[unable to retrieve full-text content]This is a good take on what has been happening with United States Fiscal policies impacting its economy. It does mention former President Trump’s 2017 tax break which targeted the upper 5% of taxpayers with substantial breaks. We should look further to the 2001 and 2003 Bush’s tax breaks which Obama extended for two years […] The post A Fiscal Policy in a Global Context? appeared first on Angry Bear.
Read More »Yes, they’re coming for Social Security
[unable to retrieve full-text content]During his campaign, Donald Trump “promised” not to touch Social Security and to veto and law that modified the program. That “promise” is about to be tested. “Lee’s attack has four basic components. One is to bemoan the fact that Social Security is funded mostly by a tax, which he asserts the government can use […] The post Yes, they’re coming for Social Security appeared first on Angry Bear.
Read More »“strong demand, no question . . . “
[unable to retrieve full-text content]Strong demand because people had money to spend when they would have had nothing if the ARP was not put into play. By the same token, the Tax Cuts and Jobs Act was targeting the upper 1% of the taxpayers with the next 4% tagging along. It in itself was ~$2 trillion much of which […] The post “strong demand, no question . . . “ appeared first on Angry Bear.
Read More »Where Do Federal Tax Dollars Go?
[unable to retrieve full-text content]Since Trump and Republicans are interested in cutting spending. I was interested in seeing what Musk and his side kick Ramaswamy might be looking at to reduce. What you are looking at is a Pie Chart showing all items in the budget. The breakout of the Payroll Tax Chart from the Pie Chart (further down) […] The post Where Do Federal Tax Dollars Go? appeared first on Angry Bear.
Read More »USMCA used to be “a fair deal for everybody”
[unable to retrieve full-text content]Back when Trump rebranded NAFTA as “USMCE,” here’s what he said about it: “We have negotiated this new agreement based on the principle of fairness and reciprocity…. This is a terrific deal for all of us….This new deal will be the most modern, up-to-date, and balanced trade agreement in the history of our country…. With […] The post USMCA used to be “a fair deal for everybody” appeared first...
Read More »The Opioid Epidemic from 1980 Onward in My Words
[unable to retrieve full-text content]It has been a bit since I have said anything about the Opioid epidemic. Such was brought on by companies and distributors (more like PBMs) claiming it was harmless and non-addicting. I do want to catch up and see how the Sacklers made out. Whether the Gov finally put the screws to them or did […] The post The Opioid Epidemic from 1980 Onward in My Words appeared first on Angry Bear.
Read More »Tax cuts for the rich only increase wealth disparity
[unable to retrieve full-text content]No, the 1% aren’t the job creators—that’s the middle class and working class. Tax cuts for the 1%, of course, don’t create jobs, they just create greater wealth disparity: “The authors set out to examine all instances of major tax reductions on the rich in 18 OECD countries between 1965 and 2015 and identify the […] The post Tax cuts for the rich only increase wealth disparity appeared first on Angry Bear.
Read More »Authorization Requests
[unable to retrieve full-text content]Recent articles I have been reading suggest Medicare Advantage provides healthcare at a lesser cost than Traditional Medicare. Or maybe it would be better to qualify this as individuals claim MA plans do so? I do not know whether such takes into consideration the cost of a Supplemental Plan or not and also Part D […] The post Authorization Requests appeared first on Angry Bear.
Read More »The New Economy and the Tariffs and Tax Breaks to Launch It
[unable to retrieve full-text content]Since we have a new president who favors Tariffs, we should start talking about how those Tariffs will impact the US Economy and Citizens. The Tax Foundation offers up a brief explanation which should be readily understandable for Angry Bear readers. If Trump is able to pull this off and get it out of Congress, […] The post The New Economy and the Tariffs and Tax Breaks to Launch It appeared first on Angry Bear.
Read More »The economics of healthcare is sick in Vermont
[unable to retrieve full-text content]My parents retired to rural upstate NY, where they lived happily for 20 years. But naturally, as they aged, their health declined. At one point, my mom had a pulmonary embolism, and landed in a community hospital in Bennington VT, about 30 miles away. She got the care she needed, but when she was later […] The post The economics of healthcare is sick in Vermont appeared first on Angry Bear.
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