Trump claim: “Obamacare has been repealed in this bill.”
The facts: It hasn’t. The tax plan does end fines for people who don’t carry health insurance, which is a big change, yes, but far from totally dismantling the law. (CBS News)
SEAMUS O’BRADAIGH POSTS KILL FASCISTS
Donald Trump was caught bragging yesterday about his biggest tax cut in world history (it isn’t) and before closing he added that he had hidden from “fake news” a repeal of the individual mandate. “We hid that,” says Trump.
Well that’s a lie. CNN and nearly every other news group in America had been reporting on the hastily forged addendum to the bill. It was never hidden, it was not heralded, because the GOP knew that it would be a stumbling block. They tried to downplay it because the bulk of their supporters, a demographic that includes older white voters, are going to suffer.
This is a damaging blow to many who rely on the Affordable Care Act (ACA) for their health care needs. The inclusion of this ‘well-hidden secret’ is going to penalize their voters by increasing premiums by as much as 10 to 15 percent. That will erase the tax cut they’ve been promised and will cancel health care for many. They won’t be able to afford it. Trump laughed. He laughed about it. Callously and with no remorse.
Trump: “When you add it all up together, and then you add two things — the individual mandate is being repealed. When the individual mandate is being repealed, that means Obamacare is being repealed because they get their money from the individual mandate. “
The facts: This is also wrong. The fines on people who don’t carry health insurance only provide a small fraction of the financing for the program. Most of the money comes from higher taxes on upper-income people, cuts in Medicare payments to service providers, and other tax increases. (CBS News Sources)
It’s imperative to note that Trump, celebrating the only accomplishment in his tenure, took full credit for everything, then went on a lying spree the likes “of which America has never seen before! Believe Me!” While we’re hitting on that particular turn of phrase please note that the prosaic verbiage is the President’s fall back line in every speech he has ever given.
“Many people are saying” that the president’s reliance on three or four phrases speaks to fulminating senility. Or perhaps stupidity? Either way, it’s not comforting to have at the helm of a military industrial complex, a man, that is battling his vibrating neurons every second of every day. Reagan had Nancy as his default mode near the end. Trump has Melania, or Ivanka, or Jared. Not the same.
Democrats are already recording Trump’s brags in search of fodder for the 2018 mid-terms. Certainly constructing self-destructive ads will sustain, for the nonce, the Dems disappointment vis the passage of this ponderous and scrofulous legislation. It’s good to be busy. But it does not erase the sickening, dense and remorseless fact that the GOP has passed a bill that benefits Corporations and the Trump family and lobbyists for same, and legislation that will kill the middle class in America for the next decade.
A rising tide lifts all boats. The metaphor for this Tsunami crumples upon trickle down economic theory, another metaphor for the notion that CEOs of Fortune 500 companies will immediately use gigantic tax cuts to lift wages and engage in vigorous Research and Development, use American workers instead of a dollar an hour labor pool overseas, and will invest funds to support the rise of a middle class.
Poppycock. Bull Shit. Bald-faced Lie. Faulty Theory. GIGO, Garbage In Garbage Out.
It’s never worked and will never work. It is a barren economic paradigm.
The tax cuts will go to shareholders and to bonuses for CEOs and upper management. This is the thus of trickle down.
Thus this America dies. Not upon its sword.
But upon its petard.
Twitching in the wind.