When u cut taxes in a strong economy, raise inflationary pressures.
So..higher interest rates.
In anticipation, market drops.
Mortgages cost more.
If this is not a correction, this is what is happening. Go back to days be4 tax cut passed: its what i explained would happen.
So..higher interest rates.
In anticipation, market drops.
Mortgages cost more.
If this is not a correction, this is what is happening. Go back to days be4 tax cut passed: its what i explained would happen.
...when u add on top of unnecessary tax cuts in a strong economy, then a high budget, you create unquestionable push to inflation.
So enjoy your pennies from the tax cut. You'll pay dollars on mortgage and fall of house value if this recklessness continues,
So enjoy your pennies from the tax cut. You'll pay dollars on mortgage and fall of house value if this recklessness continues,
...for the willfully stupid, here is an economist: Mark Zandi, chief economist of Moody’s Analytics: “Deficit financed tax cuts and spending increases in a full-employment economy will result in more Fed tightening and higher interest rates.” WHICH..kills the middle class.
