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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: commonone   😊 😞
Number: of 84346 
Subject: Re: Stil Bidens economy
Date: 06/16/23 10:42 AM
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WiltonKnight: *No tax hikes...

Wait, didn't The Inflation Reduction Act create the CAMT, which imposes a 15% minimum tax on the adjusted financial statement income of large corporations for taxable years beginning after December 31, 2022?

President Biden also managed to do these:

-- Created 7 times as many jobs as last 3 GOP Presidents COMBINED - 13.1 million jobs

-- Achieved record lows in unemployment, uninsured, and the poverty rates

-- Strongest economic recovery in G7

-- Passed the $1.2 trillion bipartisan infrastructure package to increase investment in the national network of bridges and roads, airports, public transport and national broadband internet, as well as waterways and energy systems

-- GDP growth under Biden is over 3%, 3x what it was under Trump

-- Strengthened the NATO alliance

-- Signed the PACT Act to address service members' exposure to burn pits and other toxins

-- Capped prescription drug prices at $2,000 per year for seniors on Medicare through the Inflation Reduction Act (pharmaceutical companies capped insulin costs)

-- Reauthorized the Violence Against Women Act

-- Passed first gun safety legislation in 30 years with the bipartisan Safer Communities Act that created enhanced background checks, closed the 'boyfriend' loophole and provided funds for youth mental health

-- Last month's 339,000 jobs = 3 years of job growth under Bushes and Trump

-- The deficit, which went up every year under Trump, has come down every year under Biden

-- Black unemployment last month was the lowest ever recorded

Trump did manage to let one million Americans die, has been indicted twice, refused under subpoena to return hundreds of classified, top secret government documents, became the first president in nearly a century to leave office with fewer jobs than when he started, said some people marching alongside Nazis were very good people, praised dictators, turned Americans against the FBI, the CIA, the Department of Defense, and the Department of Justice, and led a coup against the Constitution and democracy.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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