so a few days after the Hill stole $300B from the middle class to give to Big Tech and the world's richest man, Senator Manchin caved and the govt will now steal another $1.2 TRILLION in the form of taxes for (what else?) climate change.
imagine thinking you will tax your way out of a recession? brilliant
$740B raised by revising tax code including raising corporate tax and closing a supposed interest rate loop hole.
$433B in ahemm "climate related programs" and some Obamacare bullshit
and it's $1.173T today but there's plenty of time to add some new dollars before the bill is voted on next week. Remember the whole Manchin charade was because he wouldn't back a $1.75B bill so watch them use up that $577B difference before the vote.
Our govt is a farce. Our elected reps are criminals
imagine thinking you will tax your way out of a recession? brilliant
$740B raised by revising tax code including raising corporate tax and closing a supposed interest rate loop hole.
$433B in ahemm "climate related programs" and some Obamacare bullshit
and it's $1.173T today but there's plenty of time to add some new dollars before the bill is voted on next week. Remember the whole Manchin charade was because he wouldn't back a $1.75B bill so watch them use up that $577B difference before the vote.
Our govt is a farce. Our elected reps are criminals
numbers mean something
152.5 million people were employed right before the Lockdowns, 151.9 million were employed last month. We have NOT added a million jobs in fact we're still more than a half million short of where we were 2 years ago.
Even worse our Labor Participation Rate was 63.5% in 2020 and that hasn't recovered at all. It was on the uptick to 62.4% in March but is dropping again, down to 62.2% one of the worst rates in the developed world. We are barely above 50% LPR for ages <25 while a country like Netherlands is nearly 80%. We are fucked
152.5 million people were employed right before the Lockdowns, 151.9 million were employed last month. We have NOT added a million jobs in fact we're still more than a half million short of where we were 2 years ago.
Even worse our Labor Participation Rate was 63.5% in 2020 and that hasn't recovered at all. It was on the uptick to 62.4% in March but is dropping again, down to 62.2% one of the worst rates in the developed world. We are barely above 50% LPR for ages <25 while a country like Netherlands is nearly 80%. We are fucked
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