It's the continuance of "Reaganomics" and trickle down economics. Starve the beast and create a two Santa's approach to entitlements, which is what they were trying [still doing] with healthcare, and now tax cuts. I could never really understand why GW Bush wanted to run up the deficit so proliferously. It's a grand designed attack on entitlements and the middle class going way back. Please read this article By Thom Hartmann, it puts a little history into the thinking and the actions.
How the Republican Party Has Conned America for Over 30 Years Tax cuts initiate bubble economies, not true growth.
The Republican Party has been running a long con on the American people, and Trump’s new tax cut proposals are just the latest iteration on it. This con involves getting Democrats to shoot Santa Claus (Clinton cutting welfare/Obama proposing the chained CPI cut to Social Security) and using tax policy to put a jolly old Saint Nick outfit on the Republicans.As Bruce Bartlett – one of the architects and major salespeople for Reagan’s tax cuts in the ‘80s – wrote in USA Today this week:
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