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Wednesday, January 17, 2018

Willful Blindness

The Washington Examiner has an annotated list of about 165 companies that have given their employees substantial bonuses, and/or have raised their minimum wage and/or have otherwise pledged to invest more in their communities all because of the newly enacted tax reform law.

Nevertheless, liberal opponents, particularly on MSNBC, continue to insist that the tax reform law will only help the rich and that workers will, in House Minority Leader Nancy Pelosi's words, get only "crumbs". $1000 bonuses may be "crumbs" for wealthy people like Pelosi, but it's a godsend to a lot of ordinary people.

Here's a video that interpolates some opponents' criticisms of the bill with what workers are actually receiving from it. After a while you have to wonder at what point are people so blinded by their anachronistic ideology and their contempt for the president that they become oblivious to reality and consequently make themselves foolish:
As I skimmed through the list of companies at the Examiner I noticed that companies run by liberals, tech companies like Apple and Google or banks associated with Tom Steyer, were not represented. Maybe I missed them or maybe their employee bonuses are still in the works. Or maybe they're just going to take their tax cuts and keep them for themselves. UPDATE: Apple just announced that it'll be investing 350 billion in the U.S. economy over the next five years as a result of the tax reform bill and has plans to create 20,000 new jobs. The benefits to Americans keep on coming. The Democrats are going to have a hard time defending the fact that not a single one of them voted for this reform.