Skip to content
Search AI Powered

Latest Stories

Paul Ryan Claimed The Economy Is Better Off Now And The Internet Had The Receipts

Paul Ryan Claimed The Economy Is Better Off Now And The Internet Had The Receipts
WASHINGTON, DC - MAY 17: U.S. Speaker of the House Rep. Paul Ryan (R-WI) pauses during a weekly news conference May 17, 2018 on Capitol Hill in Washington, DC. Ryan held his weekly news conference to answer questions from members of the media. (Photo by Alex Wong/Getty Images)

The response was savage.

Make us preferred on Google

As Speaker of the House, Congressman Paul Ryan (R-WI) is often quick to defend his party's policies.

On Friday, he took to Twitter to praise Republican economic policies. It didn't go quite as planned.


Ryan tweeted:

Possibly to deflect from a growing sea of social atrocities like family separation and Russian appeasement, Republicans frequently tout the so-called economic improvements happening under their leadership, championing the falling unemployment rate (a trend which began with President Barack Obama) and claiming, as Ryan did, that worker pay is rising. Their claims, however, tend to be misleading.

It wasn't long before people on social media corrected Ryan.

They pointed out that, adjusted for inflation, wages are actually plateauing.

What's more, they came with receipts.

And, for many, modest economic growth did nothing to negate other Republican policies.

Republicans have undoubtedly taken steps on economic issues, but the direction in which those steps are taking the country remains debatable.

The most sweeping changes made by Republicans to the economy came with the passing of their tax bill last year.

The bill increased tax cuts for those making over 500,000 dollars per year and slashed corporate tax rates from 35 to 21 percent. While Republicans insisted it would lead to an economic surge, economists expect the improvements will be modest.

The bill was met with opposition from Democrats. House Minority Leader Nancy Pelosi (D-CA) said the bill

is simply theft — monumental, brazen theft from the American middle class and from every person who aspires to reach it.

In the end, the tax bill is estimated to cost over two trillion dollars. Now, the federal debt is poised to rise to its highest level since World War II.

Americans haven't forgotten its impact.

Because Ryan is retiring at the end of his term, the tax bill he championed and the so-called improvements he touts are likely to be the brunt of his legacy. With so many Americans dissatisfied at wage growth and increasing tax cuts for the rich, one wonders if his efforts were worth it.

More from News

Screenshot of Donald Trump
@Acyn/X

Trump Blasted After Sharing Unhinged Story About Anonymous 'Very Obese' Friend Who Is Taking 'Fat Drugs' In Bonkers Clip

President Donald Trump was criticized after he, in a bizarre moment while discussing the high cost of GLP-1 drugs in the United States, shared a story about a "very obese" friend of his who is on "fat drugs" that don't appear to be working.

Trump's administration has previously taken credit for a decline in prices, citing deals with drugmakers and the launch of the direct-to-consumer platform TrumpRx.

Keep ReadingShow less
Barack, Michelle, Malia, and Sasha Obama
Win McNamee/Getty Images

Michelle Obama's Candid Comments About Why She Doesn't 'Miss' Her Kids Has Moms Everywhere Applauding

The stereotype of the weeping mother unable to cope with her children beginning preschool, or kindergarten, or graduating from high school, or going off to college was shattered by former First Lady Michelle Obama during a recent appearance by Jon Stewart on her IMO (In My Opinion) with Michelle Obama & Craig Robinson podcast.

While pop culture has reinforced the trope of empty nester moms unable to cope when their children gain independence, the former FLOTUS told Stewart she feels free now that her daughters Malia and Sasha Obama, now 28 and 25 years old respectively, have moved out on their own.

Keep ReadingShow less
Screenshots from @nikolcosmetics's TikTok
@nikolcosmetics/TikTok

Former Waitress Sparks Debate After Explaining Why Tipping Isn't About 'Entitlement' In Viral TikTok Video

You can tell a lot about a person based on how they treat people who work in the service industry or in retail.

That includes not only one-on-one interactions with employees and restaurant servers, but also how someone speaks about tipping after a dining experience.

Keep ReadingShow less
Screenshots from @spicycokezero's TikTok
@spicycokezero/TikTok

Woman Shares Nightmare First Date After 'Condescending' Guy Bizarrely Insulted Her Height And Intelligence

While dating can be fun, there are inevitably going to be some disappointing experiences thrown into the mix, simply because we're not meant to match with every other single person out there.

But there are some people who ignore dating etiquette entirely, from how they portray themselves to how they treat their dates, and take the date from something lackluster to something better suited for a TV drama or to be told around a campfire.

Keep ReadingShow less
Carlos Alcaraz of Spain celebrates defeating Jaime Faria of Portugal in the Men's Singles Second Round.
Julian Finney/Getty Images

Tennis Star Carlos Alcaraz Had A Hilarious Wardrobe Malfunction At The US Open—And Fans Are Cracking Up

Tennis fans came for the action at the U.S. Open, but Carlos Alcaraz’s wardrobe ended up stealing some of the spotlight.

The defending champion and World No. 3 returned to competitive singles last Monday after a four-month layoff due to a right wrist injury, facing Roman Safiullin in the opening round at Arthur Ashe Stadium.

Keep ReadingShow less