When the government takes more money out of the pockets of middle class Americans, entrepreneurs, and businesses, it lessens the available cash flow for people to spend on goods and services, less money to start businesses, and less money for businesses to expand - i.e. creating new jobs and hiring people.
Lower taxes will stimulate your own personal economy by leaving more money in your pocket to do what you want - invest, save, spend, buy a bigger house, a nicer car, and give to charity. And lower taxes also lead to more money for the government to use on those things they've promised you. It's a win-win for everyone.
With Donald J. Trump's arrival to power, many feel astonished by the growth of populism. Others analyze with extreme care the decline of companies that measure public opinion. I am saddened to watch the lack of temperament and political stability of those who 'represent' a trend or ideology.
The truth is that for a Democrat to triumph in a presidential election, it needs to come on the heels of 'the dark times' of an unpopular Republican administration. Carter followed the Nixon era, Clinton succeeded after 12 years of Reagan/Bush, and Obama was a direct result of eight years of Bush/Cheney.
The very phrase 'Make America great again' implies some kind of reset to a time long since passed. A mission to restore America to a previous default setting where American economic superiority was without peer, factories and manufacturing plants were humming, and jobs were plentiful for anyone who wanted one.
The study titled 'Impact of Immigration on Wages, by Education Level, 1994-2007' found that increased immigration had an effect of lowering wages for earlier immigrants by an average of 4.6 percent. Running counter to popular perception is the finding that for native-born Americans, wages actually increased by 0.6 percent.
Sure, if you're a well to do family, you always have the option of sending your children to private schools where teachers spend less time disciplining kids and more time teaching them. However, this option is beyond the reach of most households. And this is what makes school vouchers such a promising solution for lower and middle income families.
The business side of real estate investing is fraught with risk. Unlike purchasing mutual funds or savings bonds, with real estate, you can lose money; this is one of the reasons that seasoned real estate investors caution neophytes never to get too emotional about a property and always be willing to walk away.