Saturday, September 30, 2017

Tax cut talk is nonsense

Like most everything that Donald Trump and Republicans address, the “tax cut” talk is another deceptive distraction. They want to give tax cuts to their wealthy patrons and corporations under the failed theory of trickle-down economics.

“Bruce Bartlett, who served as a domestic policy adviser to Reagan during the 1980s, wrote in an op-ed for The Washington Post on Thursday, alleging that ‘Republican rhetoric around tax cutting’ amounts to ‘wishful thinking.’”
 https://www.usnews.com/news/economy/articles/2017-09-29/would-a-trump-tax-cut-boost-economic-growth

The evidence demonstrates that there is no relationship between tax policy “with regard to the top tax rates and the size of the economic pie."

Instead, the discussion should be about how the nation is going to produce a sustainable economy with a good life for all citizens in the absence of poverty. To accomplish that, the nation must repair the deplorably damaged political system and government that begins with a purge of the incumbents.




To be successful, a nation must have a sustainable economy; something the United States of America does not have in place.

James A. George and James A. Rodger suggest attributes for a new economic model that advocates sustainable capitalism. The model embraces the Genuine Progress Indicator and triple bottom-line accounting.

The authors explore important topics, including: 
• causes of the global economic crisis during the presidency of George W. Bush;
• insights on how President Donald Trump?s administration is approaching economic problems;
• ways all citizens can work together to ensure we meet our optimum potential; and
• strategies to achieve balance among economic, social, and environmental needs.
While most people think that sustainable economics is all about climate change, the authors take a much broader view, noting that without economic security, there can be no military security and no homeland security.

America has enjoyed prosperity, but too many citizens continue to live in poverty. We can all earn a better return on our national resources by educating ourselves and Regenerating America with Sustainable Economics.
https://www.amazon.com/Regenerating-America-Sustainable-Economics-Ahead/dp/1480851078/ref=pd_ybh_a_1?_encoding=UTF8&psc=1&refRID=GHSN1JZTES2WE2DA08C2 


Please read the book and so we can discuss it.


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