Donald Trump said that no other politician has had it so bad. Maybe, this president would be more successful if he ever looked outward instead of always focusing on himself. Trump appears to be “flailing & lying like CRAZY,” in his morning tweet, yet he projected those qualities onto the media. Lest America forget, Trump added, his economy was “the best” in history.
That, too, was a lie, of course. Yet, the economy has been doing well, following a projection set by President Barack Obama after he prevented a near world economic crisis. Trump tweeted “it’s the economy stupid:”
‘The Economy is soooo good, perhaps the best in our country’s history (remember, it’s the economy stupid!), that the Democrats are flailing & lying like CRAZY! Phony books, articles and T.V. “hits” like no other pol has had to endure-and they are losing big. Very dishonest people!’
The problem with POTUS’ claim was that the economy has improved for only the wealthiest in this country. Those increases in people’s paychecks have failed to appear.
Instead of trickling Trump’s big tax breaks down to employees, the increased profits went to the shareholders. Clearly, the stock market has not been a good predictor of the health of the U.S. economy, just those who can afford to play in the market.
The Trickle Down economic theory began with President Ronald Reagan. It was no mistake that was the beginning of the decline of the middle and working classes. Today, people make less than they did, given inflation.
The sad truth was Trickle Down economics never worked. However, that has not kept Republicans in Congress from maintaining the lie.
The unions have been the great engine for the working public, and the GOP has hacked away at them since Reagan. Corporations circumvented unions by sending their companies offshore, where the cost of living was so dramatically different. Yes, wages were much lower, but so was everything else.
Until the government finds a way to adjust to that problem, workers have no chance to improve their lives and the lives of their children.
After Trump’s tweet hit Twitter world, the tweets went wild. Check out some of our favorite tweets below:
Featured image is a screenshot via YouTube.