Are We Force-Fed “Facts”?

There is so much propaganda out there, not just the Donny years but for the last several decades, ‘facts’ that we all buy into that are not ‘facts’ at all…..

1. The idea that tax cuts or bailouts for the wealthy will stimulate the economy (aka “trickle-down economics”) is, at best, a failed experiment and, at worst, an all-out deception. The term “trickle-down economics” was first used in relation to Herbert Hoover and his economic policy during the Great Depression. However, Hoover’s oft-attributed commitment to laissez-faire free market economic policy is debatable, and he actually raised taxes on the rich.

2. The major modern player in trickle-down economics was Ronald Reagan, though the term he actually used was supply-side economics, which purports to boost economic growth through lowered individual and corporate taxes and regulations. His first major move toward such an economy was the Economic Recovery Tax Act of 1981, which, according to Reagan’s Office of Management and Budget director David Stockman, was really just “a Trojan horse to bring down the top [tax] rate” and essentially trickle-down in a trench coat.

The Act slashed the highest income tax from 70% down to 50%. Lower incomes also received tax cuts, but they were much smaller. It also reduced estate, capital gains, and corporate taxes. This massively increased the deficit to such a disastrous level that some of it was actually reversed before it went into effect just a year later in TEFRA, including a few of the tax breaks and slashes that had not gone into effect yet; it also closed tax loopholes and increased other taxes like the cigarette tax. However, Reagan’s Tax Reform Act of 1986 later provided further massive tax cuts, slashing the top income tax from 50% to 28%, and decreasing the corporate tax rate by 12 points to 34%.

All of this was purportedly done to boost the economy, which was in a recession when Reagan came into office. So, did it work? Kind of, temporarily. Unemployment dropped, finance (particularly stocks, bonds, and real estate) and technology expanded, and low-level positions (in addition to high-level ones) saw pay raises. However, Reaganomics also led to the income gap widening considerably, with the richest now able to lobby the government for further policy to support them. Oh, and Reagan massively increased the deficit…again.

There is so much more bullshit that was fed to the less intelligent among us

https://www.buzzfeed.com/hannahmarder/american-propaganda

All this was propaganda which equates to damn lies and yet voters flocked to the promise of a better America…..and how has that worked out for you?

Reagan among others have been pulling our chains and manipulating us to the point of us actually being the problems we face today.

For christ sake learn something…..for we have the power to change this assassination of our system by politicians….all we have to do is learn and vote for the change we need to right this country from the destructive course these politicians have set us on.

Do you want to continue on this journey of destruction or do you want the country we use to have?

It is your choice.

Choose wisely.

I Read, I Write, You Know

“lego ergo scribo”

That Marvelous ‘Golden Dome’

Let’s take a break from Donny’s clusterf**k with Iran and move on to his less than brilliant idea of the Golden Dome.

Golden Dome is Donny’s version of the budget busting program proposed by Reagan, the Strate4gic Defense Initiative (Star Wars)….and guess what Donny’s ‘brilliant’ idea is a budget buster as well….to the tune of $1 trillion….a far cry from the bullshit Donny said but then why would he ever tell the truth?

President Trump’s plan to put weapons in space—pitched as a “Golden Dome for America” missile defense program—is estimated to cost $1.2 trillion over a 20-year period, according to a new analysis from the Congressional Budget Office, a far heftier sum than the initial $175 billion price tag he gave last year. The nonpartisan CBO report, published Tuesday, is described as an analysis that reflects “one illustrative approach rather than an estimate of a specific Administration proposal,” the AP reports.

  • The futuristic system was ordered by Trump in an executive order during his first week in office. He said then that he expected the system to be “fully operational before the end of my term,” which wraps up in January 2029.
  • “Over the past 40 years, rather than lessening, the threat from next-generation strategic weapons has become more intense and complex with the development by peer and near-peer adversaries of next-generation delivery systems,” Trump said in his executive order, justifying the need for the missile defense system.
  • The CBO’s estimates are in part based on a lack of details from the Defense Department about what and how many systems will be deployed, “making it impossible to estimate the long term cost” of the Golden Dome system, the report says.
  • The concept for the missile system is at least partly inspired by Israel’s multitiered defenses, often referred to as the “Iron Dome,” which played a key role in defending it from rocket and missile fire from Iran and allied militant groups as it prosecutes the war on Iran alongside the US.
  • The US Golden Dome is envisioned to include ground and space-based capabilities able to detect, intercept, and stop missiles at all major stages of a potential attack. Congress has already approved roughly $24 billion for the missile defense initiative through Republicans’ massive tax and spending measure signed into law last summer.
  • Democratic Sen. Jeff Merkley, who requested the estimate from the CBO, said in response to the report that the missile defense project is “nothing more than a massive giveaway to defense contractors paid for entirely by working Americans.”
  • Last May, the president said the Golden Dome would cost $175 billion. The CBO last year estimated that just the space-based components of the Golden Dome could cost as much as $542 billion over the next 20 years.

This will be on the backs of taxpayers like everything else Donny does….we get stuck for his bullshit ideas.

There is some concern that all that cash spent maybe in vain….

Even under generous technical assumptions, the viability challenges facing Golden Dome are severe. When it comes to reliably defending the United States against peer and near-peer intercontinental nuclear threats, those challenges are effectively insurmountable. They include the number of interceptors required to reliably defend the United States, with some estimates suggesting ratios as high as 1,600 interceptors for every incoming missile; the ability of adversaries to deploy countermeasures designed to defeat missile defenses; and the risk that a nuclear detonation in the atmosphere or in space could significantly degrade or disable the system’s ability to track and intercept additional threats.  As a budget watchdog, one of our guiding principles at Taxpayers for Common Sense is, “if it doesn’t work, don’t fund it.” The evidence presented in this report strongly suggests that Golden Dome will not work.

Read the report by Taxpayers For Common Sense

https://www.taxpayer.net/national-security/missing-the-mark-why-golden-dome-is-bad-for-american-taxpayers/

Just another one of Donny’s lame ass ideas to waste taxpayer money….and people, taxpayers, still support this clown…..why?

Just trying to keep an eye on what our half-ass government will do with the taxes we all pay.

This is NOT what I signed on for….how about you?

I Read, I Write, You Know

“lego ergo scribo”