A Donald Trump proposal to bail out struggling Argentina with a $40 billion loan is bumping up against economic reality with banks being asked to provide half of the amount demanding collateral or federal assurances.According to a report from the Wall Street Journal, financial institutions, includin...
Rough math is every American, rich or poor, old or young, is giving Argentina $100.
Or, alternatively, every taxpayer is giving them $200. For reference this is almost three times the amount of his aid cuts from back when.
Why would the rich be part of this discussion? Not paying taxes, not giving loan to foreign countries.
More like the rich are giving 60$ and the middle class are picking up slightly more.
Please, the rich aren’t spending a dime.
The middle class is giving 100 and low income workers are on the hook for everything else.