Worst Piece of Legislation In Modern History

[DonViejo]

December 16, 2017 at 8:32 am EST By Taegan Goddard

Fareed Zakaria: “If the Republican tax plan passes Congress, it will mark a watershed for the United States. The medium- and long-term effects of the plan will be a massive drop in public investment, which will come on the heels of decades of declining spending (as a percentage of gross domestic product) on infrastructure, scientific research, skills training and core government agencies. The United States can’t coast on past investments forever, and with this legislation, we are ushering in a bleak future.”

“There are genuine problems beyond underfunding. The costs of building American infrastructure are astronomical. But during the Depression, World War II and much of the Cold War, a sense of crisis and competition focused America’s attention and created a bipartisan urgency to get things done. Ironically, at a time when competition is far more fierce, when other countries have surpassed the United States in many of these areas, America has fallen into extreme partisanship and embraced a know-nothing libertarianism that is starving the country of the essential investments it needs for growth. Those who vote for this tax bill — possibly the worst piece of major legislation in a generation — will live in infamy, as the country slowly breaks down.”

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https://politicalwire.com/2017/12/16/worst-piece-legislation-modern-history/

[underpants]

1. Governing withOut a Plan

So for 32 years (since the last major tax overhaul) with all their think tanks and university economic departments (G. Mason, Chicago, etc) they never even had a draft of an overall plan. It's like they threw together ideas on post it notes to write their term paper and now they are moving the notes around to see what fits with what. All these years and all their mouthwords and they had to scramble something together.

This is worse than the 7 years of Obamacare whining with no actual plan ready to go.

32 years.