Joe Biden’s policies are ruining the economic lives of people across America.
The latest Census Bureau report on income and poverty could hardly have been grimmer.The child-poverty rate doubled.
There was one quirky piece of “good news” for White House progressives obsessed with “income inequality.” The ratio of the total income of the top decile of earners to that of the bottom decile fell — by 10%. We now have an all-time high of 38 million Americans living in poverty.Biden says he’s abandoned “trickle-down” economics.Everyone is getting a smaller slice of a smaller pie. tide that lifts all boats, we now have a falling tide that is capsizing all boats — but the big yachts have sunk more than the row boats.
First, he’s raised taxes on the richest Americans; second, he’s redistributed $1.2 trillion per year of taxpayer money to the poor via anti-poverty programs without any requirements that the recipients work. Free money.It’s simple math. First, every dollar that the government takes in taxes from the rich reduces their incentive to produce.The higher the tax penalty, the greater the disincentive to work.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Hunter Biden Called Selling Access to Joe Biden 'Keys' to 'Family’s Only Asset'Hunter Biden referenced selling access to President Joe Biden as 'the keys' to 'my family’s only asset,' according to messages from Hunter Biden's iCloud backup released by the House Ways and Means Committee on Wednesday.
Weiterlesen »
Jonathan Turley: Monetary Benefits to Biden Family Implicate Joe BidenMonetary benefits to Biden family members are benefits to Joe Biden and implicate him in wrongdoing, legal scholar Jonathan Turley said.
Weiterlesen »
Biden family worked closely with Chinese companies ahead of wire paymentsA Chinese businessman who sent Hunter Biden wire transfers that listed Joe Biden’s home address in 2019 had multiple interactions with Joe Biden, according to emails and witness testimony.
Weiterlesen »
Joe Biden, Democrats have every reason to be jubilant after second Republican debateSeven candidates were on the debate stage for the second Republican presidential debate in California. No candidate had a breakout night. And ex-President Trump is in the lead.
Weiterlesen »
Montana man pleads not guilty to threatening to kill President Joe Biden, US Senator Jon TesterA Montana man has pleaded not guilty to federal charges alleging he threatened to kill President Joe Biden and U.S. Sen. Jon Tester of Montana
Weiterlesen »
Biden’s private fundraiser reportedly held at $33M Atherton homeTickets to see President Joe Biden at the Bay Area fundraising event cost between $5,000...
Weiterlesen »