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Saturday, June 24, 2017

Wealth Redistribution

It's going the wrong way.

I hope that citizens are watching the operation that is inflicting financial damage on them along with ruining their health while rewarding the robber barons. It is the Republican way, and that is not the American way. If you don't get a grip on this immediately, the nation will not only decline but will erupt into a violent reaction.

Wealthy politicians can only push people so far before they lose their patience and tempers.

"After Mitch McConnell, the Senate Majority Leader, released a draft of the Senate health-care bill, on Thursday morning, the media finally began focussing on the essence of what Republicans are proposing: an enormous redistribution of wealth into the pockets of the already-wealthy. The bill would modify the health-insurance subsidies introduced under the Affordable Care Act and dramatically cut Medicaid, all to deliver a big tax cut to the nation’s richest households. But there’s another aspect of the legislation that has received less attention, and that’s the way it staggers its various provisions and claims billions of dollars in savings that are far from guaranteed."
The New Yorker 

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