Biden's proposal to raise minimum wage to $15 could kill up to 3.7M jobs, CBO estimates

Discussion in 'Current Events' started by doombug, Jan 21, 2021.

  1. Kat236

    Kat236 Well-Known Member

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    Yea Obama made things better for the rich, and doing that pushed inequality forward.
    These are very telling:

    https://www.nytimes.com/2019/09/18/opinion/obama-2008-financial-crisis.html

    https://www.investors.com/politics/editorials/rich-get-richer-poor-poorer-under-obama/

    Here’s a list of Trump accomplishments, take note how many of these are in favor of the people and not the rich or illegals:

    https://frankreport.com/2020/04/18/...-accomplishments-of-president-donald-j-trump/

    And now joke bidens list, this is great if you like your tax money wasted while living next to law breaking illegals who get more benefits than you.
    Yes joke biden is definitely watching out for the taxpayers of this country:

    https://www.nbcnews.com/politics/wh...ist-biden-s-executive-actions-so-far-n1255564
     
  2. dagosa

    dagosa Well-Known Member

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    Don’t forget another recession and bing on 1/2 million people dead. What an accomplishment.
     
  3. dagosa

    dagosa Well-Known Member

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    Frank report ? You embarrass yourself.
     
  4. dagosa

    dagosa Well-Known Member

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    That’s not even a supported article. Using opinions from the opinion page from any newspaper isn’t worth sht. Its not a researched article. But maybe that makes conservatives feel better to recirculate BS.
     
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  5. Jack Hays

    Jack Hays Well-Known Member Donor

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    I never watch Hannity.
     
  6. dagosa

    dagosa Well-Known Member

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    Ok, so you just listen to him.
     
  7. Jack Hays

    Jack Hays Well-Known Member Donor

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    Nope. Wrong again. I don't think he's very smart.
     
  8. Kat236

    Kat236 Well-Known Member

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    Not as much as you voting for a democrat.
     
  9. Surfer Joe

    Surfer Joe Well-Known Member Past Donor

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    Lol...your loony paper’s diatribe is at odds with the opinions of the US chamber of commerce, who agree that the minimum wage should be increased and have confidence in Biden’s policies.
     
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  10. Surfer Joe

    Surfer Joe Well-Known Member Past Donor

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    Lol...the same report also said that it would reduce poverty.
     
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  11. dagosa

    dagosa Well-Known Member

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    You mean the crowd that believes in science while repugs believe in what ? Made up sht ?
     
  12. dagosa

    dagosa Well-Known Member

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    Trump left office with another recession, a much worse economy then when he came in, along with a much higher unemployment rate , higher death rate and political unrest with an attack on the capital by the dumbest people around.

    And except for people breaking down doors, pretty much the way Bush left.....
     
    Last edited: Feb 13, 2021
  13. dagosa

    dagosa Well-Known Member

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    Hannity is a chip off the old block.
     
  14. dagosa

    dagosa Well-Known Member

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    Remember, the commiseration is with someone who believes ANTFA is rioting. ;) Just like the invasion of kids from Central America, the US is under attack now from within.
     
    Last edited: Feb 13, 2021
  15. Jack Hays

    Jack Hays Well-Known Member Donor

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    The Washington Post's view:

    On a $15 minimum wage, Democrats must listen to the data

    ...increasing the minimum wage. Also worth considering are proposals that would calibrate the minimum wage based ...
    Editorial Board · Feb 11, 2021

    IT MAY or may not be possible, under Senate rules, for Democrats to pass a $15 minimum wage in the next economic support package, as Senate Budget Committee Chairman Bernie Sanders (I-Vt.) urges. If the new majority in Washington wants to make policy according to objective economic research, however, it will reconsider the Sanders-led “Fight for $15.”

    We do not say this to oppose an increase in the federal minimum, which has been $7.25 since 2009, and is therefore declining in real terms. Rather, we are responding to the latest analysis by the Congressional Budget Office, which confirms that the bill under discussion would impose significant costs on low-income Americans, despite undeniable benefits. . . .
     
    Last edited: Feb 13, 2021
  16. dagosa

    dagosa Well-Known Member

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    That’s bogus. They only projected the 2025 rollout, not the 2028 plan passed in the house with the CBO findings and adjustments to roll out plan along the way.

    The CBO projections didn’t stop the repos from another disaster tax cut.
    Look where the economy is now after it. Another recession.
    CBO Confirms GOP Tax Law Contributes to Darkening Fiscal Future”

    That’s for sure.......


     
    Last edited: Feb 13, 2021
  17. Jack Hays

    Jack Hays Well-Known Member Donor

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    You can't just wave your arms to make facts disappear.
    And the Republicans' irresponsibility then does not excuse Democrats' irresponsibility now.
     
  18. dagosa

    dagosa Well-Known Member

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    Nope. You’re wrong. Recovery from recessions does not mean sitting on your ares and remaking in the same tax breaks for the wealthy. The middle class, the primary driver of the economy, need stimulus. That includes minimum wage. All of a sudden, you’re deficit hawkers. WHAT A JOKE. The wealthy are not the primary driver of the economy. This back asswards approach is what gets you into high deficit messes. States are dying on the vine.

    They are the ones who supply the primary services NOT THE FED.
    At the local level, operating costs still depend upon sales and property taxes. That’s just as much the poor and middle class. Jesus, inmany comunities, there are no rich people to tax regardless. You’re delusional.

    BREAKING THE CYCLE means getting the working poor out of hock which stupid tax breaks for rich have caused for decades under all presidents afterinitiated by repugs. 7.50 an hour is a joke.....Changing back tax rates to previous rates is how you avoid job loss and pay for it !
     
    Last edited: Feb 14, 2021
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  19. Kat236

    Kat236 Well-Known Member

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    No not that one, the one that is known for lies and NOT caring for the citizens:

    https://www.cbsnews.com/news/driver-in-biden-crash-wanted-name-cleared/#app

    https://www.investmentwatchblog.com...is-first-wife-being-killed-by-a-drunk-driver/


    https://www.thesun.co.uk/news/12871565/joe-biden-drunk-crash-neilia-trump-delaware/

    That’s only ONE example of joke’s blatant disregard for citizens just so he can capitalize.

    ...then there’s the Biden family issues our corrupt media conveniently ignores:

    https://nypost.com/2020/07/11/joe-bidens-family-has-a-long-rap-sheet/


    https://townhall.com/columnists/derekhunter/2020/10/25/biden-familys-corruption-is-nothing-new-and-largely-legal-n2578736


    https://freebeacon.com/2020-election/for-biden-family-a-history-of-tax-problems/


    I
    know, I know, it’s all FAKE news if it doesn’t please you.
     
  20. dagosa

    dagosa Well-Known Member

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    You’re the one waving his arms at a situation that doesn’t even even exist. You can’t even read the legislation passed in the house.
     
  21. dagosa

    dagosa Well-Known Member

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    So, how many fraud charges has byden been brought up on. How many people have been killed and 8njured under his proven incitement to break into the capital.

    oh, maybe he’s wearing the same tan suit as Obama and...maybe he’s doing away with Christmas. You guys are a joke.

    Your love child, Shawn - Tucker would be proud.
     
    Last edited: Feb 14, 2021
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  22. dagosa

    dagosa Well-Known Member

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    There are lots of people the right has listened to that aren’t very smart. Never stopped them before.
     
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  23. Jack Hays

    Jack Hays Well-Known Member Donor

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    Thank you for your rant.
    I have said before and I'll say again, we all should be paying higher federal income taxes.
    I have no problem with the stimulus as an emergency measure.
    There are serious downsides to the $15 minimum wage.
     
  24. Jack Hays

    Jack Hays Well-Known Member Donor

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    Sorry, but legislative language doesn't change the economic impact of a $15 minimum wage.
     
  25. Jack Hays

    Jack Hays Well-Known Member Donor

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    Yes, and . . . . ?
     

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