District 5 Diary: Compare and contrast

Monday, March 08, 2021

Daily Kos

Above: Comparing Trump's tax cut for the rich with Biden's American Rescue Plan.

At 7:04 PM, Anonymous said...: I love the colors but the bars tell nothing. All it shows is that the creator of that graph is some what literate in at least the basic features of adobe photoshop.

Right now national unemployment is at 6.3%. With Biden’s tax plan that unemployment rate is going to double coming close to California’s 15% climate rate. Considering California’s population compares to the country California unemployment is 7 times higher per capita.

Companies that are now back in the US will leave again which will account for the huge losses in unemployment. Unemployment rate as I said will be much higher. Social security is fucked. And GDP is anyone knows what that is will be down -1.7%.

Your electric bill goes up at home what do you do? Change your lightbulbs? Keep your lights off? Buy an extra blanket so you use less heat? Naturally you do whatever to cut your cost right? Well corporations and businesses will do the same. Cut employees to cut their costs of payroll taxes, health benefits, and so on.

First month of its passing 600k jobs will be lost. Zero tax breaks for low income and middle income.

This country is going to go to shit. And all that’ll be left is a pick n pull junkyard of old electric scooters.