October 16, 2019

Really - 8 candidates already make the next debate stage?

Per the below article. 8 candidates already make the next debate stage. This is getting annoying. They need to make it harder to get on the stage. 3% support is not high enough. There shouldn't be more than 6 candidates on the stage at this point. Having this many people hurts candidates like Harris & Buttigieg that are more unknown but that actually have a chance to break through.

At this point it should be Biden, Warren, Sanders, Buttigieg, Harris




https://www.vox.com/2019/10/15/20914284/november-democratic-debate-fifth-atlanta-msnbc-washington-post

October 16, 2019

The hard truth about Biden and I hate saying it

First I know I have EW as who I am supporting but I am still kind of undecided. I'm actually starting to lean toward Pete Buttigieg the more I see of him. So my support has nothing to do with what I am about to say.

And I hate to say this cause I like Biden. I always have. Saw him speak live at West York High School (York, PA) in 2008. This pains me to say but Biden just does not have it any more. I assume its age. Everyone ages differently. He gets lost on the debate stage. He forgets what he is saying in mid sentence. He messes up his facts. You can see he knows what he wants to say but he cant get it out. He was a much better debater so you know it has to be his age getting to him. It happens it everyone.

The one commentator on MSNBC even said after the debate (which I was surprised) This was on a question about Sanders - I'm paraphrasing : Sanders did really well tonight. Even though he is older and just coming back from a heart attack he was more coherent than Biden.

I just do not think we can turn a blind eye to this anymore. Then you add in his fundraising numbers and it just backs up the lack of excitement Biden produces.

Starting to think that more center Dems should start looking elsewhere. Pete or Klobuchar maybe? But this is a real problem.

I hope its not wrong for me to say these.

October 9, 2019

For the first time in history, U.S. billionaires paid a lower tax rate than the working class last y

Source: Washington Post Business

A new book-length study on the tax burden of the ultrarich begins with a startling finding: In 2018, for the first time in history, America’s richest billionaires paid a lower effective tax rate than the working class.

“The Triumph of Injustice,” by economists Emmanuel Saez and Gabriel Zucman of the University of California at Berkeley, presents a first-of-its kind analysis of Americans’ effective tax rates since the 1960s. It finds that in 2018 the average effective tax rate paid by the richest 400 families in the country was 23 percent, a full percentage point lower than the 24.2 percent rate paid by the bottom half of American households.

In 1980, by contrast, the 400 richest had an effective tax rate of 47 percent. In 1960, their tax rate was as high as 56 percent. The effective tax rate paid by the bottom 50 percent, by contrast, has changed little over time.

The relatively small tax burden of the super-rich is the product of decades of choices made by American lawmakers, some deliberate, others the result of indecisiveness or inertia, Saez and Zucman say. Congress has repeatedly slashed top income tax rates, for instance, and cut taxes on capital gains and estates. Lawmakers have also failed to provide adequate funding for IRS enforcement efforts and allowed multinational companies to shelter their profits in low-tax countries.

Read more: https://www.washingtonpost.com/business/2019/10/08/first-time-history-us-billionaires-paid-lower-tax-rate-than-working-class-last-year/

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Unfortunately this will go under the radar and American working class will never know what is really going on.