Quote:Consumers’ view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and business conditions, the Conference Board reported Tuesday.

https://www.cnbc.com/2024/09/24/septembe...years.html

RECESSION FEARS

Forward!


...or sumfim

" we aint going back!"

Don't worry Kamala has a plan.......

(09-24-2024 11:23 AM)Eldonabe Wrote:  Don't worry Kamala has a plan.......

Of course and like Peloser told us, "you have to pass it to see what's in it", and in her case, elect her to see how she plans on screwing us worst than Ol' Foggy.

(09-24-2024 11:23 AM)Eldonabe Wrote:  Don't worry Kamala has a plan.......

That's still better than a concept of a plan, AMIRITE?

(09-24-2024 02:41 PM)Redwingtom Wrote:  

(09-24-2024 11:23 AM)Eldonabe Wrote:  Don't worry Kamala has a plan.......

That's still better than a concept of a plan, AMIRITE?

its probably better than your concept of an insurance deductible........

(09-24-2024 02:41 PM)Redwingtom Wrote:  

(09-24-2024 11:23 AM)Eldonabe Wrote:  Don't worry Kamala has a plan.......

That's still better than a concept of a plan, AMIRITE?

Nope.

Quote:According to the study, Harris' tax plan would decrease average incomes by 1.8%, reduce GDP by 2%, and cut the nation’s capital stock by 3%. These numbers could be understated, according to the report. The plan would result in the loss of 786,000 jobs, including:

・177,000 jobs lost due to increased taxes on net investment income and Medicare,

・125,000 jobs from raising the corporate income tax to 28%, a rate higher than China’s,

・86,000 jobs lost due to higher individual income taxes, and

・75,000 jobs cut by imposing a new 25% tax on unrealized capital gains.

The report also criticizes the plan for doing little to address the country's affordability crisis. Harris’ homebuyer assistance initiative, which could cost hundreds of billions of dollars, would raise housing prices, reduce investment in rental housing, and harm families economically.

The study further warns that her price control measures, described as "Soviet-style," would reduce production incentives and hurt consumers.

Harris’ tax proposals would elevate U.S. tax rates to some of the highest among OECD countries. Personal, corporate, and capital gains tax rates, along with taxes on dividends and corporate income, would all see significant increases.

The study also warns that her tax hike could add trillions to the national deficit over the next decade. While Harris’ public rhetoric is vague on the specifics, the report suggests the real-world impacts could be even more damaging than currently predicted.

With the 2024 election approaching, this analysis raises concerns that Harris' policies could further strain the U.S. economy.

https://taxfoundation.org/research/all/f...s=qB4ZhQee

(09-24-2024 11:01 AM)rath v2.0 Wrote:  Forward!


...or sumfim

some people currently in office did something to the economy and made it much, much worse for people than it was before....

(09-24-2024 05:42 PM)GoodOwl Wrote:  

(09-24-2024 11:01 AM)rath v2.0 Wrote:  Forward!


...or sumfim

some people currently in office did something to the economy and made it much, much worse for people than it was before....

So some people did some things... got it.

(09-24-2024 10:57 AM)green Wrote:  

Quote:Consumers’ view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and business conditions, the Conference Board reported Tuesday.

https://www.cnbc.com/2024/09/24/septembe...years.html

RECESSION FEARS

Oh and thanks for the economic news Green.

PROGRESSive

(09-24-2024 06:11 PM)Eldonabe Wrote:  

(09-24-2024 05:42 PM)GoodOwl Wrote:  

(09-24-2024 11:01 AM)rath v2.0 Wrote:  Forward!


...or sumfim

some people currently in office did something to the economy and made it much, much worse for people than it was before....

So some people did some things... got it.

yeah, I don't buy this PC crap either, but see how it sounds?
Please Save America from the Marxists, Pres. Trump.