Atrocity, U.S.A. - 2013

When will the apathetic public get MAD​?​ 

The rich got a HUGE TAX CUT - maybe the biggest of all time - Payroll Workers got a big TAX INCREASE - 

​and ​Congress got a pay raise.

The new Tax Law makes the Bush tax cuts PERMANENT - taxes investment earnings at a lower rate than YOUR earned income - lets the ultra rich treat ALL their income as investment income - increases taxes on Social Security - and NOBODY EVEN GOT MAD. 

And in case you haven't noticed, U.S. average life expectancy is decreasing and now lags most of the OECD nations, the U.S. is one of the most income-unequal nations in the developed world, and everyone is singing "Sunny Side of the Street".

What to expect:

Since the buying power of the poor has been decreased, domestic demand will drop, while demand for luxury goods may rise slightly (made in China). So it's a good time to go "invisible" and search for government benefits like unemployment payments, food stamps and the like. The markets may soar as sidelined funds return, but since none of our companies will be able to expand demand, don't look for permanent prosperity.

​Leave a comment to tell me why I'm wrong.

If you never frown, how do we know when you're smiling?

And if you never criticize, what changes for the better?

Bob Malone
001.832.598.7783