To the 54% of Americans that own stocks, a trillion here, a trillion there

[pbmus]

Link to tweet

https://news.gallup.com/poll/211052/stock-ownership-down-among-older-higher-income.aspx

[pansypoo53219]

1. when do they ever pay for tax cuts. WEEEEEEEEEE!

[Joe941]

2. When they gut social security.

[KY_EnviroGuy]

3. They will not and that's their game.

If I'm recalling the way it works long-term, we slowly pay for these budget deficits through inflation. I hope someone with a far better head for economics than I will chime in, but I think this action represents printing more money into the money pool which in turn dilutes the value of current assets, which is the money we have to spend for groceries and bills. Inflation is the reason gasoline is now ten times the cost of when I was a teenager.

Republicans love to inflict economic pain on the working public in order to reduce taxation on businesses and the wealthy. They learned in order to do that, they would need to inflict the pain very slowly so that our short attention span public wouldn't notice. For every one of their massive tax cut bills (Reagan, Bush II and Trump that I recall), we've suffered massive budget deficits as a result and we're still paying for those cuts every day.

These moves fit well into their master plan to slowly demolish our government ('til it can be drowned in a bathtub), totally deregulate everything and privatize every government function that's possible. Cycling between Republican and Democratic administrations became an accepted part of their plan. Otherwise, if Republicans stayed in continuously, the public might go into a mass revolt over program cuts.

This article from 2009 explains it far better than I ever could (I'm just an old retired tech guy):

Link: https://www.commondreams.org/views/2009/01/26/two-santa-clauses-or-how-republican-party-has-conned-america-thirty-years

KY.......