Politics: state of the union, part 0
Self-tutoring about US politics: the tutor reflects….
Lots of people I know aren’t fans of the US president right now. He doesn’t seem much of a politician. Less politically, there are a few statistics I’ve been thinking about.
Under Trump, both corporate profits and the federal debt are up — the former, by 6.9%, while the latter, by 16.7%. My reading suggests the US has run a deficit every year of the Trump presidency. Interestingly, tax cuts were enacted in December, 2017.
Enacting tax cuts while the government runs a deficit sounds ill-advised, especially when the corporations seem to be doing well. One wonders if there is a larger idea presenting itself.
I’ll follow up.
Source:
Jack of Oracle Tutoring by Jack and Diane, Campbell River, BC.
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