Biden Can Go Bigger and Not âPay for Itâ the Old Way
By focusing on how much revenue they hope to raise from tax increases on the well-off, Democrats risk limiting the scope of their ambitions.
By Stephanie Kelton
Dr. Kelton, a professor of economics and public policy at Stony Brook University, is the author of âThe Deficit Myth.â
April 7, 2021, 9:50 a.m. ET
Credit.Matt Chase
Last week, President Biden introduced a $2.2 trillion infrastructure plan, calling it âa once-in-a-generation investment in America.â In a speech, he outlined many of the packageâs details, including how to âpay forâ it. A close look at those so-called pay-fors, however, shows Democrats are thinking about fiscal responsibility the wrong way. They could be on the verge of sparking some unpleasant short-term overheating of the economy, in which price increases accelerate and the purchasing power of our dollars falls somewhat. And if the final legislation were to g
Marjorie Taylor Greene Fundraises $3.2 Million After Being Most Attacked Freshman Congressman
On 4/7/21 at 2:33 PM EDT
Representative Marjorie Taylor Greene said she has fundraised more than $3.2 million in donations from over 100,000 donors despite being the most attacked freshman member of Congress in history, she tweeted Wednesday.
The large sum was accumulated in the first three months of 2021, Politico reported, after the Georgia Republican took her seat in Congress on January 3. Over 100,000 donors poured in over $3,200,000 to support me, averaging $30 per donation, said in her Twitter thread. You know why?. I stood my ground and never wavered in my belief in #AmericaFirst policies and putting #PeopleOverPolitics!
Does Biden s American Jobs Plan go big enough on climate change? | Climate News aljazeera.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aljazeera.com Daily Mail and Mail on Sunday newspapers.
Twitter, Don’t Do Your Thing: Anti-Doxxing legislation is urgently needed to stop this out-of-control practice
Twitter, Don’t Do Your Thing: Anti-Doxxing legislation is urgently needed to stop this out-of-control practice
April 6, 2021
On a sleepy Monday night right after Christmas, a post surfaced in a Facebook group frequented by conservatives in the town of Parker, Colorado: “Every day in our group I’ll be posting the name and address of unelected, non-law enforcement officers who think they can flex muscles in business. We’ll see how strong they are at their homes.”
The post, referencing the two officials at the state’s Department of Public Health and Environment who were largely responsible for Covid-19-related business closures, was written by Mark Hall, co-chair of the Parker Republicans. Alongside a disclaimer that he was not advocating for violence, he wrote: “Take this information and make your own decisions.” Following a deluge of backlash, he apologi
Is the Big Apple turning on its rich residents? There is a push on to make the wealthy pay more tax and some are now fleeing New York
about an hour ago
On a recent morning, Eric Adams, the Brooklyn borough president and New York City mayoral hopeful, was providing comfort to one of the city’s beleaguered communities.
“You are part of New York,” Adams reassured them. “And so if people have not stated it, thank you for being here, and please remain here!”
He was talking to the rich.
It might seem odd that they would need a rhetorical pat on the back in a metropolis that typically sees itself as the world capital of wealth, ambition and success - and in the midst of a coronavirus pandemic in which the value of their second homes and investment portfolios has soared.