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![]() 52 trillion? LOL. Is that even a real number? Sounds like a made up number, like a Bazillion.
1 bazillion Space bucks. That's my plan I'm a runnin. ![]() |
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![]() And what about infrastructure, education, energy, immigration, etc? Sounds like a typical bull$hit democratic plan to enslave us even further. Look at any city run by democrats and you'll see whats coming if they get elected. Hey pocahontas here's a graphic on what just 1 trillion looks like and if we have to print $52 trillion to make your plan work we wont have any forests left in America for all the paper we will need to print it on. Dumb bitch
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I mean flat earth sounds plausible if you don't have the background to understand it. So throwing out a random set of figures from nowhere and then expecting a bunch of non economists to refute it is pointless. Start with the real story and then you could have an honest discussion. |
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__________________
Father, husband, son, Marine. "A terrorist is only as strong as the fear he creates." "Things you own end up owning you" - Tyler Durban |
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It doesn't take a rocket scientist to understand that forcing every billionaire and large corporation to liquidate 10% of their assets so the money can go to the .gov is going to have BAD affects. As was pointed out, it's not as if billionaires are like Scrooge McDuck with a vault full of money they go swimming in. Most of that wealth is in hard assets. Assets that in most cases can't simply be sold off to raise cash. |
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![]() Here's a question people rarely ask but ought to: Who is going to end up with the money? When money gets spent, it doesn't evaporate. It isn't going to be used as band-aids. Somebody is going to get that money. It isn't going to be us.
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![]() My father has been talking about this idea from the Senator of late. As he has been pointing out to me, employers do not pay tax in the traditional sense. Employers or companies pass taxes onto the consumer. Higher corporate taxes will undoubtably result in higher prices of consumer goods, such as food, electronics, books, etc.
So the Senator is somewhat correct in saying no direct taxes will be placed onto the middle class with her idea. Instead it will be an indirect tax increase on the middle class, as companies will raise the prices of their products to pay for the tax. |
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Plus she's forgetting that pensions (401K and pension funds ) are largely invested in the stockmarket. I doubt many people will enjoy ( whats left of their ) pensions. |
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Eff them all they aint worth the votes they think they should get |
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Makes one wonder if it's a setup to institute federal price controls. You know, because power. |
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![]() $5.3 trillion works out to over $16k per man, woman and child, legal or illegal, in the US. Maybe Sen Warren should offer the plan on a voluntary basis and see how many of even HER supporters actually buy in.
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![]() Something not mentioned in the Senator's plan is health care waste. Hundreds of billions of dollar per year could be saved if someone in government cracked down on health care spending waste.
There are many reports on this topic. A recent one came out last month from Humana. It's report claims nearly a trillion dollars per year is wasted on unnecessary health care costs. I wonder why the Senator didn't address this? https://www.cnbc.com/2019/10/07/stud...ear-in-us.html excerpt: ....A groundbreaking research study released Monday by Humana reveals that $1 out of every $4 spent on health care in the U.S. annually is being wasted. It's a situation that needs to be addressed by the industry at a time when consumers are grappling with spiraling medical costs.... ...Our researchers at Humana recently completed this multiyear study, published this month in the Journal of the American Medical Association. The study puts a spotlight on the nearly 25% of our country's annual total health-care spending that can be deemed as waste, or between $760 billion and $935 billion each year..... |
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I'd guess if that should happen it'd be time to buy a lot of silver and gold because it would signal the end for many people. Some people pooh silver and gold assets, but it's wise to use that part of the market as a backup, and by that I mean hands-on assets not those silly plans where you don't really have it in your hands. |
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52 Trillion? we should be so lucky. |
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![]() This will usher in a bail-in of Independent assets like bank acts, savings accts, retirement savings plans, etc. Gold and silver are good wealth protections but so are vacuum sealers and shovels.
A friend always wonders how many elderly will choose a scoped rifle followed by three hots and a cot with free medical care and an orange jumpsuit......or starvation, once thier spouse and dog are dead. Crazy and bizarre years ago but plans like this move that goalpost much closer to a sad reality. |
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Basically you can go into a clinic and see that it's overcrowded with perfectly healthy 20 year old soldiers faking various ailments just trying to get out of work. What makes that even better is that once Docs have been in the service long enough to realize that many are faking it, they stop caring and quit believing anyone altogether. Afterwards, the quality of care soon plummets. The docs just wind up giving Motrin to everyone no matter the ailment.. So that's how a free system will be here. Overcrowded, doctors that don't care anymore, and virtually no one receiving any useful help. All of this and more coming to our healthcare system for the low low price of 52 Trillion. Yay for us ![]() |
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