House Democrats tore into the Trump administration for quickly tanking one of the "strongest" stock markets ever in a scathing X post on Monday.
The Democratic Congressional Campaign Committee, which works to elect Democrats into the House of Representatives, shared a post about the stock market tumbling since President Donald Trump took office on Jan. 20.
"Republicans inherited one of the strongest stock markets in history and in 1 month they've f--ked it all up," the DCCC stated.
There is a pattern:
• Jimmy Carter added $25 billion to the deficit.
• Ronald Reagan added $74 billion. That seemed bad at the time; just you wait.
• George H.W. Bush added $102 billion.
• Bill Clinton reduced the deficit by $383 billion, leaving the budget in surplus when he left office.
• George W. Bush added $1.54 trillion to the deficit.
• Barack Obama got the deficit down to $585 billion; that is, he reduced it by $825 billion.
• Donald Trump added $2.1 trillion to the deficit.
• Joe Biden reduced the deficit by about $942 billion.
The especially heinous part of this is that the Republican tax plans are always built in a way that gives momentary benefits that fuck you extra hard when they expire, but they only ever expire for us shelbs. The rich get permanent tax breaks, the rest of us get temporary ones. That's why the deficit keeps growing - they keep giving the rich even larger breaks while the rest of us get fucked even further.
No one realizes the long term trend. They just know that the Republicans are in power when their taxes were lower, and the Democrats are in power when they're higher. So when it comes time to vote, they remember that Democrat leadership cost them higher taxes, so therefore it MUST be the Democrats' fault.
No comments:
Post a Comment