• 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.
  6. We are no longer allowing posts or threads that deny the existence of Covid-19. Members have lost loved ones to this virus and are grieving. As a Christian site, we do not need to add to the pain of the loss by allowing posts that deny the existence of the virus that killed their loved one. Future post denying the Covid-19 existence, calling it a hoax, will be addressed via the warning system.

Biden's Proposals Aim to Give Sturdier Support to the Middle Class

Discussion in 'American Politics' started by SummerMadness, May 2, 2021.

  1. disciple Clint

    disciple Clint Well-Known Member

    +3,178
    United States
    Christian
    Private
    How about any basic Econ 101 course, look into it and you will find that tax and spend has never been used to provide a healthy economy. Where do you think the money is going to come from to fund all the free programs, Just a clue the Fed does not put more money in circulation by cranking up the printing press.
     
  2. TLK Valentine

    TLK Valentine You will be who you will be. We are our choices.

    +25,226
    Agnostic
    Single
    How about cracking down on tax cheats and making them pay what they owe?
     
  3. disciple Clint

    disciple Clint Well-Known Member

    +3,178
    United States
    Christian
    Private
    Yes that should keep the middle class in line, classic Obama technique use the IRS to intimidate people and go after those you disagree with. It is certainly not going to change anything for the wealthy who hire professionals to find all the loopholes in the tax code so that they pay as little as possible. If we truly want to level the playing field there have been many proposals over the years to go to a graduated flat tax, that would be fair to all. 19 Facts On IRS Targeting President Obama Can't Blame On Republicans
     
  4. TLK Valentine

    TLK Valentine You will be who you will be. We are our choices.

    +25,226
    Agnostic
    Single
    You don't disagree with tax cheats?

    Unless the government hires professionals to close the loopholes -- or would that be too Socialist?

    ...and how much more revenue would the US take in (ballpark figure) if we did that?
     
  5. Vylo

    Vylo Stick with the King!

    +6,605
    Atheist
    Private
    US-Others
    Except you know, the time period where we had the highest amount of prosperity was a heavy tax and spend period. The economic turnout allowed us to recoup the not only the money spent, but the cost of a world war.
     
  6. disciple Clint

    disciple Clint Well-Known Member

    +3,178
    United States
    Christian
    Private
    Have you considered that elected officials do not want to solve the problem of tax loopholes? It serves them in their personal finance and those people who take advantage of the tax laws are the same ones who give heavily to political campaigns. There is no benefit to them to cut off their funding.
     
  7. Larnievc

    Larnievc Well-Known Member

    +4,011
    Atheist
    Married
    UK-Labour
    So unable to provide evidence. How unexpected.

    “Critics believe that the trickle-down policy has done damage to the U.S. economy more times than it has helped. It has met with disastrous results when applied at the federal and state level.”

    Does Trickle-Down Economics Work?

    That took about two minutes to find.
     
  8. disciple Clint

    disciple Clint Well-Known Member

    +3,178
    United States
    Christian
    Private

    https://www.hoover.org/sites/defaul...nt_bidens_economic_agenda_hassett_updated.pdf
    An Analysis of Vice President Biden’s Economic Agenda:
    The new regulations would affect resource usage by regulated industries while new taxes would distort the markets for capital and labor. We estimate that the full Biden agenda will reduce long-run real GDP per capita by more than 8 percent as a result of reducing full-time equivalent employment (FTEs) per person by 3 percent, the capital stock per person by 15 percent and total factor productivity by 2 percent. Relative to the CBO’s 2030 projections for these variables (Congressional Budget Office 2020), this suggests there will be 4.9 million fewer employed individuals, $2.6 trillion less GDP, and $1.5 trillion less consumption in that year alone. Median household income in 2030 would be $6,500 less.
     
  9. TLK Valentine

    TLK Valentine You will be who you will be. We are our choices.

    +25,226
    Agnostic
    Single
    This is true -- unless we write laws that, among other things, limit the monies that can be used to bribe "contribute" to those campaigns. Then the elected officials lose their incentive to keep the loopholes.

    Instead of supporting corruption, we fight against it -- just a thought.
     
  10. Oneiric1975

    Oneiric1975 Active Member

    393
    +198
    United States
    Seeker
    In Relationship
    Oh, OK. I think I get your point.

    Yes there are times when the government gets a "bad apple" in a position of authority who mishandles things (sometimes disastrously). But overall the government can do good. As I said the government has provided us with massive improvements to live. Nearly 50% of breakthrough drugs you and I both rely on every day came from NIH (government) funded research, our dept of agriculture has a nearly 200 year track record of research which has revolutionized the world's ability to feed itself and the list can go on and on and on.

    Further I think it is also a matter of what WE want. If we want our government to do better that's up to us. We are an amazing country and together we can do so much. We've done it before. We can do it again.
     
  11. Hammster

    Hammster “Safeism” is the new religion. Staff Member Site Advisor Supporter

    +20,992
    United States
    Reformed
    Married
    US-Libertarian
    Maybe. But your assumption is that this will be so widespread, we should put some program in place just in case.
     
  12. TLK Valentine

    TLK Valentine You will be who you will be. We are our choices.

    +25,226
    Agnostic
    Single
    If Louis XVI had put some program in place, he might have ended his reign with his head still attached. If the Romonovs had put some program in place, their dynasty might not have ended with bullets and bayonets.

    We've seen in this country what (presumably) otherwise law-abiding people will do at their state capitals when they can't get a haircut or the Cheesecake Factory closes down for a few weeks -- care to see what real desperation will lead to? I don't.
     
    • Agree Agree x 2
    • Winner Winner x 1
    • List
  13. Oneiric1975

    Oneiric1975 Active Member

    393
    +198
    United States
    Seeker
    In Relationship
    Arguably the 1905 peasants uprising in Russia didn't turn into a full-scale Russian Revolution because the Romanovs listened to the people and established the Duma. It wasn't enough, obviously, and 12 short years later very bad things happened.

    Obviously America isn't at that ridiculous level yet but history tells us what happens when people are desperate.
     
  14. renniks

    renniks Well-Known Member

    +2,432
    Christian
    Married
  15. TLK Valentine

    TLK Valentine You will be who you will be. We are our choices.

    +25,226
    Agnostic
    Single
    Considering that the Duma eventually turned on him, I'd have to agree.

    America has programs in place. Let's axe them and see what happens... not.
     
  16. Larnievc

    Larnievc Well-Known Member

    +4,011
    Atheist
    Married
    UK-Labour
    That’s pure speculation about 2030. Not factual information based on what actually happened in the real world.

    Is that what you think evidence is?

    smh
     
  17. Hammster

    Hammster “Safeism” is the new religion. Staff Member Site Advisor Supporter

    +20,992
    United States
    Reformed
    Married
    US-Libertarian
    How much more unemployment would we have needed to make anecdotal stories the norm? It was pretty high last year.
     
  18. TLK Valentine

    TLK Valentine You will be who you will be. We are our choices.

    +25,226
    Agnostic
    Single
    Hard to say; it's like asking how many school shootings did it take before "thoughts and prayers" became the political pro forma?

    You never know how quickly something's going to become the new normal.
     
  19. Oneiric1975

    Oneiric1975 Active Member

    393
    +198
    United States
    Seeker
    In Relationship
    ...and as in "thotz-n-prayerz", America finds a way to deal with its problems! :)
     
  20. BigDaddy4

    BigDaddy4 Movin' on...

    +1,837
    Christian
    Married
    Reference for God-ordained government protection of the middle class?
     
Loading...