by Wayne Simmes:
As election day draws near the Democrats want you to forget the economy. They claim that the tax cuts passed by the Republicans, with little or no help from the Democrats only benefitted the top one percent of people in the country. Most honest estimates say that the average American family got about 2,000 dollars in tax relief from the bill. Of course, Nancy Pelosi call that crumbs. But I ask you if you dropped $2,000 would you just keep walking or would you bend over to pick it up?
But even if you don’t think that $2,000 is a meaningful sum to you, consider what else the tax act has done for the economy. Just today another quarter of a million jobs were reportedly created. The unemployment rate of 3.7% is the lowest it has been in decades. African American unemployment is the lowest in our countries history. Hispanic unemployment is the lowest it has been in our countries history. We now have 7 million open jobs which is more than we have unemployed to fill them.
Less and less people are working part-time jobs as more and more companies are extending hours for their employees. Wages are rising. In fact today Amazon raised its minimum wage to $15 per hour. Earlier Walmart the largest employer in the United States also raised its minimum wage and fast food restaurants are following suit. As more and more companies raise their rate of pay others will have to follow suit in order to compete for a shrinking labor pool.
All of these things are good for the common person although perhaps the 1% will also benefit. But that is not necessarily a bad thing. After all, many of the 1% are also job creators.
I know that the Democrats would rather concentrate on health care as polls show that is the number one issue with many people. And if they had a viable option, I might give them some credit. But, unfortunately, they have nothing to offer that is better than what you now have. They throw out the phrase “Medicare for all”, but that is an oxymoron.
The lowest estimate of the cost for adding all American’s to the Medicare roles would be 30 trillion dollars. Let that number sink in. Our National debt is now about 21 trillion dollars and just 10 years ago it was about 10 trillion dollars. Now the Democrats want to more than double the money we owe which would, in fact, bankrupt the country and Medicare would cease to exist. So Medicare for all is really Medicare for none.
When you go into that voting booth, whether you do so early or wait until next Tuesday, ask yourself, Is the pipe dream that Nance and Chuck are trying to feed you worth losing the reality of the best economy I have seen in my long lifetime. Do you love Nancy Pelosi and Chuck Schumer more than you love our country? Hopefully, the answer will be no and you will vote to keep our Republican majorities in both houses of Congress.