Monday, May 22, 2017

Medicaid and Food stamps cut going to Mortville

With Trump's budget coming and it's expected to cut $1.7 trillion from programs like Medicaid and food stamps. That's not a good thing!

~~~~~Trump's budget comes out Tuesday and it's expected to cut $1.7 trillion 
from programs like Medicaid and food stamps

~~~~~Trump's budget: Big gifts for the rich, big cuts for the poor
Mick Mulvaney, Trump's budget director, spelled it out clearly for reporters on Monday. The largest savings in the budget come from these items:
1. Cuts to Medicaid (Over $600 billion in the next decade) 
2. Cuts to food stamps, known as SNAP ($193 billion over 10 years) 
3. Cuts to student loans ($143 billion over 10 years) 
4. Cuts to federal worker retirement programs ($63 billion over 10 years)
Anytime you cut food stamps you take them away from being passed on
to businesses. Food stamps is like living paycheck to paycheck.
So people on the food stamps will cut back their own spending.

Medicaid cuts is not good being many are less than minimum wage retirees
out there mostly in small town where the wages never grown as seen as
small towns having nothing because they make nothing.
So they retire with nothing! Also with the poor and with kids you don't
want to cut any from them being the lack of wage growth.
It's 9 years since the minimum wage has been increased.
The wages really don't match inflation and with states trying
to get more money in from the poor. Like a cigarette tax taking
away $1.25 per pack from the family. It is better to tax chardonnay
it's a better tax revenue source being the poor mostly smokes
and has less money to.

Reductionist reduce to zero!!!! With budget cuts they reduce to zero!
They have to raise the pay sometime. When you have many people cutting
back their spending when they buy nothing anyway is not good for the labor force
and businesses!

If noting is done then we all will be heading to Mortville in our
Desperate Living! Your low taxes and low pay at work!