Taxes
During a live edition of NBC’s Late Night early Thursday morning, left-wing host Seth Meyers attacked MSNBC’s Chris Matthews for daring to challenge Elizabeth Warren on her extreme socialist health care plan following Tuesday night’s Democratic debate. Meyers savaged the Hardball host and accused him of trying to “mansplain” to the 2020 presidential candidate.
Left-wing economist and columnist Paul Krugman attacked President Donald Trump’s tax cuts as “the biggest giveaway to other nations since the Marshall Plan” in his New York Times column July 25. He criticized Trump’s “hidden” program for sending about $40 billion a year to “wealthy foreign investors.” Forbes contributor and freelance journalist Simon Constable, who has written for many financial publications, wasn’t having any of it. He chided Krugman for getting hold of “the wrong stick entirely” regarding Trump’s corporate tax cuts.
CNN host Anderson Cooper pressed Warren on what her ideas would cost people, particularly union workers, who liked their health insurance. Meanwhile, MSNBC host Chris Matthews absolutely grilled the Senator about how much taxes would need to go up to pay for it all and her refusal to answer the question.
The Founders of the United States of America warned against massive federal debt, but, to our detriment, their political descendants are not paying attention. The Founders speak to us from their graves to condemn and warn of the consequences now that President Trump and Congress have come to an agreement about lifting the meaningless “debt ceiling” and increasing already massive federal spending and the debt, which is at $22 trillion and growing rapidly.
CNBC editor-at-large John Harwood didn’t just interview 2020 Democratic candidate Beto O’Rourke about the economy July 5. He literally asked questions while eating Mexican food with the candidate. That jovial setting was perfect for the easy and friendly interview Harwood conducted. Harwood often lets his liberal views show on CNBC. CNBC.com described the interview as O’Rourke “filling in the blanks” on his economic plans which included raising taxes.
The left have cheered Sen. Elizabeth Warren’s (D-MA) rise in the polls after the Democrat debates. Now they have pronounced her Wall Street’s choice for the 2020 presidential election. Bloomberg reporters Lananh Nguyen and Tyler Pager on July 3 praised Warren for drawing support from a “small but growing circle of senior bankers and hedge fund managers” on Wall Street. They presented Warren as an “acceptable alternative” to left-leaning Wall Streeters, in contrast to the candidates who “trigger their most visceral objections.” Of course, those candidates were President Donald Trump and democratic socialist Sen. Bernie Sanders (I-VT).
There’s nothing liberal politicians love more than increasing the size of government, enacting overbearing regulations, and limiting the choices of consumers. Those policies seemed to be fine with CBS News because Evening News fill-in anchor, David Begnaud spent some time during Monday’s newscast touting blue state and city laws that were ready to take effect.
Fox Business anchor Dagen McDowell happily announced that the U.S. entered a record-setting 10 years of economic expansion July 1. “You have more than 70 percent of people think the economy is good if not great,” she declared. She also mentioned how 70 percent of Americans “like their private health insurance from their employer,” and wondered what “advice” Democrats would use to campaign against the strong economy. “How do you push back on that, given the fact that the economy, as of today, this is the longest economic expansion in history?” she asked.
JPMorgan Chase CEO Jamie Dimon thinks President Donald Trump deserves “some” credit for the strong economy and that tax reform needed to happen, even though his “liberal New York friends would never agree.” On Yahoo Finance’s Influencers with Andy Serwer on June 27, Dimon applauded Trump’s pro-business economic agenda, especially tax cuts and deregulation.
CBS News online provided Democrats ammunition disguised as free advice and “facts” just ahead of their first debate. Supposedly wondering how the economy is “really doing,” CBS journalists Aimee Picchi, Alain Sherter, and Irina Ivanova glumly answered, “The first quarter of 2019 may be as good as it gets for quite a while.”
When liberal donor George Soros and several other liberal billionaires called for a wealth tax, the media swooned. Soros, Facebook co-founder Chris Hughes, heiress Abigail Disney and 15 others wrote an open letter calling on presidential candidates to adopt a wealth tax on the top 1/10 of 1 percent.
Washington Post economic editorial writer Charles Lane called out proponents of socialism citing Nordic countries as a “model” for the kind of socialism they want to see replicated by America. Because, while they are “success stories,” they aren’t really the socialist utopias claimed by liberal presidential candidates like Sen. Bernie Sanders, (I-VT). Democratic socialist Rep. Alexandria Ocasio-Cortez, (D-NY), has also claimed her policies “resemble” these countries.