Readers React: The federal deficit has ballooned under Trump. Where’s the tea party?
To the editor: I continue to be astounded at even President Trump’s anemic sub-50% approval rating.
The effects of his signature policy achievement, the Tax Cuts and Jobs Act of 2017, are exactly what he and Republicans assail the most — federal deficits.
As your article, “U.S. federal deficit has ballooned 77% so far this fiscal year,†demonstrates, the 2017 law failed to make a major increase in the economy despite deep cuts for corporate and high bracket taxpayers and, not surprisingly, resulted in a $19 billion reduction of federal revenue and a four-month deficit of $310 billion.
Bill Clinton’s phrase, “It’s the economy, stupid,†has taken on new meaning.
Ken Goldman, Beverly Hills
..
To the editor: Where are the tea party protesters with their funny hats now? I don’t see them demonstrating over the federal deficit anywhere.
Oh, that’s right, this crazy deficit is the work of Republicans. Will wonders never cease?
I.D. Weiner, Malibu
Follow the Opinion section on Twitter @latimesopinion and Facebook
More to Read
A cure for the common opinion
Get thought-provoking perspectives with our weekly newsletter.
You may occasionally receive promotional content from the Los Angeles Times.
