Showing posts with label Taxes 2022. Show all posts
Showing posts with label Taxes 2022. Show all posts
Thursday, October 27, 2022

Nominal GDP is up $2.1 trillion in the last fiscal year, the national debt is up $2.5 trillion

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Friday, September 30, 2022

Spiking interest payments on the national debt through 2Q2022 threaten to crowd out other current spending on Social Security, Medicare, and National Defense

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 Wait until the second half is done.  This is going to be ugly.
Friday, September 23, 2022

Adam Tooze: Central bankers' hands were forced in 2010, the poor dears, they aren't the lords of easy money, no, they're its slaves, just like us

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  Here , for The New York Times: If you are worried about wealth inequality in the United States, then the solution is not to tighten mone...
Sunday, September 18, 2022

Once again, it was the idiot liberal Republican George H. W. Bush who advanced the anti-capitalist Democrat global warming agenda

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 . . . the Inflation Reduction Act was signed by President Biden earlier this summer. It had been thirty years and sixty-five days since Pr...
Sunday, September 4, 2022

Money printing getting way ahead of output is the cause of the current inflation

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  US GDP last clocked in at $ 24.883 trillion in 2Q. The total public debt at the end of 2Q is $ 30.569 trillion. That's now a mismatch...
Thursday, August 11, 2022

Phony Democrat SALT Caucus is out there today boasting it is going to vote for the Manchin bill anyway, which doesn't undo the Trump tax increases on the wealthy they promised to get rid of

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State, local relief not in cards for residents of high-tax states as House assesses Inflation Reduction Act :   a group of House Democrats...
Monday, August 8, 2022

LOL, watch for dozens of phony House Democrats who ran on repeal of Trump's 2017 SALT caps vote once again come Friday for a bill (Joe Manchin's) which doesn't remove them and adds more taxes on most Americans

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Trump raising taxes on rich coastal elites and Democrats never doing anything about it after running on a promise to do so will never not be...
Friday, July 29, 2022

America and its people have added over $12 trillion to their total credit market debt outstanding just since 2019, but that has done little but stall the decline of debt growth

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The $90 trillion millstone: We did it to ourselves . We are now in the future we tapped in the past for the prosperity of "debt draws f...
Wednesday, May 25, 2022

Federal spending is completely out of control: Outlays dwarf receipts by 69% in 2021

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Wednesday, April 6, 2022

Remember last fall when a bunch of Nobel economists assured us that gobs more spending by Joe Biden wouldn't have serious inflationary impacts?

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 Here's what the ring leader of Tom Nichols' vaunted expert class of economists had to say at the time: Some, however, have invoked...
Monday, March 14, 2022

Gold fanatics never mention the potentially bad tax news

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  The war in Ukraine has   pushed   more investors into gold, which some see as a “safe haven” in volatile times, and   fueled   a price ral...
Thursday, January 6, 2022

Desecration is routine for the US Congress, a filthy stinking Den of Thieves

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