Friday, December 8, 2017

The long game of Repugnantan economics

Good article in The Atlantic. Some excerpts:

The tax cuts are only the first step. The decimation of the welfare system is next on the menu. They'll claim that the deficit need to be addressed given their immense tax giveaway to the rich that caused it in the first place. And their justify it with their worn out and false claim that the poor are lazy and refuse to work, so get to work or die. Some excerpts:
"This is the long game of Republican economics, and it is the opposite of a secret. In fact, it is a published document. For years, House Speaker Paul Ryan, with broad party support, has proposed budget blueprints that both cut corporate taxes, thus returning trillions of dollars in post-tax income to business owners and investors, and slashed government spending on health care and anti-poverty programs.
"Perhaps the Republican economic agenda does not appeal to the public because it was never meant to do so. Rather, it is exquisitely designed to mollify a class of corporate-libertarian donors, like the Koch brothers, who are members of a coordinated multidecade effort to make tax cuts on the rich and the destruction of welfare programs their core agenda."

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