What a field day for the heat
A thousand people in the street
Singing songs and carrying signs
Mostly saying, "hooray for our side"

Wednesday, April 26, 2017

Linkee-poo three make a post

I keep hearing Budget Director Mick Mulvaney and Trump talk about getting GDP growth over 4% and how "it hasn't happened for the past 10 years." Nope, it's been much longer than that. "Since 1980, Clinton's years came the closest, but they were just shy of the 4 percent mark on average — closer to 3.8 percent, to be exact. Reagan was next at about 3.5 percent growth, followed by George H.W. Bush, who was slightly above 2 percent. Obama comes in just below 2 percent, and George W. Bush is behind him, at around 1.7 percent." That's from an article from the campaign when Jeb! was talking about getting over 4%. Basically, since we've entered the era of "trickle-down economics" and "tax cuts" we have not had sustained 4% GDP growth. Ever. Hell, I remember Reagan saying that 2% GDP was the new normal. So when they say "10 years", they're lying to you and attempting to frame the argument that Democratic economic principles are bad for the economy.

So a long time ago Congress decided that Medicare couldn't reform itself and rid the system of fraud, so they outsourced the billing processing. How are they doing? "While these improper claims now comprise 11 percent of all Part A and B claims, as recently as 10 years ago, it was only 4 percent. In short, there are more bad actors today." And they cost more. Privatization never reduces cost or increases efficiency of government. Never.

"In this morning’s edition of Mike Allen’s not-Playbook from Axios he introduces what seems to be Ivanka Trump setting up something that sounds a lot like the Clinton Foundation, only in this case run from within the White House by a top presidential aide who is also the President’s daughter, who also runs her own large international company and who also has two brothers who are currently running the President/Father’s company and trying to rake in as much money as possible on the fame and power of the presidency. Also, let’s be honest, the Trumps are a notoriously corrupt family, especially when it comes to running foundations." (Grokked from Jim Wright)

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