Trump strategy - Lie, spread propaganda, push a lot of fear mongering, start pushing doubt about elections, tell everyone Democrats are evil cheaters, tell everyone he's a wrongfully accused man being prosecuted by a corrupt government, insert fake electors, appease to the racists, and make fake promises to get votes. Trump after losing - Cry foul play, scream to the rooftops that the election was rigged, incite the right wing extremists, lie, deny, demand recounts, start spreading lies about dead people and illegals voting, start a coup, incite another insurrection, and sit back and watch the chaos.
Kamala Harris unveils populist policy agenda, with $6,000 credit for newborns The vice president endorses government action on housing, groceries, medical debt, drugs and other issues. https://www.washingtonpost.com/business/2024/08/16/kamala-harris-2024-policy-child-tax-credit/ excerpt: The most striking proposals were for the elimination of medical debt for millions of Americans; the “first-ever” ban on price gouging for groceries and food; a cap on prescription drug costs; a $25,000 subsidy for first-time homebuyers; and a Child Tax Credit that would provide $6,000 per child to families for the first year of a baby’s life. The last item followed a suggestion earlier this month from J.D. Vance, the GOP vice-presidential nominee, that the credit be raised from $2,000 per child to $5,000. Harris is also calling for restoring the Biden administration Child Tax Credit that expired at the end of 2021, which raised the benefit for most families from $2,000 per kid to $3,000. *** “Vice President Harris faces a dilemma: On the one hand, America is on a fiscally unsustainable path, and if we’re going to embark on some of the more ambitious programs she’d like to pursue we need more revenue,” said Daniel Hemel, a tax policy expert at the New York University School of Law. “On the other hand, democracy is in peril, and that crisis feels — and is — more imminent than the fiscal crisis, and I think she’s made the correct calculus that sacrificing on fiscal policy for a few hundred thousand middle class voters in the battleground states is worth it.” more at the link
link will work for everyone https://www.wsj.com/opinion/joe-bid...mhwz3zlml7e&reflink=desktopwebshare_permalink How the Biden-Harris Economy Left Most Americans Behind A government spending boom fueled inflation that has crushed real average incomes. By The Editorial Board Aug. 15, 2024 at 5:47 pm ET Kamala Harris plans to roll out her economic priorities in a speech on Friday, though leaks to the press say not to expect much different than the last four years. That’s bad news because the Biden-Harris economic record has left most Americans worse off than they were four years ago. The evidence is indisputable. President Biden claims that he inherited the worst economy since the Great Depression, but this isn’t close to true. The economy in January 2021 was fast recovering from the pandemic as vaccines rolled out and state lockdowns eased. GDP grew 34.8% in the third quarter of 2020, 4.2% in the fourth, and 5.2% in the first quarter of 2021. By the end of that first quarter, real GDP had returned to its pre-pandemic high. All Mr. Biden had to do was let the recovery unfold. *** Instead, Democrats in March 2021 used Covid relief as a pretext to pass $1.9 trillion in new spending. This was more than double Barack Obama’s 2009 spending bonanza. State and local governments were the biggest beneficiaries, receiving $350 billion in direct aid, $122 billion for K-12 schools and $30 billion for mass transit. Insolvent union pension funds received a $86 billion rescue. The rest was mostly transfer payments to individuals, including a five-month extension of enhanced unemployment benefits, a $3,600 fully refundable child tax credit, $1,400 stimulus payments per person, sweetened Affordable Care Act subsidies, an increased earned income tax credit including for folks who didn’t work, housing subsidies and so much more. The handouts discouraged the unemployed from returning to work and fueled consumer spending, which was already primed to surge owing to pent-up savings from the Covid lockdowns and spending under Donald Trump. By mid-2021, Americans had $2.3 trillion in “excess savings” relative to pre-pandemic levels—equivalent to roughly 12.5% of disposable income. So much money chasing too few goods fueled inflation, which was supercharged by the Federal Reserve’s accommodative policy. Historically low mortgage rates drove up housing prices. The White House blamed “corporate greed” for inflation that peaked at 9.1% in June 2022, even as the spending party in Washington continued. In November 2021, Congress passed a $1 trillion bill full of green pork and more money for states. Then came the $280 billion Chips Act and Mr. Biden’s Green New Deal—aka the Inflation Reduction Act—which Goldman Sachs estimates will cost $1.2 trillion over a decade. Such heaps of government spending have distorted private investment. {fig 1} While investment in new factories has grown, spending on research and development and new equipment has slowed. Overall private fixed investment has grown at roughly half the rate under Mr. Biden as it did under Mr. Trump. Manufacturing output remains lower than before the pandemic. Magnifying market misallocations, the Administration conditioned subsidies on businesses advancing its priorities such as paying union-level wages and providing child care to workers. It also boosted food stamps, expanded eligibility for ObamaCare subsidies and waved away hundreds of billions of dollars in student debt. The result: $5.8 trillion in deficits during Mr. Biden’s first three years—about twice as much as during Donald Trump’s—and the highest inflation in four decades. Prices have increased by nearly 20% since January 2021, compared to 7.8% during the Trump Presidency. Inflation-adjusted average weekly earnings are down 3.9% since Mr. Biden entered office, compared to an increase of 2.6% during Mr. Trump’s first three years. (Real wages increased much more in 2020, but partly owing to statistical artifacts.) Higher interest rates are finally bringing inflation under control, which is allowing real wages to rise again. But the Federal Reserve had to raise rates higher than it otherwise would have to offset the monetary and fiscal gusher. The higher rates have pushed up mortgage costs for new home buyers. Three years of inflation and higher interest rates are stretching American pocketbooks, especially for lower income workers. Seriously delinquent auto loans and credit cards are higher than any time since the immediate aftermath of the 2008-09 recession. Ms. Harris boasts that the economy has added nearly 16 million jobs during the Biden Presidency—compared to about 6.4 million during Mr. Trump’s first three years. But most of these “new” jobs are backfilling losses from the pandemic lockdowns. The U.S. has fewer jobs than it was on track to add before the pandemic. {fig 2} What’s more, all the Biden-Harris spending has yielded little economic bang for the taxpayer buck. Washington has borrowed more than $400,000 for every additional job added under Mr. Biden compared to Mr. Trump’s first three years. Most new jobs are concentrated in government, healthcare and social assistance—60% of new jobs in the last year. Administrative agencies are also creating uncertainty by blitzing businesses with costly regulations—for instance, expanding overtime pay, restricting independent contractors, setting stricter emissions limits on power plants and factories, micro-managing broadband buildout and requiring CO2 emissions calculations in environmental reviews. *** The economy is still expanding, but business investment has slowed. And although the affluent are doing relatively well because of buoyant asset prices, surveys show that most Americans feel financially insecure. Thus another political paradox of the Biden-Harris years: Socioeconomic disparities have increased. Ms. Harris is promising the same economic policies with a shinier countenance. Don’t expect better results. Appeared in the August 16, 2024, print edition as 'The Real Biden-Harris Economic Record'. more at the link
If you wanna have less war and more money in your pocket (power of the $), you l'll vote for the great American hope. Democratic politicians are two faced deceivers, everyone got 'em figured out except for the people that vote blue no matter what. I used to be a hardcore democrat, thank God I woke up
It is a handout. But unlike handouts for the wealthy or cuts in corporate taxes, this handout goes to folks with kids. People who provide goods and services to consumers with children are delighted, because these families will likely spend all or most of handout and pump that back into the economy. Of course tax breaks for the wealthy have a much higher rate of going to savings and so have a lower percentage pumped back into the economy.
It's all fake because inflation more than eats it up. Playbook of the leftists: 1) Cause inflation by massive government overspending 2) Inflation hits the poorest the hardest 3) Promise handouts to the poorest 4) Make the poorest completely dependent on the government, disincentivizing entrepreneurial initiative and work ethic 5) Act like you are kind and generous to the poorest, patronizing them and buying their votes 6) Wreck the economy in the process 7) Blame it on "capitalists" and "large corporates" 8) Increase taxes across the board, bloating government even more 9) Despite record tax income, keep the government overspending up 10) Rinse and repeat
I disagree, when you give tax breaks to the wealthy and make it easier for them to do business= they'll open more businesses, hire more people, fire less people = good for the people. But when you tax the crap outta 'em, they'll just move their firm overseas or downsize.
Research the trickle down economics. That doesn't work. Businesses don't hire more people unless their businesses have a sustainable path forward making more money. It doesn't matter if they get tax breaks as much as it matters if people are purchasing their goods and services. People purchasing their goods and services is what will enable them to hire more people and fire less.
Here's how our opinions differ then..... Trump didn't make my life better, and it didn't take me long to see what a pathological lying con he was. Watching him stir up so much division and hate disgusted me. Watching him scoff at millions dying of Covid disgusted me. Watching him try to sew doubt into the people with voting lies and propaganda months ahead of the vote he feared losing disgusted me. After he lost, he lied pathetically about being cheated to save his precious ego, and started a coup. Then the scumbag left office with hundreds of boxes of classified documents and left our nation's secrets scattered around in a home where he wined and dined with people who could have easily seen them. Then he obstructed justice and lied about still having the documents. To this date he still says he won. To this date he still lies compulsively at every rally, interview or on social media. You can trust him all you want, but I've seen enough to view him as a man unfit to serve. He ticks too many boxes on a Sociopath/Psychopath scale to make me comfortable with him as a leader. I don't trust pathological liars, and certainly not some white collar criminal and felon who surrounds himself with other criminals and felons. Trump doesn't give a damn about anyone but himself. That's why I did the opposite of what you did. I went from Republican to Democrat after I saw what a mess Trump made of everything Obama achieved. I don't want some right wing crazy man who adores Dictators as President, and neither do most Americans. As you think you have Democrats figured out, well the majority of Americans have Trump figured out, and his chances of winning are dropping every week. Vote as you wish. That's your choice.
If everything was as black and white as you paint it. Democrats: We want to hand out freebies. Nobody cares if there is abuse in the system, its for the greater good. It buys us votes! Also Democrats: We don't give a flying rats ass if small to middle size corps benefit from tax cuts (IE: Middle class), we refuse to let wealthy people benefit too. We have no way to capitalize on this for us (democrats) to stay in power.
the posts u randomly mention me in get lamer and more corny each time…please get some better material already
They've said the same thing in '16, dictator, the end of democracy, sociopath that can't be trusted with the nuclear weapons/buttons etc. And nothing happened except for peace and $$$ until corona. I've believed all that crap back then too, but then I saw how the media would twist his words around/take it outta contest to make him a racist, create a false narrative in every way possible, and had some people act out on those unreal narratives. He's a 100% narcissist but he ain't fake. At least with him you know what you're getting, no bs. I have more respect for those type of people in everyday life than the hypocrites.
You are the no. 1 Kamala cheerleader, so you got mentioned as the representative of the Kamala fan club. Nothing personal. I like you. You are a good poster otherwise and not as mean-spirited as some of the other leftists.
