TRUMPERNOMICS
FOR THE RICH…. and his parasitic family!
"Trump's alleged comment is maddening and
disheartening,
but at least he's being straightforward about his indefensible
and self-serving neglect. I'll leave you with this reminder of the scope of
the problem, not that anyone in power is going to do a damn thing about
it."
but at least he's being straightforward about his indefensible
and self-serving neglect. I'll leave you with this reminder of the scope of the problem, not that anyone in power is going to do a damn thing about it."
"The tax
overhaul would mean an unprecedented windfall for the super-rich, on top
of the fact
that virtually all income gains during the period of the supposed
recovery from the
financial crash of 2008 have gone to the top 1 percent income
bracket."
Mark Levin Warns: America’s Spending, National Debt ‘Will Destroy the Country from Within’
Nationally syndicated radio talk show host, TV host, author and American lawyer Mark Levin (Screenshot)
On his nationally syndicated radio talk show “The Mark Levin Show” on Monday, host Mark Levin warned that the United States of America’s spending and national debt “will destroy the country from within.”
“Look around you, because 50 years from now, this country’s not going to be anything like it is today,” said Mark Levin of America. “I’ll be gone. Many of us will be gone, but your children and grandchildren will be here and future generations. And I am telling you that what we are doing to our children and grandchildren and generations yet born is going to destroy them. This is going to destroy them. All this crap about Mueller, Russia-collusion, all these lies, the focus of the media, unfortunately, mark my words, this will destroy the country from within.”
Mark Levin’s comments came in response to a piece by Brian Riedl in National Review, which states that, “President Trump and congressional leaders are nearing a [budget] deal that would raise the discretionary-spending caps by $320 billion over two years and offset less than one-quarter of those costs (and even those offsets would take a decade to materialize).”
Below is a transcript, in pertinent part, of Mark Levin’s remarks from his show on Monday:
“There is no desire – none – to cut spending. None. There’s no pressure on Congress to cut spending – none. There’s no rational discussion on this in the media. It will all be blamed on Trump. It should be blamed on all of them quite frankly, both parties, all leaders – both parties, all leaders.“There is no budget control act anymore. There’s no budget control anymore. Right now the fiscal operating debt is $22 trillion, and massively expanding. The unfunded liability debt is over $250 trillion. They don’t even tell you about that. All they ever do is talk about the $22 trillion fiscal operating debt. They never tell you about the unfunded liabilities. They complain, ‘You know, we can’t control entitlements.’ Then you ought to ask them, ‘Well, what does that contribute to the debt?’ They don’t want to talk about it because they might have to do something about it. So when you add the $22 trillion— Let’s just round it off to $220 trillion – it’s much higher – in unfunded liabilities, that means each and every one of you owes about $700,000 in debt. Babies, teenagers, senior citizens, about $700,000 each. It’s about $68,000 if you just consider fiscal operating debt. But we’re into all of it. There isn’t just a fiscal operating debt. There’s an unfunded liabilities debt.“Then we have the Democrats running off and saying, ‘College for all!’ ‘How are you going to pay for it?’ ‘Oh, you know, just tax the rich.’ ‘Health care for all!’ ‘Well, how are you going—’ ‘Oh, well, we’ll just tax the rich.’“And then the Republicans, at least they used to give lip service to controlling spending, don’t even give lip service anymore.
“I want you to look at your children and grandchildren. I want you to think about 50 years from now, just 50 years from now. We talk about Apollo 11, right? 50 years ago.“Look around you, because 50 years from now, this country’s not going to be anything like it is today. I’ll be gone. Many of us will be gone, but your children and grandchildren will be here and future generations. And I am telling you that what we are doing to our children and grandchildren and generations yet born is going to destroy them. This is going to destroy them. All this crap about Mueller, Russia-collusion, all these lies, the focus of the media, unfortunately, mark my words, this will destroy the country from within.“China will be on the rise. Other countries will be on the rise, while we destroy ourselves from within because we’re too d--- selfish, because we want something for nothing, because we have demagogues at the helm that keep telling us, ‘You have a right to this and a right to that and a right to this and a right to that.’”
Report: Trump Says He Doesn't Care About the National Debt Because the Crisis Will Hit After He's Gone
"Trump's alleged comment is maddening and disheartening,
but at least he's being straightforward about his indefensible
and self-serving neglect. I'll leave you with this reminder of the scope of the problem, not that anyone in power is going to do a damn thing about it."
but at least he's being straightforward about his indefensible
and self-serving neglect. I'll leave you with this reminder of the scope of the problem, not that anyone in power is going to do a damn thing about it."
"The tax overhaul would mean an unprecedented windfall for the super-rich, on top
of the fact that virtually all income gains during the period of the supposed
recovery from the financial crash of 2008 have gone to the top 1 percent income
bracket."
America’s Future Looks Bleak as Debt Continues to Mount
President Donald J. Trump shaking hands with Speaker of the House Nancy Pelosi. (Photo by Doug Mills-Pool/Getty Images)
With an economy that’s strong, that creates opportunities, and that grows wages, people are experiencing the American dream. But this dream is in danger of becoming the American nightmare.
The future looks bleak: job losses, lower wages for those lucky enough to keep a job, and massive tax increases on average Americans.
For many families, that could mean tighter budgets, less money to buy food and clothes, and little prospect for a family vacation or being able to improve their financial situation in the future.
It might mean working longer hours, taking on a second job, or working an extra few years instead of retiring, just to keep up with mounting bills. And that dream of giving your kids a better life than you had? That may be out of reach.
This isn’t the plot of some dystopian novel. This is our future if we don’t demand that politicians in Washington control their spending addiction.
Despite their promises to the contrary, every year, politicians continue to spend hundreds of billions of dollars more than the government takes in. And every year, they put it on the national credit card and the bill grows bigger.
That bill currently averages $67,000 for every single American. If you’re a family of three, that’s over $200,000. And just like the credit card bill you get at the end of the month, this bill is coming due.
But it doesn’t have to be this way. There are several ways our politicians can reform their reckless spending habits and save us from this fate.
First, they can stop spending billions of dollars on things that have already been identified as waste, fraud, and duplicative services.
Second, they should focus on funding the constitutionally mandated duties of the federal government, first and foremost national defense.
The federal government should return control of many programs to the private sector and state and local governments. Programs often work best and cost less when they’re run by those closest to the people affected by them.
Third, they should reform the biggest social programs in the budget, from Social Security to health care, to return control over health care and retirement decisions to Americans while protecting the most vulnerable.
And finally, Washington should keep taxes low and eliminate thousands of heavy-handed regulations that just grow government and siphon away our money and our freedoms. The recent tax cuts and deregulation are allowing the economy to flourish, which leads to more jobs and rising wages.
Higher taxes are not the solution to out-of-control spending. We need to address the problem at its roots.
It’s not too late to save the incredible promise that is America. But first, we have to convince leaders to end their runaway spending habits and adopt spending controls.
By taking these steps, we can reverse the current course, live in a freer, more prosperous America, and save the American dream for our generation and for generations yet to come.
Report: Trump Says He Doesn't Care About the National Debt Because the Crisis Will Hit After He's Gone
"Trump's alleged comment is maddening and disheartening,
but at least he's being straightforward about his indefensible
and self-serving neglect. I'll leave you with this reminder of the scope of the problem, not that anyone in power is going to do a damn thing about it."
but at least he's being straightforward about his indefensible
and self-serving neglect. I'll leave you with this reminder of the scope of the problem, not that anyone in power is going to do a damn thing about it."
"The tax overhaul would mean an unprecedented windfall for the super-rich, on top
of the fact that virtually all income gains during the period of the supposed
recovery from the financial crash of 2008 have gone to the top 1 percent income
bracket."
Mark Levin: ‘Republican Party Today Does Not Stand for Fiscal Responsibility’ – ‘Nobody Does’
Nationally syndicated radio talk show host, TV host, author and American lawyer Mark Levin (Screenshot)
Host Mark Levin blasted leaders in Washington, particularly Republicans, for not standing for fiscal responsibility while speaking on his nationally syndicated radio talk show “The Mark Levin Show” on Monday.
“We used to at least have fiscal conservatives,” stated Mark Levin. “There are no more fiscal conservatives, maybe a handful. But the Republican Party today does not stand for fiscal responsibility. Therefore, nobody does.”
Mark Levin’s comments came in response to a piece by Brian Riedl in National Review which states that “President Trump and congressional leaders are nearing a [budget] deal that would raise the discretionary-spending caps by $320 billion over two years and offset less than one-quarter of those costs (and even those offsets would take a decade to materialize).”
Below is a transcript, in pertinent part, of Mark Levin’s remarks from his show on Monday:
“Alright, I wasn’t going to start with this. I’m going to talk tonight about the press, about climate change, but first, now, we’re going to talk about the debt.“It doesn’t matter who the president is. It doesn’t matter which party controls Congress. The fact is that when those in charge of spending and borrowing and taxing do what’s about to be done to the American people, it’s unconscionable. Spending is completely out of control, and we simply do not have any adults who want to do anything about it because it’s much easier politically to just keep spending.“As Mitch McConnell once said, and I paraphrase, ‘You don’t lose votes by spending.’ That’s the Republican majority leader of the Senate.
“Now, we used to at least have fiscal conservatives. There are no more fiscal conservatives, maybe a handful. But the Republican Party today does not stand for fiscal responsibility. Therefore, nobody does. People can call me and ‘[indiscernible].’ I don’t care. I have kids and grandkids too. I care about the future of this country. This is the most selfish act one generation can do to the next, to impose on generations yet born this massive debt because we want health care for all and we want free college, and we want more this and more of that and so forth and so on is unacceptable. It’s unacceptable.“What a bunch of punks we’ve become – this generation. I’m not kidding. You know, we like to talk about Millennials: ‘You know, those d--- Millennials!’ We’re doing this! And the generation before us did this.“We’re told there’s nothing we can do about it. What do you mean there’s nothing we can do about it?“And then we have a Democrat Party that wants to quadruple what’s taking place, while the Republican Party’s doubling what’s taking place.“We sent people to Congress during the Tea Party revolution who are now voting for massive spending and massive debt. Why? I’ll tell you why. Because politically – this is what they’re going to tell you – they don’t want to shut down the government, and you have a treasury secretary who’s a liberal Democrat who’s already saying we don’t want to default. There would be no default.“Well, let me tell you something. One day there will be a default. One day there will be a default, but it will be a different kind of default. It will be one completely out of our control when the economy crumbles. There’ll be no health care; there’ll be no pensions; there’ll be no minimum wage; there’ll be no property rights. It’ll all go up in a puff of smoke.“And then you have these hucksters on TV and radio saying, ‘You know, they always warn us about this, but none of it happens.’ Well, look at history. It has happened. Just because our economy is so big, it takes time. But the laws of economics, as I’ve said a thousand times, are like the laws of physics. They don’t change. I don’t care how many statutes are passed, I don’t care how many proposals are made, how many claims about redistributing wealth take place, we simply can’t produce enough to keep up with this.”
Report: Trump Says He Doesn't Care About the National Debt Because the Crisis Will Hit After He's Gone
"Trump's alleged comment is maddening and disheartening,
but at least he's being straightforward about his indefensible
and self-serving neglect. I'll leave you with this reminder of the scope of the problem, not that anyone in power is going to do a damn thing about it."
but at least he's being straightforward about his indefensible
and self-serving neglect. I'll leave you with this reminder of the scope of the problem, not that anyone in power is going to do a damn thing about it."
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