Saturday, January 21, 2017

Redirecting Lower And Middle Class Funds Into The Hands Of Billionaires And Corporate Citizens



The next four years under President Trump will be very interesting to say the least.  His petty and egomaniac personality traits will be on full display for the world to see, which the media will probably focus on for ratings purposes.  Which is "sad", to use a Trump phrase, because they'll distract people's attention from the likely redistribution of wealth from the lower and middle classes upward to the wealthiest citizens and corporate "persons" on the planet.

I could be wrong about Trump's goals for governing, but everything about the him that I've read in a completely biased fashion inside my feedback loop of investigative journalism, indicate that this should be a massive swindle and a huge payday for those who don't need another big payday.  The wealthiest American citizens will benefit from additional tax cuts beyond the two bestowed upon them early in the George W. Bush years (and extended by President Obama), where Dick Cheney famously said after W questioned why they were doing another round of tax cuts:

“Reagan proved that deficits don’t matter,” Vice President Dick Cheney said when the Bush administration sought a second round of tax cuts in 2003.
Tax cuts and redistribution of wealth, in my opinion, will be on full display for those looking in all the right places.

Trump may even flaunt his redistribution policies, bragging about how much richer he's making the super rich, without mentioning the impact his policies will have on the little people, who will pay the costs for his giveaways and privatization schemes.

And those little people that are being fleeced, like those with pre-existing medical conditions losing their guaranteed issue health insurance (Affordable Care Act) and those whose jobs are being lost to robotics, automation, and globalization (not Mexico and China), will cheer him on, thinking that the benevolent trickling down of money from The Wealth Effect will magically wind up in their wallet.

I believe that many of the people who voted for Trump and believe in his trickle-down rhetoric will eventually come to regret their decision when the consequences reach a personal level, which could be anything from losing health insurance or to coming to the realization that they had been conned by one of the greatest con men and pathological liars living today whose behavior was somehow normalized by the media (for profit).  Or, if Congress and the deficit hawks finally get the opportunity to drastically reduce already meager Social Security benefits to retirees by telling citizens that the country is broke and cannot afford to pay someone $1,100/mo in retirement benefits at a time when the Pentagon cannot account for $6.5 trillion in taxpayer funds that vanished.

At some point, many people may come to the realization that they had been conned by the best in the business.  His policies will have intended and unintended consequences felt by the most vulnerable American citizens.  The spoils will go to the wealthiest Americans, like they have been for the past forty years.  The lower and middle classes will be told that they need to tighten their belts to pay for the benefits going to those at the very top of the food chain.

That's all that I have this morning.  Have a great Saturday and enjoy your SSI before it's privatized!


 





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