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MYTH: GOP is better for the Economy
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It is in the Republican's playbook. Lower taxes on the rich and corporations. Dramatically decrease the revenue coming into the treasury...but numbers look ok for the first year or so before crashing 2 years after the tax cuts because as usual, their trickle-down economic plan failed to trickle down. Republicans lose the election and a new Democratic president sets about to repair what the Republicans broke but Congressional Republicans demand massive cuts to the social safety net since there is no way we can raise the taxes back up. This time they've gone even further and cut the IRS's budget so they can't even enforce the tax code.

What gets lost in the pandemic is that in the 4th QTR 2019, the US was beginning to show signs of heading into a recession. Trump was saved from having to address that because of what happened in 2020
 

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RE: MYTH: GOP is better for the Economy - pally - 05-20-2023, 11:37 AM

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