Jump to content

Former AT&T CEO unloads on Trump for ‘stiffing’ rural America in scathing column


Recommended Posts

Trump’s policies have wrecked Iowa’s economy — according to the former CEO of AT&T Broadband.

 

Leo Hindery Jr., currently co-chair of the Task Force on Job Creation and a member of the Council on Foreign Relations, laid out a damning indictment of Trump’s economic policies in a column published The Gazette, the second-largest newspaper in the state.

 

“The dirty secret of the economy under Trump is that while major corporations have had reasons to celebrate, rural communities in the heartlands have gotten stiffed,” Hindery wrote.

 

 

“Case in point: Iowa,” he added. “Research shows that in the state the bulk of the economy’s benefits are being enjoyed by the richest one percent of Iowans, and much less so by the state’s small businesses and farmers who are fighting for scraps.”

 

The Republican tax cuts were merely handouts to the wealthy, Hindery wrote, and he urged Democrats campaigning and debating in the state to call them out as that.

 

“A recent analysis conducted by the Iowa Policy Project found that the wealthiest Iowans have benefitted most from the Trump administration’s Tax Cuts and Jobs Act,” Hindery wrote. “These findings indicate that the richest one percent – those Iowans with an average income of more than $1 million per year – captured 24 percent of all tax cut gains. The poorest 20 percent of Iowans – those making less than $13,700 per year – saw only about one percent of the total.”

 

The tax cuts have failed to help smaller farm and small business owners, as well, he argued.

 

“Even Trump’s $16 billion emergency aid package for farmers who’ve been hung out to dry by the misguided trade war with China has proven to be just another goody bag for the wealthy,” Hindery wrote. “According to analysis by the Environmental Working Group (EWG), most of the $8.4 billion given out as a part of the aid package has gone to wealthy farmers. The top one percent of recipients received on average roughly $183,000 while the bottom 80 percent of farmers received less than $5,000.”

 

“This pattern could not be starker,” he added. “The President and his supporters in Congress continually promise a lifeboat to those struggling to stay afloat but then they barely throw them a line.”

 

 
Link to comment
Share on other sites

4 minutes ago, personreal said:

The OP author...

 

"Leo Hindery: A Liberal Canary in the Obama Mine Shaft Who Deserves Watching"

 

"After Edwards, Leo became a big-time supporter of Obama. In March 2008"

 

https://www.breitbart.com/the-media/2010/02/06/leo-hindery-a-liberal-canary-in-the-obama-mine-shaft-who-deserves-watching/

bump

Link to comment
Share on other sites

OP author Leo Hindery...

 

"But for years Sanders has enjoyed donations from a handful of wealthy donors including media moguls Leo J. Hindery and Steven C. Markoff."

 

"Hindrey, managing partner of the private equity fund InterMedia Partners and former chief executive of AT & T Broadband and of the YES Network, also maxed out on contributions to Sanders.  Hindrey, while advocating for fewer tax breaks for the wealthy, is among the biggest Democratic fundraisers in the country."

 

https://www.foxnews.com/politics/bernies-billionaires-some-wealthy-donors-have-backed-sanders-for-years

Link to comment
Share on other sites

11 minutes ago, personreal said:

The OP author...

 

"Leo Hindery: A Liberal Canary in the Obama Mine Shaft Who Deserves Watching"

 

"After Edwards, Leo became a big-time supporter of Obama. In March 2008"

 

https://www.breitbart.com/the-media/2010/02/06/leo-hindery-a-liberal-canary-in-the-obama-mine-shaft-who-deserves-watching/

 

So the Iowa Policy Project is wrong? Trump's* tax cuts are really NOT a gift to the rich? What is your fugging point?

 

* impeached

Link to comment
Share on other sites

5 minutes ago, personreal said:

The hobo hoe weighs in.

You think people don't know, whether it's in Iowa or anyplace else? Everybody but YOU knows. Trump's* tax cuts were a giveaway to the rich. End of story

 

* impeached

Link to comment
Share on other sites

25 minutes ago, benson13 said:

Russian Comrade personreal and"Reality"......ROTFLMFAO!!!

 

 

good one!!

Reality: Iran lobbed 22 missiles at US bases without consequence. That's how tuff Trump* really is

 

* impeached

Link to comment
Share on other sites

58 minutes ago, personreal said:

Then why are wages up across the board?

 

 

First of all, they aren't. Some companies have decided to offer their workers more hours of work, some have raised wages because of a shortage in some parts of the country, and in other places, wages have remained the same.

 

You have demonstrated that you will believe any damned thing that Trump tells you.

Link to comment
Share on other sites

Just now, XavierOnassis said:

First of all, they aren't. Some companies have decided to offer their workers more hours of work, some have raised wages because of a shortage in some parts of the country, and in other places, wages have remained the same.

 

You have demonstrated that you will believe any damned thing that Trump tells you.

YET YOU CAN'T PROVE SHIIT

Link to comment
Share on other sites

Just now, XavierOnassis said:

The facts are there, but you are too effing dumb to find them. If I were to post them, you would claim they were false. You are nothing but a fool and a dummy that likes to insult others. The dumbest of Trolls.

non answer

Link to comment
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

×
×
  • Create New...