We have to get Serious about “the REAL Economy” for a Soft-Landing to WORK.
To create consistently an estimated 230,000 Jobs monthly, which is the estimated number of Jobs, the United States needs to grow steadily, we have to definitely look back, to understand how we got here, when it comes to the United States economic situation. It was not an accident, and then we will understand the path, to a successful 10 year, 10% $25,000 Consumer Driven Model Economy. So, let’s walk through it – you will appreciate it.
There is actually a path, to a soft-landing. A soft-landing amounts to minimal interruptions, in your working careers, as the economy slows, due to inevitable interest rate adjustments. The real rate of unemployment, as understood by economists, actually has within it, the solution to support growth, long-term job creation, and that soft-landing we just spoke of. Because former president Biden equivocated, when it comes to our Job Rates, saying his 4.1% rate (the U-3 rate) for December, 2024, the last month of his 4 year presidential term, is reflective of our Job Situation, that does not make the most comprehensive rate, per the Bureau of Labor Statistics (BLS) economists, and the real economy’s rate for December, of 7.5% (the U-6 rate) unemployment, with a black rate 2.7% higher, over the real rate, at 10.2%, magically disappear.
With diversity as our strength, the economy should work for everyone. The TRUTH matters. “The Democratic Party’s political policy” of undercounting/underreporting our unemployment rates, I assume to make themselves look politically stronger, when it comes to the economy is a genuinely real thing. It “currently enjoys,” the support of former President Barack Obama, and the Congressional Black Caucus, formerly chaired by Rep. Joyce Beatty (Ohio). But this policy, hurts workers, including Black Americans. “The vile policy” hides coming and current layoffs, and hurts all American workers, professional, blue collar, union, and working-class Americans everywhere.
Equivocation about our Job Rates, started back in 1994, with former President Clinton’s administration, and was adopted by the Bush, Obama, Trump and Biden administrations, and now the Trump administration again, as Mr. Trump serves his 2nd term. The monthly official Job Rate, now published by the Trump administration, gives the appearance, former president Biden’s 4.1% unemployment rate, the U-3 category rate, taken from the chart of Alternative Measurements of Unemployment is the most comprehensive measurement, of our nation’s unemployment situation. It is not.
The U-3 category rate of unemployment was never meant to be viewed, as being comprehensive of our nation’s unemployment situation, because it is narrow in scope, as it measures a small worker group, hence, it will always flash a low Job Rate number, making both Democratic and Republican parties administrations look good when reporting the nation’s monthly Job Situation. Economists, at the time the changes to the unemployment rates were done in 1994, agreed the most comprehensive of the category of unemployment rates is, the U-6 rate, which is, 8.7%, for November, our latest Job Situation Report month, while the U-3 category rate is, 4.6%. The September rate, which was our last recorded rate was 8.0%. There was no October monthly rate due to the Federal Government shut down.
Yet, somehow U-3, the lower of the two category rates, not only became our official unemployment rate, but also our most comprehensive Job Rate, with no one in the Clinton administration including, the Secretary of Labor, at the time, Robert Reich, or anyone, in the Bureau of Labor Statistics taking credit, for making U-3, the most comprehensive rate of our monthly unemployment situation. How about this, what if the Trump administration, re-aligned his administration from Clinton’s, and align it with the Bureau of Labor Statistics (BLS) economists, and declare U-6, at 8.7%, for November, as the REAL, and most comprehensive Job Rate? No added authority or Congressional approval is needed, by President Trump to carry this out, just as the Clinton administration did not need added authority or Congressional authority to wrongly promote the U-3 category rate as being comprehensive of the nation’s monthly Job Situation.
Before continuing, and just to be clear, some of you may not see, or understand how a few percentage points, can make a gigantic difference. If you undercount our unemployment rates, which ultimately leads to hiding layoffs from VOTERS and the public, with a Job Rate lower (Biden’s or we should now say, “Trump’s 4.6% political rate for November”) than the REAL Job Rate per BLS economists, (8.7%), Trump willfully, counts and publicizes or makes known to VOTERS and the public only 53% of ALL laid-off workers. Thus, Trump’s use of the 4.6%, or the U-3 jobless rate, is misleading, lacking integrity. It gives the impression we have a better economy than, what is, factually true.
Additionally, by using the U-3 rate, Trump is saying we have a full employment economy. By definition this means, the condition in which virtually all who are able and willing to work are employed, as 4.6% unemployment indicates 95% of America’s approximately 170 million labor force are employed at full time jobs paying them a living wage or what they understand a living wage is. That’s impossible of course, as the Bureau of Labor Statistics (BLS) reported in November, the United States economy created only 64,000 Jobs. As recently as 2024, economists estimated the Job market need to add as many as 230,000 Jobs a month to keep the unemployment rate steady.
Biden’s unemployment numbers simply did not add up when fact checked and neither will the Trump administration’s unemployment numbers, if they continue to use Biden’s policy of misinformation, “saying the U-3 category rate, at 4.6% for November,” our latest unemployment situation number, is comprehensive of our monthly Job Situation.
For those of you who want to take a deep dive into understanding the unemployment rate scheme – I recommend you click on the following links to the articles below, which will give you all the details you need. For others, please continue to read, as beyond those links, we will continue to explain “the Consumer Tax Cut Plan.” With, the Real, and most comprehensive November unemployment rate, at 8.7%, the United States needs to grow the economy and create Jobs!
While you are here, I suggest you may want to Purchase “The Fix This Time,“ for yourself, or as a gift. Proceeds will be used, in part, to contribute to funding awareness of the 10 year 10%, $25,000 Baby Boomer Consumer Tax Cut proposal, and how the Tax Cut will grow Jobs and our Economy. Your purchases will prompt a review of how the U-3 Category Rate is being abused and came to be wrongly reflective of our monthly unemployment situation, potentially leading to reforms, and a pathway to an improved “Consumer Driven model economy,” through a 10%, $25,000 Baby Boomer Consumer Tax Cut, that will create millions of Jobs and benefit All American workers. If Truth and Justice matter to you when it comes to the challenges endured by ALL working-class Americans, ACT Now, and Purchase “The Fix This Time,” Now for $9.99. Thank you.
But because we know, I mean the nation knows, how to create Jobs, knowing inflation, and higher interest rates, the major tool used by the chair Jerome Powell, and the Federal Reserve, to fight inflation will drive unemployment, and layoffs, higher, any anxiety over Job losses can be assuaged. Remember, we have done this before, that is create Jobs, and saw high Job creation monthly, during our recovery, from the Covid 19 pandemic. So, the soft-landing spoken of above, as the Federal Reserve completes its interest rate adjustments to quell inflation, is well within our, and the Trump administration’s reach.
However, the Trump administration and Democrats have to want to help working-class Americans and all-American workers, by working in the best interest of America and yes, themselves. As a matter of fact, as you read, you will find the 10% Consumer Tax Cut itself, and the rate of distribution offers an additional tool to the Treasury Secretary, who is now Scott Bessent and the Federal Reserve to fight inflation.
The 10-year 10% $25,000 Boomer Consumer Tax Cut gives the Federal Reserve and the U.S. Treasury the ability to control the distribution of money flowing into the U.S. economy’s capitalist system – more if needed to increase Consumer Demand, which creates Jobs, less if needed to control inflation through interest rate adjustments and money flow.
Economic growth does not come from trickle-down revenue due to tax cuts to billionaires, millionaires and corporations. It comes from consumers with disposable income to spend, who are 70% of the United States gross domestic product (GDP). When consumers spend money, Job growth rises exponentially, as a consequence of consumer spending, leading to an economy that lifts all boats in the water at the same time.
If we decouple ourselves from the corruption surrounding our unemployment rates and take the politics out of the Covid 19 pandemic recovery completely, and just look at how the money was spent, by the federal government, we get a detailed idea and complete understanding of how to duplicate the process of job creation, and not just duplicate it, mind you, but chart a historical course, to make it more efficient, and long-term. We know over 10 million Jobs were created, in a consistent manner, over the last few years, and we know the federal government spent trillions, doing it. These are the facts. So, how was the money spent, and the Jobs created?
The Covid 19 pandemic showed us, we have a relatively simple economy, when it comes to growing Jobs, unlike some other nations. The consumer powers about 70% of job creation, in our economy. Simply put, that means, consumers spending money, is responsible for 7 out of every 10 Jobs created in our economy.
Here is what we know when it comes to factual data. To show the U.S. is a consumer driven economy, we need only look at the Cares Act, the single largest relief bill in the history of the nation, at the time, of its signing ($2.3 trillion), into law on March 27, 2020. We find 75%-80% of the money legislated, went to enhancing consumer spending, directly, or indirectly through stimulus payments, TAX CREDITS, and tax cuts. Additionally, and notice this, about the $2000.00 stimulus check, it was not recorded as part of the gross income of its recipients, so there was no income taxes paid on it (it was given to us tax free (A Tax Cut), so we could spend it, creating Jobs in our economy).
Consumer spending, as a result of the Cares Act (stimulus) tax cuts, and tax credits, was a major contributor in the rate of unemployment dropping from 14.7%, in May 2020 to 6.7%, in November 2020. When the nation was on its knees economically, due to the Covid 19 pandemic, policy makers did not turn to, what Republicans have always sold us, as a fix for our economy, and that’s corporate tax cuts, and tax cuts for billionaires, millionaires, and the wealthy. They turned to consumer spending, which was wise and makes common sense to grow Jobs and the economy, which led to tax cuts to consumers. These tax cuts were disguised, and intentionally mislabeled by politicians, to look like something other than tax cuts; they called them stimulus checks and tax credits, misleading many of you.
We have already mentioned the $2,000 stimulus (Tax Cut) check. However, there were such programs, as the $484 billion Payroll Protection Program, and the $367 billion outlays, of various loans, and grant programs to businesses, and to major corporations, all to keep consumers employed, and spending, to sustain job creation. However, one of the major tax cut programs disguised, as a tax credit program, stood out, and helps us understand, it’s consumer spending, that is at the heart, of our nation’s growth and job creation.
While there was growth, and job creation, due to prior spending during the pandemic, the tax cut to Families with Children, stood out as being very effective. It caused a gust of growth, and job creation. Using Democrats’ figures, roughly $15 billion monthly in TAX CUTS started going out with 170 days left in 2021, as the tax cut to Families with Children program got underway in July and ended on December 31st. It resulted in $529 million a day being given to, and spent by consumers, every day, on average. What the federal government did was, front loaded money to Families with Children, based on the number of children, Internal Revenue Service records showed they had, and sent them a check.
1.091 million JOBS were created, in July, 483,000, in August, (in spite of the onset of the Delta variant), and 379,000 JOBS, in September during the peak of the variant, as many experts attested to the peaking, at that time. But Republicans, objected to a direct tax cut going to that group of consumers, “Families with Children,” even though the principle of giving consumers “a direct tax cut,” resulted in growing our economy and creating good paying Jobs for working-class Americans, everywhere.
However, it wasn’t clear at the time, whether Senator Joe Manchin and Republicans were objecting to “Families with Children,” as the recipients of the tax cut, or were they objecting to the principle, of consumer spending, as a means to create Jobs, and grow our economy. Even a 5th grader can understand this, if you give a direct tax cut to the 70% (the consumer), who is powering your economy, you are going to get a burst of growth, and job creation through “NEW” spending, by the 70% (the consumer), who is powering, and growing your economy.
If it were just the “Families with Children,” they objected to, as tax cut recipients, there is a more acceptable group of recipients, for the GOP and Democrats. This group’s consumer spending will ensure those same families with children have Jobs, and a means to survive, and grow successfully out of this coming Economic Downturn. Baby Boomers, as a homogeneous group, who are retiring at a rate of 10,000 a day, will statistically be the best target of the coming, direct consumer tax cut. Here is why.
The age group, beginning at 55 plus years, are responsible for about 40% of the spending done in our capitalist economy. Baby Boomers are the largest population within that group of consumers. Baby Boomers, who will receive the $25,000 Consumer Tax Cut at the time of retirement, once they start receiving Social Security retirement payments, will spend the money, as they are currently doing, creating growth, and Jobs. A side and great benefit of consumer spending, as an effect, of a 10%, $25,000 Consumer Tax Cut, is deficit reduction, as consumer spending as a result of the direct tax cut will generate new revenues streams, that can be taxed by federal, state and local governments. This will result in continuing, and I do mean, “continuing deficit reduction,” as consumer spending, is doing already, right now.
Here is a more technical rendering of how the 10%, $25,000 Consumer Tax Cut will work when it comes to Baby Boomers.
The Source of the 10%, $25,000 Tax Cut Amount.
Because we know consumer spending or consumption represent approximately 68-70% of U.S. GDP, per the Bureau of Economic Analysis (BEA), the question that arises, is how do you push capital on a long-term, organized, and sustained basis down to the consumer, resulting in giving consumers a direct 10% tax cut? (The 10% retirement distribution amount is based on the average annual Social Security benefit check for 2019. However, the latest year could be substituted in calculating the benefit). According to Social Security the 2019 annual benefit amount was, $17,532.00. The $17,532.00 annual payout works out to a monthly income to retirees, of $1,461.00. The principal amount of capital needed to generate a $17,532.00 annual payout to retirees is, $254,100.00, earning interest at 6.9% (why use 6.9% annual interest, will be answered in the ensuing paragraphs under Interest Rate Adjustment).
The 10% across the board tax cut is calculated, based on a one-time partial distribution payment of $25,410.00 from the principal of $254,100.00. In other words, we are allowing Baby Boomers, as they reach full retirement (or perhaps early retirement), to take 10% of their average principal, as a tax cut. The 10% partial distribution is $25,410.00. Please note, because this is a tax cut, Boomers are not required to pay this money back or have their monthly Social Security benefits reduced. The $25,410.00 should not be subjected to federal, state, and local taxes, or any form of garnishment. They actually receive, an initial one-time deposit from Social Security of $25,410.00. The 10% partial distribution to retirees, based on the average Social Security annual retirement of $17,532.00, is no different than the tax cuts given to millionaires, billionaires, and corporations. The end result is each plan reduces the amount of money in the U.S. Treasury. However, included among these retirees, are the millionaires and billionaires! In that respect, the Davis Plan, is more equitable, than prior Republican tax cut plans. Additionally, the Tax Cut will pay for itself. As stated above it will produce surplus revenues that can be taxed, as it produces Jobs and grow our economy. The definition of Growth is increase, and expansion, which means additional revenues.
Calculating the cost of a 10%, $25,000 Consumer (Demand Side) Tax Cut.
BOOMERS ARE RETIRING AT A RATE OF 10,000 PER DAY having STARTED IN JANUARY of 2012, at the age of 66. 10,000 Boomers per day RETIRING times $25,410 = $254,100,000.00. 365 days times $254,100,000.00 = $92,746,500,000.00 annually. 10 years times $92,746,500,000.00 = $927.5 billion over 10 years.
Distribution of the 10%, $25,000 Consumer (Demand Side) Tax Cut.
The retirement of Baby Boomers is happening based on a bell-shaped graphic. The upward line, which forms the left side of the bell, indicates an increasing number of Baby Boomers were born from 1946 to 1955 and the descending right side of the bell shows a decreasing number of births. It is the overall number of Baby Boomers, 68 to 72 million, that makes this Consumer Tax Cut doable. 10,000 Baby Boomers retiring per day represents an average number. That 10,000 per day retirement rate, is affected by the following variables: 1) Some people retire at 62 years, losing 25% of their Social Security income. However, early retirement reduces the 10,000 per day average. 2) Death prior to 66 reduces the average. 3) Disability retirements are another variable affecting the daily rate of 10,000 per day. 4) Tax cuts to the wealthy are not stimulative because rich households just preserve their wealth and income rather than spending it (https://www.cbpp.org/research/federal-tax/tax-cuts-for-the-rich-arent-an-economic-panacea-and-could-hurt-growth).
To offset these variables and ensure the integrity and continuity of the 10,000 per day $25,000 stimulus, following are the adjustments, based on the stimulus payments starting in 2025 and continuing for 10 years, the duration of the tax cut. The distribution of the $25,000 stimulus payments can be accomplished using the following method. Baby Boomers born in 1955 would receive the $25,000 stimulus payment along with Boomers born in 1946; Boomers born in 1956 would be tucked into the group of Boomers born in 1947; Boomers born in 1957 would be part of the group born in 1948; Boomers born in 1958 would be part of the group born in 1949; Those born in 1959 would be part of the group born in 1950. Boomers born in 1960 would be part of the group born in 1951. Those born in 1961 would be part of the group born in 1952. Boomers born in 1962 would be part of the group born in 1953; Those born in 1963 would be part of the group born in 1954 and finally those born in 1964 would be the final recipients. The increasing numbers of Baby Boomers on the left side of the bell graphic amount to more than 10,000 per day, while the Baby Boomers born on the right side of the bell graphic represent decreasing births. However, when matched or grouped together, their numbers should average around 15,000 retirees or less per day, compensating for the variables mentioned above.
Thus, the “overall,” or final cost of the 10%, $25,000 Demand Side Stimulus Tax Cut, based upon the 15,000-retiree count number, is approximately $1.5 trillion, matching the cost of the 2017 Trump Tax Cut. The Demand Side Tax Cut is data driven. Controlling the flow of capital entering the economy, will achieve its objective of “throttling,” or deliberately regulating economic recovery and job creation, leading to optimizing or making the performance of the United States economy, as effective or functional as possible. There is a great deal of flexibility available to the treasury and the Federal Reserve (Fed), when it comes to the distribution of the tax cut, over the 10-year life cycle of the direct consumer tax cut. The U.S. Treasury Secretary has the option of pulling forward consumption spending as needed in the distribution of the Baby Boomer consumer tax cut, as long as it meets its commitment to distribute the tax cut in 10 years. This is possible, because a major portion of the Boomer population is already retired, and the U.S. Treasury in cooperation with the Social Security administration will determine the rate of distribution of the $25,000 tax cut.
The tax cut to Families with Children does not give the treasury this kind of flexibility. Its payments must be issued to parents monthly on a pre-calculated basis based on the number of children. So, the ability to increase or decrease consumer spending through manipulating the distribution of the funds to check the rate of inflation, and maintain consistent job creation is not possible, with the Families with Children tax cut. The Boomer direct tax cut gives the Fed another tool, other than raising and lowering interest rates to meet its mandate of full employment, and that is the distribution of capital in an organized manner, more if needed or less, to stimulate the growth of Jobs and the economy. The 55 plus year demographic, of which Baby Boomers are the majority, is responsible for 40% of our consumer demand or consumption. Consumption data show low and middle-income Americans, are more likely than higher earners to spend benefits from the government, creating economic growth and millions of Jobs, as illustrated by the Covid 19 recovery.
Consumer spending, which is responsible for approximately 70% of our economic activity, when it comes to creating Jobs in this $20 trillion plus economy, is what makes our free-market economy work. The truth is, there is no greater economic engine in the world, than U.S. consumer spending. It is a historical fact, consumer spending, made the United States the #1 and largest economy in the world. Therefore, if you increase consumer spending, you will shorten enormously or end an Economic Downturn altogether. A new American economy, for our families and the next generation, can be built through consumer spending with a 10 year 10%, $25,000 Boomer Consumer Tax Cut.
Even Chinese leaders, an authoritarian government, recognize something about the U.S. economy, that they think is very powerful, that is overlooked by policymakers, in Washington; maybe intentionally or unintentionally; hard to tell these days. It is the power of U.S. consumer spending, that they readily recognize. More controlled consumer spending means long term job creation for the United States’ economy! Here is a comment from a Chinese official about the United States economy. Peng Sen, president of the China Society of Economic Reform, said in an article by Bloomberg News on 3/25/2025, “Authorities (China) should make efforts to boost consumption as a share of gross domestic product to 70% by 2035 from about 55% currently.” Peng’s remarks add urgency to calls for China to adjust its growth model as geopolitical tensions threaten to slow exports and returns on investment diminish. The Chinese government has made boosting domestic demand, particularly consumption, (consumer spending) the top economic priority this year, although authorities didn’t put a number to that goal.”
As stated above, the tax cut, while originally designed to start in 2021 and last for ten years ending in 2031, and include ALL Boomers offers the Trump Administration, additional flexibility that the blunt actions of raising and lowering interest rates do not. If the coming Downturn is “deeper or steeper than anticipated,” the Treasury Department can pull forward the distribution of the $25,000 tax cut, thus creating a higher rate of Consumer Demand to create a soft-landing. For example, the Treasury Department could pull forward the tax cut years of 2021, 2022 or all the way up to 2025. If the Downturn is shallow, or not as deep as anticipated, the distribution of the $25,000 tax cut can be done more slowly. (The Consumer Tax Cut relieves the nation of the bluntness of interest rate decreases and increases, as the single tool to stimulate the economy and fight inflation). The Federal Reserve and the U.S. Treasury in a combine effort, now have the tools, to consistently grow the U.S. economy at 3 to 5 percent annually into the foreseeable future and can quickly respond to dips in our growth rate, all because of wisely using our most potent power, United States Consumer Spending.
Congress, if prompted by voters, can extend the tax cut to the next generation of retirees, based on the formula as established by this original Boomer Consumer Tax Cut. Thus, this “Direct” Consumer Tax Cut, is an opportunity for one generation, the Baby Boomers (1946-1964), to leave a beneficially positive economic legacy of “reformation to America’s capitalist system,” that will benefit and be felt financially, by future generations, and indeed the world, demonstrating Capitalism works for all of us: Generation X (1965-1980); Millennials (1981-1996); and even Generation Z (1997-2012).
It is foolish to believe Capitalism cannot be adjusted and reformed to give All Americans “Life, Liberty and Happiness, (prosperity)” as spoken of in the Declaration of Independence. It comes down to common-sense. We have empirical evidence, as a result of our experience with Covid 19, that shows us, an organized tax cut to consumers works, in making our economy better for everyone, billionaires, millionaires, corporations, Americans, American workers, professional, blue collar, union, working-class Americans, and retired Americans. When United States policy makers embrace the power of consumer spending, we grow economically and create millions of Jobs.
There is no question our economy is out of sync! Retirees are under stress and need relief. Real unemployment rates are high. The solution: a 10% 10-year Boomer Consumer (Demand Side) Tax Cut, would correct all three problems. In a growing economy anchored by a 10% Demand Side Tax Cut, the Federal Reserve would have room to adjust interest rates without snuffing out recovering growth, as the Federal Reserve can raise or lower interest rates and not fear deep layoffs. With Americans out of work and millions more suffering, our government must act with “wisdom, courage, strength, and urgency,” as it did during the Covid 19 recovery. We urgently need to restore our economy to a sustained long-term trajectory of growth, that does not call for easy money (cheap money), that is zero or abnormally low interest rates to be the source of that growth. There will be no additional bureaucracy needed, in activating the tax cut, as we have already seen, due to the $2000 stimulus checks, the 10%, $25,000 Stimulus Tax Cut checks can be efficiently distributed through the Social Security system, giving that agency a lift.
(Interest Rate Adjustment / Normalization of Interest Rates).
The daily spending of $25,000 stimulus checks may create upward pressure on inflation targets set by the Federal Reserve (Fed), the central bank of the United States. This pressure could force the Fed to adjust interest rates. When, we go back to 1994, during the Clinton administration’s economic expansion where monetary stimulus was used, we can see in real time how the Fed can raise interest rates, to reduce inflation and not impede the Boomer Consumer Tax Cut expansion and also allow interest to be earned on the principal amount of $254,100.00.
In 1994 Gross domestic product (GDP) reached 4.0%. Unemployment was at 5.5% and inflation was at 2.7%. The Fed increased the federal fund rate from 3.25% in February to 5.5% in November, during that year.
In 1995, as the federal fund rate reached a high of 6.0% in February, GDP fell to 2.7%, unemployment increased to 5.6% and the inflation rate dropped to 2.5%.
However, the economy resumed upward growth in 1996, with GDP reaching 3.8%, and GDP, continued rising in 1997 to 4.4%, in 1998 to 4.5%, and topped out in 1999 at 4.8%, with the federal fund rate reaching 5.5% on November 16, 1999.
Consider the prime rate; it is the rate, at which banks lend money or retail money, to its more favored bank customers. As a general rule, the prime rate is pegged about 3% above, whatever the federal funds rate is. So, the 6.9% interest earned on the principal capital amount, of $254,100.00, is conservative. Remember, the federal fund rate, in November of 1999, was at 5.5%, and the economy was able to deliver a 4.8% GDP figure. Three percent on top of 5.5% equals 8.5%. The federal government has a moral obligation to pay the going rate, on funds being held in its trust, by Social Security, making the 6.9% interest rate, mentioned above doable, when it comes to funds held in its trust.
Because, the Baby Boomer tax cut, will be a continuing flow of capital directly to the hands of the consumer, higher interest rates or should I say, the normalization of interest rates, by the Federal Reserve, should not impede the economic expansion or economic growth, based on actual Federal Reserve conduct, as illustrated above.
Paying for the Davis Deficit Neutral Job Creation and Economic Growth Plan.
The 2020 presidential race produced Democratic presidential candidates, who presented tax plans, they thought were balanced, given what wealth distribution is today, in the United States. Any number of those tax plans would pay for the Davis Plan. However, the 10% Consumer Tax Cut, as previously mentioned, will pay for itself through the development of new streams of tax revenues at the local, state, and federal level.
Once, the free-market style tax cut is enacted, consumer spending will be unleashed, becoming the wind beneath the wings of high-quality 3rd Party Programs, or depending on which political party is in power, the payment of deficits, created by President Trump’s tax cuts to billionaires, millionaires and corporations. Nevertheless, Consumer spending, will carry the United States economy to new heights, creating millions of Jobs and economic growth for the foreseeable future. We have a great and wonderful Democracy, and now we have an economic growth plan that will provide that Democracy with long-term growth and job creation. May God Almighty continue to bless America, its troops, and all those who call America home, the land of the free, and the home of the brave. Don’t forget to purchase, “The Fix This Time.”
Jobs and Their Creation 