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45's/Republican's Budget(s)


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#1 sierraleone

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Posted 24 May 2017 - 02:09 PM

We don't have a thread on the Federal Budget, and that story, if not gaining steam now, should be so in the nearish future.

It has been touched on in various threads as bits and pieces of proposals have come forward.
The winners in the proposed Trump budget, as I understand it? Defence, Border Wall, traditional infrastructure. (I say traditional, as in meaning roads and ports and stuff, but there is significant stuff that I'd call infrastructure that they it seems do not).

It basically guts most every conceivable program for the health and welfare of American people, from health-care, to education, to various anti-poverty efforts, to environmental protections, and has been described as draconian.

Basically, if one didn't already know it, compassionate conservatism appears dead. At least compassion for poor people, but compassion for rich people is alive and well. Compassionate conservatism has been forgotten in the coma ward and is on life support as its distant relations nonchalantly talk over, not whether, but when to pull the plug….

POTUS's budget directory, Mick Mulvaney, has basically said that we need to have compassion for the people who pay taxes, that this is a "taxpayers first" budget. And it would be more compassionate to get recipients off government programs off of them… how? By cutting the programs out from under them while they are still needed?

I wonder if the deep cuts Trump is proposed will be used to soften the blow when somewhat smaller cuts are proposed by the Republicans….
Rules for surviving an Autocracy:

Rule#1: Believe the Autocrat.
Rule#2: Do not be taken in by small signs of normality.
Rule#3: Institutions will not save you.
Rule#4: Be outraged.
Rule#5: Don't make compromises.
Rule#6: Remember the future.
- Masha Gessen
Source: http://www2.nybooks....r-survival.html

#2 sierraleone

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Posted 04 July 2017 - 05:57 AM

I read this article on WaPo on the threat that Trump/Republicans pose to Legal Aid.

In his Skinny Budget Trump had proposed eliminating funding for this completely. Republicans apparently are thinking about cutting it 25%, rom $385 million to $300 million.

Someone might say, well, don't have legal problems, and, what, think legal problems only results from criminal activity?

Quote

Profoundly physically disabled, Ledgerwood participates in these activities only through the help of two government-funded programs that are now on the chopping block: Medicaid and legal aid.
​….
At 2, Ledgerwood was diagnosed with cerebral palsy, which left him unable to walk, stand, bathe himself, eat or use the bathroom without assistance.
….
In Ledgerwood’s case, the state has consistently determined that he qualifies for 56 hours of [home] care, the maximum.
At least, it did until last year.

That’s when the Arkansas Department of Human Services abruptly cut Ledgerwood’s weekly hours nearly in half, despite the fact that his medical needs had not changed.
​….
This cut would devastate the family’s precarious finances. His mother contemplated returning to work and sending Ledgerwood to a nursing home.

“That would destroy my life,” he says in no uncertain terms. Fiscally minded voter that he is, he adds that institutionalization would also cost the state multiple times more money than family-provided home care.
Alongside six other plaintiffs with disabilities, Ledgerwood sued the state — and won. The case is currently on appeal.
….
In the past year, 7 in 10 low-income families experienced at least one civil legal problem, according to a recent University of Chicago NORC survey done for the Legal Services Corporation. Such problems include foreclosures, domestic violence (getting a restraining order, for example), custody disputes, debt repayment or neglectful landlords. The elderly, rural residents and veterans — all core components of the Republican base — are especially well-represented in this population.
​….
For now, Ledgerwood still supports Trump (“He reminds me a lot of Ronald Reagan”) and remains confident that his president and his party will have his back.

But, he says, “If I lose my lawyer and my services, I may feel a little differently.”

So, not only is Trump/Republicans planning on further marginalizing disadvantaged populations, but trying to make it more difficult (in fact, probably impossible for many) to pursue a remedy via the legal system….. Not to mention, if you have a life issues that you would or should pursue remedy through the legal system, well suck it up and figure out how to resolve it out of court. And if the other party doesn't play ball, good luck enforcing your rights on your own.

Edited by sierraleone, 04 July 2017 - 05:59 AM.

Rules for surviving an Autocracy:

Rule#1: Believe the Autocrat.
Rule#2: Do not be taken in by small signs of normality.
Rule#3: Institutions will not save you.
Rule#4: Be outraged.
Rule#5: Don't make compromises.
Rule#6: Remember the future.
- Masha Gessen
Source: http://www2.nybooks....r-survival.html

#3 gsmonks

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Posted 05 July 2017 - 12:17 AM

At the top of the list, when it comes to the US economy, is that most of what drives the US economy is fake, as in doesn't produce anything. Currency trading, the stock market, interest-generated money,  investing in gold, derivatives (side-bets on economic trends), to name just a few of the worst offenders.

Most (some would say all) of the markets are gerrymandered to artificially inflate the value of things: housing, real estate, commodities, even currencies.

Trump's Wall falls into this category of money pit. It doesn't serve any useful purpose, it doesn't produce anything, it's expensive, and compares to little, except, perhaps, unnecessary cosmetic surgery, to which I'd add remember what happened to Joan Rivers, victim of her own vanity.

Even in its most innocuous form, as a symbol, it takes away from society as it bolsters ugly racial stereotypes and bigoted social myths.

Trump's proposed Defense spending is a cringeworthy example of paranoia plus unnecessary spending that will be economically destructive, which will ironically make people less, not more safe.

Infrastructure spending (aka "public works projects) was a big part of Depression-ravaged countries trying to spend their way out of the economic slump, back in the 1930's. Much of the Western World's iconic architecture was built as a reaction to the Depression.

Here is a timely and informative expose on the subject:

https://mises.org/bl...ot-grow-economy

. . . and another . . .

http://www.heritage....ost-the-economy
Capitalism is a pyramid scheme run by the 1%.

#4 sierraleone

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Posted 26 October 2017 - 03:47 PM

Republicans in the House have passed a budget blueprint with a bare majority+1, so that they don't need 60 votes in the Senate to pass it.

http://www.slate.com...rm_process.html

Edited by sierraleone, 26 October 2017 - 03:53 PM.

Rules for surviving an Autocracy:

Rule#1: Believe the Autocrat.
Rule#2: Do not be taken in by small signs of normality.
Rule#3: Institutions will not save you.
Rule#4: Be outraged.
Rule#5: Don't make compromises.
Rule#6: Remember the future.
- Masha Gessen
Source: http://www2.nybooks....r-survival.html

#5 sierraleone

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Posted 03 November 2017 - 03:49 PM

Anyone read about the disgusting Republican tax plans, to take care of the wealthy and corporations? Which would explode the deficit that the GOP couldn't stop whining about for 8 years? And that many changes would benefit Trump and his business interests and his family?

Highlights of the GOP plan to overhaul the tax code?
The Republican tax plan puts rich donors ahead of working families
Rules for surviving an Autocracy:

Rule#1: Believe the Autocrat.
Rule#2: Do not be taken in by small signs of normality.
Rule#3: Institutions will not save you.
Rule#4: Be outraged.
Rule#5: Don't make compromises.
Rule#6: Remember the future.
- Masha Gessen
Source: http://www2.nybooks....r-survival.html

#6 sierraleone

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Posted 01 December 2017 - 02:07 PM

GOP tax bill will probably be voted on and the GOP is confident they have in the senate the 50 votes they need to pull it off. John McCain has said he is supporting the bill… What a maverick…. Does he actually believe regular order was followed sufficiently, or that the bill, which he said is flawed, if good enough? Or is he thinking of the estate he will be leaving his heirs?
Rules for surviving an Autocracy:

Rule#1: Believe the Autocrat.
Rule#2: Do not be taken in by small signs of normality.
Rule#3: Institutions will not save you.
Rule#4: Be outraged.
Rule#5: Don't make compromises.
Rule#6: Remember the future.
- Masha Gessen
Source: http://www2.nybooks....r-survival.html

#7 sierraleone

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Posted 02 December 2017 - 05:54 AM

Early Saturday morning the Republican majority senate passed the wealthy tax break bill (and greatly increasing the deficit) 51 to 49. They did not need Mike Pence, the one lone GOP hold out was Bob Corker (Tenn). There was a flurry of last minute admendments, but considering the core substance of the bill I doubt it made it that much more palatable.

It still has to be reconciled with the house. Or the house could decide to accept it exactly as is, not wanting to risk trying to pass a new version through the senate.

It repeals the individual mandate of the ACA. So if it gets signed by Trump expect premiums to soar at a faster pace in the future, faster than Trump's actions to date so far have caused it, as presently healthy people leave the health insurance market. It is expected to leave about 13 million more uninsured (so those GOP senators that wouldn't outright repeal the ACA have gutted the ACA).

Though they did have to use Mike Pence to insert an amendment to the bill.

https://www.washingt...m=.68754c4425f9
Rules for surviving an Autocracy:

Rule#1: Believe the Autocrat.
Rule#2: Do not be taken in by small signs of normality.
Rule#3: Institutions will not save you.
Rule#4: Be outraged.
Rule#5: Don't make compromises.
Rule#6: Remember the future.
- Masha Gessen
Source: http://www2.nybooks....r-survival.html

#8 Themis

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Posted 03 December 2017 - 10:03 AM

Yay Corker.  If they manage to get a tax bill signed this year, when would it go into effect?
Cats will never be extinct!

#9 sierraleone

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Posted 03 December 2017 - 02:01 PM

^ per the article corporate taxes would be schedule due to go from 35% to 20% effective 2019. I don't know about other changes.
Rules for surviving an Autocracy:

Rule#1: Believe the Autocrat.
Rule#2: Do not be taken in by small signs of normality.
Rule#3: Institutions will not save you.
Rule#4: Be outraged.
Rule#5: Don't make compromises.
Rule#6: Remember the future.
- Masha Gessen
Source: http://www2.nybooks....r-survival.html

#10 sierraleone

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Posted 04 December 2017 - 09:50 PM

Found a WaPo tool Will taxes got up for you income group because of the Republican tax plan

From Nov 2 found a WaPo Analysis on Tax breaks, deductions and credits - Which income groups benefit which can give people an idea of what kind of tax changes can help/harm which groups of people.
Rules for surviving an Autocracy:

Rule#1: Believe the Autocrat.
Rule#2: Do not be taken in by small signs of normality.
Rule#3: Institutions will not save you.
Rule#4: Be outraged.
Rule#5: Don't make compromises.
Rule#6: Remember the future.
- Masha Gessen
Source: http://www2.nybooks....r-survival.html

#11 gsmonks

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Posted 05 December 2017 - 02:19 PM

The Repellicans have passed something. The 1% is no doubt celebrating.
Capitalism is a pyramid scheme run by the 1%.


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