Culture Wars Era - is it moving into its final phase?

[Galen]

(01-22-2017, 10:25 PM)Warren Dew Wrote:

(01-22-2017, 04:37 AM)Galen Wrote:

(01-22-2017, 02:19 AM)Warren Dew Wrote:

(01-21-2017, 06:54 PM)flbones too Wrote: I don't understand why the GOP consntly puts out tax plans that favor the rich. What's up with that? Are they really that retarded?

They don't.  They put out tax plans that help everyone, and the Democrats reinstate the taxes on everyone but the billionaires.

This happens a surprising amount of the time.  The real problem with the tax cuts is there is no corresponding reduction in spending which is a problem both major parties have.

While there hasn't been a reduction in spending in absolute terms, any increase in spending pretty much stopped in its tracks after the Republicans took control of the House in 2010.  That allowed spending to decline as a percentage of GDP from 25% to 22% in the six years since.  Granted that's still way too high.

There is a correlation between spending restraint and Republican control of the House.  There isn't any visible correlation with control of the Senate or the Presidency.

I am not sure if that will be true this time.  When Republicans have control of both houses and the White House then all spending restraint tends to go out the window.  A recession is already baked into the cake, if we get a series of interest rate increases after eight years of ZIRP then I must conclude that she intends to sink the Trump administration by triggering the inevitable.