Author Topic: The Joe Biden Thread  (Read 6720 times)

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Offline Black Dog

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Re: The Joe Biden Thread
« Reply #750 on: March 08, 2021, 04:21:58 pm »
Money is not in infinite resource. As such, decisions have to be made.

Actually it is.

And it's funny how it's always "we need to make tough decisions" when it comes to dividing a pie meant to help people, but foreign wars get a blank cheque.

Individuals who are earning more than twice the average are less likely to spend any unexpected cash... instead, they are more likely to save/invest it. While that might provide a small benefit, it is less optimal that either increasing payments to the less wealthy, or investing in infrastructure. (And the Covid relief bill did transfer funds to other levels of government to help with infrastructure.)

The point is giving up to 12 million people less money than they got under trump (money that you can get back from them come tax time anyway) because of some aversion to not means testing everything to death is not smart politics.