Longtime progressive Robert Reich, graduate of Dartmonth, Oxford & Yale offers up a bit of curious class-warfare argumentation in his latest screed against Prez Trump tax cuts.
To be fair, he's referencing corporate accommodations that are easy to condemn.
The reality . . .
In the meantime, the age-old debate over the Laffer curve and trickle down economics persists . . .
Consider . . . Senator Josh Hawley, Stanford class of ’02 and Yale Law ’06, who calls the recent student demonstrations signs of “moral rot”.
It’s all a thinly veiled cover for their efforts to help the wealthy make even bigger bags while keeping everyone else – especially average workers – down.
At this moment, Republicans are promising the moneyed class that in return for financial backing in the upcoming election, they’ll get an extension of Trump’s 2017 tax cuts – which disproportionately boosted the wealth of big corporations and the rich – plus additional tax cuts and regulatory rollbacks.
This could expand the national debt by roughly $1tn over the next decade, rendering it impossible for the government to invest in things average Americans desperately need – such as childcare, eldercare, affordable housing, and, yes, affordable higher education.
Read more via www.TonysKansasCity.com link . . .
America's problem is massive inequality - not 'woke' educated elites | Robert Reich
Fake populists like Elise Stefanik (Harvard '06) and Josh Hawley (Yale '06) attack higher ed to protect corporations and the rich
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