Before every bust there is a boom.

California, Illinois,and other states are still lurching towards bankruptcy, even while they pass more minimum wage laws and spend money like drunken sailors on a three-day leave. The tax cuts are helping the economy, but that will be abated by new tariffs. We're $20 trillion in debt, the student loan bust has yet to hit, and rising interest rates will put more than a few industries - especially all those "green energy" companies - into bankruptcy.

Tax cuts are great, but you have to cut spending too. And you can't do that unless you cut defense spending and entitlements, which neither Trump nor anyone else in Washington is willing to do.

The bust is looming. And when it comes, it won't be pretty.

Onward and upward,
airforce