You're currently reading an archived version of Jim Hightower's work.
The latest (and greatest?) observations from Jim Hightower are only now available at our Substack website. Join us there!
Trump’s idea of “working class” turns out to be millionaires and billionaires, for that’s who would get the bulk of benefits from his agenda. In his blustery speeches he assails corporations that are offshoring and outsourcing American jobs, charging them with knocking down middle-income families and devastating working-class cities – but he then turns and rewards them! His proposed tax cuts, for example, don’t benefit low-wage workers at all and provide only a pittance of gain for those with middle-class paychecks, but corporations are given a huuuuuuuge windfall with a nearly 60 percent cut in their tax rate.
Listen to this classic commentary to find out what Trumponomics really means.