//Congressman Decries Voodoo Economics While Pushing For… Voodoo Economics

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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Youthful Turk (n), 1. Young dynamic or anarchical member of an institution, motion, or political party. 2. A young adult that rebels versus authority or social assumptions.( American Heritage Dictionary).