tax cuts (spending) &
additional spending on
the military it's likely
that we are on the verge
of Stag-flation, where income
is stagnant while prices
rise as interest rates increase.
Or the 2 Santa Claus theory of
the GOP, if We give $ 2 royalty
via tax cuts / welfare, we can't
afford Social programs. Their Santa
shot our Santa.
So we pay @ least twice as we lose
& are responsible 4 their Debt.
PS Jude Wanniski March 1976
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