Plenty of Democrats are talking excitedly of a blue wave this November, but if they keep letting the daffy old socialist from Vermont be the unofficial face of their party, they’ll fall pretty flat. Excerpt:
With the economy roaring as it hasn’t in decades, the stock market at all-time highs, and unemployment (including for blacks and Hispanics) at all-time lows, the Democrats have just proposed to “fix things” by raising taxes.
This proposal, which includes raising the highest bracket and the corporate rate (after years of trying to get it down), plus raising the rates for “30 million companies which are organized as sole proprietorships, partnerships, Subchapter-S corporations, and LLCs” not to mention bringing back the alternative minimum tax (a boondoggle for preparers), will end up costing the vast majority of Americans most, if not all, of the money they just got from the Republicans’ tax reform bill.
Call it “Away with all crumbs!”
Only someone as terminally frozen in 1968 as Bernie Sanders, who has emerged as the spokesperson for the proposal, could think of this as anything less than economic suicide. It’s not for nothing ol’ Bern’ took his honeymoon in the former Soviet Union only a year before the wall came down, speaking of deep financial insight.
Do you want more Trump? Because this is how you get more Trump.
Nancy Pelosi – who I increasingly suspect is suffering the first stages of some kind of dementia – dismissed the green wave of bonuses and pay raises due to the recent tax bill as “crumbs.” I promise you, millions of working Americans don’t consider these raises “crumbs” and will be pretty pissed off at a clueless political party proposing to yank those raises away.
For a long time, the GOP carried the (deserved) title of “The Stupid Party.” For a long time, there was no party like the Republicans for snatching defeat from the jaws of victory.
It seems that the Democrats have finally taken a page from that same stupid book. We’re seeing falling unemployment, increasing labor participation, increasing wages, and over 3% GDP growth (which we never saw during the Obama years, even once.) But sure, Dems, go ahead and propose taking all that away. See how that electoral strategy works out for you. Meanwhile, President Trump is planning his second inaugural gala.