Enough has been said by those pundits who oppose any impeachment inquiry into the administration of President Donald Trump, especially those who say impeachment is not supported by the public, those who actually vote or because the republican controlled U.S. Senate would never vote to convict Trump. None of that really matter because it is the U.S. House responsibility to discharge their duties and hold the President accountable for his actions that disregard the constitution and the rule of law that he swore to uphold and defend. The House's oversight responsibility in this case is paramount.
Everyone knows enough about Mueller's report and Trump's ongoing tactics of obstruction and personal attacks against Mueller and others who have testified against the President and the public knows enough about Trump's lies that just roll out his mouth. Everyone also knows about the hundreds of attorneys, judges, former prosecutors, former Presidential lawyers, constitutional lawyers and many other professional people who have written or talked about Mueller's report and their belief that Trump obstructed justice on more than one occasion and other impeachable offenses.
The side shows that speculate on the so called negative side effects of impeachment is only that, a side show. The most important thing for the country, our institutions, way of life and upholding the rule of law and political process is a President who takes the oath of office live up to that oath and a congress that execute its responsibility to hold the President accountable. The present congress can not stand by and allow Trump to destroy the checks and balances of our democracy and rule like a king.
This is the time for courage and the U.S. House must start the impeachment process against President Trump and see it to completion. There is no issue of greater importance.
This commentary written by Joe Lorio
Sunday, June 2, 2019
More Bad News For Trickle Down Economics (Republican Tax Cuts)
Now comes another report, this time by Jeffrey Sachs, a Columbia University Economics Professor and Public Policy Advisor in an article written for CNN and reported by the Huffington Post. Sachs opined that the wealth gap in the United States is what's battering workers, not China. Sachs comments as follows.
(1) Instead of blaming China for this normal phenomonom of market competition, we should be taxing the soaring corporate profits of our own multinational corporations and using the revenues to help working-class households, rebuild crumbling infrastructure, promote new job skills and invest in cutting-edge science and technology.
(2) The most basic lesson of trade theory is not to stop trade but to share the benefits of economic growth so that the winners who benefit compensate the losers. Yet under American capitalism, which has long strayed from the cooperative spirit of the New Deal era, today's winners flat out reject sharing their winnings.
Sachs also reported the following fall out from the Trump tax cuts. Sixty of American top corporations, including Amazon, Netflix, Chevron and IBM paid $0 in federal taxes in 2018. This backs up a previous commentary by PolitiDose how corporate America does not share their financial success and wealth with their every day workers even though it is their workers who suffer the burden. The republican tax cuts and corporate America's attitude toward its workers has made the wealth gap almost permanent. The American worker did better, and the wealth gap was much smaller when corporations tax rates were in the 90% range.
The Reagan, Bush and Trump tax cuts never brought any foreign jobs back to America to make a difference, and this writer feels sure the American people by now know Trump has not closed any of his foreign manufacturing and brought back to the U.S. like he said his tax cuts would do. Readers of PolitiDose are well aware of the failures of trickle down economics and the lies that go with it. The people can change all that in 2020 if Trump is not impeached before then.
This commentary written by Joe Lorio
(1) Instead of blaming China for this normal phenomonom of market competition, we should be taxing the soaring corporate profits of our own multinational corporations and using the revenues to help working-class households, rebuild crumbling infrastructure, promote new job skills and invest in cutting-edge science and technology.
(2) The most basic lesson of trade theory is not to stop trade but to share the benefits of economic growth so that the winners who benefit compensate the losers. Yet under American capitalism, which has long strayed from the cooperative spirit of the New Deal era, today's winners flat out reject sharing their winnings.
Sachs also reported the following fall out from the Trump tax cuts. Sixty of American top corporations, including Amazon, Netflix, Chevron and IBM paid $0 in federal taxes in 2018. This backs up a previous commentary by PolitiDose how corporate America does not share their financial success and wealth with their every day workers even though it is their workers who suffer the burden. The republican tax cuts and corporate America's attitude toward its workers has made the wealth gap almost permanent. The American worker did better, and the wealth gap was much smaller when corporations tax rates were in the 90% range.
The Reagan, Bush and Trump tax cuts never brought any foreign jobs back to America to make a difference, and this writer feels sure the American people by now know Trump has not closed any of his foreign manufacturing and brought back to the U.S. like he said his tax cuts would do. Readers of PolitiDose are well aware of the failures of trickle down economics and the lies that go with it. The people can change all that in 2020 if Trump is not impeached before then.
This commentary written by Joe Lorio
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