Economics Thread

[sturg33]

The fed and our politicians have destroyed the dollar.

The average salary during the height of the great depression (1933 -25% unemployment) was about $4,600. Adjusted for inflation, that would be $99K today in 2023. The average American made $54K in 2022.

The spending and printing is criminal... all stolen from people who are not alive yet, and therefor can't vote for it

[Tapate50]

Sounds defensible. Would someone like to try ?

[sturg33]

This is much more indicative of the worthlessness of our currency than it is wage progress

[57Brave]

Everything Georgia
@GAFollowers
·
4h
Governor Brian Kemp has temporarily suspended Georgia's gas tax due to the 40-year-high inflation. His goal is to provide direct relief to families throughout Georgia.

The order will go into effect tomorrow, Sept. 13 & will remain in effect until 11:59 p.m. on Oct. 12, 2023. ��

curious to see who follows suit ?

[Tapate50]

Everything Georgia
@GAFollowers
·
4h
Governor Brian Kemp has temporarily suspended Georgia's gas tax due to the 40-year-high inflation. His goal is to provide direct relief to families throughout Georgia.

The order will go into effect tomorrow, Sept. 13 & will remain in effect until 11:59 p.m. on Oct. 12, 2023. ��

curious to see who follows suit ?

Kemp trying to do something unlike Sleepy Joe.

[msstate7]

Everything Georgia
@GAFollowers
·
4h
Governor Brian Kemp has temporarily suspended Georgia's gas tax due to the 40-year-high inflation. His goal is to provide direct relief to families throughout Georgia.

The order will go into effect tomorrow, Sept. 13 & will remain in effect until 11:59 p.m. on Oct. 12, 2023. ��

curious to see who follows suit ?

Weird considering the economy is really strong

[57Brave]

Why so weird?

Puts more money into restaurants, shops etc etc etc

[sturg33]

Why so weird?

Puts more money into restaurants, shops etc etc etc

makes sense to me. why don't we cut taxes across the board?

[Tapate50]

Why so weird?

Puts more money into restaurants, shops etc etc etc

I suspect sarcasm by msstate

[57Brave]

you suspect ?

What is so weird, a Governor gives a tax holiday
It is not Kemps first

the fact that the economy is running strong is all the more reason.

Curious to see who follows suit
Would any of Georgia's neighbors ?

[acesfull86]

Haven’t been around here in a little while…did I come back on opposite day or some ****?

[57Brave]

Talking about a tax that unfairly most effects those that can least afford it

[sturg33]

Talking about a tax that unfairly most effects those that can least afford it

You know what unfairly affects most who can't afford it?

Crippling debt / deficit spending / money printing

[sturg33]

[57Brave]

for the ump- teenth time
..................................


Steven Rattner
@SteveRattner
·
Mar 28
"If not for the Bush tax cuts and their extensions—as well as the Trump tax cuts—revenues would be on track to keep pace with spending indefinitely, and the debt ratio... would be declining,"
a new @amprog
report finds.






one would be wise to read up on the economy Pres. Clinton handed over
that was immediately converted to tax cuts.

I certainly hope the know nothings convert this graph into a screen saver to save us all that useless
/ propaganda tinted conversation

The honest issue is not spending but revenues

[sturg33]

Lol the democratic party is so incredibly lucky to have you

[Tapate50]

I guess the American people are just the old dairy cow out back. Just head out three when you need some more milk with no backup plan in sight.

You still didn’t show us where the money was. “We have the money” was your statement

[Tapate50]

“If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.”

Milton Friedman

[chop2chip]

for the ump- teenth time
..................................


Steven Rattner
@SteveRattner
·
Mar 28
"If not for the Bush tax cuts and their extensions—as well as the Trump tax cuts—revenues would be on track to keep pace with spending indefinitely, and the debt ratio... would be declining,"
a new @amprog
report finds.






one would be wise to read up on the economy Pres. Clinton handed over
that was immediately converted to tax cuts.

I certainly hope the know nothings convert this graph into a screen saver to save us all that useless
/ propaganda tinted conversation

The honest issue is not spending but revenues

I think it’s a valid point to question the impact of tax cuts on debt.

But the mental gymnastics some will do to completely avoid the discussion of our government’s wreckless spending is mind boggling.

The title of that chart doesn’t even try to acknowledge the spending problem.

[sturg33]

I think it’s a valid point to question the impact of tax cuts on debt.

But the mental gymnastics some will do to completely avoid the discussion of our government’s wreckless spending is mind boggling.

The title of that chart doesn’t even try to acknowledge the spending problem.

Never mind that tax revenues are at all time highs and increased after the tax cuts passed