Thursday, November 02, 2017

Two perplexing items dominating the news--- tax law changes and election interference

---The news related to Russian interference in the U.S. election continues non-stop.  The discovery of apparent use of Facebook, Twitter, and other social networks to influence the election under veiled pseudonyms is ongoing.  The continued unearthing of Trump employees and advocates interaction with Russian operatives continues to unfold.  There is so much news that it is boring the American public into semi-consciousness and leaving politicians confused as to how to handle it.

The big question is whether it influenced the Presidential election results.  While all intelligence agencies agree that Russia meddled, it seems to be the unanimous opinion that there was ultimately no impact on the outcome.  This appears to be like Gore's acceptance of the 2000 election results, graciously taking one for the country.  With the close races in Wisconsin, Michigan, and several other key states, it is unclear how the statement that there was not influence on the election outcome with any certainty is possible.  It is not.  It is simply a concession that all agree must be necessary for the country and the sanctity of future elections.  Is it really?

---The announcement of the tax law changes proposed by the Republican congress and Trump may be happening as this is being written.  The expectation here is that it will be a minimally coordinated set of changes with tax cuts being the most tangible and tax reforms being much less so.  While being proposed as "a great, the best tax overhaul, you're gonna love it" of historic consequence by the vocabulary challenged President, the reality may be different.  The political decisions rather than economic ones may be clear to those who are willing to see it, and to others they could be obfuscated endlessly.  More to come...


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