Let me help President Trump. There is no us and them. There is no wealthy and middle class. There are people with income.
WHEN THE MIDDLE CLASS does well, the wealthy does well IF THEY ARE WORKING EXECUTIVES and/or ARE INVESTORS.
I would think President Trump would have a far clearer understanding that the wealthy are DEPENDENT on the Middle Class. As a hotel owner and an owner of casinos, his customers are the Middle Class in many instances. I would say in most instances.
If Governor Christi wants to revitalize Atlantic City or Former Senator Reid and Senator Cortez Mastro want to revitalize Las Vegas there needs to be a far stronger Middle Class. The major resort cities know their most numerous customers are family people that work for a living. There is no separation between Americans. They all benefit when the Middle Class is strong and well paid.
Let me make this perfectly clear. When the Republicans seek to lower tax rates on the wealthy and/or companies they are increasing the income at the top and impoverishing the rest of us. It is how the 1 percent was founded. The idea there is TRICKLE DOWN is completely bogus. It was a stupid concept that created the 10 percent and 1 percent. It is the very concept that caused Romney to disdain the 47 percent. THERE IS NO US AND THEM, there is only America.
Ronald Reagan attacked unions and the Middle Class has never been the same and the deterioration of the USA's economy was insured. The cheap labor policy of Wall Street brought cheap goods to the USA because it is the biggest consumer market in the world. IT HAD TO BE CHEAP because the majority of Americans were making minimum wage in a service economy EXCEPT for the professions. Correction, the professions and the car industry and other places where the unions were still alive, namely IN EDUCATION!
If the Republicans are convinced, as I am not, that the USA GDP has to be 3 percent in order to pay off the National Debt, they first have to close the National Deficit. So far, the 3 percent GDP hasn't done squat. President Obama closed the National Deficit with 2 percent or a little more than 2 percent GDP.
The real elephant in the room within the USA budget is the forever wars and the US military budget. As long as we are the world's police there will be hideous needs for a bloated military budget. And the real reality is the USA Navy is easily defeated by Chinese Container ships colliding with missile ships.
No one wants a hostile USA, but, that means every country supports a strong military that protects its borders and is an ally with like minded countries that share commerce and trade in cultural and educational opportunities as well as items sold for monies.
An ally is supposed to mean something and not just, "Oh, the USA will do that."
But, back to the Middle Class. Wall Street isn't supposed to be a place for gamblers. Gamblers belong in Atlantic City and Las Vegas. Wall Street's relationship with the Middle Class is easily identified when investors actually have an income from their stocks because a product is selling well.
Between Reagan and the GOP Trickle Down Economy the Middle Class was destroyed, and along with them, their unions.
I have a suggestion for Congress in drafting TAX REFORM. Eliminate corruption as the FIRST priority. Then strengthen the Middle Class and stop attacking unions in the taxes they pay. Strengthen the incentive to infuse pensions as a place where investors can be found to help Wall Street grow better products and services and not just financial services either. Unions should have an incentive to grow their own manufacturing base and hire Americans. Wouldn't that be interesting? Unions having a management interest as well as a member interest. I think that was part of the idea at Volkswagen in Tennessee. It was Tennesee where Corker lied and made a fool of himself? When he should have been rejoying at the opportunity to strengthen employee representation at the management table, he instead decided to demonize decent men looking to improve the quality of "work life" and "home life."
1. Eliminate corruption at every turn.
2. Strengthen the Middle Class with fair tax rates for the level of income they earn or save.
3. Strengthen Unions to support quality of life in the USA.
4. End the ZERO tax rate for the wealthiest Americans and corporations. I don't care if those corporations leave the country, they weren't doing anything except enjoy the quality of life we and our ancestors worked hard to build without paying a damn dime in taxes to maintain it. Those that pay ZERO TAXES at the top are adding to the National Debt while they covet our military.
5. Provide incentives for entrepreneurship and the rebirth of family farms.
Start there and we will see where we are in five years.