Republican spending vs Democratic spending

Let me start by saying, I’m not an economist but I’m having a hard time understanding why it seems that tax cuts for the wealthy seem to sail through the political process and spending for infrastructure always hits roadblocks. 

Ronald Reagan increased spending when he promised that his tax cuts would pay for themselves and the benefits of those tax cuts would “trickle down” to “we the people”.  It wasn’t true then and four decades later we know that tax cuts for the wealthy do not pay for themselves.  That hasn’t stopped republicans from increasing the debt by pushing for more tax cuts for the wealthy.

Democrats are proposing to spend trillions on an infrastructure plan that would upgrade many of our nation’s crumbling roads, bridges, electric grids, etc. Studies have proven that money invested into infrastructure over the last 25 years have a return on public investment between 15 and 45 percent and creates good paying jobs.

I look at it like this; republicans giving tax breaks to wealthy is like borrowing money to gamble with in the hopes of getting a return for their tax cuts.  Democrats want to borrow money to invest in the nation’s infrastructure, similar to investing into your home.  Not only does it provide jobs for someone but it also increases the property value.  

Pass the infrastructure bill now, create thousands of jobs and increase America’s value. 

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Tax Cuts vs Build Back Better Act

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