First published July 2019
By Bob Barney
Updated note on this story..May 2020 : Back in 2001, Saturday Nite did a skit, showing how no Democrat had a chance of beating Bush! Few may remember that Bush had an 81% approval rating in July 1991. ONLY 13% disapproved his performance! Trump has barely broken 50% approval at any time, and about the same disapproval... I understand that the totally blind and moronic EVER-TRUMPERS will only believe those polls that show Trump as a messiah, but the Plain Truth is Trump is heading for disaster if he doesn't change his tone-- And if Trump is beat by any Democrat candidate running, AMERICA IS TOAST! (although it might already be!)
Now with this fake pandemic, which Trump has bought into (stupidly claiming he saved 2 million lives) is a slap in the face of one of his largest voting blocks- i.e: small businesses, which many have been destroyed BY THIS PRESIDENT'S ACTION. This may be a democrat ploy to get him out, but he is the man pushing the agenda!
-- Donald Trump is dangerously close to becoming the first Republican president since George H.W. Bush to raise taxes. According to the Tax Foundation, if the tariffs already announced by Trump go into effect, they will amount to a $200 billion annual tax increase. That’s larger than the $165 billion average annual reduction in 2017’s Tax Cut and Jobs Act.
Bush’s brazen break with Republican orthodoxy, along with a sluggish economy and broken promises, made him a one-term president. If Trump’s not careful, he may join him.
In his 1988 campaign, Bush famously asked the public to read his lips when he promised “no new taxes.” While Bush had been Ronald Reagan’s vice president, he came from an earlier generation of moderate Republicans. Movement conservatives always had doubts about his fealty to their low-tax agenda.
As it turned out, those concerns were justified. In 1990, two years after a successful campaign based in part on a commitment to fight Congress’s attempts to raise taxes, Bush faced a rising deficit and a Congress reluctant to cut domestic spending. He caved. In June he announced that he was willing to accept a budget that not only cut defense spending but also included tax increases.
The final package included increases in both income and payroll taxes and went into effect in 1991. In the next year’s campaign, Bush had to deal with rising unemployment and withering criticism in both the primary and the general election over his decision to go back on his pledge. MORE