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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBlowing Up the Deficit Is Part of the Plan
Trumps corporate tax cuts will likely generate enormous deficits, even if the administrations rosiest economic forecasts come true, setting Republicans up to claim that the time has come to cut Social Security, Medicare, and welfare to reduce the expected $1 trillion deficit, created by those very tax cuts, over the next 10 years.
Speaker of the House Paul Ryan has already announced that the GOP plans to cut federal health care and anti-poverty programs because of a deficit that his party is about to balloon. Were going to have to get back next year at entitlement reform, he said on a talk-radio show, which is how you tackle the debt and the deficit.
This is exactly how what President Ronald Reagans budget director, David Stockman, called starving the beast works. By creating a fiscal straitjacket through lower taxes, conservatives leave Washington with less money and raise the specter of deficits damaging the economy as a rationale to take away the benefits that millions of Americans depend on. If they are not fiscally conservative right now, they can be when it comes time to talk about spending on the poor and disadvantaged. While the right usually encounters a fierce backlash whenever they try to retrench specific federal benefits, as the GOP recently discovered with their failed attempt to repeal and replace the Affordable Care Act, cutting budgets in the name of deficit reduction has traditionally offered a less toxic mechanism for achieving the same goal.
Yet the unintended consequence of tax cuts of this scale and scope might be to create a political space for Democrats to push for higher taxes in the future. When the government fails to balance the books, it creates the conditions that give Democrats leeway to take the unpopular step of asking Americans to pay more to finance their obligations. Raising taxes has never been easy in American politics, even in the so-called heyday of New Deal and Great Society liberalism, but large deficits have repeatedly bolstered Democratic efforts like almost nothing else, much more than the appeal of political ideology or mass-movement pressure.
https://www.theatlantic.com/politics/archive/2017/12/blowing-up-the-deficit-is-part-of-the-plan/548720/
disalitervisum
(470 posts)eliminate social services, and establish corporatism. Just another step along the way.
flamingdem
(39,333 posts)since there will be few options to make ends meet.
KY_EnviroGuy
(14,498 posts)* Incarceration.
* Bankruptcy.
* Suicide.
* Foreclosure.
* Pollution-related and job-related deaths and illnesses.
And many other thorny GOP gifts to everyday Americans. But, we're sooo winning!
lunatica
(53,410 posts)That's also in the playbook. Give young people very few options other than joining the military or going into the service to the rich business.
The left over population can survive in homeless shantytowns. Feeding off each other in order to survive.
California_Republic
(1,826 posts)Rich 1%ers buying Yosemite to build there house
whathehell
(29,100 posts)This and Trump...I really do NOT want to see anything violent, but if anything in the last forty years has called for a mass response, I'd say this is it.
olegramps
(8,200 posts)whathehell
(29,100 posts)olegramps
(8,200 posts)The tax bill rammed through congress by the Republican majority will accomplish its intended result. The next step will be the slashing of humane programs across the board. These will not be limited to SS, Medicare and Medicaid. The projected 1.5 Trillion dollar deficient will be made up on the back of the poor and working class. For just one example of their affect, the medical experts say that the cuts in the AFC will result in the closer of hundred if not thousands of rural hospitals and the bankruptcy of many large city hospitals. This is only one scenario of what awaits Americans. The rich will become insanely wealthy as the poor and working class starve. Looks like a fertile ground for a revolution, either peacefully or otherwise, if the demands are not met. I am not advocating for a violent revolt, but only saying that it is not out of the question.
Thanks for your input. I welcome all comments.
As an aside, the ridiculous display of fawning adulation of their beloved Fuhrer, Trump, that the Republicans demonstrated in their ceremony upon signing the tax rip off bill, looked identical to those of the Korean dictator Un by his syncopates. It would be hilarious if not for the what it portends. I would not be surprised if the Republicans introduced a bill in congress making it illegal to criticize their master, along with other making his birthday a day of national celebration for the Fuhrer along with assorted bill calling for incarceration for burning the flag or kneeing during the Anthem.
japple
(9,846 posts)prepare their meals, wipe their asses and serve their needs. Will they be able to pay the armies of people needed to support their lifestyles. I hope that the "little people" will rise up long before this happens. At least, I hope they will.
wouldn't it be great if the entire country (those that are the workers, I mean) picked 3 days to stop everything? Literally no work, not buy, not travel, not participate in any way. I figure 3 days will get the 1%'rs attention and cause the profits to take a nosedive, possibly cause the stock market to do the same. We the people should shut down the country and take it back from those richy-rich-bitches-without-a-clue. Yes, it would hurt us in a big way, however, only for 3 days and not for the rest of our lives, like their plan is doing right now.
haele
(12,686 posts)They honestly believe that the world population is around 60% unsupportable - and those 60% are basically disposal farm animals to them. If they can replace the majority of their workforce with robots and not have to deal with "lesser" businesses and artists - who should be providing labor and talents to their betters in life for free, after all - they'd be as happy as they could be in their selfish, narrow private realities.
Haele
erronis
(15,393 posts)Is that the status quo is what the people who have what they want, want to continue.
There are very little incentives for those that have to give them up.
Over history, it has been violence that wrested the "assets" and redistributed them, usually unfairly but better than the current 0.0001. An awful lot of Kings and Emperors and their underlings have ended up on the trash-heap since they didn't have any skills other than edicting their demands.
It won't happen through legislation in this environment. I'm not sure it is solely to blame on the current right-wing crazies since the democrats seem to be settled in rather well with status-quo.
Wounded Bear
(58,755 posts)smirkymonkey
(63,221 posts)They have enough. Why are they so hell-bent on making so many people suffer? I will never understand this mentality as long as I live.
I hate them all with a white-hot passion for what they are doing to us and to this country!
DownriverDem
(6,232 posts)If there is a hell, the repubs will all be rotting there.
jimmil
(629 posts)Not buying every new shiny gimcrackery gun and missile, flying billion dollar airplane to drop bombs on people who still live in the 19th century, every 600 ft "stealth" ship, and screwing the veterans you send out to win unwinnable wars while your kids, Muffy and Buffy, are warm and toasty in one of your houses along the Main Line or Martha's Vineyard.
DownriverDem
(6,232 posts)If the Dems win big next November, they will be able to repeal the tax law. They will need a veto proof majority to do it. This horrible bill goes into affect in less than 2 weeks.
Xolodno
(6,408 posts)...they are going to reverse this. But that's what they want, just so those that survive the purge can say "we lowered taxes while the Democrats raised them" in an election year.
And those that get the boot? Cushy lobby jobs when they get their buddies elected.
TexasBushwhacker
(20,228 posts)that when Social Security and Medicare get cut, it will be up to the children and grandchildren of the elderly to pay for their expenses. This means younger generations have less to save for their own retirements as well as less discretionary income to put back into the economy. She's in her mid 50s and is already helping to support her father along with her 2 brothers. Even so, she thinks most people who get food stamps and other forms of assistance are scammers because she knows of ONE PERSON who sells his benefits for cash.
raging moderate
(4,312 posts)Or they have been told by Faux News to say they do. When I asked my rightwing informant why she didn't turn in this miscreant, she hemmed and hawed. So I said, "Oh, you are afraid to turn her in? Well, give me her name and address; I will turn her in. This hurts everybody." And she hemmed and hawed again. I don't think there was a real person. I think it was made up, by my informant or by somebody she trusted. Maybe there is one cheater, but they keep spreading the news so that they have all heard of him/her.
SergeStorms
(19,204 posts)they should reinstate the 90% top tax rate that was effect during the Eisenhower administration.
JustABozoOnThisBus
(23,375 posts)Republicans seem to get by with simple majorities, Democrats get stymied by 40 Rethugs. (or maybe 41 Rethugs, can't remember)
Gabi Hayes
(28,795 posts)dchill
(38,572 posts)Norbert
(6,041 posts)...They want your fuckin' retirement money, they want it back so they can give it to their criminal friends on Wall Street. And you know something, they'll get it, they'll get it all sooner or later because they own this fuckin' place. It's a big club...and you ain't in it. You and I ain't in the big club.
-George Carlin
Eliot Rosewater
(31,131 posts)"want it back" it flows good with what he is doing but they never had it, that is OUR money.
They want it, steal it. They want to take it out of our hands, our earned benefits we PAID for.
pangaia
(24,324 posts)Just saying.. 'they are giving money to the rich' I don;t think works..
There has to be some fairly simple ! way to tell the morons.. Look their plan is to destroy the economy, the country, democracy and the lives of human beings...
all to benefit a few..
Show what I liar Ryan is, for one thing,.
Ads, billboards, tv, radio, social media... I don;t know what else.. there must be an immediate BLITZKRIEG....
Response to Yo_Mama_Been_Loggin (Original post)
red dog 1 This message was self-deleted by its author.
DemocratSinceBirth
(99,716 posts)The Deplorables want to increase the deficit so they can say we don't have enough money to meet our obligations. In other words water is wet. I am willing to take that argument to the American people.
jazzcat23
(176 posts)It's been a scam for decades now..Dems must raise taxes to pay for what we ALL need, this way we get to be the bad guys, and the repukes get to win more elections...which only means more hell for the people in the country. But the people have been brainwashed for so many years, they just do not get it. Dems had BETTER be more vocal and right now, we need to call them out every day on network TV...or we cannot win the fight of the century...the fight for our lives. I'm ready to leave this country..anything else would be better at this point in time.
red dog 1
(27,884 posts)Donald Trump makes Reagan look like a choir boy.
SergeStorms
(19,204 posts)Raise the top income tax rate to the Eisenhower administration's top rate of 90% until the deficit they added with this giveaway to the rich is paid off. The government giveth, and the government had better damned sure taketh away!
excellent idea! How can we make it happen?
SergeStorms
(19,204 posts)we need a Democratic majority in BOTH Houses of Congress, and of course a Democratic President, and they all have to have the will to do something as drastic as that. It would be a tough sell, but it would be fair, at least until that part of the deficit they created was paid off. Make it a temporary thing, and it would be a little more palatable.
YOHABLO
(7,358 posts)Gee doesn't that make you feel good? They need to scrap the cap altogether and we would not have to worry about ''entitlement" expenditures. Ryan: "Let them eat cake".
SergeStorms
(19,204 posts)Get rid of the S.S. cap altogether. Of course they'd cry and complain that it's just another "tax" on the rich, but so what? The amount they take from everyone else would even out a little. There's not an iota of empathy from the right. None. Tell them to open up that bible they all hide behind, and ask, "WWJD"? He wouldn't hoard riches and continuously screw over the poor and middle class.
rickyhall
(4,889 posts)Trump, Ryan, McConnell: Criminals all
DownriverDem
(6,232 posts)The repubs have been trying since the 1930s to destroy Social Security, the 1960s to destroy Medicare and Medicaid and now ObamaCare. They truly believe you are on your own. It is up to all of us to vote in huge numbers Nov 2018.
jazzcat23
(176 posts)SergeStorms
(19,204 posts)that very few of these people made their riches on their own. Most have inherited the wealth, or had partners in companies that did very well, but there are very few who are a self-made man/woman. Most often the place you end up is a lot like the place you started from.
Willie Pep
(841 posts)I think the Republicans see this as their "now or never" moment to ram through all of the changes they want to make before they lose in 2018 or 2020. The GOP thinks that if they can get enough stuff through now the Democrats will never reverse them because they will either be too timid or not have enough votes.
I keep trying to tell people that Medicare and Social Security are in real danger but they don't believe me.
jazzcat23
(176 posts)and I will continue to harp about it to any republicon. Once it begins to happen, they may get a clue, but I wouldn't count on it. None so blind as those who refuse to see. But never stop trying, please!
Bernardo de La Paz
(49,052 posts)SharonAnn
(13,781 posts)'ENTITLEMENT REFORM'
House Speaker Paul Ryan, who also supported the tax bill, recently went further than Meadows, making clear in a radio interview that welfare or "entitlement reform," as the party often calls it, would be a top Republican priority in 2018.
In Republican parlance, "entitlement" programs mean food stamps, housing assistance, Medicare and Medicaid health insurance for the elderly, poor and disabled, as well as other programs created by Washington to assist the needy.
Generic Brad
(14,276 posts)Then the 1% can buy our assets for pennies on the dollar with the mountains of wealth they are already sitting on.
7962
(11,841 posts)because most people feel like the rich dont need SS anyway.
But cutting what they've already been told they were getting will get a Dem house & Senate as soon as its implemented. IMO