Bidenomics
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@LuFins-Dad said in Bidenomics:
The “poor” are generally in housing with hvac, have access to transportation, often own a vehicle, have 1-2 televisions, a computer, and aren’t in danger of starvation
This. The poor in US are richer than probably 75% of the rest of the world.
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Take away their government subsidies such as housing, food and welfare money, and see where they are at.
Always remember, Operation Valkyrie was an act of sedition.
Warning: I post things that interest me. Read and comment at your own discretion. -
@Jolly said in Bidenomics:
Take away their government subsidies such as housing, food and welfare money, and see where they are at.
Actually, only about 10% of the country are on government assistance programs, meaning half of the poor receive nothing. As a percentage of GDP, government handouts are at a pretty low point…
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Which means over 30M people would not have housing, enough food or basic necessities?
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Probably right around the same number as under Trump’s first term, and a fairly low percentage.
Sorry, Jolly, you and your pal Bernie should leave the guillotine in the garage for the time being.
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You can take a four-paintbrush sopping with whitewash, but the essential truth is that many of the poor in the U.S. have what they do because of government programs that do not exist in many other countries.
Always remember, Operation Valkyrie was an act of sedition.
Warning: I post things that interest me. Read and comment at your own discretion. -
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I fail to see how any of that is going to lead to a populist revolt or the idea that the rich are getting richer at the expense of the poor.
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@LuFins-Dad Excluding social security and Medicare.
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@Axtremus said in Bidenomics:
@Jolly said in Bidenomics:
... the essential truth is that many of the poor in the U.S. have what they do because of government programs that do not exist in many other countries.
Can the same be said of the rich?
Tax code.
The Golden Rule.
Them that has the gold, rules.
