Thursday, February 8, 2018

One Major Difference Between 2010 and 2018

...For all the similarities, however, there is one huge difference between 2010 and 2018. It's the difference between Obamacare and the Republican tax cut.

After it passed, Obamacare never gained ground in the court of public opinion. There were no short-term benefits for voters but many unpleasant surprises. Millions were unable to keep their doctor, buying insurance didn't mean you could find a doctor who would take it, and the prices went up rather than down. Over time, the reality of Obamacare proved to be such a drag on Democrats that Republicans now hold more political power than at any point since the 1920s.

In contrast, the tax cut has already seen a big jump in public approval because the results have pleasantly surprised voters. When the bill was being debated, nearly half expected their own taxes would go up. Now, 90 percent are finding more money in their paychecks because their taxes have gone down. Not only that, millions of voters have received cash bonuses and pay raises while the news is filled with stories of companies expanding and hiring more workers. Once again, reality is more powerful than rhetoric....