12-01-2016, 08:00 PM
(11-30-2016, 12:22 PM)X_4AD_84 Wrote:(11-30-2016, 12:00 PM)David Horn Wrote: Setting aside whether the Gipper actually deserves credit on this watch, the facts on the ground are dramatically different today. We don't have stagflation, rather a case of inadequate demand. Lowering taxes on the rich is more akin to adding kerosene to a roaring blaze -- not that this will eliminate the possibility of GOP tax cutting, of course.
If it's gong to be tax cuts, then just issue rebates to everyone for some amount. It's not perfect, but most of it will be spent.
I agree. We need overtly inflationary tactics now more than ever. The average schmoe is losing what little wealth they still have as the Deflation Monster ravages the countryside.
As I see it, there's little hope, given Trump's appointments and what it says, that we can call for any helpful policies now. It was bad enough for the last 6 years. Now we've got 4 more even worse years, with no-one in charge who can offer up any policies that would be helpful to the people, on this issue or any other.
Organization and resistance is our only recourse.