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It's All Politics
wow Repubs really want to give a tax cut to the rich again while complaining $1,400 for maericans is too costly
submitted 3 years ago by [deleted] from self.politics
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[–]Drewski 5 insightful - 3 fun5 insightful - 2 fun6 insightful - 2 fun6 insightful - 3 fun - 3 years ago (1 child)
Tax cuts are a much better strategy for economic growth than money printing. Let me keep more of the money I earn, rather than devaluing our money through inflation. If I'm not mistaken total COVID spending added something like $50k to the national debt per American, has anyone seen benefits anywhere near that? We're all paying the cost through increased cost of food, housing and other necessities though.
Not defending Trump's economic policies though, he was a protectionist and increased the national debt in his one term about as much as Obama did in two.
[–]MatthewofHouseGray 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 3 years ago (0 children)
If that's the case than why is out infrastructure falling apart and outdated, our electrical grid is inefficient and in capable of handling todays demand, our science programs are shit and so is our education sector as well? You would think that 30 years of Regan decreasing tax revenue which is on top of all the tax breaks the super rich receive from the Republicans would be now "trickle down" back into the economy. It's almost as if these super rich people are hording their money as opposed to spending it.
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[–]Drewski 5 insightful - 3 fun5 insightful - 2 fun6 insightful - 2 fun6 insightful - 3 fun - (1 child)
[–]MatthewofHouseGray 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)