Jonathan V. Last

The Republican Party's just absolutely implacable commitment to shrinking redistribution. They just hate when the government taxes rich people to give money to people who aren't rich. They think it's just wrong. It's unfair at a cosmic level. And they'll do anything they can to roll it back. And that's what they're doing now.

not to in any way, you know, minimize the work that you've been doing in journalism, talking about the Republicans love for tax cuts for the rich for the past couple of decades. It does feel like this is the worst example of it for a variety of reasons. Like one, it is happening at a moment where they're like,

not to in any way, you know, minimize the work that you've been doing in journalism, talking about the Republicans love for tax cuts for the rich for the past couple of decades. It does feel like this is the worst example of it for a variety of reasons. Like one, it is happening at a moment where they're like,

not to in any way, you know, minimize the work that you've been doing in journalism, talking about the Republicans love for tax cuts for the rich for the past couple of decades. It does feel like this is the worst example of it for a variety of reasons. Like one, it is happening at a moment where they're like,

trying to brand themselves as a kind of a populist working man's rebrand so it is in direct conflict to the actual messaging that they're putting forth you know i mean say what you want about the tenets of reaganism he was pretty unapologetic about this so that's one so it's there is a dishonesty to it yeah but also just the economic situation that we're in

trying to brand themselves as a kind of a populist working man's rebrand so it is in direct conflict to the actual messaging that they're putting forth you know i mean say what you want about the tenets of reaganism he was pretty unapologetic about this so that's one so it's there is a dishonesty to it yeah but also just the economic situation that we're in

trying to brand themselves as a kind of a populist working man's rebrand so it is in direct conflict to the actual messaging that they're putting forth you know i mean say what you want about the tenets of reaganism he was pretty unapologetic about this so that's one so it's there is a dishonesty to it yeah but also just the economic situation that we're in

Right now, like the given the massive, as you just mentioned, the interest payments on the debt that we're making, given the fact that what we've seen from the bond markets about how it's, it's really impacting people's lives in a way that the debt and deficit wasn't, you know, during some of these past tax fights, right? Like people who have car loans, home loans, student loans, right?

Right now, like the given the massive, as you just mentioned, the interest payments on the debt that we're making, given the fact that what we've seen from the bond markets about how it's, it's really impacting people's lives in a way that the debt and deficit wasn't, you know, during some of these past tax fights, right? Like people who have car loans, home loans, student loans, right?

Right now, like the given the massive, as you just mentioned, the interest payments on the debt that we're making, given the fact that what we've seen from the bond markets about how it's, it's really impacting people's lives in a way that the debt and deficit wasn't, you know, during some of these past tax fights, right? Like people who have car loans, home loans, student loans, right?

Like the interest rates are rising in a way that's squeezing a lot of middle class people. It is happening, you know, in a way like after we've had several of these already. The Reagan the Reagan tax cut like took a top tax rate for a very high level down to a lower level. Right. There was one one increase since then. And so and it's been brought back down then by Trump.

Like the interest rates are rising in a way that's squeezing a lot of middle class people. It is happening, you know, in a way like after we've had several of these already. The Reagan the Reagan tax cut like took a top tax rate for a very high level down to a lower level. Right. There was one one increase since then. And so and it's been brought back down then by Trump.

Like the interest rates are rising in a way that's squeezing a lot of middle class people. It is happening, you know, in a way like after we've had several of these already. The Reagan the Reagan tax cut like took a top tax rate for a very high level down to a lower level. Right. There was one one increase since then. And so and it's been brought back down then by Trump.

It's gone back and forth. It's gone back and forth with the government.

It's gone back and forth. It's gone back and forth with the government.

It's gone back and forth. It's gone back and forth with the government.

So, you know, I mean, we're doing it just at a moment where it is. on the merits, the least called for and potentially damning and where the politics of it are, you know, betray a deep hypocrisy and what, what Mac is putting forth.

So, you know, I mean, we're doing it just at a moment where it is. on the merits, the least called for and potentially damning and where the politics of it are, you know, betray a deep hypocrisy and what, what Mac is putting forth.

So, you know, I mean, we're doing it just at a moment where it is. on the merits, the least called for and potentially damning and where the politics of it are, you know, betray a deep hypocrisy and what, what Mac is putting forth.

So I agree with you on the economics. I disagree with you on the politics. So why don't I start where I agree and then, and then we'll move to the disagreement. So I'll give you a chance to push back. On the economics, you're right. I mean, the interest rates have been low since Bill Clinton came in.