2020 CoronaVirus Outbreak - That began in Wuhan, China and is spreading - Page 983
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  1. #14731
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    Quote Originally Posted by Wruff_ajax View Post



    Astonishing the money gushing forth. Was astonishing for years in the US prior to the pandemic. These past 15 months or so though, and it's all essentially just debt too, including trillions upon trillions of dollars for porked out so-called "relief" bills, etc, etc..

    Fucking insanity. Our nation's children and grand children are absolutely and irreparably buried. They already were prior to this covid multi-trillion dollar spending spree. Very sad what we've done in recent decades, and my how we've even exponentially upped our game of late.

    Crazy crazy crazy.

    Joe Biden's $6 Trillion ambition

    In his first 100 days in office, President Joe Biden has offered up roughly $6 trillion in spending proposals and so far has delivered on roughly a third of it.

    His plans cover a range of policy goals: Lifting the economy out of the COVID-19 recession; restoring blue collar jobs; beefing up critical U.S. infrastructure; levying higher taxes on corporations and the wealthiest Americans; securing affordable child care for American families.

    The first-term Democrat's vision to reshape the U.S. economy has come in the form of three broad fiscal programs, each bearing a three-letter acronym distinguished from one another only by their middle initials: The ARP (American Rescue Plan); the AJP (American Jobs Plan); and AFP (American Families Plan).

    Here's where they stand:

    ARP: American Rescue Plan - $1.9 trillion

    Status: Passed

    The first of Biden's proposals, floated before he was sworn into office on Jan. 20, is the only of the three so far to have been enacted into law. It passed in March on party-line votes, backed by Democrats, rejected by Republicans.

    Its signature components were $1,400 one-time payments that went out to most American households this spring and the extension of a $300 a week federal enhancement to state unemployment benefits until September. Those funds helped lift consumer spending in the first quarter at an annualized rate of 10.7%, among the largest gains in the post-World War Two era. read more

    The ARP also included funds to accelerate the COVID-19 vaccination campaign and to assist the businesses and communities most affected by the pandemic. read more The United States has emerged as one of the world leaders in the COVID-19 inoculation effort, with 43% of U.S. adults having gotten at least one dose of vaccine and 30% now fully vaccinated.

    AJP: American Jobs Plan - $2.3 trillion

    Status: Blueprint

    Biden announced what he bills as his "blue collar blueprint" at the end of March, and while it has been the focus of much discussion in Washington, no formal proposal has yet surfaced on Capitol Hill.

    The plan's two biggest buckets - at $650 billion each - would:

    * Fund traditional public transportation projects like roads and bridges while underwriting investments in the infrastructure to kick the transition to electric vehicles into high gear; and

    * Pay to refurbish aging public schools and decaying public water systems and expand broadband access for the 35% of rural Americans lacking such high-speed communications connectivity. read more

    Other components of the AJP would provide funds for home- or community-based care for the elderly and disabled and would invest in domestic manufacturing for industries the Biden administration considers critical to the national interest, such as semiconductors and green energy.

    To pay for these, Biden has proposed raising the corporate tax rate to 28% from 21%; eliminating all fossil fuel industry subsidies and loopholes; and establishing a minimum tax on income companies use to report profits to investors.

    AFP: American Families Plan - $1.8 trillion

    Status: Blueprint

    The last of Biden's proposals is a mix of new spending, totaling $1 trillion, and tax credits for working families, about $800 billion. It went up the flagpole in late April and features his first stab at getting the wealthiest Americans to pay more in taxes. Like the AJP, it has yet to get as far as a formal bill before Congress.

    Its key spending elements include provisions:

    * Aiming to help working parents cover childcare expenses and subsidizing daycare costs for families with kids under 5 and provide free preschool for 3- and 4-year-olds.

    * Providing free community college tuition; boosting a federal tuition grant program; and subsidizing tuition for students from middle-class families attending an historically Black college or university, or HBCU.

    * Extending the child tax credit, included in the ARP enacted in March, through 2025. The current credit, essentially another monthly payment from the government for most families, will sunset at the end of this year.

    * Roughly doubling the tax rate paid by high earners on their investment income to 39.6% from 20% now and lifting the highest tax rate on ordinary income to 39.6% from 37%.

    https://www.reuters.com/world/us/joe...on-2021-04-30/


    Joe Biden’s $7 Trillion Plan
    https://www.wsj.com/articles/newslet...an-01594723549


    $6 Trillion. $7 Trillion. $20 Trillion. Who's counting.

    ☩ ☩ ☩

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    Quote Originally Posted by Wruff_ajax View Post



    Astonishing the money gushing forth. Was astonishing for years in the US prior to the pandemic. These past 15 months or so though, and it's all essentially just debt too, including trillions upon trillions of dollars for porked out so-called "relief" bills, etc, etc..

    Fucking insanity. Our nation's children and grand children are absolutely and irreparably buried. They already were prior to this covid multi-trillion dollar spending spree. Very sad what we've done in recent decades, and my how we've even exponentially upped our game of late.

    Crazy crazy crazy.
    It is crazy how politicians are using this catastrophe as an opportunity to create long term spending obligations.

    Sent from my SM-G930W8 using Tapatalk

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    Quote Originally Posted by It's Mike View Post
    It is crazy how politicians are using this catastrophe as an opportunity to create long term spending obligations.

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    One for you, two for me. Politicians aren't getting rich from their salaries.

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    When you have two parties and neither cares about it, this isn't a surprising result.

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    Quote Originally Posted by It's Mike View Post
    It is crazy how politicians are using this catastrophe as an opportunity to create long term spending obligations.

    Sent from my SM-G930W8 using Tapatalk
    This is why I don't even lament debt because there's NOTHING we as people can do about it. It's like putting meth in front of a meth head and advising them not to smoke it. Both parties spend. A guy like Rand Paul and others like him are just farting in the wind.

    Spending is so entrenched in Washington's DNA that it's a lost cause. One day it will be our demise as a country.

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    Can spend trillions and trillions of dollars but damn that evil single-payer.

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    Quote Originally Posted by CaboChris View Post
    Can spend trillions and trillions of dollars but damn that evil single-payer.
    pied pipers

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    Quote Originally Posted by CaboChris View Post
    Can spend trillions and trillions of dollars but damn that evil single-payer.
    You'll probably get your wish. Universal care will have more people happy with the advantages over disadvantages versus the Frankenstein's monster we have now of obscene regulation and third-party private payer.

    Republicans turned an Easter egg hunt into a buttfuckathon on this and will pay the price, IMO. Perhaps enough doctors go cash and people see the benefits in order to fend that off, but I am not optimistic.

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    Quote Originally Posted by lovemachine97(Version 2) View Post
    You'll probably get your wish. Universal care will have more people happy with the advantages over disadvantages versus the Frankenstein's monster we have now of obscene regulation and third-party private payer.

    Republicans turned an Easter egg hunt into a buttfuckathon on this and will pay the price, IMO. Perhaps enough doctors go cash and people see the benefits in order to fend that off, but I am not optimistic.
    I just fundamentally reject the notion that this country is too big for single-payer. All the excuses as to why it can't be achieved here is all bullshit. Every single one is bullshit. It can't be cost. It can't be "look at the VA". That ship has sailed long ago. Trillions we spend and I would have thought that Democrats would have pushed this by now and made single-payer one of the centerpieces of its platform.

    Are we really worried that it's about being taxed? We're already taxed and we're already in debt for generations so might as well say once and for "let's do this " and end the neverending debate about healthcare in this country and stop the fucking inaction.

    At least let's have something that will benefit every citizen in this country for all the money that is being wasted.

    Stop whining about socialism on this issue.

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    Sorry. This thread is about COVID.

  15. #14741
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    If this is going to people why can't this be considered Infrastructure? You know since people are the sole reason for infrastructure?

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    Default 2020 CoronaVirus Outbreak - That began in Wuhan, China and is spreading

    Shame because I really dig Matty. Also really like Joe’s podcast, but he’s off base with his entire assessment here.


    https://www.blogto.com/city/2021/05/...TF_4jrG71K3c8w


    Joe Rogan and Matty Matheson slam Canada's lengthy COVID lockdowns


    "Canada's fucked right?" said Rogan in a recent episode of his popular podcast, The Joe Rogan Experience.

    "They're so locked-down and I don't understand why they think that's good."

    "You can't do Canada," said the comedian and MMA enthusiast, who does not appear to have any medical training.

    "You can't do Canada where you have Gestapo pulling people over for your papers: ‘Why are you out of the house? There's a cold floating around, why are you out of the house?'"

    The popular podcaster also contrasted the situation in Canada with that of the United States, where he highlighted Florida in particular as a success story.

    "I was just in Florida, and it's like nothing's happening. Like maybe you'll get sick, maybe you won't," he says. "But we're out here with no masks on, 15,000 people in an area for the UFC fights, it was madness. It was powerful."


    He said Florida was doing way better.

    Florida is sitting at 10,000 more deaths than Canada.


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    Last edited by MF5150; 05.07.21 at 10:24 AM.
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    He's read 3 headlines and has a strong, dumb opinion. It happens

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    Quote Originally Posted by It's Mike View Post
    He's read 3 headlines and has a strong, dumb opinion. It happens

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    Unfortunately, there are a LOT of people like that with access to microphones and a big audience.

    Last I saw, Florida was about 44th in Covid positivity rate (8%) in the US. They're more than double the national rate (3.5%). But they're open and that's all that counts.

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    Quote Originally Posted by jimmy812 View Post
    Unfortunately, there are a LOT of people like that with access to microphones and a big audience.

    Last I saw, Florida was about 44th in Covid positivity rate (8%) in the US. They're more than double the national rate (3.5%). But they're open and that's all that counts.
    I have no issue with criticism of what we've done policy wise, but when you have the platform he does i think it's important to have a fucking clue what you're talking about.

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