Trump’s Red Line
The White House says Stimulus Bill ‘Must’ Include Payroll Tax Cut.
“President Trump wants to provide relief to hardworking Americans who have been impacted by this virus and one way of doing that is with a payroll tax holiday,” White House spokesman Judd Deere said Thursday in a statement. “He’s called on Congress to pass this before and he believes it must be part of any phase four package.”
White House Rationale
The rationale provided by Deere is flimsy. The real issue is that many people make more being unemployed on Covid stimulus than they did working.
Anyone in in that group has no incentive to find a job and work. Trump has raised that point and I agree with Trump.
Understanding the Problem
- No one should have an unemployment insurance incentive to not work.
- What about those who genuinely cannot find a job?
In regards to point number 1, We have had months to figure out a methodology to ensure no one makes more unemployed than they did employed, yet no one has even started looking.
“Find Something New”
In regards to point number 2, Trump’s daughter, Ivanka, says “Find Something New”.
New Career Silliness
Let’s train Java programmers to be bricklayers and bricklayers to be Java programmers. Let’s also train hotel housekeepers to be auto mechanics.
Of course, we do not want to pay any money for this training, people should just go to FindSomethingNew and click on something like Aerospace engineering and operations technician to discover “Employment of aerospace engineering and operations technicians is projected to grow 4%.“
You can also find pathways to develop apps in Swift, Apple’s powerful programming language, become a registered nurse, web developer, or even a wind turbine technician.
Voilla!
You have all the key facts to find your new career.
What about the aerospace engineers, web developers, Apple coders, broadcast technicians , etc. etc, who are out of work?
That’s the beauty of it all. They will not need much training to become hotel housekeepers or McDonald’s servers.
It’s Possible
Career change is possible.
I went from grocery store assistant manager in Jr. College to a degree in Civil Engineering and work as an environmental engineer, to a computer programmer and eventually AVP at Harris Bank, to a computer consultant, to an economic writer with a series 65 investment license.
So, yes, it can be done, but …
All Continued Unemployment Claims Top 32 Million Again
There are 32 million people on some form of unemployment assistance.
For details and additional charts, please see All Continued Unemployment Claims Top 32 Million Again.
You would be lucky to retrain 200,000 of them, if that, and in what timeframe?
More importantly, what will the rest of those 32 million unemployed do with their payroll tax cut?
Let Them Eat Cake
It is beyond arrogant to propose “Find Something New” as a general solution.
This was Trump’s “Let Them Eat Cake” moment.
Congress in Session on Monday
Congress is back in session on Monday. Senate republicans want to reduce business liabilities.
Democrats want to extend pandemic assistance for something like forever, letting the purposely unemployed take advantage of the system.
In the past 4 months no one bothered to address any of the flaws in the current programs.
And now, no one but Trump seems to want a payroll tax cut, but Trump says he will veto a bill without one.
That’s a bluff of course, and everyone knows it including Senate Republicans now willing to stand up to him.
Cake for Everyone
The compromise will likely be some cake for everyone.
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Mish
Since tariffs are taxes Americans pay, he could start there. That would be one way I could keep more of my money without him fighting with Congress on something that is nothing more than more pandering at this point.
His last tax cut was a joke and not the “biggest ever”. Another missed opportunity delivered by Donald Trump…
Finally! This is great news I hope he sticks with it. This is a Tax Cut that will benefit lower income especially if in acted now most high wage earners have already stopped paying! Make it permanent.
Drain the Swamp! This is a step in the right direction.
Making it permanent would be the end of Social Security as we know it. Hope you have a generous company sponsored pension plan.
All activity tax cuts are a step in the right direction.
Just have to make sure they will never be rescinded, by way of increasing borrowing now then being used as an excuse why taxes “must” be increased in the future.
Wow! Probably one of the dumbest solutions, a payroll tax cut, to stabilize the economy when over 30 million people are unemployed and can’t go back to work because of lockdowns. If benefits aren’t extended watch the
Economy fall off a cliff and the Republicans get creamed in November. A Herbert Bush moment!
What is the problem that we are trying to solve? A huge number of people lost their jobs thru no fault of their own. I doubt very much that a payroll tax cut will get that many folk back to work if companies are not hiring. I also doubt they will spend the extra money in this economic climate. It is the unemployed that need help paying the rent and mortgage. I think Mish hit the nail on the head. No one should receive unemployment pay that exceeds the income from the job that they lost.
The question you have to ask yourself is if a tax cut in any form will save companies and jobs….then if you consider that Rothbard claimed that the “G” in the GDP calculation actually hurt the economy and you coupled a tax break with shrinking government it would seem to be a way to stimulate private sector growth.(or at least stop retrenchment)
But if you think reducing taxes doesn’t help why not raise them then? Or for that matter increase gov’t spending even more. Personally, I think it’s laughable…but many, MANY people feel that gov’t can actually spend us out of downturns. So I’m in essence a moron in their eyes.
I say why should they be pikers? Let them ramp up the taxing and gov’t spending to show us all how it works. Don’t even bother with half measures.
Well considering the mess we have, the pragmatic fix would be to allow businesses to take on those collecting and allow that money to continue while they work. It helps small business staff up without risk.
It isnt the people’s fault for collecting checks and not working for less. This makes intuitive sense for households where both parents were working and have children in summer camp which is not open or too risky an option because of covid. Unemployment is going to stay high because school is going to be remote this fall. The Trump administration keeps pretending there is no pandemic but hospitals continue to pile up dead bodies. Coroners offices in Texas and Florida are ordering freezers because they cant keep up.
Instead of a flat $600 a week make enhanced federal unemployment benefits a match of 50c on the dollar of the state unemployment benefit. That tops it out at 60-75% of pay.
You have turned this into an I hate Trump site. It’s not going to solve anything.
If you actually are looking for a job in your industry and can’t, then try something new. I agree with that. I also agree that tons of folks just started looking.
I know several people who are home making more than many I know who work. This is not right. Let’s face it.
You are exactly right. I have not heard one idea from the Biden camp to stimulate economy. The only thing I hear are these social justice ideas that are just absolutely absurd, and bewildering that anyone here doesn’t see it either. I am not a Trump fan anymore, but will vote for him in 2000 vs. the chaos from the left. Yes, if I can’t find a job, I got to go on unemployement and look for a NEW job. This job may not be in my field, but I got to eat, yes? I need a roof over my head, yes? I’d do delivery if I had to and work 2 jobs, one on weekend. Whatever it takes. This hand wringing is pathetic and anti-American. Stop being commie’s and asking the government to wipe your butt all the time-do it yourselves! The only thing I would do is have some type of universal healthcare to take the stress off not having health insurance when not working (I’ve been paying mine for 19 years fully), but this cannot done with this unstoppable illigal immigration and soaring deficits which is another whole topic.
Finding something new will be a necessity for many. Work on your ‘talent stack’ as Scott Adams calls it. I don’t see what’s wrong with it. Is waiting and complaining better?
There is no evidence that people are turning down jobs to keep unemployment. Mish – you are usually evidence-based and this is disappointing. You should talk to people who can’t pay their rent. Please don’t over simplify this disastrous financial situation for hard working people who have no prospects. I know you have empathy for people. Honestly, it’s ironic that you complain about Ivanka here (which is right if course) and then you push for lower unemployment for people who have zero chance of finding work.
The problem the USA has today, is qualified workers, with or without being a college graduate. If, the gvmt would allow, the amount of money, that a SOC SEC receiptiant can earn, per year, instead of $25k or whatever the amount is, something to low, if you ask me, then, some of us could go back to work, or increase our hours, or help out more, until that time, your struggling & suffocating yourselves into oblivion! With all the deaths out there, & sickness, now, due to COV 19, & having to wait for the kids, to graduate or finish college, something’s gotta give, or fill in for the lost loved ones. Trump is so cutting back the taxes for the rich, but, what about sharing a little bit more, to the past voters, that are still alive, a retired, disabled, or the elderly. We want a piece of pie too, instead of suffering with below poverty wages, from the social security dept, that we are grateful to, but, could add to the social security taxes, & help others, that are yet to come, & that way, maybe, their won’t be that cut off date of 2034, now sooner, due to COV 19, when, I’m 80, & wondering, how, & when, the next check will ever come!
Always thought I would make a great brain surgeon. Where do I sign up for some college courses?
Any vacation on FICA contributions (or funding social security from the general fund) feeds into a strong under-current that would like to abolish Social Security. That is probably why they are making such a point of it.
It was bad enough in the eighties when they increased the contributions to fund trickle down tax cuts for the rich, a bonanza to the financialization of the economy. Starting with Bush’s attack on the Trust Funds (I didn’t see any money there; as though he was expecting a quarry full of cash; does you bank or pension fund have rooms full of “money”?; does cash change hands when you buy a property or exchange stocks?; no, these things exist as a score on a ledger), there is a persistent call to privatize the Fund so that the finance sector has even more money to speculate and embezzle. Though it may sound well-meaning to introduce things such as means testing SS, all these measures only serve to undercut the principle involved, which is solidarity with old people who can no longer work, and who would otherwise (and used to) be consigned to penury and illness and a squalid death. Private pension schemes are proving unreliable (bankruptcies, mergers, private equity, shell companies), a trend that will soon become a storm.
And spare me the comments on how these people should have saved a nest-egg of $11 million to live off the bond interest coupons.
Eliminate all corporate taxes by turning them all into Subchapter S corps from C corps. Their earnings would be doled out to the stockholders as of the last day of the corps’ fiscal year. Some, like pensions would be tax exempt, but many would be in the 39.5 percent bracket. Ouch to them.
Or there are no jobs and the idea people do not want to work is a load of rubbish!
In economic downturns, people’s morality fails and they act like hobo’s and bums. As soon as he trend picks up, they turn into hard-working contributing citizens.
It’s true that people can increase their chances of a job by moving to a different sector or having more skills, or a better CV, or whatever is currently fashionable. But they increase their chances relative to other job-seekers. It doesn’t create more jobs. This fallacy of composition is always the default narrative to hide the fact that trying harder does not create more jobs structurally.
There is a sense in which a better labor force benefits the entire economy and creates more jobs, but this is a generational effect.
Well said, Web. I have long pondered how the relationship between labor and capital functions in the modern economy, especially the so called “service economy.” People are responsible for getting training and skills for jobs – that the economy provides. When the economy provides a vast preponderance of crappy jobs – some 70% of jobs created in the last 10 years pay $15/hr or less – then this is a disconnect that workers can’t really fix no matter how much training they get. Put another way, perhaps this reality is why our society is so dysfunctional and financially lopsided now.
“Or there are no jobs..”
You mean as in: “There are now nothing whatsoever which anyone could possibly want to have done. Noone has any needs anymore, which it would require some work to meet. No road will ever need repair, and there exist noone who would sort-of want a new road going to somewhere where one is not already existing, and perfect….. Etc., etc…”
Ivanka…”I try really not to try to schedule anything on the weekends, though just because of what we’re passionate about, Jared and I will go walk around neighborhoods and look at properties that he owns and that I own, but that’s fun.”
I bet she and Jared have never had to pull the weeds in the bushes or go up and patch a leaky roof. I did both today, not such fun!
Payroll taxes are a “nickle and dime” issue considering the mess we are in. Trump sports a distinct view of the financial world that is rooted in his past. The President’s “damn tomorrow” attitude is reflected in deficit spending and his constant call for lower interest rates.
His idea the stock market can go straight up forever is not based on years of stock trading but rather seems rooted in his real estate background where inflation has served him well as prices rose ever higher. This does not work for everyone. More on this subject in the article below.
“You can also find pathways to develop apps in Swift, Apple’s powerful programming language, become a registered nurse, web developer, or even a wind turbine technician.”
If you ignore the fact that 30 million Americans have an IQ below 80. The minimum IQ to join the army, in any capacity, is 85.
And the minimum IQ, or LB, or XN, or BlahBlah, or whatever; required to collect billions in Fed welfare as a “hedge fund manager”, nor to sit idly on ones couch while being handed millions by the same Fed by way of “home price appreciation” or “my portfolio goes up!” doesn’t even register above zero.
And since that is how ALL wealth and money has been made in America for the past 5+ decades; one can only conclude that IQ; or LB, or XN, or BlahBlah, or whatever; has exactly zero to do with why more and more people are having a harder and harder time getting by.
Financialized hellholes are ran by rank idiots (Trump), For rank idiots (FIRE racket childbrains). Hence why none of them accomplish anything at all, beyond burning the seedcorn they inherited from back when the Gold peg kept the financialization rackets at least somewhat constrained.
Thirty two million plus on some sort of unemployment, and probably another 10-15 million (we will never know for sure) that have lost work but have been rejected for unemployment for whatever reason, I know here in Florida MANY legitimate covered people have been denied. In many cases the employer cannot be reached, and even though the employee was covered if they can’t contact the employers TFB, go get a job you lazy bum.
On the other hand: The rationale provided by Deere is flimsy. The real issue is that many people make more being unemployed on Covid stimulus than they did working.
Thursday my garage door decided it was a great day to give up the ghost. I just got home from Home Depot and the garage would not open, I went to Walmart and bought 9 volt batteries because I thought it was a dead remote. New battery made no difference so I used the key to go in through the front door. Pushed the button on the garage wall nothing happened. So back to Home Depot to get a new garage door opener, because I called around and a repairman with garage door companies all said it would be weeks. Why? No workers. So I bought a new opener and went to get a handyman to install it. Nope, no workers doing this now.
FUCK! Nobody wants to work, they make more on their UI than working, and some are making less, but still using UI as vacation pay because they otherwise have no benefits and no vacation time.
So I have this garage door opener sitiing in my garage and no way to install it. All I really lack is a ladder. But I can’t buy a ladder and transport it in my BMW. Delivery costs twice as much as the ladder does.
So, yesterday I decided to open the pool filter, clean the cartridge, and get it working right again, something I put this off because I knew how neglected it had been and it was going to be a major job. Sure enough, the drain plug was stuck as if it had been welded. I am out there for hours trying to work it lose and zip, in 95* heat with Florida humidity, heat index 109* and OMG was it a pain in the ass. The drain plug finally collapsed and broke without ever moving a single atom. Well, once broken you can move on and it took all my strength and another hour to get the top half of the assembly off the bottom and I am sweating the thought the O ring will be ruined.
Got it off eventually and went to hose out the filter cartridge, it had YEARS of crap in it. Dog hair alone. It must have been 3 or 4 years since it was serviced. But, once clean all I had to do was get that old drain plug out and put it all back together.
Nope. The drain plug was two inches from the wall and I could not get at it to drill out what remained to put in the new plug. So I had to remove the bottom assembly from the top, thus the need for the wrench. Even with a borrowed rwrench I could not budge the couplings, so the plumbing pipes have to be cut and my frustration level is through the roof, I just wanted to clean the goddamned filter because nobody had done it in years. I ended up buying a whole new flilter system at Pench a Penny for almost 600 bucks, but can find no installers that can do it before mid week next week. By which time the pool will be green. WHY? Because so many are taking a well needed vacation. Those that are left working are like the Shirk Brothers from the movie The Money Pit. Show up in a limo and demand 35 year old bourbon, then say it is going to be three prices and will take months to do. And I am Tom Hanks wondering how to pay for it.
So I now have a pool filtration system sitting in the garage and no way to install it.
So, I am on the way to Home Depot around 230 today to buy my own tools to get those stuck couplings to move, or PVC parts and pipe dope to install the new filter unit which I really did not have to spend the money on othere than the fact that I can’t hire someone to come fix the old unit, and a thunderstorm blew up a few miles from the house and I had the top down on the old BMW so I ducked into the Walmart parking lot to stop and put the top up. Viola, halfway up it quit. You can’t drive the car with the top stuck in the halfway position, so I had to call roadside assistance to have the car taken to BMW of Ocala, the nearest dealership. But by the time the truck arrived it was less than a half hour till BMW closed till Monday so we had to take the car to my house till next week. BMW actaull said I should take the car there and drop it off in the covered area outside the service bay, with the top halfway open. Right, I am leaving my BMW open all weekend in Ocala while I am stuck at home without even a rental car.
So the guy goes to put the car on the tow truck flat bed and says he needs my towing eye hook that screws into the bumper for towing. Of course it is in the trunk which will not open while the top is in the halfway position. It took a while but he agreed to take it to my house without the hook.
BMW told me that they have a staff of ten techs normally but due to Covid six are off collecting unemployment. They are weeks behind. The manager told me that cars have been there for more than a week that have still not been seen. And GEICO says my roadside assistance only covers 20 miles, it is 43 to the dealership.
Meaning I am going to have to pay about $250 to get the car to BMW on Monday morning where I will leave my car till who knows when and rent a car till it is right.
I will have no choice but to use my emergency high interest card to pay for it.
But there was a bright spot, the guy Mike is his name, called, I had emailed him from his Craigslist ad about handyman who could help me repair the rotting beams holding up the roof, he was sorry he had not got back to me sooner but he and his wife had been stuck in some airport waiting. They had been on vacation and just got back, but because of the car breaking down I could not see him today. He will be here Monday to look at the house and give an estimate that I just cannot pay.
The world has not stopped for Covid. When everyone was working there was work to go around. Now, it is all a mess. Some have 10% of the business they had this time last year and expect those who call now to pay a much higher price so they can stay in business. And if 90% of us can’t or won’t pay the new prices they still have plenty of work from people who will because they have no choice.
I could get all these things done today by simply saying there is a bonus in it for you, a few hundred tip. A thousand, a few thousand. There are 10% of the population that can and do pay it. All I have to do is win the Powerball tonight.
So, if you stuck with me this far I want to say that those who had regular jobs and got laid off because the business they worked for closed, or curtailed to 10% staff or whatever, yes, cover them and give them NORMAL unemployment, because unemployment is unemployment, they do not need an extra $600 per week because the reason is Covid. You understand that there are people in Massachusetts collecting over $100,000.00 per year on unemployment right?
Even in Kentucky they max out at almost $60 thousand per year and you think that is not a motive to stay home and not work? I wish I made that much. I am a 100% disabled veteran and the government has paid me $720 per week because that is all you need to live on and many in congress would slash that. Yet a Covid unemployed person gets $600 on top of state UI and other benefits equal to or greater than the benefits they got working. And the democrats want to basically make that open ended.
I want fairness. The Fed and federal government have given well north of $6 trillion to business, while that $1,200 stimulus check amounted to well under $300 billion.
It is the GFC all over again where all stimulus was channeled to Wall Street and which made our top 10% so much wealthier than they ever were, while 5 million people lost homes and credit. This is the GFC at warp speed and ten times the inequality.
People like me with no stimulus and no capacity to increase income are just flat out fucked, I will be homeless before this year is over because all the low interest largess will not filter down this far, we can’t have moral hazard entering the economy can we? When I saw that $600 per week ($31,200 per year) on top of UI state compensation I nearly shit. Most of the people collecting UI were not making that much to start with. And if they were why does the government think your disabled vets can get by on less?
So not flimsy at all. There are tens of millions that would gladly go back to work and be grateful for any job if that $600 went away.
Stuff does not stop rotting, hair does not stop growing, things still get obsolete on a daily basis, fires happen, storms happen, accidents happen, it takes all of us to keep this running, you can’t just take six months off because of Covid or anything else. As an older person at threat to dying because of the virus YOU and the government could have bought or hired limos to deliver food to me so those at real risk would not starve and it would have cost less than a single digit of what they have handed Wall Street for all this.
Great job! I couldn’t have said it any better.
Thank you
President Trump’s nepotism bothers me a lot. Every time I see Ivanka or Jared interacting with the public or other members of government because of their family connection to the President and not because someone unrelated selected them based upon their qualifications, I count it as a strike against Trump. They should at least stay out of view until after the election.
Who else would hire them?
Cutting payroll taxes also helps to speed up the bankruptcy of Social Security. Trump does need to say a work about SS, just speed up its collapse. Win Win. Story of today’s America. No debate, no compromise, just toss the problem to tomorrow and hope you are gone when the ???? hits the fan.
Senior citizens just love it when politicians threaten Social Security. It’s such a winning proposition that it’s called the 3rd-rail of politics.
Have the past payroll cuts been on both the corporate portion and the individual’s portion of social security tax? If so, is this just another back handed way of dealing more pork to Wall Street? Just curious.
#1: I’m tired of all this get off your ass get a job talk when there’s 4 unemployed per 1 job opening
#2 I’m tired of get off your ass get a job during the pandemic which is at its worst yet and projected to get much worse it’s as if everyone totally forgot about in 2 months
#3: I’m sick of this retrain crap. Yeah right. People with homes and families……..yeah you could spend the next 5 years at least trying to do something worthwhile while your family lives in a van down by the river.
It’s all a bunch of crap. Do whatever you can to protect yourself and take whatever they give while they’re giving.
Yes, retrain to go into debt to the EDU cartel.
lmao. Last I heard campuses around may not even open so then you get rushed, ill prepared online crap for the same price. I spent the last 5 years as a 2nd shift plant supervisor and our outfit was completely crushed by this and 2/3 of the plant was done away with including my position which is why I might be a bit more vocal on here. Luckily for me I do have savings and my house is paid for but we all know what it takes to maintain these days esp with all our lovely property taxes and insane electric bills. As of yet I haven’t found anything close to what I had and I don’t expect to i’m just looking for something that I don’t mind doing. The closest thing yet is a 60 hour work week for half of what I was making ill keep looking. Im seriously considering a night stock position at a grocery story and just ride the storm I think things are going to implode big time I think trying to fall back into something more serious is potentially a waste of time right now.
So, you want to have someone give you something…. Good luck with that…
Agree with your 3 points.
Your final advice could be summed up, do what you can to stay above the fray.
That is what I’m doing.
“..while your family lives in a van down by the river.”
Don’t you know that in limit-case, totalitarian, financialized dystopias without a single redeeming quality left whatsoever, it is illegal to live in a van down by the river? And anywhere else, for that matter.
How do you suppose you would contribute to the rent seeking rackets aimed at keeping the dumbest and least productive Americans in the greatest splendor at the expense of all the rest, if you were allowed to do something as rational as parking your van near work for the week and by the river for the weekend? Instead of paying usury in order to be allowed to live in a shack under a freeway 3 hours from your cotton picking job?
Financialized dystopias exist solely for benefit of those The Fed decides to hand all benefits to, after all. Including the benefit of having any freedoms whatsoever. Such as the freedom to live where it makes sense. I mean, how would Massa get to live in a nice “home” without ever having done a lick of anything productive to earn it; if all “his” cottonpickers could just pick up and move into a van by the river? Instead of doing as told, and working their 14 hour days to pay rent to live twelve to a room in their assigned Uncle Tom’s cabin?
I concur Kansas. I understand trng and education – I went back to school for my Masters when I was 50 – but it’s laughable to think that it is even possible to constantly be retraining for jobs that are constantly changing at a rate that they are. Hey, Mr. coal miner, they’re creating tons of Personal Care Attendants jobs! (That pay 14 bucks an hour.)
I fear I have is that the (coding) job I love with great benefits (i.e. healthcare) will be the last job I have with benefits because of age discrimination that is built into the tech industry (yes experience and problem solving are a plus, but I see age discrimination in tech industry hiring every single day).
So what the genius Ivanka is saying to me is that when I am eventually sacked I will need to look into the exiting and dynamic of field of Wal Mart greeting or go into hardcore debt to the EDU cartel to get retraining.
And what good is retraining going to do when millions were probably just let go from whatever stupid crap you are going to retrain for. We got problems.
I am glad it’s not just me seeing age discrimination in the tech industry. Only virtue signalling people work in the industry nowadays.
Payroll taxes are plain idiocy to begin with, so lowering them to zero forever cannot even possibly be a bad thing.
Same goes for all other taxes on economic activity, though. Taxing economic activity, is as 100% straight up theft from productive people, and productive activity, by and for nonproductive leeches, as it is humanly possible to get.
You simply can not create a more destructive and value destroying taxation scheme than that. Doesn’t matter if it is income or sales taxes. Corporate or individual ones.
Viable, hence profitable, economic activity, is the one and only means by which any new wealth, hence any improvement on the overall human condition, is made possible. Taxing that, hence making it less affordable, less viable and less attractive; in favor of handing money to free shit army members doing nothing but destroying value; truly is as backwards as things can even theoretically get.
Well why do we even pay taxes they create this crap out of thin air anyway lol.
For the same reason The Dalton Gang robbed both banks AND trains. And the Mafia both extorts and deals drugs:
Because they can. Since their victims are too pliantly subdued to effectively fight back.
Mish, unless you are of a certain age, employment in IT will be difficult. It’s obvious that you haven’t been in the computer industry in years, but nowadays getting a job in the industry involves solving a series of exam like questions/problems that’s clearly targeted to younger people coming out of college.
So yeah Finding Something New or #JustLearnToCode will not work for most people.
At 30 million people, I would suggest banding together and revolting instead. Upend the social order for the ultimate solution.
I don’t think he was advising that? Sounded to me like he was mocking the absurdity of it all. I like the revolt idea better and you don’t have to take out 100k for it.
Had I been given a few days to prepare for test. I would have done better.
Hello, DC? I’m the taxpayer. Don’t I have a say how my tax dollars are spent? After all, I worked so that you could collect taxes from me.
It’s not even your dollars now. It’s imaginary dollars from nowhere. They just tax you out of spite.
Only 1/3 of the population (soon to be 1/4)work at all,and the vast majority of those who do work,work for the govt.Plus DC is running trillion dollars in red ink every month!!!But I get,Trump is the swamp’s bitch and anything that helps the 1% he’s all in!
Actually every friend I have works for the govt. My neighbor works for the govt in some sort of maintenance position and cant even get up his stairs without gasping for air so you know his fat ass isn’t working very hard and he’s only 50. He likes to get drunk and cry about socialism and people on welfare. He probably misses a day nearly every week or 2. I just stay away from him before I knock his ass out.
The vast majority of workers before the pandemic struck work in the private sector (85.5%). All government employment has fallen since the start of Obama’s second term.
“The public sector employs 20.2 million people in the US, approximately 14.5 percent of the workforce. Public sector employment is generally divided into three categories: federal, state and local government.”
Question: if an industry receives a $100 billion government bailout, are those now public workers?
Question: if corporations pay no tax and the rest of us pay 100% of taxes, are those public entities?
Yes and yes
Question: If without stimulus the economy would collapse, does that make a job that befits off that stimulus a public entity?
Good thing we don’t have socialism! That would be a catastrophe!
As someone who happened to land in an industry that benefited from covid, and now gets to work from home for the same exorbitant pay…. thanks?
I should really donate it, but I probably won’t.
It is clear the Democrats would rather flirt with the moral hazard of paying people not to work, and to inflame division between the employed and unemployed by giving lavish entitlements to the unemployed while giving nothing to working people who are in many cases risking their health and lives to remain working.