Mallory McMorrow Member of the Michigan Senate exposed how Donald Trump’s big, terrible bill is the largest transfer of wealth from the lower class to the wealthiest 1%.
Isn't this true of pretty much all bills? Obamacare paid subsidies directly to insurance providers and mandated people be their customer. How is that not a wealth transfer to insurance companies?
Every bill, whether it has an R or D attached to it is just lobbied people statuting a wealth transfer to themselves. That's what 80% of legislation is in a republic.
I'm surprised a factual post like this got 2 downvotes. Seems like 2 users don't like revealing the truth about the ways rich assholes are destroying the middle class.
Isn't this true of pretty much all bills?
No - the 'big beautiful bill' is one of several since the Reagan Admin that pushed the lie of 'trickle-down economics' while directing $millions to the wealthiest 10%, but as we know the money is hoarded and used to create monopolies, rather than to help Americans. 900 Billionaires in the US can afford to pay their fair share of taxes, but don't pay much of anything. Many bills are for other matters.
Obamacare paid subsidies directly to insurance providers and mandated people be their customer. How is that not a wealth transfer to insurance companies?
It did much more than that, and gave everyone an option to get insurance (part of the Affordable Care Act). This helped people who could not otherwise afford or get insurance. Now, because of cuts to the ACA, millions will die or continue with chronic illnesses because they cannot afford insurance.
Every bill, whether it has an R or D attached to it is just lobbied people statuting a wealth transfer to themselves. That's what 80% of legislation is in a republic.
I've never seen that statistic, and I think there is much more legislation than that (https://www.congress.gov/). There are helpful charts online that show over-spending, massive debts, and massive tax breaks for the wealthy during Republican-led governments, contrasted with job growth, infrastructure improvements, balanced budgets, and the paying down of the debt during Democrat-let governments.
What a fragile comment. Information is everywhere, and at Reddit it's merely linked from elsewhere. So what?
If you like the fact that the wealthiest 10% will continue to hoard the profits of the 90% and continue to destroy the middle class, then say so. If you think the rich assholes will help society or communities, say so. (They don't.) If you think 116 million daily active users (& bots) at Reddit all have low IQs, you've not seen a decent bot's IQ level. If you think the 'rest of the world' laughs at the #4 ranked social media website (by traffic), you seem not to appreciate that this would be an incredibly tiny portion of the 'rest of the world' because a significant portion of the world obviously uses Reddit.
For what it's worth, I looked for that video on Youtube before posting it, but could not find the original Youtube version. The sub is not /r/politics, but /r/politicsinthewild, which often shares more informative videos, as does /r/Palestine and focused subs like that.
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Isn't this true of pretty much all bills? Obamacare paid subsidies directly to insurance providers and mandated people be their customer. How is that not a wealth transfer to insurance companies?
Every bill, whether it has an R or D attached to it is just lobbied people statuting a wealth transfer to themselves. That's what 80% of legislation is in a republic.
I'm surprised a factual post like this got 2 downvotes. Seems like 2 users don't like revealing the truth about the ways rich assholes are destroying the middle class.
No - the 'big beautiful bill' is one of several since the Reagan Admin that pushed the lie of 'trickle-down economics' while directing $millions to the wealthiest 10%, but as we know the money is hoarded and used to create monopolies, rather than to help Americans. 900 Billionaires in the US can afford to pay their fair share of taxes, but don't pay much of anything. Many bills are for other matters.
It did much more than that, and gave everyone an option to get insurance (part of the Affordable Care Act). This helped people who could not otherwise afford or get insurance. Now, because of cuts to the ACA, millions will die or continue with chronic illnesses because they cannot afford insurance.
I've never seen that statistic, and I think there is much more legislation than that (https://www.congress.gov/). There are helpful charts online that show over-spending, massive debts, and massive tax breaks for the wealthy during Republican-led governments, contrasted with job growth, infrastructure improvements, balanced budgets, and the paying down of the debt during Democrat-let governments.
Reddit politics?
LOL.
The only people that take reddit politics seriously are the low IQ redditors.
The rest of the world points and laughs at them.
https://img.gvid.tv/i/3YogDsrZ.jpg
What a fragile comment. Information is everywhere, and at Reddit it's merely linked from elsewhere. So what?
If you like the fact that the wealthiest 10% will continue to hoard the profits of the 90% and continue to destroy the middle class, then say so. If you think the rich assholes will help society or communities, say so. (They don't.) If you think 116 million daily active users (& bots) at Reddit all have low IQs, you've not seen a decent bot's IQ level. If you think the 'rest of the world' laughs at the #4 ranked social media website (by traffic), you seem not to appreciate that this would be an incredibly tiny portion of the 'rest of the world' because a significant portion of the world obviously uses Reddit.
For what it's worth, I looked for that video on Youtube before posting it, but could not find the original Youtube version. The sub is not /r/politics, but /r/politicsinthewild, which often shares more informative videos, as does /r/Palestine and focused subs like that.