Republican economic policies have for the most part favored corporate America and the wealthy, or what they call supply-side economics. The problem with supply-side economics is something we are seeing today. The gap between the wealthy, the poor and middle class, which is shrinking, is greater than it has ever been, such that America currently has the greatest wealth gap of any of the G7 countries. Tax cuts like those in the BBB will not only worsen this situation but will also increasing our national debt. So, as the wealthy become even wealthier their influence over our government and economic policies gains strength. This is already happening. The BBB does allow a few pennies to trickle down, but nothing in proportion to what is going to the wealthy. Eventually, this will lead to social unrest, something we are seeing today, increased poverty, and negative impacts on health. Unfortunately, the BBB also reduces many of the social programs that would help people who are living under these conditions. Resist.
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Perer Morales
Midtown
Disclaimer: As submitted to the Arizona Daily Star.
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