Donald Trump's "economic" speech in Detroit yesterday has been widely panned by normal economists and a re-tread of supply-side nonsense from the old Reagan Bush days. What George HW Bush called, before he sold his soul to become Vice President, "voodoo economics."
We all know that's true, but it still does a heart good to read this, the latest of Elizabeth Warren's horsewhupping tweet storms against Donald Trump and his idiocy. Enjoy:
.@realDonaldTrump's econ plan was written by rich corporate insider advisors to make the economy even greater for rich corporate insiders.
— Elizabeth Warren (@elizabethforma) August 8, 2016
“Cut regulations massively,” @realDonaldTrump? No rules & no accountability means people get ripped off & markets blow up. Remember 2008?
— Elizabeth Warren (@elizabethforma) August 8, 2016
A “moratorium” on agency regulations means stopping new rules on shady payday lenders & too-big-to-fail banks, @realDonaldTrump.
— Elizabeth Warren (@elizabethforma) August 8, 2016
W/o rules, @realDonaldTrump, too many huge banks juiced profits by cheating ppl on mortgages, credit cards, etc, then crashed our economy.
— Elizabeth Warren (@elizabethforma) August 8, 2016
Trump gets advice from Bear Stearns' fmr chief economist. So @realDonaldTrump: did BS need FEWER regs when they helped crash our economy?
— Elizabeth Warren (@elizabethforma) August 8, 2016
Cheating customers & gaming the system might be your business, @realDonaldTrump, but it’s not the way America is going to do business.
— Elizabeth Warren (@elizabethforma) August 8, 2016
And taxes? @realDonaldTrump wants billionaires & giant corps to pay EVEN LESS – so there’s less money for ed, infrastructure & research.
— Elizabeth Warren (@elizabethforma) August 8, 2016
Even @realDonaldTrump's childcare plan gives billionaires w/ a nanny a tax break while millions of low-income households get nothing.
— Elizabeth Warren (@elizabethforma) August 8, 2016
.@realDonaldTrump's economics plan is all about helping rich guys like Donald Trump get richer – & leaving everyone else behind.
— Elizabeth Warren (@elizabethforma) August 8, 2016
The American people aren’t dumb, @realDonaldTrump. We don’t trust you with our nuclear codes AND we don’t trust you with our economy.
— Elizabeth Warren (@elizabethforma) August 8, 2016