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- cross-posted to:
- [email protected]
To be clear: this isn’t the “we stopped paying promised grant money” but is literally the federal government yanking money out of an NYC bank account.
To be clear: this isn’t the “we stopped paying promised grant money” but is literally the federal government yanking money out of an NYC bank account.
Trump ran budget deficits every year he was president, added trillions to the national debt with a tax giveaway to the wealthiest humans in the history of our planet, and before he was president a second time was trying to make Republicans shut down the government if the debt ceiling wasn’t eliminated entirely. Don’t hold your breath waiting for those tax cuts to trickle down, or for any cuts to ‘defense’ which is nearly half of all discretionary spending. The GOP plan is to further increase defense spending by an additional $100 billion, and $1.5 trillion in spending cuts which is not even half of their proposed $4.5 trillion tax cut. They only care about spending cuts when they can dogwhistle and lie to their base about $50 billion going to USAID just for condoms, despite their entire budget for aid to prevent foreign instability amounting to like, 3% of discretionary spending, because they have a very low estimation of their voters’ math abilities.
The Democrats pretty much never reverse Republican tax cuts, because they actually like these tax cuts. They know trickle down economics works even though they can’t say it out loud.
So you agree tax cuts for the rich are bad, or do you actually believe the wealth inequality and political bribery this enables is a net good? It’s clear the trickle-down bullshit doesn’t work as evidenced by stagnant wage growth.
I would recommend supporting progressive candidates instead of simping for the people who enacted the laws which have destroyed our middle class. Pointing out corporate Democrats exist and vote with Republicans to protect their shared donors is valid, as long as you can recognize that Republicans cry about the deficit whenever they are not in power, and when in power spend like drunken sailors, increase military spending, and continue to use the deficit they grew as a cudgel to dismantle only the parts of the administrative state they disagree with. I’m not that stupid, and I doubt you are either.
I like the tax cuts
I too like having a service provide be intentionally under funded, allowing essential services to be running super lean so that they can’t function effectively. It’s very efficient
Their efficiencies are so bad and they wasted so much money on stupid spendings. They are actually way over funded right now.
According to who?
According to the American majority.
Source?
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If trickle down economics works explain this
Explain what? I see the current poverty rate is very similar to the 1980 level.
Exactly, nothing has trickled down.
It did trickled down significantly.
Poverty rate is relative. If poverty rate doesn’t increase and GDP grow more than normal, then in absolute terms it is better for lower and middle class. That is exactly what happened. See the chart below.
US GDP as a % of G7 GDP
Whoops wrong again
Hard to read this chart. The poverty rate trend and US GDP as a % of G7 GDP is very clear.
Yes, it is very clear that trickle down economy doesn’t and never worked.