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(01-15-2018 09:08 PM)Ken Barna Wrote:  Dear ess,
As usual you fail to understand that $23 a week will not make a real difference in anyones life. It has nothing to do with elitism, it has to do with reality. I guess you are still living in belief that any tax cut is a great thing. You can continue to delude yourself that the tax cut as described above is going to benefit people of the wage earning society of America. Let's see how many more automobiles are purchased with that money, or maybe stoves, furniture, financing a college education.

Ken, let me help you with basic econ. There are 125 million people getting a full time paycheck in the US, and another 45 million retirees drawing social security.

Using your $23 avg. that equates to about $1200 a year that the government doesn’t confiscate, or roughly 60 hours of an employees labor (based on $20 an hour) THAT THEY WERENT WORKING FOR UNCLE TAXMAN.

Now take that $1200 and multiply it by 170 million people. That’s
$204000000000/ 204 Billion put back into the economy in various forms. Over 10 years that’s $12,000 a person, or 2 Trillion in total. That’s real money Ken. If tomorrow 170 million $1200 checks were sent out you can bet your booty you’d see an uptick in GDP, the market, and lower unemployment.

Now if we let Washington spend that 204 billion, understand that 80% will be eaten up in administrative costs.

When Pelosi said these “cuts are crumbs,” she was counting on people like you to buy her BS. Glad you were there for her.