General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRepublicans self congratulatory stage show is on... again.
They got the memo to call it "the Middle Class Tax Cuts", and McConnell says parents will get a 73% tax deduction -- whoopee! -- and companies are giving employees $1000 xmas bonuses... hurray!
They're lying to their cult members, and the gullible, but their scripted performance art doesn't match any analyses. Here's the thing, neither a tax cut or one time bonus is the same as a raise in wages. Without significantly raising wages, workers still can't qualify for a loan to buy a car or a house, or even get higher credit to buy big ticket consumer goods like washers and dryers, TVs and and home improvement work.
Without consumer demand, manufacturing remains stagnant and business can't grow. That's the Big Lie of trickle down economics.
C_U_L8R
(45,002 posts)skylucy
(3,739 posts)Chipper Chat
(9,678 posts)is for people to STOP buying things - right now. Christmas sales would tank. Imagine the pubs explaining how their tax cut FOR MIDDLE CLASS isn't working.
Wont happen of course due to greedy murcans that spend too much at Christmas. But I wish it would happen a I wanna see rotten smelly egg all over Dear Leader's ugly puss.
Grammy23
(5,810 posts)Their Xmas shopping for this year. But we can hope. LOL. Nope, many Americans have gotten used to the sugar high of spending too much money on Christmas and figure out later how to stop gorging every holiday season. They need a wake up call to realize how they have been manipulated into thinking they MUST spend like a drunken sailor. I noticed all the ads for new cars these past few weeks. Doesnt everyone buy a new SUV for Christmss?
No, the true impact of what these monsters have inflicted on the American people wont be apparent for a while. It IS not popular, as it is. Wait until they get a load of what the real cost will be!
AJT
(5,240 posts)The lies won't become evident for quite some time. The economy itself will have to crash before most people will suffer, and that may take years.
procon
(15,805 posts)Republican's passed a tax bill that will widen economic inequality, by lavishing breaks on corporations and the wealthy while taking benefits away from the poor and the middle class. Wealth inequality in the US is reaching its most extreme point since just before the start of the Great Depression in 1929.
Lessons learned? None.