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-   -   President Biden says that 3,500,000,000,000 equals 0. (http://www.striped-bass.com/Stripertalk/showthread.php?t=97668)

Pete F. 09-29-2021 09:54 AM

Quote:

Originally Posted by Pete F. (Post 1214922)
The top-line figure is $3.5 trillion. That's a package of investments that could bring $2 trillion in new revenue and savings, yielding net cost of $1.5 trillion over 10 years. Annualized, that amount is less than three Pentagon contractors got last year.
And remember, we are out of Afghanistan
Posted from my iPhone/Mobile device

Biden comes closer than most politicians

I’m sure some will trickle in.
Posted from my iPhone/Mobile device

detbuch 09-29-2021 10:39 AM

Quote:

Originally Posted by Pete F. (Post 1214922)
The top-line figure is $3.5 trillion. That's a package of investments that could bring $2 trillion in new revenue and savings, yielding net cost of $1.5 trillion over 10 years. Annualized, that amount is less than three Pentagon contractors got last year.
And remember, we are out of Afghanistan

"could bring" . . . "over 10 years"--sounds iffy and sketchy. Sounds like the same rosy possibilities that have been forecast for previous spending bills, but the debt somehow kept rising anyway. Getting out of Afghanistan maybe, possibly, coulda woulda shouda, save us money, or cost us in aftermath problems which will cost more money again.

And getting out of something doesn't guarantee that we won't get into more somethings. And many of us have stopped believing government's rosy promises/lies.


U.S spent 5.8 trillion in Afghanistan & trillions in Iraq. Past time to invest in Americans-infrastructure, technology, child care, education, energy,health, drinkable water etc. Returns will abound in a prospering nation.The rich can pay taxes, they agree

And that "Past time to invest" thingy is the getting into more somethings that is guarantied to happen unless the federal government actually gets out of most of those things and constitutionally lets the states do them.

Ain't gonna happen unless the federal government is forced to massively cut spending instead of spending beyond its means. And constant borrowing is not a feasible means.

And the money it borrows to do wonderful sounding things (for which it was not constitutionally designed to do) winds up in the pockets of the rich and powerful who you claim is strangling the government. (With various kickbacks to the political Mafia, of course.)

wdmso 09-29-2021 12:06 PM

Quote:

Originally Posted by Jim in CT (Post 1214991)
"Yes Jim Zero if it’s paid for it will add zero to the debt…. Why is it so hard for you to read between the lines .."

First, there is a big difference between something costing $0, and something adding $0 to the debt. He seems to be conflating those two things.

Second, if it's going to be paid for, where does the $3.5T come from, exactly?

Jim it’s just odd what comments you take literally and the comments you take as Hyperbole..

They do seem to be one sided
Posted from my iPhone/Mobile device

Jim in CT 09-29-2021 12:15 PM

Quote:

Originally Posted by wdmso (Post 1214996)
Jim it’s just odd what comments you take literally and the comments you take as Hyperbole..

They do seem to be one sided
Posted from my iPhone/Mobile device

so when biden said it costs zero dollars, it’s “hyperbole” if i don’t interpret that, as him saying it will only cost 1.5 trillion dollars? or something?

how about his promise to cure cancer? was that also hyperbole?
Posted from my iPhone/Mobile device

Pete F. 09-29-2021 12:29 PM

Well since Biden supporting counties generate 70% of the GDP and I’d assume a commensurate portion of taxes, I find it laughable that the 30% contributors are so concerned about their minority share of taxation increasing.
They are quite willing to live in taking states
Posted from my iPhone/Mobile device

Pete F. 09-29-2021 12:35 PM

Quote:

Originally Posted by Jim in CT (Post 1214951)
no it’s not. it’s about two democrat senators who (1) want to remain senators, and (2) know that they represent purple states, not blue
states.
Posted from my iPhone/Mobile device

Activists who helped elect Kyrsten Sinema launch PAC to fund a primary challenger against her
Posted from my iPhone/Mobile device

Jim in CT 09-29-2021 01:29 PM

Quote:

Originally Posted by Pete F. (Post 1214999)
Activists who helped elect Kyrsten Sinema launch PAC to fund a primary challenger against her
Posted from my iPhone/Mobile device

she ran as a moderate. AZ wasn’t ready to elect Bernie Sanders. maybe now they are.

go ahead and primary challenge her, that’s how the system
works.
Posted from my iPhone/Mobile device

Pete F. 09-29-2021 07:31 PM

A catastrophic failure of US journalism and politics is that something like Biden's 10-year, $3.5 trillion infrastructure bill is not called a $350 billion annual bill...but the Pentagon's budget, which will exceed $7.5 trillion over a decade, is called a $750 billion annual bill
Posted from my iPhone/Mobile device

Pete F. 09-29-2021 07:33 PM

Manchin and Sinema say they won’t vote for a $3.5 trillion infrastructure bill.

The US war budget doesn’t go down, not even after we allegedly end wars. It was bigger than ever this year. $7.5 trillion is the floor for what it will be over the next decade—and both voted for it.
Posted from my iPhone/Mobile device

Pete F. 09-29-2021 08:46 PM

Meanwhile one should ask, when will Ted Cruz and Josh Hawley get a subpoena for their actions on January 6th?

Asking for a friend
Posted from my iPhone/Mobile device

detbuch 09-29-2021 08:59 PM

Quote:

Originally Posted by Pete F. (Post 1215016)
Meanwhile one should ask, when will Ted Cruz and Josh Hawley get a subpoena for their actions on January 6th?

Asking for a friend
Posted from my iPhone/Mobile device

Tell your friend that his/her/its question is off topic.

scottw 09-30-2021 04:01 AM

Quote:

Originally Posted by Pete F. (Post 1215012)

A catastrophic failure of US journalism and politics is that something like Biden's 10-year, $3.5 trillion infrastructure bill is not called a $350 billion annual bill...

Posted from my iPhone/Mobile device

they should definitely be government censored in the future perhaps jailed for armed digital insurrection...or at least insubordination

Pete F. 09-30-2021 06:37 AM

Joe Biden received more votes in his election than any other presidential candidate in history. The American people overwhelmingly support his agenda. Its time for Congress to do the same.
Posted from my iPhone/Mobile device

scottw 09-30-2021 07:40 AM

Quote:

Originally Posted by Pete F. (Post 1215023)
Joe Biden received more votes in his election than any other presidential candidate in history. The American people overwhelmingly support his agenda. Its time for Congress to do the same.
Posted from my iPhone/Mobile device

yup....clearly treasonous behavior by the media and those that don't support our great president...

scottw 09-30-2021 07:43 AM

Quote:

Originally Posted by Pete F. (Post 1215023)
J

The American people overwhelmingly support his agenda.


Posted from my iPhone/Mobile device

define "overwhelmingly"

scottw 09-30-2021 07:46 AM

pete apparently got the memo the biden admin is circulating...
this is the best line

the memo states. "And because President Biden’s plan is fully paid for, we can do this with a price tag of $0." :rotf2:

Jim in CT 09-30-2021 08:03 AM

Quote:

Originally Posted by Pete F. (Post 1215023)
Joe Biden received more votes in his election than any other presidential candidate in history. The American people overwhelmingly support his agenda. Its time for Congress to do the same.
Posted from my iPhone/Mobile device

the american people overwhelmingly didn’t like Trumps personality, and agreed to the moderate agenda that Biden ran on.

if they wanted a progressive liberal agenda, the senate wouldn’t be 50-50. The people of AZ and WV didn’t elect moderate senators to transform the country. if thats what the democrats want, then nominate candidates who say that up front and see how they do in november.
Posted from my iPhone/Mobile device

scottw 09-30-2021 08:05 AM

I'm trying to remember the last time democrat proposals, plans, spending cost less than they promised....not even "one dime down" ....this is truly HISTORIC ! :uhuh:

scottw 09-30-2021 08:08 AM

Quote:

Originally Posted by Jim in CT (Post 1215029)

the american people overwhelmingly

Posted from my iPhone/Mobile device

a majority of americans don't believe biden is mentally sharp...he'll probably step on the gas thinking it's the brake but we'll give him the keys anyway :)

Jim in CT 09-30-2021 08:11 AM

Quote:

Originally Posted by scottw (Post 1215031)
a majority of americans don't believe biden is mentally sharp...he'll probably step on the gas thinking it's the brake but we'll give him the keys anyway :)

his current approval ratings aren’t exactly a ringing endorsement.

we’re not a left wing country at the moment.
Posted from my iPhone/Mobile device

scottw 09-30-2021 08:14 AM

Quote:

Originally Posted by Jim in CT (Post 1215033)
his current approval ratings aren’t exactly a ringing endorsement.

we’re not a left wing country at the moment.
Posted from my iPhone/Mobile device

not his fault, he's a victim of the insurrectionist media that won't report the approved narrative dutifully...or something

wdmso 09-30-2021 08:38 AM

Only Trump has had a lower job approval rating than Biden does during similar points in their presidencies, according to a new poll, which found that the president’s approval rating hit a new low of 43%. Sept 22nd 2021

But Jim is all excited

Democratic’s just need to do what Republicans do say F principles and vote party …. Voting based on principles is actually doing nothing and won’t help in the midterm or help them get re elected … .. Dems never learn
Posted from my iPhone/Mobile device

wdmso 09-30-2021 08:55 AM

This is why we tax the rich
the top 10 percent held 69.8 percent of total U.S. net worth (which is the value of all assets a person holds minus all their liabilities). The top 1 percent held about half of that wealth – 32.1 percent, while the next 9 percent held approximately another half at 37.7 percent.

The top 1% of Americans have about 16 times more wealth than the bottom 50%

So 10% have 70% of the wealth of American

(Republican senators and Senate Minority Leader Mitch McConnell, is a repeal of the estate tax.

The #DeathTax is an unfair tax that burdens family farms & ranches. Tragedy & loss shouldn’t be exploited to fill the federal government's coffers. Today, I led colleagues, including @LeaderMcConnell, @MikeCrapo, & many more, to reintro a #DeathTaxRepeal.

That’s a tax paid by only 2,500 of America’s 153 million tax filers, all of whom are (or were) among the richest Americans. Also, 100% of those on whom the tax is levied are dead when the bill arrives.

But Jim says we’ll we got a tax cut…. Again the 2 are not even comparable the only thing they have in common is the words Tax Cut .. The Republicans don’t like the infrastructure bill because it helps Americans and those Americans vote. And they can’t allow Biden to pass something to help Americans the True face of the Republican Party
Posted from my iPhone/Mobile device

Jim in CT 09-30-2021 08:57 AM

Quote:

Originally Posted by wdmso (Post 1215035)
Only Trump has had a lower job approval rating than Biden does during similar points in their presidencies, according to a new poll, which found that the president’s approval rating hit a new low of 43%. Sept 22nd 2021

But Jim is all excited

Democratic’s just need to do what Republicans do say F principles and vote party …. Voting based on principles is actually doing nothing and won’t help in the midterm or help them get re elected … .. Dems never learn
Posted from my iPhone/Mobile device

correct, biden is second to trump at this point. and trump got creamed.

i’m not excited about 2024, nothing that happens today will be remembered in 2024.

Trump implemented policies that Americans actually like. Cut taxes, grew the economy like crazy, stupid low unemployment, low gas prices that were in part due to his willingness to increase american supply, no humiliating international flops, zero inflation ( not all because of him obviously), stick market records ( not all because of him obviously), peace treaties in the middle east, and a lightning quick release of the vaccine ( little to do with him, but happened in his watch).

now we have meaningful inflation, soaring gas prices, a humiliation in afghanistan ( perceived or real is up to you), and a complete disaster at the southern border that more and more people are seeing for what it is, and in fighting within the party between progressives and moderates, and a president who looks more and more feeble. and growing frustration over covid lockdowns and obvious liberal indoctrination of children in schools.

all while there appears to be some
kind of problem with supply of goods into the US Which may soon start frustrating people.


i don’t see a lot of tailwinds helping biden anytime soon. Not all of them are his fault, we’ve been due for inflation, gas prices had nowhere to go but up, and not all covid results are the presidents responsibility.

It’s a challenging time on many fronts, perhaps not the best time to elect an 80 year old Alzheimer’s patient.
Posted from my iPhone/Mobile device

Pete F. 09-30-2021 08:58 AM

Latest WVa poll reveals over 70% of West Virginians support every aspect of the Biden infrastructure bill. Manchin is marching to corporate donor orders, not everyday WVa’ers

scottw 09-30-2021 09:00 AM

Quote:

Originally Posted by Pete F. (Post 1215038)
Latest WVa poll reveals over 70% of West Virginians support every aspect of the Biden infrastructure bill. Manchin is marching to corporate donor orders, not everyday WVa’ers

well, we know that 99.9% of west virginians are uneducated hicks who married their sisters....soooo....I wouldn't put much stock in that nugget

Pete F. 09-30-2021 09:03 AM

In Arizona, 72% supported the American Rescue Plan, with most giving credit to the Democratic Party for passing provisions including vaccine distribution, stimulus checks and expanded child tax credit.

Jim in CT 09-30-2021 09:05 AM

Quote:

Originally Posted by Pete F. (Post 1215038)
Latest WVa poll reveals over 70% of West Virginians support every aspect of the Biden infrastructure bill. Manchin is marching to corporate donor orders, not everyday WVa’ers

i’m not sure Manchin opposes the spending that’s actually aimed at infastructure.

I’m not a “corporate donor”, yet I still
support Manchins priority that our corporate tax rate be very competitively. The entire left endlessly and desperately tries to convince themselves that only the 1% benefit from policy that helps business. most of us either work at a business or buy things from a business or somehow own stock in some business somewhere ( usually in our 401k). what’s good for business, helps all of us. i’m sorry if you despise that fact.
Posted from my iPhone/Mobile device

Pete F. 09-30-2021 09:21 AM

Sorry Jim,
You just eat the baloney and regurgitate it

Before the pandemic, there was 1 person worth $100 billion. Now there are 10.

Before the pandemic, those 10 people were worth $650 billion. Now they are worth $1.4 trillion.

Must have been all the hard labor and risk they took.

scottw 09-30-2021 09:58 AM

Quote:

Originally Posted by Pete F. (Post 1215042)

Before the pandemic, there was 1 person worth $100 billion. Now there are 10.

.

the pandemic has been a huge boon for china, democrats and big tech/corporate entities tied to democrats...hmmmmm

scottw 09-30-2021 10:00 AM

Quote:

Originally Posted by Pete F. (Post 1215040)
In Arizona, 72% supported the American Rescue Plan, with most giving credit to the Democratic Party for passing provisions including vaccine distribution, stimulus checks and expanded child tax credit.

most Americans support the government sending them "free money"

Jim in CT 09-30-2021 10:12 AM

Quote:

Originally Posted by Pete F. (Post 1215042)
Sorry Jim,
You just eat the baloney and regurgitate it

Before the pandemic, there was 1 person worth $100 billion. Now there are 10.

Before the pandemic, those 10 people were worth $650 billion. Now they are worth $1.4 trillion.

Must have been all the hard labor and risk they took.

"Before the pandemic, there was 1 person worth $100 billion. Now there are 10."

(1) so what? would anyone be better off if we burned all that money? They created it, they didn't steal it.
(2) how many are republican, how many are democrat?

"Must have been all the hard labor and risk they took"

You're being sarcastic, but that's what it is. You think you work more hours in a week than Jeff Bezos or Tim Cook?

You are deranged with jealousy, and consumed with the nonsense that one person's wealth was caused by another person's poverty. It doesn't work that way, wealth is not finite, it's not like a pizza. If it were, GDP would be constant.

Pete, just tell me this...how does it hurt you, if Apple's stock performance or Amazon's stock performance makes those CEOs richer? In what way does that have a negative impact on anybody?

Those people pay a boatload of taxes, they invest money which creates jobs, they spend a lot of money which creates jobs, and they give tons to charity.

How are you better off if those people were only half as successful as they are?

I don't think anyone needs a billion dollars, but I could care less if someone has that goal and then achieves it, as long as they do it legally.

"You just eat the baloney and regurgitate it"

This, from the guy obsessed with the wealth 100 private citizens in a country of 330 million.

If you want what they have, do what they did, or stop crying about it.

Pete F. 09-30-2021 10:14 AM

Meanwhile
Rural Americans are dying of Covid at more than twice the rate of their urban counterparts —Exacerbated by the refusal of Republicans to support literally any policy or program that might deliver more accessible and less expensive care to their own supporters…

Jim in CT 09-30-2021 10:16 AM

Quote:

Originally Posted by Pete F. (Post 1215040)
In Arizona, 72% supported the American Rescue Plan, with most giving credit to the Democratic Party for passing provisions including vaccine distribution, stimulus checks and expanded child tax credit.

Trumps tax cuts also greatly expanded the child tax credit, that saved me almost $3500 a year. How come you didn't post about what a good thing it was when Trump did the same exact thing?

Pete F. 09-30-2021 10:33 AM

Quote:

Originally Posted by Jim in CT (Post 1215048)
"Before the pandemic, there was 1 person worth $100 billion. Now there are 10."

(1) so what? would anyone be better off if we burned all that money? They created it, they didn't steal it.
(2) how many are republican, how many are democrat?

"Must have been all the hard labor and risk they took"

You're being sarcastic, but that's what it is. You think you work more hours in a week than Jeff Bezos or Tim Cook?

You are deranged with jealousy, and consumed with the nonsense that one person's wealth was caused by another person's poverty. It doesn't work that way, wealth is not finite, it's not like a pizza. If it were, GDP would be constant.

Pete, just tell me this...how does it hurt you, if Apple's stock performance or Amazon's stock performance makes those CEOs richer? In what way does that have a negative impact on anybody?

Those people pay a boatload of taxes, they invest money which creates jobs, they spend a lot of money which creates jobs, and they give tons to charity.

How are you better off if those people were only half as successful as they are?

I don't think anyone needs a billion dollars, but I could care less if someone has that goal and then achieves it, as long as they do it legally.

"You just eat the baloney and regurgitate it"

This, from the guy obsessed with the wealth 100 private citizens in a country of 330 million.

If you want what they have, do what they did, or stop crying about it.

Rant much?

You’re right. It takes thousands of people working for almost nothing to make someone a billion dollars. Capitalism will eat itself.

The share of American adults who live in middle-income households has decreased from 61% in 1971 to 51% in 2019. This downsizing has proceeded slowly but surely since 1971, with each decade thereafter typically ending with a smaller share of adults living in middle-income households than at the beginning of the decade.

scottw 09-30-2021 10:36 AM

Quote:

Originally Posted by Pete F. (Post 1215052)

Rant much?

.

from the guy that cuts and pastes encyclopedic volumes.....:kewl:

scottw 09-30-2021 10:36 AM

Quote:

Originally Posted by Pete F. (Post 1215052)

It takes thousands of people working for almost nothing to make someone a billion dollars.

.

this is stupid.....

Pete F. 09-30-2021 10:47 AM

Quote:

Originally Posted by Pete F. (Post 1215040)
In Arizona, 72% supported the American Rescue Plan, with most giving credit to the Democratic Party for passing provisions including vaccine distribution, stimulus checks and expanded child tax credit.

Quote:

Originally Posted by Jim in CT (Post 1215050)
Trumps tax cuts also greatly expanded the child tax credit, that saved me almost $3500 a year. How come you didn't post about what a good thing it was when Trump did the same exact thing?

As I have stated previously, I wanted Trump gone, he is, I'm glad and you are sad.

Pete F. 09-30-2021 10:50 AM

Quote:

Originally Posted by scottw (Post 1215039)
well, we know that 99.9% of west virginians are uneducated hicks who married their sisters....soooo....I wouldn't put much stock in that nugget

Quote:

Originally Posted by scottw (Post 1215046)
the pandemic has been a huge boon for china, democrats and big tech/corporate entities tied to democrats...hmmmmm

Quote:

Originally Posted by scottw (Post 1215047)
most Americans support the government sending them "free money"

Quote:

Originally Posted by scottw (Post 1215054)
this is stupid.....

:huh:

Jim in CT 09-30-2021 10:56 AM

Quote:

Originally Posted by Pete F. (Post 1215052)
Rant much?

You’re right. It takes thousands of people working for almost nothing to make someone a billion dollars. Capitalism will eat itself.

The share of American adults who live in middle-income households has decreased from 61% in 1971 to 51% in 2019. This downsizing has proceeded slowly but surely since 1971, with each decade thereafter typically ending with a smaller share of adults living in middle-income households than at the beginning of the decade.

You still won't answer my question.

How is anyone better off, if the 100 wealthiest people were only half as successful?

Are you saying that if they were less successful, that their lost wealth would necessarily go to the less fortunate? It doesn't work that way, because they created their wealth, they didn't steal it.

Christ, what a stupid, devoid-of-any-logic, broken record.

I agree that it's not fair that there are billionaires and poor people. But one person's wealth has nothing to do with another person's poverty. They're not connected to each other.

Ands as Scott correctly said, even if you took every cent that the billionaires have, it's nothing compared to the federal budget.

If you dont have what you want in life, and you want to know why, the answer isn't on the cover of Forbes magazine, it's much more likely that the answer is staring at you in the mirror.

Your premise is stupid, it has no logic to it, and it's completely refuted by the math, which clearly shows that tweaking tax rates on the wealthy doesn't add up to much.


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