The BBB is a repeat of the bill Trump signed December 2017 in one important way: $4T+ of US taxpayer dollars will finance price manipulation via stock buybacks for their cronies to sell converted stock options into, and to manipulate the company stock price to trigger their bonuses (Think: Elon Musk). The difference is that this time there's no cover story as to why this giveaway is good for the economy. Last time the excuse was to spur hiring. It didn't. For 18 months, the unemployment rate returned to within a tenth of a percent of the rate it started at in December 2017. Ds have had over 40 years to reverse RR's legalization of this price manipulation (though it wasn't until Trump that it became so costly to taxpayers). Meanwhile, we tack on $4T to the national debt each term that Rs holds the Executive. Isn't 40% of our federal income taxes servicing the interest of the national debt high enough? Do the Rs really need that to be higher? A worker needs to own three times his/her annual salary, roughly, to break even on what s/he pays in federal income tax toward debt interest.
#military #soupkitchen #breadline #shutdown #bailout #Argentina #stockbuybackbill
