https://www.commondreams.org/views/2...t-were-trouble
Doing PUtin's bidding. Trump is destroying our nation and the bought and paid for by Russia republicans are helping.While the tax bill lowers the top income-tax bracket and allows real estate and other business interests to deduct 20 percent off the top of their income for starters, middle-class taxpayers, who will wind up paying fewer taxes initially, will see that benefit disappear by 2025 when the new rates are phased out. But the biggest cost to the economy is yet another $1.5 trillion added to the national debt during a time when the economy is doing quite well and the country ought to be able to afford to pay down some debt.Republicans have always maintained that Democrats spend and add to the national debt. But the truth is that when the GOP enacted big tax cuts when Ronald Reagan was president, the national debt tripled, forcing his successor, fellow Republican George H.W. Bush, to enact a tax hike. When Democrat Bill Clinton added a surcharge to the top bracket, the budget actually showed a surplus in his second four-year term.
That prompted George W. Bush, instead of paying down the debt or perhaps shoring up the Social Security Trust Fund that's continually been robbed by the federal Treasury, to along with his Republicans enact yet another tax cut. That, in turn, plunged the country into an enormous budget hole, again adding to the national debt, which got even worse when new president Barack Obama was forced to enact emergency spending during the Great Recession he inherited from Bush.
Now, after the economy was brought back in Obama's final six years, Trump's "accomplishment" is to go back to the "good, old days."
But, aside from the tax cuts, the biggest danger facing the country because of Trump's supposed "accomplishments" is his assault on good-government regulation that protects not only our environment, but our financial system and American consumers.