exGOPer, I don't think I've ever seen someone get their ass kicked on such regular basis here in the ET cellar. Truly remarkable. And you are an economic illiterate. Bigly.
You’re right. These two guys don’t understand what a cost benefit analysis is. When you factor in the deficit and interest for such a small amount of growth it’s not worth it. A targeted tax cut toward the working class through a reduced payroll tax and a flattening of the corporate tax would have been much more effective. This tax bill was a sham to pay off the wealthy. A perfect example is that carried interest stayed. A simple move of taxing carried interest on gains over one million per year would have paid for a massive middle class tax cut on its own.
I am much more qualified than you. Unless you can add some substance to the discussion, then, that is all that should concern you.
I would be extremely careful about using the Federal Reserve as an indicator of future economic expansion based on their questionable forecasting abilities.