Supervillain economics

A new White House report proposes cutting regulations that protect workers and children, while piling on yet more tax cuts for billionaires.

Even if a White House report is just a pack of lies, it still can reveal some awful truths.

Take the recent forecast by the White House Council of Economic Advisers. It essentially hails Trump as genius-on-a-stick, claiming that his economic policies will achieve magical growth and prosperity for the people in perpetuity.

Never mind that most of these policy proposals aren’t even being considered, much less enacted. Indeed, the council’s report is so fantastical that some student interns who worked on it slipped in such comic book names as Batman, Captain America, and Spider-Man, citing them for helping prepare it!

Mockery aside, the report does reveal that Trump and company are quietly pushing a radical right-wing deregulation agenda under the ruse of stimulating economic growth.

For example, it calls for eliminating minimum safety and educational standards for operators of child care centers, complaining that such regulations to protect children can “increase the cost of obtaining care, thus serving as a disincentive [for parents] to work.”

Yeah, just shoo the little tykes into unregulated corporate pig pens, so mom and dad can work minimum-wage jobs, thus boosting corporate profits all-around—and then call the whole mess “progress.”

Meanwhile, the president’s economists admit that the only way they can get America’s economic growth above a dismal 2 percent a year is for Congress to make two big changes: (1) roll back labor rules that protect America’s workers from corporate exploitation, and (2) pass another round of even deeper tax cuts for corporations and billionaires, since the 2017 cuts didn’t work.

Do they think we have sucker wrappers around our heads? Trump’s economic report isn’t written by superheroes like Batman, but by Goofy, Dracula, and Scrooge.

This work is licensed under a Creative Commons Attribution-Share Alike 3.0 License.

OtherWords columnist Jim Hightower is a radio commentator, writer, and public speaker. He’s also the editor of the populist newsletter, The Hightower Lowdown. Distributed by OtherWords.org.

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One Response to Supervillain economics

  1. Trump and all his minions are Such a horde of sickies, err, I mean sickos working real hard to achieve the Steve Bannon of Deconstruction. To what end, I don’t understand. 1) To make themselves feel powerful? 2) To take revenge on any perceived injustices by them of a system that considers human beings human–I mean a system that makes them feel less privileged just because it is a system that sees all human beings as worthy of honor, respect, compassion?
    Such a bunch of sickos all of them. Privileged no nothings. Privileged with no worth as human beings.
    So sick all of them.

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