Don’t forget: The employee bonuses are ONE time as opposed to the tax cuts which are ongoing. Trump supporters are clueless suckers. This is a guy who campaigned upon balancing the budget within a reasonable time frame. Instead, his measures will add over $7 TRILLION to the National debt over the next ten years (IF the economy performs according to Trump’s “nothing will go wrong” rosy economic projections). No projected balance for at least a decade (again, according to rosy projections). And the economy can’t be blamed because Trump inherited a growing economy. But for some reason, the idiot (supported by cheering fools) thinks more stimulus is what’s called for. Look for future inflation, rising interest rates, and potential trouble. It will take a superhuman juggling act by Powell and company to engineer a soft landing.
At some point, somebody will have to pay for all this. The poor suckers cheering the one time bonuses don’t realize that these will be quickly eaten up in increased consumer borrowing costs and that their kids’ future taxes will have to cover everything, eventually.