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[QUOTE=Spidy;2743613]
Or for that matter, your political "dogma that lies with men with pointy hats and tiki-torches",[/QUOTE]Ok, name one. If its true, I will take it. If not, then your clearly just name calling.
Name calling is the last resort for those that are unable to make their point. I am not surprised when you sit in the neo-lib corner bcos it must be very confusing to be there with all that cognitive dissonance.
Stumped for a single positive accomplishment to campaign on, many Repubs have decided the Trumpian tactic of simply claiming something that ain't true is all they've got:
[B]Biden calls out Republicans who took credit for infrastructure legislation they opposed[/B]
[URL]https://www.cnn.com/2022/09/09/politics/biden-republicans-infrastructure-law/index.html[/URL]
[QUOTE]President Joe Biden on Thursday criticized Republican lawmakers who voted against the bipartisan infrastructure bill last year but have taken credit for projects made possible by the $1.2 trillion law.
"We got a little help from Republicans -- but not a lot -- but enough to get it passed. But the truth is, there are a lot more Republicans taking credit for that bill than who actually voted for it,"
....
Biden did not name any Republican lawmakers in his speech, but a recent review by CNN's "The Lead with Jake Tapper" found at least 14 congressional Republicans who voted against the bill have tried to take credit for projects made possible by it.[/QUOTE]
My god. What was the former guy doing around this time in his so-called presidency? Oh, that's right. He was busy taking weekly excursions to his failing golf resorts to the tune of millions of dollars at tax payers' expense, defunding the CDC and pulling all the critical Pandemic Prevention and Response teams out of those labs in China, contrary to all expert dire warnings not to do something so dangerous and stupid.
Now he's the most iconic and beloved Repub Party leader ever, the most sought-after endorsement by Repubs in the midterms and far and away the front-runner for the Repub Party nomination for potus in 2024. Sad.
[B]Biden Signs Chips Bill, Unleashing Funding for US Production.[/B]
[URL]https://www.bloomberg.com/news/articles/2022-08-09/biden-set-to-sign-chips-bill-as-us-makers-unveil-new-investments[/URL]
[QUOTE]Legislation is one in a series of wins for Biden, Democrats.
Companies to face restrictions on expanding in China.[/QUOTE][B]Congress Passes Investments in Domestic Semiconductor Manufacturing, Research & Design[/B]
[URL]https://www.semiconductors.org/chips/[/URL]
[QUOTE]In July 2022, Congress passed the CHIPS Act of 2022 to strengthen domestic semiconductor manufacturing, design and research, fortify the economy and national security, and reinforce Americas chip supply chains.
The share of modern semiconductor manufacturing capacity located in the U.S. has eroded from 37% in 1990 to 12% today, mostly because other countries governments have invested ambitiously in chip manufacturing incentives and the U.S. government has not. Meanwhile, federal investments in chip research have held flat as a share of GDP, while other countries have significantly ramped up research investments.
To address these challenges, Congress passed the CHIPS Act of 2022, which includes semiconductor manufacturing grants, research investments, and an investment tax credit for chip manufacturing. SIA also supports enactment of an investment tax credit for semiconductor design.
By passing the CHIPS Act, Congress has risen to a defining challenge of our time, seized an historic opportunity to fortify American semiconductor manufacturing, design, and research, and delivered a big win for our country. [/QUOTE]
[QUOTE=JustTK;2743436] ...[b]Saying that you have smthg in common with insects[/b] bcos you can only see binary [b]is not name calling[/b]...[/QUOTE][B]To use your own words[/B], how is that name calling, if I say your so called "bothsidersism" and QAnon/Repub dogma, has something in common with what "lies with dog and fleas" [i]of the political variety?[/i]
BTW, I made my point, but it's perfectly okay, if you or anyone else don't agree with it. Like I said, don't loose any sleep over it.
[QUOTE=EihTooms;2743646][b]A Gentle Reminder. [/b] The Inflation Reduction Act is not a legislative plan to tackle and tame the economic reality of "inflation. " That is what the Fed is currently trying to do to tackle Trump's Pandemic Supply Chain Destruction Inflation during Biden's historic economic recovery from it by raising interest rates and artificially inducing a mild recession, at most, in order to cool down Biden's roaring economy that is producing more higher paying jobs than there are current applicants to take them. ...
Some of the best and most effective legislation of all time passed with either very few or zero Repub votes. And, of course, some of the worst passed with few or zero Dem votes.[/QUOTE]Very thoughtfully presented and well said.
Bravo!
[QUOTE=Spidy;2743791]
BTW, I made my point, but it's perfectly okay, if you or anyone else don't agree with it. Like I said, don't loose any sleep over it.[/QUOTE]You haven't made any points. Therefore your just name calling. Go back to your neo-lib corner and thinki it over.
[QUOTE=EihTooms;2743646]The Inflation Reduction Act is not a legislative plan to tackle and tame the economic reality of "inflation. " That is what the Fed is currently trying to do to tackle Trump's Pandemic Supply Chain Destruction Inflation during Biden's historic economic recovery from it by raising interest rates and artificially inducing a mild recession, at most, in order to cool down Biden's roaring economy that is producing more higher paying jobs than there are current applicants to take them.
After all, nobody should want to reduce all forms of inflation. Some inflation in the economy is normal and healthy. I mean, how flat and dreary of an economy would we have had to endure for the past 172 years if houses were still selling for $50 or whatever they were in 1850?
No, a portion of that terrific legislation is designed to surgically target certain critical areas of necessity for most or all of us eventually whose prices have skyrocketed out of all affordability and beyond the ordinary rate of inflation. For example, for the first time Medicare can negotiate for lower drug prices, price caps on certain widely required drugs and so on.
[/QUOTE]You really are lost, trapped, in the propaganda circles that you feed off. Your a broken record, never stop repeating the same chorus line. But at least now you added a new verse. This one is a ridiculous claim that some inflation is healthy bcos. What. Bcos static prices would be boring? Haha.
You dismay at the Republican voters and no doubt despair at their lack of ratioonale. Yet you are equally as lost. It truly is disturbing to see what propganda can do with the cicitzens of a such a powerful nation.
[QUOTE=PVMonger;2743687]Evidently you don't remember the fiasco in Texas a couple of winters ago (when Buttface Cruz slunk off to Mexico) where people were getting surprise electric bills of $10,000+ because the Texas grid was as badly mismanaged as Texas politics.[/QUOTE]I remember and I hope you remember that the solar and windmills were a major factor in the fiasco. It never happened before when everything was gas or coal fired because gas and coal don't freeze up.
[QUOTE=Tiny12;2743491]Au contraire. They're in business to make money, and they do that by appealing to left-of-center voters, who watch their commercials. So why would they slam the Biden administration?
Besides, Trump is so much more entertaining. I find myself watching a lot more MSNBC and CNN these days than Fox, for that reason, their coverage of Trump.[/QUOTE]They definitely need more viewers as Fox News has more than them combined. Their ratings are in the toilet but CNN make actually improve as they say they are changing from wacko far left socialists to bipartisan.
[QUOTE=JustTK;2743753]Irrelevant to what?
I asked you a question. You can refuse to answer it if you like, but this is sposed to be an opinion board. You shared your opinion, and I asked you a question on it. Why share your opinion if you are not going to support it?
You say you would give 'genuine choice to rape victims'. You singling out rape victims prompted me to question why the rights of a foetus would be different if it were created from a rape or not.[/QUOTE]According to virtually all Repubs, a foetus has rights but a mother doesn't. A woman carrying a foetus from a rape does not, according to many of the laws created in red stated, have the option of aborting that foetus. If she can't afford to feed it after it is born, or provide it with proper medical care, or provide it with safe housing, that's her problem. The "pro-life" crowd is pro-life from the moment of conception until the moment of birth. They don't give a shit what happens after that.
In fact, most of these id10 ts believe that conception starts during the romantic dinner the night before.
[QUOTE=ScatManDoo=2743538]From my point of view. Your question was irrelevant.
[QUOTE=JustTK;2743753]Irrelevant to what? [/QUOTE][/QUOTE]Asked and answered: I believe he said, "from his point of view" your question was irrelevant to him.
[QUOTE=ScatManDoo=2743538]From my point of view. Your question was irrelevant.
[QUOTE=JustTK;2743753] ... I asked you a question. [b]You can refuse to answer it if you like[/b], but this is sposed to be an opinion board ... [/QUOTE][/QUOTE]Again, asked and answered: he didn't answer your initial question, because [B]it was irrelevant to him[/B]. You asked him why and he answered.
[b]No need to badger[/b] anybody here, when our questions go unanswered, or when we don't get the answers we want to hear.
We all know it's an opinion board and not everyone's questions are answered, when we ask them. God knows, tons of my questions go unanswered, deflected or 'straw-manned'.
Perhaps instead, you could [U]"do the work"[/U] and [B]provide proof/support as to why your question isn't irrelevant.[/B] It's pretty easy to poke fun and ask questions all day.
P.S.: ScatManDoo, I am speaking for myself, my apologies if I've overstepped.
[QUOTE=JustTK;2743816] You haven't made any points. Therefore your just name calling. Go back to your neo-lib corner and thinki it over.[/QUOTE]Because you're blind to with my POVs or don't agree with them, isn't really my problem. Most times I welcome the debate, but most definitely not the name calling.
I will always do my best to provide counterpoints and stand up for things I believe in, as opposed to someone that [B]"stands for nothing and falls for everything".[/B]
Mask your naming calling, just like your "bothsidesism", all you want. I [B]see it[/B] for what it is.
[QUOTE=PVMonger;2743687]Evidently you don't remember the fiasco in Texas a couple of winters ago (when Buttface Cruz slunk off to Mexico) where people were getting surprise electric bills of $10,000+ because the Texas grid was as badly mismanaged as Texas politics.[/QUOTE]Fair enough. You had both people and utilities with bills they couldn't pay, for electricity and natural gas respectively. In situations like that, I don't know what the solution is. It's above my paygrade.
I do know what caused the problem though. This is something I posted on another hooker board contemporaneously. It was later backed up by reporting in the Wall Street Journal. You can blame the situation on the bureaucrats and directors at ERCOT, which is like the air traffic control system for the electric grid in Texas. During the early stages of the freeze, they gave priority to residences and the like over oil and gas wells and gas plants. And that was a very bad decision:
This is from a buddy in Houston who's high up with a gas pipeline company. Oncor (power company) and ERCOT (outfit that controls the electric grid in Texas) in their infinite wisdom decided that compressors on gas pipelines and compressors at the inlets to gas plants were not essential, so blacked them out. They also shut off electricity to wells in the Permian Basin. The effect of all this was to shut off production wells and salt water disposal wells.
So basically a lot of the gas production infrastructure went off line. And it's not so easy to get things going again as when the wells and the compressors and the gas plants stop operating, things freeze up.
So anyway as a result the gas fired power plants were deprived of fuel, so they had to shut down. And just like the gas plants and the compressors and the wells, getting them going again in freezing conditions can be problematic.
In summary, according to my friend, shutting off the power to the oilfield and gas plants generated a chain reaction that resulted in the gas fired power plants going down. He said he and colleagues begged Oncor and ERCOT not to shut off the electricity, because they knew what was going to happen. Undoubtedly people working for other midstream companies were doing the same.
These people just had no common sense. Yes, we need to maintain power to hospitals, etc. But when they cut off the fuel source for the power plants, they put us in a position where that may happen anyway.
[QUOTE=EihTooms;2743646]The Inflation Reduction Act is not a legislative plan to tackle and tame the economic reality of "inflation. " That is what the Fed is currently trying to do to tackle Trump's Pandemic Supply Chain Destruction Inflation during Biden's historic economic recovery from it by raising interest rates and artificially inducing a mild recession, at most, in order to cool down Biden's roaring economy that is producing more higher paying jobs than there are current applicants to take them.
After all, nobody should want to reduce all forms of inflation. Some inflation in the economy is normal and healthy. I mean, how flat and dreary of an economy would we have had to endure for the past 172 years if houses were still selling for $50 or whatever they were in 1850?
No, a portion of that terrific legislation is designed to surgically target certain critical areas of necessity for most or all of us eventually whose prices have skyrocketed out of all affordability and beyond the ordinary rate of inflation. For example, for the first time Medicare can negotiate for lower drug prices, price caps on certain widely required drugs and so on.
It will no doubt accomplish its stated goals much better than Trump and the Repubs' godawful $2. 5+ Trillion waste of money December 2017 Tax Cuts and Jobs Act. LOL. Talk about a joke name. That one wound up producing a million fewer jobs in the three years with it than in the three previous years without it. And the vast majority of tax cuts for people who might have benefited from them evaporated over the next 2-3 years just as Trump was producing his Pandemic to wipe out millions of jobs anyway.
Of course, one of the most accurate predictors of that legislation producing highly effective results is that not one Repub voted for it. I was worried when 1-2 Repubs hinted they might vote Yes on it. Then they didn't, which was a great relief.
Some of the best and most effective legislation of all time passed with either very few or zero Repub votes. And, of course, some of the worst passed with few or zero Dem votes.[/QUOTE]When legislation passes and only members of one party vote for it, it usually sucks.
As to the tax cuts resulting from the TCJA, I don't know where you're getting 2. 5 million. The JCT and CBO estimated that the federal government would receive about $1. 5 trillion less in revenues over 2018 to 2027 as result of the TCJA. It would have been less if Democrats had terminated the cuts last year, which was in their power to do. The corporate tax cuts were long overdue. At 35% pre-TCJA, when added to state income taxes, we were levying a much higher rate on our corporations than than other nations were on theirs. The TCJA also eliminated corporate loopholes. The GILTI (global intangible low taxed income) tax for the first time imposed tax on USA Companies unrepatriated foreign earnings. This solved two problems. First, it ameliorated the problem with USA Corporations recognizing outsized earnings in foreign subsidiaries in low tax countries, where patents and intellectual property and the like were parked. And it encouraged USA Companies to bring money parked in foreign accounts overseas back to the USA, to be used here. The actual revenue from corporate taxes is now turning out to be higher than the CBO estimated. In fact, for the 2022 budget year, the CBO's current projection is that the USA will realize $395 billion from the corporate tax. And that's even though we went through a small recession. Their original estimate for corporate income tax revenues was $353 million with the TCJA and $389 million without the TCJA.
At the individual level, the TCJA tax cuts made our tax system more progressive, and most people ended up paying less. The one thing I disagreed with was the lower tax rate on pass through businesses with lots of employees. And with lots of depreciable property relative to income, like LLC's that own rental real estate. The later was very beneficial to the Trump organization, because of its rental properties, but it was playing games with the tax system to benefit special interests.
Yes, the Republicans should have cut spending along with taxes so as to not increase deficits. But that's what happens when one party controls the presidency, the House and the Senate. It goes on a spending binge. The same thing happened during the first two years of the Biden, Obama, Bush Jr. And Clinton administrations.
I agree with you 100% on Medicare and drug prices. That's something that should have happened a long time ago.
It's other parts of the Inflation Reduction Act that I believe suck. There's lots and lots of green pork. The bill favors special interests which contribute to the Democratic Party. And citizens who tend to vote for the Democratic Party (upper middle class greenies who want to think they're doing something good for the environment by buying EV's.) A reasonable carbon tax, levied on the end user of electricity and fuels, would be the best way to reduce carbon emissions, if that's your goal. And the Inflation Reduction Act isn't going to do jack to reduce global warming. The spending provisions are largely a waste of money.
As to "Trump's inflation" and "Biden's historic recovery," I've given up on making critical comments about peoples' religious beliefs. I will say that I hope the Republicans win the House. If they don't, and if Democrats can add a couple of progressives to the Senate, then inflation, which would otherwise be likely to subside, may just rev up again because of increased spending. And deficits will be higher than they would otherwise, as Democrats most likely will pass something like the $3. 5 trillion Build Back Better bill.
Divided government is best. The ba*tards in Washington can't screw us over as much.
It seems like supporters of Donnie the Dumbass are continually blaming President Biden for inflation. It reminds me of a 60-year-old quote from Abraham Maslow "If the only tool you have is a hammer, it is tempting to treat everything as if it were a nail". That's supporters of Donnie the Dumbass all right. Everything is "fake news" unless it comes from some bogus rightwingnut source. Then, of course, it has to be "real". Yep, to them, "the election was stolen", "Chinese thermostats changed votes". Or was it Italian satellites? They probably even believe that Jewish Space Lasers cause forest fires. Sheesh.
What these folks forget is [B]virtually every country in the world[/B] is suffering from inflation. Gasoline prices are up worldwide. Food prices are up worldwide. Commodities are up. Manufactured goods are up. Now, even the dumbest person in the world ought to be able to see that something else is at work here. "All these countries have one thing in common: they're all struggling to recover from a once-in-a-lifetime pandemic that continues to disrupt the supply side of the economy, hampering the ability of businesses, workers, and the global supply chain to operate at full capacity and satisfy boomeranging consumer demand. Rather than putting a Biden "I did that" sticker on products with skyrocketing prices, it's probably more accurate to say "COVID did that. " [URL]https://www.npr.org/sections/money/2022/01/18/1073053108/the-movement-to-stick-inflation-blame-on-biden[/URL].
But the one thing that no self-respecting supporter of the one-term, twice-impeached, commander-in-chief of the Mar-a-Lago Putt-Putt and McDonalds Emporium would [B]ever do[/B] is admit that COVID is probably the main driver of inflation. Because to do so would mean that they would have to acknowledge that we'd have inflation even if Donnie the Dumbass was president*.
After all, even if Donnie the Dumbass was president*, we'd still have surging consumer demand because of the lifting of many of the COVID restrictions. We'd still have labor shortages as US workers say "Screw it, I'm not going to work for some moron who pays peanuts any more". We'd still have global supply chain problems. None of these things would have gone away if Donnie the Dumbass were president*. Unless, of course, "If the only tool you have is a hammer, it is tempting to treat everything as if it were a nail".
So, sorry folks, but Donnie the Dumbass couldn't have fixed this problem either. Just like he made COVID worse by lying to the American public, he'd have done the same thing here. He'd have simply declared the pandemic over and opened up everything. He'd have killed millions more with this strategy [B]plus[/B] kickstarted inflation even higher. [URL]https://businessinsider.mx/causes-of-inflation/?r=US&IR=T[/URL].