Posted by: Audrey Erbes | December 17, 2017

Tax Bill Wastes Our Resources Without Solving Real Economic and Social Problems

Proposed Tax Bill Is Giveaway to Donors Not Tax Reform

Real tax reform could be very valuable to help resuscitate our economy and encourage real growth. But Congress is blowing the opportunity. For example, putting the trillion and a half dollars into healthcare and infrastructure could truly impact positively on the economy by ensuring real job growth. Rather the Republicans seem hell bent on wasting this money by giving it to those who least can use it to bring about real reform and then force huge reductions in entitlement programs to pay for their economic recklessness.

The Congressional “carnival hucksters”associated with and supported by the biggest liar of all are making promises of a Christmas present to the middle class  and outrageous associated economic growth. The latest and largest fib came from “number 45” suggesting the growth rate could go as high as 6% while 3% is agreed upon by reputable economists on both sides. This phenomenal rate will supposedly pay for the tax giveaway to corporations and the wealthiest. The small tax benefit the middle class will get will only last a few years while the corporate cutback is permanent. Our elected representatives are gambling with the country’s future. They have proven to have short term memories about the great recession which started in 2007 and led to need for severe cut backs in expenditures and sequestration.

The Affordable Care mandate will be removed under this bill. This will lead to the loss of coverage of many more and growth of healthcare costs to individuals, especially, the poorest. It’s no secret that Paul Ryan (the youthful appearing Leader of the House who holds an old man ideology dating back to college days) can’t hold back his enthusiasm for bringing so much hardship on working class Americans as he envisions finally removing entitlement program benefits such as Medicare and Medicaid. Eventually, he would shrink social security in his Ayn Rand fantasy world. Most young men outgrow unrealistic illusions of such ideology but this is not true of Ryan. Ryan was and economics/political science major in college but with no experience personally of seeing injury his ideology works on real people.

His partner in this sabotage of our rights and quality of life includes Mitch McConnell, a truly stubborn old intransigent control freak who wants all the marbles and seemingly has never learned to share.

I worry that this poorly thought out tax bill will pass and produce more hardship for hard-working Americans.

Highlights of Upcoming Bay Area Week’s Life Science Events Through End of January

With the holidays upon us, I will be taking break until third week in January so I have listed events through end of January.

  • Golden Gate Polymer Forum, Wednesday Evening, Dec. 20, 2017, Topic:”From Fundamental Polymer Synthesis to Applications – Polythioaminals from the Stabilization of Reactive Intermediates for Tailorable Surfaces”, speaker, Rudy J. Wojtecki. IBM Almaden Research Center, San Jose
  • Bio2Device Group, Tuesday Mid Day, Jan. 9, 2018, Event: “Tour, Talk and Lunch at Steri-Tek,” Speaker: Larry Nichols, CEO, Steri-Tek
  • Simon+Kucher Partners, Friday, Jan. 11, 2018, Forum: “Redefining Value in the Life Sciences“
  • PBSS, Monday, Jan. 22, 2018, Event: Workshop: Preclinical development & IND/CTA Filing, Speakers: Tracy Chen, Jim Zhang, Peter Staehr, Anne Bonneville, Xingrong Liu
  • Precision Medicine World Conference (PMWC) Silicon Valley 2018, Jan. 22-24, 2018, Event: Medical Conference
  • WIB Webinar, Wednesday Mid-Day, Jan. 24, 2018, Event: WIB-National Webinar “Speak up and Succeed! How to Find and Use Your Voice to Deliver Impact”
  • JLABS, Thursday Morning, Jan. 25, 2018,Topic: “Who’s Who in 2018: A Strong Finish to 2017 Healthcare Investing?” Speaker: Jonathan Norris | Managing Director, Silicon Valley Bank

You can download the details for the upcoming events this week and those through April 2018 with Audreys Picks Dec. 17, 2017.

Wishing you and yours a relaxing and rejuvenating holiday season with chance to recharge your batteries so you can return to take on the new challenges of 2018.

Audrey

 

 

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