Showing posts with label Trump Budget. Show all posts
Showing posts with label Trump Budget. Show all posts

Tuesday, May 23, 2017

Trump Budget Doubles Down on the Politics of Resentment: "Taxpayer First, " "Compassion for Taxpayer" money going to the poor.

Like our sluggish job growth under Scott Walker, you can thank supply side economic magic for that, tax cuts at the top haven't done squat for job creation. But boy, CEO's love us here.

Trump budget master, "Freedom Caucus" tea party ghoul Mick Mulvaney, titled their brutal attack on their voters,  "A new foundation for American jobs." Funny thing about that, corporate profits have never been higher, yet they've done nothing to invest in job creation. 



Trump's "Politics of Resentment:" Will GOP Base Finally catch on they're being played? 
Budget Sec. Mick Mulvaney calls it the "taxpayer-first" budget. 

Mulvaney says they're now thinking more about the people who are paying the taxes — and trying to justify asking hardworking people to cough up money — rather than focusing on the people who are receiving the benefits.
Trump Redefines "Compassion," a word attacked, joked about, and vilified by Republicans:
The Trump administration wants to redefine what "compassion" means. 

Mulvaney says it should no longer be measured based on how many programs are in effect or how many people are receiving the benefit. He wants "compassion" to be broadened to include whether the government is ripping off taxpayers by using their money for ineffective programs.
Looking again at the wage vs corporate profits above, is it any wonder why more people are being caught in our safety nets? Why spend money rebuilding America or freeing them from their employers health care plans with an "all payer" health care system, when you an just boot them off these programs? 

Trump Budget: "The wealthy don’t have enough and the poor have too much, and they’re going to fix that.”

Trump voters thought that a big talking New York millionaire and BS'er offered them the kind of hope no Democrat could offer...suckers. Your WTF moment f**ked us all!

The politics of resentment is barreling down the tracks with the hopes of boosting the economy, save taxpayer dollars, and finally give the rich that long awaited opportunity to use their tax savings to add costly labor to their payrolls. Makes perfect sense, despite a lack of consumer demand.

What a classic "supply side" moment.

The hard political work of helping identify and grow future industries, provide higher wages, offer free education and job training...eh, it's just another word for big government. The easiest solution is to just throw people off our safety net programs, like low wage part-timers and disabled Americans on Social Security:



Reduce or eliminate trillions of dollars in taxes that are paid primarily by the wealthy, including the estate tax and the marginal rate on ordinary income paid by the richest taxpayers. 

He would lessen spending on Medicaid by $1.4 trillion over a decade, and he would allow states to impose strict limits on other major anti-poverty benefits such as food stamps. repealing President Obama’s health-care reform, which helped cover poor and middle-class households with funds raised in part through greater taxes on the rich.
From the party that gave us the Great Recession and free market voodoo economics, Trump's budget secretary and Tea Party/Freedom Caucus ghoul Mick Mulvaney said:
“If you are a 30-year-old adult, you have never had a job in a healthy American economy. You’ve either been in a recession or sluggish recovery, and you think this is normal and we are here to tell you it is not.”
Oh but it its normal, every time we have a Republican president or House and Senate majority.


Gabriel Zucman, an economist at the University of California at Berkeley, attributed the increase in inequality in part to President Reagan’s reductions in marginal rates paid by the rich. Zucman said that those reductions had failed to yield improving standards of living for Americans of middling incomes. “The U.S. has run a big experiment,” Zucman said. “It has failed in the most spectacular way.”

Zucman described Trump’s plans as an extension of Reagan’s approach. “If we double down on these past policies, inequality could really reach extreme and totally unprecedented levels in the years ahead,” Zucman said.

Monday, March 20, 2017

John Oliver on Trump's America Busting Budget.

The best look at Trump's recently release morally bankrupt budget, what he thinks will make America great again (besides wearing his hat), is nicely delivered by John Oliver.

Funny thing, after I post Oliver's look at health care, right-wing trolls wondered "who the heck is John Oliver?" You mean the former reporter from the Daily Show...?
Tonight with John Oliver. He is the recipient of five Primetime Emmy Awards and two Writers Guild Awards
Eh, so what!

Here's Oliver's take of a CNN video clip of Trump's defense spending along side a long scrolling list of cuts:
Oliver: "You know what, it's sort of fitting the list of budget cuts scroll by like the end credits for America. Thanks for helping us out Agriculture Department, hope you find a gig with the next country that rises from our ashes."