MSNBC Host slams Republican Senator: I hear you acknowledge the hypocrisy of your party.

[egbertowillies]

MSNBC Host Hallie Jackson did not allow Republican Senator Mike Braun to lie to Americans over their debt ceiling hostage-taking.

https://egbertowillies.com/2021/10/08/msnbc-host-slams-republican-senator-i-hear-you-acknowledge-the-hypocrisy-of-your-party-the-republican-party/

[Stuart G]

1. Thank You for posting...K and R..

[PaulRevere08]

2. Well Senator, start your reform with the tax code and undoing the harm that

TFG (and Bush) tax cuts have caused our country.

[Escurumbele]

3. Here is the problem with the interview:

Why doesn't she go through the history of the USA economy, and she doesn't have to go too far.

Reagan accumulated a huge deficit because of his trickle-down insane economic philosophy, which I just think they calculated how much money they were going to put in their pockets and then called it that with some added bullshit to make people think "it was good for them". GH Bush was not able to fix the economy, he made it worst, then came Bill Clinton who left a $200 billion surplus for GW Bush who destroyed it in less than two years leaving an incredible deficit that Obama had to rescue. Obama did his best but the damage was too big, but he left a good economy running, then came the buffoon and left a debt of $8.4 trillion...why can she explain that to this guy who is trying to blame "both parties"?

[Claire Oh Nette]

4. Democrats govern. the GOP campaigns.

"...then came Bill Clinton who left a $200 billion surplus for GW Bush who destroyed it in less than two years leaving an incredible deficit that Obama had to rescue. Obama did his best but the damage was too big, but he left a good economy running, then came the buffoon and left a debt of $8.4 trillion..."

The GOP has never been the party of fiscal conservatism. They just don't want to help you, whoever you are. They claimed Bill Clinton was an illegitimate president, and cheapened the process of impeachment. Then, the GOP's worst nightmare, an intelligent, capable, competent, good looking Black man became president. Put Clinton and Obama's 16 years up against any of the GOP's presidents since Reagan.

Investing in people pays more dividends than propping up the uber-wealthy.

[TeamProg]

5. Both Egberto & Braun neglected to mention that the top tax rate after WWII was 90% !!

THAT, is how we paid off record debt vs. GDP. The top marginal tax rate when Reagan came into office was still way over 60% !!





I helped create the GOP tax myth. Trump is wrong: Tax cuts don’t equal growth.

By Bruce Bartlett
Bruce Bartlett was a domestic policy adviser to President Ronald Reagan. He is a columnist for the New Republic and the author of “The Truth Matters: A Citizen’s Guide to Separating Facts From Lies and Stopping Fake News in Its Tracks.”
September 28, 2017

Four decades ago, while working for Rep. Jack Kemp (R-N.Y.), I had a hand in creating the Republican tax myth. Of course, it didn’t seem like a myth at that time — taxes were rising rapidly because of inflation and bracket creep, the top tax rate was 70 percent and the economy seemed trapped in stagflation with no way out. Tax cuts, at that time, were an appropriate remedy for the economy’s ills. By the time Ronald Reagan was president, Republican tax gospel went something like this:

The tax system has an enormously powerful effect on economic growth and employment.
High taxes and tax rates were largely responsible for stagflation in the 1970s.
Reagan’s 1981 tax cut, which was based a bill, co-sponsored by Kemp and Sen. William Roth (R-Del.), that I helped design, unleashed the American economy and led to an abundance of growth.

Based on this logic, tax cuts became the GOP’s go-to solution for nearly every economic problem. Extravagant claims are made for any proposed tax cut. Wednesday, President Trump argued that “our country and our economy cannot take off” without the kind of tax reform he proposes. Last week, Republican economist Arthur Laffer said, “If you cut that [corporate] tax rate to 15 percent, it will pay for itself many times over. … This will bring in probably $1.5 trillion net by itself.”

That’s wishful thinking. So is most Republican rhetoric around tax cutting. In reality, there’s no evidence that a tax cut now would spur growth.

The Reagan tax cut did have a positive effect on the economy, but the prosperity of the ’80s is overrated in the Republican mind. In fact, aggregate real gross domestic product growth was higher in the ’70s — 37.2 percent vs. 35.9 percent.

[czarjak]

6. Republican lectures are canceled, Mikey.