Surveys show that forecasts of the future economy made about 25 years ago were usually proven wrong almost without exception. So why do we accept opinions of all the purveyors of such prognostication?
One prediction ought to be a sure thing for the future of America. Inflation, brought on by unprecedented budget deficits. Deficits that cannot produce a viable economy, especially if politicians look to taxation as a means of reducing the problem.
Deficits have never before been reduced by taxation,(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)
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