A comment from Daily Kos contributor “bear83” re Arizona Senator Sinema on Oct 23, 2021 at 09:52:33 PM is right on the money:
Apart from donations to her campaign, I don’t understand Senator Sinema’s reticence or rather refusal to undo Trump’s tax cuts for the wealthy and corporations.
Bear83, I think that is precisely it, donation to her campaign : “A liar and a grifter“ the Atlantic would call her. Google, for example: “Atlantic, Liars and Grifters”.
Sinema is a liar,
claiming the wonderful positive effects of tax cuts will trickle down (as we see in the plot further down not happening, and know from history that they will not),
and a grifter,
because the Bezos of the world will write the trickle down checks to her campaign fund (as we know from history they will).
In the last quarter alone, racing to Europe and elsewhere, instead of working on future investment into the US Infrastructure, including our runaway temperatures (Tuscon 117 degrees anyone?), Sinema raised $1.1Million — mostly from outside of Arizona.
She is the industries last great hope of stalling drug price reform in Congress. Because Republicans are in the pocket of industry any way, in the evenly divided Senate they need at least one Democrat to prevent Drug Price reform.
She is also being rewarded to prevent Tax Reform, which would raise the tax rate on the richest Americans by a modest amount, thus make Billionaires pay their fair share – which according to Warren Buffet they do not.
So she is the leading beneficiary of largesse from both pharma - and finance-linked donors, rewarding her opposition to Biden’s
- work efficiency investments (like paid sick and parental leave), ----->
- drug price reduction,
- and climate investment
legislation, strangely called social “welfare” — like a generous hand-out to the poor — by Republicans. Really! Social welfare, not work efficiency investments? Like Germans regard it? .
For example, regarding sick leave, experts know that presenteism (going to work when sick) costs industry and commerce 3 times as much as absenteism (claiming to be sick, when not). Germany Inc., has figured this out a long time ago. Just as Germany Inc. has managed as self-paid (outside of general taxes) (*) parental leave, (*) apprentice ships plus vocational high school (Berufsschule), (*) the unemployment system, the non-profit sickness funds, etc.etc. This is all outside the general tax system (that means no subsidies, except medical for orphans). All the things in life Friedrich Hayek (see more details below) has called common hazards of life against which few can make adequate provision.
And it is easy to do, because work efficiency investments truly pay for them selves.
Sinema’s individual donors include a Who's-Who of the powerful people in the pharmaceutical and financial industry. Pick any CEO, he, or she, is in with $2,900.
Once more for the truth, just look at the relations between tax cuts , tax increases, and growth ------------->
But we have known this since at least 1944: tax cuts do not work.
Or as Friedrich von Hayek said succinctly, after he left in 1961 the Trickle Down Milton Friedman Missionaries in Chicago to join the Faculty of the Trickle Up High Warriers of Ludwig Erhard’s (the father of the German Economic Miracle after 1945 and one-time German Chancellor) at the Ortho-Liberal Fortress in Freiburg, Germany:
Tax Cuts are evil.
Tax cuts are criminal, if they are based on borrowed money, while the economy is running well.
The only mandatory role Ortho-Liberalism impresses on the state is to ensure the economy is run competitively.
By fleshing this out, here is what Hayek had to say (translated from German) about the role of the State in the economy, and which US conservatives and liberals should take to heart:
- "There is no reason why, in a society which has reached the general level of wealth ours has, the first kind of security should not be guaranteed to all without endangering general freedom; that is: some minimum of food, shelter and clothing, sufficient to preserve health. Nor is there any reason why the state should not help to organize a comprehensive system of social insurance in providing for those common hazards of life against which few can make adequate provision."
Help to organize, not to pay for. As said above the German health insurance system, for example, is not subsidized (like the US system) by general tax funds (except for orphans). And so are all other pieces of the German work efficiency scheme (social net, if you will).
Which describes very well the efforts and goals of Biden’s proposed Infrastructure Investments BBB. Paid for and not borrowed.
Shame on Sinema! What she has done is constructing a gigantic edifice of economic lies!
Shame on Manchin as well, even so his corrupted money flows into his pockets somewhat differently, while West-Virginia stays the poorest, most highly subsidized state in the US.
He just wants to keep his own West Virginia Coal Company going, to hell with West Virginians. Keep topping of those mountains and dump the over burden into the sports fishers play ground, the creeks and Rivers. Sports fishers can go elsewhere (like to hell) as far as he is concerned. And he does not care that, according to the WV Forest Service, most VW wildfires are connected with road building and logging and visiting around the removed mountain tops.