I’ve been following the national events since President Donald Trump assumed office. Donald Trump ran for president on many things, but foremost was improving the economy for working people.
Donald Trump said that prices will come down immediately after he was in The White House. They haven’t. That’s not surprising. Overpromising is common. But, since then, I have doubts about what his main priority really is. It’s beginning to look like we’re being bamboozled, and that the real goal is to enhance the wealth of the wealthy and have working people bear the cost.
Two initiatives are extensive tax cuts, the largest ever according to the president, and tariffs. Most of these tax cuts will go to the wealthiest segment of our population.
And what about the tariffs against goods exported from Canada, Mexico, China and others? The direct effect will increase the prices that we pay for most of the products that we buy, including much of our food.
In short, the economic benefits of the tax cut are, by design, going to make the rich richer, and the tariffs are going to make everything more expensive for the rest of us.
So, in effect, what is actually happening is a massive transfer of money from working people into the bank accounts of our wealthiest people, including Elon Musk; sort of a reverse Robin Hood.
I don’t think this is what most of us signed on for in our last election. I think we’re being bamboozled.
Charles Salzberg
Logan, UT
