Author Topic: 2022 Congressional Leadership  (Read 520 times)

msquared

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2022 Congressional Leadership
« on: November 15, 2022, 08:01:34 AM »
Ok so who will the 4 leaders be?

I think Schumer is a lock for Senate Majority Leader.

I think McConnell is probably going to be Minority Leader even with all of the talk by the Trumpist, the clear thinkers know who is the blame for the 2022 midterms, and it is not McConnell.

I think the House is much more in question. Pelosi can probably stay Minority Leader  if she wants, but maybe she wants out now.

I know McCarthy wants to the Speaker but can he survive the Freedom Caucus push back?  I know a few Trumpist want Trump, but that is not going to happen.  A few have mentioned Liz Cheney as Speaker. I wonder if enough Dems could be convinced to do that? What a finger flip the the Trumpist that would be.

Grant

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Re: 2022 Congressional Leadership
« Reply #1 on: November 15, 2022, 10:16:26 AM »
Shumer

Pelosi because there is no one else. 

McConnel because Hawley and Rubio and Cruz are in the wrong place to be radicals. 

I still think McCarthy for speaker because he is the only one with feet in all wings of the party.  He will have to cave on the rules demands made by Freedom Caucus.  Liz Cheney will not be Speaker.  The Democrats would be shooting themselves in the foot with their own base. 

yossarian22c

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Re: 2022 Congressional Leadership
« Reply #2 on: November 15, 2022, 10:27:09 AM »
Shumer

Pelosi because there is no one else. 

This is where the democrat congressional leaders have failed. All the democratic leadership in the house is old, really old. They haven't done a good job finding potential new leaders. Pelosi has been an effective leader. But it maybe time for someone younger than Joe Biden to have a leadership position in the Democratic house. If she stays minority leader, the democrats need to bring in some young blood in rest of the leadership position.

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McConnel because Hawley and Rubio and Cruz are in the wrong place to be radicals. 

I still think McCarthy for speaker because he is the only one with feet in all wings of the party.  He will have to cave on the rules demands made by Freedom Caucus.  Liz Cheney will not be Speaker.  The Democrats would be shooting themselves in the foot with their own base.

McConnel because he is the best back room power player in the business. Can't believe he didn't take his chance post Jan 6th to convict Trump and prevent him from running for office again. Think of the headaches it would be saving him now. He maybe majority leader if he had sent Trump off to the political pasture.

Liz Cheney will not be speaker because no Republicans left in the house would vote for her. If the Democrats could peal off 5 (or so) Republicans and get her to spurn the freedom caucus they would. A Cheney house wouldn't be friendly to Biden policies but it wouldn't waste all its time on impeachments and investigations.

McCarthy will be speaker but I would put his odds at finishing out his 2 year term at less than 50/50. Either because he resigns like Boehner and Ryan or gets forced out by the crazies.

Grant

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Re: 2022 Congressional Leadership
« Reply #3 on: November 15, 2022, 10:54:35 AM »

This is where the democrat congressional leaders have failed. All the democratic leadership in the house is old, really old. They haven't done a good job finding potential new leaders. Pelosi has been an effective leader. But it maybe time for someone younger than Joe Biden to have a leadership position in the Democratic house. If she stays minority leader, the democrats need to bring in some young blood in rest of the leadership position.

Clyburn is also 82. 
Katherine Clark is ONLY 59.
And Hakeem Jeffries is a spry 52. 

The problem with the Progressive youngsters is that they buck the system, which does not reward bucking the system with elevation within the system, and their policy preferences and campaigns would get the Democratic party destroyed. 

Sorry.  But real politics is seldom the place for the young. 

yossarian22c

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Re: 2022 Congressional Leadership
« Reply #4 on: November 15, 2022, 11:09:45 AM »

This is where the democrat congressional leaders have failed. All the democratic leadership in the house is old, really old. They haven't done a good job finding potential new leaders. Pelosi has been an effective leader. But it maybe time for someone younger than Joe Biden to have a leadership position in the Democratic house. If she stays minority leader, the democrats need to bring in some young blood in rest of the leadership position.

Clyburn is also 82. 
Katherine Clark is ONLY 59.
And Hakeem Jeffries is a spry 52. 

...

Was thinking of Clyburn. I didn't realize they had anyone in leadership who isn't eligible for SS and Medicare yet. Clark and Jeffries are practically kids.  ;D

I wasn't thinking AOC or Omar. Was hoping for some moderate Midwesterners. The democrats would have an easier time winning elections if they could regain some of their losses in the white middle class skills trades (manufacturing, plumbing, construction, electricians, etc). I've always been an advocate that the government should focus more on economic policies help the poor (and lower middle class) without specific mention of race. Carefully write policies to make sure you help the poor, black, white, native americans, and others. Removing the stigma of poverty (and the associated crime) from race is (IMO) the best way for government policy to address ongoing racial disparities and prejudice. Lecturing or targeting and dividing the populace based on race doesn't help attitudes.

Grant

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Re: 2022 Congressional Leadership
« Reply #5 on: November 15, 2022, 11:27:05 AM »

Was thinking of Clyburn. I didn't realize they had anyone in leadership who isn't eligible for SS and Medicare yet. Clark and Jeffries are practically kids.  ;D

Looking at some old information (maybe 1 year?)  It appears the Democrats had 59 Congresscritters age 50 and below.  Depending on how you define the midwest, there are only 10-11.  That includes Omar who probably doesn't fit your criteria.  The problem with these guys is that they do not have a bunch of TOS (time in service).  I imagine it takes time to build up political pull in Congress. 

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Lecturing or targeting and dividing the populace based on race doesn't help attitudes.

OK Boomer. 

msquared

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Re: 2022 Congressional Leadership
« Reply #6 on: November 15, 2022, 03:19:49 PM »

Wayward Son

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Re: 2022 Congressional Leadership
« Reply #7 on: November 15, 2022, 03:38:14 PM »
I wouldn't count my boobies before they're hatched, as Thurber would put it.

McCarthy was merely nominated.  The actual vote won't come until January.  And with the slim margin the Republicans will have and the number of boobies in the House, it wouldn't take much to derail that nomination.  A week is a long time in politics; two months is an eternity. :)

NobleHunter

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Re: 2022 Congressional Leadership
« Reply #8 on: November 15, 2022, 04:28:32 PM »
Can the speaker be elected with only plurality? Is the vote just a straight up and down on a proposed candidate or do the representatives vote for a specific person? Like, can a bunch of MAGAs abstaining through the selection to the democrats?

I'm wondering how easy the system makes it British Tory levels of shenanigans.

msquared

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Re: 2022 Congressional Leadership
« Reply #9 on: November 15, 2022, 07:01:26 PM »
So Rick Scott is going to challenge McConnel for the Minority Leader?  Scott, who was responsible for the Senate election campaign but seems to have lost track of a bunch of money (similar to what happened with the Health Care system he robbed from) thinks he is in  a better position to lead the Minority than Mitch?

He sure has some cajones.

Wayward Son

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Re: 2022 Congressional Leadership
« Reply #10 on: November 16, 2022, 10:02:17 AM »
Well, as Electoral-Vote.com put it, "Rick Scott has long been delusional about how popular Rick Scott is."  ;D

Grant

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Re: 2022 Congressional Leadership
« Reply #11 on: November 16, 2022, 02:39:35 PM »
Well, as Electoral-Vote.com put it, "Rick Scott has long been delusional about how popular Rick Scott is."  ;D

Breaking:

Cocaine Mitch leaves Rick Scott's corpse lying in the Rotunda, for viewing.  After being surprised by the upstart challenger, El Jefe responded

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I welcome the contest

Cocaine Mitch let Rick Scott speak for 3 and a half hours before disemboweling Scott in front of Ted Cruz, in the manner of McConnel's people, the Dothraki of the Great Grass Sea. He finished stating:

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I'm not going anywhere

Cocaine Mitch later deposited Scott's body as a warning, with a copy of Scott's "Twelve Point Plan to Save America" stuffed into his mouth.  Sen Thom Tillis, asked afterwards if Scott ever had a rat's chance in hell of defeating McConnel, said:

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Not at all. Not at all.

msquared

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Re: 2022 Congressional Leadership
« Reply #12 on: November 17, 2022, 12:39:47 PM »
Well Pelosi has said she will not run for Minority Leader in the House.

msquared

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Re: 2022 Congressional Leadership
« Reply #13 on: November 17, 2022, 07:41:24 PM »
So it looks like the really old guard of the Dems in the House are stepping down. The average age of the House leadership drops by something like 30 years with the leaving of the top 3 people from the leadership.

Good, right?

Kasandra

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Re: 2022 Congressional Leadership
« Reply #14 on: November 18, 2022, 11:12:15 AM »
Can the speaker be elected with only plurality? Is the vote just a straight up and down on a proposed candidate or do the representatives vote for a specific person? Like, can a bunch of MAGAs abstaining through the selection to the democrats?

I'm wondering how easy the system makes it British Tory levels of shenanigans.
Speaker requires a majority (218).  The Speaker doesn't even have to be a member of the house.  After the 2020 election, Republicans wondered how they could skew the vote so that Trump could be Speaker.  I think Liz Cheney would be great in that role; Democrats would have to elect her with a few crossover votes from Republicans.  But, since Republicans have no agenda they don't need a Speaker who can do the job, so I think they should consider Kanye.

NobleHunter

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Re: 2022 Congressional Leadership
« Reply #15 on: November 18, 2022, 11:28:20 AM »
So there absolutely needs to be defections for the Dems to take advantage of GOP disunity. That seems unlikely but given the UK, it seems unwise to completely rule out the possibility of flagrant incompetence. It's also hard not to assume that every election strips away a few more of the reasonable members of the GOP as representatives get tired of being stuck in the clown car.

Wayward Son

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Re: 2022 Congressional Leadership
« Reply #16 on: November 22, 2022, 10:17:08 AM »

yossarian22c

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Re: 2022 Congressional Leadership
« Reply #17 on: November 22, 2022, 10:24:56 AM »
Well, one commentator gives McCarthy about a 50 percent chance of becoming Speaker, with the odds dropping daily.

I think McCarthy becomes speaker but doesn't hold his job for the full 2 years. I think the job of Republican speaker of the house is miserable. The last 2 have resigned. His majority is razor thin.

If there were any moderate Republicans actually left in the chamber I think Liz Cheney would have a shot. 5 Republicans and all the Democrats. This won't happen. There are no more Collins, Romney, or Murkowski in the house.

Odds are high that we go through 2 Republican speakers in 2 years, I would put even odds at 3 or more. I wonder if any will get kicked out quicker than Truss did.

wmLambert

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Re: 2022 Congressional Leadership
« Reply #18 on: November 22, 2022, 11:50:21 AM »
The Speaker is next in line for the presidency should Harris and Biden disappear - which is quite a possibility.

It is funny how the Democrat apologists here laud McConnell and pretend he is a canny behind-the-scenes power broker. He was the major back-stabber for the GOP. He fought Trump tooth and nail for four years, allowing the canards against him to fester unopposed. Calling him "Cocaine Mitch" is artful subterfuge. It's not cocaine which is his problem, it's China. He fought against the most successful President of all-time and allowed the Democrats room to wage war against him. Any other GOP leader could have leveraged Trump's successes into a never-ending legacy for his party - yet McConnell managed to weaken him. The voters recognize how poorly he led the minority.

Face it, McConnell is a defender of the Swamp - and the Dems and RINOs who dwell there are scared to death of such a successful leader as Trump draining that Swamp. If Trump gets reelected, all the criminals who lied about him and weaponized the DOJ will be gone, or better yet, wearing orange pantsuits. McCarthy has already set the stage. There are a few Dems with upright honor and goodwill - but many of those are like Tulsi Gabbard. Some have already left the party that left them. Reagan did. AOL has as much a chance to grab Pelosi's job as anyone. The 80 year-olds left at the top are not power brokers, just old names that got reelected year after year because they led committees.

The vote for leadership is still two years out. Perhaps they may get someone other than McCarthy. I'd look for the best communicator - even outside elected office. Tucker Carlson, Dana Perino, Ron Schmitt, Greg Kelly, and Kari Lake come to mind.

yossarian22c

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Re: 2022 Congressional Leadership
« Reply #19 on: November 22, 2022, 12:18:32 PM »
The Speaker is next in line for the presidency should Harris and Biden disappear - which is quite a possibility.
How is that quite a possibility?
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...
He fought against the most successful President of all-time and allowed the Democrats room to wage war against him. Any other GOP leader could have leveraged Trump's successes into a never-ending legacy for his party - yet McConnell managed to weaken him. The voters recognize how poorly he led the minority.

The most successful President of all-time? :o Can you name one major legislative or foreign policy achievement of the Trump administration?

The voters of Kentucky disagreed with you there. They reelected McConnell. The candidates McConnell supported did better than the Trump losers.

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Face it, McConnell is a defender of the Swamp - and the Dems and RINOs who dwell there are scared to death of such a successful leader as Trump draining that Swamp. If Trump gets reelected, all the criminals who lied about him and weaponized the DOJ will be gone, or better yet, wearing orange pantsuits.
...

Define what draining the swamp would be? Eliminating corruption in government? Making government more efficient? What are you looking for? After you have figured out what it is you think 'draining the swamp' means, can you name anything Trump did in his first term that 'drained the swamp'?

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The vote for leadership is still two years out. Perhaps they may get someone other than McCarthy. I'd look for the best communicator - even outside elected office. Tucker Carlson, Dana Perino, Ron Schmitt, Greg Kelly, and Kari Lake come to mind.

Two months out. You picked some real winners there. Tucker 'I can't be sued for slander because no reasonable person believes a word out of my mount' Carlson. Another Fox blowhard. Who is Ron Schmitt? A newsmax blowhard. And another losing candidate. Find some better people. I know its hard with what is left after Trump has decimated anyone with half a backbone in the Republican party.

msquared

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Re: 2022 Congressional Leadership
« Reply #20 on: November 22, 2022, 12:38:27 PM »
Wm

Why not Trump as Speaker?

Tom

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Re: 2022 Congressional Leadership
« Reply #21 on: November 22, 2022, 01:29:35 PM »
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It is funny how the Democrat apologists here laud McConnell and pretend he is a canny behind-the-scenes power broker.
McConnell is almost single-handedly responsible for ensuring the court system is packed with Republican partisans. The importance of this cannot be overstated.

msquared

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Re: 2022 Congressional Leadership
« Reply #22 on: November 22, 2022, 01:47:25 PM »
But he does not support Trump so he is a RINO. Remember real Republicans support every claim made by Trump. Any deviation from that orthodoxy means you are a RINO.

wmLambert

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Re: 2022 Congressional Leadership
« Reply #23 on: November 22, 2022, 09:46:42 PM »
But he does not support Trump so he is a RINO. Remember real Republicans support every claim made by Trump. Any deviation from that orthodoxy means you are a RINO.

No. Sabotaging your own Party's President while he is in office is no indication of leadership. In this past midterms, he took Party support away from Trump-endorsed candidates for RINOs, at which point Dems jumped onto the anti-Trump hay wagon to strangle more popular candidates in hopes their own Dem candidates could beat the ones McConnell pushed. McConnell doesn't much care whether Biden stays in office - after all they both are supplicants to China.

BTW: Yossarian22C - you cannot actually not know all the great things Trump accomplished with all the Dems, Complicit Media, Education, Unions, Hollywood, and Never-Trumpers sabotaging his every action. Look at this list. https://trumpwhitehouse.archives.gov/trump-administration-accomplishments/

Here are some:
    America gained 7 million new jobs – more than three times government experts’ projections.
    Middle-Class family income increased nearly $6,000 – more than five times the gains during the entire previous administration.
    The unemployment rate reached 3.5 percent, the lowest in a half-century.
    Achieved 40 months in a row with more job openings than job-hirings.
    More Americans reported being employed than ever before – nearly 160 million.
    Jobless claims hit a nearly 50-year low.
    The number of people claiming unemployment insurance as a share of the population hit its lowest on record.
    Incomes rose in every single metro area in the United States for the first time in nearly 3 decades.

    Unemployment rates for African Americans, Hispanic Americans, Asian Americans, Native Americans, veterans, individuals with disabilities, and those without a high school diploma all reached record lows.
    Unemployment for women hit its lowest rate in nearly 70 years.
    Lifted nearly 7 million people off of food stamps.
    Poverty rates for African Americans and Hispanic Americans reached record lows.
    Income inequality fell for two straight years, and by the largest amount in over a decade.
    The bottom 50 percent of American households saw a 40 percent increase in net worth.
    Wages rose fastest for low-income and blue collar workers – a 16 percent pay increase.
    African American homeownership increased from 41.7 percent to 46.4 percent.

    Created more than 1.2 million manufacturing and construction jobs.
    Put in place policies to bring back supply chains from overseas.
    Small business optimism broke a 35-year old record in 2018.

    Signed the Tax Cuts and Jobs Act – the largest tax reform package in history.
    More than 6 million American workers received wage increases, bonuses, and increased benefits thanks to the tax cuts.
    A typical family of four earning $75,000 received an income tax cut of more than $2,000 – slashing their tax bill in half.
    Doubled the standard deduction – making the first $24,000 earned by a married couple completely tax-free.
    Doubled the child tax credit.
    Virtually eliminated the unfair Estate Tax, or Death Tax.
    Cut the business tax rate from 35 percent – the highest in the developed world – all the way down to 21 percent.
    Small businesses can now deduct 20 percent of their business income.
    Businesses can now deduct 100 percent of the cost of their capital investments in the year the investment is made.
    Since the passage of tax cuts, the share of total wealth held by the bottom half of households has increased, while the share held by the top 1 percent has decreased.
    Over 400 companies have announced bonuses, wage increases, new hires, or new investments in the United States.
    Over $1.5 trillion was repatriated into the United States from overseas.
    Lower investment cost and higher capital returns led to faster growth in the middle class, real wages, and international competitiveness.

And much, much more:
    Hit record stock market numbers and record 401ks.
    Rebuilding and investing in rural America.
    Achieved a record-setting economic comeback by rejecting blanket lockdown.
    Passed $3.2 trillion in historic tax relief for the middle class and reformed the tax code.
    Jobs and investments poured into Opportunity Zones.
    Ended the regulatory assault on American Businesses and Workers.
    Successfully rolled back burdensome regulatory overreach.
    mericans now have more money in their pockets.
    Secured historic trade deals to defend American workers.
    Took strong actions to confront unfair trade practices and put America First.
    Historic support for American farmers.
    Unleashed America’s oil and natural gas potential.
    Increased access to our country’s abundant natural resources in order to achieve energy independence.
    Affordable and high-quality Child Care for American workers and their families.
    Advanced apprenticeship career pathways to good-paying jobs.
    Advanced women’s economic empowerment.
    Ensured American leadership in technology and innovation.
    Preserved American jobs for American workers and rejected the importation of cheap foreign labor.
    Restricted travel to the United States from infected regions of the world.
    Acted early to combat the China Virus in the United States.
    Re-purposed domestic manufacturing facilities to ensure frontline workers had critical supplies.
    Replenished the depleted Strategic National Stockpile.
    Created the largest, most advanced, and most innovative testing system in the world.
    Pioneered groundbreaking treatments and therapies that reduced the mortality rate by 85 percent, saving over 2 million lives.
    Brought the full power of American medicine and government to produce a safe and effective vaccine in record time.
    Prioritized resources for the most vulnerable Americans, including nursing home residents.
    Supported Americans as they safely returned to school and work.
    Rescued the American economy with nearly $3.4 trillion in relief, the largest financial aid package in history.
    Empowered American patients by greatly expanding healthcare choice, transparency, and affordability.
    Issued unprecedented reforms that dramatically lowered the price of prescription drugs.
    Promoted research and innovation in healthcare to ensure that American patients have access to the best treatment in the world.
    Protected our Nation’s seniors by safeguarding and strengthening Medicare.
    Appointed a historic number of Federal judges who will interpret the Constitution as written.
    Appointed three Supreme Court justices, expanding its conservative-appointed majority to 6-3.
    Secured the Southern Border of the United States.
    Fully enforced the immigration laws of the United States.
    Ended asylum fraud, shut down human smuggling traffickers, and solved the humanitarian crisis across the Western Hemisphere.
    Secured our Nation’s immigration system against criminals and terrorists.
    Protected American workers and taxpayers.
    Restored America’s leadership in the world and successfully negotiated to ensure our allies pay their fair share for our military protection.
    Advanced peace through strength.
    Renewed our cherished friendship and alliance with Israel and took historic action to promote peace in the Middle East.
    Stood up against Communism and Socialism in the Western Hemisphere.
    Rebuilt the military and created the Sixth Branch, the United States Space Force.
    Defeated terrorists, held leaders accountable for malign actions, and bolstered peace around the world.
    Addressed gaps in American’s defense-industrial base, providing much-needed updates to improve the safety of our country.
    Reformed the Department of Veterans Affairs (VA) to improve care, choice, and employee accountability.
    Decreased veteran homelessness, improved education benefits, and achieved record-low veteran unemployment.
    Signed into law landmark criminal justice reform.
    Unprecedented support for law-enforcement.
    Implemented strong measures to stem hate crimes, gun violence, and human trafficking.
    Steadfastly supported the sanctity of every human life and worked tirelessly to prevent government funding of abortion.
    Stood up for religious liberty in the United States and around the world.
    Took strong action to protect the environment and ensure clean air and clean water.
    Secured agreements and signed legislation to protect the environment and preserve our Nation’s abundant national resources.
    Fought tirelessly to give every American access to the best possible education.
    Took action to promote technical education.
    Drastically reformed and modernized our educational system to restore local control and promote fairness.
    Prioritized support for Historically Black Colleges and Universities.
    Brought unprecedented attention and support to combat the opioid crisis.
    Took action to seize illegal drugs and punish those preying on innocent Americans.
   

Tom

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Re: 2022 Congressional Leadership
« Reply #24 on: November 22, 2022, 11:07:41 PM »
You poor, sick man. :(

Fenring

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Re: 2022 Congressional Leadership
« Reply #25 on: November 22, 2022, 11:50:56 PM »
As ludicrous as that list is, it is positively stupefying that the stock market hitting record highs is on it and is supposed to be a good thing. Did you actually read the items on the list or is it just a blind copy paste?  The stock and housing markets reaching all time highs in late 2021 is probably one of the worse things that's ever happened to America.

TheDrake

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Re: 2022 Congressional Leadership
« Reply #26 on: November 23, 2022, 09:42:43 AM »
As ludicrous as that list is, it is positively stupefying that the stock market hitting record highs is on it and is supposed to be a good thing. Did you actually read the items on the list or is it just a blind copy paste?  The stock and housing markets reaching all time highs in late 2021 is probably one of the worse things that's ever happened to America.

Copypasta direct from the administration brag sheet.

https://trumpwhitehouse.archives.gov/trump-administration-accomplishments/

yossarian22c

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Re: 2022 Congressional Leadership
« Reply #27 on: November 23, 2022, 09:54:01 AM »
...

BTW: Yossarian22C - you cannot actually not know all the great things Trump accomplished with all the Dems, Complicit Media, Education, Unions, Hollywood, and Never-Trumpers sabotaging his every action. Look at this list. https://trumpwhitehouse.archives.gov/trump-administration-accomplishments/
...

The economy was good before Covid. The economy was good and steadily improving when he took office. What were Trump's greatest legislative and foreign policy achievements. If you want to argue the tax bill for corporations and billionaires that tossed in some temporary tax relief for people in the lower middle class, make that case. I don't see cutting taxes and blowing up the deficit as some monumental achievement.

msquared

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Re: 2022 Congressional Leadership
« Reply #28 on: November 23, 2022, 10:12:55 AM »
If only  people would let him lead the country like Putin leads Russia and Kim leads NK things would be as good as in those great, strong wonderful countries.

I did not see on that list the great loss of jobs by a President in a 2-3 month period?  I wonder why not?

Wayward Son

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Re: 2022 Congressional Leadership
« Reply #29 on: November 28, 2022, 12:07:56 PM »
Politico talks about how difficult it will be for the Republicans to run the House with such a slim majority.

I thought this was a key quote:

Quote
While Pelosi and her caucus started out with a 10-seat margin in January 2021, it was whittled down to as few as three votes during those two years.

A similar whittling would change the balance to a Democratic majority.  :o  We could conceivably see control switching back and forth over the term.

Not to mention a few turncoats deciding the fate of some controversial bills. :)

It will be interesting.

Fenring

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Re: 2022 Congressional Leadership
« Reply #30 on: November 28, 2022, 01:11:43 PM »
The economy was good before Covid.

Fwiw I've heard that the economy may have been heading for recession in late 2019 to probably happen in 2020-2021, except covid interrupted that process.

yossarian22c

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Re: 2022 Congressional Leadership
« Reply #31 on: November 28, 2022, 01:33:15 PM »
The economy was good before Covid.

Fwiw I've heard that the economy may have been heading for recession in late 2019 to probably happen in 2020-2021, except covid interrupted that process.

Yeah, tax cuts for rich people/corps are the economic equivalent of a sugar rush. Energy for a while but followed by a crash.

Fenring

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Re: 2022 Congressional Leadership
« Reply #32 on: November 28, 2022, 01:39:23 PM »
Yeah, tax cuts for rich people/corps are the economic equivalent of a sugar rush. Energy for a while but followed by a crash.

The issue wouldn't be the tax cuts so much as that it requires deficit spending to offer these tax cuts. In effect it's not really a tax cut but rather a stimulus boost financed by taking out a loan. If there was a budget surplus and a real tax cut was given only to the rich, that might be 'unfair' but it wouldn't cause a recession. Ironically the so-called tax cuts are actually active redistribution of wealth, the thing the GOP claims to hate.