how does that work?

explain the process behind this

For example, the US tax law which decreased corporate tax rates

I honestly stated that I'm not really aligned to one particular anarchist school of thinking

Yes it will bring back more businesses

Aka more short term gains

>spouting trickle down economics theory

but how will it drop in the long term

But the CBO estimates more rhan a trillion dollars in deficit

Because of lower tax revenues

@Deleted User They should move the federal reserve to trump tower

The solutions offered by socialism are usually much more radical than just changing the tax rate

Though different people will have different solutions

Which is why you have so many obnoxipus people with their (brand) of socialism

Like you noted earlier

so what you're saying is that the government won't be collecting enough taxes to sustain itself and that is the problem with low taxes?

No, that was for a specific example

Being up way too late and trying to think of something to write is like being drunk and trying to think of something to say

TBH

i wans to know how the economy will start to fail in the long term

alright im fucking out

what is the process behind that happening

I thought you said you read marx...

if the corporate tax rate causes businesses to come back

create jobs

what processes in effect will cause the economy to decline and unemployment to rise?

Its not that simple, also i just gave you an example of why it wont work

More than a trillion dollars expected to be added to the national debt

US already has a massive debt to gdp ratio

national debt makes more sense

you said deficit before

Yeah sorry

Edited

ya

Also, if the world didnt have USD as a reserve currency, US would be fucked

Calvin Coolidge presided over an economic boom by doing nothing, but as he passed the reins over to Herbert Hoover the economy basically imploded

well look i can get behind that but with all things considered we have to cut the government by a lot

@Nike @Brickiest Brick And don't forget that this is happening while, as you (brick) said, "businesses are coming back" from what is supposed to be a prospering time

the reason the government can't support itself is because it's too big

the government needs to find a balance between how much in taxes it takes in and how big it is

Ok...