56 °f
Detroit
EL CENTRAL Hispanic News
  • Home
  • About
    • Introducing the partnership with the Race and Justice reporting Initiative
    • Resources
  • Español
    DCFC Community Benefits Process Kicks Off in Mexicantown

    DCFC Community Benefits Process Kicks Off in Mexicantown

    Trump’s downfall: Fascist capitalism will do him in

    Trump’s downfall: Fascist capitalism will do him in

    Mayan Kaqchikel

    Mayan Kaqchikel

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Why Trump will fail

    Why Trump will fail

    Pueblo Yumano

    Pueblo Yumano

    A Forever Home for Detroit City FC

    A Forever Home for Detroit City FC

    Centros de ayuda parroquiales enfrentan mayores costos por recortes federales a bancos de alimentos

    Centros de ayuda parroquiales enfrentan mayores costos por recortes federales a bancos de alimentos

  • Community
    DCFC Community Benefits Process Kicks Off in Mexicantown

    DCFC Community Benefits Process Kicks Off in Mexicantown

    Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

    Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

    UNI Launches Youth Development Practitioner Apprenticeship

    UNI Launches Youth Development Practitioner Apprenticeship

    Ballot drive to end utility political contributions clears state canvassers

    Ballot drive to end utility political contributions clears state canvassers

    Detroit’s EasyPay Payment Plan Enrolls More than 30,000 residents protected from service interruption

    Detroit’s EasyPay Payment Plan Enrolls More than 30,000 residents protected from service interruption

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Movies Under the Stars Season Concludes Friday in Detroit at Historic Fort Wayne

    Movies Under the Stars Season Concludes Friday in Detroit at Historic Fort Wayne

    LIBRE–Michigan Hosted A Back-to-School Giveaway to Empower Latino Families

    LIBRE–Michigan Hosted A Back-to-School Giveaway to Empower Latino Families

  • Featured
    DCFC Community Benefits Process Kicks Off in Mexicantown

    DCFC Community Benefits Process Kicks Off in Mexicantown

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    A Forever Home for Detroit City FC

    A Forever Home for Detroit City FC

    CHASS Center Honored with Spirit of Detroit Award in Honor of 55 Years of Community Health, Dignity, and Hope

    CHASS Center Honored with Spirit of Detroit Award in Honor of 55 Years of Community Health, Dignity, and Hope

    Gutierrez and cousin Jacob Lozano

    Donut Villa Expands to Second Location Near Ford Rouge Plant

    Candidates Face the People: Southwest Detroit Hosts Powerful Mayoral Forum on Community Priorities

    Candidates Face the People: Southwest Detroit Hosts Powerful Mayoral Forum on Community Priorities

    Fr. David Buersmeyer y Mrs. Judith Brooks de Strangers No Longer / hablan a los participantes de la procesión frente a la oficina de campo de ICE en Detroit / address procession participants in front of the field office of ICE in Detroit. Foto de/Photo by Valaurian Waller | Detroit Catholic

    Detroit Catholics Walk in Solidarity with Immigrants, Demand Humane Treatment

    Linzie and Jesse Venegas of Ideal Group Recognized as Entrepreneurs Of The Year 2025

    Linzie and Jesse Venegas of Ideal Group Recognized as Entrepreneurs Of The Year 2025

  • Opinion
  • Culture & Arts
    • All
    • World Cultures
    Festivalgoers enjoying the photobooth.

    SWFest: Celebrating Five Years of Creativity and Community

    Mayan Kaqchikel

    Mayan Kaqchikel

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Pages Bookshop to Host Book Launch and Community Roundtable

    Pages Bookshop to Host Book Launch and Community Roundtable

    Pueblo Yumano

    Pueblo Yumano

    Learning about Art from a Master

    Learning about Art from a Master

    Huastecos Téenek

    Huastecos Téenek

    2025 Kresge Fellows from left-right: Elise Marie Martin, Taurus Burns, Louis Aguilar, Maya Davis, Kimberly LaVonne, Slumdog Visionaire, Marwa Helal, Donald Calloway, Brittany Rogers, Beenish Ahmed, Ivan Montoya, April Anue Shipp, Allana Clarke, Malak Cherri, Anetria Cole. Photo credit: JennyRisher

    Latino Creatives Shine as 2025 Kresge Fellows, Honoring Heritage and Artistic Power

    Tzotziles / BatsiI Winik’Otik

    Tzotziles / BatsiI Winik’Otik

    • World Cultures
  • Latest Issue
  • Past Issues
    • Throwbacks
  • Events
  • Contact
  • Advertise
  • en English
    • en English
    • es Spanish
No Result
View All Result
EL CENTRAL Hispanic News
  • Home
  • About
    • Introducing the partnership with the Race and Justice reporting Initiative
    • Resources
  • Español
    DCFC Community Benefits Process Kicks Off in Mexicantown

    DCFC Community Benefits Process Kicks Off in Mexicantown

    Trump’s downfall: Fascist capitalism will do him in

    Trump’s downfall: Fascist capitalism will do him in

    Mayan Kaqchikel

    Mayan Kaqchikel

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Why Trump will fail

    Why Trump will fail

    Pueblo Yumano

    Pueblo Yumano

    A Forever Home for Detroit City FC

    A Forever Home for Detroit City FC

    Centros de ayuda parroquiales enfrentan mayores costos por recortes federales a bancos de alimentos

    Centros de ayuda parroquiales enfrentan mayores costos por recortes federales a bancos de alimentos

  • Community
    DCFC Community Benefits Process Kicks Off in Mexicantown

    DCFC Community Benefits Process Kicks Off in Mexicantown

    Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

    Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

    UNI Launches Youth Development Practitioner Apprenticeship

    UNI Launches Youth Development Practitioner Apprenticeship

    Ballot drive to end utility political contributions clears state canvassers

    Ballot drive to end utility political contributions clears state canvassers

    Detroit’s EasyPay Payment Plan Enrolls More than 30,000 residents protected from service interruption

    Detroit’s EasyPay Payment Plan Enrolls More than 30,000 residents protected from service interruption

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Movies Under the Stars Season Concludes Friday in Detroit at Historic Fort Wayne

    Movies Under the Stars Season Concludes Friday in Detroit at Historic Fort Wayne

    LIBRE–Michigan Hosted A Back-to-School Giveaway to Empower Latino Families

    LIBRE–Michigan Hosted A Back-to-School Giveaway to Empower Latino Families

  • Featured
    DCFC Community Benefits Process Kicks Off in Mexicantown

    DCFC Community Benefits Process Kicks Off in Mexicantown

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    Senator Slotkin Delivers Federal Honor to CHASS as Funding Fights Loom

    A Forever Home for Detroit City FC

    A Forever Home for Detroit City FC

    CHASS Center Honored with Spirit of Detroit Award in Honor of 55 Years of Community Health, Dignity, and Hope

    CHASS Center Honored with Spirit of Detroit Award in Honor of 55 Years of Community Health, Dignity, and Hope

    Gutierrez and cousin Jacob Lozano

    Donut Villa Expands to Second Location Near Ford Rouge Plant

    Candidates Face the People: Southwest Detroit Hosts Powerful Mayoral Forum on Community Priorities

    Candidates Face the People: Southwest Detroit Hosts Powerful Mayoral Forum on Community Priorities

    Fr. David Buersmeyer y Mrs. Judith Brooks de Strangers No Longer / hablan a los participantes de la procesión frente a la oficina de campo de ICE en Detroit / address procession participants in front of the field office of ICE in Detroit. Foto de/Photo by Valaurian Waller | Detroit Catholic

    Detroit Catholics Walk in Solidarity with Immigrants, Demand Humane Treatment

    Linzie and Jesse Venegas of Ideal Group Recognized as Entrepreneurs Of The Year 2025

    Linzie and Jesse Venegas of Ideal Group Recognized as Entrepreneurs Of The Year 2025

  • Opinion
  • Culture & Arts
    • All
    • World Cultures
    Festivalgoers enjoying the photobooth.

    SWFest: Celebrating Five Years of Creativity and Community

    Mayan Kaqchikel

    Mayan Kaqchikel

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    “SWFest” to Showcase Local Sound for Fifth Year at Senate Theater

    Pages Bookshop to Host Book Launch and Community Roundtable

    Pages Bookshop to Host Book Launch and Community Roundtable

    Pueblo Yumano

    Pueblo Yumano

    Learning about Art from a Master

    Learning about Art from a Master

    Huastecos Téenek

    Huastecos Téenek

    2025 Kresge Fellows from left-right: Elise Marie Martin, Taurus Burns, Louis Aguilar, Maya Davis, Kimberly LaVonne, Slumdog Visionaire, Marwa Helal, Donald Calloway, Brittany Rogers, Beenish Ahmed, Ivan Montoya, April Anue Shipp, Allana Clarke, Malak Cherri, Anetria Cole. Photo credit: JennyRisher

    Latino Creatives Shine as 2025 Kresge Fellows, Honoring Heritage and Artistic Power

    Tzotziles / BatsiI Winik’Otik

    Tzotziles / BatsiI Winik’Otik

    • World Cultures
  • Latest Issue
  • Past Issues
    • Throwbacks
  • Events
  • Contact
  • Advertise
  • en English
    • en English
    • es Spanish
No Result
View All Result
EL CENTRAL Hispanic News
No Result
View All Result

Undebatable – The Economy IS Everything

Rogelio Landin by Rogelio Landin
September 12, 2024
in Opinion, Politics
Reading Time: 7 mins read
Home Opinion
ShareShareTweetEmail to a friend

At the risk of appearing to oversimplify the contrast between the candidates, it is quite simply, big business vs. small business focus. They are codependent and both are essential to balancing our economic system.

 Vice President Kamala Harris has revealed a key plank of her vision of the economy: driving the growth of small businesses, as part of her core belief that, when the middle class is strong, America is strong. This is a continuation and expansion of the Biden-Harris commitment to supporting small business.  This commitment was exemplified with the COVID Economic Impact Stimulus, 470 million payments totaling $850 billion. Add to this an additional $800 billion for the Small Business Administration’s Payroll Protection (forgivable loan) Program (PPP). Both programs amounted to just 20% of the $8.8 Trillion dollars of national debt amassed by Trump’s tax cuts in his four years.  

Being inclined to support that which is in the best interest and greater good of the most people and upholding majority rule, I believe the Harris plan is the most democratic (small “d”) given that small business generates 75% of all jobs.  Interestingly, conspicuous by its absence in my research, was any data documenting how many people (conservative critics of Democratic policies) didn’t cash their stimulus checks or chose to lose their businesses rather than apply for a PPP Loan.

 By contrast, former president Donald Trump wants our economy to once again serve billionaires and big corporations by giving them massive tax windfalls. Last time, it cost us $8.8 Trillion. It would be interesting to see how many people benefitted by comparison.  This time it is projected to cost/add more than $10 billion to the national debt. Driving debt up is a primary qualifier for bankruptcy. Having filed for bankruptcy six times, Trump has privately used this strategy more times than should ever be allowed. There is no reason to believe that he wouldn’t bankrupt the country by imploding our economy. What is puzzling is his feigned sense of fairness when it comes to NATO members paying their equitable share, yet somehow, he can’t find his way to applying that same indignation to corporations paying their fair share in taxes, contributing to the aversion of an unsustainable debt load. These corporate tax cuts are paid for by the middle class three times over.

 Don’t believe me? This week a growing slate of analyses and reports, from veteran reporters to financial services professionals to conservative-leaning economists, have evaluated the negative economic impact of Trump’s economic agenda for a second term, finding it would cost trillions of dollars, explode the national debt, shrink economic growth, curb job creation, drive up inflation, and raise costs for middle-class and working Americans by thousands of dollars a year. I invite you to read what conservatives are saying.

 Donald Trump’s plans defy fundamental economic principles, upending the American economy, and costing trillions, with the middle class bearing the brunt of the fallout.

  • The consequences feel even more alarming knowing Trump could impose one of his most reckless plans – a middle-class tax hike opposed even by top Congressional Republicans – without Congress, as reported by Politico, The Washington Post, and The New York Times.

Bloomberg, CNN, The New York Times, The Congressional Budget Office, and the Penn Wharton Budget Model: Trump’s agenda would explode the national debt by trillions of dollars.

  • Bloomberg: “Republican nominee Donald Trump and running mate JD Vance are campaigning on a grab bag of tax cut proposals that could collectively cost as much as $10.5 trillion over a decade.”

The conservative-leaning Tax Foundation, Goldman Sachs, and Moody’s: Trump’s agenda would shrink economic growth and undermine job creation.

  • Tax Foundation: “We estimate the proposed tariffs would reduce long-run GDP by 0.8 percent, the capital stock by 0.6 percent, and hours worked by 685,000 full-time equivalent jobs.”
  • USA Today: “According to a Moody’s study, Trump’s plan would trigger a recession by mid-2025 and an economy that grows an average 1.3% annually during his four-year term vs. 2.1%…Next year, under a Trump administration, inflation would rise…The U.S. would have 3.2 million fewer jobs and a 4.5% unemployment rate, a half percentage point higher, at the end of a Trump tenure.”
  • Fortune: “Goldman Sachs Group Inc. economists gamed out the potential economic implications of a Republican or Democratic victory in the November elections, cautioning that US GDP faces a hit in the case of a win for Donald Trump.”

Nobel laureate economists, financial services analysts, and Wall Street economists agree: Trump’s agenda will drive up inflation.

  • Axios: “16 Nobel economists see a Trump inflation bomb”
  • Wall Street Journal: “Economists Say Inflation Would Be Worse Under Trump…”

The conservative-leaning American Action Forum and The Center for American Progress agree: Trump’s agenda would effectively impose a national sales tax of nearly $4,000 a year for the typical middle-class household.

President Biden is the only President in history to preside over two economic recoveries’, the first as President Obama’s Vice-President implementing the American Recovery and Reinvestment Act (ARRA) and the second he inherited from Trump.

If it’s true that most Americans vote their pocketbooks when it comes to choosing between presidential candidates, then, the choice is clear. Only one party is looking out for the middle class: the Harris-Walz ticket and the Democrats.

 

Previous Post

Street Renamed in Honor of Martin H. Solis, Jr.

Next Post

La Guelaguetza

Rogelio Landin

Rogelio Landin

R o g e l i o L a n d i n, Write-In Candidate for Mayor City of Detroit Rogelio Landin is most renowned nationally for leading LULAC in the precedent setting successful filing of an Amicus in the Bradley v. Milliken II (1976-1978) desegregation case. Winning a favorable ruling in this case served to protect and preserve Bilingual education and the designation of minority status as included in the Civil Rights Act of 1964. This case has had generational national and historical implications for the education of our children and continues to provide for the protection of Hispanic civil rights.

Related Posts

Sheffield Touts ‘Progressive’ Agenda in Final Phase of Mayoral Race
Community

Sheffield Touts ‘Progressive’ Agenda in Final Phase of Mayoral Race

by EL CENTRAL
September 4, 2025
0

Mary Sheffield leads Detroit’s mayoral race with a progressive, anti-poverty agenda. Can she become Detroit’s first woman mayor in November?

Read moreDetails
The “Woke” Myth: Who should decide what we see, read, and learn?
Community

The “Woke” Myth: Who should decide what we see, read, and learn?

by EL CENTRAL
September 4, 2025
0

Español Abajo “The Museums throughout Washington, but all over the Country are, essentially, the last remaining segment of ‘WOKE,’” Trump...

Read moreDetails
Ballot drive to end utility political contributions clears state canvassers
Community

Ballot drive to end utility political contributions clears state canvassers

by EL CENTRAL
August 28, 2025
0

Michigan petition aims to ban utility and contractor political donations, expand campaign finance laws, and boost transparency in elections.

Read moreDetails
Candidates Face the People: Southwest Detroit Hosts Powerful Mayoral Forum on Community Priorities
Local News

Detroit’s Mayoral Election; Ground Zero for Democracy

by Rogelio Landin
August 28, 2025
0

Detroit mayoral write-in candidate Rogelio Landin urges voter turnout, pledges to protect democracy, expand growth, and give residents real choices.

Read moreDetails
State Sen. Cavanagh Champions Legislation to Improve Public Safety, Ensure Transparency, Accountability in Immigration Enforcement
Politics

State Sen. Cavanagh Champions Legislation to Improve Public Safety, Ensure Transparency, Accountability in Immigration Enforcement

by EL CENTRAL
August 28, 2025
0

Michigan lawmakers introduce bills to protect immigrant rights, expand transparency in enforcement, and ensure safety, dignity, and accountability.

Read moreDetails
Trump’s downfall: Fascist capitalism will do him in
Español

Trump’s downfall: Fascist capitalism will do him in

by EL CENTRAL
August 28, 2025
0

Trump’s grip on government, economy, and private sector signals a dangerous shift in U.S. politics—learn how it could impact democracy...

Read moreDetails
Next Post
La Guelaguetza

La Guelaguetza

Leave Comment
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Volunteers Needed for Refugee Resettlement in Michigan

Volunteers Needed for Refugee Resettlement in Michigan

February 14, 2024
Southwest Celebrates Cinco de Mayo

Why We Celebrate “CINCO DE MAYO, THE 5TH OF MAY”

May 2, 2024
MSHDA Opens $60 Million MI Neighborhood Applications

MSHDA Opens $60 Million MI Neighborhood Applications

April 4, 2024
Infamous Highwaymen Motorcycle Club Leader Pursues a Second Chance at Life

Infamous Highwaymen Motorcycle Club Leader Pursues a Second Chance at Life

February 1, 2024
Community and RuboFest 2022 

Community and RuboFest 2022 

0
“Vemos a México como un socio igualitario”

“Vemos a México como un socio igualitario”

0
Ford Hispanic and Latino Network Beautifies Clark Park

Ford Hispanic and Latino Network Beautifies Clark Park

0
Editorial Opinion “The Fifth, I take the Fifth”

Editorial Opinion “The Fifth, I take the Fifth”

0
DCFC Community Benefits Process Kicks Off in Mexicantown

DCFC Community Benefits Process Kicks Off in Mexicantown

August 28, 2025
Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

August 28, 2025
Festivalgoers enjoying the photobooth.

SWFest: Celebrating Five Years of Creativity and Community

August 28, 2025
UNI Launches Youth Development Practitioner Apprenticeship

UNI Launches Youth Development Practitioner Apprenticeship

August 28, 2025

Recent News

DCFC Community Benefits Process Kicks Off in Mexicantown

DCFC Community Benefits Process Kicks Off in Mexicantown

August 28, 2025
Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

August 28, 2025
Festivalgoers enjoying the photobooth.

SWFest: Celebrating Five Years of Creativity and Community

August 28, 2025
UNI Launches Youth Development Practitioner Apprenticeship

UNI Launches Youth Development Practitioner Apprenticeship

August 28, 2025
EL CENTRAL Hispanic News

Michigans #1. Oldest. Largest & Only
Bilingual Hispanic News for 33 Years.

Follow Us

Browse by Category

  • Business
  • Classifieds
  • Community
  • Culture & Arts
  • Education
  • Entrepreneurs
  • Español
  • Events
  • Featured
  • Finance
  • Food
  • Latest News
  • Local News
  • Local Small Business
  • Music
  • National News
  • Opinion
  • Others
  • People
  • Politics
  • Resources
  • Restaurants
  • Sports
  • Throwbacks
  • World
  • World Cultures

Recent News

DCFC Community Benefits Process Kicks Off in Mexicantown

DCFC Community Benefits Process Kicks Off in Mexicantown

August 28, 2025
Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

Metro Detroit Youth Find Their Voice in Summer Writing and Photography Camp

August 28, 2025
  • Latest Issue
  • About
  • Newsletter
  • Advertise
  • Contact
  • Menu Item
  • Created with EyeBreatheDesign

© 2022 EL CENTRAL HISPANIC NEWS

No Result
View All Result
  • Home
  • Catagories
    • Featured
    • Local News
    • Community
    • Culture & Arts
    • Español
    • Music
    • Sports
  • Events
  • Latest Issue
  • Past Issues
  • Contact
  • Advertise

© 2022 EL CENTRAL HISPANIC NEWS