Senator Ted Cruz: “The Biggest Lie in Politics”
Republican Senator Ted Cruz has been making waves this week for his oft used quote during his speech in Mason City, Iowa on March 18th. He was quoted as saying that “the single biggest lie in politics” is that Republicans are “the party of the rich.” Senator Cruz has made this quote a selling point of his, even mentioning this as far back as October 26th, 2013. But, the question is does this have any actual merit? Are there statistics and data to back up his claim?
If you listen to Cruz speak, he never really gives any facts to back up his “biggest lie” claim. While this isn’t much of a shock, in a recent interview he gave with Recent TV, Senator Cruz stated that the “crushing taxes and regulations that are hammering small business” are causing jobs for the middle class and lower income to fade away. One point that Cruz does make clear is that he believes that the Dodd-Frank banking law really did away with the majority of smaller banks in the United States. And he also associated the bigger banks with the wealthiest people.
Cruz’s general message is that Republicans focus on lifting up small businesses which in turn help to stimulate the economy. While his argument certainly makes logical sense, a recent polling of partisanship based on income was conducted from 2013-2014 by the Washington Post/ABC Polling. The statistics show that not all rich people are Republicans, but that they do tend to lean that way.
And also, public opinion of Republicans favoring the rich is as strong as ever. The results of a CNN/ORC International Poll conducted on January 31st to February 2nd show that over sixty-nine percent of people polled feel that Republicans favor the rich. Democrats were much more balanced overall with only thirty percent feeling this way.
And since both parties love to blame the one percent on the other, does Cruz’s claim that the income gap is the largest it’s been since 1928 and that the top one percent are earning the highest percentage ever prove his point about Republicans? The answer appears to be one-sided. Professor Emmanuel Saez of the University of California of Berkeley said that “Overall, if you look at the full century of evidence, the rich do better under Republicans (or least Republicans put in place deregulation and less progressive taxation that allow the rich to thrive later on).”
And Professor Larry M. Bartels of Vanderbilt University shows income growth between 1948 and 2012 and between 1982 and 2012 in relation to what party that particular president was at the time. The data shows that the rich tend to do better no matter who is in office, while the poor and middle class fair far better under Democrats versus Republicans.
And really, who cares about that top one percent anyhow. These people have always been rich and are always going to be rich. It’s the top ten percent that is more interesting. The people who earn that low six figure income that are the true tell-tale sign of America. And these people tend to do better when a Republican is in office. Senator Cruz cannot make such a wide sweeping statement saying that Republicans being the party of the rich is a lie without conclusive evidence to back it up.
With statistics, although not as overwhelming as you would think, against them along with public opinion being against them as well, you would think that Senator Cruz and the Republican Party would know better than to make over sweeping statements about things they cannot prove. Senator Cruz can put a cover-up over it, but the painting underneath is telling a different story.