Official LRC President Joseph R Biden Thread

Lowering certain types of taxes brings in more revenue.

And adequately funding the IRS brings in much more.

CBO estimates that portions of the Administration’s proposal to increase funding for the IRS by $80 billion over the 2022–2031 period would increase revenues by approximately $200 billion over those 10 years.

cbo.gov

The Effects of Increased Funding for the IRS

@USCBO

CBO estimates that portions of the Administration’s proposal to increase funding for the IRS by $80 billion over the 2022–2031 period would increase revenues by approximately $200 billion over those 10 years.

Open link

‘Law and order party” Crime Blotter

The attorney general of Nevada is quietly investigating Republican activists and operatives who falsely pledged the state’s six electoral votes to Donald Trump in 2020, despite Joe Biden’s victory in the state.

lol...

The next estimate the CBO gets even close to reality will be the first.

So, you will only accept the pandemic as a thing as long as it benefits Trump, right? Do you ignore the 14.7% unemployment rate that, occurred in Trump's last year in office? Oh, because that was the fault of the pandemic right? Oh, maybe it was Democratic governors imposing strict work rules. Um...not here in Ohio. Our REPUBLICAN governor put the kibosh on many work environments (rightfully so, and really the only good thing he has done). The unemployment rate was just under 7% when Biden was elected, and it has gotten to under 4% since (still what is considered FULL employment), AND this is while The Fed has actively been trying to put a damper on the unemployment rate by aggressively raising rates! So, fighting a REAL battle from The Fed to try to get that unemployment rate back up to 5% and still we sit under 4%.

Oh, but you want to give Trump credit for low inflation at the end of his Presidency...but that was caused by The Pandemic, you doorknob. You ignore the high unemployment rate caused buy the pandemic, but fully embrace the inflation rate and low gas prices caused by the pandemic. You are disengenious at best, but really just an idiot.
Since you believe Presidents have immediate affect on everything from the unemployment rate to gas prices to inflation, you need to give Biden his credit. Inflation has dropped to historic norms from super high...with your philosophy, you HAVE to believe then that Biden's policies have driven that inflation down. Gas is under $3 a gallon here in Ohio (and sorry, but that's CHEAP).

Stock market doing well in 2023 too despite two wars going on.
Thanks, Joe Biden! (and I feel a need to throw you a bone here because you are a moron, and I get no satisfaction in trolling a moron...I don't credit Biden for ANY of those things...it is all par for the course following the ending of the pandemic, and had Trump won in 2020 (and he DID NOT), the trajectory of inflation, unemployment, and the stock market would be nearly identical to what they are today. Our democracy would be OVER had Trump won, but the economy would be about where it is today as US Presidents don't have power to affect it much. It's a global economy affected by many things.

Trump called for the execution of Milley. He's a criminal. This is who you support. You are a fool.

And don’t forget that Congress controls the purse strings, not the President.

This is a well reasoned post. As such, it will not register to M@ga. Trumpers don’t dig any deeper into topics or issues than agitprop headlines and Memes.

Perhaps the most truthful portion of your post is this:

“You are disengenious at best, but really just an idiot.”

This is beyond ridiculous and embarrassing at this point, it’s criminal. Elder abuse.

Why do you think that some twitter account is news? There are thousands of idiots on there spouting very biased or totally false information. There are thousands of similar posts showing trump having senior moments, but you probably think those are "fake news" or "the enemy of the people", but will use the exact same source as if it were facts when it agrees with your viewpoint. And you refuse to believe a legitimate news source even when the facts are clearly vetted. Learn to think better or at least hide your ignorance better.

Biden is a senile moron. I do not believe any of the economic data I am seeing. It does not jibe with any of the stuff I am seeing with my own eyes. I saw stats that showed every chemical company profits were down at least 18% in the 3rd quarter. Most down more than 25% and many showing a loss and the whole sector doing terribly for the year. With one of the bastion sectors of the economy doing so horribly how can the whole thing be doing as well as you Dems say.

And he still gets lost & confused.

#FJB

you are literally saying that your anecdotal and limited evidence and gut feel are more accurate than reality.

Joe is having a successful summit with the Chinese leader and US stocks are up 19% this year.

But you be you and go with your gut. Cool, cool, cool. You're probably right and everyone else is wrong.

GOP Crime-ish Blotter

Leaked videos. An apparent confession, later represented as a “typo.” Demands for a protective order.

Media reports detailing confidential interviews with four defendants who were divulging their knowledge to state prosecutors in the Georgia racketeering case involving former President Trump set off a bizarre “whodunnit”-style hearing in state court Wednesday afternoon.

It culminated with a confession by one defendant’s lawyer and a Georgia judge weighing whether to issue a protective order placing restrictions on how defendants can disseminate materials they receive in discovery.

“In being transparent with the court and to make sure that nobody else gets blamed for what happened — and so that I can go to sleep well tonight — Judge, I did release those videos to one outlet,” said Jonathan Miller, an attorney for defendant Misty Hampton. “And in all candor, I need the court to know that.”

Epic Baghdading here.

Hey Disco

What do you think of a guy that lost an election 3 years ago and still thinks he won by a landslide in historic fashion?

Idiot or liar?

Blaming Trump for a once in a century pandemic is ALMOST as stupid as trying to give Biden credit for the economy's growth after the Democrat driven lockdowns expired.

Trump's spending in 2020 was abysmal. Biden's spending every year since has been just as abysmal and he doesn't have the excuse of COVID to justify it.

A bowl of fruit loops sitting on the desk in the Oval Office could have led a better recovery than Biden by simply doing nothing.

Milley is an idiot. He also committed treason. This was before he presided over the murder of 13 US service members in Biden's disastrous Afghanistan retreat.

And democrat congresses and senates passed entitlements that take up 60 cents of every dollar the US spend every year.

This doesn't even include the waste from spending on things like the Department of Education.

The debt is overwhelmingly caused by Democrats and it's not remotely debatable.

Democrats whine incessantly about the defense budget and their entitlement spending is 4x more than the defense budget.

What is this pandemic nonsense you speak of? Trump said it was the flu and would be gone in 15 days. Poof!

And right wingers on the Covid thread have convinced me it is a common cold.

Don't worry. That guy is not in charge. Obama is still running the country.