T master Posted August 18, 2022 Share Posted August 18, 2022 I'm not really sure who keeps coming up with all the brilliant ideas of how to get this record inflation under control by spending more money & adding trillions of dollars to the deficit but it just doesn't make sound economic sense to me or does it ? I'm no economics major but given the amount owed by the US gov't to the fed & how the interest is compounded by the minute (how much interest per day is added to $30 trillion + per day) I just can't even wrap my head around how any one (of sound mind) even the most stupid when it comes to inflation how this would be a good idea . I will admit there are a lot smarter people in this world than I when it comes to this kind of thing but i just in no way can understand what or how this (or any) administration thinks that by adding multiple trillions of dollars to what they already have spent in the short time they have been in office just how this will or can help in any way . I know in California they had the absolutely brilliant economic plan of giving each person that owns a car some $1400 to off set the price of gas then added a 3 cent tax to the already $6 + per gallon cost of gas please tell me how that one works ! Yet it seems to me that Biden took that strategy & doubled down on it . Who knows maybe spending the extra money that it will cost to employ the new 87,000 IRS agents will help when they audit all of the little people in the US to get more money flowing back into the gov't they sure won't be going after the million/billionaires with their army of lawyers so i'm thinking us little guys will be paying even more . So is it add trillions to save hundreds ? Please one of you folks out there that are a Bidenite tell me what your illustrious leader is thinking when he believes this will or can help inflation in any way shape or form i'm no scholar but this baffles me to no end & i don't see this helping in any way . Inflation Reduction Act is kind of the same oxy moron as the Affordable Health Care Act ... 🤔 1 1 Link to comment Share on other sites More sharing options...
TSOL Posted August 18, 2022 Share Posted August 18, 2022 Don't worry about it, just get to work. 1 Link to comment Share on other sites More sharing options...
Tiberius Posted August 18, 2022 Share Posted August 18, 2022 we win you lose 1 1 Link to comment Share on other sites More sharing options...
Over 29 years of fanhood Posted August 18, 2022 Share Posted August 18, 2022 It’s branding…. Every analysis published has concluded zero benefit to inflation. it’s just a bunch of special interest tax money funneled to lobbyists and wealthy elites on the backs of those that either saw through the sham or gleefully bought the rhetoric hook line and sinker. it will all be reversed in a few years when the pendulum swings back the other way 1 2 Link to comment Share on other sites More sharing options...
B-Man Posted August 18, 2022 Share Posted August 18, 2022 This is how............. . 2 1 Link to comment Share on other sites More sharing options...
Steve O Posted August 18, 2022 Share Posted August 18, 2022 So one of the big things in the inflation reduction act is increasing the size of the IRS to try to reclaim missed taxes. Wouldn't it make more sense to implement a consumption tax and decrease the size of the IRS? Avoid all those federal salaries and health care policies. This would tax those that have income from alternative means, no loopholes for the rich. Japan has had a consumption tax for over 30 years, a lot of growing pains could be avoided studying that history. 1 1 1 Link to comment Share on other sites More sharing options...
Demongyz Posted August 18, 2022 Share Posted August 18, 2022 1 hour ago, Tiberius said: we win you lose We all lose. 3 1 Link to comment Share on other sites More sharing options...
unbillievable Posted August 18, 2022 Share Posted August 18, 2022 Don't say recession bill Link to comment Share on other sites More sharing options...
aristocrat Posted August 18, 2022 Share Posted August 18, 2022 Just like the Patriot Act ***** all of us. This does the same thing. 1 1 Link to comment Share on other sites More sharing options...
Wacka Posted August 18, 2022 Share Posted August 18, 2022 1. Steal underpants 2.???????? 3. Inflation Reduction! Link to comment Share on other sites More sharing options...
Doc Posted August 18, 2022 Share Posted August 18, 2022 How does it work? Lie about what it does by giving it a lying name and hope people are as dumb as Dems and believe it. 2 Link to comment Share on other sites More sharing options...
ArdmoreRyno Posted August 18, 2022 Share Posted August 18, 2022 They need to introduce a bill called "Everyone gets a Pony Act" and in the bill.... we will spend $5 trillion on putting more sand on the beaches. Putting a BOGUS name on the title of a bill is hilarious. 1 1 Link to comment Share on other sites More sharing options...
nedboy7 Posted August 18, 2022 Share Posted August 18, 2022 1 hour ago, aristocrat said: Just like the Patriot Act ***** all of us. This does the same thing. Frank James Sensenbrenner Jr. Link to comment Share on other sites More sharing options...
Doc Posted August 18, 2022 Share Posted August 18, 2022 What, was "We've cured cancer!" taken as a name? 1 Link to comment Share on other sites More sharing options...
ArdmoreRyno Posted August 18, 2022 Share Posted August 18, 2022 3 minutes ago, Doc said: What, was "We've cured cancer!" taken as a name? "If you don't vote for this bill, you're a racist" bill? Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted August 18, 2022 Share Posted August 18, 2022 27 minutes ago, ArdmoreRyno said: "If you don't vote for this bill, you're a racist" bill? Sponsored by Senator Richard Puller. Link to comment Share on other sites More sharing options...
Albwan Posted August 18, 2022 Share Posted August 18, 2022 Where's Billzzz 'Captain America Hater' time to explain how it works. Link to comment Share on other sites More sharing options...
snafu Posted August 18, 2022 Share Posted August 18, 2022 7 hours ago, Steve O said: So one of the big things in the inflation reduction act is increasing the size of the IRS to try to reclaim missed taxes. Wouldn't it make more sense to implement a consumption tax and decrease the size of the IRS? Avoid all those federal salaries and health care policies. This would tax those that have income from alternative means, no loopholes for the rich. Japan has had a consumption tax for over 30 years, a lot of growing pains could be avoided studying that history. They should have hired 87,000 auditors to look at where our tax dollars are actually spent. 1 2 1 Link to comment Share on other sites More sharing options...
Over 29 years of fanhood Posted August 19, 2022 Share Posted August 19, 2022 3 hours ago, snafu said: They should have hired 87,000 auditors to look at where our tax dollars are actually spent. Fantastic idea 1 Link to comment Share on other sites More sharing options...
T master Posted August 19, 2022 Author Share Posted August 19, 2022 22 hours ago, Tiberius said: we win you lose With a stroke of a pen We all lose your just to ignorant to see it ... Link to comment Share on other sites More sharing options...
Steve O Posted August 19, 2022 Share Posted August 19, 2022 15 hours ago, snafu said: They should have hired 87,000 auditors to look at where our tax dollars are actually spent. Are you suggesting that there are better uses for tax dollars than making line dancing, Star Trek, and Gilligan's Island parity videos? Don't you know how important team building is? 1 Link to comment Share on other sites More sharing options...
Tiberius Posted August 27, 2022 Share Posted August 27, 2022 https://www.newsweek.com/nuclear-fusion-energy-politics-biden-trump-1736423 Pretty cool. Biden is putting a ton of money into Fusion Nuclear energy hoping it can be a breakthrough Link to comment Share on other sites More sharing options...
TSOL Posted August 27, 2022 Share Posted August 27, 2022 1 hour ago, Tiberius said: https://www.newsweek.com/nuclear-fusion-energy-politics-biden-trump-1736423 Pretty cool. Biden is putting a ton of money into Fusion Nuclear energy hoping it can be a breakthrough Ahhh, Joe Biden Poster boy for the DNC shadow agenda... Fun times. You want a fusion reactor in your town? Let's build it close to where you live. Ok? Link to comment Share on other sites More sharing options...
Tiberius Posted August 27, 2022 Share Posted August 27, 2022 50 minutes ago, TSOL said: Ahhh, Joe Biden Poster boy for the DNC shadow agenda... Fun times. You want a fusion reactor in your town? Let's build it close to where you live. Ok? You seem totally bent out of shape by Biden, lol. Do you think the GOP will change and shed its fascist bent to try and attract more moderate voters? As it is, the demographic trend will more and more marginalize the GOP Link to comment Share on other sites More sharing options...
TSOL Posted August 27, 2022 Share Posted August 27, 2022 22 minutes ago, Tiberius said: You seem totally bent out of shape by Biden, lol. Do you think the GOP will change and shed its fascist bent to try and attract more moderate voters? As it is, the demographic trend will more and more marginalize the GOP I take care of my own damn self. I don't need the government in my shlt I'm very sick of seeing the handouts. Link to comment Share on other sites More sharing options...
Doc Posted August 27, 2022 Share Posted August 27, 2022 7 hours ago, Tiberius said: https://www.newsweek.com/nuclear-fusion-energy-politics-biden-trump-1736423 Pretty cool. Biden is putting a ton of money into Fusion Nuclear energy hoping it can be a breakthrough Fusolyndra... Link to comment Share on other sites More sharing options...
Precision Posted August 27, 2022 Share Posted August 27, 2022 (edited) It will be like the good old days when it took 4 million deutschmarks to buy a loaf of bread. The good news is we won't need wheelbarrows as we'll be able to pay with our deutschmark card, I mean debit card. A Single Bread Costs 4.6 million During Germany's Hyperinflation in 1923 https://historydaily.org/germany-hyperinflation 44 minutes ago, Doc said: Fusolyndra... Visit the facility at U of R. It's a great tour, they've been really close.... for nearly 50 years now. Edited August 27, 2022 by Precision Link to comment Share on other sites More sharing options...
BillStime Posted October 7, 2022 Share Posted October 7, 2022 Inflation Reduction Act Tell Me How This Works PLEASE !! I guess it’s working, eh? LMAO Link to comment Share on other sites More sharing options...
SoCal Deek Posted October 7, 2022 Share Posted October 7, 2022 6 minutes ago, BillStime said: Inflation Reduction Act Tell Me How This Works PLEASE !! I guess it’s working, eh? LMAO That’s yet another patently ridiculous point. Once the Bill has passed it would be a dereliction of duty for congressional members not to lobby to allocate that some of those funds be spent in their home district or state….no matter which Party does it. 1 Link to comment Share on other sites More sharing options...
BillStime Posted October 7, 2022 Share Posted October 7, 2022 15 minutes ago, SoCal Deek said: That’s yet another patently ridiculous point. Once the Bill has passed it would be a dereliction of duty for congressional members not to lobby to allocate that some of those funds be spent in their home district or state….no matter which Party does it. Nah, its just hypocrisy from the cult. Link to comment Share on other sites More sharing options...
B-Man Posted October 7, 2022 Share Posted October 7, 2022 Once again B.S. shows his lack of. . . . . . . . . . . well, everything Hey, I wonder if Democrats who oppose tax cuts take them? 😆 . 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted October 7, 2022 Share Posted October 7, 2022 38 minutes ago, BillStime said: Nah, its just hypocrisy from the cult. Nope…it’s actually just how Washington works. Are you ever going to drop the DNC Party talking points and figure out that you’re being played. We all are…so join the club! Link to comment Share on other sites More sharing options...
Doc Posted October 7, 2022 Share Posted October 7, 2022 1 hour ago, B-Man said: Once again B.S. shows his lack of. . . . . . . . . . . well, everything Hey, I wonder if Democrats who oppose tax cuts take them? 😆 Another dumb point blowed-up. 1 1 Link to comment Share on other sites More sharing options...
BillStime Posted October 7, 2022 Share Posted October 7, 2022 🎯 Link to comment Share on other sites More sharing options...
Doc Posted November 8, 2022 Share Posted November 8, 2022 Wait, what’s inflation? Never heard that word before… 1 1 Link to comment Share on other sites More sharing options...
Wacka Posted November 8, 2022 Share Posted November 8, 2022 Phase 1- Collect Underpants Phase 2- ? Phase 3- Inflation Reduction Link to comment Share on other sites More sharing options...
B-Man Posted April 4, 2023 Share Posted April 4, 2023 Janet Yellen admits Inflation Reduction Act, ‘at its core,’ isn’t about reducing inflation at all This past Sunday on “Meet the Press,” Democratic Sen. Joe Manchin noted that Joe Biden’s Inflation Reduction Act has turned out to be very different from what he was sold on. Literally no one should be shocked that the Biden administration lied about this, least of all Joe Manchin, who may suck but knew exactly what he was getting when he voted for it last year. So we’d better not see Manchin on our screens next Sunday feigning shock at these remarks from Treasury Secretary Janet Yellen: “The Inflation Reduction Act is, at its core, about turning the climate crisis into an economic opportunity.” Well, duh. That’s all it was ever about. It was never about actually reducing inflation or easing the worsening financial strain on the American people as a result of the federal government’s recklessness with our money. It was about implementing a green agenda that would financially benefit members of the Biden administration like Energy Secretary Jennifer Granholm and make the public increasingly dependent on and beholden to the federal government. https://twitchy.com/sarahd-313035/2023/04/04/janet-yellen-admits-inflation-reduction-act-at-its-core-isnt-about-reducing-inflation-at-all/ . 1 Link to comment Share on other sites More sharing options...
B-Man Posted August 17, 2023 Share Posted August 17, 2023 On 8/18/2022 at 10:48 AM, Tiberius said: we win you lose UNEXPECTEDLY! One Year Later, President Biden’s ‘Inflation Reduction Act’ Is a Total Flop. One year ago today, President Biden signed the so-called “Inflation Reduction Act” into law. Today, the president will take the stage and attempt to take a victory lap over this legislative “victory.” But an honest accounting reveals that the misleadingly-named Inflation Reduction Act has woefully failed at its namesake goal: reducing inflation. The legislation mostly consisted of green energy subsidies, healthcare subsidies, tax increases, and more funding for the Internal Revenue Service. Yet the President sold it to the public as a way to bring down the crushing inflation that continues to bankrupt the American people. (The typical U.S. family spent $709 more on monthly expenses last month, July 2023, than it did in July two years ago.) The president promised during the debate over the legislation that the Inflation Reduction Act was “the strongest bill you can pass to lower inflation, reduce costs, and tackle our climate crisis.” But, while the inflation rate has dropped significantly, many economists from across the political spectrum agree that the IRA has had essentially no impact on that decline, which is almost entirely due to other factors, including the expiration of COVID stimulus spending and the Federal Reserve’s changes in monetary policy. Why, it’s as if: https://www.newsweek.com/one-year-later-president-bidens-inflation-reduction-act-total-flop-opinion-1820309 Link to comment Share on other sites More sharing options...
BillsFanNC Posted August 17, 2023 Share Posted August 17, 2023 Link to comment Share on other sites More sharing options...
Tiberius Posted August 17, 2023 Share Posted August 17, 2023 7 hours ago, B-Man said: UNEXPECTEDLY! One Year Later, President Biden’s ‘Inflation Reduction Act’ Is a Total Flop. One year ago today, President Biden signed the so-called “Inflation Reduction Act” into law. Today, the president will take the stage and attempt to take a victory lap over this legislative “victory.” But an honest accounting reveals that the misleadingly-named Inflation Reduction Act has woefully failed at its namesake goal: reducing inflation. The legislation mostly consisted of green energy subsidies, healthcare subsidies, tax increases, and more funding for the Internal Revenue Service. Yet the President sold it to the public as a way to bring down the crushing inflation that continues to bankrupt the American people. (The typical U.S. family spent $709 more on monthly expenses last month, July 2023, than it did in July two years ago.) The president promised during the debate over the legislation that the Inflation Reduction Act was “the strongest bill you can pass to lower inflation, reduce costs, and tackle our climate crisis.” But, while the inflation rate has dropped significantly, many economists from across the political spectrum agree that the IRA has had essentially no impact on that decline, which is almost entirely due to other factors, including the expiration of COVID stimulus spending and the Federal Reserve’s changes in monetary policy. Why, it’s as if: https://www.newsweek.com/one-year-later-president-bidens-inflation-reduction-act-total-flop-opinion-1820309 Inflation is down boy. Link to comment Share on other sites More sharing options...
Recommended Posts