Your Economy (No Politics)

[trader guy]

Hold your horses there cowboy. The nat debt today is $20.6 trillion.
http://www.usdebtclock.org/#
That's 600B over your cherry picked number. Note the amount paid in corporate revenue. When the GOP gets its way, you can deduct 15% from that number and and add it to the debt and watch it compound.

And don't come back with the BS that corps will put the tax savings and repatriated earnings back into their companies and the stimulation will spur high worker earnings and more taxes. Many CEO's have already come out and said they will pay the tax savings to shareholders and buy back stock. I strongly suspect the rest didn't want to embarrass themselves and kept quiet.

Oh, there could be a little wealth effect as the buybacks drive up stock prices for those lucky enough to have a positive 401K balance. But it won't be long lived and will quickly vaporize with the next crash, whenever that is. And it is long overdue, so stay tuned.