Monday, August 13, 2018

Trump's Economy Is Great For The Rich - But No One Else




(These charts are from Forbes.com.)

Donald Trump loves to brag about the economy. He points out that the GDP is up, and unemployment is lower. That's great for the rich, because it means their profits are up and they can keep wages low.

But things are different for most Americans. As the charts above show -- inflation is high, worker wages are stagnant, and our deficit is growing back into the trillions of dollars (which is rapidly blooming our national debt). And since the rich got huge tax cuts, that debt is going to have to be paid by the rest of us.

It's "trickle-down" economics on steroids.

This must be changed, and the only way to do that is to vote the GOP out of power in November (and then do the same to Trump in 2020).

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