If "price gouging" is happening, why didn't Biden & Harris stop it? (Poll)

Is price gouging causing inflation, or are Biden/Harris policies causing it?

  • Price gouging by greedy corporations is causing inflation

    Votes: 4 12.5%
  • Biden/Harris policies are causing inflation

    Votes: 28 87.5%

  • Total voters
    32
So you believe tax cuts are a free lunch? That’s been consistently proven false. Tax increases may slow economic growth but not enough to increase future deficits.

Both tax cuts and tax hikes should be coupled with spending cuts. We shouldn’t run a deficit, but that is on both parties. That doesn’t negate the fact that tax hikes, in general, hurt the overall economy in the long run, thus decreasing revenues and tax cuts help the overall economy in the long run, thus increasing tax revenues. Artificially increasing government revenues by increasing taxes doesn’t make for a healthy economy.

You have absolutely no idea how expensive private insurance is compared to government insurance. It’s not even close.

Yeah, the government has negotiated lower rates for Medicaid in particular. 91+ million people are on Medicaid. Most doctors limit the number of Medicaid patients they accept for that reason. Private insurance, followed by Medicare makes up the difference. Single-payer system is more akin to Medicaid, not Medicare as Medicare is only eligible for those over the age of 65, most of which have contributed to the program for many years of their life. If our system was the equivalent of Medicaid only, our quality of service would be severely diminished. Medicaid is essentially being subsidized by private insurance and Medicare. If doctors and hospitals accepted Medicaid patients only, they wouldn’t able to afford to keep the doors open without severely cutting doctor’s and nurse’s pay(leading to less qualified medical professionals), adding multiple patients per room, etc. Everyone’s quality of care would decrease. The only caveat to this would be that if the 50% of us that pay federal income taxes made up the difference in the form of very large tax increases. For those of us with private insurance, that increase would need to be far more than our current premiums. As usual, the 50% that don’t pay, wouldn’t care.

This is one giant strawman argument. If allowing people to work here is fine, why does Trump want to deport millions of them who have been working here for years and are important to the economy?

Allowing people who are here legally is fine. If not legal, they should leave. If they want to come back, legally, that is fine. Why is this so difficult for the left to understand?

Are you suggesting Trump and Harris are equivalent on pushing tariffs? I don’t think so.


Biden kept Trump’s tariffs on Chinese imports and has recently raised them. Weird. I wish he had been smart enough to have kept Trump’s border policies as well, but then again, we all know the motivation behind the insecure border.

We are talking about policies. Trump is WAY worse.

I was far better off under Trump pre-COVID, as were most Americans. The world was much safer too. The US economy started coming back despite COVID before Trump left office. Biden’s policies are disastereous to the world and the economy, in the long run. Harris’ policies could be even worse, but she will lie and try to act as if she is moving to the middle. If we as a nation are dumb enough to elect her, we deserve what we get.
 
Both tax cuts and tax hikes should be coupled with spending cuts. We shouldn’t run a deficit, but that is on both parties. That doesn’t negate the fact that tax hikes, in general, hurt the overall economy in the long run, thus decreasing revenues and tax cuts help the overall economy in the long run, thus increasing tax revenues. Artificially increasing government revenues by increasing taxes doesn’t make for a healthy economy.
This isn’t about what you think “should” happen, it’s discussing policies put forth by the candidates. Trump has proposed massive tax cuts and little if any spending cuts. He’s already promised not to touch entitlements and it goes without saying he’s not going to cut military spending.

Raising taxes may reduce growth but does not result in lower revenues than we would have without them. Likewise tax cuts may improve growth but does not increase revenues more than if we hadn’t had them. In a perfect world we’d have no taxes but darn it we need to pay for the stuff government does. There’s no free lunch. Gotta be an adult.
Yeah, the government has negotiated lower rates for Medicaid in particular. 91+ million people are on Medicaid. Most doctors limit the number of Medicaid patients they accept for that reason. Private insurance, followed by Medicare makes up the difference. Single-payer system is more akin to Medicaid, not Medicare as Medicare is only eligible for those over the age of 65, most of which have contributed to the program for many years of their life. If our system was the equivalent of Medicaid only, our quality of service would be severely diminished. Medicaid is essentially being subsidized by private insurance and Medicare. If doctors and hospitals accepted Medicaid patients only, they wouldn’t able to afford to keep the doors open without severely cutting doctor’s and nurse’s pay(leading to less qualified medical professionals), adding multiple patients per room, etc. Everyone’s quality of care would decrease. The only caveat to this would be that if the 50% of us that pay federal income taxes made up the difference in the form of very large tax increases. For those of us with private insurance, that increase would need to be far more than our current premiums. As usual, the 50% that don’t pay, wouldn’t care.
Gripe all you want. It’d be cheaper than the dumpster fire we currently have. That’s my only point.
Allowing people who are here legally is fine. If not legal, they should leave. If they want to come back, legally, that is fine. Why is this so difficult for the left to understand?
People who have been deported are ineligible to return. Additionally, without serious reforms to the immigration system, we will never be able to keep up with the demand for labor. If anything, Trump absolutely intends to slow legal immigration to a crawl anyway. This policy would be HIGHLY inflationary as he would be deporting millions of illegal immigrants who are working jobs largely abandoned by citizens in areas where the labor pool is especially tight.
Biden kept Trump’s tariffs on Chinese imports and has recently raised them. Weird. I wish he had been smart enough to have kept Trump’s border policies as well, but then again, we all know the motivation behind the insecure border.
This is a comparison between Trump and Harris. Biden isn’t running. Little question that Trump would go much bigger on tariffs than Harris. More tariffs, more inflation. Trump and Vance aren’t even able to admit that consumers would pay the price because they’re weak.


I was far better off under Trump pre-COVID, as were most Americans. The world was much safer too. The US economy started coming back despite COVID before Trump left office. Biden’s policies are disastereous to the world and the economy, in the long run. Harris’ policies could be even worse, but she will lie and try to act as if she is moving to the middle. If we as a nation are dumb enough to elect her, we deserve what we get.
Sorry, but electing Trump doesn’t magically transport us back to a pre-COVID world. If Trump had been a better leader, maybe it wouldn’t have wrecked the economy like it did. We don’t need more of his weak leadership.
 
This isn’t about what you think “should” happen, it’s discussing policies put forth by the candidates. Trump has proposed massive tax cuts and little if any spending cuts. He’s already promised not to touch entitlements and it goes without saying he’s not going to cut military spending.

Harris has proposed massive tax hikes(corporate, capital gains, letting the previous Trump cuts expire, etc.) and massive spending, including giving illegals free healthcare. I’m not sure what you don’t understand.

Raising taxes may reduce growth but does not result in lower revenues than we would have without them. Likewise tax cuts may improve growth but does not increase revenues more than if we hadn’t had them. In a perfect world we’d have no taxes but darn it we need to pay for the stuff government does. There’s no free lunch. Gotta be an adult.

You have to be an intelligent and prudent adult. Taking more money from SOME individuals who make it and throwing it into a grossly mismanaged system like the federal government is not the answer.

Gripe all you want. It’d be cheaper than the dumpster fire we currently have. That’s my only point.

Yes, it could be cheaper. A used moped is cheaper than a new Toyota Corolla and they ultimately perform the same function. You get what you pay for.

People who have been deported are ineligible to return.

It depends on the reason for deportation. Felons couldn’t come back, but why would we want them? Any deportation of illegals by Trump would likely be coupled with a method for legal re-entry. Regardless, there should be limits on immigration.

This is a comparison between Trump and Harris. Biden isn’t running. Little question that Trump would go much bigger on tariffs than Harris. More tariffs, more inflation. Trump and Vance aren’t even able to admit that consumers would pay the price because they’re weak.

More freebees like student loan forgiveness, the more inflation.

It is hilarious that you believe that consumers will pay the price for increases in tariffs, but they won’t pay the price for an increase in the corporate tax. Only foreign companies pass along added tax to consumers? Who knew?

When tariffs are imposed on imports and corporate taxes remain low, the price may go up to a point where consumers choose to buy US products instead. If the US doesn’t make the product, they may start. The companies importing the product have no choice but to lower the price if they want to reach our market. If corporate taxes are raised and tariffs are not imposed(the potential Harris plan), corporations will leave the country because they can no longer compete with imports. If tariffs are not imposed, even if US corporate taxes remain at 21%, the field is not level due to our higher and ever increasing labor cost. If both tariffs are imposed and US corporate taxes are raised(the other potential Harris plan), the consumer will suffer.

The bottom line is that that raising US corporate taxes will not benefit the US consumer in any way under any scenario, tariffs or not. Democrats support it. They are, to put it mildly, stupid.

Sorry, but electing Trump doesn’t magically transport us back to a pre-COVID world. If Trump had been a better leader, maybe it wouldn’t have wrecked the economy like it did. We don’t need more of his weak leadership.

The economy tanked well after Trump left office. Biden’s policies stifled the inevitable bounce back.
 
Harris has proposed massive tax hikes(corporate, capital gains, letting the previous Trump cuts expire, etc.) and massive spending, including giving illegals free healthcare. I’m not sure what you don’t understand.



You have to be an intelligent and prudent adult. Taking more money from SOME individuals who make it and throwing it into a grossly mismanaged system like the federal government is not the answer.



Yes, it could be cheaper. A used moped is cheaper than a new Toyota Corolla and they ultimately perform the same function. You get what you pay for.



It depends on the reason for deportation. Felons couldn’t come back, but why would we want them? Any deportation of illegals by Trump would likely be coupled with a method for legal re-entry. Regardless, there should be limits on immigration.



More freebees like student loan forgiveness, the more inflation.

It is hilarious that you believe that consumers will pay the price for increases in tariffs, but they won’t pay the price for an increase in the corporate tax. Only foreign companies pass along added tax to consumers? Who knew?

When tariffs are imposed on imports and corporate taxes remain low, the price may go up to a point where consumers choose to buy US products instead. If the US doesn’t make the product, they may start. The companies importing the product have no choice but to lower the price if they want to reach our market. If corporate taxes are raised and tariffs are not imposed(the potential Harris plan), corporations will leave the country because they can no longer compete with imports. If tariffs are not imposed, even if US corporate taxes remain at 21%, the field is not level due to our higher and ever increasing labor cost. If both tariffs are imposed and US corporate taxes are raised(the other potential Harris plan), the consumer will suffer.

The bottom line is that that raising US corporate taxes will not benefit the US consumer in any way under any scenario, tariffs or not. Democrats support it. They are, to put it mildly, stupid.



The economy tanked well after Trump left office. Biden’s policies stifled the inevitable bounce back.
Screenshot_20240829_080133_TikTok.jpg
 
Both tax cuts and tax hikes should be coupled with spending cuts. We shouldn’t run a deficit, but that is on both parties. That doesn’t negate the fact that tax hikes, in general, hurt the overall economy in the long run, thus decreasing revenues and tax cuts help the overall economy in the long run, thus increasing tax revenues. Artificially increasing government revenues by increasing taxes doesn’t make for a healthy economy.
Don't forget the Laffer curve. Where there is an optimum point for taxation, that is low enough, that it spurs economic output, and high enough to bring in the revenue needed by the government.

The idea of always tying taxing to spending cuts is because we lost how the system was supposed to work. Taxes were supposed to be from particular sources, and to pay for particular programs. Not throw everything into a general pot.

Which is why the constitution says: All Bills for raising Revenue shall originate in the House of Representatives;

Which has become, all "spending" bills originate in the house of representatives.
 
What bill would that be?

President Trump built in tax increases beginning in 2021, for nearly everyone but those at the very top.

buried in the pages of the 2017 Tax Cuts and Jobs Act.

it built in automatic, stepped tax increases every two years that begin in 2021 and that by 2027 would affect nearly everyone but people at the top of the economic hierarchy. All taxpayer income groups with incomes of $75,000 and under — that’s about 65 percent of taxpayers
 
You're lying.
I's the truth


President Trump built in tax increases beginning in 2021, for nearly everyone but those at the very top.

buried in the pages of the 2017 Tax Cuts and Jobs Act.

it built in automatic, stepped tax increases every two years that begin in 2021 and that by 2027 would affect nearly everyone but people at the top of the economic hierarchy. All taxpayer income groups with incomes of $75,000 and under — that’s about 65 percent of taxpayers
 

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