Clipped Wings: Trump Tax Cuts Slow New Income to Main Street

The Trump tax cut had two primary purposes: 1) political: to make Trump seem like he is “pro-business”, and 2) economic: to give free help to already overvalued stock portfolios, to delay the collapse of the current bubble. The single most salient fact about the Trump tax cut was largely ignored by those who passed … Continue reading Clipped Wings: Trump Tax Cuts Slow New Income to Main Street

Financial Collapse was Foreseeable, More People-centered Investment Needed

A return to people-centered investment can motivate the flow of private capital As I go back and look over what was being written about the economy, and the federal budget, the lost Clinton surpluses, falling wages, and the property bubble, throughout George W. Bush’s second term in office, it is clear the signs were there throughout that … Continue reading Financial Collapse was Foreseeable, More People-centered Investment Needed