Kamala’s Plan to Ruin America’s Economy

[richaceg]

But rich, under the GOP the US has historically gained its biggest debts and job losses.

Bullshit..

 

[Frankfooter]

Bullshit..

Its a fact.

https://twitter.com/i/web/status/1830030699614576729

 

[richaceg]

Its a fact.

https://twitter.com/i/web/status/1830030699614576729

Nice chart...correction...nice bullahit chart.

 

[HungSowel]

You can be assured Harris was aware of that when she said she
would not ban fracking. She knows whatever subsidies the oil industry
received will be recouped from revenue generated by fracking.

Likewise the gang of climate hypocrites in Canada namely, Trudeau,
Guilbeault and Wilkinson were all too happy to support deep water oil
drilling offshore Newfound on anticipation of all the royalty money the
government could bring in from pillaging nation's remaining oil resources.

To my knowledge John D Rockefeller and Henry Ford did not receive that
kind of public money to build their business. Apparently transition to renewable
energy would not be profitable like the fossil fuel industry. If transition to
renewable energy is urgently needed to fend off impending climate catastrophe
the right thing to do is to implement and enforce measures of drastic emission
reduction *immediately*. Spending money you don't have on money-losing
ventures would only make things worse.

I have said it before, you have a talent for saying a lot without saying anything at all.

 

[roddermac]

Kamala wants to return the corporate tax rate back to what it was before the trump corporate tax cuts. Technically it is raising the corporate tax rate but if you put it in context it is a reasonable and sensible thing to do.

If you want to pull off a clean energy transition, 10 Trillion is the right ballpark amount.

The clean energy transition lives or dies based on battery technology. Sodium batteries are already commercially available. LFP batteries which do not use Nickel, Manganese, or Cobalt and can last for 20k charge cycles (50 years of service life) are already commercially available. Both happened this year, Biden was ahead of the curve with the green new deal, but now is the right time to get serious about the green energy transition because large scale energy storage with batteries is both practical and economically viable now.

https://twitter.com/i/web/status/1830145555260998080

 

[jalimon]

How do you think the economy will do much better by spending
10 trillion on renewable energy in the light of projected interest
payment of $1 trillion on $35 trillion of federal debt in 2025 and
a deficit estimated to be $2 trillion this year?

i was just stating a fact.

 

[Frankfooter]

Nice chart...correction...nice bullahit chart.

You can't even be bothered to check.
That's pathetic.

MAGA are such easy marks.

 

[Frankfooter]

https://twitter.com/i/web/status/1830145555260998080

https://twitter.com/i/web/status/1828447715279200697

 

[ogibowt]

to quote the topic,s name
capping the price on prescription drugs
protecting the Affordable Care Act
at least opening up discussion of price goughing
affordable Child Care
ok so i say...Ruin Baby Ruin

 

[Valcazar]

So you really think the Biden policies weren't disastrous?

Just the opposite.
Overall he wildly exceeded my expectations.

 

[NotADcotor]

Every time a Democrat proposes their budgets/economic plans we get this exact article written how the democrats will destroy the economy.
Gingrich said it about Clinton's plan, that the republicans would "not be responsible for the economic collapse" caused by Clinton (instead opposite happened).

They said it about Obama's economy, that it would turn the USA into Greece! A third world country!! Debase the currency!!
None of that happened and in fact USA recovered from global meltdown faster than most countries.

Trump said Bidens plan would destroy the economy, crash the stock market, etc. Instead the best economy in a generation. Lowest inflation in the world wide inflation spiral, one if the best GDPs, lowest unemployment, record stock market.

And now here we are again.

Trump is an idiot and a liar

However Clinton and Obama were fiscally responsible. Trump and Biden are not. GDP, low unemployment, record stockmarket with exploding debt is a bit like abs on a skinny dude, it doesn't count.
This just can't continue and when it stops, the pain will start.

But that being said, if people figure Harris fucked up, assuming the republicans put an adult as opposition [a big if sadly] then there will be a chance to vote her out

If Trump wins, and he gets his way, all future elections will be fixed.

 

[silentkisser]

As others have mentioned, it doesn't matter who the Dem nominee is, their plan will ALWAYS destroy the American economy. But, looking at facts, which the right pretends to care about, there is nothing really horrible in here. There isn't price controls (as the right desperately tries to spin), but anti-gouging rules. The bottom line is that her plan would be much better for the average American. It raises taxes on the wealthy who were the main beneficiaries of Trump's horrible tax cuts.

And, while the right might not believe in climate change...climate change don't care. It's going to fuck us all up, so the best we can do it mitigate it as much as possible now.

Now....Let's take a quick look at what Trump is proposing: Tariffs of 60% on Chinese goods. What would that do to the US economy? That would artificially raise prices on thousands of goods, which would be....inflationary...I know the idea is to promote US manufacturing (which has rebounded significantly under Biden), but those increased costs will be passed on to the consumer. That would probably cut economic growth and reduce spending money....all of which harms the US economy.