Opinion | How Trump Got Trickled Down – By Paul Krugman – The New York Times

By 

Opinion Columnist

Credit…T.J. Kirkpatrick for The New York Times

“One thing many people forget about the 2016 election is that as a candidate, Donald Trump promised to be a different kind of Republican. Unlike the mainstream of his party, he declared, he would raise taxes on the rich and wouldn’t cut programs like Social Security, Medicare and Medicaid that ordinary Americans rely on. At the same time, he would invest large sums in rebuilding America’s infrastructure.

He was lying.

Trump’s only major legislative achievement, the 2017 Tax Cut and Jobs Act, was absolutely standard modern Republicanism: huge tax cuts for corporations, plus tax breaks that overwhelmingly benefited the wealthy. The only unconventional aspect of the legislation was the variety of new tax scams it made possible, like the benefits for investors in “opportunity zones,” which were supposed to help poor communities but have actually enriched billionaire real estate developers.

Trump also came very close to passing a health care “reform” that would have imposed savage cuts on Medicaid, eliminated protections for those with pre-existing conditions and taken away health insurance from more than 30 million Americans.”

“. . . .  The question now is whether Trump will pay any price for betraying all his promises. Democrats took the House in 2018 largely because of the popular backlash against his attempt to destroy Obamacare. But there’s a real danger that Democrats will blow the election by making it a referendum on ambitious ideas like so-called Medicare for all that are unlikely to become reality, rather than on Trump’s ongoing efforts to destroy programs Americans love.”

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