Saturday, October 29, 2022

Most Americans Would Not Be Helped By GOP Economics


Republicans are basing their election hopes on an economic message. They want Americans to believe they are the party that could best run the economy. That is nothing short of a lie! They cling to their failed "trickle-down" theory -- that whatever is good for the rich is good for everyone. That has not worked in the past, and would not work in the future. The truth is that the GOP economic plan would be bad for most Americans.

Republicans will not help the poor.

Republicans still want to cut government spending. And the spending they want to cut is the meager help the government gives to the poor. These people are already struggling to make ends meet, and the Republicans would make their lives much harder.

Republicans will not help the working poor.

Somewhere between 20% and 25% of all workers are making at or close to the federal minimum wage of $7.25 an hour. That is a poverty wage that keeps these workers poor, even though they work hard at a full-time job. No one who works a full-time job should have to live in poverty, but the Republicans refuse to raise the minimum wage.

Republicans will not help seniors.

Republicans want to cut funding for Social Security and Medicare, even though they are funded by payroll deductions that workers pay their entire working lives. And Republicans have already said they will refuse to raise the debt limit (and cause the nation to default on its loans) to force cuts to Social Security and Medicare. These cuts will make life harder for seniors -- many of whom depend solely on those programs to stay out of poverty.

Republicans will not help the middle class.

Unions built the middle class in this country. But Republicans oppose unions. They want to make it harder to join a union or form a new union. They know that without unions their corporate masters can keep worker wages below what it should be. In the past, workers shared in productivity gains, but thanks to Republicans the rich corporate owners now hog all those productivity gains. And Republicans will allow that to continue.

Those groups together make up a majority of Americans. To be blunt, the Republicans have no interest in helping a majority of Americans.

So, who would they help. That's easy -- the rich and corporations. They have already come out in favor of making the Trump tax cuts permanent -- tax cuts that went mostly to the rich and corporations.

Don't let the GOP politicians fool you. They are not the party of the poor, the working class, or the middle class. They are the party of the rich. The only thing they offer those who are not rich is just lies!

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