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Author:

Jam ok

Subject:

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Date:

11/15/17 at 1:48 PM CST

 

 

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Reply to:

MSG`#4549,`11/15/17
By Jester Debunker

 

Re: Gary Cohn and Cap Ex

Jester,

There's so much ground covered in that article, but of course it ends up being a disaster because of all the false assumptions. Trickle down becomes the underlying economic policy of every Republican economic legislation, and the no-show of CEO hands just re-affirms that. While some Republicans are really cynical about trickle-down (I'm sure McConnell knows the bare-knuckled truth that the tax plan is meant to take away the subsidies that help all people get healthcare, and give that money to the rich),  what surprises me is that a number of the Republicans I've seen interviewed really *do* seem to believe the voodoo economics involved, despite the CBO's projection that the tax plan/repeal individual mandate would result in 13 million more without health insurance, and a premium rise of up to 10%. 

The Republicans really do have a hard job - dressing this pig up so that it doesn't look like what it obviously is - a transfer of wealth from the poor to the rich - isn't at all easy.

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