TRUMP TAX CUTS ADVANCE ON PARTY LINE VOTE

EVERYDAY AMERICANS LOSE OUT TO TOP 1% AS TRUMP AND REPUBLICANS PREPARE TO GIVE TAX BREAKS TO WEALTHY WHILE STRIPPING BENEFITS AND CREATING LARGE NATIONAL DEBT.

AP Photo Credit / J Scott WHite ; Republicans on a Party Line Vote Give Tax breaks to the Top 1% of Americans

SENATE IS GIVING TRUMP WHAT HE WANTS

All Republican Senators except 2 voted a big Tax give-away as President Trump is crashing the American Economy and possible setting up the the rest of the world for a massive recession. He has brooken government. Destroyed our relations with allies we have had for decades, but. guess what? NO NEW TARIFFS FOR HIS FRIEND PUTIN.

What we are about to witness is not going to be good. There is talk again of recession. I see another — rarer but far more tricky economic possibility, Stagflation.

We last experienced in around late 1970’s to 1980. What it the difference?

RECESSION vs STAGFLATION

A recession is a period of economic decline characterized by falling GDP, rising unemployment, and reduced consumer spending, while stagflation is a rarer economic condition characterized by stagnant or slow economic growth, high unemployment, and persistent inflation.