timelets: (Default)
[personal profile] timelets
Short-term looks like this:

X -> 1 ("in the long run we are all dead")

Long-term:

X -> 2
===========

As a side note, we can see that attempts to present the current tax reform as a tax cut limit the discussion to short-term. The authors of the strategy intentionally obfuscate long-term consequences because they don't have good answers about long-term risks.

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