Trump set to propose budget that will cut benefits for poor, low income to fund tax cut for the rich

[yoddle]

https://www.washingtonpost.com/busi...breaking-news&pushid=5921fb7f8a38f24c00000006

 

[FIVR]

This must be enacted post haste. The voters are dying for it.


Bring on the wins, I'm not tired yet.

 

[sandorski]

Fake news!

 

[JSt0rm]

Good.

 

[postmortemIA]

Well the solution for poor to get their tax cuts is to get --- rich. Duh!

 

[Jhhnn]

From the article-

Michael Tanner, a welfare expert at the libertarian Cato Institute, said the U.S. government spends between $680 billion and $800 billion a year on anti-poverty programs, and considering wholesale changes to many of these initiatives is worthwhile, given questions about the effectiveness of how the money is spent.

‘We’re not seeing the type of gains we should be seeing for all that spending, and that would suggest its time to reform the system,” he said.

"Questions about the effectiveness" is just the mealy mouthed bullshit one would expect, obviously. I doubt those receiving assistance question its effectiveness. As the article points out, that's tens of millions of Americans as opposed to the few billionaires who pay him to talk that kind of shit.

Since it doesn't do any good, according to that story, well, we'll just let those billionaires keep the money instead, right?

Of course.

 

[Balt]

Good. Tired of all the poor folk hoarding their money and not putting it back into the American economy.



(sarcasm, btw. it's sad I feel the need to add that disclaimer)

 

[dank69]

I think this is great and exactly what America wanted.

 

[1prophet]

Why not cut welfare, we are constantly being told how great the economy is doing, jobs everywhere, incomes up, right?

 

[jman19]

More winning.

 

[Jhhnn]

Why not cut welfare, we are constantly being told how great the economy is doing, jobs everywhere, incomes up, right?

Because social spending recirculates money back into the economy that billionaire hoarding doesn't. Unless you believe that trickle down actually works in which case you may be interested in Arizona oceanfront.

 

[theeedude]

The poor need to learn that their benefits are not an inalienable right, they only come from electing Democrats.

 

[trenchfoot]

Too bad that those Trump loyalists who are going to be negatively affected by Trump's re-directs of wealth to himself and his fellow billionaires have that nasty habit of willfully letting this kind of stuff zing right over their heads because emails and Benghazi Bullshit and oh yeah, jobs-jobs-jobs. lol

 

[jman19]

Too bad that those Trump loyalists who are going to be negatively affected by Trump's re-directs of wealth to himself and his fellow billionaires have that nasty habit of willfully letting this kind of stuff zing right over their heads because emails and Benghazi Bullshit oh yeah and jobs-jobs-jobs. lol

Bingo. They will continue to vote against their own interests because of "reasons."

 

[theeedude]

Just remember next time you look out of the plane window, there are a lot of people screwed by their own votes down below.

 

[conehead433]

Why not cut welfare, we are constantly being told how great the economy is doing, jobs everywhere, incomes up, right?

The government has always been about welfare for the rich. Look at the tax breaks corporations like GE and others get for basically nothing. The amount of tax dollars going to the piss poor is a drop in the bucket compared to what the wealthiest get.

 

[conehead433]

Sort of off topic from this thread but anyone notice all the people on the plane with Trump to Saudi Arabia, Israel, and then Italy. They should probably head towards Moscow afterwards and just stay there. Keep the plane, we'll take it as as loss if you commie lovers would stay out of the USA forever.

 

[DarthKyrie]

The government has always been about welfare for the rich. Look at the tax breaks corporations like GE and others get for basically nothing. The amount of tax dollars going to the piss poor is a drop in the bucket compared to what the wealthiest get.

It's even worse that those tax subsidies go back to when Edison was still alive and in charge of GE.

 

[Roflmouth]

https://www.washingtonpost.com/busi...breaking-news&pushid=5921fb7f8a38f24c00000006

Tax cuts aren't "funded," illiterate, that money just stays with its rightful owners, the taxpayers.

 

[Roflmouth]

Because social spending recirculates money back into the economy that billionaire hoarding doesn't.

No it doesn't. Consumers spending the money they earn does. Better luck next time.

 

[khon]

Tax cuts aren't "funded," illiterate, that money just stays with its rightful owners, the taxpayers.

Funding tax cuts means cutting spending to adjust for the reduction in revenue.

No it doesn't. Consumers spending the money they earn does. Better luck next time.

The problem with that is that higher income individuals don't spend all the money they make, a lot of it goes into savings (or off-shore tax havens). For the individuals that makes good fiscal sense, but for the overall economy it means that demand goes down, which leads to slower economic growth.

 

[Meghan54]

No it doesn't. Consumers spending the money they earn does. Better luck next time.

Actually, it does. But you don't understand squat about the U.S. economy so your response, lame as it is, is understandable. Wrong, but understandable.

 

[ch33zw1z]

Actually, it does. But you don't understand squat about the U.S. economy so your response, lame as it is, is understandable. Wrong, but understandable.

Even as a middle class person, if they cut my taxes I won't be buying more things, I'm banking it for later. Stuff is just stuff, having the money when you need it matters. Handing something down to your kids matters. Paying for their college matters.

At this point I'm saving everything possible. What makes that difficult is the increased costs of living, and the stagnant wages that are rampant across our corporate world. Yet you see ceo's getting enormous bonuses and pay raises, while they cry financial hardship as a reason to not recognize those who put in those long hours in the trenches cleaning up messes made by poor choices up top.

 

[thraashman]

Literally never once in history has cutting taxes for the rich benefited the economy or created more jobs. Chaffetz said he doesn't think Trump can be corrupt because he's already rich, indicated he doesn't believe the rich feel they need more money. So even high ranking republican congressman don't actually believe the rich need more money or will do anything with it, they literally just want to watch as many poor suffer as possible. I'm 100% positive that Paul Ryan can only maintain an erection by imagining poor people dying for lack or access to healtchare or a social safety net.

 

[K1052]

This is what happens when you let Mulvaney write a budget with Trump entirely uninterested in what it contains, assuming he could understand it in the first place.