“There can’t be a good economy without good businessmen, without their capacity to create and to produce,” he said, shattering his reputation as an enemy of the free market economy.
.. Moreover, only an economically healthy society can keep a democracy afloat, he suggested... “A monthly check from the state that allows you to keep the family afloat doesn’t solve the problem. It has to be resolved with work for everyone,” he said... “When it’s a system of individual incentives that puts workers into competition among themselves, you can obtain some advantages, but it ends up ruining the trust that’s the soul of any organization,” the Pope argued. “When a crisis comes, the company falls apart. It implodes, because there’s no longer any harmony.”.. The Pope said that it is “the many thousands of men and women who strive each day to do an honest day’s work, to bring home their daily bread, to save money and – one step at a time – to build a better life for their families” who “sustain the life of society.”.. The Pope’s most remarkable words came when speaking about the ability of the free market to lift people out of poverty... “Business is a noble vocation,” the Pope continued, “directed to producing wealth and improving the world. It can be a fruitful source of prosperity for the area in which it operates, especially if it sees the creation of jobs as an essential part of its service to the common good.”
Trump to propose big cuts to safety-net in new budget, slashing Medicaid and opening door to other limits
Trump’s budget plan would follow through on a bill passed by House Republicans to cut more than $800 billion over 10 years.
.. The Congressional Budget Office has estimated that this could cut off Medicaid benefits for about 10 million people over the next decade.
.. The White House also will call for giving states more flexibility to impose work requirements for people in different kinds of anti-poverty programs
.. Numerous social-welfare programs grew after the financial crisis, leading to complaints from many Republicans that more should be done to shift people out of these programs and back into the workforce. Shortly after he was sworn in, Trump said, “We want to get our people off welfare and back to work. . . . It’s out of control.”
.. In that budget, he sought a big increase in military and border spending combined with major cuts to housing, environmental protection, foreign aid, research and development.
.. The White House also is expected to propose changes to the Supplemental Nutrition Assistance Program, though precise details couldn’t be learned. SNAP is the modern version of food stamps, and it swelled following the financial crisis
.. As the economy has improved, enrollment in the program hasn’t changed as much as many had forecast.
.. An average of 44 million people received SNAP benefits in 2016, down from a peak of 47 million in 2013. Just 28 million people received the benefits in 2008.
.. SNAP already has a work requirement, which typically cuts benefits for most able-bodied adults who don’t have children. But states were given more flexibility during the recent economic downturn to extend the benefits for a longer period
.. the U.S. government spends between $680 billion and $800 billion a year on anti-poverty programs, and considering wholesale changes to many of these initiatives is worthwhile, given questions about the effectiveness of how the money is spent.
.. it could pave the way for states to pursue even stricter restrictions, such as drug tests, that courts have often rejected.
.. In March, the White House signaled that it wanted to eliminate money for a range of other programs that are funded each year by Congress. This included federal funding for Habitat for Humanity, subsidized school lunches and the U.S. Interagency Council on Homelessness
.. a change in the funding for Social Security’s Supplemental Security Income program, which provide cash benefits for the poor and disabled.
.. budget director, former South Carolina congressman Mick Mulvaney
.. A key element of the budget plan will be the assumption that huge tax cuts will result in an unprecedented level of economic growth.
.. these tax cuts would end up creating trillions of dollars in new revenue, something budget experts from both parties have disputed.
.. The tax cuts would particularly benefit the wealthiest Americans, as Trump has proposing cutting the estate tax, capital gains and business tax rates.
.. Robin-Hood-in-reverse
.. there has been a deficit in the United States every year since the end of the Clinton administration
.. “People think government is cheaper than it is because we’ve allowed ourselves to borrow money for a long period of time and not worry about paying it back.”
.. Its premise is that the creation of more wealth will help all Americans succeed, and the Trump administration believes that some anti-poverty programs have created a culture of dependency that prevents people from re-entering the workforce.
.. “I don’t think the Republicans on the Hill are going to feel a strong compulsion to follow the president,” Haskins said. “They are not afraid of him.”
.. the White House is expected to call for $200 billion for infrastructure projects and an additional $25 billion over 10 years for a new program designed by Ivanka Trump that would create six weeks of parental leave benefits.
Trump Isn’t the Apotheosis of Conservatism
Writers like Rick Perlstein who find in 2016 evidence to validate their darkest views of Republicans miss the ways in which Trump’s rise is a story of discontinuity.
.. the United States has noteworthy traditions of illiberalism and political violence. The 1920s suffered terrorist violence not only at the hands of the Ku Klux Klan, but also those of anarchist bombers who maimed and killed hundreds of people from 1919 to 1921. From the Civil War to World War II, American labor relations were more violent than those of most other industrialized countries. Four presidents have been assassinated; four others—Theodore Roosevelt, Franklin Roosevelt, Gerald Ford, and Ronald Reagan—only narrowly survived or escaped a bullet. Race riots have ripped apart American cities for almost as long as there have been American cities... The “Democrats founded the Klan” talking point is, of course, literally true. But it’s not deployed in the service of truth. It’s designed as an excuse and an attack, not an explanation... Contemporary progressivism values both cultural cosmopolitanism and also economic egalitarianism; both diversity and equality... The wealth and power of the country are moving into the column of the party supposedly of redistribution; disappointment and despair into the party supposedly of enterprise... The Second Klan of the 1920s originated in the Deep South, then rapidly spread after 1919 into the then most dynamic regions of the country: New York and Long Island; Detroit and Pittsburgh: Philadelphia and the anthracite Belt; the Pacific Northwest and Los Angeles. The Trump vote, by contrast, is concentrated in the least dynamic areas of the country. The 2,600 counties won by Trump produce only about one-third of America’s wealth... the Trump vote could be seen as the despair of defeated people—something more like the William Jennings Bryan candidacies... the appropriate source of concern for the American future is not Trump’s duped voters, but the politician who did the duping.. the story to tell is not that of the remorseless rise of fascism in the people, but the failure of popular institutions to resist and contain the ambitions and impulses of a charismatic authoritarian without a popular mandate.
Break Up the Liberal City
if they are innovation capitals it’s a form of innovation that generates fewer jobs than past technological advance. If they produce some intellectual ferment they have also cloistered our liberal intelligentsia and actually weakened liberalism politically by concentrating its votes.
.. Liberalism has become more smug and out-of-touch; conservatism more anti-intellectual and buffoonish. The hive-mind genius supposedly generated by concentrating all the best and the brightest has given us great apps and some fun TV shows to binge-watch, but the 2000s and 2010s haven’t exactly been the Florentine Renaissance.