What do you think about with current News and Opinions?

Tweety, BSN, RN · Dec 20, 2021

9 hours ago, Beerman said:

"Child care is already a major expense for parents, and President Biden pledges to reduce its cost with his multitrillion-dollar Build Back Better bill. Yet while some of those who receive government subsidies may see reduced costs, millions of other working parents could see their child-care costs double. The new program would act like a $20,000 to $30,000 annual tax on middle-income families."

https://www.wsj.com/articles/biden-would-make-daycare-even-pricier-child-care-cost-quality-regulation-build-back-better-11639084122

I can't read the article but read a similar one on Fox News. It does seem to favor people that can meet the subsidy qualifications but not necessarily to normal working class family that will have to deal with the increase in wages to childcare workers which in theory would raise costs for them and create a demand which would increase costs.

It's good to see Fox News trying to convince people using sources like economics and math for this issue. They tend not to do that when it comes to their agenda like tax cuts or covid.

https://www.foxbusiness.com/politics/biden-spending-bill-child-care-costs

Beerman, BSN · Dec 20, 2021

On 12/14/2021 at 1:39 PM, subee said:

Thank you. I misread "wouldn't" as "shouldn't". I don't think that the Republican posters on this site have ever offered a solution for anything but feel free to complain. I asked one person once what his immigration policy would be and he replied that it was someone else's job to come up with policy, but not his:( ....complaining but not offering any alternatives to what we are presently doing.

Actually, in the past I have pointed to ideas others have had on different issues. You've asked me before what I'd do about immigration, and now you are mischaracterizing my answer. Let me refresh your memory.

So, in a manner of speaking, I did say it's not my job. I wasn't elected. I don't have the ability to hire or appoint a committee of whoever I want to solve the problem.

That doesn't mean that I can't have or express my opinion on something that isn't working.

Beerman, BSN · Dec 20, 2021

"Income data published by the IRS clearly show that on average all income brackets benefited substantially from the Republicans’ tax reform law, with the biggest beneficiaries being working and middle-income filers, not the top 1 percent, as so many Democrats have argued."

https://thehill.com/opinion/finance/584190-irs-data-prove-trump-tax-cuts-benefited-middle-working-class-americans-most

Tweety, BSN, RN · Dec 20, 2021

4 minutes ago, Beerman said:

Actually, in the past I have pointed to ideas others have had on different issues. You've asked me before what I'd do about immigration, and now you are mischaracterizing my answer. Let me refresh your memory.

So, in a manner of speaking, I did say it's not my job. I wasn't elected. I don't have the ability to hire or appoint a committee of whoever I want to solve the problem.

That doesn't mean that I can't have or express my opinion on something that isn't working.

That's fair. I remember during the Obamacare debates here we kept hearing from a couple of posters "we need healthcare reform, just not this one". Obviously such things are bit complicated for us lay people. But we can see and understand analysis what is good or not when it's laid out by politicians.

But we never heard from republican politicians what they wanted to do. But what they really wanted to do was nothing because they knew any plan would involve spending money. Just like we're seeing now "we need childcare reform, just not Biden's plan".

Beerman, BSN · Dec 20, 2021

Sounds like this is being cut out of the bill, but it's important we all know what the administration was trying to pass. While the border is out of control, they were trying to expand amnesty.

"Under President Joe Biden’s current Build Back Better Act (H.R. 5376), an estimated 6.5 million non-U.S. nationals, many of whom are already in the U.S. illegally, would be granted temporary amnesty, according to a report from the Congressional Budget Office (CBO)."

https://thenationaldesk.com/news/americas-news-now/build-back-better-act-would-grant-amnesty-to-millions-of-people-cbo-says

Tweety, BSN, RN · Dec 20, 2021

12 minutes ago, Beerman said:

"Income data published by the IRS clearly show that on average all income brackets benefited substantially from the Republicans’ tax reform law, with the biggest beneficiaries being working and middle-income filers, not the top 1 percent, as so many Democrats have argued."

https://thehill.com/opinion/finance/584190-irs-data-prove-trump-tax-cuts-benefited-middle-working-class-americans-most

That's one way to look at it from a percentage point of view. But my tax cut percentage results in thousands in my pocket, not millions or more even if it was larger than some.

Also, another way of looking at it is that it delivery on it's promise is stimulating the economy and creating jobs. In some respect probably so, but not in a massive way. There have been many studies that the trickle down effect that republicans predicted at the time did not happen.

There are also studies that showed it didn't work with the Bush tax cuts, and yet republicans were insistent on trying it again.

The tax cuts occurred at a time of economic boom and most likely that boom would have roared along without the tax cuts.

https://www.businessinsider.com/biden-infrastructure-corporate-tax-rate-trump-cuts-ceos-economic-growth-2021-4

Tweety, BSN, RN · Dec 20, 2021

11 minutes ago, Beerman said:

Sounds like this is being cut out of the bill, but it's important we all know what the administration was trying to pass. While the border is out of control, they were trying to expand amnesty.

"Under President Joe Biden’s current Build Back Better Act (H.R. 5376), an estimated 6.5 million non-U.S. nationals, many of whom are already in the U.S. illegally, would be granted temporary amnesty, according to a report from the Congressional Budget Office (CBO)."

https://thenationaldesk.com/news/americas-news-now/build-back-better-act-would-grant-amnesty-to-millions-of-people-cbo-says

The amnesty was for people that entered before 2011. Ten years. Ten years of living and working the US, probably paying taxes, but surely contributing something, and maybe having children. This should be taken into account. I have mix feelings about kicking them out when the focus should be the border and expelling those coming in which is what he's attempting to do.

Yes, they were wrong for coming in illegally but our focus should not be on pushing them if we have limited resources.

Beerman, BSN · Dec 20, 2021

17 minutes ago, Tweety said:

That's one way to look at it from a percentage point of view. But my tax cut percentage results in thousands in my pocket, not millions or more even if it was larger than some.

Also, another way of looking at it is that it delivery on it's promise is stimulating the economy and creating jobs. In some respect probably so, but not in a massive way. There have been many studies that the trickle down effect that republicans predicted at the time did not happen.

There are also studies that showed it didn't work with the Bush tax cuts, and yet republicans were insistent on trying it again.

The tax cuts occurred at a time of economic boom and most likely that boom would have roared along without the tax cuts.

https://www.businessinsider.com/biden-infrastructure-corporate-tax-rate-trump-cuts-ceos-economic-growth-2021-4

That's one person's opinion. Then there are others. Either way, the economy was booming and we all kept more of our money. As far as the deficit goes, the real problem is that government spends and wastes too much.

Beerman, BSN · Dec 20, 2021

15 minutes ago, Beerman said:

That's one person's opinion. Then there are others. Either way, the economy was booming and we all kept more of our money. As far as the deficit goes, the real problem is that government spends and wastes too much.

Adding to this, what effect do you think eliminating the cuts will have? Following the logic that they didn't produce any substantial benefits, then if they are eliminated there will be no negative effects.

Tweety, BSN, RN · Dec 20, 2021

39 minutes ago, Beerman said:

That's one person's opinion. Then there are others. Either way, the economy was booming and we all kept more of our money. As far as the deficit goes, the real problem is that government spends and wastes too much.

A big difference of conservatives is that taxation is taking people's money when we are spending too much. Fair enough. We do waste a lot of money, particularly in the military industrial complex. We have to live with different opinions.

When they were in control they could have kept spending down and not risen the deficit through revenue reduction. It was the wrong thing to do. I said at the time, also at the time Republicans here in Florida, that we shouldn't cut taxes in a time of economic boom, that we should save that money for a rainy day, start projects that needed to be done without having to raise taxes, because the time would come when the economy would downturn again and we would need that money. Then covid hit....I told you so.

subee, MSN, CRNA · Dec 20, 2021

1 hour ago, Tweety said:

A big difference of conservatives is that taxation is taking people's money when we are spending too much. Fair enough. We do waste a lot of money, particularly in the military industrial complex. We have to live with different opinions.

When they were in control they could have kept spending down and not risen the deficit through revenue reduction. It was the wrong thing to do. I said at the time, also at the time Republicans here in Florida, that we shouldn't cut taxes in a time of economic boom, that we should save that money for a rainy day, start projects that needed to be done without having to raise taxes, because the time would come when the economy would downturn again and we would need that money. Then covid hit....I told you so.

Reagan's failed trickle down theory brought us the rise of the super rich 1%'ers who failed to put their money back into the economy. Somehow Trump thought that he could get away with an enormous tax cut to a very small percentage of the population and through some sort of magic, we would all benefit from their windfall. Even without the pandemic, it was a failed idea. But, IMHO, there is not a thing we can do until the pandemic is under control - all of our most economic uncertainty comes from the uncerain future ahead. We have inflation partly because people are buying too much stuff, but who does it it benefit our economy if they don't? I hope that the Fed's tightening of interest rates will help inflation for all of us, but how will it help businesses? About 40% of the country is unvaxxed and nothing will change until get get that at least halved.

Tweety, BSN, RN · Dec 20, 2021

2 hours ago, Beerman said:

Adding to this, what effect do you think eliminating the cuts will have? Following the logic that they didn't produce any substantial benefits, then if they are eliminated there will be no negative effects.

That's a bit spin of what I was saying. I never said there weren't any positive effects of the tax cuts but that it failed to deliver on some of it's herald promises. If tax cuts were eliminated there would be positive and negative effects. My objection then and now was that taxes never should have been cut in the first place.

Since that's not the issue as there was a tax cut and I should stay focused and not harp on the past.

Of course spending projects is a dirty word. Fox News in a now taken down headline called the inftrusture plan a "massive spending plan". Wording that makes it less attractive to their readers.

Polls back in April polls showed a majority support for Biden's spending plan.

There are also polls showing Americans are ready to tax the rich in order to help pay for it.

https://www.vox.com/2021/10/15/22723457/build-back-better-poll-democrats-bill-infrastructure-taxes