SPDR S&P 500 (SPY)

[risk on]

Won’t be so “MaJic” when CBO scores get issued. In fact, that’s why they are already going on and on about “ it’s gonna stimulate the GDP, which is going to offset any revenues missing and therefore won’t add to the deficits and debt “ pp, which as history shows us is Impossible !

Clinton had a surplus , but it wasn’t his doing totally , it was the GEorge HW Bush Tax INCREASES ( read my lips ) that actually set the surplus in motion. Why did GHWB have to break a promise and raise taxes? Because his predecessor cut taxes by so much under the same pretext of “ oh , it will trickle down and ultimately create more Govt revenue “pp . This was coined as “ voodoo economics “ by Reagan’s then opponent , GWHB, and his opponent was proven correct.

But, now it’s supposed to somehow work differently ? LO- fng L