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appalachiablue

(41,118 posts)
Wed Oct 3, 2018, 10:45 PM Oct 2018

"Poverty Is Over!" So Why Are Republicans Quiet About Their Economic Feat?



GOP VP nominee Mike Pence, House majority leader Kevin McCarthy, Speaker Paul Ryan & Steve Scalise, House majority whip share a laugh when a reporter that Ryan called on, began to ask Pence a question about his criticism of Trump during a joint news conference on September 13, 2016.

"Poverty Is Over! So Why Are Republicans So Quiet About Their Chief Economic Accomplishment?" By Jim Hightower, Common Dreams, Oct. 3, 2018.

Listen ... Can you hear it? Listen to the eerie "sound of silence" from the Trumpeteers and congressional Republicans who so loudly cheered themselves just a year ago for bestowing a trillion-dollar tax giveaway on corporate elites.

They told us they did it not for the rich, but to help middle-class and poor families. How would enriching the already rich benefit the rest of us? "Trickle-down Economics 101," said Trump & Company, explaining that giving more money to elites would spark "an immediate jump in wage growth" because CEOs would use their bonanza to reward workers for their productivity. The White House even got specific, declaring that average pay would jump as much as $9,000 per person.

But here we are in the thick of the 2018 congressional elections, and — shhhhh — silence. Not a single lawmaker who voted for this grand ideological promise is mentioning it, much less running ads touting their role in hammering the plan into law. Why so shy?

Because their trickle-down giveaway to the superrich was a crude hoax from the start. CEOs spent the trillion-dollar boondoggle the GOP doled out to them on raising their own exorbitant pay. Once again, moneyed elites got the gold mine, working families got the shaft.

As Bloomberg News reports, far from enjoying their promised $9,000 income boost, the workaday majority of Americans now find that their hourly earnings are lower than they were a year ago.

But who cares? Being a Trumpeteer Republican means never admitting your lies and never apologizing...

More, https://www.commondreams.org/views/2018/10/03/poverty-over-so-why-are-republicans-so-quiet-about-their-chief-economic
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"Poverty Is Over!" So Why Are Republicans Quiet About Their Economic Feat? (Original Post) appalachiablue Oct 2018 OP
I am so glad to see that these guys are so happy. Where's my $9,000 by the way? NT SWBTATTReg Oct 2018 #1
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