Sensitivity of the US Economy is quite surprising...
What a difference $1750 per income-person makes...
The key question here is ..if the US is this sensitive,
this means that the rest of the world´s economies
are even more sensitive...
The real question becomes, why is making
effective US policy so difficult, when the bottom line is
what happens to a few hundred dollars per earner?
In other countries, it could mean as little as $50 per
earner....
The world´s economics are very sensitive indeed...
One could literally come to decent policy, by just writing
on the back of an envelope...
Obviously, a consumption tax only, and the elimination of the
IRS would strengthen the US...and thus the world.....
What a difference $1750 per income-person makes...
The key question here is ..if the US is this sensitive,
this means that the rest of the world´s economies
are even more sensitive...
The real question becomes, why is making
effective US policy so difficult, when the bottom line is
what happens to a few hundred dollars per earner?
In other countries, it could mean as little as $50 per
earner....
The world´s economics are very sensitive indeed...
One could literally come to decent policy, by just writing
on the back of an envelope...
Obviously, a consumption tax only, and the elimination of the
IRS would strengthen the US...and thus the world.....