Newly uncovered emails between Fox News and President Donald Trump’s Treasury Department reveal a cozy relationship between the conservative news network and the Trump administration.
''Big tax cuts now give the economy the push it needs.”
Forgot to specify that ‘‘the push’’ is in the direction of a cliff. It’s all a big misunderstanding you see.
So, we do have a TV-run state, rather than a state-run TV. The Orange Asset does whatever his TV tells him to do, as long as it’s Hannity, Coulter, Ingraham, or one of the other wingnuts. Actual news reporters, like Shep Smith, are ignored.
It is indeed remarkable that three decades after “trickle down” first showed its ugly mug, there remains a sizeable contingent who cling to the belief that giving the richest people more money will help out the rest of us.
Personally, I used to go air up my neighbor’s tires every Saturday because his car was bigger, but somehow my tires stayed flat. A real head scratcher.
OT: But why hasn’t TPM picked up the General Electric story yet? I had a relative CPA who worked there for a while and the emphasis on tax avoidance was shocking to her. The constant financial reporting was normal, but the search for grey areas or loopholes was obsessive. Enron-scale frauds are expected to manifest as recession approaches, so this news should be much more alarming than an inverted yield curve.