Chef Jim Posted May 18, 2020 Posted May 18, 2020 26 minutes ago, Tiberius said: You are such an idiot. You threw out a trite platitude at me probably not even understanding what you were even saying. I called you on it and you got nothing. Lol. And your change the subject point is just a total misrepresentation. I was pointing out the government needs to help, like Pelosi is trying to do and GOP is resisting. Try ray and keep your thinking consistent, ok Well now isn’t this interesting. You’re saying the bill is designed help the government?
SoCal Deek Posted May 18, 2020 Posted May 18, 2020 Just now, Chef Jim said: Well now isn’t this interesting. You’re saying the bill is designed help the government? It’s really pretty amazing. Our all-knowing government leaders apparently just figured out where the money comes from to keep their ‘company’ afloat. So it seems that when you shut off the tax paying faucet for three months, the government runs out of money? Who knew?
Chef Jim Posted May 18, 2020 Posted May 18, 2020 11 minutes ago, SoCal Deek said: It’s really pretty amazing. Our all-knowing government leaders apparently just figured out where the money comes from to keep their ‘company’ afloat. So it seems that when you shut off the tax paying faucet for three months, the government runs out of money? Who knew? And they use a bill designed to pump up the economy to fund the government and their pet projects. Helluva gig they got there. No wonder we have so many lifers.
SoCal Deek Posted May 18, 2020 Posted May 18, 2020 2 minutes ago, Chef Jim said: And they use a bill designed to pump up the economy to fund the government and their pet projects. Helluva gig they got there. No wonder we have so many lifers. It was the same thing with the Obama stimulus. The vast majority of that money was borrowed to keep public sector workers afloat while the private sector recovered. Unfortunately Barack didn’t really believe in the power of the private sector so he was driving the country with one foot on the gas and the other on the brake for EIGHT LONG YEARS. 2
Tiberius Posted May 18, 2020 Author Posted May 18, 2020 37 minutes ago, SoCal Deek said: It was the same thing with the Obama stimulus. The vast majority of that money was borrowed to keep public sector workers afloat while the private sector recovered. Unfortunately Barack didn’t really believe in the power of the private sector so he was driving the country with one foot on the gas and the other on the brake for EIGHT LONG YEARS. Obama totally believed in the private sector, that's why he left Trump such a great economy 2
B-Man Posted May 18, 2020 Posted May 18, 2020 Sen. Kennedy: Republicans Tried To See Coronavirus Relief Pelosi’s Way, ‘But We Can’t Get Our Heads That Far Up Our Rear Ends’ by Virginia Kruta Original Article 4
Tiberius Posted May 18, 2020 Author Posted May 18, 2020 Heck of a job there guys! ? $500 billion Treasury fund meant for coronavirus relief has lent barely any money so far, oversight commission finds A Congressional Oversight Commission created by Cares Act issues its first report even though it still doesn’t have a chair. https://www.washingtonpost.com/us-policy/2020/05/18/treasury-coronavirus-bailout-fund-cares-act/ Not like we have massive unemployment or something 1
MILFHUNTER#518 Posted May 18, 2020 Posted May 18, 2020 Awesome piece from the WSJ that dropped yesterday afternoon. Should Florida Bailout New York? Democrats want a $915 billion budget bailout for states and cities, and the leading lobbyist is New York Governor Sugar Nipples. His main public antagonist on the subject is Florida Senator and former Governor Rick Scott. Both men were first elected Governor in 2010, so let’s do the math to consider which state has managed its economy and finances better over the last decade. In 2010 New York’s population of 19.378 million was larger than Florida’s 18.8 million. By mid-2019 Florida had grown to 21.48 million, according to the Census Bureau, while New York had barely increased to 19.453 million. Yet Governor Sugar Nipples recently signed a budget for fiscal 2021 of $177 billion that is even bigger than last year’s, papering over what was a $6 billion deficit before the coronavirus. Florida’s budget for fiscal 2021, not yet signed by new Governor Ron DeSantis, is expected to be about $93 billion. Democrats in Albany are claiming to be victims of events that are out of their control. But they have increased spending by $43 billion since 2010—about $570,000 for each additional person. Florida’s budget has increased by $28 billion while its population has grown 2.7 million—a $10,400 increase per new resident. *** New York has a top state-and-local tax rate of 12.7%, while Florida has no income tax. Yet New York has a growing budget deficit, while Mr. Scott inherited a large deficit but built a surplus and paid down state debt. The difference is spending. New York’s spending on worker retirement benefits has nearly doubled since 2010 and is six times greater than Florida’s. Its debt-service payments have also doubled. Albany’s biggest cost driver is Medicaid, which gobbles up 40% of the state budget—twice as much as education. Florida spends about the same on schools as on Medicaid. Blame New York’s cocktail of generous benefits, loose eligibility standards and waste. New York spends about twice as much per Medicaid beneficiary and six times more on nursing homes as Florida though its elderly population is 20% smaller. Many New York nursing homes and hospitals are organized by unions, which use their political clout to drive generous pay and benefits. Governor Sugar Nipples in 2014 expanded Medicaid as part of ObamaCare to able-bodied individuals earning up to 133% of the poverty line. Florida didn’t. While the federal government initially picked up 100% of the ObamaCare expansion tab, New York is now on the hook for 10%, which contributed to this year’s $4 billion Medicaid shortfall. New York spends about $76 billion a year on Medicaid—three times more than Florida. Swelling Medicaid costs have squeezed spending on transportation, causing Empire State trains and roads to fall into disrepair. Florida has found money to pave potholes and increased transportation spending 10 times more than New York between 2010 and 2019. Governor Sugar Nipples pleads poverty by claiming New York is a “donor” state to the federal government. But federal dollars account for about 35.9% of New York’s spending compared to 32.8% of Florida’s, according to the Tax Foundation. New Yorkers pay more in federal taxes than what Albany gets back because the progressive federal tax code hits high earners the hardest and New York still has many high earners. The “donors” are individuals, and the money isn’t Governor Sugar Nipple's. In any case, many high earners are moving to lower-tax states. New York lost $9.6 billion in adjusted gross income to other states in 2018 while Florida gained $16 billion. Workers are following jobs, and vice versa. The rate of private job growth in Florida has been about 60% higher than in New York from January 2010 to January 2020. Finance jobs expanded by 25% in Florida compared to 9.7% in New York. By our calculations, New York would generate $10 billion more annually in tax revenue if its personal income had grown at the rate of Florida’s over the last decade. New York’s future has been discounted before, but the coronavirus may be its most serious economic challenge. Many service businesses are learning they don’t need as many workers in the office and can save money by downsizing. Morgan Stanley has said it intends to reduce office space in New York City, and Twitter has told employees they can work remotely as long as they want. Many restaurants were struggling before the coronavirus due to New York’s high minimum wage, taxes, rents and suffocating regulation. Some may now close permanently. *** Governor Sugar Nipples no doubt realizes all this, which is why last week he cited a repeal of the $10,000 limit on the state-and-local tax deduction as his top request from Congress to keep more high earners from leaving. He also wants $61 billion in budget relief, which the Empire Center’s E.J. McMahon notes would cover projected deficits for four years assuming spending increases by 4% annually. The policy question is why taxpayers in Florida and other well-managed states should pay higher taxes to rescue an Albany political class that refuses to restrain its tax-and-spend governance. Public unions soak up an ever-larger share of tax dollars, but Albany refuses to change. Mr. Scott is right. 1
B-Man Posted May 21, 2020 Posted May 21, 2020 On Wednesday’s broadcast of MSNBC’s “The Last Word,” House Speaker Nancy Pelosi (D-CA) stated that coronavirus tests, tracing, and treatment, funding for state, local, tribal, and territorial governments, direct payments and unemployment insurance, OSHA standards, funding for the Postal Service, vote by mail, and SNAP benefits are the “seven hills of Rome,” that House Democrats are “there to make sure prevail when we go to the table for negotiation” on the next coronavirus aide package. Pelosi began by saying that coronavirus “testing, tracing, and treatment” along with funding for state, local, tribal, and territorial governments and “injecting funds into our — the pockets of the American people with what we have with direct payments, unemployment insurance, etc.” are the “three pillars of the HEROES Act.” Which are built on provisions that were included in previous coronavirus legislation. She continued that OSHA standards, funding for the U.S. Postal Service, “voting at home,” and SNAP benefits are the additional four planks of the legislation. (Excerpt) Read more at breitbart.com ... 1
B-Man Posted May 22, 2020 Posted May 22, 2020 Pelosi Accuses Senate GOP of 'Political Retribution' for Not Passing $3 Trillion Stimulus Bill by Rick Moran Original Article House Speaker Nancy Pelosi threw a political tantrum on Twitter, scolding Republicans in the Senate for putting “lives and livelihoods” at risk by not holding a vote on her party’s $3 trillion coronavirus stimulus bill. I’m not sure how authorizing “expedited green cards” for migrant health workers and opening up banking services to cannabis businesses saves lives and jobs, but it’s a huge bill with a lot of words in it. I’m sure it’s in there somewhere. Senate Majority Leader Mitch McConnell pointed out exactly why Republicans are opposing this monstrosity More at the link 1
Tiberius Posted May 22, 2020 Author Posted May 22, 2020 (edited) 3 minutes ago, B-Man said: Pelosi Accuses Senate GOP of 'Political Retribution' for Not Passing $3 Trillion Stimulus Bill by Rick Moran Original Article House Speaker Nancy Pelosi threw a political tantrum on Twitter, scolding Republicans in the Senate for putting “lives and livelihoods” at risk by not holding a vote on her party’s $3 trillion coronavirus stimulus bill. I’m not sure how authorizing “expedited green cards” for migrant health workers and opening up banking services to cannabis businesses saves lives and jobs, but it’s a huge bill with a lot of words in it. I’m sure it’s in there somewhere. Senate Majority Leader Mitch McConnell pointed out exactly why Republicans are opposing this monstrosity More at the link I love this. Just keep blocking measures to help the people of the country deal with a Great Depression. Where have we seen this before? Edited May 22, 2020 by Tiberius 1
B-Man Posted May 22, 2020 Posted May 22, 2020 May 22, 2020 Pelosi's Leninist Stimulus Bill By Jeffrey Folks Read more: https://www.americanthinker.com/articles/2020/05/pelosis_leninist_stimulus_bill.html#ixzz6NBIHKDlw 2
Tiberius Posted May 22, 2020 Author Posted May 22, 2020 1 minute ago, B-Man said: May 22, 2020 Pelosi's Leninist Stimulus Bill By Jeffrey Folks Read more: https://www.americanthinker.com/articles/2020/05/pelosis_leninist_stimulus_bill.html#ixzz6NBIHKDlw Love it! Keep digging!
Tiberius Posted May 22, 2020 Author Posted May 22, 2020 1 minute ago, B-Man said: She is a communist! No way the Senate should consider any more bailouts.
B-Man Posted May 22, 2020 Posted May 22, 2020 No Bailouts for Corrupt Blue States That Keep Running In the Red 1
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