Another example of “Don’t do a cost-benefit analysis. Just look at the benefits. They’re nice, aren’t they?” Yes, they are. But, assuming the tax bill caused all this (it didn’t), that’s under $2B of benefits, most one-offs. US borrowing $150B more every year to make it happen. https://twitter.com/justindsykes/status/943613449036292097 …
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Ok, then we're not borrowing the $150B to pay for those $2B benefits. We're borrowing to pay for existing programs.*Those programs* need to have a cost-benefit analysis
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One result of this bill is the US will borrow $150B a year. That’s a cost. Another is reducing the corporate tax rate, which should help competitiveness. That’s a benefit. Things not in the bill aren’t part of the cost-benefit analysis of the bill.
End of conversation
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