Would $1,000 make a difference in your life?
Most of America would probably say yes, but Democratic leaders are claiming that bonuses of as much as $1,000 are still just a “crumb” that won’t go far.
On today’s show, Glenn and Stu listened to some startling quotes from former Democratic Party chair Debbie Wasserman Schultz, criticizing the GOP tax reform bill.
House Minority Leader Nancy Pelosi has also slammed the bonuses corporations are giving to their employees after the tax bill passed, calling them “crumbs” compared to what the “fat cats” get.
“Frankly, if you look at the bonuses, which I haven’t heard of a corporate bonus more than $1,000 so far,” Wasserman Schultz said. “Which by the way is taxed, so it’s not $1,000. … I’m not sure that $1,000 (which is taxed, taxable) goes very far for almost anyone.”
So … is she also saying the government taxes every day Americans too much? What a concept.
EDITOR'S NOTE: This article provided courtesy of TheBlaze.
Joe Raedle/Getty Images
This is a rush transcript and may contain errors.
GLENN: So let’s go to Nancy Pelosi on how meaningless trickle-down economics really is, when your company gives you a bonus of $1,000 or a raise. Here’s Nancy Pelosi.
VOICE: In a way where everyone benefits.
STU: Deeper voice than I thought.
NANCY: So here’s the thing, there’s a cartoon that I just love. There’s a middle — a little mousetrap. So a little piece of cheese on there. And there’s a mouse. That’s called the middle class. And they give you this little crumb. And around it, there’s fat cats. They look more like elephants, but anyway, around there. And that’s the thing. We get this little thing, and we get this big bonanza. You get the crumb, we get the banquet.
GLENN: So you get the — so there’s fat cats surrounding this little mousetrap, and they’ve just put a little crumb. But they’re going to eat you. They get the bonanza. Is that the way you view 1,000-dollar bonus?
STU: If you were to get $1,000 right now, what does that mean to you? Is it meaningless? Is it a crumb? Is it nothing?
GLENN: Can I tell you something?
STU: Is it too small to make a difference for anyone, as Debbie Wasserman Schultz said.
GLENN: Can I tell you something? I have a truck here that I drive every day. And it is really bouncy. Because I don’t put stuff in the back. You know, I drive it to and from work most of the time.
STU: Because you’re a poser, right?
GLENN: I’m a poser. You’re in Texas. So, anyway —
STU: You have a truck, but you don’t use it as a truck. you’re posing as if you’re a Texan, when you’re not is basically what you were saying.
GLENN: I didn’t say I was a Texan. I said I lived —
STU: People have to view you as if you would have a truck, though you don’t use it as a truck. So therefore you’re posing as someone who actually needs a truck. And that was just all admitted to by you.
GLENN: I like trucks. I have a farm where I use trucks, just not this one here. This one, when it’s, you know, a few years old will go to the farm and just get destroyed. So I have a truck.
Can I move on?
GLENN: All right. So it’s really — the suspension on it is a truck.
STU: It’s not built to be a luxury car.
GLENN: Correct. So for $2,000, they said, you can — you know, most people here, they just have the suspension change. You know, and that way it rides a little softer.
I — I turn down the suspension, because it’s $2,000 to make my ride a little smoother. I can handle it. $2,000.
STU: That’s a lot of money.
GLENN: That’s a lot of money.
STU: For really anybody.
STU: You know, you can go on a vacation. You can — you can — I mean, we were just talking about the washing machines I think it was last hour. You know, that’s a washing machine, right? It’s a big deal. $1,000 is a lot of money.
GLENN: A really big deal.
STU: Yeah. It’s a Christmas. You know, for your kids. If you have a bunch of kids, it’s a whole Christmas. It’s a big deal.
GLENN: Not to Democrats. They think it’s a crumb. They think it’s a scam. And especially after the government takes taxes out of that bonus. That’s their freaking quote.