Jump to content

Biden Confronts The Economic Crisis


Tiberius

Recommended Posts

  • 2 weeks later...

https://hotair.com/ed-morrissey/2021/05/27/nyt-behold-the-gops-narrow-928-billion-counteroffer-on-infrastructure-n392944

 

 

Here we go.....................

 

 

 

NYT: Behold the GOP's "narrow" $928 billion counteroffer on infrastructure

 

Worth noting: The entire Barack Obama infrastructure-relief package in 2009, quarterbacked by Sheriff Joe himself, was only $800 billion. Now, suddenly, anything below a trillion dollars is “narrow,” at least according to the New York Times and its headline writer:

 

 

Bear in mind that this “narrow” proposal constitutes nearly 20% of the present level of annual federal spending, including mandatory programs such as Social Security and Medicare. It’s over half of the current year’s discretionary spending. And it comes after spending nearly six trillion dollars on pandemic relief and stimulus, much of which has gone unspent so far and looks like it might be unnecessary, now that businesses are fully reopening.

 

That’s why Republicans want to redirect those funds for infrastructure. That should have a mildly short-term stimulating effect too, but it creates long-lasting improvements without printing more money or raising taxes any further. This proposal also focuses on actual infrastructure rather than the hobby-horse agenda of Democrats. It also now includes rural broadband in the definition of “core infrastructure, a key improvement in this proposal:

 

 

 

 

 

We can expect to see this offer characterized by the rest of the media in the way the NYT casts it here — “narrow,” conservative, perhaps even “skinny,” which would be hilarious under any other circumstances.

 

This offer is none of those things, and instead is nearly reckless in its commitment to further spending after last year’s money-printing spree.

 

McConnell alludes to this by referencing Lawrence Summers’ repeated warnings that we are courting ruinous inflation with these massive tranches of spending, and that this might be a good time to wait and see just what the longer term impacts will be before we go on another budget bender.

 

Link to comment
Share on other sites

  • 4 weeks later...
  • 5 months later...
On 1/22/2021 at 1:02 PM, Tiberius said:

 

 

https://abc7.com/highest-gas-prices-in-the-country-gorda-ca-california-price-of/11149187/

 

Yah Joe is going big for sure by him putting a halt to domestic oil drilling and then stopping the potential of a pipeline that could bring in oil from a ally just to our north it's better to make the Americans he is to serve pay more out of their pockets to make it look as if we need electric cars talk about some BS !! 

 

The guy is a thief and a liar and he has his energy secretary lying for him either that or believing his BS which if she's that stupid then it's just par for the administration ...

On 5/11/2021 at 5:40 PM, BillStime said:

 

 

McDonnell is a POS he has no backbone & is no conservative him along with many others that say they are vote swamp rat policy as a true politician they say one thing and do another just like a good career politician would exactly the kind you love because he helps your cause .

Link to comment
Share on other sites

4 minutes ago, T master said:

 

 

https://abc7.com/highest-gas-prices-in-the-country-gorda-ca-california-price-of/11149187/

 

Yah Joe is going big for sure by him putting a halt to domestic oil drilling and then stopping the potential of a pipeline that could bring in oil from a ally just to our north it's better to make the Americans he is to serve pay more out of their pockets to make it look as if we need electric cars talk about some BS !! 

 

The guy is a thief and a liar and he has his energy secretary lying for him either that or believing his BS which if she's that stupid then it's just par for the administration ...

 

McDonnell is a POS he has no backbone & is no conservative him along with many others that say they are vote swamp rat policy as a true politician they say one thing and do another just like a good career politician would exactly the kind you love because he helps your cause .


And you love politicians like Trump because they help advance undemocratic morally bankrupt causes - right bro?

 

 

  • Haha (+1) 1
Link to comment
Share on other sites

6 minutes ago, BillStime said:


And you love politicians like Trump because they help advance undemocratic morally bankrupt causes - right bro?

 

 

 

Unlike you getting behind a thief that is ripping you and every other American off by CAUSING NOT FIXING higher prices of every product we use due to lying to us all . It can be fixed but this POS lies to you & you believe it while your paying more for every thing - i guess stupid is as stupid does .

 

He leads you over the edge of a cliff and you believe he taking you in the right direction and you believed all the lies the media had to say prior that helped him get in office and refuse to see what is right in front of your eyes which constitutes the highest form of ignorants .

 

As i've said in the past & what you prove by every answer of believing the lies from the media & when you stick to believing them by putting the blame on the previous administration when you stopping licking the windows on the short bus some day i you might be starting to wake up but i'm not sure anything short of electro shock therapy will make that happen .

 

 

  • Thank you (+1) 1
Link to comment
Share on other sites

  • 3 weeks later...
×
×
  • Create New...