More Proof of Another Republican Big Lie (“Tax Cuts for Corporations Will Boost Jobs and Help the Working Class”)

Remember what Republicans called the “Tax Cuts and Jobs Act”?

As you know (if you’ve been paying attention), the “Jobs” part of the Republican bill was a huge lie.

Corporations didn’t generally invest in their companies, their workforce, or create jobs. They spent BILLIONS buying back shares to boost the stock price (executives’ bonuses get a boost when the company’s stock price goes up).

Five companies blow $55 billion in Q1 to prop up their own shares.

Wolf Street

Corporate Media: A Megaphone for Trump

When using social media to report on President Donald Trump’s comments, many major corporate media outlets often succeed only in amplifying his misinformation and lies instead of setting the record straight, according to a new study.

After examining about 2,000 tweets from more than 30 Twitter accounts controlled by major news sources over three weeks earlier this year, Media Matters for America (MMFA) reported Friday that the accounts simply spread Trump’s lies 65 percent of the time, without providing context or disputing his remarks.

Common Dreams