Posted on 03/24/2022 4:55:31 AM PDT by MtnClimber
Democrats have no idea how the real world works because they typically have no experience outside of government.
Rampant inflation got you down? Don't worry: Democrats are here to help! Rep. Mike Thompson (D-Calif.), Rep. John Larson (D-Conn.), and Rep. Lauren Underwood (D-Ill.) have proposed a bill that would give every American $100 each month to help offset the scourge of rapidly rising inflation.
CBS News noted of the proposal, which is being called the Gas Rebate Act: "The gas stimulus would 'provide middle-class Americans with monthly payments to ease the financial burden of this global crisis,' Thompson said in a statement about the proposal."
Not to be outdone, Rep. Ro Khanna (D-Calif.) and Sen. Sheldon Whitehouse (D-R.I.) have put forth a second proposal, one that would provide a quarterly rebate to consumers based on a tax levied on oil and gas companies. According to a statement from the two lawmakers, their "Big Oil Windfall Profits Tax" would charge a per-barrel tax equal to 50% of the difference between the current price of a barrel of oil and its pre-pandemic average price between 2015 and 2019. Khanna and Whitehouse claim to have calculated that if the per-barrel price is, say, $120, the tax would raise about $45 billion a year — providing single filers with $240 annually and joint filers with $360 per year. (Another marriage penalty?)
When you really think of it, this is mind-blowing. And counterproductive. Democrats want to offset the negative effects of their own policies by trying to buy our votes? And the money they would send us would have to be taken from us taxpayers in the first place, be printed out of thin air, or just be added to our already astronomical national debt.
(Excerpt) Read more at americanthinker.com ...
How can someone be such an idiot? they seem to be in competition with each other like an idiot Olympics.
Their solution to everything is. . . . Spend more money.
Don’t forget the WIN buttons. Whip Inflation Now. Peanut head can do the public service announcements.
The gold medal winning idiot will be the one that sells price controls to the morons running things in DC.
“Dig! Dig your way out of a hole!!!” ~ Demon McDemoncrap, Snakeoil Salesman Extraordinaire.
... and the only solution they can come up with is to spend more of our tax money, so that they can tax us even more as we spend on more on food, gas and other essentials.
The whiny little peasants are crying about inflation and gas prices. Let us take a short break to look like we are doing something.
They cannot possibly think they can buy my vote that cheap? they need to put some real cash on the table.
I thought their solution for us is to take public transportation. But since they can print so much money, maybe they should simply buy each of us an electric car.
Stupidity for sure! What idiots! But the dumb and dumber think this will be great!
Yes, it would be inflationary. But it serves the higher purpose of making the folks dependent on government, so that, even as the price goes up some more, government can increase the handout in a never-ending spiral that ends when the currency collapses.
When dumb met dumber.....
But hey, let the Leftist DEMs keep digging that whole deeper and deeper. One can only pray they dig themselves into extinction......
It worked in Georgia!
claim to have calculated that if the per-barrel price is, say, $120, the tax would raise about $45 billion a year…
There their first mistake. Dems cannot ‘calculate’.
Like spending trillions of dollars to change the weather/climate ,LOL
Morons. Every single Democrat.
When I saw “Democrats propose”...right away I spotted the fly in the ointment. Give away in one hand & take away (a little more) in another hand. Get our oil & gas flowing again; that might make a real difference. Liberals should know better by now, but this country heavily depends on oil; in fact we would be at a dead stop without it.
Democrats propose inflationary bill to offset inflation everybody bend over grab ankles it’s going to hurt.
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