The point was whether it was constitutional. It looks like the Supreme Court blocked biden from using the HEROES Act. So he’s trying another way.
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Bidenomics, baby!
- Thread starter Frederick Foresight
- Start date
The point was whether it was constitutional. It looks like the Supreme Court blocked biden from using the HEROES Act. So he’s trying another way.
You live under a rock apparently or you think that you will not be affected by Bidenomics. Won't spoil it for you. Maybe, you got a good job and feel it does not affect you, wait till one of the 87,000 IRS auditors the Democrats hired to go after you. They will because there are not enough revenues to fund all the freebies being doled out to the lazy slugs. Inflation is sky high and if you just look at the prices of groceries, rent, everything practically, is very expensive now. How are people supposed to survive?
Totally agree that 87,000 IRS agents is insane.
The median income has increased more than inflation though, hasn't it? And no doubt inflation has come down (aka prices are rising slower now, but not outright coming down of course).
Totally agree that 87,000 IRS agents is insane.
The median income has increased more than inflation though, hasn't it? And no doubt inflation has come down (aka prices are rising slower now, but not outright coming down of course).
What are you talking about? The $15 minimum for fast food workers? Ask any average joes if they got any salary increases? Inflation continues to go up. Grocery prices keep rising every single week. I know because I go to the grocery store every week. How much do you earn monthly? $10,000? Maybe, a 6 figure income so, you do not care about high prices for practically anything. Most Americans even those die hard Democrat voters were interviewed on TV and said they would not be voting for Joe Biden again. The complaint is the economy.
Fair enough, but even if not unconstitutional, it's a net negative for the country.back to the point. It’s not a constitutional issue. It’s a policy one.
Totally agree that 87,000 IRS agents is insane.
The median income has increased more than inflation though, hasn't it? And no doubt inflation has come down (aka prices are rising slower now, but not outright coming down of course).
I have a 250k refund that’s 4 years overdue. The IRS is so understaffed they still haven’t processed my 2019 taxes. I’ve spent like 10k in accounting fees for the accountants to follow up with the IRS.
Good that you're reading the details, which even I didn't do. But even if there is a legal loophole, it's still a horrible policy in my opinion.The point was whether it was constitutional. It looks like the Supreme Court blocked biden from using the HEROES Act. So he’s trying another way.
Fair enough, but even if not unconstitutional, it's a net negative for the country.
I’m torn on this issue. America is the land of opportunity and immigrants tend to be hard working people. You probably have no idea, the risk someone takes to come here. That’s the kind of person that made and makes America great. But there also has to be a rule of law.
Good that you're reading the details, which even I didn't do. But even if there is a legal loophole, it's still a horrible policy in my opinion.
it was a five min google search.
I don’t disagree with you on this one.
What are you talking about? The $15 minimum for fast food workers? Ask any average joes if they got any salary increases? Inflation continues to go up. Grocery prices keep rising every single week. I know because I go to the grocery store every week. How much do you earn monthly? $10,000? Maybe, a 6 figure income so, you do not care about high prices for practically anything. Most Americans even those die hard Democrat voters were interviewed on TV and said they would not be voting for Joe Biden again. The complaint is the economy.
Inflation certainly is not going up come on. Prices are going up, but at a slower rate. Prices will always go up in absolute terms, but the increase is slower (aka inflation is coming down). The data is 100% clear on this.
I am just talking about hard data not Joe Shmo down the street not getting a raise (anacdotal evidence). Of course, some people's wage growth will always not keep up with inflations (while some's will crush it). That is natural.
Here is the data. Wages grew faster than inflation in 2020, it was the opposite in 2021/2022, and now wages are growing faster again.
https://www.statista.com/statistics... inflation exceeded,wages grew by 5.2 percent.
Inflation certainly is not going up come on. Prices are going up, but at a slower rate. Prices will always go up in absolute terms, but the increase is slower (aka inflation is coming down). The data is 100% clear on this.
I am just talking about hard data not Joe Shmo down the street not getting a raise (anacdotal evidence). Of course, some people's wage growth will always not keep up with inflations (while some's will crush it). That is natural.
Here is the data. Wages grew faster than inflation in 2020, it was the opposite in 2021/2022, and now wages are growing faster again.
https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/#:~:text=U.S. inflation rate versus wage growth 2020-2023&text=The rate of inflation exceeded,wages grew by 5.2 percent.
When prices go up, that is inflation. Any of these bogus inflation means squat when grocery prices are going up every single week. And it is not a small amount either. I am done.