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It was a GOP bill Clinton signed and of course Bush deregulated, the Democrats had basically nothing to do with it. Blah blah blah blah blah same damn stuff every time. The GOP was in charge and was behind it and had the oversight and they were a corrupt mess beginning to end as usual......, dupes.....Did he? I don't recall that.
Absolutely.
The rich also provide the capital for consumer loans, business loans, as well as giving lots to charity. And don't forget that they pay the lion's share of taxes. And their investments create millions of jobs. I wouldn't want to live in a country that didn't have rich people.Wow. You've really drank the Kool-Aid! The wealthy actually do stuff their money in a mattress, metaphorically speaking.
Also, you don't think the workers would spend their money back into the economy? Of course they would! And more directly.
Actually, it is almost magic the way good things happen.Magical thinking.
We have millions of small businesses that can't provide good wages and benefits, while good paying jobs that can go unfilled. Also, we have too many undereducated workers for whom there are no jobs. The labor market is all screwed up.There should be a living wage and health care for anyone who is a citizen for crying out loud and every job should have that dignity especially when university and training is ridiculously expensive.. Our country is a GOP giveaway to the rich disaster at the moment and you're talking about how the rich bring up the standard of living? Are that is no argument for having so many poor people. Really poor people. Including many rural Republicans....
Large companies locate where there is an 'educated workforce'. Not college educated but proficient in basic math and English. They have a hard time finding such places today.There should be a living wage and health care for anyone who is a citizen for crying out loud and every job should have that dignity especially when university and training is ridiculously expensive.. Our country is a GOP giveaway to the rich disaster at the moment and you're talking about how the rich bring up the standard of living? Are that is no argument for having so many poor people. Really poor people. Including many rural Republicans....
BS. We have to compete with other modern countries who have cheap college university and training and a living wage and health care et cetera et cetera and we're failing under this GOP dominated regimen. We need to tax the rich and big oil big health etcetera again and invest in America again. TRICKLE DOWN IS BS for rubes like you. Oops brainwashed functional rubes politically of course....Large companies locate where there is an 'educated workforce'. Not college educated but proficient in basic math and English. They have a hard time finding such places today.
U.S. companies leave because of high taxes, high labor costs, and burdensome regulations. All economies are 'trickle down' from rich to poor. Then, because of poor decisions by the poor it 'trickles' back up to the rich.BS. We have to compete with other modern countries who have cheap college university and training and a living wage and health care et cetera et cetera and we're failing under this GOP dominated regimen. We need to tax the rich and big oil big health etcetera again and invest in America again. TRICKLE DOWN IS BS for rubes like you. Oops brainwashed functional rubes politically of course....
Nope. Banks provide the capital for loans, not the rich.The rich also provide the capital for consumer loans, business loans, as well as giving lots to charity.
U.S. companies leave because of high taxes, high labor costs, and burdensome regulations. All economies are 'trickle down' from rich to poor. Then, because of poor decisions by the poor it 'trickles' back up to the rich.
We are easily the richest country in the world and we have the worst inequality upward mobility poverty and homelessness anywhere by far in the modern world. Because of your BS....dupe. The poor are doing fine, the problem is now the middle and working classes which are getting screwed by the GOP. We are dying for a Democratic landslide and reform....cheap college and training and great infrastucture like every othr modern country..... We can't compete with Third World countries on manual labor for crying out loud .......U.S. companies leave because of high taxes, high labor costs, and burdensome regulations. All economies are 'trickle down' from rich to poor. Then, because of poor decisions by the poor it 'trickles' back up to the rich.
Nope. Banks provide the capital for loans, not the rich.
In fact, the rich BORROW money, not lend it. Trump, for example, is in hock up to his eyeballs.
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Examine why there are poor in the richest country in the world and you'll find gross irresponsibility by most of them. Yep, most are to blame for their status. Sadly, while younger people can change that the older ones would have a difficult time.We are easily the richest country in the world and we have the worst inequality upward mobility poverty and homelessness anywhere by far in the modern world. Because of your BS....dupe.
You've discussed much of this previously, but .... I read something similar to this a few weeks backWhile partisan propagandists has us all at each others' throats over guns, abortions, trannies, and gas stoves, both parties are driving our country at full speed toward fiscal destruction.
Somehow, the GOP has convinced the rubes they are the party of fiscal responsibility, despite doubling our deficits and debt whenever they get full power.
The Democrats have convinced the rubes they need to spend more money on free puppies for hookers.
It's time for all of us to start holding our politicians accountable for this insanity. This is not a Right or Left thing. This is a threat to ALL of us EQUALLY.
Don't be distracted by shiny objects.
The federal deficit is projected to roughly double this year, as bigger interest payments and lower tax receipts widen the nation’s spending imbalance despite robust overall economic growth.
After the government’s record spending in 2020 and 2021 to combat the impact of covid-19, the deficit dropped by the greatest amount ever in 2022, falling from close to $3 trillion to roughly $1 trillion. But rather than continue to fall to its pre-pandemic levels, the deficit then shot upward. Budget experts now project that it will probably rise to about $2 trillion for the fiscal year that ends Sept. 30, according to the Committee for a Responsible Federal Budget, a nonpartisan group that advocates for lower deficits. (These numbers ignore President Biden’s $400 billion student debt cancellation policy, which was struck down by the Supreme Court this year and never took effect.)
[snip]
The higher deficit may undermine Biden’s attempts to take credit for reining in the budget ahead of the 2024 presidential election. And it could pose a challenge to Republican lawmakers, who — despite their calls for fiscal responsibility — are pushing to extend more than $3 trillion in tax cuts they approved in 2017.
www.marketplace.org
