The GOP are elected tools of the elite wealthy class. This is a self dealing tax cut that big business and the rich have been demanding, while waiting for the stars to align: GOP Congress and the President. Throw some crumbs at the unwashed masses but leave the meat for the wealthy. The economy is rolling, big business is making record profits...Trump says so, but let's throw more money at them, and while we're at it , let's give the rich a bigger boost. If you like this, then you must be wealthy and couldn't care less about the rest of us.
If you like this and are not wealthy...congrats, hope you like your royal oligarchs...we've increased the opportunities for the rich to get richer and pass their wealth on to their kids indefinitely...
Just about every one of those politicians who voted for this and are not now among the one percent are looking forward to their big payday, when they leave office and take a cushy job from big business and their Boards. Guess how the average US Congressman will do personally, with the new tax plan? Average salary is $175.000, and gave themselves the biggest personal tax rate cut of 4%.
DMV missed my point about federal deficits: I 'm not saying that it is bad. EVERY PRESIDENT has increased the deficit...some some than others... Obama raised it the most in dollar amounts (but didn't double it as DMV claimed - only a 68% increase) but Reagan raised it by nearly 3 times (more than Obama) by the percentage increase over what he started with.
My point is that the GOP opposed everything Obama tried to do, using the national debt as the boogeyman...but when the GOP runs up the debt...the boogeyman is inconsequential...
Here's a neutral numbers examination of the history of our national debt under our Presidents:
https://www.thebalance.com/us-debt-by-president-by-dollar-and-percent-3306296 Edited by user
8 years ago |
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