A few years back, Mary Kissel who was at the Wall Street Journal at the time, remarked that Elizabeth Warren had only “a child-like understanding of economics”. That stuck with me because it was so accurate. Black unemployment is the lowest it has ever been. The economy is doing great. Food Stamp use is way down. New filings for unemployment benefits are at an all time low.
Democrats believe, as a matter of faith, that Republican tax cuts go only to the rich and to corporate chieftains. Democrats have no understanding of proportionality whatsoever. Since the rich pay way more in taxes, the same percentage of a tax cut will mean more money for somebody who makes far more. Worked for Ronald too, if you remember
That’s why tax cuts for business owners mean they have more leeway to invest, build, hire, grow their businesses and they do so. Ordinary…
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