Here’s the analogy:
You’ve just received $300k to open a restaurant in the very downtown location you had wanted. The lending bank hands you a line by line budget that you’ve agreed to follow and you’ve already advertised to your customers what they can expect at your restaurant. Being the smart person you are, you’ve run the budget numbers and the daily sales forecasts and all fixed costs through your spreadsheets..and you immediately call a meeting with the lending banker, “I can’t make this work…this is not possible.”
And you can’t really, because you’re budgeted to spend $2000 a month on a killer entertainment system you don’t need, but only $25 a month on paper products. You’re budgeted to spend $300 a month on meats and you’ve already advertised “sirloin steak night every friday night,” and that’s going to cost more in one night that what you’re budgeted for the entire month. Everywhere you look in the budget, it just doesn’t work.
But here’s the problem, you have to make it work. You have no choice. So you start thinking, well….If I don’t hire a head chef…If I only buy 20 chairs instead of 30, If I form ground beef into “sirloin-like” shapes, would anyone know the difference?
That’s kinda like the way Congress approaches “Tax Reform.” The majority of the unrealistic guidelines are already set. They look at the end numbers (budget constraints and the promises they already made about how great everything’s going to be) and it really doesn’t work unless they do some awful things.
The bitch is, they really don’t care what the effects are; the only thing that matters is what the end results appear to be on paper.
The NY Times reported on Friday 10/20 that individual monies set aside untaxed for 401ks might be on the chopping block as a source of revenue. This was leaked by Democrats in Congress so that everyone might know the lengths Congress is going through to make the unmanageable into reality. It was picked up by every major publication since then, which our man Donny in the Whitehouse, saw at some point and tweeted out:
There will be NO change to your 401(k). This has always been a great and popular middle class tax break that works, and it stays!
And rightly so… he should demand that. What this would do, aside from being a money grab to fix the unfixable now, is it pulls down taxable money from the future to this year. So we take from our future taxable income for the here and now (sounds like the theme of the administration really : ). The other thing this would do, that perhaps Donny didn’t know, is it would severely diminish those investments now which would ripple through the financial sector and most likely kick the shit out of the Dow Jones Industrial Average that Trump likes to mention daily.
Bob Corker basically responded, “Mind your own business kid; let the adults figure out the numbers.” Donny saw that video this morning and took to twitter right away to lash out like a petulant child.
Bob Corker, who helped President O give us the bad Iran Deal & couldn’t get elected dog catcher in Tennessee, is now fighting Tax Cuts….
…Corker dropped out of the race in Tennesse when I refused to endorse him, and now is only negative on anything Trump. Look at his record!
Isn’t it sad that lightweight Senator Bob Corker, who couldn’t get re-elected in the Great State of Tennessee, will now fight Tax Cuts plus!
Sen. Corker is the incompetent head of the Foreign Relations Committee, & look how poorly the U.S. has done. He doesn’t have a clue as…..
…the entire World WAS laughing and taking advantage of us. People like liddle’ Bob Corker have set the U.S. way back. Now we move forward!
Corker is right to try to keep Trump out of the business of governing that he doesn’t understand. The only thing Trump is interested in is making himself look good with having something…anything to sign and getting good ratings! To anyone that still thinks Trump has any idea what is going on in the world around him, let alone in the intricacies of policies, I submit all of Trump’s input on Healthcare reform from the after the House debacle to the end of the Senate Debacle (all of this took form on twitter, because in reality the dude honestly didn’t give a shit and never talked about it in any depth whatsoever. His main concern was having something to sign and undermining the ACA every chance he could):
June 22: I am very supportive of the Senate
#HealthcareBill. Look forward to making it really special! Remember, ObamaCare is dead.
June 26: Republican Senators are working very hard to get there, with no help from the Democrats. Not easy! Perhaps just let OCare crash & burn!
June 28: Some of the Fake News Media likes to say that I am not totally engaged in healthcare. Wrong, I know the subject well & want victory for U.S.
June 30: If Republican Senators are unable to pass what they are working on now, they should immediately REPEAL, and then REPLACE at a later date!
July 10: I cannot imagine that Congress would dare to leave Washington without a beautiful new HealthCare bill fully approved and ready to go!
July 12: The W.H. is functioning perfectly, focused on HealthCare, Tax Cuts/Reform & many other things. I have very little time for watching T.V.
July 14: Republicans Senators are working hard to get their failed ObamaCare replacement approved. I will be at my desk, pen in hand!
July 17: Republicans should just REPEAL failing ObamaCare now & work on a new Healthcare Plan that will start from a clean slate. Dems will join in!
July 18: We were let down by all of the Democrats and a few Republicans. Most Republicans were loyal, terrific & worked really hard. We will return!
July 18: As I have always said, let ObamaCare fail and then come together and do a great healthcare plan. Stay tuned!
July 19: I will be having lunch at the White House today with Republican Senators concerning healthcare. They MUST keep their promise to America!
July 19: The Republicans never discuss how good their healthcare bill is, & it will get even better at lunchtime.The Dems scream death as OCare dies!
July 22: ObamaCare is dead and the Democrats are obstructionists, no ideas or votes, only obstruction. It is solely up to the 52 Republican Senators!
July 23: If Republicans don’t Repeal and Replace the disastrous ObamaCare, the repercussions will be far greater than any of them understand!
July 24: Republicans have a last chance to do the right thing on Repeal & Replace after years of talking & campaigning on it.
July 25: ObamaCare is torturing the American People.The Democrats have fooled the people long enough. Repeal or Repeal & Replace! I have pen in hand.
@SenJohnMcCain-Thank you for coming to D.C. for such a vital vote. Congrats to all Rep. We can now deliver grt healthcare to all Americans!
July 26: Senator
@lisamurkowski of the Great State of Alaska really let the Republicans, and our country, down yesterday. Too bad!
July 27: 3 Republicans and 48 Democrats let the American people down. As I said from the beginning, let ObamaCare implode, then deal. Watch!
No one wants to see the same type of uninformed drivel from Trump concerning tax reform. Thing is, as it currently stands, there’s no reasonable solutions to the quandry our government has now put itself in. We’re going to be eating ground beef pressed into the shape of sirloins no matter what and not everyone is going to have a chair to sit on, but damn, the entertainment system will be rocking.