Detroit auto show begins amid talk of NAFTA, tax cuts

on top of the tax cuts which arent sustainable and will add another $Trillion to the American debt, auto loans are gathering steam as the next subprime loan scam. auto-loans now tops $1 trillion in the US. everybody is riding the wave until the next crash, and there will be another crash make no mistake. As Trump and his former Republican Bush are good at is that the poo will hit the fan when theyre out of office and itll be another POTUS thatll have to clean up the mess.

on top of the tax cuts which arent sustainable and will add another $Trillion to the American debt

An extra trillion increase in the debt projected over 10 years (which may prove completely wrong when we review in 2027), on top of the 10 trillion actually accumulated over the prior 10 years (already an historical fact).

If the putative extra trillion makes the US debt unsustainable, then what does that say about the 10 times larger increase in debt incurred over the prior 10 years?

Why is the putative tax cut debt to be no good, but the 10 trillion of debt before it fine and dandy?

If people are concerned about large public debts (and I think they should be), it strikes me as essential to consider both expenditure and revenue sides of the ledger.

"This is just one example of the positive impact that the tax cuts and jobs act will have on workers, job creators, employers and our country," Chao said.

It has been surprising to me how much of this sort of thing has suddenly been announced in the wake of the tax cut plan. I wonder if it was all factored into the economic growth models that purport that the tax cut will increase the debt by another trillion dollars over the next 10 years?

The show need to invite Japaneed brand name atomakers.

It would great to see the great city of Detroit boune back.

I do beleive that these tax cuts and renegotiation of NAFTA is a step in the right direction.

Toshiko

I think Auto Shows in Japan need to invite USA brand automakers.

@Ex

I didn't know there is an auo show in Japan to increase sales for American consumers.

There are auto shows inn Vegas Convention zCenters a few times a year.

When? What city? Well, made in USA cars do not produce cars to be even in Japan. Don't you know?

By only inviting auto makers in Mich., the show promoters do not have profits.