Subject: Trump Tax Cuts: A Bad Idea With a Bright Future
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Fri, 2 Dec 2016 05:01:24 -0500 (EST)

.footer .iOSLink a {       color: #666666 !important;       text-decoration: none !important;     }      @media only screen and (max-device-width: 480px) {       body {         padding: 10px !important;       }       .one-column p,       .one-column li {         font-size: 19px !important;         line-height: 29px !important;       }     }A daily digest of opinions and analysisForecast: Cloudy With a Chance of Deficit SpendingTax cuts paired with high spending aren’t actually tax cuts — they’re levies imposed on poor saps in the future. That’s too bad, Megan McArdle says, because Donald Trump and congressional Republicans agree on one policy, and somebody’s going to pay for it.OPEC Oil Deal Sells Fake News for Real MoneySure, OPEC and Russia agreed to a “grand bargain” to cut oil production this week, but will they follow through? Leonid Bershidsky says in a way, it doesn’t even matter: Saudi Arabia and Russia have mastered the art of regulating prices with words, and oil traders don’t care as long as they have a story to trade on.Boosting Wages Is Hard to DoDonald Trump says he wants workers to make more money, and Noah Smith says he could make it happen. How? By controlling health-care costs, investing in cities, strengthening labor, and ... well, keeping a lot of policies from the Obama administration.Trump’s Commercial Empire Isn’t Too Big to SellHis global business is too vast, sprawling and complicated to hand off to a third party, some of the president-elect’s supporters claim — but looking at the numbers, Timothy L. O’Brien finds the Trump Organization is little more than a family-owned boutique business.Recounts Aren’t Useless. They’re Scientific!Science relies on replication. Shouldn’t the same apply to vote-counting? Faye Flam argues that this week’s recounts in Wisconsin and Michigan strengthen the electoral system, not undermine it.Ritholtz’s ReadsWe are all populists now (Yardeni)Incredibly difficult interview questions asked by top hedge funds (eFinancial)How baby boomers became the most selfish generation (Business Insider)(Read Barry Ritholtz’s full daily news roundup.)Bloomberg GadflyNestle’s Willy Wonka momentOPEC wants a party. Just not this party.China’s luxury car tax eclipsed by the race for statusBloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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