That Magical Creation of Vast Sums Diluted the Value of Money That Already Existed...
Headline: Tax cuts have boosted inflation.
What they refuse to admit is that much of this inflation is the result of their tax cuts for wealthy Americans that has put $250 billion per year of stimulus money into our economy each year since 2018.
Headline: Trump’s Tax Cuts Were a Disaster. Naturally, Republicans Want Even More.
In 1980 the federal deficit was soaring and Ronald Reagan campaigned on a singular promise: He planned to cut taxes on everyone, but especially the rich. He insisted that those benefits would quickly trickle down to everyone and supercharge the economy. Throw in some social safety net cuts, Republicans said, and the whole plan would pay for itself.
They were wrong. The rich got lower taxes all right, but the economy flatlined and the deficit skyrocketed.
06/trumps-tax-cuts-were-a-disaster-naturally-republicans-want-even-more/
Headline: Inflation Was the Purpose of Trump’s Tax Cuts for the Wealthy.
Republicans are committed to the oppression of the poor. The Republicans and Trump’s disastrous mismanagement of the government are the reason we have inflation. Back when Trump was campaigning in 2016, one of the main talking points was how his proposals would lead to out-of-control inflation. Now that these concerns have come to fruition, every supposedly intelligent individual in the media seems to have forgotten that we were warned about this.
Headline:
Trump’s Wasteful Tax Cuts Lead To Continued Trillion Dollar Deficits In Expanding Economy.
Less than a week after Treasury Secretary Mnuchin repeated the fanciful claim that the Trump tax cuts of 2017 would pay for themselves, the non-partisan Congressional Budget Office (CBO) proved him wrong...
So apparently Lindsay Graham wants to take our social security, Medicare and medicaid because those are "entitlements" and we need to pay down the debt. How else are we gonna pay for the 2 trillion of debt accrued from the tax cuts to the rich that happened from the 2017 republican tax bill. Fuck it. Who needs to retire anymore. Pick yourself up by your walker or cane and hobble your old ass to all 3 of your jobs to pay for your medication and home and cat food for dinner. America is so fucking great.
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