A BRIEF REMINDER OF WHAT WAS ACCOMPLISHED, AND WHAT THE GOP WANTS YOU TO FORGET. (REMEMBER TRICKLE DOWN ECONOMICS.) UPDATE.

 Tuesday, July 10, 2018

BLAST FROM THE PAST: MESSAGE TO ALL PROGRESSIVES: 2008-2016, A PROGRESSIVE LEGACY HANDED TO DONALD TRUMP WITHOUT A FIGHT.

2008-2016
A PROGRESSIVE LEGACY
Over the last Eight Years we have seen Progressive Democrats support
an Economic Policy that included;

-  An increase in the Federal Minimum Wage of 7.25/ hr.
Which was opposed, and killed, by Congressional Republicans.
( However, on the State Level, there are examples of Minimum Wage
Guidelines that the Republican Party couldn't stop).

-  Expanding the Time Period for receiving Unemployment Benefits, to
   Temporarily Relieve Financial Distress associated with Job loss.

-  Financial Relief for crippling costs incurred through Higher Education.

-  Consumer Laws protecting Americans from predatory practices by
    Dishonest Marketers.

    Of course, this list does not include the AFFORDABLE CARE ACT,
    which resulted in Millions of Americans obtaining Medical Care
    Insurance that would not result in Crippling Debt, or a Dramatic
    Decrease in Their Quality of Life.

The Republicans, besides attempting to stop all of the above, stuck with
the old "TRICKLE DOWN THEORY" OF ECONOMICS. Let's see what
that includes:

TAX BREAK INCENTIVES, WHICH ALLOWS THE RICHEST AMERICANS
TO RETAIN MORE OF THEIR WEALTH, WITH THE HOPE THAT THEY WILL
 PUMP THAT MONEY BACK INTO THE ECONOMY.

TO RECEIVE THIS INCENTIVE, ARE THEY
REQUIRED TO:

-  INVEST IN SPECIFIC INDUSTRIES THAT ARE STRUGGLING?- NO.

-  FINANCIALLY SUPPORT CORPORATIONS WHO PROVIDE A LIVING
   WAGE, OR A MEDICAL PLAN FOR THEIR EMPLOYEES?- NO.

-  ONLY SUPPORT AMERICAN BUSINESSES, INSTEAD OF TAKING THE
    FINANCIAL WINDFALL OVERSEAS?-  NO.

THESE TAX BREAKS ARE BASED ON THE "HOPE" THAT THEY WILL BE USED
TO BENEFIT THE COUNTRY AS A WHOLE.

However, don't worry. If these incentives are used unwisely, and the MONEY DISAPPEARS,
ALL IS NOT LOST. CORPORATIONS FORMED ARE PLACED INTO BANKRUPTCY,
MEANING THE AMERICAN PEOPLE ARE FOOTING THE BILL FOR POOR MONEY
MANAGEMENT.  AS FOR THE WEALTHY INDIVIDUALS WHO RECEIVED THE
TAX BREAK BENEFITS, AND LOST THE MONEY? THEY WILL JUST DECLARE THESE
LOSSES ON THEIR INDIVIDUAL TAX RETURNS, AND BASICALLY GET IT ALL BACK.

iN FACT, GIVEN WHAT WE KNOW ABOUT DONALD TRUMPS BUSINESS FAILURES, HIS ABILITY

TO AVOID PAYING TAXES, BANKRUPT CORPORATIONS., etc WE HAVE TO ASK THE QUESTION:

HOW CAN A PERSON WHO HAS MILLIONS IN ASSETS ACTUALLY GO BROKE? IT SEEMS TO ME,

THAT WITH CHANGES IN FINANCIAL/CORPORATE/INVESTMENT LAWS REGARDING AN INDIVIDUALS

PERSONAL LIABILITY IN BEING HELD FISCALLY RESPONSIBLE FOR BAD OR IMPROPER MONETARY

DECISIONS BEING VIRTUALLY ELIMINATED, HOW CAN THE RICH, BY THE VERY STRUCTURE OF THESE LAWS,

NOT GET RICHER? 

IF AN INDIVIDUAL IS NOT HELD ACCOUTABLE FOR BAD BUSINESS DECISIONS, BY RELYING ON CORRUPT POLITICIANS TO PROTECT THEM THROUGH THE CREATION OR ALTERATION OF SPECIFIC LEGISLATION THAT INHIBITS OR PREVENTS GOVERNMENT FROM COLLECTING OR RECEIVING FUNDS THAT WOULD HAVE BEEN RECEIVED IN THE PAST,WHERE IS THIS SHORTFALL TO BE MADE UP FROM? YOU REMEMBER THE FEDERAL BUDGET, RIGHT?

I GUESS GOVERNMENT WOULD HAVE TO DO THINGS, LIKE CUTTING COSTS. SUCH AS:

- NOT RAISING THE FEDERAL MINIMUM WAGE.

- CUT OUT OR CUT DOWN ON SERVICES FOR THE DISABLED

OR OTHER DISTRESSED INDIVIDUALS.

- LIMITING BUDGETS FOR AGENCIES LIKE THE EPA, FAA, AND OTHER

CONSUMER WATCHDOG GROUPS.

AMONG OTHER THINGS...

...BUT THE VERY RICH ARE ALWAYS LOOKING TO TAKE THAT "FOUND" MONEY AND MAKE SURE

THE AMERICAN TAXPAYER MAKES OUT IN THE END. 

SURE THEY DO... 

You do realize that deficits are caused by more than just what is being spent...

...they are also caused by the reduction of Monies being taken in.

THAT IS, IN ESSENCE, TRICKLE DOWN ECONOMICS...SO HOW'S IT WORKING OUT AMERICA?

THE REPUBLICANS- WHO ARE THEY FIGHTING FOR AGAIN?

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