THIS is Bidens legacy along with that of the progressive  liberal mindset and their plans for Americas future as a third world entity.
A total lapse of real 3 letter agency efforts paying attention to real issues has been much touted over the years and now has come to its logical end.
Shortly they will be trying to transfer this reality to Trump.
I cant thank Americans enough to see where we were headed and to have rectified it on election day.
Its going to take some time and likely more horror to correct these policies IMHO
Now I read where large numbers of the Venezuelan street gang many armed with knives are showing up at the border trying to get in before the 20th---says it all about the far left Biden years.

The border is a disaster many criminals and terrorists have entered the solution isn't just deportation most of them have already been deported numerous times and just walk back in. My solution is drop them off at 35000 feet above their country of origin problem solved!!!! W/O parachute of course

Although I dont concur on  the shoot downs -lol -it does bring to mind the fact few noticed that the Biden  cabal was in fact flying illegals in from other countries for some time before the press noticed it.

Porktown

JerryS
I would call this hoarding.  How about you?
https://apnews.com/article/438fae12f9204b1fbd8e8b1985ae554f
 
 

Not really hoarding, but definitely did exactly what most predicted they’d do with the cuts.

I think the point is that the surplus equity from tax cuts didn’t get reinvested back in the companies, it didn’t translate to wage growth for the workers, and it didn’t contribute to growth of the US economy since overall economic growth actually slowed during this time. The primary beneficiaries were major shareholders, and average Americans aren’t major shareholders of large corporations.

We can argue the details of what “hoarding wealth” actually means, but the evidence of increasing disparity between the rich and the poor is undeniable. Look at income disparities, or the number of people that live paycheck to paycheck, or how financially challenging it is for an average person to buy property… all while we have a class of people (like Elon Musk) who have amassed unprecedented wealth.

I mean, would you actually try to argue that US wage and wealth disparity is NOT increasing? I thought this is something that most people left, right and center would all agree on.

Porktown

JerryS
I would call this hoarding.  How about you?
https://apnews.com/article/438fae12f9204b1fbd8e8b1985ae554f
 
 

Not really hoarding, but definitely did exactly what most predicted they’d do with the cuts.

That is why there needs to be some sort of incentivized tax breaks and not across the board. If the hope is for companies to reinvest, tax cuts should be tied to reinvestment. Not just hoping they will do so.

Looking at that list, I no doubt “made more” in retirement income than whatever small tax cut I would have seen if going directly to an income tax break. I imagine is the case of most people with retirement investments as well. Most of us with retirement and other investments have a sliver of a fraction of what the billionaires have invested though. Then there are the working class that don’t have retirement or other investments that aren’t seeing anything from this, besides the inflation that it adds. Suckers... So, no doubt of who benefitted the most. Whether it fits the exact definition of hoarding or not. It is how things will be the next 4 years. Better to just play the game and enjoy your share of the cut for now. Likely be very short lived.

On my planet, companies buying back their stock is exactly the definition of reinvesting in the company. 
 
Number 1 on the list was Apple, which offers stock to employees through stock options, or through a discounted share price. I'm sure most of the other names on that list offer similar perks.
 
https://www.thehumancapit...yee-benefits-and-perks

MyWar
I mean, would you actually try to argue that US wage and wealth disparity is NOT increasing? I thought this is something that most people left, right and center would all agree on.

Pretty sure the only thing debatable of what you said is the definition of hoarding…

This wage disparity wasn’t seriously challenged with Biden in office or with Obama in office. It won’t likely ever be seriously challenged. You can say it is because the 2/3 majority votes or GOP stopped this or did that. With people like Paul Pelosi and other Dems that clearly benefit in plain sight from it, I’m skeptical at best that the Dems as a whole really want the change either. Don’t get me wrong, some like Bernie I think live by it. For the party as a whole I think it is just a rallying cry that they know will never come to life. Would I like to see it addressed, definitely, but I know it won’t. Just as the GOP rallying cry about freeloaders on the system. Would I like to see every able body working until they can retire (or just not being supported by taxes), definitely. But I know it won’t happen. It is all a game that both parties are in charge of. Regardless of who is president, they will throw a few scraps for the middle class to take advantage of. Neither are looking out for the middle class. Never have been, never will.

Porktown


This wage disparity wasn’t seriously challenged with Biden in office or with Obama in office. It won’t likely ever be seriously challenged. 

 
I agree with 93.287% of your whole post, Pork .
The above I'll comment on 
 
left or right, the "golden rule" applies 
The ones with the most gold, rule 
 
KTF 

JM2

On my planet, companies buying back their stock is exactly the definition of reinvesting in the company. 
 
Number 1 on the list was Apple, which offers stock to employees through stock options, or through a discounted share price. I'm sure most of the other names on that list offer similar perks.
 
https://www.thehumancapit...yee-benefits-and-perks

You are correct. I used the incorrect term. The story linked said the money was intended for growth in business, not sure if a term to cover all. Expansion of factories. Buying equipment. Things that were supposed to accelerate business and cause a chain of growth from suppliers and services.

I know for certain that many companies did use those tax cuts to help in growth projects. My company for one is going through a major renovation.

Soros getting a big American medal from Biden makes me wanna puke

Justin "Blackface" Trudeau quits his own party since they quit on him...lmao