Biden’s American Jobs Plan Poll and discussion

[Sparagmos]

If money were no object, which items in Biden’s "American Jobs Plan?" would you support?

I’d like to request that folks who wish to debate whether or not we have the money to afford the plan first share their answer to the question above.
https://www.whitehouse.gov/briefing...2021/03/31/fact-sheet-the-american-jobs-plan/
FACT SHEET: The American Jobs Plan | The White House

 

[Sparagmos]

I would support all items as listed in the plan. When the bill drops, I may find some things I don’t like.

 

[jacks]

"Money being no object" is a big If, but I think I would support the majority of the proposals. HERE is a site that lays it out in an easier to read format.

 

[mark46]

I believe that the voters support the key components of the bill. Their support is even stronger when they know that the spending is accompanied by increases in corporate taxes and taxes on the rich.

 

[Sparagmos]

"Money being no object" is a big If, but I think I would support the majority of the proposals. HERE is a site that lays it out in an easier to read format.

Thanks for that link, it is easier to read.

 

[mark46]

This proposal will require only 60 votes. The issues will be how much the moderates will demand. For openers, they want a removal of the limit on the deductions for state and local taxes, a limit that greatly affects high tax states (mostly Democratic).

 

[Mountainmike]

If money was no object let’s make everyone millionaires, not just a thousand.

Oh wait...

It didn’t work in the Weimar Republic, with the Italian lira, or Venezuela so wheelbarrows of money got dumped when hyper inflation reduced the value to less than a loaf of bread.

History says unequivocally that borrowing to invest in PRODUCTIVE infrastructure reaps rewards. It’s how pre war America became Rich. So big tick for those, except you will find WTO will kill exports because of state aid.

The rest just makes inflation. Take prime minister Callahan in the U.K. “invested” massively in public sector jobs, and in the end in his biography, says it didn’t create a single lasting job. Just a big hole, debt and inflation. Spending is not investing unless it has real return and makes money.

Socialists never learn. They always run out of other people’s money.

 

[Sparagmos]

I believe that the voters support the key components of the bill. Their support is even stronger when they know that the spending is accompanied by increases in corporate taxes and taxes on the rich.

If money was no object let’s make everyone millionaires, not just a thousand.

Oh wait...

It didn’t work in the Weimar Republic, with the Italian lira, or Venezuela so wheelbarrows of money got dumped when hyper inflation reduced the value to less than a loaf of bread.

History says unequivocally that borrowing to invest in PRODUCTIVE infrastructure reaps rewards. It’s how pre war America became Rich. So big tick for those, except you will find WTO will kill exports because of state aid.

The rest just makes inflation. Take prime minister Callahan in the U.K. “invested” massively in public sector jobs, and in the end in his biography, says it didn’t create a single lasting job. Just a big hole, debt and inflation. Spending is not investing unless it has real return and makes money.

Socialists never learn. They always run out of other people’s money.

Hi Mike -

per the request in the OP, can you answer the question of what items, if any, you would support if money was no object? That is the main topic of the thread.

 

[WonbyOneanddone]

If money were no object, which items in Biden’s "American Jobs Plan?" would you support?

I’d like to request that folks who wish to debate whether or not we have the money to afford the plan first share their answer to the question above.
FACT SHEET: The American Jobs Plan | The White House

If money were not object, why then do we need jobs?

 

[Pommer]

If money were not object, why then do we need jobs?

Swing and a miss.

As to the OP: Yes, let’s spend money here at home instead of the $725 billion we shovel to the DoD every year...see if they can squeak by on $500 B for a few years?
ETA: Wow, this is harder than it seems.

 

[WonbyOneanddone]

Swing and a miss.

As to the OP: Yes, let’s spend money here at home instead of the $725 billion we shovel to the DoD every year...see if they can squeak by on $500 B for a few years?
ETA: Wow, this is harder than it seems.

When it comes to spending money, the only party that is in opposition to spending money is the party that is out of power. The other minority party then sits in a dark corner pouting telling the world how dreadful the spending has gotten and what terrible problems the created debt will cause.

This has led to a $30 trillion debt that is climbing exponentially.

But I'm not economist. I don't know at what point the US becomes a third world economy with all the debt. In fact, I don't know what holds it altogether now. Many countries have imploded fiscally because of much less debt. Add to the fact that the US is going socialist and will soon want free college and 100% free medical. Then they will spend trillions trying to change the composition of the air?

God help the US of A.

It was nice while it lasted.

 

[Pommer]

When it comes to spending money, the only party that is in opposition to spending money is the party that is out of power. The other minority party then sits in a dark corner pouting telling the world how dreadful the spending has gotten and what terrible problems the created debt will cause.

This has led to a $30 trillion debt that is climbing exponentially.

But I'm not economist. I don't know at what point the US becomes a third world economy with all the debt. In fact, I don't know what holds it altogether now. Many countries have imploded fiscally because of much less debt. Add to the fact that the US is going socialist and will soon want free college and 100% free medical. Then they will spend trillions trying to change the composition of the air?

God help the US of A.

It was nice while it lasted.

Are you in favor of doing the things as listed in the link to “revitalize” (used eight times in the White House link) America’s crumbling infrastructure?

 

[iluvatar5150]

History says unequivocally that borrowing to invest in PRODUCTIVE infrastructure reaps rewards. It’s how pre war America became Rich. So big tick for those, except you will find WTO will kill exports because of state aid.

The rest just makes inflation. Take prime minister Callahan in the U.K. “invested” massively in public sector jobs, and in the end in his biography, says it didn’t create a single lasting job. Just a big hole, debt and inflation. Spending is not investing unless it has real return and makes money.

Socialists never learn. They always run out of other people’s money.

Actually, investing in infrastructure and middle class jobs would likely lead to more inflation than what we've been seeing the last decade-or-so because it would make workers more scarce and it would put money into the hands of people who'd actually spend it. What doesn't apparently create much inflation is giving money to banks who just sit on it.

Either way, it's hard to hard that the bulk of this jobs plan doesn't (at least on paper) invest in productive infrastructure. Highways, railways, school buildings, care work, broadband, affordable housing, etc are all productive and likely to pay off nicely if executed well. I'm particularly intrigued by the goal of accelerating the development of economic hubs outside of the current handful of big cities. That could be huge.

 

[hedrick]

This proposal will require only 60 votes. The issues will be how much the moderates will demand. For openers, they want a removal of the limit on the deductions for state and local taxes, a limit that greatly affects high tax states (mostly Democratic).

It will be done via budget reconciliation, requiring 50 votes. Even if it were perfect and supported by 100% of Americans it would not get one Republican vote in the Senate.

 

[Pommer]

It will be done via budget reconciliation, requiring 50 votes. Even if it were perfect and supported by 100% of Americans it would not get one Republican vote in the Senate.

Just like they did with the PPACA, yes.

 

[Sparagmos]

If money were not object, why then do we need jobs?

I didn’t say money was no object. I said if. So which items in the plan, if any, would you support in a magical world where money was no object?

 

[Pommer]

I didn’t say money was no object. I said if. So which items in the plan, if any, would you support in a magical world where money was no object?

Thinking outside the box...oh! SQUIRREL!

 

[iluvatar5150]

I didn’t say money was no object. I said if. So which items in the plan, if any, would you support in a magical world where money was no object?

I support all of those things now.

 

[wing2000]

I support all of the bill. We can't afford not to invest in our infrastructure.

I also think it's time for the US to re-scope our military responsibilities and expenditures globally and re-direct those dollars to infrastructure projects that will financially benefit the US in the long term.

 

[hedrick]

I support all of the bill. We can't afford not to invest in our infrastructure.

I also think it's time for the US to re-scope our military responsibilities and expenditures globally and re-direct those dollars to infrastructure projects that will financially benefit the US in the long term.

I'd love to be able to do that. Unfortunately both Russia and China are willing to use military force to further their expansionism. I think we need to continue to protect against that. I'm less happy with our involvement in the mid-East.