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Are we EVER going to get a tax deal?
Nov 8, 2017 @ 8:00 pm
Conservative writer and Christian pastor said God was ‘answering prayers’ of Texas victims by letting them get shot. WRONG!
David Fischer CEO Of Landmark Capital says there are a few landmines in the proposed tax plan. But we do have to start making hard choices with Federal spending. The tax plan hasn’t been overhauled in 30 years since Reagan. If we don’t face some pain in the short term, we’re going to have big pain in the long term.
The reason people want to move to America is because it’s the greatest nation on earth. Our lifestyle is funded by our wages. Our citizens are paid more than those who live in other countries. It’s also why our products cost more and why we export less, and the reason for the trade deficit. Trade makes the world go around.
President Trump is on the right path. But he sometimes says things about the trade deficit that are not completely accurate.
People that know a lot more about this than I do say there’s a bubble coming in the bond market. A bond is a promise from the government to pay back a note (loan) to people. Bond are a lot more, by far, than the stock market. They are the largest market in the world. A bursting bubble could crash the entire economy! The Fed is selling their treasuries (bonds) now.