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John1959 Profile
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Welcome back to the Roaring ’20s.


As the article says, "Donald Trump capitalized on movement conservative rhetoric in the 2016 election by turning the party’s racist and sexist dog whistles into bullhorns, but it was his promises to protect the New Deal state by expanding health care, bringing back jobs, “draining the swamp” and reforming taxes that put him over the top.

But his promises were a con. With majority control in Congress, Republicans are scrambling to deliver a final death blow to the New Deal. The Tax Cuts and Jobs Acts slashes taxes on the very wealthy and kills regulations with the idea that rich businessmen will invest their money into the economy to support workers — the same idea that Republicans embraced in the 1920s. "


Today's Republicans seem to have the same goals as in the 1920's and seek to do away with programs like Social Security.

Whether they do this to please wealthy benefactors or because it fits their ideology makes little difference.


The Republican Tax Bill Is a Poison Pill That Kills the New Deal
Today’s Republicans would have fit right into Herbert Hoover’s administration.
[sign in to see URL]


I’m a Depression historian. The GOP tax bill is straight out of 1929.
Republicans are again sprinting toward an economic cliff.
[url][sign in to see URL]

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“I do not believe in the general promiscuous toting of guns. I think it should be sharply restricted and only under licenses.” - NRA president Karl T. Frederick, 1938
12/9/2017, 3:28 pm Link to this post PM John1959 Blog
 
gopqed Profile
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Re: Welcome back to the Roaring ’20s.


Who is proposing to do away with Social Security?
12/9/2017, 4:55 pm Link to this post PM gopqed Blog
 
John1959 Profile
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Re: Welcome back to the Roaring ’20s.


First, Republicans want tax cuts. Next, they’ll try gutting Medicare and Social Security.
They’ve played this game before.

By Bruce Bartlett November 16
Bruce Bartlett was a domestic policy adviser to President Ronald Reagan. He is the author of “The Truth Matters: A Citizen’s Guide to Separating Facts from Lies and Stopping Fake News in Its Tracks.”

...for decades, conservative intellectuals have pushed for big tax cuts; less to grow the economy and more because they want to “starve the beast.” They want to force a major overall spending cut that would be a political non-starter without first passing a tax cut that creates a deficit so large, something must be done about it. Spending cuts must be enacted, then, as they would be presented as the only way to pay for the already passed tax cut’s lost revenue.

Americans for Tax Reform, for instance, led by starve-the-beast enforcer Grover Norquist, is quite open about its goals. The organization’s infamous tax pledge attempts to ensure that budget deficits can never be reduced with higher taxes, only spending cuts. Other fiscal responsibility groups are passive allies. They care about deficits but tend to be far more concerned about slashing entitlement programs such as Social Security and Medicare than they are about opposing tax cuts. In practice, they ally with starve-the-beast advocates.
...

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“I do not believe in the general promiscuous toting of guns. I think it should be sharply restricted and only under licenses.” - NRA president Karl T. Frederick, 1938
12/9/2017, 5:12 pm Link to this post PM John1959 Blog
 
gopqed Profile
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Re: Welcome back to the Roaring ’20s.


That's someone trying to make a name for himself claiming that people have a nefarious plan. Who has proposed doing away with Social Security?
12/9/2017, 5:33 pm Link to this post PM gopqed Blog
 
birdcharm Profile
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Re: Welcome back to the Roaring ’20s.


quote:

gopqed wrote:

That's someone trying to make a name for himself claiming that people have a nefarious plan. Who has proposed doing away with Social Security?



"In a videotaped interview with two Politico reporters Wednesday, Sen. Marco Rubio (R-Fla.) said the quiet parts out loud. Asked by interviewers Anna Palmer and Jake Sherman how to address the federal deficit, he replied: “We have to do two things. We have to generate economic growth which generates revenue, while reducing spending. That will mean instituting structural changes to Social Security and Medicare for the future.”

]L.A. Times Article
12/9/2017, 6:10 pm Link to this post PM birdcharm Blog
 
Yobbo Profile
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Re: Welcome back to the Roaring ’20s.


It has been shown many times that far from improving the economy, lowering taxes causes a downturn.
12/9/2017, 7:24 pm Link to this post PM Yobbo
 
GoHawk Profile
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Re: Welcome back to the Roaring ’20s.


Birdy, instituting structural change does not mean doing away with either Social Securty or Medicare.

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12/9/2017, 10:56 pm Link to this post PM GoHawk Blog
 
birdcharm Profile
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Yes, I know that. Yet, it doesn't appear as though Mr. Rubio thinks that, or some others who would love to tap into those funds.
12/10/2017, 12:21 am Link to this post PM birdcharm Blog
 
gopqed Profile
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Now you're just making things up, birdcharm. Just like John.
12/10/2017, 12:46 am Link to this post PM gopqed Blog
 
katie5445 Profile
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Re: Welcome back to the Roaring ’20s.


I'm poor at economics but I know structural change is major, I know conservative calls SS a ponzi scheme and I know many have called for privatization.
12/10/2017, 2:00 am Link to this post PM katie5445 Blog
 


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