Sleepy's plan to add more fuel to the fire.

Originally posted by: Kevin Lewis

Only an idiot would blame Biden for something that's global and he has virtually no control over.

 

That's going to be true no matter how many times you claim otherwise.


Only an idiot believe that Biden's policies aren't exasperating an already bad inflation situation.

Originally posted by: Boilerman

Only an idiot believe that Biden's policies aren't exasperating an already bad inflation situation.


So tell us what the Repug plan is, if any.

Tommie-poo doesn't realize that it was a PREDICTION, not a statement of fact.

 

At this point everyting is an estimate; the difference is the Wharton study is unbiased, while the democrat study is biased.

 

And neither he nor the idiot who wrote the article seem to be aware that reducing inflation wasn't the goal or purpose of the bill in the first place.

 

Here is the name of the bill; direct from the democrats

https://www.democrats.senate.gov/inflation-reduction-act-of-2022

 

President Biden on July 28 explained how the Inflation Reduction Act of 2022 works. Biden said. “It’s a compromise. But it’s often how progress is made: by compromises. And the fact is that my message to Congress is this: This is the strongest bill you can pass to lower inflation

 

 

Is 3rd grade kevin stupid or a liar or both? 

Nobody estimates a bill's financial impact better than Tom.    He's the one who presented us with the 80 TRILLION DOLLAR GREEN NEW DEAL.     That was his math.

 

Maybe 80 Trillion dollar Tom can explain how cutting government drug prices somehow increases government spending....or adds to the deficit.   

 

Likewise how making corporations who currently pay 0% Federal income tax pay 15% somehow increases government spending or adds to the deficit.     

 

Likewise how auditing more flagged tax returns (like the ones belonging to our sleazy ex president) will add to the deficit.

 

I giuess those are the 80 trillion dollar questions.

 

 


Don't keep passing massive spending packages that will continue or increase our inflation further.  It's not rocket science...............don't throw more fuel on the fire.  Hell, a bunch of us talked about this a year ago or longer.

Edited on Jul 31, 2022 8:31am
Originally posted by: PJ Stroh

Nobody estimates a bill's financial impact better than Tom.    He's the one who presented us with the 80 TRILLION DOLLAR GREEN NEW DEAL.     That was his math.

 

Maybe 80 Trillion dollar Tom can explain how cutting government drug prices somehow increases government spending....or adds to the deficit.   

 

Likewise how making corporations who currently pay 0% Federal income tax pay 15% somehow increases government spending or adds to the deficit.     

 

Likewise how auditing more flagged tax returns (like the ones belonging to our sleazy ex president) will add to the deficit.

 

I giuess those are the 80 trillion dollar questions.

 

 


Yep, those things are certainly the meat of the bill.

Originally posted by: Boilerman

Yep, those things are certainly the meat of the bill.


I know, right?   Notice how they dont need to use "dynamic scoring" to measure the pay-fors of their legislation.

 

That was a phrase made up by Paul Ryan which basically says real math doesnt add up in our legislation....so we invented a new kind of math where it does.

 

Just like every Democrat since Bill CLinton, Joe BIden will leave office with a smaller deficit than when he came in.   And Someday another Repuiblican will get elected who will follow every Republican since Gerald Ford who will do the oppossitte.

Originally posted by: tom

Tommie-poo doesn't realize that it was a PREDICTION, not a statement of fact.

 

At this point everyting is an estimate; the difference is the Wharton study is unbiased, while the democrat study is biased.

 

And neither he nor the idiot who wrote the article seem to be aware that reducing inflation wasn't the goal or purpose of the bill in the first place.

 

Here is the name of the bill; direct from the democrats

https://www.democrats.senate.gov/inflation-reduction-act-of-2022

 

President Biden on July 28 explained how the Inflation Reduction Act of 2022 works. Biden said. “It’s a compromise. But it’s often how progress is made: by compromises. And the fact is that my message to Congress is this: This is the strongest bill you can pass to lower inflation

 

 

Is 3rd grade kevin stupid or a liar or both? 


Reducing prescription drug prices and funding the IRS's ability to collect taxes is "inflationary."

 

Riiiight. Stupid Tommie-poo.

Originally posted by: Boilerman

Don't keep passing massive spending packages that will continue or increase our inflation further.  It's not rocket science...............don't throw more fuel on the fire.  Hell, a bunch of us talked about this a year ago or longer.


The bill you're bitching about will dramatically increase government revenue.

The. $124b number for IRS enforcement is a made up number with no basis in fact.  

The increased revenue does not take effect for several years, while the spending is now, so it increases the deficit. 

The supposed drug negotiations will take a few years to take effect, so no effect on inflation. 

One can buy a Medicare Advantage drug program now for another $46 that saves people money. 

 

Another blah blah source

 

The Federal Reserve Bank of Minneapolis CEO and President Neel Kashkari said Sunday that the current state of inflation is "very concerning" and "spreading out more broadly across the economy." "It’s very concerning. We keep getting inflation readings, new data that comes in as recently as this past week, and we keep getting surprised. It’s higher than we expect," Kashkari said during an appearance on CBS’ "Face The Nation." "And it’s not just a few categories. It’s spreading out more broadly across the economy

 

Kashkari argued that the new bill introduced by Sens. Chuck Schumer, D-N.Y., and Joe Manchin, D-W. Va., dubbed the Inflation Reduction Act is "not going to have much of an impact on inflation" over the next several years,

 

 

Edited on Jul 31, 2022 11:42am
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