SoCal Deek Posted August 9, 2022 Posted August 9, 2022 We can’t be out of money…we still have checks! 1 1
B-Man Posted August 9, 2022 Posted August 9, 2022 List of Tax Hikes in Democrat Reconciliation Bill $6.5 Billion Natural Gas Tax Which Will Increase Household Energy Bills $12 Billion Crude Oil Tax Which Will Increase Household Costs $1.2 Billion Coal Tax Which Will Increase Household Energy Bills $225 Billion Corporate Income Tax Hike Which Will Be Passed on to Households $74 Billion Stock Tax Which Will Hit Your Nest Egg — 401(k)s, IRAs and Pension Plans 95% Federal Excise Tax on American Pharmaceutical Manufacturers $52 Billion Income Tax Hike on Mid-Sized & Family Businesses Supersizing the IRS to Increase Audits – $204 Billion https://www.atr.org/list-of-tax-hikes-in-democrat-reconciliation-bill/
nedboy7 Posted August 10, 2022 Posted August 10, 2022 (edited) Some folks here need to educate themselves. https://www.thebalance.com/democrats-vs-republicans-which-is-better-for-the-economy-4771839 https://www.thebalance.com/what-recession-economy-added-528-000-jobs-in-july-6373981 Edited August 10, 2022 by nedboy7
All_Pro_Bills Posted August 11, 2022 Posted August 11, 2022 (edited) The number of Americans filing for jobless benefits for the first time last week was 262k, higher than the 248k the prior week. That is the highest since Nov 26 2021. Also, Producer Prices dropped in July (-0.5%), more than the reduction to +0.2% expected. YoY the PPI is up 9.8%. Edited August 11, 2022 by All_Pro_Bills
SoCal Deek Posted August 11, 2022 Posted August 11, 2022 19 hours ago, B-Man said: But that old guy said it was 0% Wait till we get the figures on the cost of that Labor Day BBQ! That should be a real whopper. Keep spinning Joe! It’s clear that you feel our pain….not! 1
ALF Posted August 11, 2022 Posted August 11, 2022 2 hours ago, All_Pro_Bills said: The number of Americans filing for jobless benefits for the first time last week was 262k, higher than the 248k the prior week. That is the highest since Nov 26 2021. Also, Producer Prices dropped in July (-0.5%), more than the reduction to +0.2% expected. YoY the PPI is up 9.8%. but , but PressOffice@bls.gov JOB OPENINGS AND LABOR TURNOVER – JUNE 2022 The number of job openings decreased to 10.7 million on the last business day of June, the U.S. Bureau of Labor Statistics reported today 1
All_Pro_Bills Posted August 11, 2022 Posted August 11, 2022 3 minutes ago, ALF said: but , but PressOffice@bls.gov JOB OPENINGS AND LABOR TURNOVER – JUNE 2022 The number of job openings decreased to 10.7 million on the last business day of June, the U.S. Bureau of Labor Statistics reported today Contrary to last months 500+ jobs print, the labor market is weakening.
Irv Posted August 11, 2022 Posted August 11, 2022 On 8/10/2022 at 8:54 AM, Tiberius said: Inflation dropping Less horrible than last month. Yayyyyy! What a dolt you are. Why do I bother?
B-Man Posted August 12, 2022 Posted August 12, 2022 WELCOME BACK, CARTER! Democrats ‘inflation reduction’ plan will have these 3 terrible economic consequences, new analysis finds. https://www.based-politics.com/2022/08/12/dems-inflation-reduction-plan-will-have-these-3-terrible-economic-consequences-new-analysis-finds/
All_Pro_Bills Posted August 16, 2022 Posted August 16, 2022 Housing starts and permits crashed last month. This is predictable given the Feds interest rate hikes and how leveraged home prices are to interest rates. The question with interest rate increases is how much is too much? 1
ALF Posted August 17, 2022 Posted August 17, 2022 Biden approves largest oil, gas lease sale in US history, steamrolls eco review with inflation bill The Inflation Reduction Act reinstates Lease Sale 257, an oil and gas sale spanning 80.8 million acres across the Gulf of Mexico While the Inflation Reduction Act includes several green energy provisions opposed by the fossil fuel industry, the bill also orders the Department of the Interior (DOI) to take a series of steps to boost fossil fuel production on federal lands and waters. The legislation specifically requires the DOI to reinstate Lease Sale 257, a massive offshore oil and gas sale spanning 80.8 million acres across the Gulf of Mexico, within 30 days of enactment. https://www.foxbusiness.com/politics/biden-approves-largest-oil-gas-lease-sale-us-history-steamrolls-eco-review-inflation-bill
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