{"id":1419,"date":"2016-09-29T09:22:40","date_gmt":"2016-09-29T16:22:40","guid":{"rendered":"http:\/\/theasoe.com\/blog\/?p=1419"},"modified":"2016-09-29T09:22:40","modified_gmt":"2016-09-29T16:22:40","slug":"donald-and-hillary","status":"publish","type":"post","link":"https:\/\/www.theasoe.com\/blog\/?p=1419","title":{"rendered":"Donald and Hillary"},"content":{"rendered":"<p>OK, so now Donald knows what to expect. We expect him to attack Herself much more vigorously&#8230;.he&#8217;s got enough material for the next two debates if the moderators cooperate and don&#8217;t ask Hillary softball questions.<\/p>\n<p>There&#8217;s one point that everyone got wrong, we thing: the effects of a tax cut. Donald should remember this from Wharton, but it&#8217;s been a while. And they all missed what happened when Reagan cut the hell out of taxes:<\/p>\n<ol>\n<li>There will be a drop in tax receipts for a couple of years, until business growth catches up, and then receipts will increase. So, yeah, the deficit will increase for a couple of years. I&#8217;d be surprised if Donald can&#8217;t cut 10% out of federal spending. We see a balanced budget in 5 years.<\/li>\n<li>We can&#8217;t see a drop in employment at all&#8230;.except at the federal govt level, maybe. Businesses will hire some more folks, having kept more money; businesses won&#8217;t relocate to England and Ireland because there won&#8217;t be a tax advantage to do so.\u00a0\u00a0Even Ford might stay home.<\/li>\n<li>All the corps with offshore retained earnings will be able to bring them home (NO taxes), which should help investment, which should help employment.<\/li>\n<\/ol>\n<p>So, let&#8217;s try to get the economics right, everybody.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OK, so now Donald knows what to expect. We expect him to attack Herself much more vigorously&#8230;.he&#8217;s got enough material for the next two debates if the moderators cooperate and don&#8217;t ask Hillary softball questions. There&#8217;s one point that everyone &hellip; <a href=\"https:\/\/www.theasoe.com\/blog\/?p=1419\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[774,699,30,777],"tags":[],"_links":{"self":[{"href":"https:\/\/www.theasoe.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1419"}],"collection":[{"href":"https:\/\/www.theasoe.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.theasoe.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.theasoe.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.theasoe.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1419"}],"version-history":[{"count":1,"href":"https:\/\/www.theasoe.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1419\/revisions"}],"predecessor-version":[{"id":1420,"href":"https:\/\/www.theasoe.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1419\/revisions\/1420"}],"wp:attachment":[{"href":"https:\/\/www.theasoe.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.theasoe.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.theasoe.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}