#LoserDonald’s Economic Plan: More Money For The Rich
August 9, 2016
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8:15Now Playing#LoserDonald’s Economic Plan: More Money For The Rich
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as posted by the channelDonald Trump recently gave a speech on his economic policies. It was standard Republican trickle-down nonsense. Cenk Uygur, host of The Young Turks, breaks it down. Tell us what you think in the comment section below.
"Donald Trump outlined his economic vision for the US on Monday, including plans to dramatically slash taxes. Here we fact-check his key claims.
“When we were governed by the ‘America first’ policy, Detroit was absolutely booming.”
The United States has never been governed by an “America first” policy, though Trump likely means this rhetorically to say the US has shed some of its protectionist and isolationist tendencies over the past century. The America First Committee was an isolationist group in the early 1940s that wanted the US not to enter the second world war and was led by aviator Charles Lindbergh, who sympathized with the racial ideas of the Nazis.
“Our roads and our bridges fell into disrepair, yet we found the money to resettle millions of refugees at taxpayer expense.”
American infrastructure has deteriorated significantly over several decades, in part due to many years of neglect by state and federal officials of both parties. Nevertheless, in 2014, the most recent year on record, federal, state and local governments spent $416bn on infrastructure, including $96bn from the federal government, according to the Congressional Budget Office, an increase from previous years.
These figures dwarf spending on refugee resettlement, according to the nonpartisan National Conference of State Legislatures, which found that the Office of Refugee Resettlement spent $1.56bn in the fiscal year of 2015.”*
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Hosts: Cenk Uygur
Cast: Cenk Uygur
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary)
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