US Politics in Trump era Public date: 02.10.2020 20:59:01

13 Feb 2019

Trump offers socialism for the rich, capitalism for everyone else

America will never be a socialist country,” Donald Trump declared in his State of the Union address. Someone should alert Trump that America is now a hotbed of socialism. But it is socialism for the rich. Everyone else is treated to harsh capitalism. In the conservative mind, socialism means getting something for doing nothing. That pretty much describes the $21bn saved by the nation’s largest banks last year thanks to Trump’s tax cuts, some of which went into massive bonuses for bank executives.
America will never be a socialist country,” Donald Trump declared in his State of the Union address. Someone should...

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