White House Announces Plan to Screw the Working Poor

Larry Kudlow speaks:

The White House’s top economic adviser said Thursday that he opposes the federal minimum wage, arguing that the decades-old law is a “terrible idea” that drives up costs for small businesses across the country…..Kudlow also said the White House will again try to cut Obamacare and substantially reduce federal spending.

Second things first: Kudlow says the White House wants to “substantially” cut federal spending without touching Social Security, Medicare, or (presumably) defense spending. Interest on the national debt is off limits too, of course. So what’s left? This isn’t worth a lot of work, so I just grabbed someone else’s pie chart of federal spending off the web. This happens to be for 2015, but nothing much has changed since then:

The dotted line covers everything that’s off limits, so if Kudlow wants to “substantially” cut federal spending he’s going to need huge, swinging reductions in the small piece of the pie that’s left over.

This is nothing new. We’ve seen it a hundred times from Republicans. The bottom line is that Kudlow wants to cut programs for the poor, since that’s just about the only thing left. What a surprise.

And now to take first things second: it’s also not a surprise that Kudlow wants to do away with the minimum wage. But smart Republicans keep telling me that this is because there are smarter ways to help the working poor, like EITC or wage subsidies. So I guess Kudlow must be in favor of those instead.

It’s funny, though. He didn’t mention any of them. Just an oversight on his part, I’m sure.

FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2019 demands.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate

We have a new comment system! We are now using Coral, from Vox Media, for comments on all new articles. We'd love your feedback.