Headlines from the New York Times for Friday, November 17, 2017
Everybody Hates the Trump Tax Plan
Looking at the reactions to Republican tax plans, I found myself remembering what people used to say about former Senator Phil Gramm, whose presidential ambitions never went anywhere but who did help cause the 2008 financial crisis: “Even his friends don’t like him.”
So it is with G.O.P. tax “reform,” especially the Senate version, which would raise taxes on most individuals, especially in the middle and working classes, and add around 13 million Americans to the ranks of the uninsured, all to pay for big cuts in corporate taxes. The general public strongly disapproves — by a 2-1 majority, according to Quinnipiac, although the majority would be even bigger if people really understood what’s going on. But surely at least C.E.O.s like the plan, right?
Actually, not so much. A few days ago Gary Cohn, Donald Trump’s chief economic adviser, met with a group of top executives. They were asked to raise their hands if lower taxes would lead them to raise capital expenditures; only a handful did. “Why aren’t the other hands up?” asked Cohn, plaintively.
Readings from Proverbs for Friday, November 17, 2017
One of the most quoted passages of Scripture is the topic for today.
Proverbs 3.5-6 – Trust in the Lord with all your heart and lean not on your own understanding; in all your ways submit to him, and he will make your paths straight.
My spiritual friends in AA will certainly recall the great Third Step prayer, as they read these verses.
It goes as follows: “God, I offer myself to Thee To build with me & to do with me as Thou wilt. Relieve me of the bondage of self, that I may better do Thy will. Take away my difficulties, that victory over them may bear witness to those I would help of Thy Power, Thy love & Thy way of life.”
Prayers for Friday, November 17, 2017
Dear God, may we all trust in you completely and surrender our self-will.