• Welcome to Christian Forums
  1. Welcome to Christian Forums, a forum to discuss Christianity in a friendly surrounding.

    Your voice is missing! You will need to register to be able to join in fellowship with Christians all over the world.

    We hope to see you as a part of our community soon and God Bless!

  2. The forums in the Christian Congregations category are now open only to Christian members. Please review our current Faith Groups list for information on which faith groups are considered to be Christian faiths. Christian members please remember to read the Statement of Purpose threads for each forum within Christian Congregations before posting in the forum.
  3. Please note there is a new rule regarding the posting of videos. It reads, "Post a summary of the videos you post . An exception can be made for music videos.". Unless you are simply sharing music, please post a summary, or the gist, of the video you wish to share.
  4. There have been some changes in the Life Stages section involving the following forums: Roaring 20s, Terrific Thirties, Fabulous Forties, and Golden Eagles. They are changed to Gen Z, Millennials, Gen X, and Golden Eagles will have a slight change.
  5. CF Staff, Angels and Ambassadors; ask that you join us in praying for the world in this difficult time, asking our Holy Father to stop the spread of the virus, and for healing of all affected.

Biden Economics Will Lead To Annual $6,500 Drop In Median Household Income

Discussion in 'News & Current Events (Articles Required)' started by disciple Clint, Oct 30, 2020.

  1. disciple Clint

    disciple Clint Well-Known Member

    +1,997
    United States
    Christian
    Private
    "Overall, the authors estimate that the Biden agenda, if fully implemented, would reduce full-time equivalent employment per person by about 3%, the capital stock per person by some 15%, and real GDP per capita by more than 8%. Compared to Congressional Budget Office estimates for these variables in 2030, this means there would be 4.9 million fewer working Americans, $2.6 trillion less in GDP, and $6,500 less in median household income."
    Biden Economics Will Lead To Annual $6,500 Drop In Median Household Income
     
    • Informative Informative x 2
    • List
    We teamed up with Faith Counseling. Can they help you today?
  2. Andrewn

    Andrewn Well-Known Member CF Ambassadors Supporter

    +1,696
    Canada
    Anglican
    Married
    [​IMG]

    QUESTIONABLE SOURCE
    A questionable source exhibits one or more of the following: extreme bias, consistent promotion of propaganda/conspiracies, poor or no sourcing to credible information, a complete lack of transparency and/or is fake news. Fake News is the deliberate attempt to publish hoaxes and/or disinformation for the purpose of profit or influence (Learn More). Sources listed in the Questionable Category may be very untrustworthy and should be fact checked on a per article basis. Please note sources on this list are not considered fake news unless specifically written in the reasoning section for that source. See all Questionable sources.


    • Overall, we rate The Washington Sentinel Questionable based on the use of poor sources, promotion of one-sided propaganda, a lack of transparency, and several failed fact checks.
    Detailed Report
    Reasoning: Poor Sources, Propaganda, Complete Lack of Transparency, Failed Fact Checks
    Country: USA
    World Press Freedom Rank: USA 45/180

    History

    Founded in June 2019, The Washington Sentinel is a right-leaning blog/website that publishes news and opinion stories for a conservative audience. According to their about page, “The Washington Sentinel was initially formed by pooling the resources and staff from other” right-leaning and questionable news sources.

    The website lacks transparency as they do not disclose ownership.

    The Washington Sentinel - Media Bias/Fact Check
     
    • Winner Winner x 4
    • Like Like x 1
    • Useful Useful x 1
    • List
  3. disciple Clint

    disciple Clint Well-Known Member

    +1,997
    United States
    Christian
    Private
    Do you have a problem with the Hover Institute and The Wall Street Journal. They are the source of the data. It is rich that you try to kill the messenger when the MSM is so obviously in the tank for Biden and is about as biased as it can possibly be against Trump.
     
  4. Andrewn

    Andrewn Well-Known Member CF Ambassadors Supporter

    +1,696
    Canada
    Anglican
    Married
    The only article you quoted is from The Washington Sentinel, which is an extremely questionable source, mere propaganda, and I gave the website which evaluates media across the globe.
     
  5. Arc F1

    Arc F1 Let the righteous man arise from slumber Supporter

    +1,823
    United States
    Christian
    Married
    I failed to find CNN or MSN on the list. My guess is that the site listing sites should be also considered questionable.

    They also listed church militant and they mostly report on the inner workings of the catholic church. They aren't known for being fake news.
     
  6. dqhall

    dqhall Well-Known Member Supporter

    +2,611
    United States
    Christian
    Single
    The article is speculative, not proven factual.

    Median income rose during the Obama - Biden administration.

    Many jobs have been lost during Trump’s administration with unemployment close to 8%.
     
  7. Arc F1

    Arc F1 Let the righteous man arise from slumber Supporter

    +1,823
    United States
    Christian
    Married
    I wouldn't put much faith in that media bias site or whatever it is called. They were debunked long ago. Here's a good old article about them that shows its an opinion site only.

    PolitiFact Bias: Can you trust what "Media Bias/Fact Check" says about PolitiFact? (Updated)
     
    • Agree Agree x 2
    • Informative Informative x 1
    • List
  8. disciple Clint

    disciple Clint Well-Known Member

    +1,997
    United States
    Christian
    Private
    • Agree Agree x 1
    • Funny Funny x 1
    • List
  9. Isilwen

    Isilwen Well-Known Member

    +1,360
    United States
    Episcopalian
    In Relationship
    US-Democrat
    Last edited: Oct 30, 2020
  10. Arc F1

    Arc F1 Let the righteous man arise from slumber Supporter

    +1,823
    United States
    Christian
    Married
    What amazes me is that fact checker sites just look to other sites that support their views as fact. Nobody actually checks anything. They don't investigate, they don't interview, they don't check anything. They don't even get up out of their chair.
     
  11. Andrewn

    Andrewn Well-Known Member CF Ambassadors Supporter

    +1,696
    Canada
    Anglican
    Married
    They are on the list:

    CNN:
    Factual Reporting: MIXED

    MSNBC:
    Factual Reporting: MIXED

    Fox News:
    Factual Reporting: MIXED

    Washington Times:
    Factual Reporting: Numerous Failed Fact Checks, Poor Sourcing, Lack of Transparency

    The Washington Sentinel:
    Factual Reporting: Poor Sources, Propaganda, Complete Lack of Transparency, Failed Fact Checks
     
  12. Arc F1

    Arc F1 Let the righteous man arise from slumber Supporter

    +1,823
    United States
    Christian
    Married
    My fault. I meant list of questionable sources.
     
  13. Gene2memE

    Gene2memE Newbie

    +3,694
    Atheist
    Private
    Oooh, oooh, I do. Pick me!

    The Hoover Institute study:

    Makes some questionable assumptions about both energy supply and energy infrastructure costs, their cost per mWh for renewables over the next 10 years seems to be both static and two thirds above the EIA's estimate.

    Their cost of carbon is absurdly high (a claimed marginal cost of ~$116 per ton for 2012-16), against a market that has averaged under ~20 per ton for the last three years.

    Makes some errors about US tax policy, like ignoring tax increases that are already included in from 2026 onwards under the Trump tax cut. The assessment about the negative impact of raising the corporate tax rate seems to be at the extreme end of the range and better than double other estimates.

    Understates the economic impact of increased government spending from the ~3 trillion in additional tax revenue.

    Underestimates the impact of tariffs imposed under Trump (estimate of just -0.1% of GDP out to 2030, against other estimates of -0.4% to -0.6%).


    Here's the thing - I actually like the Hoover Institute. At least parts of it (the weird Anglo-American neo imperialism stuff leaves me cold). I've gone to talks from their senior fellows. I have books written by their members (M D Bordo, Kissinger, Rice et al).

    However, in true think tank style, they do have a tendency to come up with an answer first, and then work backwards with their working an massage the facts until they fall in place.
     
    Last edited: Oct 30, 2020
    • Informative Informative x 2
    • List
Loading...