If nothing else, Democrats are persistent.  The U.S. economy is obviously responding to the tax cuts and dramatically reduced regulation brought on by the Trump administration and the Republican Congress.  But Democrats believe that there is room to trivialize our growing prosperity.  There are three attempts: 1. There are still layoffs. 2. Some companies used the tax benefits to buy back stock. 3. It's trickle-down economics. 1. In an appearance as a panelist on Special Report, Mo Elleithee pointed out that there have been 40,000 people laid off since the passage of the tax cut.  The implication is that the economy can't be that strong if companies feel the need to cut employment.  There is an easy answer at the macro level.  Even with these layoffs, the number of jobs is increasing, driving unemployment down and labor participation up.  That answer can appear both glib and non...(Read Full Post)