> short term gains

For who exactly? The $1.5T tax cut (deficit spend) for billionaires was advertised as a “bill for the middle class” [1] under the assumption of idiotic “trickle down economics. Trump administration at the time even promised a “$4,000 raise” to the middle class. [2]

In reality, in the short term, billionaires able to afford another stupid yacht or pad some offshore accounts. Corporations buying back their stock. In the long term, deficit spending, increasing national debt, jobs lost, cuts of public programs, and further decimation of middle class.

[1] https://www.npr.org/2017/12/20/572157392/gop-poised-for-tax-...

[2] https://www.usatoday.com/story/opinion/2018/04/10/donald-tru...