Joe Biden Is Electrifying America

[SummerMadness]

Joe Biden Is Electrifying America

The best argument for President Biden’s three-part proposal to invest heavily in America and its people is an echo of Franklin Roosevelt’s explanation for the New Deal.

“In 1932 there was an awfully sick patient called the United States of America,” Roosevelt said in 1943. “He was suffering from a grave internal disorder … and they sent for a doctor.”

Paging Dr. Joe Biden.

We should be cleareyed about both the enormous strengths of the United States — its technologies, its universities, its entrepreneurial spirit — and its central weakness: For half a century, compared with other countries, we have underinvested in our people.

The most important thread of Biden’s program is his plan to use child allowances to cut America’s child poverty in half. Biden’s main misstep is that he would end the program in 2025 instead of making it permanent; Congress should fix that.

The highest return on investment in America today isn’t in private equity but in early childhood initiatives for disadvantaged kids of all races. That includes home visitations, lead reduction, pre-K and child care.

The United States has always been prosperous when it invests in its people, shouldn't we go back to the model that made this country prosperous? Shouldn't we select models that have a better return on investment?

 

[Fantine]

Of course we should.

Some Americans may be lulled into a false sense of security, thinking that when the stock market's happy, everybody's happy. TBT, 80% of capital gains go to the top 10%, and about 40% go to the top 1%.

Did you know (shocking fact) that if you have money in an IRA or 401K that when you withdraw it when you retire you are not paying taxes at capital gains rates but at ordinary income rates, even if you had your money invested in stocks the entire time?

Do you know that if you die with let's say $500,000 in stocks you bought for $100K over the years, that your children will inherit the $500,000 without paying any estate taxes--and that if they cash in the stocks a month after you die for $505,000 they will only pay capital gains taxes on $5,000?

But if you die and leave your children $500,000 in an IRA, they will have to put their shares into their own IRA's and won't even be able to spend the money without penalty until they're 59?

If the stock market's happy, it means little to average Americans. They should be stewing that businesses took their corporate tax cuts and, instead of increasing wages or hiring more people, they bought back stock to raise stock prices for the 1%.

Education and other intiatives to help children will lift up opportunities for children, for families, and for future generations. It is a far better investment than tax cuts.

The truest statement Biden made on 4/27 was that "Trickle down economics has never worked."

 

[TLK Valentine]

Joe Biden Is Electrifying America



The United States has always been prosperous when it invests in its people, shouldn't we go back to the model that made this country prosperous? Shouldn't we select models that have a better return on investment?

Hmmm...

"The most important thread of Biden’s program is his plan to use child allowances to cut America’s child poverty in half. Biden’s main misstep is that he would end the program in 2025 instead of making it permanent; Congress should fix that."

Not a misstep; political genius.

If Biden is re-elected (or Harris or some other Democrat takes the helm) in 2024, he can score some political points by extending it then.

If the GOP takes back the White House, they can either extend it, or commit political hara-kiri by letting it die on their watch.

 

[civilwarbuff]

Joe Biden Is Electrifying America



The United States has always been prosperous when it invests in its people, shouldn't we go back to the model that made this country prosperous? Shouldn't we select models that have a better return on investment?

Opinion
Nicholas Kristof

Joe Biden Is Electrifying America Like F.D.R.
Nice opinion piece; too bad it is lacking in facts.......

 

[SummerMadness]

Opinion
Nicholas Kristof

Joe Biden Is Electrifying America Like F.D.R.
Nice opinion piece; too bad it is lacking in facts.......

Because no one posts opinion pieces on this forum...

 

[TLK Valentine]

Opinion
Nicholas Kristof

Joe Biden Is Electrifying America Like F.D.R.
Nice opinion piece; too bad it is lacking in facts.......

We are all awed and humbled by the depth of this scathing rebuttal.

 

[civilwarbuff]

Because no one posts opinion pieces on this forum...

Well, not no one......you do.

 

[TLK Valentine]

Well, not no one......you do.

In all fairness, what would be the point of posting "facts" to people who don't believe in facts?

 

[Oneiric1975]

The United States has always been prosperous when it invests in its people, shouldn't we go back to the model that made this country prosperous?

No. We are now living in a different dispensation. We had the 1950's-1970's to "invest in people". We're done with that. Now we have decided that money should go to the people who will use it best: the ultrawealthy. Turns out poor people, while they spend money and keep the economy rolling, don't do a great job buying legislators. Legislators got a bit more expensive over the years so we had to start putting more money into that.

 

[disciple Clint]

Joe Biden Is Electrifying America



The United States has always been prosperous when it invests in its people, shouldn't we go back to the model that made this country prosperous? Shouldn't we select models that have a better return on investment?

More propaganda, I hope people see what is going on.

 

[TLK Valentine]

More propaganda, I hope people see what is going on.

I believe it's called "hope."

 

[98cwitr]

I believe it's called "hope."

When we place our hope in government, surely tyranny is given a foothold. The amount of people begging for more government is astounding, and disheartening.

FDR's policies was the fabric that created the foundations for government dependency, forced and forces the fruits of our labors from us, and lays the tracks to transport us into socialism. No thanks. Get all of it repealed....all of it.

 

[TLK Valentine]

When we place our hope in government, surely tyranny is given a foothold.

When we lose hope in government, surely anarchy is given a foothold.

The amount of people begging for more government is astounding, and disheartening.

The amount of people who until recently begged for the government of one man (and charged the Capitol, doing a lot more than begging) was downright frightening.

FDR's policies was the fabric that created the foundations for government dependency, forced and forces the fruits of our labors from us, and lays the tracks to transport us into socialism. No thanks. Get all of it repealed....all of it.

The alternative was the Great Depression and economic collapse. Perhaps you would've preferred that, but I, for one, am glad FDR fulfilled his Constitutional mandate and did what needed doing to protect the country.

 

[98cwitr]

When we lose hope in government, surely anarchy is given a foothold.

One can lose hope in the federal government and still have hope in their lower ones. If one lost all hope in all government, then yes.

The amount of people who until recently begged for the government of one man (and charged the Capitol, doing a lot more than begging) was downright frightening.

Yeah, pales in comparison to Ms. Susan Rosenberg and her friends though...can you imagine if one of them had set a bomb off in the Senate building? Whew...now THAT would have really fit the definition! But yet, are we to forget real insurrections and instead skew the definition to fit that of someone hopping through a window and getting shot by police?

The alternative was the Great Depression and economic collapse. Perhaps you would've preferred that, but I, for one, am glad FDR fulfilled his Constitutional mandate and did what needed doing to protect the country.

"protection" at the cost of the American people. Seems unconstitutional.

 

[TLK Valentine]

One can lose hope in the federal government and still have hope in their lower ones. If one lost all hope in all government, then yes.

The lower governments are subservient to the federal government. We are still the United States of America.

If nothing else, the Federal government can set a positive example for the lower ones... something it has failed/refused to do in recent history.

Yeah, pales in comparison to Ms. Susan Rosenberg and her friends though...can you imagine if one of them had set a bomb off in the Senate building? Whew...now THAT would have really fit the definition!

Well, she didn't, so your hypothetical is but a momentary distraction.

But yet, are we to forget real insurrections and instead skew the definition to fit that of someone hopping through a window and getting shot by police?

Hopping through a window of the US Capitol while chanting "Hang Mike Pence!" doesn't seem very skewed to me.

As for getting shot by police, who was it that said, "When the looting starts, the shooting starts"?

"protection" at the cost of the American people. Seems unconstitutional.

Without it, what would have been left to protect.

Don't think for a moment that I don't love the Constitution, but you know what they say about desperate times...

 

[98cwitr]

The lower governments are subservient to the federal government. We are still the United States of America.

10th amendment is still a thing. Article V permits the states to change the Constitution.

If nothing else, the Federal government can set a positive example for the lower ones... something it has failed/refused to do in recent history.

We will differ in what we consider "positive" then.

Well, she didn't, so your hypothetical is but a momentary distraction.

She didn't what?

Hopping through a window of the US Capitol while chanting "Hang Mike Pence!" doesn't seem very skewed to me.

If she had a weapon or some rope, I'd buy what your comment's selling. I'm not though.

As for getting shot by police, who was it that said, "When the looting starts, the shooting starts"

What was she looting? Do you support that saying or attitude?

Without it, what would have been left to protect.

The rights of the people; that's always been the purpose of government.

Don't think for a moment that I don't love the Constitution, but you know what they say about desperate times...

Most days, I wake up and come to CF, and am more and more convinced the Constitution is in jeopardy. I am rather convinced people are willing to sell off their rights for money they didn't earn.

 

[jayem]

FDR's policies was the fabric that created the foundations for government dependency, forced and forces the fruits of our labors from us, and lays the tracks to transport us into socialism. No thanks. Get all of it repealed....all of it.

You’re living 150 years in the past. We love what little socialism we have. (Which is more properly termed a social safety net.) If you’re serious, you should try running for office on a platform of repealing Social Security, or Medicare, or unemployment. See how far you get.

 

[civilwarbuff]

If you’re serious, you should try running for office on a platform of repealing Social Security, or Medicare, or unemployment.

Unemployment taxes are only paid by the employer not the employee. As far as Medicare & SS are concerned if everyone was going to receive a refund for everything they paid in, their employer paid in and the accumulated interest received.....yeah, there might be some serious interest in that since you can do much better return wise in the market. But to do what you suggest, just give it up and walk away......only a fool would do that.

 

[98cwitr]

You’re living 150 years in the past. We love what little socialism we have. (Which is more properly termed a social safety net.) If you’re serious, you should try running for office on a platform of repealing Social Security, or Medicare, or unemployment. See how far you get.

I'd rather adhere to the founding principles of this country, namely for the sake of liberty for her people and the next generation, than bend the knee to socialists and tyrants. I have children to keep free and neighbors and countrymen I have concern for. I don't want to see them robbed (of their liberties or the fruits of their labors) either.

Why does it seem a large faction wants to be slaves to the state these days? Has history taught us nothing of socialist implementations, or are these members of said faction just ignorant of that history? Maybe they want to be slaves. Peaceful slavery is definitely easier than dangerous freedom, at least temporally.

 

[TLK Valentine]

10th amendment is still a thing. Article V permits the states to change the Constitution.

IF enough of the states work together. One way or another, we are united.

We will differ in what we consider "positive" then.

Obviously.

She didn't what?

Get convicted for bombing the Senate --those charges against her were dropped.

In any event, that attack on the Capitol was far more coordinated and professional than the 1/6 riot... even though, as a terrorist attack, it was doomed to political failure (terrorism tends to backfire drastically in that regard).

If she had a weapon or some rope, I'd buy what your comment's selling. I'm not though.

Those who did have weapons and rope found her to be a useful bullet shield... proof that even the dumbest would-be "army" knows the value of cannon fodder.

What was she looting? Do you support that saying or attitude?

I didn't care for it when it was said, but if we cannot have justice, perhaps we can at least have consistency. Either it was right then as well as now, or it was wrong then as well as now.

Like you, I don't approve when either side loots or riots.
I, however, acknowledge that both sides have done it.

The rights of the people; that's always been the purpose of government.

The dead have no rights to protect... the government has to keep us alive to do its job.

Most days, I wake up and come to CF, and am more and more convinced the Constitution is in jeopardy.

Is the sky actually falling, or just in a rapid descent?

I am rather convinced people are willing to sell off their rights for money they didn't earn.

Ignoring the fact that "earned" is a subjective term, what will they do with that money if they get it?