It appears that basically nobody believes that the tax cut is having a crowding out effect. Which will only make the shock that much greater. Had they cut taxes early in the cycle when rates were at 0% it would have "worked", now it's only effect is to drive borrowing costs higher and liquidity lower.
Here is a typical fucktard of the ilk that is ubiquitous today:
"Even relatively large budget deficits are dwarfed by huge levels of global saving"
It's time to bury dumbfuckistan. Deep.
The true economic strength in this cycle peaked in 2014 with oil. This was an echo rally fabricated by global Central Banks.