BIG JOE GIVES THE 1%ers / HIGH-ROLLER$ BOTH BARRELS!!!!!!

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View attachment 5065You gotta hand it to old corn pop. He sure knows how to whip up a crowd by falsely claiming he will be the one who finally succeeds in his lifetime to finally soak the rich in taxes......
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BEEN there....
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"The tax increase will lead to a recession…and will actually increase the deficit."- Rep. Newt Gingrich (Republican, Georgia)
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"Not only was the entire national deficit eliminated after raising taxes on the wealthy in 1993, but the economy grew so fast for the remainder of the decade that many conservative economists thought that the Fed should raise the prime interest rate in order to slow it down."
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View attachment 5066
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BEEN there....
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"The tax increase will lead to a recession…and will actually increase the deficit."- Rep. Newt Gingrich (Republican, Georgia)
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"Not only was the entire national deficit eliminated after raising taxes on the wealthy in 1993, but the economy grew so fast for the remainder of the decade that many conservative economists thought that the Fed should raise the prime interest rate in order to slow it down."
While morons remain ignorantly fixated on how much borrowed money is in the Federal checkbook, real fiscal managers are struggling to find ways to keep the rising debt from bankrupting our country.
 
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July 5, 2023
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"President Joe Biden is telling the American people that the economy is in better shape than they think. As inflation starts to fade, some on Wall Street are starting to believe it.

Leading economists at big banks like Goldman Sachs and JPMorgan Chase have lowered their odds of an imminent recession, pointing to a resilient labor market and steady household finances as signs that the U.S. can weather the storm as the Federal Reserve continues to drive up borrowing costs.

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most anticipated recession in modern history may not come,” Jamie Cox, a managing partner at the advisory firm Harris Financial Group, said in an interview.

The job market has started to soften without pushing up unemployment, Goldman’s chief U.S. economist David Mericle said on the bank’s podcast. There’s also growing confidence that the pressure banks felt following the failures of several regional lenders won’t cause a recessionary shock."

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"President Biden’s economic agenda—Bidenomics—is growing the American economy from the middle out and the bottom up, not the top down. Tomorrow, President Biden will announce that companies have committed over $500 Billion in manufacturing and clean energy investments in the United States since the beginning of his Administration. The President will visit South Carolina, where companies have announced $11 Billion in manufacturing and clean energy investments, and the Biden-Harris Administration has already awarded $2.6 Billion in funding for infrastructure projects. The President will highlight that Enphase Energy is joining a growing list of companies beginning clean energy manufacturing operations in the United States—mobilized directly by President Biden’s Inflation Reduction Act—creating 1,800 new jobs nationwide, including up to 600 new jobs in South Carolina between Enphase and its manufacturing partner, Flex."
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Biden: "Junk" Health Insurance
July 8, 2023
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“In America, it sounds corny, but fairness is something we kind of expect,” Biden said. “And I don’t know anybody who likes to be viewed as having been played for a sucker.”
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