The President, every Republican Senator, and all but 12 Republican House members voted for the largest tax cut since the Reagan administration. Not a single Democrat voted for the tax cut.
This has been portrayed by the pundits as “betting the farm” for the Republican majority and I agree. The Republicans hope that the tax cut will stimulate the economy, make corporate American businesses more competitive, make small businesses more profitable, produce more jobs, and put more money in the pockets of middle income Americans. Thus, by the time the midterm elections arrive, the American public will be happy with Republican leadership and keep them in the majority.
The Democrats want it to fail abysmally (and have so predicted that it will). Thus, by the time the midterm elections arrive, the American public will be livid with Republican leadership and throw the bums out – which, of course, means that the Democrats will be in the majority.
So let’s give that some thought. The Republicans want more competitive American corporations. The Democrats want that notion to fail. The Republicans want small businesses to be more profitable. The Democrats want that notion to fail. The Republicans want to produce more jobs. The Democrats want that notion to fail. The Republicans want to put more money in the pockets of middle income Americans. The Democrats want that notion to fail.
Hmm! If you are an American which side do you want to win?
As Winston Churchill so aptly put it, the Democrat notion of “social justice” (let’s be frank, it’s socialism) he called “the philosophy of failure and the gospel of envy.” Apparently, the previous 82,000 pages of tax code promoted the Democrat philosophy because they wanted to keep it.