Today’s Brew 4-17-18

Remember when tax cuts were common sense? #TaxDay

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Today’s Brew 11-2-17

From Speaker Ryan’s Instagram account…a great t-shirt:

Keep Calm and Cut Taxes


Mark Skousen has a good look at the economy on his website:

2nd Quarter Gross Output Shows Surprise Slowdown in Economy

Skousen adds, β€œGross Output and GDP are complementary aspects of the economy, but GO does a better job of measuring total economic activity and the business cycle, and demonstrates that business spending is more significant than consumer spending,” he says. β€œBy using GO data, we see that consumer spending is actually only about a third of economic activity, not two-thirds that is often reported by the media. As the chart above demonstrates, business spending is in fact almost twice the size of consumer spending in the US economy.”