Well folks, we sit and we wait. Wait to see the final outcome of the BBB, the Big Beautiful Bill. A bill that will shift further the tax burden to the middle class and give the wealthy elite a chance to buy a fifth or sixth home, or perhaps, just go out and buy a dang yaht.
For the last 90 days, Trump and his cronies have bragged about the bill, and downplayed its serious shortcomings. It would not add to the deficit, they claim. Or will it? Or will it dent an already fragile economy?
The middle class, not the rich and wealthy, drive the economy. They always have. Just as its usually a middle class that are job creators, just as it’s the middle class that are typically the inventors. If Elon Musk creates a company that sells widgets, and those widgets sell because the middle class is buying them, that allows Musk to open new widget stores, creating new jobs. Thus, the middle class has played a serious role in creating new jobs, and giving more people purchasing power to participate in the economy. Now, if those widgets fail, that company shuts its doors, the test jobs go away. If the middle class mis taxed to the point that they can’t buy the widgets, the widgets fail, and there’s no job growth.
Recently, the CBO has revised their numbers, and have predicted that the “Big Beautiful Bill” will increase the deficit by $2.4 trillion dollars over the course of the next ten years. The current U.S. debt as I write this is $36.21 trillion dollars, with $28.88 trillion held by the general public. Add the “Big Beautiful Bill” to the mix, and all of a sudden the so-called conservative budget hawks have America almost $40 trillion in debt. Other groups have adjusted the CBO numbers by more than a trillion dollars. Every who is an expert is calling the bill an economic disaster
That hasn’t stopped Trump from spending Speaker Johnson on a lying tour, claiming that Trump had the greatest economy ever (numbers don’t lie, as none of his claims could be validated). That seems to be one of the hallmarks of Trump. Every president before him was terrible and did everything wrong, and that in 349 years, he’s been the only anything right.
Trump will do anything to get this bill passed, even if that means returning to the place he’s clearly most comfortable, the bully pulpit. He’s forced Republican senators to announce they won’t run again. He’s demanded that only Republican that doesn’t vote for his bill be primaried and thrown out of the party in disgrace. Not shocking for a man that once suckled at the teat of mobster John Gotti. Trump wants his bill passed and he wants it passed right now.
Over the last year, Trump has engaged in trade wars with, well, everyone of our traditional trading partners. He’s imposed tariffs, which are passed to the consumer. Though Trump has demanded (there’s that word, again) that the companies eat all the cost of the tariffs, and not raise prices. They could do that, in theory. Though shareholders might have a say in that. And it could cost millions of Americans their jobs. Not good at a time in which the American government is going through a period of contraction, and Trump is actually bragging about increasing the unemployment numbers in America. Doesn’t matter that many of those people had to be hired back because they were fired illegally by D.O.G.E. D.O.G.E is the finest example of irony. An agency that claims its mission to be rooting out bloated government, when itself is an example of bloated government.
If the “Big Beautiful Bill” passes, it’s not going to be because the Republicans (well, some of them, anyways) backed it. It’s because they were bullied into supporting it, at the very risk of losing their jobs. Look, it’s long past time that true Republicans actually stood up to Trump. He’s bullied them into submission, happily sending his MAGA minions after them. They, along with some Democrats, have to seriously grow a set, and combat MAGA as the domestic menace it truly is. If they don’t, and they allow this bill to pass, there may not be much of an America left to fight for.