The Truth About Trumponomics | Robert Reich

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  • Опубліковано 27 тра 2024
  • Trump will cut taxes for billionaires and stick you with the bill.
    Here are five things you need to know about Trumponomics.

КОМЕНТАРІ • 1,9 тис.

  • @heronimousbrapson863
    @heronimousbrapson863 Місяць тому +510

    These are examples why corporations favor republican administrations, regardless of how insane the GOP president may be.

    • @davidlafleche1142
      @davidlafleche1142 Місяць тому +2

      We need a Monarchy. Repent ye: for the kingdom of heaven is at hand.

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      This video is lies

    • @MrJestyler
      @MrJestyler Місяць тому +18

      This is partially correct however the democrats are in equally on this. Corporations favor whoever is in power.

    • @ubermenchlicheman
      @ubermenchlicheman Місяць тому +27

      ​@@davidlafleche1142We don't need no stinking kings.

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      They favor the GOP because the Democrats are collapsing the economy

  • @innerlocus
    @innerlocus Місяць тому +604

    We wish this was on the nightly news three times a day instead of how ratings are low for Joe.

    • @grmpEqweer
      @grmpEqweer Місяць тому +28

      I'm disgusted with Biden over {Pal Es Teen,} but I still think I'm ethically bound to vote for him.
      Lesser of two evils.
      ... We're living in an oligarchy with a democratic paint job, I accept that.

    • @grmpEqweer
      @grmpEqweer Місяць тому +17

      And I really wish people would stop watching TV news. It's bad reporting.

    • @KevinThomas-ok2ev
      @KevinThomas-ok2ev Місяць тому +2

      @@grmpEqweer The lesser of two evils is still evil, and will perpetuate the system of evil. You want change? Vote for change. Vote libertarian!

    • @BlablahKia
      @BlablahKia Місяць тому +47

      @@KevinThomas-ok2evRFK isn’t much better and he doesn’t understand science either so unfortunately, he’s not a true third candidate

    • @innerlocus
      @innerlocus Місяць тому

      @@KevinThomas-ok2ev Libertarians better vote for Biden or Trump will take their right to vote as he is a dictator wannabe.

  • @hellhound1389
    @hellhound1389 29 днів тому +31

    As a business owner I saw how I made more under democrats than I did under republicans. Sure I paid more in taxes but I made more money and it made my business stronger. My business almost failed under trump but under Biden I have so much to reinvest in the company and employees

    • @williammoore841
      @williammoore841 28 днів тому

      You must be in the business of spewing bullshit

    • @jeffreygarner1973
      @jeffreygarner1973 26 днів тому +3

      lol this guy has got to be doing something illegal or crazy as sleepy Joe

    • @definitelyhuman3512
      @definitelyhuman3512 25 днів тому +2

      @@jeffreygarner1973 cope harder :)

    • @PhillipG34
      @PhillipG34 17 годин тому

      ​@jeffreygarner1973 you do realize trump is the one who is sleepy. He literally slept in his trial hearings

  • @jeanine1410
    @jeanine1410 Місяць тому +163

    Thank you Robert Reich.

  • @airbrushken5339
    @airbrushken5339 Місяць тому +204

    "Despite the common belief to the contrary, veteran-specific benefits and services fall short of meeting the needs of veterans and their families, many of whom struggle to meet basic needs even with Department of Veterans Affairs (VA) supports!" The Governments always find the money to go to war, but not the funds to pay for their REAL needs. Thank you Robert. 300,000 plus Vietnam Veterans have died from illnesses directly related to their exposure to dioxin (Agent Orange) AFTER they came home and for years both the USA and Australia have fought paying benefits until recently. Sadly so many patriots paid that lack of help with their lives ... "Memorial Day" ... to both governments it's just another holiday.

    • @wellhellothere6347
      @wellhellothere6347 Місяць тому +8

      ALL citizens should get those benefits, not just veterans. Then it wouldn't be an issue.

    • @JJLom777
      @JJLom777 Місяць тому +13

      ​@@wellhellothere6347As far as healthcare goes, you are absolutely correct. 👍

    • @consciousthought9293
      @consciousthought9293 29 днів тому +4

      Thank You! As a veteran, I appreciate your comment.

    • @comentariopolitico1014
      @comentariopolitico1014 29 днів тому

      Stop listening to AOC and NPR! Listen to Fetterman! Biden has to close the borders ASAP!

    • @paulbrungardt9823
      @paulbrungardt9823 29 днів тому +2

      @@wellhellothere6347 Leach---Who id going to pay those taxes--Taxes on companies are a tax on their consumers.

  • @yarnpower
    @yarnpower Місяць тому +345

    Also, when Trump gives those tax cuts to the rich, less federal revenue means less is given to each state, which means they have less to give to cities and towns. So either city services are cut or property taxes go up.

    • @kjquinn7856
      @kjquinn7856 Місяць тому

      I wonder if voters in the Red States (which typically get more in federal government spending than they contribute in tax revenue) realize this.

    • @Square31
      @Square31 Місяць тому +18

      It will be both

    • @antoniehm87
      @antoniehm87 Місяць тому +13

      Or maybe they can just stop funding wars in other countries?

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      Trump already cut taxes this video is lies

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      TCJA closed tax loopholes and raised taxes for the wealthy

  • @RJ-go3sn
    @RJ-go3sn Місяць тому +98

    If "reporters of the news" really had the ability to think without constriction, THIS should be on the news.
    Thank you, Prof. Reich.

    • @louurich9087
      @louurich9087 29 днів тому

      What are you talking about? This has been reported on extensively!
      If you actually paid attention stead of falling back into the boring “media bad” narrative, you might know more.
      Even the Wall Street Journal … which is very pro wealthy, and very conservative… reported on it. Local outlets reported on it, USA Today, The AP, Reuters, the Washing Paton Post, Business Insider, etc..
      Your bad choice of media consumption is no one’s fault but your own, don’t claim no one is doing something just because you are too lazy to check.

    • @louurich9087
      @louurich9087 29 днів тому

      What are you talking about? This has been reported on extensively
      From the AP to Reuters, to Business Insider and even the Wall Street Journal.
      You are just lazy, and fall back on the lazy "media: bad" narrative, because it is easy, and complaining is more fun than actually knowing things.
      So, how about instead of lying about reporters not doing their job, you start paying attention? IF this is the first time you heard of this, YOU are the problem, nobody else.

    • @randomwalksatellite
      @randomwalksatellite 28 днів тому

      Most mainstream media is occupied by pundits who shill out what advertisers and corporations paying their salary want them to say. Shiny teeth & pretty hair models are not making sure you understand all the facts.
      Start asking yourself when you see & hear a broadcast "What is the reason this is important to say right now?" "Where is the info i need to understand X problem and what are my representations, not some wealthy buisnesses, solutions for X?" Notice how little a 24/7 newscycle, across hundreds of news outlets, with millions of viewers, is engaging the public in asking what Americans want to do about X perpetual problems, these businesses make monies convoluting & contriving.
      Write your congressmen, demand action in congress (or fired) regarding what we need to vote on, advocate ideas & changes worth voting on collectively.
      Not dualistic colors of absolutism.

  • @mikemetague7973
    @mikemetague7973 Місяць тому +153

    It's way worse than it seems: As the wealth of the rich expands, the value of the money diminishes, thus making everyone else poorer.

    • @Silver-jv1us
      @Silver-jv1us Місяць тому +7

      You can thank this current admin for that by allowing 80% of total dollars printed within the last 4 years.

    • @mitchellminer9597
      @mitchellminer9597 Місяць тому

      ​@@Silver-jv1usThat's not it. Stop trusting the Trumps.

    • @markbenoit
      @markbenoit Місяць тому +2

      You need to be more critical, gather some facts. Understand the bias of where you are getting your info, read some fact checks.

    • @MPMelo11
      @MPMelo11 Місяць тому +5

      That's called the fixed pie fallacy.

    • @mikemetague7973
      @mikemetague7973 29 днів тому +8

      @@Silver-jv1us : Factitious pablum from Untruth Social obviously.

  • @flatearthisahoax4030
    @flatearthisahoax4030 Місяць тому +413

    Trump is what George Orwell warned us about

    • @hirumbiffidum9145
      @hirumbiffidum9145 Місяць тому +14

      He "meaning Trump" used the EXACT words of the title of the book "Enemy of the People" 😮

    • @DangerAmbrose
      @DangerAmbrose Місяць тому

      Orwell warned about the US military industrial complex shaping a new world order. Big brother arrived post ww2 and we have been living in it ever since.

    • @dustinstoker
      @dustinstoker Місяць тому +10

      I would argue Orwell was referring to the racist military industrial complex

    • @Jimbo-et5jb
      @Jimbo-et5jb Місяць тому

      Have you noticed that every plan they have is aimed at one thing. Making the insanely rich corporations richer and everyone else poorer.

    • @Detrumpificator4377
      @Detrumpificator4377 Місяць тому +9

      George Carlin, Frank Zappa, John Trudell, Russel Means, Henry A Wallace, ect.

  • @georgeberg2106
    @georgeberg2106 Місяць тому +242

    The only bank account 45 is interested in is his own. Winning this election would give him unlimited power to grift.

    • @Jimbo-et5jb
      @Jimbo-et5jb Місяць тому +3

      Facts

    • @andrewgrove1691
      @andrewgrove1691 Місяць тому +6

      That's why he ran for president..pocket his businesses

    • @MLK_Sold_Black_america_out
      @MLK_Sold_Black_america_out Місяць тому

      So why did he insist on loosing money by running for president on multiple occasions.
      Unlike Biden he doesn't need to be in government to make a fortune 😂😂

    • @Roboto8088
      @Roboto8088 Місяць тому +4

      1 Timothy 6:10 - For the love of money is the root of all kinds of evil.
      Even go so far as to become The Biblical Antichrist, as God and Jesus warned up about.

    • @KevinThomas-ok2ev
      @KevinThomas-ok2ev Місяць тому

      And yet Trump’s fortune dwindled significantly during his time in office, while Biden and Obama (not to mention the Clinton’s) became multi-millionaires, all on their meager government salaries.
      “Show me a man who gets rich by being a politician, and I’ll show you a crook.”
      Harry S. Truman

  • @RiiDIi
    @RiiDIi Місяць тому +105

    Casinos: The house always wins.
    Trump: Challenge accepted. I can bankrupt that.

    • @LL-vk9zc
      @LL-vk9zc Місяць тому +9

      The only casino owner who is also a loser - the 'biggest loser in the history of America'.....as Dumbo Don might put it

    • @KevinThomas-ok2ev
      @KevinThomas-ok2ev Місяць тому +3

      You’re forgetting the brothel/casino in Nevada that was seized by the IRS over back taxes. Running it as a government operation, it folded completely and went bankrupt.
      “We’re from the government, and we’re here to help.” The nine most terrifying words in the English language, just as Reagan warned us.

    • @JJLom777
      @JJLom777 Місяць тому +2

      😅😊👍

    • @Detrumpificator4377
      @Detrumpificator4377 Місяць тому +8

      Lets update that to his social media platform that is going bankrupt as we speak

    • @antoniehm87
      @antoniehm87 Місяць тому

      Nah Biden is doing a fine job and beating everyone to bankrupting the house. Largest increase in deficit under Biden in americas history people. Oh and higher prices on everything, chaos in the world. Any democrats face when you list facts 👉🤬

  • @donnaerno1270
    @donnaerno1270 Місяць тому +49

    When I was an English teacher in the Mesa Public Schools district in Mesa, Arizona, I applied for the federal loan forgiveness program. One stipulation was that applicants had to have taught two or three years in Title 1 schools. No, problem, I thought. I'd taught 11 years in Title 1 schools. When my application was rejected, I was depressed. My husband's cousin taught Math and he had his loan forgiven, but not me. Then I heard that only Math and Special Ed. teachers received the loan forgiveness. Later I heard that 93% of teacher loan forgiveness applicants did not get their loans forgiven. What gives, and where did the money appropriated for that program end up? Probably in some congressmen's or school administrators' pockets. Thank you, Robert Reich, for making Americans aware of these problems.

    • @edwardstevens6787
      @edwardstevens6787 29 днів тому +1

      I worked 6 and 7 day weeks for years to pay off my student debt. I didn't twist anyone's arm to take out a student loan, and I don't want to pay for it. I figured out for myself that my aspirations of being an archaeologist were unrealistic, because the cost of my education wouldn't be rewarded by a higher income. If I could make that decision at age 18, why can't these young adults do it today?

    • @vibratingstring
      @vibratingstring 29 днів тому

      @@edwardstevens6787 If you start a business and it fails, bankruptcy allows a start over. That used to be true of college debt too--which is after all a business decision--but in 2005 the redumbicans passed a law giving student loans a special protected status--you cannjot discharge them in bankruptcy.
      THAT is not right. It is a business decision but it is not like the others any longer!

    • @Moabayi-yf6ul
      @Moabayi-yf6ul 29 днів тому +6

      @edwardstevens6787 Then what about the massive aid to Ukraine and Israel? Are those more important than the lives of the citizens who chose to get education? Education should be a right in a country like America. I have had to defer my doctoral program due to fear of incurring debt. It shouldn’t be! If the country could squander billions in Afghanistan why can’t education receive better funding and be made affordable?

    • @cariwaldick4898
      @cariwaldick4898 29 днів тому

      @@edwardstevens6787 It's not about the degree; it's about the costs.
      I know someone who just had his debts forgiven. He studied geology, and got a job working for his state's EPA. He makes $15/hr. He's 62--now he can look forward to retirement. He's been paying the min for years--while he raised a family.
      My son in law just graduated with a degree in emergency management. He's got more FEMA certifications than most. He did an unpaid internship. While there are more disasters and emergencies than ever--he can't get a job in his field. He's working as a school security officer--because those loans come due the day you turn the tassel. It's compound interest, and you can't get rid of them with bankruptcy.
      Lots of people criticize those who carried debt, but no one has a solution that works for today.
      "The average cost of attendance for a student living on campus at an in-state public 4-year institution is $27,146 per year or $108,584 over 4 years."
      Most young people won't be able to pay off 100k in debt in ten years--not even working 7 days a week. This is why most young people realize they won't ever own a home. It's why so many aren't having kids or getting married. With compound interest, these debts often grow faster than they pay them down.
      Why is it okay to allow our younger generations to struggle financially? Deny them debt relief, and we'll STILL be paying for them--just not for their success. We'll be paying for their failures: SNAP benefits, Section 8 housing, Welfare, WIC, Medicaid, and even incarceration. Give 'em a hand up, and we won't be stepping over them sleeping on the sidewalks,

    • @emperorjj1
      @emperorjj1 29 днів тому +4

      @@edwardstevens6787 not everything is cut and dry. People at 18 may be getting educated for jobs that are expected to make higher income but for whatever reason don't. Its also worth noting that the cost of college has skyrocketed. I'm guessing the average cost when you went was much more within reach as compared to a young adult today.

  • @jstnxprsn
    @jstnxprsn Місяць тому +133

    Why didn't you mention the most important part? TFG says he will put a 15% tariff on imported goods. If people don't like high prices now, they'll hate it then. Spread this everywhere.

    • @dustinstoker
      @dustinstoker Місяць тому +2

      Most important is subjective

    • @williamanderson4029
      @williamanderson4029 Місяць тому +10

      You mean like the 100% tariff Joe put on EV's?

    • @grmpEqweer
      @grmpEqweer Місяць тому +3

      ​@@williamanderson4029
      We have to buy the overpriced crap, not the affordable crap!
      After all, the rich want ALL the money.

    • @jstnxprsn
      @jstnxprsn Місяць тому

      @@williamanderson4029 No not like that at all. Biden's tariff is targeted at the competition from Chinese EVs only, as a way of benefiting American car companies while they transition to EV technology. While one can argue about that strategy, it won't affect the economy in general. Unlike Mango Mussolini's general tariff which wil give us hyper inflation and trash what is currently the best economy in the post-Covid world.

    • @jstnxprsn
      @jstnxprsn Місяць тому +3

      @@dustinstoker I meant most important as an election issue. "It's the economy stupid", remember? In actual fact, the preservation of democracy is the most important issue. Most voters don't realize that.

  • @IgorMychalczyszyn-xf4km
    @IgorMychalczyszyn-xf4km Місяць тому +120

    Robert is correct , just look at his record not what he says.

    • @StillPlaysWithModelTrains1956
      @StillPlaysWithModelTrains1956 Місяць тому +8

      Yea, core inflation was around 3%, and Gas was hovering at two dollars a gallon depending upon what part of the country you lived in back in January of 2021... Barry was right; Brandon managed to Fuck this one all to hell...

    • @JJLom777
      @JJLom777 Місяць тому +1

      Look at both. There's nothing to be ashamed of.

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      Robert is a propagandist

    • @fredrikfjeld1575
      @fredrikfjeld1575 Місяць тому +6

      @@StillPlaysWithModelTrains1956 People saved money during covid, because there was less to use it on, so increased spending rises inflation. Russia invaded Ukraine. That increased prices for oil and energy in general. Inflation in the rest of the world is higher, which means that what you buy there is more expensive.
      Of course, during the current president there are more people employed. That as well increases inflation. The same does the fact that the price for life crucial medicine has gone down (though in a small sense) and the fact that many have had wage increases.

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      @@fredrikfjeld1575 Biden let Russia invade Ukraine.

  • @lindapedigo5855
    @lindapedigo5855 Місяць тому +45

    Why is no one talking about the economic hazards of proposed migrant deportations? The effect of inflation in areas such as construction and housing, agriculture and meat packing, will be devastating! Not to mention labor shortages in general.

    • @GonzGunner
      @GonzGunner Місяць тому

      Because racism is paramount to all of the white boys and girls, which Trump exploits. Same age old BS as to blaming some perceived "enemy" for a nation's problems. And as to those same white boys and girls, I don't hear from any one of them about how migrants took their crop picking jobs.

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      Slave labor isn't cool

    • @Jose-sy1je
      @Jose-sy1je 29 днів тому

      You mean when he plans to tear people out of homes and their cars in front of their screaming (then traumatized) kids that were born here? Virtually leaving them with no parents and going into foster care? And doing that on a massive scale with millions of people? Yeah, who will then work in agricultural fields, restaurant kitchens, construction, etc etc. It's scapegoating in its most brutal form. The rich are way too rich and they make you focus on the poor immigrants.

    • @williammoore841
      @williammoore841 28 днів тому

      Wow and the burden of 30 million illegal immigrants getting free handouts while real Americans get slapped in the face
      How ignorant can you possibly be.
      Your rose colored glasses of oppression are clouding reality and truth
      Grow a pair

    • @joshuamccall8043
      @joshuamccall8043 28 днів тому

      Nobody wants to mention how migrants suppress wages

  • @just4guitar558
    @just4guitar558 Місяць тому +52

    With the way Covid was handled, he already killed my savings!

    • @MPMelo11
      @MPMelo11 29 днів тому

      You mean the lockdowns?

    • @payasoinfeliz
      @payasoinfeliz 29 днів тому

      @@MPMelo11 Probably the million dead people

    • @grimsonforce7504
      @grimsonforce7504 29 днів тому +3

      Poor spending habits I actually had money during the lockdowns. Now under sleepy Joe I can barely keep $100.

    • @petersulewski
      @petersulewski 29 днів тому

      @@MPMelo11 pretty sure they mean DJT and Republicans stoking willfully ignorant maniacs to go out and spread COVID instead of handling it seriously at the beginning. GOP tin foil hatters were literally coughing on food at groceries stores because Trump and FOXNews kept telling people it was a hoax

    • @petersulewski
      @petersulewski 29 днів тому +6

      @@grimsonforce7504 Sleepy Joe seems like a weird insult because i've yet to see Biden fall asleep publicly but Trump nods off in court almost every day

  • @DancerGirl-24
    @DancerGirl-24 Місяць тому +151

    but the politically illiterate or intellectually lazy voter won'tj hear this message....are they just willfully ignorant?

    • @KonsoleFaust
      @KonsoleFaust Місяць тому +30

      More like spitefully ignorant, but yes.

    • @alvinbuana5905
      @alvinbuana5905 Місяць тому +16

      let them be. Caring about those people won't really make a different. Better we focus on spreading this video and protect the democracy.

    • @Dontdoit_
      @Dontdoit_ Місяць тому +9

      Yes

    • @IFYOUWANTITGOGETIT
      @IFYOUWANTITGOGETIT Місяць тому +8

      Yes

    • @wellhellothere6347
      @wellhellothere6347 Місяць тому +5

      @@alvinbuana5905 No, you Challenge them. You don't make it easy on them.

  • @patrickjohnmcmahon
    @patrickjohnmcmahon Місяць тому +130

    Praying he goes to jail!

  • @piku5637
    @piku5637 Місяць тому +13

    Will never shut up about normalizing worker owned co-ops and mobilizing unions. Democratize the whole system.

  • @SJP1504
    @SJP1504 29 днів тому +10

    Robert, someone from across the Atlantic pond here. I really like how you show in plain English what would happen.
    Just one thing that really bothers me is that all that Trumpism, it's like a sect... You can't reason with them, they won't even take the opportunity to look at issues from multiple views and even worse they defend it without even questioning what truly has been said and what it really means for their personal situation. To teach the people to see things objectively, then to listen to someone who just says the right words, just to get back into office and let history repeat itself... Something around '39...

    • @chugwaterjack4458
      @chugwaterjack4458 26 днів тому

      The better word is "CULT." However, with the moods and prejudices of so many right-wingers being allowed to surface, Trump can - and will be - replaced, but fools like "Speaker" Johnson are in the wings, ready to go. Just look at the sycophants that lined up outside the recent trial to kiss his, uh, boots, and hope for a blessing.

  • @camelsheit_on_the_walls446
    @camelsheit_on_the_walls446 Місяць тому +45

    *☀️Daily reminder☀️*
    *🔸️Updated🔸️*
    Concerning action that you, the US citizens, can take against judge Cannon.
    Not only her, but also justices Alito and Thomas:
    Glenn Kirschner, in a recent video on his channel titled
    *"Judge Aileen Cannon's Bias Is Showing,"*
    explains step-by-step how every concerned and angry American can file a judicial misconduct complaint form with the 11th Circuit Court of Appeals to insist that Cannon be removed from the case and a fair, impartial, and independent judge be assigned trump's federal case in Florida.
    *Update:*
    In a more recent video (towards the end of it) on Brian Tyler's channel titled
    *"Prosecutor takes on Supreme Court amid new scandal,"*
    Mr. Kirschner urges everyone to also file misconduct complaints (on the same website where you file againstCannon) against justices Alito and Thomas. One form per person.
    What do you have to lose, good people;
    *help make justice matter!!*

    • @camelsheit_on_the_walls446
      @camelsheit_on_the_walls446 Місяць тому +6

      As a World citizen, I wish I could file these complaints myself, since it is in the interest of the entire planet that USA, being the world's most influential country, is as wholesome as possible in every aspect. To that end it is imperative that they hold trump (preferably also his co-conspirators & enablers) accountable and make an example of him.
      The very least I can do (being a foreigner) is to pass on the information about this recourse which Mr. Kirschner presents you Americans with.
      This (spreading the word) is something _everyone_ can do, and I encourage you all to get the word out here on youtube as well as to family, friends, relatives, and acquaintances.
      *Good luck, folks, and thank you!*
      🇳🇴 ♥️ 🇺🇸

    • @camelsheit_on_the_walls446
      @camelsheit_on_the_walls446 Місяць тому +2

      Some may have seen this message posted by another account.
      Both accounts are mine.
      UA-cam banned all comments from this, my original account a while ago, forcing me to use the other one.
      It seems the issue was youtube deciding that my old name "camelshit" is too improper. Cameldung, on the other hand, being acceptable🤔.
      Be that as it may, my name remains a tribute to the wonderful David Bowie. The specific song it refers to is his exquisite "It's No Game (Part 2)".

    • @ibeetellingya5683
      @ibeetellingya5683 Місяць тому

      THANK YOU for this actionable info! Most media are EPICALLY failing to call Americans to act. Voting is NOT enough to maintain, defend, and keep Democracy. DEMOCRACY ISN'T A SPECTATOR SPORT! Sane/decent/unbrainwashed Americans have 160 days left to rise to the challenge before Trump forces rise to deprive us of the ability to do so.

    • @wellhellothere6347
      @wellhellothere6347 Місяць тому

      @@camelsheit_on_the_walls446 You just commented though. Lot's of people are posting this too, or telling about Glenn's video giving instructions. The more who do it the better.

    • @camelsheit_on_the_walls446
      @camelsheit_on_the_walls446 Місяць тому +1

      ​@wellhellothere6347
      It was a hassle to get youtube to quit hiding/deleting my main messages here, though.
      I don't know how many times I rephrased, changed some words, added some words...
      I still now and then need to change some detail or other, as it seems youtube will deem that something is spam if posted several times.
      And yes, the more people who tell about Glenn's video, the better!

  • @user-bh1se9hn9j
    @user-bh1se9hn9j Місяць тому +130

    Tax cut is for his benefits

    • @JJLom777
      @JJLom777 Місяць тому +11

      And the people putting money in his pockets.

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      Lowest unemployment in 50 years

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      For all of our benefit

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      We all benefit

    • @whiteknight9429
      @whiteknight9429 29 днів тому +4

      2 weeks before that tax cut was put in (tax cut act of 2017), there was a special provision put in for partnership companies that allowed then DJT to claim those tax cuts for his businesses. And the guy who put that special provision in was none other than Steven Mnuchin.

  • @zacharyb2723
    @zacharyb2723 27 днів тому +5

    Even I didn't know Trump tried to cut social security and medicare - can we scream THAT from the mountaintop? Seems like a good campaign strategy

  • @coraltown1
    @coraltown1 28 днів тому +8

    if Trump, economy will take a dump.

    • @Bobcat9
      @Bobcat9 10 днів тому

      Um, 20% inflation in the last 3 years is a good indicator of poor economic leadership, only stupid, delusional people will think otherwise. Name one thing that was bad/wrong with the economy under Trump. Joe Biden repeatedly says that he "inherited" 9% inflation. That's false. Inflation was 1.4% in 2020/21. How's that "Inflation Reduction Act" working out for us? Was that Trump, or Democrats who championed that? Even Janet Yellen herself, in sworn testimony in congress said, "the IRA does little to lower inflation."
      Go take a look at how much the national debt has increased in these Biden years, and take a look at the trillions in budget deficit championed by Democrats, then tell me whose leadership is responsible for the current dump economy we have now.

  • @spir5102
    @spir5102 Місяць тому +14

    What about the deductions we used to be able to take, like deducting our tax preparation fees?

    • @Tatefootball83
      @Tatefootball83 29 днів тому +5

      Here's the right way to cut taxes:
      Remove taxes from:
      - [ ] Social security income
      - [ ] Unemployment income
      - [ ] Tips
      - [ ] credit card interest
      - [ ] Car loan payments
      - [ ] Student debt interest payments
      - [ ] Groceries!
      All of these things used to not be taxed, but then suddenly were taxed in the reagan administration to pay for their "trickle down" tax cuts for the rich.

    • @spir5102
      @spir5102 29 днів тому +2

      @@Tatefootball83 exactly. And my property taxes go up every year. They know there’s not much we can do about it.

    • @blessingliberty-lr3nt
      @blessingliberty-lr3nt 28 днів тому +3

      ​@@spir5102 that's a state thing. More charter and religious schools are now supported by our tax dollars and don't have to allow kids with special needs.

  • @potrelviewer9536
    @potrelviewer9536 Місяць тому +33

    Rich people can't exist without poor people. No wonder why there's not one movie with the premise of "rich guy wakes up in a dead world, and slowly goes insane while discovering the harsh truth beyond his golden-veiled comprehension". Kinda like "I am a Legend", but with Bill Gates waking in a Mad Max world, but a billion times worse.

    • @velisvideos6208
      @velisvideos6208 Місяць тому +3

      Very profound! The rich cannot exist without the poor. Therefore, to create more Gigarich we must produce a lot more Poor, a lot more than a lot. And we seem to be very successful at that...

    • @grmpEqweer
      @grmpEqweer Місяць тому +1

      ​@@velisvideos6208
      Exactly.
      Markets aren't static or totally finite things, but generally? A gain somewhere usually means a loss somewhere else.
      ... Unmoderated capitalism consolidates wealth into fewer and fewer hands over time.
      Money = power coupons.
      Capitalism, unless heavily regulated, becomes neo-feudalism.
      ...Like the USA in the late 1800's?
      Life in many "company towns" was more or less debt serfdom.

    • @KevinThomas-ok2ev
      @KevinThomas-ok2ev Місяць тому

      So write the book and do the screenplay. If it’s successful, then you too can be one of the rich and show everyone how it’s done.

    • @mymobilebuddy4392
      @mymobilebuddy4392 29 днів тому

      I heard a study one time---- For every 1 billion a person earns 100,000 people have to go into poverty.

    • @alanhilder1883
      @alanhilder1883 28 днів тому

      There was a book, a long time ago, 30-40 years ago, called Stark.
      The rich knew that the earth was being destroyed by their practices but to fix it they would lose some profits.😯
      So they secretly built a moon base and some rockets to get themselves ( plus one, not necessarily the wife ) there.
      The world died, but the rich didn't have anyone else to do the work. The final scene was the main rich character opening the airlock to have a walk outside...

  • @user-yu8jg4lu2u
    @user-yu8jg4lu2u 29 днів тому +5

    5 facts you need to know about Trumponomics
    0:12 1. Tax cuts for the rich
    0:45 2. Cuts to Social Security and Medicare
    1:19 3. More junk fees
    2:08 4. Soaring healthcare costs
    2:50 5. No student debt relief

  • @stargate8843
    @stargate8843 29 днів тому +4

    Two amazing very similar economic curves: Record Government debt and record Corporation Profits.

  • @alanhilder1883
    @alanhilder1883 28 днів тому +5

    Those at the top just want to take us back to the 50's, the 1850's. The time that Dickens wrote about, The rich at the top having no rules against them ( maybe pay minimum tax at a push ) while to "lesser people" were completely disposable, ( You got injured at work, your fired, there are plenty who need that job ).

    • @hiccup1dt102
      @hiccup1dt102 15 днів тому

      And at the very top is Biden, while the great majority are suffering the stock market is breaking records and the MSM tells us we're doing excellent and are just to stupid to know it and how lucky we are to have mein Fuhrer, sorry, Joe Biden to thank for our surging economy. Let's go Brandon!

  • @VulcanData84
    @VulcanData84 29 днів тому +4

    The Affordable Care Act Saved My MAGA Dad! Apparently, he couldn't pull himself up by his bootstraps

  • @babybijou969
    @babybijou969 Місяць тому +25

    The Art of the Raw Deal

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      That must be why America was doing so good during his presidency

    • @omicron2018
      @omicron2018 29 днів тому

      Can't wait for the sequel: "The Art Of The Raw Dog Deal."

    • @albertlykes629
      @albertlykes629 29 днів тому

      I heard that there's a special edition coming out:The Art of the Raw Deal:Bigly Edition

  • @dirkwiersma6238
    @dirkwiersma6238 Місяць тому +9

    Great again and sooo true. And I don't understand why something that is called an 'entitlement', can be up for debate. You paid for it, you're entitled to it. You did not pay all those years to help the government fix their budgetary mistakes! And calling it a budgetary mistake is mild! Especially not when the debt got increased, benefitting the only group that doesn't need any tax cuts. From The Netherlands to the US ... Paint the legislative and executive branch totally blue 💙 and work on changing the judicial branch as they are the joke of the world (next to the Republicans in the House). How can judges and justices rule in such partizan ways? A judge should be above any political party and not serve one ...

    • @tomlineberger
      @tomlineberger Місяць тому +2

      I agree with you! Social Security in the USA is paid for by all of the workers during their lifetime! It is not an "Entitlement"

  • @timmarshall7292
    @timmarshall7292 Місяць тому +21

    Trillions in revenue, trillions in spending and miltiple trillions of debt; How's that working out for the Poor and Working Class?

    • @kjquinn7856
      @kjquinn7856 Місяць тому +9

      In Obama's first year in office, my mother-in-law proclaimed "he's spending us into oblivion - look at national debt!" I responded, "you weren't upset at the first $9 trillion run up under Republicans. Why does the tenth trillion concern you when we're in the midst of the worst crisis since the Great Depression?" She had no answer...and yes, she watched only Fox News!

    • @timmarshall7292
      @timmarshall7292 Місяць тому +2

      ​@@kjquinn7856I am not Red or Blue; they mirror each other in a quest for treasure and power; big gov and big corp are best friends.

    • @Tatefootball83
      @Tatefootball83 29 днів тому

      I want to cut spending AND increase revenue... the RIGHT way.
      Why is it that the Two-Party System screams about spending and the debt but they don't want to stop the ***billions we give in oil subsidies?***
      Why don't they say anything about ***Medicare Advantage companies STEALING from Medicare*** by double or triple-billing to the tune of BILLIONS of dollars?
      They throw money at the DOD with zero oversight. Read about the time we ***paid $52,000 each for TRASH CANS.*** For half of the country, that's more than you make in an entire year! For ONE trash can!
      We pay ***$777 billion each year to health insurance companies. And they RAISE PRICES AND DENY US COVERAGE ANYWAY!***
      Republicans blame Democrats for "spending too much" but they don't want to ACTUALLY reduce spending on ACTUAL wasteful spending on giant corporations... just working people.
      Democrats don't ever seem to want to cut spending, because they're ALSO in the pockets of giant corporations.
      Neither side really wants to ACTUALLY tax the rich, which even 60% OF REPUBLICANS want.
      We CAN cut spending.... and we can raise revenue... and we can do it without hurting working people.
      But we HAVE TO STOP LISTENING TO THE LIES OF THE TWO PARTY SYSTEM! They are both BOUGHT by corporations.

    • @altrag
      @altrag 29 днів тому +1

      Why the non-sequitur? You can (and depressingly many do) build a terrible nation with far less than "trillions" in any of those categories, and you can likewise build a good nation despite them. It's not about how much you've got, it's about how you use it.
      Reagan's choice for how to use it was taking as much as possible from the middle class and giving it to the already-wealthy, and nobody with enough power to do so has bothered to choose differently in the four decades since.

    • @timmarshall7292
      @timmarshall7292 29 днів тому

      @@altrag Your saying the Aztecs and Incas built huge empires with well paid Union Labor???
      Reduce both power and treasure and you will see lobbyists leave dc and the career politicians, who are back in power, begin to retire.

  • @grizzlytastov2945
    @grizzlytastov2945 Місяць тому +15

    He raised my taxes. He was ONE vote away from taking my healthcare.
    Now he wants to raise prices on most goods by 10%.
    Not on my watch! Donate, canvass, phone bank, call your representatives until they're sick of hearing your voice.
    We cannot allow this man to ever be anywhere near the White House again!

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      Trump cut taxes not raised them

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      The exact opposite is true

    • @Bobcat9
      @Bobcat9 10 днів тому

      Well, Joe Biden already inflated our currency by 20% in just 3 years. If everything is Putin's fault, Trump's fault, or the pandemic, begs the question, who's in charge? Go ahead, cry about what didn't happen, what you speculate might happen, but our money is worth significantly less and if Joe Biden's leadership isn't sufficient to bring about prosperity, then what is his leadership worth? "Pay your fair share" said the man whose own son is getting away with not paying his fair share. "A little bit of breathing room" is all we get, but billions we don't have spent on proxy wars, which Biden has yet to solve or quell, is acceptable to you? Remind me how many million barrels of oil from our SPR was sold to China? Remind me how many billions we have given to Iran, a known supporter of terrorism, because people like you think money is not fungible? Reminder, it was Trump who championed the Abraham Accord, literally brokering peace in the Middle East, which was promptly sidelined when Joe took office, and now we have another war in Israel, costing us billions we don't have. Tell me again how Biden should be given another term and why we cannot allow Trump anywhere near the WH again.

  • @bleebu5448
    @bleebu5448 26 днів тому +4

    My taxes definitely went up after the T-Rump tax cuts.

    • @Bobcat9
      @Bobcat9 10 днів тому

      Well, 20% inflation of our currency in just 3 years is a shadow tax on all of us.
      Is your home and car insurance more or less in the last 3 years?
      Are building and mechanic labor and those material costs more or less in the last 3 years?
      Are fuel and energy costs more or less in the last 3 years?
      22oz cans of Arizona and Peace tea have been 99¢ for the last 20 years. Now they're at least 50% more. Is that a consequence of tax cuts, or poor economic leadership?
      Name one fast food restaurant that still has anything on its dollar menu that's only $1.

  • @allanarellanes1726
    @allanarellanes1726 29 днів тому +3

    I don’t follow Reich often. Has he discussed Trump in his ultimate wisdom wanting to have more authority of the FDIC? A guy with multiple bankruptcies deciding monetary policy? What could possibly go wrong?

  • @Teabahgeue
    @Teabahgeue 29 днів тому +4

    PLEASE, for the love of all that is sane and rational Mr. Reich, make a video that talks about CA, its problems, and Gov. Newsom. As a resident of CA, I am fed up of the insane amount of criticism directed towards the state and Newsom, with *NOTHING CONSTRUCTIVE*, just shit-talking about anything and everything not red.

  • @Debate_everything
    @Debate_everything 29 днів тому +4

    You forgot to mention the tariffs that Trump has announced that he would impose on all Chinese imports. Which, considering that nearly all American manufacturing has been pushed overseas to China and Mexico it means that those tariffs directly to an increase in cost of the goods that you buy. Because the conservative part of America has allowed and continued to defend corporations passing those and expenses onto the consumer.

    • @Bobcat9
      @Bobcat9 10 днів тому

      And who do you think has been the champion of Chinese imports over domestic production? Dang sure wasn't Republicans.

  • @MIKE-oq6su
    @MIKE-oq6su 29 днів тому +6

    Has anyone else noticed credit card interest rates! when I was a young boy they called these rates loan sharking rates 20 and 25% !!! Now its considered to be normal, I dont think they care about us at all anymore.

    • @Kritiker313
      @Kritiker313 29 днів тому +2

      You're correct, they don't care.

    • @chugwaterjack4458
      @chugwaterjack4458 26 днів тому

      When the bill to cap credit card increases passed, there was a grace period in it. During that period, EVERY one of my credit card companies raised my interest rates in spite of perfect records, in one case, from 5% to 29.9%!

    • @lindaevans3815
      @lindaevans3815 19 днів тому

      I had a credit card once, for a Short time. The credit card company was crooked. I think they all probably are. I pay cash only now. much easier, no surprises. And for those that say living without a credit card cannot be done, yes it can be done. I'm Doing it. While paying my land payments, putting up my solar system. I install my own.
      No contractors. other ppl are living without credit cards too.
      Amish do it as well.

    • @Bobcat9
      @Bobcat9 10 днів тому

      And let's not forget how home loan rates went from about 3% and below (I got 2.75% in February 2021) to 6.5% and higher in the first two years of Biden.

    • @Kritiker313
      @Kritiker313 9 днів тому

      @@Bobcat9 Lucky for you that Trump lost the election.

  • @stephencurry8552
    @stephencurry8552 Місяць тому +6

    The average Billionaire, the few that actually pay federal income tax are at 8 per cent! Do you not wish you only paid 8 per cent?

    • @player627
      @player627 Місяць тому

      Where did you get that figure?

    • @stephencurry8552
      @stephencurry8552 Місяць тому

      @@player627 I believe it was on one of his videos.

    • @player627
      @player627 29 днів тому

      @@stephencurry8552 then it must be the truth.

    • @player627
      @player627 29 днів тому

      @@stephencurry8552 I did the research myself. The 8.2% came from a report published by Biden’s White House which included unrealized gains as income, which has never been deemed “income”. But go ahead and spread the lie if it fits your narrative.

    • @stephencurry8552
      @stephencurry8552 28 днів тому

      @@player627 I read the FT, the NYT, WaPo, the LAT and the WSJ daily. What do you read sport? Do you pay for any subscription to either financial or economic information? I wager you do not. Hey, how about we meet face to face and you try to mouth off to ne in person...

  • @katherinecooper6159
    @katherinecooper6159 28 днів тому +3

    "Obama Care" is not a disaster. I just hope people realize this before they jump on the trump train to neverland!

  • @mikes2082
    @mikes2082 Місяць тому +2

    Inflation under control. Record profits for retail, record dividends paid out to shareholders and record CEO pay/bonuses. THAT is what consumers are paying for

  • @player627
    @player627 Місяць тому +16

    All low and midrange taxpayers are in for a surprise when the Trump tax cuts expire in 2025.

    • @zedmelon
      @zedmelon 29 днів тому

      And 100% guaranteed Sean Hannity will say Biden "raised" taxes instead of telling the truth.
      And millions with the attention spans of goldfish will believe him.

    • @zedmelon
      @zedmelon 29 днів тому +1

      And Sean Hannity will leave out the part that everyone paying attention knew it would happen.
      He'll tell everyone that Biden "raised" taxes, and millions of people with short attention spans will believe him.

    • @altrag
      @altrag 29 днів тому

      Sure, but they'll just blame Biden for it. Or at least try to. That schedule was planned with the expectation that Trump would serve two terms and then there would be a flip, as that's by far the most common scenario when it comes to presidential elections in the US. Ideally (by their reckoning), they could ride out the wave of "low taxes" and have the spike hit just long enough after a Democrat takes office that they could "plausibly" lie about why there's a sudden tax increase.
      Trump's failure in 2020 kind of screwed that plan up. It'd still work if Biden retains the presidency (might even work better as there's a larger time frame to lie about) but if Trump wins they're going to have that much harder of a time. They'll still try to blame Biden of course, but the timing they chose for the purposes of a "plausible" lie goes both ways - Trump will have been in office long enough that the lie will be harder to push.
      Of course Trump's got a saving grace on that front - he's likely to make everything else so terrible that a tax increase is the least of peoples' problems.

  • @dmerls8571
    @dmerls8571 Місяць тому +13

    It's really all Republican politicians, not just Trump. The party consistently doubles down on all policies that hurt the economy and quality of life.

  • @jannetteberends8730
    @jannetteberends8730 28 днів тому +3

    You forgot his plan for 10% tariffs on all imports. That will not only rise the price of imported goods, but also the price of products made in the USA, that have imported parts.

    • @chugwaterjack4458
      @chugwaterjack4458 26 днів тому

      Right on. Who do you think pays those tariff increases. Certainly not the sending country, nor the receiving country, but YOU, the consumer.

    • @Bobcat9
      @Bobcat9 10 днів тому

      Did you ever stop to contemplate and understand the far reaching effects of whatever the tariff rate is? Increasing tariffs on imports promotes growth domestically, which is necessary to sustain economic independence. How many things in your house say "made in China" versus "made in the USA" ?? Meanwhile, in just 3 years, Bidenomics has managed to inflate our currency 20%, which makes everything more expensive, not just imported goods. Worry less about what the tariff is and worry more about how much less our currency is worth because of runaway spending of money we don't have and perpetual budget deficits in the TRILLIONS.

    • @jannetteberends8730
      @jannetteberends8730 9 днів тому

      @@Bobcat9 first inflation was all over the world, not specifically in the USA.
      Second the inflation in the USA is already down to a sound 2%, that’s better than other peso countries. And lowering it further would harm the economy like in Japan.
      Third only it’s stupid to want the low paying jobs back. I’m from the Netherlands, we used to build ships, until Japan took over, and after that Korea. We built now super luxurious yachts. It’s not about production, it’s about adding value.
      Fourth: you’re not up to date, cheap labour production is already shifting away from China to South America. And that must please you, less economic immigrants.
      Fifth: what about imported parts in the domestic production?
      What about flowers?

    • @Bobcat9
      @Bobcat9 9 днів тому

      @@jannetteberends8730 Joe Biden is in charge of the most traded currency in the world. And he inflated it 20% in 3 years. Fact.
      The fact it is lousy elsewhere is not an excuse for poor performance from the most powerful office in the world. Democrats love to forget, they never mention that inflation is cumulative in their arguments.
      Joe Biden did the opposite of lead. He capitulated to revenge politics.
      Fact number 1: he abdicated leverage on global oil markets, cutting off our own cleaner, cheaper, closer supply with our friendly neighbors on the same fukking continent. He did so in favor of adversaries like Russia, Iran, BRECS and OPEC harvesting and refining and delivering and dispensing their dirtier, more expensive, and further away product
      Reminder, it takes petroleum, to operate every train and truck, and the cost of that is compounded and multiplied every time the price of fuel to the end user, goes up, even when that end user is a bank of giant diesel
      engines powering ocean tankers arriving in US ports.
      A good leader would have navigated us to an increase in value, or at least hold steady. Everything in our nation is worth less, or costs more, and the cost of petroleum is inextricably linked to the value of our currency, any day, year over year. Ignoring that and blaming our economic performance on others, like Putin, or the pandemic, is a huge error in your logical conclusions.
      Whose fault are all the outcomes/consequences of Trump’s years? They’re all his, right? Trump gets the blame for shiit he never did, never says, never meant, and certainly the things he did do.
      Now Joe. Whose fault are all the outcomes/consequences of these Biden years?
      Not his. It’s all Putin’s fault, Trump’s fault, the pandemic, Republicans, MAGA. Joe’s not to blame for a dang thing apparently.
      Our money is NOT worth more, everything costs more, literally everything. Imagine, average of 1% inflation for 20 years. Then imagine the difference in leadership when that same 20% comes in only 3 years. Then go look up how much money we’ve bought from the printers, aka The Fed aka the money tree… that service isn’t free. It costs us money, and the more they print, the more everything loses value.
      He had one job. Lead the way in exceptional, excellent world class leadership that paves the way for other nations to emulate. Instead, we’re a laughing stock, beset by homemade crisis after crisis.
      According to you, inflation all over the world is to blame for Biden’s poor performance. Meanwhile, all we get is “a little breathing room” - sounds like a winning strategy to me, how bout you? Are you happy with that? How much do we pay in taxes, for “just a little bit of breathing room”
      Reminder, brokering peace between Russia and Ukraine doesn’t have to cost hundreds of billions. Just the cost of hosting or attending a handful of decisive, productive, resolutions reached between leaders.
      Joe Biden is the worst, and the proof is on TV every day. “Pay your fair share” said the man, repeatedly, whose own son plead guilty to not paying his fair share. Then his sweetheart, way above the law plea deal he got, collapsed because he got too greedy, wanted immunity from future crimes.
      Now he pleads not guilty, and remains above the law every day he’s not prosecuted for EVADING the payment of his fair share, which coincides with millions in secret money, payable just because he’s a Biden.
      Meanwhile, Joe seems to think the pandemic happened when he was VP. Repeated that statement a couple 3-4 times now. Never corrected himself. Just repeated it, like it’s somehow true.
      Ask Joe what he was thinking when his son Beau was delivered home after dying on duty in Iraq.
      Oh wait. Beau Biden died in a hospital in Maryland. He returned home on his one two feet, not dead, not in a casket.
      Seriously, Joe has said 3 separate times, that Beau died in Iraq.
      It’s not Joe’s fault the onset of his dementia coincides with his presidency. It’s YOUR fault for ignoring that flaw of his, and asking for 4 more years of this shiit show.

  • @davidgruver2860
    @davidgruver2860 20 днів тому +2

    What would really help would be if millionaires and billionaires would lose their tax write-offs for depreciation who gets a tax write-off for depreciation we don't for your cars you're buying for the corporations

  • @bikebudha01
    @bikebudha01 29 днів тому +3

    ROBERT FORGOT TRUMPS 10% IMPORT TAX ON ALL GOODS... How did Robert not include that in this list?!?!?

  • @user-sr8lf5um8p
    @user-sr8lf5um8p Місяць тому +7

    Health insurance premiums are already going up double digits. Last year we were at $2,053 per month. This year it went to $2,422. That's 18% increase in 1 yr. I'm not sure it will matter who is in office.

    • @SarahRenz59
      @SarahRenz59 29 днів тому +1

      @user-sr8lf5um8p You are correct in the sense that the president can only do so much. That's why it's so important to vote the entire ballot and pay attention to all political races, not just POTUS. Also, remember that your local and state politicians are your "farm team." They are the ones most likely to advance to running for the "majors" (Congress and POTUS), so pay attention to and VOTE in your local/state elections.

    • @VulcanLogic
      @VulcanLogic 29 днів тому +1

      Odd because here in California, my health insurance premiums went down. I know some friends who had theirs go up, but by 4%, not 20%. What state are you in?

    • @user-sr8lf5um8p
      @user-sr8lf5um8p 29 днів тому

      @@VulcanLogic WA

    • @VulcanLogic
      @VulcanLogic 29 днів тому

      @@user-sr8lf5um8p Yeah it looks like you're right, they were higher in Washington. Not sure why there's such a disparity. Might be threat of single-payer we keep brining up but never do.

    • @Boris80b
      @Boris80b 23 дні тому

      Yep, corporate Dems are only slightly better on healthcare than Republicans. Very few politicians are interested in controlling healthcare costs. They are good at coming up with excuses why the system "can't" be made better.

  • @Grayraven777
    @Grayraven777 14 днів тому +1

    Now here, is a " Unified Reich " well done.

  • @popcultureprogrammer2171
    @popcultureprogrammer2171 29 днів тому +3

    For a guy that says he's against the deep state, he really likes their policies

  • @koblerville923
    @koblerville923 Місяць тому +19

    Can you do a video on Bidenomics so we can compare it point by point with Trumponomics? Is Biden better for middle class tax payers? And what about saving social security and medicare? Combatting rising medical costs? A point to be made would be that MAGA followers are voting against their self interest.

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      False.

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      The exact opposite is true.

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      Biden gave trillions to the largest corporations in America

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      Trumps economy was much better

    • @joshuamccall8043
      @joshuamccall8043 28 днів тому

      Maga voters were alive during the trump economy and it was a lot better then Biden's economy

  • @hugh261
    @hugh261 Місяць тому +4

    Yes, but the excessively brand identified can't see behind the label, which hides these issues.

  • @patmischel6883
    @patmischel6883 28 днів тому +1

    We got to get rid of Dump once and for all. I am walking a financial tight rope now. High electricity bills and paying off car repair bill.

  • @valerierosario491
    @valerierosario491 Місяць тому +4

    Thank you,sir! Everyone needs to hear this!

  • @eolle43
    @eolle43 29 днів тому +3

    Given that personal saving rates as recorded by the fed are very close to all-time lows, American's savings have already been destroyed. This is probably more due to the Chicago School of economics (Friedmann/supply side) over the last 40ish years than just Trump. Why not undo the Trump tax cuts instead of modifying capital gains to hurt the small "meme stock" type of investor (i.e. 100% increase in short term capital gains).

    • @Bobcat9
      @Bobcat9 10 днів тому

      20% inflation in just 3 years is the number one reason debt is so high and savings are so low. Tell me again who has been presiding over our economy the last almost 4 years?
      If it's all Putin's fault, Trump's fault, or the pandemic's fault, then who's in charge of the economy? Can we blame Biden for deflation and prosperity? No, we cannot.
      Reminder, Joe wants to make sure you pay your fair share, but his son doesn't have to. No consequences for him who deliberately avoided paying his fair share, and no consequences to the DoJ who knew, and failed to prosecute his tax-dodging before the statute of limitations ran out.

  • @giantessmaria
    @giantessmaria 28 днів тому +9

    this past 4 years, my cost of living has never been worse. hard to call out the other party when your own party hs presided over the worse inflation in half century!

    • @definitelyhuman3512
      @definitelyhuman3512 25 днів тому

      i've said this to a couple of other people, but the reason that inflation is so bad is because biden has been acting pretty fiscally conservative by doing things like not going after some of the major culprits of inflation, that being corporations who have been artificially raising the prices of things. Considering who trump is, the inflation will be the same or worse.

  • @montyiscool11
    @montyiscool11 27 днів тому +1

    Thank you for pointing out the truths people seem to be forgetting.

  • @drsingingeagle
    @drsingingeagle 29 днів тому +2

    Aha! Finally someone said it! After the Trump “tax cut,” I ended up _owing_ income taxes for the first time in my life.

    • @ryanbarclay7939
      @ryanbarclay7939 27 днів тому

      I've been owing every year since 2017 or so! Where's my tax cuts?!

  • @JustAThought1000
    @JustAThought1000 29 днів тому +4

    It wasn’t wrecked a few years ago.

  • @jfmax2000
    @jfmax2000 Місяць тому +11

    I Truly Hope Any Trump/GOP Supporters/Voters That Come Across This Upload Watch it (Not That Many of Them Probably Even Have Bank Accounts or if So Probably Not Much Money in Them)

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      This video is economically and factually untrue.

  • @leaf16nut
    @leaf16nut 29 днів тому +2

    I love how the video shows Trump chasing after the piggy bank, we all know he ain't doing any running 😂😂

  • @aaronjjacques
    @aaronjjacques 29 днів тому +3

    Except if you limit late fees you force banks to shift the revenue generation to things that effect everyone like interest rates. There is no saving you just get to decide which people to hurt. Everyone or people who dont pay tgeir bills on time. You know how to avoid late fee pay your bills on time.

    • @Boris80b
      @Boris80b 23 дні тому

      Excuses

    • @aaronjjacques
      @aaronjjacques 23 дні тому

      @Boris80b how is it an excuse? Robert's /biden's benefit is based on the flawed premise that the greedy corporations that he is complaining about being greedy will choose to sacrifice profits rather than move revenue generation to another fee
      How exactly is pointing out that fundamental flaw in the dumb ass in chief logic an excuse?

  • @burlingo
    @burlingo 28 днів тому +3

    End this nightmare! VOTE BLUE!!! 💙💙💙

    • @nadominhoca
      @nadominhoca 25 днів тому

      Hahaha... yeah yeah.... because life is amazing currently right?!?! 4 years of Dems running the show... what is the excuse?!

  • @Dan-yp2tu
    @Dan-yp2tu Місяць тому +3

    Trump would find a way to reverse student debt forgiveness.

  • @peterlarsen7779
    @peterlarsen7779 29 днів тому +2

    For the rich, anything that has to do with them parting with their money is a disaster of epic proportions...unless it's because they're buying OTT crap that they don't need for anything else than bragging.

  • @danielgarland9838
    @danielgarland9838 Місяць тому +6

    !00% spot on!!

  • @garyhenderson7334
    @garyhenderson7334 Місяць тому +16

    All I have to do is look at the graph of my IRA to see that Democrats are best for the economy. The only real threat to Social Security is the republican party. When the laws require that rich people pay their fair share America will be in a much better place. Also speaking of Romney care, there have been many promises of "cheaper and better" yet I have seen no real plan.

  • @jessejames586
    @jessejames586 24 дні тому

    People need to hear this! This should air on network TV.

  • @aaronjjacques
    @aaronjjacques 29 днів тому +1

    Trump tax cut was accelerated depreciation. Basically, you get to take 100% in year 1 by giving up the deduction in years 2-10.

  • @Eastcoastbeachgirl
    @Eastcoastbeachgirl Місяць тому +21

    You forgot the cost of larger families because of all the forced births.

    • @debbiehart7560
      @debbiehart7560 Місяць тому

      And, now they want to ban birth control!!!

    • @suzannepottsshorts
      @suzannepottsshorts Місяць тому +3

      With no health care, we'll go back to needing lots of kids to ensure one or two survive to adulthood 🙄🤦🤬🤬🤬

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      Where do you get these false narratives

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      This is not reality

    • @williammoore841
      @williammoore841 28 днів тому

      Does your family have a history of inbreeding . Do you even realize how ignorant your post is? Who has been forced to have a baby, show me just one example of a women being forced by our government to have a baby please
      Just one

  • @OrdinaryG33K-SF
    @OrdinaryG33K-SF Місяць тому +18

    Shame this video will only be watched by people who already understand all this. His supporters would never even watch this.

    • @judynewman2485
      @judynewman2485 Місяць тому

      And if they did, they wouldn't believe it. They only believe what they see on Fox or the like.

    • @bteasley99
      @bteasley99 Місяць тому +2

      I support Trump. His tax cut for the "rich" raised the standard deduction to $25,000 for EVERYONE. That means about $10,000 additional of your income was excluded from taxation. That probably put $2000 in your pocket, EACH YEAR, and will, until the cuts are allowed to expire.

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      This video is lies

    • @yourdaddy-mq4km
      @yourdaddy-mq4km 29 днів тому

      Its lies

    • @yourdaddy-mq4km
      @yourdaddy-mq4km 29 днів тому

      Its misinformation

  • @blairsterling6141
    @blairsterling6141 29 днів тому +2

    This should be a commercial on TV 5 times, each night on the 3 big stations.

  • @user-dy3le2fy6h
    @user-dy3le2fy6h 28 днів тому +2

    My taxes went up after 2017

  • @lewissimpson4020
    @lewissimpson4020 28 днів тому +5

    I cannot afford 4 more years of double digit inflation. My big social security raise was just over 3%..

  • @StevenCovey-ct3sx
    @StevenCovey-ct3sx 28 днів тому +6

    Reich is a multi millionaire who fought tooth and nail to keep low income housing out of his neighborhood. 😢 the worst form of hypocrisy.

    • @johnhyde7297
      @johnhyde7297 28 днів тому

      Typical marxist...."All of you people...live over there" We...the leaders will live over here...in the "gated" community....and send out dictates....

  • @timmkrutzfeld6323
    @timmkrutzfeld6323 29 днів тому

    How many people dont understand this is mindboggling... This hopefully helps to educate people and enables them to make the right decisions in the future...

  • @Lonovavir
    @Lonovavir 29 днів тому +2

    Jokes on you, my bank account is already a wreck.

  • @jamesheath5825
    @jamesheath5825 29 днів тому +10

    Let me tell you buddy i don't have anything left in my bank account thanks to joey there is nothing left FJB

    • @petersulewski
      @petersulewski 29 днів тому

      lol you're probably decked out head to toe in MAGA merch and donated thousands to Trump's legal defense funds but can't understand why you have no money

    • @blessingliberty-lr3nt
      @blessingliberty-lr3nt 28 днів тому +1

      Oh please give me details

    • @jamesheath5825
      @jamesheath5825 28 днів тому

      @@blessingliberty-lr3nt I am on 73 on SS people like me the gas prices have basically home bound me food is so high meat now is a luxury my house payment keeps going up going out to eat is a thing of the past when trump was in office I could go out and eat once a week I just pray my car doesn't break down because I have had cancer 4 times I am a Vietnam veteran and have to get to the V A hospital do I really need to go on Biden is the worst I have seen in my life time anyone who votes for him needs to seek help he has distroyed america as I knew it especially with the open border FJB

    • @jamesheath5825
      @jamesheath5825 28 днів тому

      @@blessingliberty-lr3nt with high inflation I have no bank account the amount of money joey is giving away is ridiculous I am a 73 year old Vietnam veteran on SS barley getting by especially with the open border it will only get worse FJB

  • @user-ut2qv5jw3i
    @user-ut2qv5jw3i Місяць тому +5

    Robert, you hit your little pink piggie with a hammer. No more pinkie winkie for you 😵‍💫

  • @Musicdudeyoutub
    @Musicdudeyoutub 4 дні тому

    So they're capping credit card late fees at $8, but if I'm late to pay a $50 toll bill in NY, it's a $70 late fee.

  • @SooziinCa
    @SooziinCa Місяць тому +20

    ❤ Robert Reich ! Thank you Mr. Reich !!

  • @timmarshall7292
    @timmarshall7292 Місяць тому +6

    We currently have the worst Consumer Debt ever.

    • @humboldthammer
      @humboldthammer Місяць тому

      All the people will cry out at the Great Worldwide Re-Set on 09/23/26, "No more war. Forgive our debts. Save us from Omega. We will do Anything!" That's when THEY unveil the NEON GAUD -- their Light Bearer -- the abomination of desolation. God as machine. Men and women will never lie, cheat, steal, or murder again -- so help us GAUD. You Will Be Happy.
      Resistance is fatal.

    • @yourdaddy-mq4km
      @yourdaddy-mq4km Місяць тому

      Reich doesn't even know what that meaans

  • @BabyGirlDontEvenPlay
    @BabyGirlDontEvenPlay Місяць тому +3

    Jokes on Robert, I've been living paycheck to paycheck since Obama.

  • @johnm.4947
    @johnm.4947 28 днів тому +2

    Wow! This is ridiculous. Data free analysis at it's finest.

  • @RB-er6gu
    @RB-er6gu 28 днів тому

    You're absolutely correct and should be on every news outlet!

  • @bruceellenburg429
    @bruceellenburg429 28 днів тому +13

    3% inflation, 3.4% unemployment and $2 per gallon gas, we certainly can't allow that in America anymore

    • @coraltown1
      @coraltown1 28 днів тому +4

      if Trump, economy will take a dump.

    • @ja4414
      @ja4414 28 днів тому

      The Biden administration killed the economy . Literally open your eyes or go ask business owners and poor people alike if they're better off now? There is some serious delusional thinking going on with the democrats in this country right now

    • @bruceellenburg429
      @bruceellenburg429 28 днів тому +4

      @coraltown1 so, if you're truly better off, and you believe our country is, now than 4 years ago, then vote for Biden.

    • @Michaelfatman-xo7gv
      @Michaelfatman-xo7gv 27 днів тому

      ​@@coraltown1 Rhymes aren't going to cut it.

    • @aarone9000
      @aarone9000 24 дні тому

      ​@@bruceellenburg429It is; and we will! And you; mind your own countries bussiness! We Americans will ours!

  • @tj1156
    @tj1156 Місяць тому +6

    Love Robert and all he's doing on this platform. Thank you, Robert!

  • @Psychobardrock
    @Psychobardrock 22 дні тому +1

    Good points, and yet… Lots of people are already broke. Profits soar; wages crawl. Small businesses and entrepreneurs are dying out; corporations reign supreme.
    A lot of these mentioned benefits don’t trickle down to young people, who might not get social security or Medicare 30 years from now anyway. As for forgiveness of student debt, it’s a pretty random and lazy way of putting a bandaid on the problem of higher ed being a rip off. Putting more money into the economy also causes inflationary growth; that’s why we’re seeing both side by side (Milton Friedman). And why not let kids study at universities in Europe, so they get a taste for what true progressivism feels like?

  • @Phlegethon
    @Phlegethon 29 днів тому +1

    Which makes it all the more telling that Biden will lose in November how much people must dislike Biden on other issues

  • @w84q12
    @w84q12 28 днів тому +11

    Bidenomics has wrecked my bank account.

    • @coraltown1
      @coraltown1 28 днів тому +1

      if Trump, economy will take a dump.

    • @w84q12
      @w84q12 28 днів тому +4

      @@coraltown1 In case you haven't noticed, our economy is all ready in the toilet.

    • @definitelyhuman3512
      @definitelyhuman3512 25 днів тому

      bidenomics really isnt that much different from trump's, the same reasons that biden's economy is doing poorly are things that trump both wants to continue and intensify. For instance, 50 percent of inflation is because of corporate profits, which need to be reeled in by the government. Trump will certainly not be doing what is necessary.

    • @brachiator1
      @brachiator1 24 дні тому

      It's strange how people want to claim that Bidenomics hurt them. But they never explain how.

    • @aarone9000
      @aarone9000 24 дні тому

      Oooooorrrrrrr.... It was your spending! How is it; as a "below the poverty-line income my house is now paid off, I have great savings; my bills are paid and have retirement resources? A better question.... Why do you; a non U.S. citizen want dmfp back in office sooooo bad? Speaks volumes!

  • @benjaminlehman3221
    @benjaminlehman3221 Місяць тому +5

    I still think we need to focus on controlling the tuition PRICE. Not forgiving the debt already made.

    • @ryanbarclay7939
      @ryanbarclay7939 27 днів тому +1

      I think we should do what Ecuador did, establish an entire public university system FREE at point of use, comes out of taxes. They still allow private schools to exist, but they don't receive government funding. They were able to greatly improve their education system, and are really producing some excellentvwchikars

    • @benjaminlehman3221
      @benjaminlehman3221 27 днів тому

      @@ryanbarclay7939 private school getting zero funding sounds perfect to me

  • @gregpeterson4348
    @gregpeterson4348 14 днів тому +1

    I have lived in a Biden economy, and I have lived in a Trump economy. I will take Trump any day, experience counts !

    • @yellowbox9912
      @yellowbox9912 13 днів тому +1

      Biden Economy was hindered by Trump’s mishandling of COVID, if you wanted to buy a washing machine in the Trump economy too bad the price skyrocketed because of the teriffs Trump placed on China.

  • @jorgemonserrate7070
    @jorgemonserrate7070 3 години тому

    Not only that but it will make you one of the people agreeing to just get whatever trickles down after huge CEO bonuses, stock buyouts, and record revenues and profits! The ENDOLITHS of the human species!

  • @Pocketfarmer1
    @Pocketfarmer1 Місяць тому +5

    We need student debt and education expense reform not forgiveness. Forgiveness comes across as cheating those of us who didn’t get into that type of debt, even though we have plenty of other debts with no forgiveness insight.

  • @thomasobrien1213
    @thomasobrien1213 Місяць тому +7

    That all started with Reagan

    • @brothertaro2008
      @brothertaro2008 Місяць тому +1

      Republican policies heavily favoring the rich go back at least to the 1920s ... and led to the Great Depression.

    • @yourdaddy-mq4km
      @yourdaddy-mq4km 29 днів тому

      @@brothertaro2008 it worked so well the economy overheated.

    • @blessingliberty-lr3nt
      @blessingliberty-lr3nt 28 днів тому

      I think it started with Nixon

  • @Quagula
    @Quagula 27 днів тому

    Yes. Everyone making over 10$ a year gets a tax cut. Which means the government would have to print even more money than they already do to cover the loss of wages from the taxes that arent enough to cover their ridiculous spending

  • @BTrain-is8ch
    @BTrain-is8ch 28 днів тому +1

    Last time I checked progressives' idea that SS should be means tested amounts to cutting a benefit I've paid into as well. What's the difference exactly?

  • @rootcanal7188
    @rootcanal7188 29 днів тому +7

    Bobby, are you enjoying the record high gasoline and grocery prices?

    • @chugwaterjack4458
      @chugwaterjack4458 26 днів тому

      Where do you think the oil companies are going to get the BILLION that Trump "suggested" they donate? From you, the driver, the user of delivery services, the recipient of transport of goods for basic living.

  • @nathanielcarreon5634
    @nathanielcarreon5634 29 днів тому +8

    Dont worry, Biden already did that

    • @coraltown1
      @coraltown1 28 днів тому +1

      if Trump, economy will take a dump.

    • @FeatheryFool
      @FeatheryFool 25 днів тому +1

      ​@coraltown1 your rhyming does nothing, go defend Brandon elsewhere

  • @joelanderson_t
    @joelanderson_t 29 днів тому

    This message must be shared to every swing-state voters!