Thursday, November 2, 2017

The Cut Cut Cut Act and Republican Stupidity

Big business, corporate executives, and fund managers all want their "share of the pie!" And what is that pie? Tax money coming to the US government from all of us.

Large entities are claiming, along with their Republican brethren, that somehow, some way, some where -- "trickle down economics" will work and help all of us. How that will happen -- since it has not happened the last two times it was used -- remains a mystery shrouded only in the typical greed expressed by big business. Hedge fund managers are licking their chops over a corporate tax cut of 40% or more. And then, of course, they will "plow back all that extra cash into new jobs, new industries, and general prosperity for all." Except, they won't.

The "laws of Wall Street" and the capitalist fervor that underpins them say that companies will serve themselves first. There will be pay raises -- for the upper echelon of executives, whom we know have been suffering mightily, during and after the various "bubbles" and the near catastrophe of 2008.

So, once again the rich are going to get richer -- and the poor and the rest of us (somewhere in the middle) are going to be "trickled down upon" once again. Don't let it pass Republican senators, Democrats, and all fair-minded government bureaucrats -- if there are any of you left!

Resist, continue to resist!

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