Democrats aren’t much better October 13, 2018
Posted by hslu in Congress, 美國, Economics, Election, Politics, Retirement, Trump, US Government.Tags: Democrats, Republicans, tax cut, Top 1%, Welfare
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Most Americans are screwed no matter which party is in power.
Republican’s tax cuts are extremely good for the top 1%. The other 99% won’t get much. The U.S. is saddled with a bigger deficit and a accelerating national debt it has no way of paying it off.
Democrats like to tax and spend. Higher taxes reduce Americans’ take home pay. It’s bad. Bigger government spending increases deficit and national debt. It’s insane.
Yes, I agree that without doing something on the entitlements, America is screwed. Reducing welfare benefits, seniors and poor Americans are doomed. Letting welfare benefits grow like they have been in the past, the middle class will see a bigger portion of their income goes to others who can’t support themselves. The top 1% won’t feel a thing.
Either way you look, America is doomed.
No matter which party is in charge, poor Americans will be poorer.
The middle class will continue to pay.
But, the top 1% are untouchable. They’ve been laughing to the banks. They will keep donating to the Democrats and Republicans and claim tax deductions to lower their income taxes. Life is peachy for them thanks to the Democrats and Republicans.
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