Saturday, October 1, 2022

Are There More Rich Republicans Or Democrats

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Mike Pence Admits Republicans Prioritize The Rich And Whines About Democrats Helping The Poor

GOP Senator: ‘Democrats Want To Raise Taxes To Give More Handouts To The Rich’

The Christmas season is supposed to be about helping those who are struggling and the Bible literally commands Christians to reject wealth in favor of lifting up the poor. But outgoing Vice President Mike Pence made it clear where the priorities of Republicans lie.

During a speech in Florida, Pence made an a** of himself by riling up the crowd to continue scheming to keep outgoing President Donald trump and himself in power even though they LOST the election to President-Elect Joe Biden fair and square.

But then he began boasting about what the Trump administration has done over the last four years, which includes massive tax cuts for the wealthy and dangerous rollbacks of regulations that protect workers.

In the process, Pence outright admitted that Republicans only care about rich people, and demonized Democrats for trying to help poor people as if its a bad thing.


want to make rich people poorer, and poor people more comfortable, Pence said.

Heres the video via Twitter:

Vice President Mike Pence: want to make rich people poorer, and poor people more comfortable.

The Hill

Again, a central tenet of Christianity is all about making the poor more comfortable. If anything, Pence should be demanding that the government do more for struggling Americans, especially since he claims to be the poster boy for evangelism in America. But he only demonstrated that hes a fake Christian.

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The 10 Richest Americans Are Just Beginning To Take Sides In The 2020 Presidential Race

The 10 richest Americans have a combined wealth of well over half a trillion dollars.

And we might only be beginning to feel the influence of all that buying power in the 2020 campaign.


Michael Bloomberg sits at No. 6 on this elite list and of course is running for president himself. Hes already spent hundreds of millions and is promising to spend over a billion before its all over .

Oracle co-founder Larry Ellison sits at No. 4 on Forbess list with an estimated fortune of $62.5 billion. He is set to jump into the 2020 fray in a big way with a fundraiser on Wednesday featuring President Donald Trump at the Oracle founders estate in Rancho Mirage, Calif.

According to a copy of the invitation, the golf outing this Wednesday will cost donors either $100,000 or $250,000 with funds being disbursed among Trumps primary and general election accounts, the Republican National Committee, GOP state parties, and the Republican National Convention.

Here are the different ways the 10 members of the 0.000003% are publicly engaging in the 2020 campaign.

This Story Is Part Of A Group Of Stories Called

This post is part of Polyarchy, an independent blog produced by the political reform program at New America, a Washington think tank devoted to developing new ideas and new voices.


In 2012, something unusual happened. The wealthiest 4 percent of voting-age Americans, by a narrow plurality, supported a Democrat for president.

This hadn’t happened since 1964. Before that, it hadn’t happened since possibly the 1880s .

So was 2012 a blip, like 1964? Or was 2012 the start of a phase shift, in which the Democrats replace the Republicans as the preferred party of the wealthiest Americans?

I’m pretty convinced that it does mark a phase shift. My strong hunch is that for the foreseeable future, the wealthiest Americans will prefer Democrats. But before getting to the future, let’s start with the past.

The chart below is built from American National Election Studies data. I use the top 4 percent because that the granularity that the data allows. A family income of $220,000 puts you in the top 4 percent in 2012.


Data from ANES.

This much we know: Very rich Americans have voted decidedly Republican for decades. But there were three exceptions: the elections of 1964, 1992, and 2012.

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Democrats: The Real Party Of The Rich

  • 07:24 PM ET 04/02/2014

Free Speech: Right after the Supreme Court’s decision to lift limits on campaign contributions, Democrats and their left-wing supporters assaulted the decision as a boon to Republicans, “the party of the rich.”

This of course is part of a far-wider narrative slavishly repeated by largely unquestioning liberal media that the GOP outspends Democrats on campaigns thanks to big-buck donors like the billionaire Koch brothers.


But, as it turns out, that’s a lie as big a lie, in fact, as “you can keep your insurance,” “you can keep your doctor” and “ObamaCare will bend the cost curve down.”

Start with Congress itself. Who are the wealthiest members? Well, there are 269 millionaires among Congress’ 535 members. And most of them are Democrats.

And contrary to the hand-wringing on the left about the Supreme Court’s 5-4 McCutcheon v. Federal Election Commission ruling Wednesday, Democrats far outspend Republicans on elections. It isn’t even close.

According to OpenSecrets.org, from 1989 to 2014 rich donors gave Democrats $1.15 billion $416 million more than the $736 million given to the GOP. Among the top 10 donors to both parties, Democrat supporters outspent Republican supporters 2-to-1.

So Democrats don’t really want to restrain money in politics. Just the money that goes to Republicans.


So please, enough of this about Democrats being the party of the little guy.

Y Of The Rich: Democrats Are 7 Of 10 Wealthiest Members Of Congress

More Democrats than Republicans on Top 10 Richest Members of Congress List

Republicans have long been smeared by Democrats as the party of the rich, even though all of Hollywood, all of Silicon Valley and all of Wall Street are in their pockets. Its a cheap and long-debunked tactic, and now we have another piece of evidence to corroborate the obvious fact that Democrats are the party of rich white men.

According to a study conducted by the Center for Responsive Politics, financial disclosure forms reveal that out of the ten richest members of Congress, a whopping total of seven are Democrats.

Collectively, the total wealth of the seven richest Democrats in Congress amounts to $1.1 billion.

To be fair, however, the richest member of Congress has an R next to his name, Rep. Darrell Issa, whose wealth totals $330,050,015. The other two Republicans, Rep. Dave Trott of Michigan and Rep. Vernon Buchanan, rank at number 5 and 6.


Four of the 10 richest members hail from California.

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The Center for Responsive Politics gathered their numbers by the :

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If Youre Waiting For Democrats To Talk As Frankly About Wealth As They Do About Race Dont Hold Your Breath

The view from the Nantucket Ferry.


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Some recent US figures on the distribution of income by party: 65 percent of taxpayer households that earn more than $500,000 per year are now in Democratic districts 74 percent of the households in Republican districts earn less than $100,00 per year. Add to this what we knew already, namely that the 10 richest congressional districts in the country all have Democratic representatives in Congress. The above numbers incidentally come from the Internal Revenue Service, via Bloomberg, and are likely to be more reliable than if they came from Project Veritas via theblaze.com.

David BromwichDavid Bromwich teaches literature at Yale University. His latest books are American Breakdown: The Trump Years and How They Befell Us , and How Words Make Things Happen , both published in 2019.

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Rise Of The Superrich

Notwithstanding the limits of the annual disclosure rules, its clear the Capitol remains as populated as ever with a disproportionate share of very well-heeled.

At the high end of that group are 10 House members and three senators worth more than $43 million, which the Fed calculates as the richest one-tenth of 1 percent of the population.

These lawmakers, plus seven others with a minimum net worth above $7.5 million, make the most recent roster of the 50 richest members of Congress, which Roll Call has been compiling since 1990.

Below this rung of the phenomenally prosperous is a thicker belt of the merely flush the 153 House members and 50 senators who are millionaires, at least on paper. This stands in contrast to the 7.4 percent of U.S. households that had amassed a net worth above $1 million in 2016, their home values included, according to the Spectrem Group investment research firm.

The congressional millionaire ranks skew old, reinforcing how many people enter politics only after theyve assured themselves a solid financial footing. A little more than half of the five dozen lawmakers born before the end of World War II are worth more than $1 million, as are 43 percent of the Hills baby boomers or the five out of eight members born between 1946 and 1964. But among the quarter of the membership from Generation X and the handful of millennials, only one in five is a millionaire.

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Are Democrats Or Republicans Better For The Stock Market

Opinions differ, and there are many reasons why the market goes up and down. The president doesn’t have as much influence over the economy as people think. It’s more important to look at what happens when Democrats and Republicans are in Congress and which party is in the White House at the same time.

Democrats Or Republicans: Who Has The Higher Income

Missouri Democrats call session successful, Republicans left wanting more

In the end, many people assume Republicans are richer based on these figures. Although, this is only a look at the richest families and politicians in America though. In everyday American households, it seems that Democrats have a higher mean salary. Its true that many of the wealthiest families in the country are contributing to Republican campaigns. On the contrary, families registered as Democrats have higher annual salaries than Republicans, statistically speaking.

These findings still have some loopholes in them, of course. For instance, the data was collected over the last 40 years or so. Moreover, it is only based on the most recently collected information. As you know, demographics are constantly changing. These figures may have been affected as well. There is also a margin of error with every type of data collection like this. So, what do you think? Who is richer? Democrats or Republicans?

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The Party Thats Actually Best For The Economy

Many analyses look at which party is best for the economy. A study from the National Bureau of Economic Research found that Democratic presidents since World War II have performed much better than Republicans. On average, Democratic presidents grew the economy by 4.4% each year versus 2.5% for Republicans.

A study by Princeton University economists Alan Blinder and Mark Watson found that the economy performs better when the president is a Democrat. They report that by many measures, the performance gap is startlingly large. Between Truman and Obama, growth was 1.8% higher under Democrats than Republicans.

A Hudson Institute study found that the six years with the best growth were evenly split between Republican and Democrat presidents.

Most of these evaluations measure growth during the presidents term in office. But no president has control over the growth added during his first year. The budget for that fiscal year was already set by the previous president, so it’s helpful to compare the gross domestic product at the end of the presidents last budget to the end of their predecessors last budget.

For Obama, that would be the fiscal year from October 1, 2009, to September 30, 2018. Thats FY 2010 through FY 2017. During that time, annual GDP increased from $15.6 trillion to $17.7 trillion, or 14%. Thats 1.7% per year.

The chart below ranks the presidents since 1929 on the average annual increase in GDP.

President

1.4%

Who Is Richer Democrats Or Republicans The Answer Probably Wont Surprise You

by Susan Paigeon ~

Which of the two political parties has more money, Democrats or Republicans? Most would rush to say Republicans due to the partys ideas towards tax and money. In fact, polls have shown about 60 percent of the American people believe Republicans favor the rich. But how true is that? Assignment help can help you write about the issue but read our post first.

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If A Party Gets What It Wants In The Pursuit Of Delivering Something Most People Want Most Of The Time So Be It

Theres nothing morally wrong with being the party of corporate interests. Theres nothing wrong, for that matter, with viewing politics as the preserve of the few, not the many. Whats wrong is lying about it. Whats wrong is treating the opposition as if it does not have a legitimate claim. Whats wrong is setting off a conflagration of white-power fury that consumes nearly everything, even the republic itself, in order to slake a thirst for power. The day Joe Biden decided to run for president was the day this white-power fury burned through Charlottesville, screaming, Jews will not replace us. That day, according to published reports, is the day Biden chose to fight to restore the soul of America.

Maybe hes full of it. Maybe Biden and the Democrats dont really believe what they say when they talk about everyone being in this together. Thats certainly what the Republicans and their media allies believe. A critic said Thursday that we can expect to see from Biden lofty rhetoric about unity, while acting below the radar to smash norms to implement the Left-wing agenda. The same day, a Times reporter asked the White House press secretary why the administration has not offered a bipartisan fig leaf to the Republicans, given the president putting so much emphasis on unity. Maybe the Democrats dont mean what they say. Maybe its just politics-as-usual.

Americans Not Only Divided But Baffled By What Motivates Their Opponents

Wealthy Republicans Are Acting Like They Have No Idea How Taxes Work

By Eric Plutzer and Michael Berkman

As it became clear that Democrats would win control of the U.S. House of Representatives, pundits immediately began explaining the Blue Wave. Some said it was rooted in concerns that President Trump was leading the nation into dangerous territory others pointed to alarm about health care, or compassion for citizens of color and refugees. But Republican voters were having none of this, according to a recent Penn State Mood of the Nation Poll.

The nationally representative poll of 1,000 citizens included 307 voters who cast votes for Republican Congressional candidates in the midterm elections. We asked them, In your opinion, how many citizens voting for the Democrats did so because they sincerely believe that the Democratic party is best for the country?

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Americas Top 10 Richest Families

  • Walton Republican The family owns the Walmart corporation. The Walton family fortune is estimated to be about $130 billion.
  • Koch Republican Businessmen, owners of Koch Industries, a manufacturing company. Koch brothers have a net worth of about $41 billion each .
  • Republican Own the Mars candy company. The three children of founder Forrest Mars are worth about $78 billion together.
  • Cargill-MacMillan Republican The Cargill-MacMillan family owns 90 percent of the largest privately-owned corporation in the U.S. The family, as a whole, is worth about $49 billion.
  • Cox Democrat The Cox family owns a number of auto consumer sites and services . They have an estimated net worth of $41 billion.
  • Johnson Republican The Johnson family is known for their cleaning products and hygiene products. They are valued at $30 billion.
  • Pritzker Both Founders of Hyatt. The family has a combined value of $29 billion in 2017.
  • Johnson Republican Overseers at Fidelity, ensuring the cash of millions of Americans. The family has a combined net worth of $28.5 billion.
  • Hearst Republican The Hearst family owns one of Americas largest media companies. The family is valued at $28 billion.
  • Duncan Republican The Duncan family works mostly with oil and pipelines. The family is valued at about $21.5 billion.
  • Republicans Fight Abortion Backlash With Ads And Stealth Website Edits

    Arizonas Blake Masters is among the Republicans changing abortion positions on their websites, while others are airing TV ads on their stances.

    Arizona Republican U.S. Senate candidate Blake Masters speaks to supporters at a campaign party on Aug 2, 2022, in Chandler, Ariz. | Rick Scuteri/AP Photo

    08/30/2022 04:30 AM EDT

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    Democrats have been hammering GOP candidates on abortion since the fall of Roe v. Wade. Thats left some Republicans scrambling to try to figure out how to soften the blow.

    A number of Republicans are trying to avoid political fallout from the Dobbs decision by quietly deemphasizing their past position on abortion on campaign websites and on the trail. Another handful of GOP candidates especially those in contests in states that are more of a reach for the party have gone up with TV ads looking to counter Democrats attacks on abortion.

    Among the earliest Republicans pushing back on the issue on TV was Mark Ronchetti, a one-time TV meteorologist who is challenging Democratic Gov. Michelle Lujan Grisham in New Mexico this year, after losing a close race for the states open Senate seat two years ago.

    Im personally pro-life, but I believe we can all come together on a policy that reflects our shared values, Ronchetti says in the ad, saying that Lujan Grisham was extreme on abortion. We can end late-term abortion, while protecting access to contraception and health care.

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