February 11, 2018
The Republicans just passed a tax bill estimated to put the country further in debt to the tune of $1.5 trillion over the next ten years. This is on top of the $20 trillion that we now owe, one third of which is to foreigners.
The bulk of the tax cuts will go to corporations and the owners of corporations, not to the middle class or poor, who would spend it and stimulate the economy.
President Regan, President George W. Bush, and now President Trump all signed tax bills that benefitted rich people, put the country further in debt and didn't really benefit others.
Now we are being told that entitlements - Social Security and Medicare - are the problem and must be fixed before the country goes broke.
Are they kidding, or what?