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You did not imply it. I am.
The tax base is about to shrink rapidly.
Unemployment is going to spiral.
Housing prices are going to tumble.
Markets will follow.
We are creating over $2 trillion in debt per year.
I had no problem with that, but with the current corporate tax policy, the US economy is underperforming. The tariffs will raise unemployment, and we will economically go over the edge.
The poli theater, as you noted in a recent post, is all about stopping tax hikes. We will hit a wall. The debt won't be manageable.
The hard maths do not add up as this economy falls apart. Short of a steep corporate tax hike, the die is cast.
We know we can act very radically to do things. Kind of ironic because we won't. Paradoxically, because the one change we absolutely need is the radical change we are hiding from.
