>>I don't care. Stupid actions ultimately have stupid consequences.
One of the stupid consequences of the recent tax cuts according to the IMF yesterday, was upward revision of US growth forecast to 2.7% in 2018 and 2.5% in 2019. The IMF also forecasts growth overflowing onto US trade partners including an extra 0.4% for Mexico this year and 0.7% next year.
Interestingly, the IMF predicts these economic benefits to fade after 2022 when the tax cuts expire. Not sure whether everybody knows these cuts have an expiry date.
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us."
-- Shakespeare: Coriolanus, Act 1, scene 1
