1/9/19 - The Hill - “Deficit spikes 41 percent in first quarter of fiscal year - The federal deficit spiked $92 billion in the first quarter of the 2019 fiscal year, a 41-percent increase over the same period of 2018, according to the Congressional Budget Office (CBO).
The GOP tax plan slashed revenues relative to spending, which increased as part of a bipartisan spending deal. Total receipts rose by less than 1 percent, shrinking as an overall share of the economy. Corporate taxes, in particular, plunged $9 billion, or 15 percent.”
I don’t hear this president or any other republican expressing concern about this. I have heard that Mitch McConnell wants to cut Social Security, Medicare, and Medicaid to pay for the republican tax cut that has significantly added to this deficit. An old tune that republicans have sung for years: take care of those with money while screwing over the middle class and the poor.
This President wants the poor to work for any benefits they receive. Where are these jobs going to come from? How are these people going to get to work? When needed, who will provide child care and at what cost? Wouldn’t it make sense for such work to lead to gainful employment? This goal seems unlikely given that most of this ‘employment’ will be nothing more than busy work. If skills development is required: who provides it and at what cost? Republicans had an opportunity to engage in meaningful welfare reform, but did nothing. By the way, this president, and the republicans I have heard, make no mention of the fact that most of the poor who are receiving benefits are already working.
Clearly change is required, but that will be impossible as long as republicans continue to place party before country. Until that happens, we will be stuck with a deteriorating system that leaves many in poverty without hope.