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Showing posts from November 5, 2018

Spending and Collecting

I have been thinking about doing a somewhat (or overt) political ad for this election season. I had decided not to. This is not so much a political ad as it is an attempt at 'spainin' about the deficit and tax revenues in relation to the tax cuts that went into effect last year. First some numbers on what has happened to the economy due to the tax cuts and the reduction in regulations that the administration has put into place. Unemployment at record lows, employment participation growing for the first time in decades; more importantly, black and hispanic unemployment both at record lows. Consumer confidence is at an 18 year high which bodes well for the important Christmas shopping season and the economy in general. More importantly, tax revenues are UP! (if you car to follow up on that - I did a study on tax revenues following every major tax change over the past decades. I have facts and figures and even a spread sheet where I combined most of the numbers I crunched. Bott