@voteinorout: #RobertReich highlighted the growing issue of economic inequality in the United States, emphasizing policies that exacerbate the divide between the wealthy and the working class. He pointed out the significant impact of withdrawing one trillion dollars from Medicaid, a crucial program for the working class and the poor, while simultaneously providing a substantial tax cut that primarily benefits the rich. This policy shift, according to #RobertReich, lacks a clear justification and seems inherently unfair. The removal of such a large amount from Medicaid, combined with a trillion-dollar tax break for the wealthiest, raises serious questions about the priorities of economic policy in the country. #RobertReich argues that these actions are a continuation of trickle-down economics, a concept popularized during #RonaldReagan's presidency, which he claims has failed to deliver the promised benefits to the broader population. Despite the promises of trickle-down economics, #RobertReich notes that there has been no substantial evidence or argument presented to justify these tax cuts and their contribution to adding four trillion dollars to the national debt. He reflects on the absence of credible reasoning or explanations, questioning the validity of the purported benefits such policies are supposed to bring. The narrative of tax cuts leading to increased revenue, often cited by proponents through the #LafferCurve, seems unsupported in this context. Instead, #RobertReich suggests that the motivation behind these policies is simply a desire to enact them, devoid of any substantial economic rationale. His critique underscores a broader skepticism about the effectiveness of these economic strategies and calls for a reevaluation of priorities to address the widening inequality in the country. #RobertReich #Inequality #Medicaid #WorkingClass #TrickleDownEconomics #RonaldReagan #TaxCuts #LafferCurve #EconomicPolicy #NationalDebt #WealthInequality #EconomicStrategies — repost @fightforprogress Help this information get to more voters. 🇺🇸 A well-informed electorate is a prerequisite to Democracy.—Thomas Jefferson

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Friday 08 August 2025 00:05:05 GMT