The Long Game of Republican Economics

Here is a brief modern history of Republican attitudes toward the deficit. For eight years under an Obama presidency, Republicans foretold of a debt apocalypse and urged lawmakers to slash deficits by trillions of dollars . Under Trump, both GOP-controlled houses passed a corporate tax bill that economists predict will grow deficits by at least $1 trillion in the next decade. Then, within hours after the tax bill passing the Senate, Republicans stepped up efforts to cut welfare spending on low-income Americans because, in the words of Sen. Orrin Hatch, "we don't have any money anymore." This......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/2ktogyt
via IFTTT