Replies

Populist rhetoric won't fix the “problem”.

So, if they try to tax those multinational companies for the “profits” they make “overseas” in other countries, then those companies will pull out of here completely and then the Amerikan consumer (Clueless at best) will REALLY pay through the nose.

This hopelessly Socialist government will also start charging huge protectionist tariffs like FDR tried to do. But there will be no World War to force industrial expansion. Instead, places like China, India, Pakistan, etc, will shift the economic flow into their treasuries. We will then see the greatest depression known to the Universe........At least here on this continent.

Thank you for your post. Yours is a rare voice of sanity on this forum, were great many supposed conservatives aspire to socialist notions.
Your last remark has also caught my attention. For the last couple of years I fear the same thing: the more rapidly the country moves towards socialism, the more it is perceived, correctly, as unstable. Stability is the main reason the world is buying our Treasury bonds. If they stop doing that, our spoiled consumers will not know what hit them. And they will be angry, as intended, at the “capitalists.” I hope the first steps in this direction we have already taken do not become a downward spiral.