THE DREADFUL KAGAN CLAN—HILLARY’S WARMONGERS IN WAITING


clinton-laughing-war

But that’s the optimistic case!  As I demonstrated recently, if you get real about all the enormous headwinds down the road—-including the virtual certainty that the Red Ponzi will have a crashing landing and take the global economy down with it—- you end up with a truly dismal picture.

To wit, just assume economic performance during the next ten years is no better or worse than the average of the last ten years, including the last decade’s 2.5% growth rate of wage and salary income.

The result is that by the out-years CBO has over-estimated taxable income by more than 20% or $2 trillion per year; and that means, in turn, that CBOs current forecast is built on massive phantom revenues, given that under current law the payroll and income tax take from wages and salaries is just under 35%.

http://www.infowars.com/the-dreadful-kagan-clan-hillarys-warmongers-in-waiting/

 

Author: allthenews

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