What's in Biden's landmark climate & healthcare bill?

Damocles said:
No, we don't. Inflation above 9% is never good, Jimmy Carter proved that one. We need recovery where inflation doesn't steal the real wages of those in the poorest jobs.

There may be a temporary bump because they see you waving your arms now and think you are alive, but when they realize they are poorer than ever there will be a red wave like none you have seen since Reagan's second term. Again, you get to pretend that things are going great, but the real world is still happening. If you really believe that 10% inflation is "great" because everybody has more than one job you must be a democrat. Everyone else knows that it sucks.
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I have been through three real recessions in my adult life - the Reagan recession of 1982, the Poppy Bush recession of 1991, and the George Dumbya Bush recession of 2008,

This doesn't feel like any of those.

I've never heard of a recession that had 3.5 percent unemployment and half a million jobs created in a month
 
Celticguy said:
You are assuming the IRS is required to "play fair".
It is well known that you can call the IRS on multiple occasions to ask about a speciic provision and get a different answer every time.
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They have always played fair with me.
 
Celticguy said:
You are assuming the IRS is required to "play fair".
It is well known that you can call the IRS on multiple occasions to ask about a speciic provision and get a different answer every time.
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They have always played fair with me.

I suspect there are a few incidents where they dont, but by and large I think those who whine were caught breaking the law. Criminals always whine about the police.
 
cawacko said:
Yes things are weird because we’ve never really had a complete shutdown of the economy like we did during COVID so many factors are out of wack as a result. But I was speaking about housing. I don’t live or invest in Florida but I can still read about the Florida housing market and reading about Orlando, Tampa and South Florida I see the same thing that is happening elsewhere, a slow down from the boom.
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Yes, the peak of the boom is over, its slowing, but Id still call it a boom.

My neighbor just sold a house last week for about 30% above what it would have sold for 18 months ago.
 
cawacko said:
Yes things are weird because we’ve never really had a complete shutdown of the economy like we did during COVID so many factors are out of wack as a result. But I was speaking about housing. I don’t live or invest in Florida but I can still read about the Florida housing market and reading about Orlando, Tampa and South Florida I see the same thing that is happening elsewhere, a slow down from the boom.
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It is a very strange recession, there are sectors doing very well. I hope that means it is going to be a shallow and short recession.

Im not so sure we will still be in a recession when third quarter numbers come out, we might already be out of it.
 
cawacko said:
How do you have a booming housing market when things are slowing?
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Booming does not mean accelerating upward, it means doing very well. The peak and for a while after a peak (also a while before a peak) is the boom time.
 
Jarod said:
Booming does not mean accelerating upward, it means doing very well. The peak and for a while after a peak (also a while before a peak) is the boom time.
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A housing boom is what certain/a number of areas had six to 12 months ago when homes barely stayed on the market with some homes getting a dozen or more offers and many homes went well over asking. That's a boom.

We are now in a period of rising interest rates and a solid drop in new housing permits. Home builders exist to build new housing. Housing permits would not be down like they are if we were in a booming market.

Every area is different. But even the best markets are seeing a slow down. They can still be strong markets but they aren't booming.
 
Jarod said:
They have always played fair with me.

I suspect there are a few incidents where they dont, but by and large I think those who whine were caught breaking the law. Criminals always whine about the police.
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most of the complaints come from people who took IRS advice on their tax returns and were later penalized for using that advice. after numerous reports of this journalists did the multiple calls experiment.

the government is not your friend.
 
cawacko said:
A housing boom is what certain/a number of areas had six to 12 months ago when homes barely stayed on the market with some homes getting a dozen or more offers and many homes went well over asking. That's a boom.

We are now in a period of rising interest rates and a solid drop in new housing permits. Home builders exist to build new housing. Housing permits would not be down like they are if we were in a booming market.

Every area is different. But even the best markets are seeing a slow down. They can still be strong markets but they aren't booming.
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Ok, you can have that, my point still stands about it being a strange recession.
 
Celticguy said:
most of the complaints come from people who took IRS advice on their tax returns and were later penalized for using that advice. after numerous reports of this journalists did the multiple calls experiment.

the government is not your friend.
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Untrue.
 
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biden and the democrats betrayed the american people by increasing all of their costs

https://www.justplainpolitics.com/s...-has-cleared-the-Senate&p=5232016#post5232016

$6.5 Billion Natural Gas Tax Which Will Increase Household Energy Bills

$12 Billion Crude Oil Tax Which Will Increase Household Costs

$1.2 Billion Coal Tax Which Will Increase Household Energy Bills

Corporate Income Tax Hike on U.S. Businesses Which Will Be Passed on to Households

$124 Billion Stock Tax Which Will Hit Your Nest Egg — 401(k)s, IRAs and Pension Plans

95% Federal Excise Tax on American Pharmaceutical Manufacturers

$52 Billion Income Tax Hike on Mid-Sized & Family Businesses

Supersizing the IRS to Increase Audits – $124 Billion
 
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