What specific bill is this in reference to because all these bills are bad for the economy?
You see more articles every day asking the question if someone were to destroy America, can you think of anything they would do differently than Beniidect Biden?
“Beef-up our emergency savings accounts” I’ve been doing that since January 20th, 2021.
You left out prayer and ammo.
AH, NO. In order to survive, they are going to cut to the bone. They are going to send divisions overseas and they are going to layoff workers en mass.
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Absolutely spot on correct. You just forgot to add that they will also raise the prices they charge for their products. More inflation. More unemployment.
Dems are absolute geniuses at achieving exactly the 180 degree opposite result from their claimed policy goals.
What does he think large corporations are going to do?
Pass the tax increase on to the consumer like they always do.
No, you were clear and we are doing the buying of staples and keeping ahead of the other type of supplies. Also keeping our powder dry.
Where lefties are involved don’t ascribe to incompetence what can be explained by malice. Until proven otherwise, we must accept they’re aiming towards the end we’re obviously heading to. Only question is what do they stand to gain from dismantling this country. Might be nothing more than the satisfaction of destroying a hated enemy; a kind of Samson option.
A little off topic but the very large multinational my wife works for missed their projected sales goals for the second quarter in a row, before this they never missed a sales goal in 20 years but often exceeded them often by double digits.
This ABSOLUTELY is a serious situation, I’m not making light of it at all, but it reminded me of this scene from a Three Stooges short. Start at 13:00-
https://www.youtube.com/watch?v=vgDloHcKNVc
This IS the Biden presidency.
What happens when you increase taxes on corporations?
1. They increase prices so they can maintain profit margin and the customer who buys from them pays the tax. A tax on a corporation is a tax on the consumer, you and me.
2. They cut staff. It is cheaper to pay overtime as each staff member cut means less benefit costs such as health, retirement, bonuses, vacation pay, etc. You may lose your job.
3. Consumers cut down on purchases due to increasing cost of goods thus slowing the economy and making the recession deeper and longer. You may lose your job.
4. Government expenses go up due to increased payments for unemployment, welfare, social services etc. They borrow the money for this. This drives up inflation. They will then increase taxes on all of us. You will go broke.
Biden’s economic policies are idiocy unless he wants the economy to crash and burn. If it is the later, it is genius.
5.
Take a breath. Dont get overwrought.