Posted on 08/16/2024 3:18:34 PM PDT by thegagline
Former President Donald Trump laid out his economic policies and vision for the country at a rally in North Carolina on Wednesday, promising to keep intact the Affordable Care Act, Social Security and Medicare .
“A lot of people are very devastated by what’s happened with inflation,” Trump said in Asheville. “I gave Harris and Biden an economic miracle and they quickly turned it into an economic nightmare.”
*** Trump discussed his plans for “No Tax on Tips” and “No Tax on Social Security,” calling out Harris – who vists the state on Friday – for announcing a similar no tax on tip plan after Trump.
“To help seniors on fixed incomes who are suffering the ravages of inflation, there will be no tax on Social Security,” Trump said. “With this vote, I will end this injustice.”
Lower health care costs are also in his economic agenda.
Trump promised that, if he is reelected, he will return the country to an “economic boom.”
“From the day I take the oath of office, we will rapidly drive prices down and make America affordable again,” Trump said. “Harris price hikes have cost the typical household $28,000.”
*** Trump promised that his administration will make it a priority to lower inflation.
“On my first day back in the Oval Office, I will sign an executive order directing every Cabinet secretary and agency head to use every tool and authority at their disposal to defeat inflation and bring consumer prices rapidly down,” Trump said. “I will instruct my Cabinet that I expect results within the first 100 days, or much sooner.”
(Excerpt) Read more at nypost.com ...
 Hey! FReepers! Help Fill The Tank! How About It? Huh? It Ain't Askin' Too Much Ya Know.... Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794 Thank you very much and God bless you. |
Promising to leave Obamacare, Medicare, and Social Security intact all while lowering inflation. What is largely driving inflation is the government spending/printing money. The interest payments on the federal debt now exceeds the defense budget .
You’re right! It’s obvious we MUST vote for Skamala! She’ll fix all of our problems. 🤣
Think Trump is copy catting Knee Pad Harris...wants to protect Obamacare! What is wrong with him!
Medicare Part B
$100 doctor bill
$20 patient co-pay
$20 covered by Part B premiums
$60 paid via taxation
doctor pays ~40% marginal 1040 rate
staffers pay ~27% marginal rate
~$33 paid via doctor office earned income taxation
~$27 paid by outside party taxation, including that of corporations
Both sides are promising to magically reduce inflation while increasing spending. Who would have thought that by 2024 Bill Clinton would be too conservative not only for the Democratic Party but the Republican as well.
“Actual Medicaid enrollment in 2021 for people below the age of 65 was 71.6 million people.”
“according to CBO’s latest estimates, the cost of the ACA will be $204 billion in 2022: $116 billion from the Medicaid expansion, $78 billion from the [premium tax credits] PTCs, and $10 billion on its Basic Health Program, an alternative to the PTCs for lower-income enrollees in the states of New York and Minnesota.”
“Only 4.5 million people who are lawfully present in the United States lack health insurance and are not eligible for Medicaid, PTCs to buy an exchange plan, or employer-sponsored insurance. This is only 1.7 percent of the American under-65 population and indicates that most people without health insurance have made a voluntary decision to be uninsured.”
RE: Where have all the fiscal conservatives gone?
Long time passing.
Gone to be budget busting soldiers every one.💸💸💸💸💸💸💸
When will they ever learn?
When will they ever learn?📻🎶🎶🎸🎸
“wants to protect Obamacare! What is wrong with him!”
What would you like him (actually Congress) to do instead?
I’m still waiting for Trump’s “beautiful” plan to replace Obamacare.
ObamaCare has become a third rail, just like Social Security.
“Social Security” is thievery and fraud, invented by a fascist democRAT.
Promising to continue committing thievery and fraud is the height of dishonorable behavior.
The HONORABLE thing to do is get government OUT of the business of providing retirement income.
You know this, I know this, we all know this.
The first question is “which politician or group thereof is man enough to do it?” The second question is “are Americans really interested in being free, or are they content to be wards of the State in their old age?”
If the FDA was abolished, all new drugs for the US market would have to be approved by say Health Canada or the EU equivalent of the FDA.
The Canadian/EU drugs would simply be imported into the US and would sell for just marginally more than in Canada or the EU.
Democrats Have No Hope in Battle for Senate Majority
Republicans say Dems ‘need to pitch a perfect game’ to keep GOP from taking over
By Lindsay Wise, Aug. 15, 2024, wsj.com
WASHINGTON—Heading into the Democratic National Convention next week, Senate Majority Leader Chuck Schumer is making a bold prediction: Not only will Democrats hold on to their slim Senate majority, they might even expand it.
Schumer’s buoyant mood reflects the renewed hopes of his party after Vice President Kamala Harris replaced President Biden as the party’s 2024 nominee to face off against Republican Donald Trump. Harris has improved the Democratic ticket’s numbers in national polls and surveys of battleground states, bolstering hopes that the party can not only win the White House but also keep its precarious majority in the Senate, which it currently controls 51-49.
“We’re feeling great about our Senate races and about keeping the Senate—and even gaining a seat or two,” Schumer said in an interview before traveling to the Chicago party gathering. The Democratic ticket “is so strong, you’re feeling it in every part of the Democratic Party and every part of the country,” Schumer said.
Republicans scoff at the New York Democrat’s optimism, and election analysts see it as an uphill climb. Republicans are targeting more than a half dozen competitive seats to move to their column, while Democrats are only eyeing two long shots, giving the GOP a clear advantage. Which party controls the Senate will be critical to the next president’s agenda, including the White House’s ability to pass legislation and confirm cabinet officials, judges and other nominees.
snip
Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved.
Obamacare-GUT IT! Just don’t say it until Jan. 20. One year to come up with a plan effective Jan. 1, 2026. Just make sure it covers EVERYBODY.
Social Security came about after the banks went bust in early 1933 and the stock market sank after 1929.
FDR had lots of older people working to earn the relatively small amount of money they needed and lots of younger folks not working at all.
A young man in the 1930s was happy to finally get a job an older person no longer needed even if it required about a buck taken out of each paycheck.
Today Ma & Pa Altvolk might get $2000/month in Social Security and their children might be paying $1500/month in FICA and SE tax.
Dare Obama to debate JD on the subject just before the congressional vote. Obama might scare enough rinos to keep it in place. Call him out.
He’s “protecting” it which doesn’t mean he’s not gonna tweak it in the future.
Yup
Good one!
I saw Peter, Paul, and Mary do (sort of) this song.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.