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Bidenomics May Repeat FDR’s Blunder. Democrats propose new taxes similar to those that plunged America back into depression in 1937.
Wall Street Journal ^ | September 28, 2020 | Jay Starkman

Posted on 09/29/2020 11:57:29 AM PDT by karpov

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1 posted on 09/29/2020 11:57:29 AM PDT by karpov
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To: karpov

Buying a slurpy machine. Cash only.


2 posted on 09/29/2020 12:01:01 PM PDT by griswold3 (Democratic Socialism is Slavery by Mob Rule)
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To: karpov

The people just have no idea about the nightmare awaits them if Biden gets in. The MSM has kept the manifesto completely hidden.


3 posted on 09/29/2020 12:01:25 PM PDT by iamgalt
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To: karpov; knighthawk; Army Air Corps; beaversmom; CondoleezzaProtege
Great article.

Thank You for posting.

4 posted on 09/29/2020 12:02:06 PM PDT by KC_Lion
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To: karpov

PS. Mark Zanzibar, Moody’s, stated yesterday that a Dem House, Senate and Presidency will be a boom for the economy.


5 posted on 09/29/2020 12:02:18 PM PDT by griswold3 (Democratic Socialism is Slavery by Mob Rule)
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To: karpov

l8r


6 posted on 09/29/2020 12:02:27 PM PDT by preacher ( Journalism no longer reports news, they use news to shape our society.)
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To: griswold3

Zandy


7 posted on 09/29/2020 12:02:37 PM PDT by griswold3 (Democratic Socialism is Slavery by Mob Rule)
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To: karpov

The Dem 2020 slogan appears to be: Beatings will continue until morale improves.


8 posted on 09/29/2020 12:07:42 PM PDT by mewzilla (Break out the mustard seeds.)
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To: griswold3

Only if “the economy” consists of government employment.


9 posted on 09/29/2020 12:12:37 PM PDT by reg45 (Barack 0bama: Gone but not forgiven.)
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To: karpov

Few people study history these days.


10 posted on 09/29/2020 12:17:31 PM PDT by Huskrrrr
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To: karpov

They are hell bent on fulfilling Barry the Muslim’s dream of Destroying this Country, just like 1861, only this time they want Everyone Enslaved


11 posted on 09/29/2020 12:17:37 PM PDT by eyeamok
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To: karpov

And they still managed to blame Herbert Hoover.


12 posted on 09/29/2020 12:25:40 PM PDT by FroggyTheGremlim (I'll be good, I will, I will!)
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To: griswold3

Why would we need a tax hike under MMT? Or any taxes at all?


13 posted on 09/29/2020 12:26:18 PM PDT by Kenny500c
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To: Kenny500c

Why does everyone keep talking about what biden will do? he won’t be there in less that 2 weeks after the election.


14 posted on 09/29/2020 12:28:05 PM PDT by oldasrocks
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To: karpov

Everyone should read The Roosevelt Myth by John T Flynn.
It details how FDR twice plunged the country back into deep depression and how his socialist utopia oppressed the small businesses with unbelievable rules and regulations to make it “fair” to all and to control economic output.


15 posted on 09/29/2020 12:30:38 PM PDT by RJS1950 (The democrats are the "enemies foreign and domestic" cited in the federal oath)
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To: iamgalt

The “soak the rich” promise, which is an example of class envy run amok, was and is another “freebie” dangled before the gullible public, but the only result is, the “rich” either go into headlong capital flight, or they “adjust” their cash flow so as to make themselves appear less “rich” than their neighbors believe them to be.

Overall tax revenue FALLS far below the renewed demands put upon government resources, and distribution of goods and services sinks to the poverty level for EVERYBODY, except, of course, a few on the margins who deal in a black market, off the books.


16 posted on 09/29/2020 12:38:56 PM PDT by alloysteel ("The Best Is Yet to Come "- theme of 2020 RNC)
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To: karpov

Read: FDR’s Folly - it will show you exactly what’s going to happen.


17 posted on 09/29/2020 12:39:16 PM PDT by SkyDancer (~ Pilots: Looking Down On People Since 1903 ~)
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To: karpov

Yes this country would go into about a 2 year recession that is unavoidable with Biden have a strategy now just in case


18 posted on 09/29/2020 12:49:56 PM PDT by Lod881019
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To: karpov

If he wins and this happens, they will blame it on Trump and the press will run that story for the next 15 years.


19 posted on 09/29/2020 1:03:11 PM PDT by shotgun
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To: Kenny500c

I think I’m turning Japanese
I think I’m turning Japanese
I really think so.


20 posted on 09/29/2020 1:18:53 PM PDT by griswold3 (Democratic Socialism is Slavery by Mob Rule)
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