How many examples of historical failure of the this economic approach – tax cuts for the rich, tariffs, protectionism, nationalistic focus and ‘exceptionalism’ culture – do you need? Bye Bye Miss American Time.
Yes Lisa, we get it… Wall Street is doing great, the wealthy keeps getting wealthier, CEOs getting ridiculous amounts of money whether their corporations do well or not, etc, etc! All hail the orange King!!! But how come I haven’t seen a raise personally no matter how hard I work or the long hours I put, how come I already know that I will keep working past the age of my retirement just to survive, how come I’ve been working since the age of 16 (I’m 52), I was ‘underpaid’ for many years while working full time, having a 2nd job for over 10 years and going to College at night where I earned an Associate Degree in Business, and still do not qualify to buy my own house? So whenever I see you cartoonists trying to make a point in favor of one party alone, it will not reflect everyone’s realities. It is entertaining, but that’s just it!
China is buying more of their soybeans from Russia. Canada is not happy and Germany has been dissed. Trump is doing a great job, sure. He is making Russia Great Again.
The Democratic Party and President Obama pulled the economy back from the brink. The big car aptly represents the economy, the automobile makers being rescued by Democratic Party efforts during the Great Recession, which was caused by Republican Party policies.
In the illustration above the Republican Party sits at the steering wheel of the economy they did not build. How long will it be before the Democratic Party has to come in and clean up the Republican mess and crash?
The CA primaries are today where LB lives. I recognize the “Yay team!” approach and don’t begrudge it. It does serve as a reminder that while some ‘toons from LB could be thought of as critcal of R’s, or one narcissistic corrupt incompetent tyrant wanna-be in particular, she’s still a partisan.
Isn’t it interesting that the cons that would find ALL SORTS of things to gripe about and discount ANY good jobs reports when Obama was President, like “What about the people that have quit looking for work altogether?”, or “What about the people who have to work multiple low wage jobs to make ends meet?” or some other nonsense, are blindly CHEERING the SAME REPORTS from the SAME SOURCE as being Gospel Truth with NO exceptions because the Dump is “president”??
The strong economy was inherited from Obama. And the truly hypocritical thing is that the RW said Obama had NOTHING to do with the economy. There has been a lot more volatility in the stock market because of Trump’s on-again, off-again tariffs. The jobs gained in the jobs report were mainly in food service, which are low-paying and often temporary/seasonal. Wage gains were minimal despite the claims from the Repubs and Trump that the tax cuts would pass down to the workers. The CEOs did exactly what tthey said they would do – pay down their debt, buy back stock, initiate mergers and automate which DECREASE jobs.
The tax cuts will expand the debt and deficit and several Repubs have already pushed for cuts to Social Security, Medicare and Medicaid to pay for them. States can’t raise taxes for local projects like badly needed infrastructure improvements because people can no longer take the entire amount as a deduction on their federal taxes.
This “strong” economy with great paying jobs is fiction and propaganda. My company is Fortune 500 and benefitted immensely from the tax cuts. However, this year they did what they always do, concentrate the money at the top with virtually nothing going towards bonuses and pay increases to the rank and file. I know other professional people who are experiencing the same thing. Many of us are now out looking for other jobs. However, companies are as picky as ever when it comes to hiring. NOTHING HAS CHANGED SINCE TRUMP!
Yes, a slight increase in paycheck by mortgaging the future has indeed placated many of the greedy and shortsighted.And it weird, I know several conservatives who point to the economy as some great republican success. But they themselves feel like they have been left out of its benefits. So they are happy about the economy politically….but not in their daily lives…I will never understand how the minds of ideologues work.
Speaking of Obama, and praise, I really miss that guy. He knew how to manage a sustainable recovery, yes indeed. One that benefited everyone, not just Wall Street and corporate donors. Slow and steady wins the race.
I guess the prospect of a Federal debt that is out of control, income inequality, a deteriorating environment, rampant racism and misogyny and crumbling infrastructure are beyond Lisa’s comprehension.
I have read enough, listened to enough news reports, and lived through it enough, to understand a lot of the Great Recession’s causes. It certainly is a complex subject, and it seems like the interpretation of the facts is varied.
President Clinton made a big mistake, in my humble opinion, relaxing banking regulations. I thought it was a mistake at the time, and was, sadly, proven right.
That being said, whose administration was in charge for two terms as the recession loomed? The Republican Party of my youth defined itself as the party of fiscal responsibility. Why did they go along with the deregulation? They had years to change it. The mostly likely answer is that their lobbyist friends wanted the banks deregulated.
Here’s another question related to the matter: If Obama was following a Republican plan to rescue the economy, why did the Republicans try to block him at every turn? Shouldn’t they have been crowing about it? Why have they so often denounced the recovery as ‘anemic’ if it was their plan?
One more point: The Bush Administration deserves credit for convincing lawmakers to float loans to GM and Chrysler. That kept those industries going until the Obama Administration and a Democratic Congress could address the situation.
Lisa Benson’s cartoon shows that the Republicans are driving. However, that big car wasn’t built by them.
Daeder almost 6 years ago
The strong economy car (with a ZTE engine, made in China).
And lets not forget those tax cuts for the rich which are going to bring what was a strong economy to a grinding halt.
Odon Premium Member almost 6 years ago
“Tax Cuts” priced on the spoiler, how appropriate that may well prove to be.
Odon Premium Member almost 6 years ago
Nice too to see if the economy does well all else is forgiven.
colinmichaeljames almost 6 years ago
How many examples of historical failure of the this economic approach – tax cuts for the rich, tariffs, protectionism, nationalistic focus and ‘exceptionalism’ culture – do you need? Bye Bye Miss American Time.
imagenesis almost 6 years ago
Yes Lisa, we get it… Wall Street is doing great, the wealthy keeps getting wealthier, CEOs getting ridiculous amounts of money whether their corporations do well or not, etc, etc! All hail the orange King!!! But how come I haven’t seen a raise personally no matter how hard I work or the long hours I put, how come I already know that I will keep working past the age of my retirement just to survive, how come I’ve been working since the age of 16 (I’m 52), I was ‘underpaid’ for many years while working full time, having a 2nd job for over 10 years and going to College at night where I earned an Associate Degree in Business, and still do not qualify to buy my own house? So whenever I see you cartoonists trying to make a point in favor of one party alone, it will not reflect everyone’s realities. It is entertaining, but that’s just it!
NeedaChuckle Premium Member almost 6 years ago
China is buying more of their soybeans from Russia. Canada is not happy and Germany has been dissed. Trump is doing a great job, sure. He is making Russia Great Again.
superposition almost 6 years ago
Will it last until November?
piobaire almost 6 years ago
The Democratic Party and President Obama pulled the economy back from the brink. The big car aptly represents the economy, the automobile makers being rescued by Democratic Party efforts during the Great Recession, which was caused by Republican Party policies.
In the illustration above the Republican Party sits at the steering wheel of the economy they did not build. How long will it be before the Democratic Party has to come in and clean up the Republican mess and crash?
walfishj almost 6 years ago
Mark 8:36“For what shall it profit a man, if he shall gain the whole world, and lose his own soul?”
Glibster Premium Member almost 6 years ago
Ah, the old hare and the tortoise tale. We all know who won in the end.
Vidrinath Premium Member almost 6 years ago
The CA primaries are today where LB lives. I recognize the “Yay team!” approach and don’t begrudge it. It does serve as a reminder that while some ‘toons from LB could be thought of as critcal of R’s, or one narcissistic corrupt incompetent tyrant wanna-be in particular, she’s still a partisan.
Masterskrain Premium Member almost 6 years ago
Isn’t it interesting that the cons that would find ALL SORTS of things to gripe about and discount ANY good jobs reports when Obama was President, like “What about the people that have quit looking for work altogether?”, or “What about the people who have to work multiple low wage jobs to make ends meet?” or some other nonsense, are blindly CHEERING the SAME REPORTS from the SAME SOURCE as being Gospel Truth with NO exceptions because the Dump is “president”??
Nantucket Premium Member almost 6 years ago
The strong economy was inherited from Obama. And the truly hypocritical thing is that the RW said Obama had NOTHING to do with the economy. There has been a lot more volatility in the stock market because of Trump’s on-again, off-again tariffs. The jobs gained in the jobs report were mainly in food service, which are low-paying and often temporary/seasonal. Wage gains were minimal despite the claims from the Repubs and Trump that the tax cuts would pass down to the workers. The CEOs did exactly what tthey said they would do – pay down their debt, buy back stock, initiate mergers and automate which DECREASE jobs.
The tax cuts will expand the debt and deficit and several Repubs have already pushed for cuts to Social Security, Medicare and Medicaid to pay for them. States can’t raise taxes for local projects like badly needed infrastructure improvements because people can no longer take the entire amount as a deduction on their federal taxes.
Striped Cat almost 6 years ago
This “strong” economy with great paying jobs is fiction and propaganda. My company is Fortune 500 and benefitted immensely from the tax cuts. However, this year they did what they always do, concentrate the money at the top with virtually nothing going towards bonuses and pay increases to the rank and file. I know other professional people who are experiencing the same thing. Many of us are now out looking for other jobs. However, companies are as picky as ever when it comes to hiring. NOTHING HAS CHANGED SINCE TRUMP!
StackableContainers almost 6 years ago
Yes, a slight increase in paycheck by mortgaging the future has indeed placated many of the greedy and shortsighted.And it weird, I know several conservatives who point to the economy as some great republican success. But they themselves feel like they have been left out of its benefits. So they are happy about the economy politically….but not in their daily lives…I will never understand how the minds of ideologues work.
NeoconMan almost 6 years ago
I know, let`s all give ourselves another massive tax break. Someone else will pay for it.
Andylit Premium Member almost 6 years ago
Today’s complaints are brought to you by the same people who shouted praise to Obama for the slowest, most anemic “recovery” in US history.
Durak Premium Member almost 6 years ago
Speaking of Obama, and praise, I really miss that guy. He knew how to manage a sustainable recovery, yes indeed. One that benefited everyone, not just Wall Street and corporate donors. Slow and steady wins the race.
Ally2005 almost 6 years ago
Gut environmental regulations and grant big tax cuts to big business and wealthy. Who do you think will pay dearly in the end?
tauyen almost 6 years ago
I guess the prospect of a Federal debt that is out of control, income inequality, a deteriorating environment, rampant racism and misogyny and crumbling infrastructure are beyond Lisa’s comprehension.
Andylit Premium Member almost 6 years ago
Costco raises starting wage to $14.50 per hour ($1 increase). Current employees above this minimum are getting $0.25 to $0.50 per hour raise.
Impacts 130,000 employees. They also offer healthcare benefits to part time employees. Named the 2017 best employer in the US by Forbes.
https://www.forbes.com/sites/niallmccarthy/2017/05/10/costco-named-americas-best-employer-2017-infographic/#1b0dfd156022
ahab almost 6 years ago
Historians will refer to America A.T. when the collapse of its democracy is discussed. After Trump…
piobaire almost 6 years ago
Noah Boddie –
I have read enough, listened to enough news reports, and lived through it enough, to understand a lot of the Great Recession’s causes. It certainly is a complex subject, and it seems like the interpretation of the facts is varied.
President Clinton made a big mistake, in my humble opinion, relaxing banking regulations. I thought it was a mistake at the time, and was, sadly, proven right.
That being said, whose administration was in charge for two terms as the recession loomed? The Republican Party of my youth defined itself as the party of fiscal responsibility. Why did they go along with the deregulation? They had years to change it. The mostly likely answer is that their lobbyist friends wanted the banks deregulated.
Here’s another question related to the matter: If Obama was following a Republican plan to rescue the economy, why did the Republicans try to block him at every turn? Shouldn’t they have been crowing about it? Why have they so often denounced the recovery as ‘anemic’ if it was their plan?
One more point: The Bush Administration deserves credit for convincing lawmakers to float loans to GM and Chrysler. That kept those industries going until the Obama Administration and a Democratic Congress could address the situation.
Lisa Benson’s cartoon shows that the Republicans are driving. However, that big car wasn’t built by them.Jimathai Premium Member almost 6 years ago
Its hilarious that the only accomplishment they have for Trump is actually Obama’s.
NeoconMan almost 6 years ago
^ Yes, Obama built their car.