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Wed Aug 14, 2019, 09:51 PM

Opinion:Trump has turned the government against the middle class

Opinion: Trump has turned the government against the middle class

By Sam Berger at Market Watch

https://www.marketwatch.com/story/trump-has-turned-the-government-against-the-middle-class-2019-08-14

"SNIP......


Early in his presidency, Trump quietly abandoned a rule guaranteeing overtime pay to millions of people making up to around $50,000 a year, which would have boosted working- and middle-class wages. In its place, he’s proposed a watered-down rule, which would result in a cut to workers’ pay of $1.2 billion every year.

That’s not all. Trump has abandoned a rule that prevented savers and retirees from being cheated by unscrupulous financial advisors.

Every year, people lose $17 billion in retirement savings because of financial advisers with conflicts of interest. And to add insult to injury, Trump is looking to weaken standards for fuel efficiency and climate pollution, which would cost American families $23.8 billion every year, largely because of higher gas spending.

Trump has given away hundreds of billions of dollars to the wealthy and corporations, helping conservative donors, members of Congress, and himself. Meanwhile, he’s raised costs on American families through a mixture of cutting their wages, driving up their spending, and draining their retirement savings.


......SNIP"

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Reply Opinion:Trump has turned the government against the middle class (Original post)
applegrove Aug 14 OP
sharedvalues Aug 14 #1
dflprincess Aug 14 #3
sharedvalues Aug 14 #4
UTUSN Aug 14 #2
love_katz Aug 15 #5

Response to applegrove (Original post)

Wed Aug 14, 2019, 09:53 PM

1. Republicans have turned the govt against the middle class

See: Newt Gingrich
See: George W Bush tax cuts for billionaires


Trump is merely a tool of the Republican donor class.

The problem is the rightwing billionaires that control the GOP.

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Response to sharedvalues (Reply #1)

Wed Aug 14, 2019, 09:58 PM

3. It started with Reagan

and "trickle down".

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Response to dflprincess (Reply #3)

Wed Aug 14, 2019, 10:00 PM

4. Yup. Cato/Koch institute founded in 1970s.

Rupert Murdoch bought the NY Post in 1973.

Those were the beginnings. The roots.

And the racial electoral strategy started in 1964 wit he passage of the Civil Rights Act.

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Response to applegrove (Original post)

Wed Aug 14, 2019, 09:53 PM

2. K&R

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Response to applegrove (Original post)

Thu Aug 15, 2019, 12:34 AM

5. Kick and rec.

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