Trump offers socialism for the rich, capitalism for everyone else Trump offers socialism for the rich capitalism for everyone else to conservative mind. Socialism is getting something for nothing. Yet this is what the president promotes play. The wealthy America will never be a socialist country, Donald Trump declared in his State of the Union Address someone should Allure trunk that America, it’s now a hotbed of socialism, but it is socialism for the rich. Everyone else is treated too harsh capitalism. In the conservative mind, socialism means getting something for doing nothing that pretty much describes the 21 billion dollar saved by the nation’s largest banks last year, thanks to Trump tax cuts, some of which went into massive bonuses for Bank Executives. On the other hand, more than 4,000 lower-level Bank employees got a big dose of harsh capitalism. They lost their jobs, banks that are too big to fail. Courtesy of the 2008 Bank bailout enjoy of hidden subsidy of committee 3 billion dollars a year, because creditors facing less risk except lower interest on deposits. In the last year, Wall Street’s phone is pool, is 31.4 billion dollars take away the hidden subsidy in the bonus pool disappears under socialism for the rich you can screw up big-time and still reap big rewards Trump and his 20 that the Federal Reserve aren’t using bank Requirements put in place after the bailout they’ll make sure the biggest banks remain. Too-Big-To-Fail Trump is promoting socialism for the rich and harsh capitalism for everyone else. In other ways, GM has got more than six hundred million dollars in federal contracts. + 500 million dollars in tax breaks. Some of this has gone into the pockets of GM executive chairman and CEO Mary Barra, raped in almost 22 million calories. In total compensation in 2017 Alone by GM employees are subject to harsh capitalism. Gm is planning to lay off more than 14,000 workers and close three assembly plants and two components: factories in North America, the end of 2019, when he was in business Trump perfected, the art of using bankruptcy to Shield himself from the consequences of bad decisions. Socialism for the rich and it’s worth while leaving employees twisting in the Wind Oliver America Executives, who run their companies into the ground, are getting gold-plated exit packages, while they’re workers get pink slips. Sears is Doling out 25 million dollars to the executives who stripped its remaining us and drove it into bankruptcy, but has no money for the thousands of workers are laid off as Pacific Gas and Electric hurdles toward bankruptcy? The person who was in charge when the deadly Inferno is rolling through Northern California last year caused him hard by PG & E. Faulty equipment has departed with a cash severance package of $ 2 5 metres. The PG & E executive in charge of gas operations when records were allegedly falsified. Left in 2017 was sick point nine million dollars under socialism for the rich. You can screw up big-time and still reap big rewards. Equifax is Richard Smith, retired in 2017, with an 18 million dollar pension in the wake of a security breach that exposed personal information of 145 million consumers to hackers Wells. Fargo is Carrie tolstedt departed with a 125 million dollar exit package after being in charge of the units that open more than 2 million on authorized customer accounts. Most Americans are subject to an increasingly harsh and arbitrary capitalism in which they’re working harder, but getting nowhere. Around 60 % of America’s wealth is now inherited. Many of today’s super-rich have never done a day’s work in their lives. Trump’S response has been to cut the estate tax to apply only to Estates valued at over 22 million dollars for a couple Mitch. Mcconnell is now proposing that the estate tax be repealed altogether. What about the capitalists principles? People are in what they’re worth in the market and that economic gains should go to. Those who deserve in America is on the cusp of the largest intergenerational wealth transfer in history, as Rich Boomers expire over the next three decades. An estimated 30 Australian dollars will go to their children. Those children will be able to live off of the income. These assets generate and then leave the both of them to their own heirs, tax-free capital gains taxes, don’t apply to the store and values of stocks, bonds. Mansions another assets of wealthy people who died before they’re sold after a few generations of this, almost all of the nation’s wealth will be in the hands of a few thousand on Working Families. To the conservative mind the Specter of socialism, countries of a society in which no one is held accountable and no one has to work for what they received. Yet that’s exactly the society Trump and the Republicans are promoting for the ridge. Meanwhile, most Americans are subject to an increasingly harsh and arbitrary capital, I’m in which they’re working harder, but getting nowhere and have less security than ever. They need sticker safety nets and deserve a bigger piece of the economic pie. If you want to call this socialism find, I call it fair. Trump offers socialism for the rich, capitalism for everyone else
America will never be a socialist country,” Donald Trump declared in his State of the Union address. Someone should alert Trump that America is now a hotbed of socialism. But it is socialism for the rich. America will never be a socialist country,” Donald Trump declared in his State of the Union address. Someone should alert Trump that America is now a hotbed of socialism. But it is socialism for the rich. Everyone else is treated to harsh capitalism..
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