Hill: Rising Dem star Tim Ryan splits with party, endorses corporate tax cuts

[Virginiá]

http://thehill.com/video/lawmaker-interviews/348776-rising-dem-star-tim-ryan-splits-with-party-endorses-corporate-tax

You must be logged in to read this quote.

You must be logged in to read this quote.

So much for Tim Ryan. All that attention he drummed up, just so he could end up pushing the same failed policies that conservatives and various Democrats have enacted over the past few decades. Going to bat for corporate America isn't going to help the working man. They don't need any help, and in fact have had themselves quite a good time since the days of Reagan.

[Suburbia]

http://thehill.com/video/lawmaker-interviews/348776-rising-dem-star-tim-ryan-splits-with-party-endorses-corporate-tax

You must be logged in to read this quote.

You must be logged in to read this quote.

So much for Tim Ryan. All that attention he drummed up, just so he could end up pushing the same failed policies that conservatives and various Democrats have enacted over the past few decades. Going to bat for corporate America isn't going to help the working man. They don't need any help, and in fact have had themselves quite a good time since the days of Reagan.

Ryan could have a point. Is he going to be purged now? He's too pro-capitalist for the anti-business/socialist Democratic Party now?

Corporate taxes should be balanced. They hire people, just like small businesses too. You can't regulate them to the point of closure.

[Maxwell]

Tim Ryan is a cuck.

[TheSaint250]

I saw this a few days ago when he said it, and it certainly boosts my opinion of him.

He's right, though. Going anti-business will hurt the party.

[Virginiá]

Ryan could have a point. Is he going to be purged now? He's too pro-capitalist for the anti-business/socialist Democratic Party now?

Well, no, not necessarily. As I've said elsewhere, I don't mind people with those views in the party, but going into the future I'd like them to be the minority faction for a while. We've had enough pro-business policy since Reagan. It's time to return to an anti-corporate power position. That doesn't always mean "regulate them to the point of closure," that means preventing the consolidation of power and start enacting more regulations where needed (and removing some that are not needed). There are plenty of industries that need a little trust busting too. The telecom industry is one I can think.

Some of us are sick of the ideas and policies that have dominated the past generation+. I know some conservatives and other business-minded people can't fathom that, but there are millions of people who think corporations are abusing society and allowing greed and lust for power to ruin what could be a good better thing. Look no further than the people Trump is stacking his administration with. That is what many, including myself, see as the "pro-business" position's ultimate conclusion: corruption and cronyism. As it stands now, the pendulum needs to swing back. There needs to be some balance to the toxic environment the GOP has left us with.

[Maxwell]

I saw this a few days ago when he said it, and it certainly boosts my opinion of him.

He's right, though. Going anti-business will hurt the party.

Hopefully going anti-business means we get to strip corporations of their human rights so that they can't vote in future elections, then.

[Statilius the Epicurean]

The idea that cutting corporation tax will boost the economy is pure voodoo economics. US companies are already sitting on gigantic cash reserves, the problem with the US economy is that they can't find places to invest the profits they already have as productivity is stagnating. 

[TheSaint250]

I saw this a few days ago when he said it, and it certainly boosts my opinion of him.

He's right, though. Going anti-business will hurt the party.

Hopefully going anti-business means we get to strip corporations of their human rights so that they can't vote in future elections, then.

When I'm referring to anti-business, I mean high corporate tax rates, not in regards to Citizens United v. FEC

[MarkD]

Maybe he noticed the 21% <R swing in his district.
Although OH-13 voted for both Obama and Clinton, it has voted for Obama by a margin of 27.5%, whereas four years later it voted for Clinton by a margin of only 6.5%.

(Source: Daily Kos)

[Holmes]

Maybe he noticed the 21% <R swing in his district.
Although OH-13 voted for both Obama and Clinton, it has voted for Obama by a margin of 27.5%, whereas four years later it voted for Clinton by a margin of only 6.5%.

(Source: Daily Kos)

Maybe? But his margin remained largely unchanged.

[JerryArkansas]

Yeah he is definitely a fighter for the white working man.

[Anna Komnene]

Ryan could have a point. Is he going to be purged now? He's too pro-capitalist for the anti-business/socialist Democratic Party now?

Corporate taxes should be balanced. They hire people, just like small businesses too. You can't regulate them to the point of closure.

The thing is, this is the guy who was running against Nancy Pelosi to be leader of the entire caucus (and Speaker of the House if the dems ever take the House again!) That's why his stances on issues are a bigger deal than just any old person in the caucus. Maybe he'll never be leader of the caucus, but so far, nobody else is stepping up. I mean, personally I don't think he's got a snowball's chance of ever leading the party, but there's more than a few people around here who seem to want him for some reason.

And btw, there's going to be different points of view in the party on economic policy, but of course the Democratic Party is going to be more concerned with the people working for the businesses than the people leading the businesses. That's why they are Democrats and not Republicans.

[MAINEiac4434]

I mean if Tim Ryan really, truly believes this is what WWC voters care about he's messed in the head, and should never, ever hold any leadership role in the House.

[Coraxion]

Who's the moderate-Republican-in-disguise corporate whore now, Bernie bros? LOL!

[OneJ]

I wonder if he should get primaried...

[RFayette]

I don't agree with Tim Ryan often, but I'm glad he supports reducing the corporate tax rate.  It's too bad most of his party disagrees.

[McGovernForPrez]

I mean if we are specifically talking about cutting the corporate tax rate then he's right. Evidence shows that it's highly inefficient and causes corporations to invest money they could invest in expanding into hiring tax lawyers to find loopholes. America has like the second highest corporate tax rate of any OECD nation. Most progressive policy wonks agree on this. The same nations praised for their single payer healthcare also have very low corporate tax rates.

If Tim Ryan simply wants to give carte blanche to corporations though, he has another thing coming. There's a lot of regulatory reform needed in this country. If Democrats want real success with tax and regulatory reform they need to seriously look through to see which regulations are necessary, which aren't, and which need to be created. Lot's of regulation actually helps big businesses, just like lot's of deregulation also helps them. The proof is in the pudding so to speak. It all comes down to details. I'm all for a crackdown on big business but we've gotta do it in the most effective way possible, and that means creating regulations and removing them.

[Cactus Jack]

Tim Ryan's takeaway from 2016, apparently, is that Clinton only lost because she wasn't enough of an uninspiring milquetoast centrist.

[Fudotei]

Hard to classify Tim Ryan as a 'rising star' when he doesn't chair any committees, have a Senate run ahead of him, and can't run 2020 (a 2020 Democrat who wants tax cuts?). Start a caucus or something, man. Go for governor if Nina Turner doesn't take the spot. A single Representative without a chair isn't much.

[smoltchanov]

I saw this a few days ago when he said it, and it certainly boosts my opinion of him.

He's right, though. Going anti-business will hurt the party.

+1. Being anti-business simply continues a leftward trend of Democratic party of the last years. May be it would be more honest to rename it as a Socialist party?? And look whether former WWC supporters will return "en masse" because of new "class" approach of the party? But i fear in such case you can kiss goodbye to those anti-Trump middle class suburbanites, who actively supported Clinton against Trump. They are not anti-business, for sure. Choose one, party!))))

P.S. It really amuses me when, say, Silicon Valley and Upper East Side, very rich people comprise a very big part of party's megadonors. Will they support a new, rebranded, "Democratic Sociaist party"?

[McGovernForPrez]

I saw this a few days ago when he said it, and it certainly boosts my opinion of him.

He's right, though. Going anti-business will hurt the party.

+1. Being anti-business simply continues a leftward trend of Democratic party of the last years. May be it would be more honest to rename it as a Socialist party?? And look whether former WWC supporters will return "en masse" because of new "class" approach of the party? But i fear in such case you can kiss goodbye to those anti-Trump middle class suburbanites, who actively supported Clinton against Trump. They are not anti-business, for sure. Choose one, party!))))

P.S. It really amuses me when, say, Silicon Valley and Upper East Side, very rich people comprise a very big part of party's megadonors. Will they support a new, rebranded, "Democratic Sociaist party"?

The party isn't "anti-business". They're just "anti-consolidation of market power". Right now corporate consolidation is at an all time high and his having major negative impact on the country. Being against "big business" means being for "small business". This is the charade that the Republican party has managed to put in the minds of voters. They've managed to convince people that what's good for large well established corporations is also good for small ones. In reality, what's good for large businesses is antithesis to what's good for small businesses. Large businesses use government as a means of rent seeking behavior. They use some regulations to push out competition, while they remove others to make it easier for them to do so. Entrepreneurship has been on a steady decline in America since the Reagan years, despite all of the "pro-business" policies the GOP has pushed. The GOP has been a tool for economic rent seeking for awhile now, and ultimately is far worse for small business than Democrats are.

[ProgressiveCanadian]

Jesus Christ he sure ran to the donors arms fast. He didn't even hide it well.

[publicunofficial]

The House GOP gets a lot of flack for being a mix incompetent crazy people, undiagnosed psychopaths and sleepy old white guys, but the House Democratic caucus is an underrated dumpster fire.

There are like, 5, likeable people among them and the rest are either laughably corrupt machine products or dorky technocrats who would never be willing to do anything that would make someone angry at the next local Chamber of Commerce meeting.

[smoltchanov]

The House GOP gets a lot of flack for being a mix incompetent crazy people, undiagnosed psychopaths and sleepy old white guys, but the House Democratic caucus is an underrated dumpster fire.

There are like, 5, likeable people among them and the rest are either laughably corrupt machine products or dorky technocrats who would never be willing to do anything that would make someone angry at the next local Chamber of Commerce meeting.

Please, name these 5. I need a good laugh...

[McGovernForPrez]

The House GOP gets a lot of flack for being a mix incompetent crazy people, undiagnosed psychopaths and sleepy old white guys, but the House Democratic caucus is an underrated dumpster fire.

There are like, 5, likeable people among them and the rest are either laughably corrupt machine products or dorky technocrats who would never be willing to do anything that would make someone angry at the next local Chamber of Commerce meeting.

I think you over exaggerate how bad the Democratic caucus is. I can name 5 likable Democrats from my state alone. I refuse to believe only 2% of Democratic congressman are both non-corrupt or non-technocrats.