It isn’t ignorance, these rotten people know what they are doing. If he has a soul, and I don’t think he does, he is angry at being confronted about something he knows to be true, but doesn’t want to accept. Everyone knows this is a transfer to the wealthy and this at a time when wealth and income inequality have already exploded. Creeps like this have supported corrupt right wing governments and oligarchies the world over. It isn’t like these massive giveaways to the rich only happens here. Besides, what do these people think NAFTA like deals are, and the WTO, mass privatizations of public assets for pennies on the dollar, using taxpayer money to bail out financial capital, among other things, are? Just a bunch of theater for the big media talking heads. Most people see this for what it is.
I’d also like people like this to explain something. Corporations are already sitting on massive amounts of money. Banks have trillions sitting at the Fed, doing nothing. So, why aren’t they investing domestically? Pretty simple, there is just no effective demand. These people have worked tirelessly for decades to grind down wages, and they’ve worked to gut social protections and have pushed for austerity. As a result, there simply isn’t enough effective demand. No company is going to invest domestically if there isn’t enough demand to buy what businesses would produce, and there isn’t enough demand, and these right wing hacks are opposed to doing anything to increase effective demand. We know that giving money to people with high propensities to consume (the poor) is the best way to grow the economy, but they are, again, dead set against that. All giving money to rich is going to accomplish is that they will now have more money to bribe rotten politicians like this, more money to be put in tax shelters, more money for financial speculation, and more money to buy up their own shares. Most capitalists aren’t going to invest in this economy because we’ve done everything, thanks to the “centrist Democrats” and the Republicans, to depress aggregate demand, and they simply have no way of changing this while making their big money donors happy. We’re just going to stagnate, and things will get progressively worse for an increasing percentage of the country, and eventually enough radicals will get elected to put in place long overdue changes. They’re giving massive amounts to people that already have too much money, people existing in an economy where domestic demand is flat-lining and the people getting this money have a low propensity to spend and a high propensity to save.
It says a lot about us as a country that this is the best this dying political system can produce. What a bunch of mediocre people and thinkers.