As the year draws to a close, our team compiled a "snapshot" of the first year since Donald Trump Became President of the United States which we hope all all enjoy:
- The View from China
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US economy faces a painful comedown from its ‘sugar high’ https://t.co/Y3c6Pe9hqP
— Financial Times (@FT) December 10, 2017
Dow in the first 11 months:— Steven Rattner (@SteveRattner) December 19, 2017
- Obama: 29.9%
- Trump: 25.0%
S&P in the first 11 months:
- Obama: 36.9%
- Trump: 18.4% https://t.co/jYMJgIMpTf
Penn/Wharton model finds that tax bill will increase average annual economic growth by no more than about one-tenth of one percentage point over next decade. For $2 trillion in additional federal debt. https://t.co/tkxuHK1PSY— Ronald Brownstein (@RonBrownstein) December 19, 2017
Top award for cowardice? Quite competitive, but goes to 12 Republican California House members who voted for tax bill that sought to politically punish their state thru higher taxes, cuts in health & education. If those 12 opposed, bill fails 215-215. Lots to explain in 2018.— Gene Sperling (@genebsperling) December 19, 2017
So that's the plan, then: massive tax cuts for corporations and the rich, followed by massive cuts to programs for the poor and the elderly. https://t.co/yTYPlfxMV3— Ezra Klein (@ezraklein) December 19, 2017
To grasp the true scale of betrayal this tax plan represents, it's crucial to remember the *story* Trump told during the campaign.— Greg Sargent (@ThePlumLineGS) December 20, 2017
It was a story about how Trump had engorged himself off politicians who rigged the economy. He knew the scam. He'd end it.https://t.co/ByLxspIpkZ pic.twitter.com/c2udUTLpvk
I've created new charts that show just what an enormous giveaway to the rich the Trump GOP tax plan really is.— Greg Sargent (@ThePlumLineGS) December 19, 2017
They use Tax Policy Center data.
Here's the key one, showing what happens in 2027:https://t.co/ijnySc7FTt pic.twitter.com/gOzs5JG9iI
The new House Tax Plan seems to give unfair tax breaks to large companies instead of supporting middle- and working-class people, disadvantaged groups like our #homeless community, and efforts to develop #affordablehousing. Check out some of these specifics: pic.twitter.com/sCGcRgooTy— National Homeless (@Ntl_Homeless) December 14, 2017
Economic inequality and the future of democracy https://t.co/1qaTNB18Lk— Project Syndicate (@ProSyn) December 17, 2017
We conclude with this as we wish all a #HappyNewYear2018:
“To announce that there must be
no criticism of the President,
or that we are to stand by the President,
right or wrong,
is not only unpatriotic and servile,
but is morally treasonable to the American public.”~ Theodore Roosevelt