Our challenge is to ensure that financial institutions bear the direct fiscal costs of any future failures or crises -- and maybe somewhat more, given all the other costs that bank failure can impose on the economy.
The more you consume, the more you pay. Canceling the corporate income tax reduces the cost to all consumers. The 5% VAT is a winner for the poor, the middle-class, and the rich, and it is absolutely necessary in the trade war.
After trillions of dollars of stimulation, the private sector is only creating 41,000 jobs a month. Something else is wrong. And what's wrong with the economy is that Corporate America off-shores its jobs as fast as it can.