There can be no recovery with the threat of enormous tax hikes (expiration of Bush cuts, C&T, health care) and trillion dollar annual deficits from here to eternity. Deep-sixing these things once and for all, cutting federal spending and regulations, and cutting marginal rates would propel us to a robust future. Until then, it will be a “jobless recovery.”
Since under FairTax there are no more taxes on earning money, all the incentive to send liquid assets and goods production out of the USA for tax reasons goes away. And that means a VASTLY stronger financial system and jobs staying in the USA, too.
Exactly.
It’s like putting a 100 lb backpack on a marathon runner.
The Government really thinks they can implement a central planned economy WITHOUT martial law? They are clueless!
Social engineering has about a 100% failure rate. Human nature has about a 100% success rate. Time is the variable.