This is going to take the wind out of Trump's proposed tax cuts. No way in hell is he going to be able to sell the idea that a guaranteed 3+% GDP growth will be all we need to finally create a "trickle-down" effect, which BTW has NEVER materialized in the past when taxes were cut.
In fact that only time in recent history that the GDP grew WITHOUT the deficit going through the roof was when Bill Clinton RAISED taxes. Bush's tax cuts almost bankrupted the country. There is no reason to suspect that Trump's won't either.
OCU
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