Date: 2025-07-02 Page is: DBtxt003.php txt00026246
US POLITICS
REPUBLICANS ... SENATOR RICK SCOTT
Taking issue with the logic of the Senator!
REPUBLICANS ... SENATOR RICK SCOTT
Taking issue with the logic of the Senator!
Rick-Scott-on-Biden in 2021
Original article:
Peter Burgess COMMENTARY
Peter Burgess
This may be politically convenient, but it is dangerous and unsustainable.
This was what was on my mind when I responded to a Tweet from conservative Senator Rixk Scott back in 2021
Peter Burgess @peterbnycFast foward almost 3 years and Republican Senator Rick Scott together with most of the GOP and especially MAGA Trump supporters have been wrong on economics almost 100% of the time.
GOP talking points are just plain wrong. US jobs went overseas at scale when Reaganomics went into high gear in the 1980s. Younger politicians and economists don't seem to remember the cost push inflation associated with the OPEC oil shock of 1973.
Quote
Tim Scott @SenatorTimScott
· May 5, 2021
Under President Biden’s plan, our corporate tax rate would be among the highest in the world.
What does that mean for us? Jobs shipped overseas, staggering inflation, and an advantage for our global competitors.
10:41 AM · May 6, 2021
I am in my 80s ... I have had an interesting lifetime and been in a learning mode for a very long time. In the 1960s I was a young person learning accountancy at Cooper Brothers (now PwC) in Lobdon. Part of my training was doing some of the 'grunt' work on tax returns for some of the 'wealthy' people in the UK and internationally. Back then, most of these wealthy folk were paying marginal tax at the rate of in excess of 90% in the UK and something over 60% in the United States. This is very different from the rather modest tax burden there is for the wealthy in the modern world. I see Reagan being the social/political tipping point in the USA and the OPEC oil shock of 1973 being the global economic tipping point and NOW being the tipping point for the environment!
While Biden does not have the charisma of some other political figures of history, his legislative success has been impressive ... up there with Eisenhaure, Kennedy and Johnson combined. Sadly, the Democrats are incompetent when it comes to messaging, a problem that goes back several decades. In fact it goes back to Reagan and his reputation as the 'Great Communicator' supported in large part by Peggy Noonan, an impressive right wing speachwriter who was on his staff!
Rick Scott does not appear to be very good on economic history ... he is too young to have experienced the international outsourcing that took place under Republican leadership in the 1980s and in fact has continueed till the present time. Biden, more than any recent political leader has done work to change this but no headline seaking MAGA Republicans will acknowledge this!
Peter Burgess @peterbnyc GOP talking points are just plain wrong. US jobs went overseas at scale when Reaganomics went into high gear in the 1980s. Younger politicians and economists don't seem to remember the cost push inflation associated with the OPEC oil shock of 1973. Quote Tim Scott @SenatorTimScott · May 5, 2021 Under President Biden’s plan, our corporate tax rate would be among the highest in the world. What does that mean for us? Jobs shipped overseas, staggering inflation, and an advantage for our global competitors. 10:41 AM · May 6, 2021