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TedG

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Everything posted by TedG

  1. Russia has lost the war in Ukraine. Deal with it.
  2. You should understand Joe Biden's inflationary policies.
  3. Joeflation increased the cost of servicing the national debt and increased social security payouts. Which all adds to the deficit.
  4. US inflation means families are spending $709 more per month than two years ago https://www.cnn.com/2023/08/11/economy/inflation-rate-spending/index.html
  5. Joe Biden is more responsible for high inflation than for abundant jobs The main effect of the president’s economic policies has been to boost prices Mr Biden’s stimulus did, however, put a rocket under inflation. In April “core” consumer prices, which exclude energy and food, were 13.4% higher than when he came to office. They have risen more than in other g7 countries, and their acceleration coincided with the introduction of Mr Biden’s stimulus. Research suggests that, even by September 2022, the largesse was pushing up core inflation by about four percentage points. https://www.economist.com/leaders/2023/05/11/joe-biden-is-more-responsible-for-high-inflation-than-for-abundant-jobs
  6. How hard is it to understand the concept of the artificial poverty line? The 2024 federal poverty guidelines in the United States are established by the Department of Health and Human Services (HHS) and vary based on the size of the household. For the 48 contiguous states and the District of Columbia, the poverty guidelines are as follows: - 1 person: $14,580 - 2 people: $19,720 - 3 people: $24,860 - 4 people: $30,000 - 5 people: $35,140 - 6 people: $40,280 - 7 people: $45,420 - 8 people: $50,560
  7. These nations choose to join NATI. based on Putin’s actions. Its magical thinking to claim a tax credit that moved someone over an artificial income line saved a kid from poverty.
  8. So far, in 2024, 124,517 employees were laid off from the tech sector. Bidenomics
  9. 1) How much revenue will your "billionaires" talking point deliver? Using IRS data, which you can find on IRS.gov. The total taxable income of over 10 million dollars is 1.4 trillion. The term "billionaires" measures net worth, not income. 2) As I said before, the US is currently spending 23% of the GDP, which is unsustainable. The highest income the US has collected since WW2 has not exceeded 20% of the GDP, no matter the tax rate. 3) What about high-speed rail? 4) The US is a large country. 5) This is a dumb take. The National debt has exceeded 35 trillion. 6) The left-wing summer of love caused billions in damage and many deaths.
  10. That's an excuse for the lazy.
  11. What does your first sentence have to do with my reply? We can’t afford the government we have. The current deficit is 1.7 trillion. If you take all the money from people earning over 10 million per year you will 1.4 trillion. There needs to be changes to SS and Medicare. SS has run deficits since 2010. These are huge drivers of the deficit. US is spending at 23% of the GDP. If you look at historical revenue collections, you will note it never has been over 20% of the GDP.
  12. That’s not a good way to do it. Comparing as a percentage of the GDP normalizes the data by year. For example federal spending in 1970 was 195 billion, or 19.3% of the GDP. As compared to federal spending in 2023 with was 6.7 trillion or 23% of the GDP
  13. 1) He did not revitalize NATO. FFS 2) How much have drug prices dropped for seniors? 3) He saved Kids from poverty? Do tell. 4) What exactly did Biden do about inflation? In fact his polices are inflationary.
  14. The GDP angle is use to compare spending from year to year. You should know this.
  15. The “educated” left built a government that we can’t afford and want to spend even more money. Then in the USA we had the 2020 summer of love which caused billions in damage and many deaths. You people seem to forget about that stuff.
  16. Bingo. High blood pressure is of the result of a bad diet and being fat smoking, etc. Taking drugs is the easy button.
  17. I’d like to see HSR on the I95 corridor.
  18. Harris doesn't have any policy positions. She changes her views daily.
  19. Since Biden became POUTS prices have increased by 20.7%. Which had bitten the middle class.
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