As an example, Jean-Claude Juncker (see picture), the president of the European Commission, promised to exclude Norbert Hofer, the leader of Austria’s Freedom Party (FPÖ), from all EU decision-making if elected ahead of yesterday’s presidential vote.
“There will be no debate or dialogue with the far-right,” the liberal bureaucrat told AFP.
Of course, this is exactly where the New American Progressives are going, in this country. Those at the very top of the movement, Hillary, Bernie, Schumer, Barack Hussein Obama, Eric Holder, George Soros, Bill Gates, the leadership of CAIR, people like Al Sharpton and Louis Farrakhan and more, are working to criminalize free political speech and the sharing of information such as the revelations regarding the global warming fraud.
Trump is getting his economic advice from three supply-siders: Arthur Laffer, Larry Kudlow and Stephen Moore. All they want is cut taxes, especially on big corporations and the wealthy. They promise growth and trickle-down prosperity. But as we’ve all painfully learned, supply-side economics is a hoax -- for 4 reasons:
ReplyDelete1. Supply-side tax cuts create huge budget deficits. The U.S. debate as percentage of GDP jumped to 50 percent by the time Ronald Reagan left office, from 31 percent at the start of 1981. (Now it’s more than 105 percent.)
2. They worsen inequality. The rich are now taking home a bigger percentage of U.S. income and wealth than at any time in the last century. Cutting their taxes now is absurd.
3. They don’t even spur growth. We had faster average annual economic growth in the three decades after World War II, before Reagan’s supply-side tax cuts, than we’ve had since.
4. Nothing trickles down. Since Reagan, the median wage has barely risen, adjusted for inflation. Since George W. Bush’s supply-side tax cuts, median family income has actually declined.
If these guys are Trump’s economic team, we’re in even greater danger from Trump than I’ve feared.
1. Both Reagan and Bush 43 took in more taxable income than was lost because of the business tax reductions. The problem was this: too many politicians unwilling to stop spending beyond our national income.
ReplyDelete2. There is no alternative to "trickle down' other than welfare redistribution handouts. Obama and Elizabeth "Sitting full of Bull" Warren talk about building an equitable economy "from the middle out." You don't have a clue as to what that means or how it produces "up-mobility" apart from continuing education, hard work, and personal responsibility.
We have eight years of Obama and poverty has increased, hourly wages hasve remaind stagnate, and the work week has shrunk food stamp population has nearly doubled, the workforce has lost 9 million workers and GDP has averaged 1.3%. Eight years of Obama and what do we have? Nothing. Go peddle your nonsense somewhere else.