
For more information on how for 50 plus years GOP MAGA dark money corporate donors have been influencing US politics, See:
POTUS Biden Has Been Focusing on Lifting Up All Workers Including GOP MAGAs



As per an 10/17/2022, Washington Post report,” If the GOP becomes the majority in November, they’re looking to extend provisions from former President Donald Trump’s 2017 tax cuts, specifically focused on tax rates paid by individuals and corporations.”
See: GOP lawmakers are bashing Biden for driving up inflation, but they could make it worse by extending Trump’s tax cuts …https://www.businessinsider.nl
See what happened when UK conservatives passed right-wing favorite tax cuts as a way to boost its economy. All those who voted for Brexit were promised improved economic conditions, a promise based on conservative rightwing magical thinking.
As per the 10/20/2022 Daily Beast report, “Liz Truss Quits as British Prime Minister After Just 44 Days in Office” by Dan Ladden-Hall:
“A free market ideologue, Truss promised party members that she would radically slash taxes and put Britain on a path of rampant economic growth. Suank said such unfunded cuts would cause “misery for millions.” “The lights on the economy are flashing red, and the root cause is inflation,” Sunak said during one televised leadership interview in August. “I’m worried that Liz Truss’s plans will make the situation worse.”
“On Sept. 23, the British people got their first real taste of what was to come when Truss’ finance minister, Kwasi Kwarteng, unveiled his plan for growth. An ideological ally of Truss’, Kwarteng co-authored a book with Truss and others in 2012 titled Britannia Unchained which argued that high taxes and a bloated state were holding Britain back. Now in control of the nation’s finances, Kwarteng and Truss set about making their right-wing economic dream a reality. They announced the biggest tax cuts for 50 years, lifted the cap on bankers’ bonuses, and abolished the top rate of income tax.”
“The market response to Truss and Kwarteng’s economic plans was immediate and cataclysmic. The pound dropped to its lowest ever level against the dollar and government bond yields shot up by historic rises, creating a crisis in the mortgage market not seen since the financial crisis of 2008. Within three days, the turmoil had become so serious that the Bank of England was forced to take emergency action to stop what the central bank’s deputy governor called a “full-scale liquidation event” of pension funds triggered by Truss’ policies.”

“The wisdom of many is better than the wisdom of megalomaniacs. In any system, one essential trait is: How does information flow? In democracies, policymaking is usually done more or less in public, and there are thousands of experts offering facts and opinions. We still make mistakes, but the system learns.”
“Often in autocracies, decisions are made within a small, closed circle. Information flows are distorted by power. No one tells the top man what he doesn’t want to hear. The Russian intelligence failure about Ukraine has been astounding. Vladimir Putin understood nothing about what the Ukrainian people wanted, how they would fight or how his own army had been ruined by corruption and kleptocrats.”
“Government against the people is a recipe for decline. Democratic leaders, at least in theory, serve their constituents. Autocratic leaders, in practice, serve their own regime and longevity, even if it means neglecting their people. Thomas J. Bollyky, Tara Templin and Simon Wigley illustrate how life expectancy improvements have slowed in countries that have recently transitioned to autocracies. A study of more than 400 dictators across 76 countries by Richard Jong-A-Pin and Jochen O. Mierau found that a one-year increase in a dictator’s age decreases his nation’s economic growth by 0.12 percentage points.”
“When the Soviet Union fell, we learned that the C.I.A. had overstated the Soviet economy. It’s hard to successfully run a big society through centralized power.”
Outstanding! the post but to see you is better! hugs Gronda. If America dose not get it’s sh*t together (Democrat House and Senate) this midterm, everything will begin to fall. So good to see you. peace love and greetings from Oz.
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Dear Gary J.,
Back at you. I’m enjoying hearing from all of my blogging family of friends.
As of today, the political polls are painting a dismal picture for the chances of Dems keeping power in the US Congress but I’m not buying it because in US states where early voting has commenced, there has been a huge surge in voter turnout which usually bodes well for Democratic Party candidates.
Hugs, Gronda
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Excellent post….
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Dear Mary Plumbago,
Thanks for your support.
Hugs, Gronda
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[…] GOP MAGAs Push Towards Autocracy Will Harm US Economy and Its Citizens […]
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Dear Ned Hamson,
I appreciate your support with the reblog.
Thanks a million, Gronda
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Reblogged this on Filosofa's Word and commented:
Our dear friend Gronda gives us a spot-on and chilling analysis of where we are headed if the autocratic-minded Republican Party gains a majority in one or both chambers of Congress next year. The picture she paints is, for me at least, one that nightmares are made of. Thank you, Gronda! Great to have you back!!!
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Dear Jill,
Thanks for the reblog. I’m so enjoying blogging again. I’ve missed you and others. Is Roger still around?
I really am not buying current pundits and polls indicating that GOP candidates have the edge over Dems in this upcoming 2022 elections. Voter turnout in states with early voting has been overwhelming.
I bet there’re lots of women who aren’t truthful to others regarding their intended vote and there are young folks who’ll simply not respond to poll callers.
Hugs, Gronda
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Always my pleasure, Gronda! We don’t realize how much we appreciate something or someone until we miss them … I always appreciated your work, but I realized during your haitus just how much I relied on you!
Yes, Roger is still around! I just let him know that you’re back and told him to drop in and say ‘Hi’ to you, so I’m sure he will soon! He has his own set of troubles, as we all do, and he doesn’t blog as much as before, but he’s around and usually drops in to comment a few times a day.
I do hope you’re right … like you, I’m not completely buying into the polls … we’ve seen before just how wrong they can be! But, I feel it in the air, too … sense that the outrage over abortion a few months ago has cooled somewhat and that today what people care most about is the cost of a gallon of fuel or milk. That is, of course, important, but I think the future of our planet and our democracy have far longer impact and deserve greater consideration. Republicans would destroy both, given half a chance. Sigh.
Hugs, dear friend!
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Welcome back Gronda, hope all is well!
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Reblogged this on NEW BLOG HERE >> https:/BOOKS.ESLARN-NET.DE.
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Thanks a million for the reblog. Your support is very much appreciated, Gronda
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My pleasure! Thanks a lot for the information! Have a nice weekend arriving! xx Michael
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Gronda, good post. I love that you are writing again. What we are seeing in the Republican party is largely based on unfavorable demographic projections which show whites will no longer be a majority in America in twenty-five years, dropping to a plurality. Steve Schmidt, a former GOP strategist, noted in the late 1990s, the Koch Brothers did a forecast that overshadowed their concerns over a declining GOP base. They plotted two separate paths to remedying this decline
– recruit more members from non-whites, and/ or
– restrict the impact of non-Republican aligned voters
Since the former was not working to the satisfaction of GOP leadership, the voter and civil rights restriction path took more shape. This is one reason why an autocrat like Putin is admired by far too many people in the conservative ranks – he runs a largely white country in an authoritarian manner.
What Schmidt said did not surprise me, but this next point did. He said one plan was to get enough Republican led state legislatures (2/3) to call a US constitutional convention and return to Senators being appointed by the state legislatures rather than voted for. This scared the crap out of me.
As a former Republican, I can say with conviction the main mission of the Republican party is to give more money to rich people and help them keep it. Everything else is window dressing to gain voters. This is the main reason Republican leaders want conservative judges, so they will vote in favor of corporations and rich folks when sued for liability in class actions. I have said for years, over half the Republican voters are voting against their economic interests and have no idea they are.
These voters have been gaslighted into believing imperfect laws or benefits are terrible things heightening their faults. We came within one vote of repealing the ACA with some god-awful, poorly thought legislation that would have harmed over 20 million Americans and impacted provisions in employer health plans which impact another 150 million folks. Right now, we have Republican candidates speaking of sunsetting Social Security and Medicare every five years and having politicians, who will make going to the bathroom political, vote on their continuance.
So, this autocratic BS that is going is to make the rich people richer and help them keep it. This is a key reason why the plan to add back GOP stripped IRS agents is getting played up so much. It scares the envelope pushers on the tax filings. That would include people like the former president.
Keith
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Dear Keith,
Your comments are right on. What’s so disheartening to see in real time as to how so few GOP leaders are stepping up to salvage our US democracy which has been in decline for years due to GOP lawmakers’ abject obeisance to our defeated ex-president and the GOP dark money corporate donors who back them.
The GOP MAGA voter are clueless to understand that once these GOP MAGA moneymen are able to turn our democracy into an autocracy where decision making is centralized under a few powerful leaders, this same coalition of GOP MAGA voters will be discarded like rubbish because their votes will no longer be needed. While they’re being sold on culture war issues which won’t add one penny to their wallets, they’ll end up losing their financial shirts along with the power of their votes.
Hugs, Gronda
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Gronda, well said about being discarded. One of the authors of the many books about the former president spoke of his disdain for his followers and their naivete. His famous comment about shooting someone of 5th Avenue and still being liked is actually an insult.
Keith
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