The Big Money Boyz And Their Tax Cuts

Created
Thu, 07/03/2024 - 04:00
Updated
Thu, 07/03/2024 - 04:00
One of the all time great con jobs As I watched the Super Tuesday returns last night I was struck by exit polls which showed that the economy is the most important issue to many Republican voters and they believe Donald Trump will be better for them financially than President Biden. Considering how successfully Biden has managed a swift recovery from the economic catastrophe he inherited, I find that disturbing but according to the NY Times, a majority of the electorate is suffering from “collective amnesia” and doesn’t remember why they ousted Trump back in 2020. Apparently, they are nostalgic for the golden days of a Trump administration that never existed. I don’t know if that amnesia will be cured by facts and statistics, but even Fox News has to admit that the Biden economy is doing very well. Nonetheless, Trump and all of his various henchmen spend their days insisting that the economy is on the verge of collapse. Last night during his low-energy victory speech he said it once again and as he told Lou Dobbs in an interview in January, he hopes it will crash within the next 12 months so that he won’t be like Herbert Hoover. (Joe Biden correctly pointed out to Evan Osnos in the New Yorker, “He’s already Herbert Hoover. He’s the only President that ever lost jobs in a four-year period—other than Hoover.”) Despite the fact that inflation has stopped rising at the same pace as a couple of years ago, people yearn for…