We all know the left wing lurch the Democratic Party has taken over
the past for years.
You saw that with the energized progressive cohorts that
flocked to Sen. Bernie Sanders (I-VT) in the 2016 Democratic primaries.
Now, with tax reform done, Democrats are licking their
lips.
They think they can use this as the ICBM to nuke the
Republicans in the midterms, and that could happen, but this is all based on
the bill’s bad poll numbers.
Analysis and even some publications, like The
Washington Post, admit that this bill will cut taxes for 80 percent of
Americans over the next eight years.
It’s a gamble on both sides.
Yet, for Democrats, that also includes explaining why
they voted against middle class tax relief, betted against the American worker,
and want business in general to fail in order to screw Trump.
If this bill becomes more popular, and it’s bound to, and
people start seeing more money in their pockets—the defense of this will be,
well—less than stellar.
You’re already seeing some acknowledgement, like with
Sen. Joe Manchin (D-WV), who admitted in a radio interview that there are
provisions of this tax reform package that will help the people of his state.
Manchin voted against the bill.
The Wall Street Journal editorial board noted that if
Nancy Pelosi had navigated a piece of legislation that saw a deluge in
businesses announcing that hundreds of millions will be devoted to charitable
giving, investment, and bonuses to their workers, she’d be dancing in the
aisles of the House floor in a Santa suit.
Just like the disastrous results yielded from
their minimum
wage hike push,
just look at Seattle,
the Democrats are once again hoping that no one will notice their economic
illiteracy.
Gone are the Obama days where the former president did
offer support and confidence in the American worker. He could have offered
better legislation to that end, but with Trump, the Democrats are hoping that
American families get screwed over, hoping economic misery befalls the nation,
all for the goal of retaking Congress (and possibly removing Trump via
impeachment) and then raise taxes since they think its their money (via WSJ):
The
Democratic strategy heading into 2018 comes down to running against the tax
bill almost entirely on the basis of its poor opinion-poll numbers, which
result from months of negative media spin. Still, there are a couple of things
worth noting about the position the Democrats have staked out.
[…]
Let’s
consider this notion in light of these corporate announcements. Between them,
AT&T and Comcast have 300,000 employees who will benefit from the $1,000
bonuses. Virtually all American workers not employed by the government depend
on the economic health of their employers to support themselves and their families.
On what basis do these bonus and investment announcements deserve cynicism and
vilification?
Consider
as well the economic substance. Among the criticisms of the corporate-rate cut
is that businesses mostly would buy back shares, benefiting only shareholders.
Certainly many will do that. But the announcements by AT&T, Boeing and
Comcast suggest another likely result. In a growing economy with a tight labor
market, scarce workers are increasingly valuable. When Boeing says it
plans to invest $100 million in its workers, the clear message is that Boeing
knows that in a strong and competitive economy, it is going to be in a bidding
war for talent.
That
is part of the argument made by White House chief economist Kevin Hassett and
others. A wide body of research suggests that corporate tax reform that
lets companies retain a greater share of earnings will benefit workers in
higher wages.
How
any of this is bad is a mystery. Democrats are betting that the private
sector will fail to respond to the tax bill’s incentives. Democrats used to
be the party of hope. Now, by their daily admission, they have become
the party of hoping that tax cuts will fail and private investment won’t help
workers.
In the meantime, outside of the Democratic noise machine,
the economy is growing at four percent, the Dow Jones had a 5,000-point surge
this year, the biggest ever in its history, consumer confidence is at a 17-year
high, and unemployment is at a near two-decade low.
The economy is booming.
Even CNN had to
admit that this bill would put some “damn
good money” in the pockets of working class families. Apparently, this is
all bad news.
This is apocalyptic for Democrats.
In some ways it is because Trump is succeeding
economically in way Barack Obama never could. That has to rub them the wrong
way.
________________
The Democratic Party’s Vision of America:
LA-style Economic Devastation and Homelessness
This
is what Christmas Day looked like this year for thousands of homeless people in
dark and dingy Skid Row - the underbelly of Downtown Los Angeles
Welcome to Skid Row 2017: Shocking scale of homelessness in downtown
LA is exposed in footage showing sidewalks lined with dozens of tents in
deprived area where 20,000 people live on the streets
Dash
camera footage captures the brutal reality of life on the street for some
20,000 people in the notorious Skid Row district of LA's central business zone
· The Video shows the brutal reality of Christmas Day in the
underbelly of Downtown LA.
·
Shot on 5th Street, 6th Steet and San Pedro in the Skid
Row district, it captures life in one of the city's most notorious homeless
hotspots.
·
Rubbish bags litter the streets and tents have been
erected to shelter residents - including women and children.
·
Rising cost of living in California is also forcing
middle class residents to live in their cars in affluent areas.
In Skid Row - one of the notorious homeless hotspots in
the area - nine toilets are shared by some 2,000 people, according to a June
report titled 'No Place to Go'.
A lucky few will find food and somewhere warm to sleep at shelters and rescue missions.
But many are left to navigate the industrial sprawl and smoke alone.
A
homeless man stands forlornly by the roadside in the Skid Row district of Los
Angeles with his possessions stuffed into a trolley and shabby white bin bag