Goldman analyst, Alec Phillips, issued a note today suggesting the Trump proposed tax cuts will, inexorably, be delayed — because he’ll be too busy trying to unravel the wondrous nightmare weaved by Obama’s ACA.
“This process is likely to take longer than expected, which is likely to delay the upcoming debate over tax reform,” they said. “The difficulty the Republican majority is having addressing a key political priority suggests that lawmakers might ultimately need to scale back their ambitions in other areas as well, such as tax reform.”
Truth is, the issue here isn’t Trump or democrats, but the republicans, who seem to be unable or unwilling to work on any of Trump’s bold initiatives. Tax cuts seem like a simply enough thing to do, offset by a border tax. Obamacare is something that will take time to redo, but that’s their god damned job, isn’t it?
Any delay in Trump’s tax cuts, or walking back, will result in a stiff uppper lipped correction, both cold and foreboding. The best way to ‘get rid’ of Trump is to make sure he fails. By doing so, the country fails too, with all of its citizens. But I don’t think anyone on the right or left honestly believes our elected politicians wouldn’t do such a thing in order to secure power.
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Correct me if I’m wrong but it seems to me, the ONLY job of Congress regardless of who’s President is to cock block anything. I recall Addison Mitchell “Mitch” McConnell, Jr.saying his job was to stop Obama from getting a 2nd term. Dude really? That’s your job? Until there’s a true coming, it’s just the same ole song and dance. Nobody is gonna do anything that isn’t good for the “establishment.”
That and eating lots of pizza.
Add George Will the traitor and the Clown Schumer saying Trump will be turned on by Summer. Both on the same day. The Deep State hard at work.
Read that. For better or worse republicans and Trump are linked. They need each other to be successful
This is why I cannot bring myself to bet on infrastructure plays like CLF, HBM, etc. A bet on the infrastructure plays is a bet on Trump. So far, his presidency has been chaotic and his favorability ratings are not good (whether fake news media-driven or otherwise). I see a lot of risk in getting his agenda passed. Politicians care about only one thing–the next election cycle–and republicans will quickly dump him and his agenda if this keeps up. It wont be long before the posturing for the 2018 congressional elections kicks into full gear.
Term limits for Congress. That was a plank in Trump’s plan I could support. What happened there?
We need a Congressional deportation force.