The Young Turks host Cenk Uygur on Tuesday slammed Erick Erickson, founder of RedState.org, for the “We are the 53 percent” website he helped create.
The “53 percent” is a reference to the 53 percent of Americans who pay federal income taxes. The other 46 percent don’t pay federal income taxes because their incomes are too low or because of tax breaks, but still pay other taxes.
Targeting the “Occupy Wall Street” movement, the Tumblr site says it is for “those of us who pay for those of you who whine.”
“Suck it up you whiners,” Erickson wrote at the site. “I am the 53 percent subsidizing you so you can hang out on Wall Street and complain.”
Watch video, courtesy of The Young Turks, below:
Obama’s chief economist warns of ‘a very high chance’ Trump’s trade war could cause 2020 recession
The former chair of the Council of Economic Advisers under President Barack Obama warned of "a very high chance" of Trump's trade war with China resulting in a recession -- "just in time for 2020."
Austan Goolsbee was interviewed by MSNBC's John Heilemann on Friday after the DJIA closed down over 600 points after the trade war escalated on Friday.
"Just give us, if you would, Austan, your sense of what has unfolded today and how bad it is," Heilemann asked.
"Yes, it’s terrible, I'm phoning from a bunker as we speak," Goolsbee replied.
"There hasn’t been a day like this in a very long time. Yes, the markets sell a lot but the fact we’re going to have an escalating trade war, the president of the United States is publicly declaring the head of the Fed an enemy of the state and, oh, by the way, 40% of the Amazon is on fire and Ruth Bader Ginsburg is being treated for pancreatic cancer," he continued. "If this is on a Friday, it makes it bad for Monday."
MSNBC anchor blasts Trump’s ‘lunacy’ after ‘a Twitter tirade that sent the Dow spiraling’
The New York Stock Exchange closed down over 600 points on Friday as President Donald Trump's trade war with China escalated.
MSNBC anchor John Heilemann said, "we’re hours away for the president taking off to the G7 summit in Bairritz, France, where allies are bracing for the Trump-fueled mayhem that is now 100% certain to ensue, with Trump like a drunken traveler in the departure lounge about to take a trip that he dreads, already sewing global chaos, days-long public meltdown typically moved from words to actions."
"Donald Trump beginning this day with a Twitter tirade that sent the Dow spiraling, closing down more than 600 points today and escalating his trade war with China with these norm-shattering, power-abusing words in this tweet," he said, putting the tweet on-screen.
‘Pretty brutal day on Wall St’: CNN explains impact of Trump’s trade wars and Twitter tirades
On Friday, President Donald Trump went on a Twitter tirade against China.
....better off without them. The vast amounts of money made and stolen by China from the United States, year after year, for decades, will and must STOP. Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing..
— Donald J. Trump (@realDonaldTrump) August 23, 2019