America: Four possible futures

Scenario Four Despite the increasing static from CNN, The New York Times, and other anti-Trump entities, Donald Trump soldiers doggedly on. He finally manages to get Congress to repeal Obamacare and manages to push through a tax bill that cuts the corporate tax rate to 15%, offers a one-tine repatriation-of-capital incentive of 10% for companies hoarding cash offshore, and lowers the top marginal rate to 36%. Growth picks up markedly, hitting 3.5% in the fourth quarter. America becomes the world’s largest exporter of energy and Trump’s attack on counterproductive regulation spurs a renaissance in business start-ups. A downside is that compliance offices in many companies shrivel in size or are abandoned altogether as companies no longer have to spend huge resources complying with an ever-proliferating phalanx of paralyzing rules and regulations. Compliance officers across the country swell the welfare rolls, but are gradually weaned from the public teat by grateful companies who are only too happy to provide private subsidies for their supererogatory former employees. Meanwhile, in North Korea, the pudgy dictator is incinerated by one of his ICBM tests gone awry, the two halves of Korea unite under the hegemony of the South, and millions of North Koreans are treated to their first Big Mac courtesy the U.S. government. A sad human, all-too-human coefficient of these developments is the collapse of Jim Acosta, who stopped shaving and was last seen in a rough part of Washington repeatedly reciting Emma Lazarus’s “The New Colossus.” Donald Trump endeavored to have him cared for by the VA but it turned out that Acosta had never served in the military.

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