Warning: Political rant incoming. Feel free to skip if you like, though I hope you won’t — especially if you think you might disagree. Different perspectives are fun.
Nearly two months into the great Trump experiment in governmental self-destruction, I hope it’s becoming clear that the populist veneer of the Donald was just that — a veneer. A thin layer of formica made to look like marble, slapped onto plywood, rather like the furnishings in his casinos.
The GOP replacement for the Affordable Care Act will result anywhere from 6 million to 10 million people losing health insurance coverage, according to the Standard & Poor’s rating agency (hardly a bastion of liberal socialism), while providing $600 billion in tax breaks to the richest 0.1% of Americans — roughly $200,000 per rich person. Let’s put it another way — that extra $600 billion is enough money to provide $50,000 in basic income for 12 million families of four for a year.
Now, I’m not so much a socialist liberal elitist or whatever to suggest that we do that. But I’m not so blind as to think that even a fraction those immensely rich folks are going to take their $200,000 and increase investment into industries and businesses that will help employ more Americans, as per the thoroughly discredited trickle-down economics the GOP seeks to cling to. No, chances are, that $200,000 will be rolled over into the market, or maybe go toward a really nice first-class vacation somewhere — just like the rest of us do with our tax refunds.
This is not populist. This is not any sort of salve to the middle class. This is a naked giveaway to the most wealthiest people on the planet. And it is shameful.