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Prominent economists warn Biden risks inflation with $1.9 trillion recovery package
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Feb 12, 2021 20:33:45   #
random3
 
Prominent economists warn Biden risks inflation with $1.9 trillion recovery package

https://www.washingtonexaminer.com/news/inflation-biden-recovery-package?utm_source=smartnews&utm_medium=feed

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Feb 12, 2021 21:33:38   #
Kevyn
 
random3 wrote:
Prominent economists warn Biden risks inflation with $1.9 trillion recovery package

https://www.washingtonexaminer.com/news/inflation-biden-recovery-package?utm_source=smartnews&utm_medium=feed

Feeding hungry children and helping people keep their homes comes at a cost. The thing to remember is that raising taxes on the wealthy keeps inflation in check!

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Feb 12, 2021 21:42:06   #
random3
 
Americans scream that raising taxes is the only possible way to reduce inflation, but why not reduce the debt?

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Feb 12, 2021 22:13:28   #
American Vet
 
Kevyn wrote:
Feeding hungry children and helping people keep their homes comes at a cost.


Perhaps the money used for t*********r studies in Pakistan, or the money sent to Sri Lanka to repair a gunboat, or the money going to the horrible Paris Accord might better have been used to feed the children.

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Feb 12, 2021 22:17:27   #
Weewillynobeerspilly Loc: North central Texas
 
Kevyn wrote:
Feeding hungry children and helping people keep their homes comes at a cost. The thing to remember is that raising taxes on the wealthy keeps inflation in check!



Why do I have to pay that cost? And the inflation costs as further punishment for being robbed aint cool either.

Most of the kids i see these days are fat, easy 60 to 70 % overweight. .... What I don't see are those bubble belly 3rd world looking hungry kids tossed out as a reason to rob a taxpayer for money, to fix a problem that doesn't exist..... where are these hungry children? Must be untold millions of them with the funds spent now. .... show me 10.

And since when did someone else not paying their contractual obligations on their dwelling become my responsibility? What the hell man????

Maybe the ones needing help paying their home obligations can rent rooms to all those hungry kids , the house gets paid, money left over can feed the kids dinner... taxpayer already has breakfast and lunch..... 3 squares a day, a roof over everyones head..... and i don't have to suffer being robbed again for the same thing. ...... always something new next week to rape me over.

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Feb 12, 2021 22:19:50   #
Weewillynobeerspilly Loc: North central Texas
 
random3 wrote:
Americans scream that raising taxes is the only possible way to reduce inflation, but why not reduce the debt?




You would have to reduce the size of government. .... and that ain't happening on any politicians watch.

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Feb 12, 2021 22:21:32   #
random3
 
A bird born in a cage think birds who can fly are crazy.

Americans do not know history, cannot recognize hypocrisy, and do not understand unintended consequences.

Americans love the government and vehemently attack anyone who criticizes their beloved government overlords.

Americans scream anyone loves freedom is a C****e and a nutjob.

In Chile, females were raped by the government and then forced to watch government workers cut off the ears, noses, and eyes of their family members. If they got pregnant, the distraught females said that their only wish was to have their baby be born so that they could k**l it.

In the Soviet Union, doing nothing was a crime punishable with a 10 year sentence in the gulag. Some of of the torture methods were isolation, putting prisoners in a box with thousands of bedbugs, starvation, sleep deprivation, hard labor, and freezing.

The collapse of the USA is one of the most shocking and d********g events in world history.

Americans used to believe in morality, personal responsibility, freedom, peace, and balanced budgets. Now Americans love immorality, welfare, tyranny, war, and debt.

Americans don't even shrug now that everything is illegal, everyone is under house arrest, the border is closed, there is martial law, e******ns are cancelled, churches are being shut, reporters and lawyers are being arrested, protests are illegal, guns are banned, there is NSA wiretapping, forfeiture, CIA torture, extrajudicial assassination, and secret police.

Americans don't care that the national anthem and US f**g will be changed soon, property will be nationalized, and statues are being destroyed. Americans don't mind that DHS agents patrol the streets in vans and throw black hoods on Americans and disappear them.

Soon the Internet will be shut off, concentration camps will open, books will be burned, propaganda loudspeakers will be set up on street corners, there will be show trials, summary executions, death squads, k*****g fields, cities will be liquidated, and Americans will be pushed into ovens and made into lampshades.

Every country has the government it deserves.

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Feb 13, 2021 07:30:45   #
Milosia
 
random3 wrote:
Americans scream that raising taxes is the only possible way to reduce inflation, but why not reduce the debt?


How should we do that.
We owe the rich people whom lent us the money. We pay every cent printed to them for interest.
They are doing nothing to help this country, only collecting an endless supply of greenbacks.
The republicans are in favor of this operation and continue to borrow more money to give to the rich
as Tax Breaks.
It’s time to raise the the upper tax rate to at least 74%.
We don’t need no stinking Billionaires. Or Trillionaires for that matter.
Having them helps Nothing.

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Feb 13, 2021 13:30:02   #
olegig Loc: Texas panhandle
 
Kevyn wrote:
Feeding hungry children and helping people keep their homes comes at a cost. The thing to remember is that raising taxes on the wealthy keeps inflation in check!


Why is it always a plea for the children and homeless???
If one looks deep into these bills most goes to liberal politicians home base to pay off promised made to get elected.
Yes! The Bible instructs us to take care of those in need but by doing something about the problem individually, not by taking the wealth from others to do the things we see lacking.

The bee is not on the back of conservative v**ers; but on the backs of those who favor the thief of one citizen's wealth to do the things of their bidding just to make them feel better without having dig in their own pocket books!

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Feb 13, 2021 20:22:48   #
Wonttakeitanymore
 
Kevyn wrote:
Feeding hungry children and helping people keep their homes comes at a cost. The thing to remember is that raising taxes on the wealthy keeps inflation in check!


It’s not the wealthy that will pay! U are obtuse!

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Feb 13, 2021 20:23:39   #
Wonttakeitanymore
 
random3 wrote:
Americans scream that raising taxes is the only possible way to reduce inflation, but why not reduce the debt?


Reduce Congress salary!and stop giving biter a salary!

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Feb 13, 2021 20:28:44   #
Wonttakeitanymore
 
Milosia wrote:
How should we do that.
We owe the rich people whom lent us the money. We pay every cent printed to them for interest.
They are doing nothing to help this country, only collecting an endless supply of greenbacks.
The republicans are in favor of this operation and continue to borrow more money to give to the rich
as Tax Breaks.
It’s time to raise the the upper tax rate to at least 74%.
We don’t need no stinking Billionaires. Or Trillionaires for that matter.
Having them helps Nothing.
How should we do that. br We owe the rich people w... (show quote)

They are not going to be taxed nimrod! They have loopholes! They have the means to leave this country qnd live where they can be free or appreciated! It’s us who will suffer!!!

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Feb 13, 2021 20:33:26   #
random3
 
Americans are completely r****ded now.

Americans scream that there's nothing wrong with Trump paying taxes to China if Biden did, too.

Americans think being groped by the TSA is just fine if Muslims are, too.

Americans say tyranny is wonderful if North Korea is a police state, too.

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Feb 13, 2021 21:16:02   #
olegig Loc: Texas panhandle
 
Kevyn wrote:
The thing to remember is that raising taxes on the wealthy keeps inflation in check!


I don't think this is proven in the real economy. In fact some would term it false. It's true if all govt spending was funded by taxes there would be no inflation because there would be no need to print currency.
However it's a proven fact that as taxes on income go up, productivity goes down.

Ok, let's say we raise income taxes on the highly productive, the rich. First let's consider how they got rich. Income taxes are paid yearly, so therefore they are rich because they produce more yearly than others. They either own or invest in larger corporations which produce the things we consume. No matter a corporation or private business, when their taxes increase, they pass it on to the consumers.

The t***h is when a citizen yells for higher taxes on the rich, that citizen is really asking for a higher cost of living!
This is seen easily by looking at states or cities with high taxes. One will find they also have the highest costs of living.

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Feb 13, 2021 21:28:24   #
random3
 
Americans scream globalism is wonderful because there would be free trade, no borders, and no wars, but actually globalism means that the world would be run by a few elites and you couldn't escape high taxes or draconian laws.

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