Wherever weâre headed, America is evolving in ways most of us donât like or understand. Individually focused yet collectively adrift, we wonder if weâre heading toward a waterfall. Are we?
The president and congress no longer even pretend to be fiscally responsible.
They didnât even pretend to try and pay for the increased spending. Trumpâs tax cuts were sold as a way to have mega-corporations repatriate hundreds of billions from overseas and reinvigorate the economy with a surge in job creation.
With half the working public already paying little or no taxes, the tax cuts heavily favored the .1% and put $200 billion more into the coffers of the biggest corporations with the most powerful lobbyists. So, the politicians keep spending more on the military industrial complex and corporate tax revenues have plunged by two thirds, which will leave us with a $1.3 trillion deficit next year, even if we donât fall into recession.
