Of course you'll pay more when you make more.
All this graph tells me more than 1/4th of the income in the US is earned by the top %1, which is terrible for the future of the country.
Who in their right mind would find this kind of income disparity normal?
Go back couple decades when single...
What can?
This country had a balanced budget during Clinton years.
The biggest reason for our deficit is cutting taxes for the highest income levels and trying to create a top down economic incentive model which didn’t work as you can clearly see from the stats @Redleg wrote.
This dumb approach...
It’s hard to argue with you when you say things like high interest rates and high inflation caused recession.
The reason for high interest rates is to curb inflation because inflation can cause recession when demand slows.
I asked why we are having a recession? The one you mentioned was Covid related.
I tell you why, for no reason because of stupidity.
Also you realize every recession adds trillions to national debt right?
Way to doom and gloom??
You didn’t see the doom and gloom yet.
Can you also explain why we are having a recession with %4 employment rate and how we will come out of it?
Who? Millions because the averages tells you so.
Are you telling me millions are wrong because some dumbass doesn’t know what he’s doing?
Are you blaming people who invested their life savings in mostly American companies?
Also do you believe our justice system or you only believe when it...
You have no idea what’s gonna happen like the administration. You’re just repeating big words like reset to justify the dumbest move in decades. You might be ready to accept pain but this pain might be unbearable for most. You should accept the fact of what is happening right now.
MAGA crowd here is still trying to defend this dumbest tarıff move in recent history blaming Powell and how it’s going to bring 600 billion etc….
I have news for you a recession which is certain will vipe out trillions in government receipts and our deficit will grow even bigger. Another dumb...
This is the alarm bells ringing. No administration including this one can stand in front of this. They will either change course or there will be an uprising inside the party. Phones are ringing inside the congress offices.
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