Biden’s economy

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes, we have major issues with "red tape" associated with infrastructure projects. The GOP can't even pass infrastructure funding bills when the control the branches of government, so...what do you expect GOP to do better?

As I see it, there are currently billions of dollars being deployed right now into high speed rail, into bridges, tunnels, ports, fiberoptics, etc. These are all projects that create jobs and make Amercian business more competitive in the future. And the GOP voted against it uniformly.

I don't want anymore bills. Do you get that?

The thousand page bills are emblematic of the dysfunction. They are the red tape, fer chrissakes!

They create jobs at rates much higher than market rates because they're guaranteed tax dollars for "the system" to rake in and continue the bad practices, washing the money through adminstrative and bureaucratic corrupt systems where it can be hidden and misspent.

Why is this SO difficult to understand? Washington DC is far too far away from the problems. They're sloppy.... ON PURPOSE.

Get rid of the federal bills and return the control to the states. They're much closer to the problem than the slopiness of DC.

This is as the GOP has designed, expressly for people like you to complain about how the government doesn’t work.

You still stick your hand out real quick whenever you want something, though.

[Anonymous]

NP - I'm actually feeling the PP about give not working sorry.

Ideally our govt should spearhead spending for national infrastructure and many other progressive things. I get it. They used to do that well but it's a new time now and govt is mostly broken. Politically and process wise. We just don't do it the way we used to and I don't know States should head up these projects but I do think on some level private industry could do it better if at least about the same.

I feel like free market system and business needs to take over because we really are spending our of control. While there's a foreign policy impact to supporting financially other country agendas, it's also just too much spending if money we simply do not have. I also acknowledge that in spending the money on others, there's advantages to creating jobs but let's be real - we are spending money in such a way we aren't being reasonable. The amount of debt we have is outrageous and it's wrong not to pull back.

Our country is such a mess. Between health care, immigration, infrastructure, political decay and national debt, I'm surprised so many people still think everything will pull through and everybody will continue to thrive. We have so many prob that need fixing and nobody who is realistic enough to offer practical solutions as a political leader. I think our govt is so broken and financially, we are going to suffer longer than it seems we will.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes, we have major issues with "red tape" associated with infrastructure projects. The GOP can't even pass infrastructure funding bills when the control the branches of government, so...what do you expect GOP to do better?

As I see it, there are currently billions of dollars being deployed right now into high speed rail, into bridges, tunnels, ports, fiberoptics, etc. These are all projects that create jobs and make Amercian business more competitive in the future. And the GOP voted against it uniformly.

I don't want anymore bills. Do you get that?

The thousand page bills are emblematic of the dysfunction. They are the red tape, fer chrissakes!

They create jobs at rates much higher than market rates because they're guaranteed tax dollars for "the system" to rake in and continue the bad practices, washing the money through adminstrative and bureaucratic corrupt systems where it can be hidden and misspent.

Why is this SO difficult to understand? Washington DC is far too far away from the problems. They're sloppy.... ON PURPOSE.

Get rid of the federal bills and return the control to the states. They're much closer to the problem than the slopiness of DC.

I dunno. Maybe because some states divert federal money designated for projects such as infrastructure and welfare to build things like , I don’t know, volleyball arenas.

[Anonymous]

Anonymous wrote:NP - I'm actually feeling the PP about give not working sorry.

Ideally our govt should spearhead spending for national infrastructure and many other progressive things. I get it. They used to do that well but it's a new time now and govt is mostly broken. Politically and process wise. We just don't do it the way we used to and I don't know States should head up these projects but I do think on some level private industry could do it better if at least about the same.

I feel like free market system and business needs to take over because we really are spending our of control. While there's a foreign policy impact to supporting financially other country agendas, it's also just too much spending if money we simply do not have. I also acknowledge that in spending the money on others, there's advantages to creating jobs but let's be real - we are spending money in such a way we aren't being reasonable. The amount of debt we have is outrageous and it's wrong not to pull back.

Our country is such a mess. Between health care, immigration, infrastructure, political decay and national debt, I'm surprised so many people still think everything will pull through and everybody will continue to thrive. We have so many prob that need fixing and nobody who is realistic enough to offer practical solutions as a political leader. I think our govt is so broken and financially, we are going to suffer longer than it seems we will.

Here is the thing you and the PP don't get....the government FUNDS these things. They don't execute on them. The Federal government has money, a lot of it is sent to states in the form of block grants or other sources based on things like census counts. This goes for education, roads, etc. The states then put out RFPs for private businesses or non-profits to actually execute. Similarly, the Federal government, through its agencies, puts out RFPs that result in studies, butts in seats, blueshirts in airports etc. Most of the federal employees who are not postal workers, park service or military are basically project managers who administer the money given to states and the contracting companies (aka beltway bandits)

This is the way the GOP wanted the government. Reagan said government was the problem, and in the ensuing decades, the number of federal workers has gone down. Yet the budget goes up because the work needs to get done. So instead of paying a federal worker like 90,000/year, they are paying a beltway bandit $250,000 for the same work with the higher ups/partners at those "consulting" firms pocketing the difference. Guess how most of those partners vote?

Yup, GOP.

Government was actually more cost effective and efficient before Reagan turned public sentiment, and now the taxpayer is paying a lot more for the same work.

And people like the PPP and PP complain about it. They are right, but not the way they think they are.

[Anonymous]

Anonymous wrote:

Anonymous wrote:NP - I'm actually feeling the PP about give not working sorry.

Ideally our govt should spearhead spending for national infrastructure and many other progressive things. I get it. They used to do that well but it's a new time now and govt is mostly broken. Politically and process wise. We just don't do it the way we used to and I don't know States should head up these projects but I do think on some level private industry could do it better if at least about the same.

I feel like free market system and business needs to take over because we really are spending our of control. While there's a foreign policy impact to supporting financially other country agendas, it's also just too much spending if money we simply do not have. I also acknowledge that in spending the money on others, there's advantages to creating jobs but let's be real - we are spending money in such a way we aren't being reasonable. The amount of debt we have is outrageous and it's wrong not to pull back.

Our country is such a mess. Between health care, immigration, infrastructure, political decay and national debt, I'm surprised so many people still think everything will pull through and everybody will continue to thrive. We have so many prob that need fixing and nobody who is realistic enough to offer practical solutions as a political leader. I think our govt is so broken and financially, we are going to suffer longer than it seems we will.

Here is the thing you and the PP don't get....the government FUNDS these things. They don't execute on them. The Federal government has money, a lot of it is sent to states in the form of block grants or other sources based on things like census counts. This goes for education, roads, etc. The states then put out RFPs for private businesses or non-profits to actually execute. Similarly, the Federal government, through its agencies, puts out RFPs that result in studies, butts in seats, blueshirts in airports etc. Most of the federal employees who are not postal workers, park service or military are basically project managers who administer the money given to states and the contracting companies (aka beltway bandits)

This is the way the GOP wanted the government. Reagan said government was the problem, and in the ensuing decades, the number of federal workers has gone down. Yet the budget goes up because the work needs to get done. So instead of paying a federal worker like 90,000/year, they are paying a beltway bandit $250,000 for the same work with the higher ups/partners at those "consulting" firms pocketing the difference. Guess how most of those partners vote?

Yup, GOP.

Government was actually more cost effective and efficient before Reagan turned public sentiment, and now the taxpayer is paying a lot more for the same work.

And people like the PPP and PP complain about it. They are right, but not the way they think they are.

Of course the GOP is part of the problem. So is the DNC. In fact, 70% of the federal budget is transfer payments; that's money that comes out of one pocket and goes in to another for nothing. An entitlement.

The interest on the national debt is going up all the time. We're borrowing money from China and giving it to Ukraine. We have our leaders constantly promising millions to billions for this development fund or that initiative to another country and we're broke-ass.

And people here still have this mentality that we're a rich country. Really? No, we aren't. This is a facade as long as the music keeps playing. But get real!

[Anonymous]

That's him promising another 11 BILLION for "climate change" a few weeks ago...

https://www.air.tv/watch?v=qwMBud-vSHaPGJ4WxJjnOw

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:NP - I'm actually feeling the PP about give not working sorry.

Ideally our govt should spearhead spending for national infrastructure and many other progressive things. I get it. They used to do that well but it's a new time now and govt is mostly broken. Politically and process wise. We just don't do it the way we used to and I don't know States should head up these projects but I do think on some level private industry could do it better if at least about the same.

I feel like free market system and business needs to take over because we really are spending our of control. While there's a foreign policy impact to supporting financially other country agendas, it's also just too much spending if money we simply do not have. I also acknowledge that in spending the money on others, there's advantages to creating jobs but let's be real - we are spending money in such a way we aren't being reasonable. The amount of debt we have is outrageous and it's wrong not to pull back.

Our country is such a mess. Between health care, immigration, infrastructure, political decay and national debt, I'm surprised so many people still think everything will pull through and everybody will continue to thrive. We have so many prob that need fixing and nobody who is realistic enough to offer practical solutions as a political leader. I think our govt is so broken and financially, we are going to suffer longer than it seems we will.

Here is the thing you and the PP don't get....the government FUNDS these things. They don't execute on them. The Federal government has money, a lot of it is sent to states in the form of block grants or other sources based on things like census counts. This goes for education, roads, etc. The states then put out RFPs for private businesses or non-profits to actually execute. Similarly, the Federal government, through its agencies, puts out RFPs that result in studies, butts in seats, blueshirts in airports etc. Most of the federal employees who are not postal workers, park service or military are basically project managers who administer the money given to states and the contracting companies (aka beltway bandits)

This is the way the GOP wanted the government. Reagan said government was the problem, and in the ensuing decades, the number of federal workers has gone down. Yet the budget goes up because the work needs to get done. So instead of paying a federal worker like 90,000/year, they are paying a beltway bandit $250,000 for the same work with the higher ups/partners at those "consulting" firms pocketing the difference. Guess how most of those partners vote?

Yup, GOP.

Government was actually more cost effective and efficient before Reagan turned public sentiment, and now the taxpayer is paying a lot more for the same work.

And people like the PPP and PP complain about it. They are right, but not the way they think they are.

Of course the GOP is part of the problem. So is the DNC. In fact, 70% of the federal budget is transfer payments; that's money that comes out of one pocket and goes in to another for nothing. An entitlement.

The interest on the national debt is going up all the time. We're borrowing money from China and giving it to Ukraine. We have our leaders constantly promising millions to billions for this development fund or that initiative to another country and we're broke-ass.

And people here still have this mentality that we're a rich country. Really? No, we aren't. This is a facade as long as the music keeps playing. But get real!

So you want to complain about people being able to obtain food (pennies) but don't care about the raping of the federal treasury by white collar and big business.

At least the little guy is spending money at the local store, so that money is going back into the economy.
What is the big guy and big business doing with the money? Hording it and enriching the shareholders. Most of that money is NOT being reinvested into the country. Trickledown economics doesn't work. It has been a disporven theory for decades now, and yet...

[Anonymous]

Anonymous wrote:That's him promising another 11 BILLION for "climate change" a few weeks ago...

https://www.air.tv/watch?v=qwMBud-vSHaPGJ4WxJjnOw

Why do all right wingers use some weird budget links to some site you can’t preview or find the interview on? And why are right wingers so frightfully uninformed? Granted, I’m not clicking through to whatever mess that is, but it’s the same 11 billion that was pledged several years ago. Here’s an NPR article talking about it from 2022. https://www.npr.org/2022/11/08/1132980254/its-going-to-be-hard-for-biden-to-meet-this-11-billion-climate-change-promise

So it’s the same 11 billion meant to help poor countries transition to green energies for a cleaner world and for developing countries not to develop into coal. But if you were the goober who posted it or a goober who shares his ideologies and wouldn’t bother to watch the link or research, you’d get to spend the day hopping mad that Joe Biden personally stole all 11 billion dollars that you personally made last year from all your hard work and is spending it on the clean energy fairies. Use google, you guys. It’d help your blood pressure.

[Anonymous]

Anonymous wrote:

Anonymous wrote:That's him promising another 11 BILLION for "climate change" a few weeks ago...

https://www.air.tv/watch?v=qwMBud-vSHaPGJ4WxJjnOw

Why do all right wingers use some weird budget links to some site you can’t preview or find the interview on? And why are right wingers so frightfully uninformed? Granted, I’m not clicking through to whatever mess that is, but it’s the same 11 billion that was pledged several years ago. Here’s an NPR article talking about it from 2022. https://www.npr.org/2022/11/08/1132980254/its-going-to-be-hard-for-biden-to-meet-this-11-billion-climate-change-promise

So it’s the same 11 billion meant to help poor countries transition to green energies for a cleaner world and for developing countries not to develop into coal. But if you were the goober who posted it or a goober who shares his ideologies and wouldn’t bother to watch the link or research, you’d get to spend the day hopping mad that Joe Biden personally stole all 11 billion dollars that you personally made last year from all your hard work and is spending it on the clean energy fairies. Use google, you guys. It’d help your blood pressure.

DP, I would add, that is also developing countries buying US company products and services.

[Anonymous]

Anonymous wrote:High inflation will continue for necessities. Prices on non - essential goods and services will drop because people have no money left after food, shelter, insurance, utilities, repairs and maintenance.

The Fed will over factor in the drop in nonessential stuff to pretend inflation is ok.

Prices are out of control on essential purchases.

Essential purchases like used cars?

[Anonymous]

Anonymous wrote:High inflation will continue for necessities. Prices on non - essential goods and services will drop because people have no money left after food, shelter, insurance, utilities, repairs and maintenance.

The Fed will over factor in the drop in nonessential stuff to pretend inflation is ok.

Prices are out of control on essential purchases.

Essential purchases like prescription drugs?

[Anonymous]

The Biden Administration is doing everything it can to lower costs for consumers, and at every turn, Oligarchs that own big businesses, big Pharma and the GOP, in the form of opposing anti-price gouging legislation, spurn the efforts.

And then the turn around and complain about the high costs for base goods.

Gaslighting fait acompli

[Anonymous]

Take money, invest it in people and things that will create value, harvest that value, invest it in people and things that will create value, rinse, repeat.

I don't get why people are so hostile to taxing, spending, and then taxing the value created by that spending. I mean, I guess we could take all that money and bury it in the ground or blow on Faberge eggs just because we "hate government" or whatever. But that will lead to a meaner, more dysfunctional society.

[Anonymous]

Anonymous wrote:High inflation will continue for necessities. Prices on non - essential goods and services will drop because people have no money left after food, shelter, insurance, utilities, repairs and maintenance.

The Fed will over factor in the drop in nonessential stuff to pretend inflation is ok.

Prices are out of control on essential purchases.

Essential purchases like homes?

[Anonymous]

The unemployment rate unexpectedly fell in November, reflecting signs that the labor market may not be cooling as quickly as many had initially thought.

Data from the Bureau of Labor Statistics showed Friday the unemployment rate was 3.7% down from 3.9% in October, while US economy added 199,000 jobs, an uptick from the previous month as striking auto workers and Hollywood actors came back to the workforce.

Economists surveyed by Bloomberg expected job gains of 185,000 with unemployment holding steady from the prior month at 3.9%.