- Jan 19, 2010
- 70,430
- 66,008
- 3,605
The economy under Trump broke all records for positive growth especially in the inner city....people were paying down debt and saving because they had jobs....it was a job seekers market...people were moving up on their own....It was Joe's job while Vice President to use the 2010 stimulus money to invest in our infrastructure....do you know what they used the money for instead?....teacher and federal employee pension bail outs....We've Been putting off the infrastructure investment for generations. Its time to bite the bullet and do it. There is a lot to like in the bill...and a lot to not like so much.
Again, this is where Biden could actually do something bi-partisan and for the American people.
Have the GOP leadership over on Friday, find out where there is common ground. Draft the bill on Tuesday (Easter Monday is a holiday I think) and vote on it by next Friday. Anything he wants that is left out of the bill, that is when start politicking.
But a lot of this stuff could get done pretty quick. Everyone with eyeballs can see that our airports are not keeping pace with those in other nations. We need to address the traffic in our big cities, we need high speed rail across the continent. We need to deepen and expand our ports so freight can be closer to the markets. These airports, big cities, and ports are in blue states, red states, and purple states. Its a no-brainer and would be easy to do. But, of course, he won't do it.... Its frustrating.
Foreign investment is going to countries with better infrastructure, education, and healthcare. Canada is now the nation of choice for investment capital looking for an "in" to the North American free trade zone, because of the lack of infrastructure investment in the USA.
We have a national wide 5G network, better transportation systems and highways, a stable electrical grid with excess capacity (currently being sold to the USA), a highly educated work force, universal health care, sensible gun laws, and political stability.
All of the things the USA refuses to do.
While our airports and bridges and hospitals fell apart...
So what makes you think this bundle of cash will be used for infrastructure?....how many times can you be fooled?....
If Republican Presidents didn't repeatedly crash the economy throwing millions out of work, Democrats wouldn't have to keep passing stimulus bills, or patching up the economy and putting it back on the rails. Instead of being grateful that Democrats are saving the economy at all, you fools whinge about any of the money going to working people.
Donald Trump gave a $1.9 billion tax cut - 80% of which went to wealthy corporations and billionaires, and you cheered. Trump promised the workers a $4000 raise from the tax cut, and you all cheered. But workers didn't get a raise. Fewer than 5% of American workers got a small one-time $1000 bonus from the tax cut, and no big raises at all. The tax cut funded two successive years of the highest level of stock buy backs in the US history. These buy backs boosted the value of the remaining stocks, and further concentrated wealth at the top 10% of the richest Americans and corporations.
How many times have YOU been fooled?
Three crashes have been cleaned up by a Democratic President. Since 1980, there have been 4 different Republican Presidents, and three of them have crashed the economy. The American people elect a Democrat who cleans up the mess, gets the economy back on track, only to have the next Republican President immediately cut taxes, leading to a total economic collapse before the end of their administration.
So please don't whine to me about the fiscal irresponsibility of the Democrats, and what they are spending the stimulus money on, because clearly Biden can manage the US economy without crashing it into a fucking tree. Something no Republican seems to be capable of doing.
Trump made that possible and in less than 4 months Joe the illegitimate president has undone it all....
Jobs are drying up and soon the market will follow...better watch out for your 401Ks....remember 2008....soon folks won't be able to pay down loans and that's going to signal another recession...a good ol Obama 2 recession....