Tax giveaways and corporate welfare for the few richest elites who already had the most failed. The deficit, which Bill Clinton reduced from then-record levels to his last four straight years of budget surpluses before Dubya Bush exploded them to new records that Obama CUT BY TWO THIRDS before Trump now explodes them to new all-time records (because of the tax giveaways and corporate welfare for the rich), so of course the TrumpubliCON elitists have their usual solutions:
Pay for the tax giveaways and corporate welfare by cutting Social Security, Medicare and Medicaid.
Just as the Democrats predicted while the TrumpubliCON CON artists promised the tax cuts would pay for themselves (they didn’t; never have; trickle-down is a scam).
last fall: Treasury Secretary Mnuchin says “Not only will this tax plan pay for itself but it will pay down debt,” boosting revenue/cutting deficits through growth, reduced corporate tax avoidance this fall: Treasury reports 2018 deficit up 17%, corporate tax payments down 31%.
Wow, who would ever have imagined that the GOP response to this news would be…… (Bloomberg) — "Senate Majority Leader Mitch McConnell says the U.S. budget deficit is “disturbing” and spending on entitlement programs must be addressed by both Republicans and Democrats".
@DD Wiz…You have to understand…..trickle-down works like this: the rich person gets to drink an expensive bottle of wine on the poor man’s dollar and for his share he has to stand real close to the urinal….it will trickle-down.
Add it to Carter’s IOU, Reagan’s IOU, Bush Senior’s IOU, Bush Junior’s IOU, Obama’s IOU,, only one President left office with a surplus and that was Clinton.
A banker, a tea-partier, and a union member are sitting at a table with a plate of a dozen cookies. The banker takes 11 cookies, then turns to the tea-partier and says “You should watch out for that other guy; I think he wants more than half of your cookie.”
Realizing the importance of basic economic skills the political parties raised the bar for representatives well beyond the minimal Constitutional requirements of age and citizen … in a dream, I had long ago while social studies were still part of the curriculum.
DD Wiz Premium Member over 5 years ago
Tax giveaways and corporate welfare for the few richest elites who already had the most failed. The deficit, which Bill Clinton reduced from then-record levels to his last four straight years of budget surpluses before Dubya Bush exploded them to new records that Obama CUT BY TWO THIRDS before Trump now explodes them to new all-time records (because of the tax giveaways and corporate welfare for the rich), so of course the TrumpubliCON elitists have their usual solutions:
Pay for the tax giveaways and corporate welfare by cutting Social Security, Medicare and Medicaid.
Just as the Democrats predicted while the TrumpubliCON CON artists promised the tax cuts would pay for themselves (they didn’t; never have; trickle-down is a scam).
kballweg Premium Member over 5 years ago
last fall: Treasury Secretary Mnuchin says “Not only will this tax plan pay for itself but it will pay down debt,” boosting revenue/cutting deficits through growth, reduced corporate tax avoidance this fall: Treasury reports 2018 deficit up 17%, corporate tax payments down 31%.
Wow, who would ever have imagined that the GOP response to this news would be…… (Bloomberg) — "Senate Majority Leader Mitch McConnell says the U.S. budget deficit is “disturbing” and spending on entitlement programs must be addressed by both Republicans and Democrats".
Coopersdad over 5 years ago
@DD Wiz…You have to understand…..trickle-down works like this: the rich person gets to drink an expensive bottle of wine on the poor man’s dollar and for his share he has to stand real close to the urinal….it will trickle-down.
Daeder over 5 years ago
The image is misleading, he’s not actually wearing clothes.
lopaka over 5 years ago
Got to find some silver lining somewhere………. Ah, the one percenter’s can now afford to have the shocks on their Mercedes polished. yayyyy.
mr_sherman Premium Member over 5 years ago
If you like that, read this.
http://www.msn.com/en-us/news/politics/mitch-mcconnell-calls-to-cut-social-security-medicare/ar-BBOtGyE?ocid=ientp2
Masterskrain Premium Member over 5 years ago
stealth694 over 5 years ago
Add it to Carter’s IOU, Reagan’s IOU, Bush Senior’s IOU, Bush Junior’s IOU, Obama’s IOU,, only one President left office with a surplus and that was Clinton.
Radish the wordsmith over 5 years ago
Republicans have doubled the deficit in two years and are going to cut Medicare and Social Security to pay for their tax breaks for rich people.
Vote the heartless thieving Republicans out of office.
Richard S Russell Premium Member over 5 years ago
A banker, a tea-partier, and a union member are sitting at a table with a plate of a dozen cookies. The banker takes 11 cookies, then turns to the tea-partier and says “You should watch out for that other guy; I think he wants more than half of your cookie.”
Radish the wordsmith over 5 years ago
Trump’s DC Hotel Tagged With $5 Million in Unpaid Worker Liens
https://www.bloomberg.com/news/articles/2017-01-05/trump-s-dc-hotel-tagged-with-5-million-in-unpaid-worker-liens
Radish the wordsmith over 5 years ago
Mueller said ready to deliver key findings in his Trump probe, but not before midterms
https://www.sfgate.com/news/article/Mueller-said-ready-to-deliver-key-findings-in-his-13313678.php
William Bednar Premium Member over 5 years ago
Yep. Trump pocketed any money left over. Now do you see how fraud and corruption come in handy?
Ontman over 5 years ago
He’s not done looting yet.
superposition over 5 years ago
Realizing the importance of basic economic skills the political parties raised the bar for representatives well beyond the minimal Constitutional requirements of age and citizen … in a dream, I had long ago while social studies were still part of the curriculum.