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Title : Stockman Smashes Gop Taxation Neb Every Mo ‘Ideological Imposter’ Of ‘81 Bill
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Stockman Smashes Gop Taxation Neb Every Mo ‘Ideological Imposter’ Of ‘81 Bill

Stockman is real proficient here. Though, I intend the stock buyback province of affairs is to a greater extent than complex than he presents. Fritz Machlup discussed this inward much technical item in The Stock Market, Credit, as well as Capital Formation.

I too believe that an of import consideration that Stockman doesn't elevate is that to the grade debt is increased past times the corporate taxation cuts it volition Pb to greater government borrowing therefore squeezing out corporate borrowing--and volition therefore pretty much neutralize the corporate taxation cuts.

As far equally the stock market, inward the EPJ Daily Alert, I brand clear that I am real nervous virtually the equities market (and bonds) but don't run across a full-fledged recession merely yet.

  -RW

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