Yes, you're making my point. Reagan COULD cut everyone's taxes and make it work back then because the U.S. wasn't $20 trillion in debt. The debt this country was carrying back then didn't make cutting taxes that big of a problem, now it does IMO. The debt is also stunting growth, but no one wants to admit it. David Stockman has made this point on various occasions.
The fact that only a portion of the citizens in this country pay taxes tells you something is inherently wrong with the tax code. Everyone should have some skin in the game when it comes to paying taxes. That in itself is unfair to those who do pay. Hence, the Welfare State, why in the Hell should you get a refund back when you don't pay anything in?
This is the way I see it on any dollar reboot to gold. First of all, something would have to literally make them do a gold to dollar reboot. Some crisis or financial-disaster type event would have to push the Powers That Be to make that move IMO. The Bankster Elite don't want that to happen and I don't see Trump doing anything unless He absolutely has to, so IMO there will be no voluntary gold reboot coming. I'm not sure how Rickards explains how it would all go down, but believe me I hope he's right.
If a gold to dollar reboot happens I would think Trump would be the One that makes it happen because I damn sure don't think the Banksters want it to happen. JMO
P.S. I've said it before here that it makes more sense to me that a move back to some type of gold standard/reboot to gold would happen once Trump gets his "hand-picked people" into the Fed. Let's see who Trump chooses to fill all the openings they currently have. Will it be more Goldman Disciples or will it be people that want to back the dollar with gold? This will tell what Trump's real intentions are.
