You are a rookie at this, John, but I can go with some of this.
>“How about we just take $3 billion in subsidies we give to oil and gas companies that already turned billions in profits? How long did that take? Oh, wait. How about we just close down the carried interest loophole on hedge funds? That’s $1.3 billion a year,” he exclaimed.
That is probably a tax increase. Offset that with a spending cut and I'm in.
>He went on, ranting, “Oh, how about we stop the $2 trillion we’ve given to defense contractors to build a fighter jet that blows when everybody knows the next war is going to be fought with drones and blockchain, whatever that is.”
Agree.
>“Holy shit! I can’t believe it,” the comedian yelped. “I just saved us billions of dollars in 11 seconds! Just call me Big Balls!”
See how easy this is?
>Stewart next targeted pharmaceutical companies for “allowing” Americans to engage in negotiating drugs prices after taking billions in subsidies.
So, let's end the subsidy.
“It would be embarrassing if it was a small drop in the bucket and that the American people didn’t expect that we should negotiate for all their fucking drugs because we’ve already paid for them with our subsidies! Fucking thanks! Come on!” he yelled as he pounded the table.
Let them charge whatever. New companies will come do it cheaper and better. Done.
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