Quote:
Originally Posted by Greedy,Greedy,Greedy
For Dems, the Obama years are our Wiemar. Hopefully we will remember the Trump years as England remembers WWII. And when it is done, people will not want the mud, and we will remember the years of mud with horror.
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The Weimar thing's a bit Freudian, economically speaking.
You're right. People do not want the mud. They want solutions to complex problems which our politicians cannot provide, and which moneyed interests that own our politicians do not want them to attempt to provide.
I've read that tax bill's highlights a dozen times now. I'm still struggling to wrap my head around the pass through stuff, but one thing is absolutely certain. That bill was written to provide a very select group of people (in terms of geography, industry, and income) with tools by which to legally game the code for windfalls. It's not blunt redistribution upward in the traditional sense. It's much more sinister than that. These people have crafted a bill that benefits the affluent who are assumed to be Trump voters, or possible future Trump voters (passive r/e investors, developers, manufacturers, etc.), while excluding the more educated professional classes who were likely Hillary voters (docs, lawyers, accountants).
That guy you knew in high school who inherited his grandfather's and then dad's asphalt plant? He just got a break. The one who studied hard and became an orthopedic surgeon? Not so lucky.
I guess the defense of this is, the goods and manufacturing sectors need a hand, while the service industries do not? As pretexts go, that's weak sauce. Worldwide, the economy is shifting toward services. You can't fight that with the tax code. And Trump's people know that. This leaves one inescapable conclusion: the GOP just raided the Treasury on behalf of its friends, while punishing its enemies. The former's expected. The latter is a new low.