Amtrak is replacing all their trains with newer models made in California while also expanding their high speed service in the East. Amtrak is also adding another 85 new routes all by 2026. This was only made possible as dems gave amreak 45b in funding (more funding than they ever received in history combined) All you MAGA will be effected by bidens policies forever in ways you don't even realize.
news reports this morning that Hunter Biden was fond of driving Joe's 1967 Stingray and loved to take the nuclear codes for joy rides
The new acela are being expanded and the entire east coast is getting extra electrified for higher speeds. New lines going go close to 200. Amtrak is getting an entire face life and folks have no idea about the transformation.
https://www.politico.com/news/2023/01/19/joe-manchin-davos-inflation-reduction-act-europe-00078510 It's funny how every g7 leader is pissed off at biden for the IRA because of its strong made in America provisions. Every new technology is flooding America. Quantum, hydrogen, geothermal, solar farms, wind farms, battery production, solar panel production. French president said This is what make America great again truly looks like. Not tax cuts for mega corporations
literally nothing will change until they own their own tracks; they're dependent on freight carriers for right-of-way. none of this money will change that.
That's just an illusion. Dems and Reps do both, then attack the other side for not doing one unpopular aspect enough. We're acting like the 125% debt to GDP ratio is an illusion though. Short term gains FTW. Also, Macron and other countries are justified at resenting the US for exporting inflation. They mostly have no choice or agency when the dollar rules the world.
When did biden pass tax cuts for the rich? Are you on drugs? Biden has cracked down in monopolies more than any president since fdr. https://www.politico.com/news/2023/...wings-and-misses-to-fight-monopolies-00077304 They did a great write up on this yesterday. People truly have no idea what's happening in the biden government. It's funny
Nah, I said both parties did both. On the flipside, that would mean Dems haven't taxed the rich as much as you'd think they would. The CARES Act and PPT were billed as saving Americans and small biz, but corporations were also beneficiaries. How much of that Cares Act money went directly into our pockets? It doesn't have to be a direct tax cut to benefit industries. It could be direct subsidies to "favored industries" like the CHIPS Act or green energy provisions in the Inflation Reduction Act. It's easier to think in binary (Tax me, Pay me), but any good accountant can turn piss into wine, or feed 4,000 from a bad loan that smells like fish. The greatest spin for the Fed in the past decade or two was to turn their mandate for employment into bailing out companies beyond Too Big, To Fail in order to prevent mass firings and layoffs. Meanwhile their chairs and governors made millions off inside information that isn't explicitly illegal by many measures. We spend a trillion plus in our budget, blow away another trillion for "emergency measures" like war or plague, have homeless sprawling onto our city streets, yet can't comprehend stories like these: The richest 1% of people amassed almost two-thirds of new wealth created in the last two years, Oxfam says Since 2020, the richest 1% of people have accumulated close to two-thirds of all new wealth created around the world, a new report from Oxfam says. Taxes must be increased for the ultra-rich as a “strategic precondition to reducing inequality and resuscitating democracy,” Gabriela Bucher, executive director of Oxfam International said. I know, I know...economy is weak, we don't have money to do this or that, yadda yadda yadda
The subsidies in the inflation reduction act and chips act are going to industries that are deemed high on national security. We receive 90% of our 3nm chips from Taiwan for our advanced military. Right now China controls close to 70% of the solar market and 90% of critical minerals market. Biden isn't just throwing money to them for no reason but rather to shore up national security so we don't have to go to war over Taiwan. We can either onshore our critical infrastructure before China invades Taiwan thus saving us from direct war or we go to war with China to protect Taiwan. These are the binary decisions. Who's bailing out billionaires? They now have to face the most rigid irs enforcement they'll have ever seen... https://www.cnbc.com/2022/04/14/how...ke-and-fedex-avoid-paying-federal-taxes-.html Amazon FedEx and the largest corporations paid no federal taxes in 2022 cuz Republicans rigged the rules. Now these corporations will pay a minimum 15% tax under the new law which dems passed.
It should make a difference, but it's an indirect approach in light of political reality. It's these indirect acts through executive order that companies bristle at (instability and poor planning) and partisans cheer/hate on, but it still hides the glaring inaction by Congress despite a working majority in both chambers. Granted the lead was slim and there were holdouts, but those holdouts weren't necessarily going against party message either. It wasn't like there was a public mandate for Biden to raise taxes against the ultra wealthy. The little things should be cheered for, but we still have crushing debt, crushing inequality, and structural economic problems neither party has addressed since the GFC. So I don't think it's a Biden problem, it's a voter problem. We don't like taxes or the thought of them (even if it's for another group). We were bailed out during covid and now there's a forbearance issue. It's also a moral hazard issue because loans aren't being paid and maybe there will be another bailout? I guess with all this wealth and money being helicoptered from the top, it's someone else's problem to figure out who's paying for it? Except we vote in candidates who promise things without raising taxes or are gridlocked in congress without a strong majority to do something as mundane as paying your bills. Maybe it's become politically and realistically unfeasable to pay off that 30T+ debt by traditional means. Who knows? Can I has more MMT to deflect?
Who cares about the national debt. The whole point of eliminating the gold standard was so we could rig the global economic system. You're getting caught up in the wrong things. As long as the dollar is the reserve currency the debt doesn't really matter. You do realize majority of our debt is literally owed to ourselves right? What exactly are you complaining about?
Then why pay taxes? In 2018, the GDP : Debt ratio was around 77%. Maybe your kind of thinking is part of the problem?
This needs to be the democratic message in 2024. PRO American PRO worker PRO freedom Cut the equity/LGBTQ bs and run a Regan sort of campaign message.
I know this is a frequent criticism of Democrats that they are focussing too much on LGBTQ issues but other than marriage equality I don't recall a Democratic campaign that actually did focus on that. For that matter marriage equality was ten years ago as a major issue. It seems like Republicans are the ones focussing on those issues negatively and Democrats are responding to them.
Alot of progressives and bernie bros I've came across in Houston while volunteering are brainwashed into thinking that the way to win over swing voters is to pitch Medicare for all and other economic issues. This is why bernie has never been able to Crack the 35% demo in the party and why he got his ass kicked in the south every time. It blows their mind that voters care about normie **** more than health care and insurance. Bernie and other Progressives were crapping on the party during the midterms for not talking about inflation more bcz they were too focused on democracy. Guess what. Democracy debate won and DNC was right again.
