Congressman Decries Voodoo Economics While Pushing For… Voodoo Economics | Soshal Network, Social Circle Connection

Congressman Decries Voodoo Economics While Pushing For… Voodoo Economics

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Someone needs to tell Florida Rep. Francis Rooney that the term "voodoo economics" refers particularly to the trickle-down/supply-side/austerity economic policies he's promoting. Google it, Francis. Cenk Uygur, host of The Young Turks, breaks it down. Inform us just what you assume in the remark section listed below.

" Those that would certainly be hurt the most," MSNBC host Chris Jansing informed Francis in an interview on Monday, "are those that would certainly, as a matter of fact, be those who have the most difficulty: the bad, the senior, individuals most seeking the assistance that Obamacare offers."

Inning accordance with Rooney, individuals that are current on Medicaid can anticipate to have "positive outcomes" under the Republican politician plan.

The congressman explained that he would certainly sustain the GOP healthcare expense also if the Congressional Spending plan Office (CBO) determined that millions would shed medical insurance due to the policy.

" The voodoo economics of the CBO rating was faulty the first time around," he urged. "It thinks that nobody will certainly get insurance unless they are mandated to by a statist system like Obamacare. It does not provide any kind of credit rating for behavior adjustment as well as motivation through the tax obligation credit score."

Jansing noted that professionals have actually claimed that the Republican politician plan "is a costs that makes certain the well-off get tax obligation cuts." *.

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54 comments

  1. Posted by DIZZY KNUTSAK, at Reply

    2nd DISLIKE WOOOOOOOOOO!!!!!!!!!

    • Posted by Jacob Magnuts, at Reply

      this is literally your legacy. congrats

    • Posted by fl00fydragon, at Reply

      In hid deffence cats have 9 lives so they can afford a lack of healthcare

  2. Posted by Hugh Janus, at Reply

    Muh insurance subsidies! Muh unemployment checks! Muh food stamps! Do democrats ever consider just getting a job and paying for their own things, or do they honestly believe they’re entitled to other people’s money merely because they exist?

    • Posted by fl00fydragon, at Reply

      taxes are not sticking guns to one’s face and demanding money
      the state ensures your property rights and in exchange you pay taxes to it to
      a) allow it to continue it’s function and
      b) provide a social safety net that ensures social stability

      have you ever wondered why america that ahs the smalles social safety net in the western world is also the western country with the most unstable society ?

      here’s what would happen if your libertarian “utopia” was enacted
      many woyuld live like rats with less than enough to survive, a disease would be a death sentence , therewould be no safety standards ,child labor , privatised civil protection protecting the ritch

      in such an enviroment guess what becomes a historical certainty that always occurs under such cirumstances

      you guessed it right an organised revolution
      and even if you quell it there will always be
      a) thoose with dying loved ones who will either attempt to kill,steal abduct,etc. to pay for the expenses
      b) thoose who would have lost a loved one either to a harmful product or practice of a corporation who would only live to kill the ceo’s of that corporation

      in comparison a state putting a “gun to your head” demanding it’s money you have to pay as rent for their service of asserting your property rights to use as the citizens desire is absolutely moral

    • Posted by Fredrik Herre, at Reply

      +Hugh Janus
      Yes. Without strong unions the government has to step in to make sure people make enough money. Capitalism by itself won’t raise wages.

  3. Posted by Pick Collins, at Reply

    do trolls have nothing better to do with their lives?

    • Posted by Bluespirit12345, at Reply

      Pick Collins
      Most of them are paid to be here.

    • Posted by Pick Collins, at Reply

      makes sense

    • Posted by The Zero Zero, at Reply

      Easier to just take paid surveys.

  4. Posted by rouge1ful, at Reply

    republican politicians=amoral, soulless monsters.

    why do people still vote for these assholes? i;m not even saying to vote strictly democrats but why do people keep voting republicans when they have been shown over and over again to not give a damn about you if you dont have a 6 figure salary or higher.

    • Posted by Rather Not say, at Reply

      rouge1ful white people vote republican. They’re willing to loose Medicaid in order for us to never have a black president again. They’re just simply racist..

    • Posted by Tom McCann, at Reply

      So are democrats, both parties are economically and socially illiterate to properly run a country.

    • Posted by The Zero Zero, at Reply

      Who needs government when we have corporations running the US πŸ˜‰

    • Posted by charlidog2, at Reply

      Tom McCann Stop it. Stop that false equivocation of the two parties. One is bad, the other are sadistic monsters stealing everything we have including our lives.

  5. Posted by Kevin Montrond, at Reply

    Voodoo economics, Noun : A term used to describe the idiot republican idea that by giving all the money to the rich the leftover money will some how magically come back into your pocket.

    • Posted by ANony Mouse, at Reply

      2.1 trillion rolls off the tongue doesnt it .. Well take a peak here and see what 1Trillion looks like in stacked $100 bills..
      Give you a better idea of how much tax breaks the rich got under Bush and 870 Billion under Trump..
      http://www.varmintal.com/what_d6.jpg
      http://www.varmintal.com/trillion-dollars.htm

    • Posted by Chibimonsta, at Reply

      Nick Burris if that’s what you believe more power to you.

    • Posted by Nick Burris, at Reply

      It’s not a matter of belief. It’s a matter of time.

  6. Posted by Savage-American Imperialist, at Reply

    Liberals or leftist, believe money grows on trees, so who really pushes and believes in “voodoo economics”? Idiots. Typical TYT degenerates.

    • Posted by Pissedoffpeasant, at Reply

      It wasn’t Liberals who pulled 20 Trillion dollars out of thin air to bail out the banks

    • Posted by Heath Fletcher, at Reply

      So do the rich via tax breaks to increase their wealth. Look after the middle class and the middle class will look after the wealthy, not the government.

    • Posted by socom 2, at Reply

      Savage-American Imperialist nope its printed by the .1%Rothschild at interest, because they lobbed the government talk about true wealth redistribution

  7. Posted by romanmir01, at Reply

    Millions of Americans should not be relying on money stolen from thousands of Americans. Income and wealth taxes and welfare, SS, Medicare, Medicaid, all forms of redistribution must be abolished and government offices and departments shut down.

    • Posted by romanmir01, at Reply

      fl00fydragon wrong, income and wealth taxes are the raiding parties. they are organized by the so called ‘legal’ means due to so called democracy.

    • Posted by Praxis, at Reply

      romanmir01 congrats, you’ve become a useful idiot for the Koch brothers and other billionaires.

  8. Posted by Mr. Nisse, at Reply

    Americans can afford to spend *_trillions_* of tax-payer dollars killing babies all over the middle east…but they can’t seem to spend a nickel on their own people.

    • Posted by issa perez, at Reply

      MIchael Fassbender

      he’s talking about the fact that the “richest” country on Earth still has poverty and homelessness at home while spending more than half of its budget abroad

    • Posted by MIchael Fassbender, at Reply

      Yes. That’s the fault of the government.

    • Posted by Niklas Hansen, at Reply

      Rand Paul is a curious creature. He wants to end the wars but thinks a grotesque “health care” bill isnΒ΄t grotesque enough. At least he is sticking by his principles unlike other republicans.

    • Posted by Vegas702, at Reply

      He doesn’t have any principles, don’t believe that for one minute!

  9. Posted by Browser unknown, at Reply

    Hey Cenk talk about Project Veritas latest revelations about CNN.

    • Posted by nadeem iqbal, at Reply

      Browser unknown don’t think he is going to since you pulled that voodoo from your arse.

    • Posted by Nathan Drake, at Reply

      Project Veritas has literally been successfully sued for defamation.

  10. Posted by Marco D, at Reply

    Those Republican voters still believe they’ll eventually become rich by just working at their minimum wage jobs like their Republican Politicians did. πŸ˜‚

    • Posted by David Bartlett, at Reply

      Marco D and they say leftist are living a fantasy!

  11. Posted by Dylan Armstrong, at Reply

    The only people more stupid than Republican congressmen are the dumbasses that voted for them.

    • Posted by issa perez, at Reply

      Geek Detour

      wait, dems dont go vote? remind me real quick, did trump win the Popular vote?

    • Posted by Soyeur Mauk, at Reply

      Geek Detour sadly true.

    • Posted by Soyeur Mauk, at Reply

      Dylan Armstrong Mahoney, this is not how you chill the political divide. These people voted for them for many more reasons than simply being dumb. Step back and look at the bigger picture.

      Abortion, the economy, simply lying politicians, and a want for change is the greater reason for Trump’s victory.

      Alienating the republican voting pool by calling them “dumbasses” doesn’t help anything and it completely takes away from the broader issue.

  12. Posted by Jamie Cox, at Reply

    these guys are always talking about fake news , but when the News lies…. You can turn the station! when these evil SOB’s lie about trumpcare…..hundreds of thousands will be affected or possibly die!

    • Posted by OutlawRebel117, at Reply

      Jamie Cox I just hope most of the ones that die are Trump supporters.

    • Posted by rouge1ful, at Reply

      let us never forget the million of children that will also will be effected

    • Posted by Jamie Cox, at Reply

      OutlawRebel117 πŸ˜πŸ˜‚πŸ˜ƒπŸ˜… talk about irony!?!?!?

    • Posted by Jamie Cox, at Reply

      rouge1ful and that’s what makes trumpcare even more heartless and vile!

  13. Posted by coffeebuzzz, at Reply

    That top .1% don’t even use health insurance. They pay cash when needed.

  14. Posted by larry holbrook, at Reply

    Trees don’t grow from the top down. Show me a tree without roots and a trunk and I will see a dead tree top. Feed the roots (Poor), roots feed the trunk (middle class), The top of the tree is worthless without their support system. That’s why leaves from the top fall to the ground to fertilize the roots. It’s called the circle of life for a reason. If the leaves never drop the money tree dies from starving itself to death. Dead people don’t spend money, hungry and sick people can’t work for a living. The republicans are against abortion yet, they are willing to starve 60% of American children and sicken them.

    • Posted by Eater 999, at Reply

      Well said Larry, well said.

    • Posted by Ll G, at Reply

      Dead people can’t work for slave wages.

    • Posted by Charlotte, at Reply

      That is an amazing analogy and I’ll definitely be using it in the future.

    • Posted by Soyeur Mauk, at Reply

      larry holbrook I’m curious where you got that 60% number. It seems awfully high.

  15. Posted by Oscar Martinez, at Reply

    legalise weed, stop imprisonment for profit, raise minimum wages, one payer healthcare system for all, cut the military budget in half or more, increase the education department budget and invest in renewable energy, get money out of politics and all lobbyist should be banned, eliminate gerrymandering and the electoral college, college education should be free and technical careers as well, corporations aren’t people for Pete sake to hell with that bullshit, 75% of the federal income tax should come from corporations even if they are abroad if they want to sell their products in America they should pay up too. you can thank me later.

  16. Posted by KerrPlunkett, at Reply

    you want proof that the republican trickle down economics dont work heres some math for you. the Waldon family, the richest family in the US would be entitled to the $250,000 tax break. Now putting aside the fact that that this tax break alone is equivalent to nearly 17 years worth of wages for someone making minimum wage in this country, The Waldons who own Walmart have a net worth of 149 billion dollars. That means this tax break would be equal to approx .0001% of their family’s net worth. A drop in a bucket to say the least. That small of a net increase wouldnt change their lifestyle or cause any level of extra expenditure and grow the economy as republicans would have you believe. If you dont believe me ill put it in more understandable terms. I being a recently graduated college student am Lucky enough to have $6,000 to my name (many families in this country are not as lucky) but if you were to give me .0001 percent of that as a tax break that would be a whopping 60 cents, not exactly a life altering proposal. The point being giving these kind of tax breaks on the wealthy does not promote economic growth as these families could wipe their asses with it. while millions of Americans could surly put it to better use.

  17. Posted by Craig Holman, at Reply

    Reagan went into office with a deficit of 900 million dollars and left eight years later with a deficit of 3 trillion dollars. Trickle Down has been debunked. It works for the rich. Everyone else loses.