For those concerned about the BBB Bill and inflation, Larry Summers supports the legislation..

TyroneIrish 26005 posts Joined: Oct 8, 2020

Posted 8:37 pm on Nov 19, 2021

He is also joined by Moddy's analysts and 15 Nobel Laureate economists...so that should be good news for all of us...right? Read the article linked as well as these...

https://www.americanprogress.org/article/the-build-back-better-acts-investments-in-the-irs-will-substantially-reduce-the-tax-gap/

https://www.cbpp.org/blog/revenue-from-bbbs-irs-enforcement-funding-would-support-investments

Link: https://americanindependent.com/republican-lawmakers-joe-biden-larry-summers-inflation-irs-taxes-revenue-build-back-better/

Replies 29

For those concerned about the BBB Bill and inflation, Larry Summers supports the legislation..Link TyroneIrish 8:37pm · 11/19/21
- My fickle friend...the Summers wind...NTLink TakethetrainKnute 8:41am · 11/20/21
  - Great song. Old Blue Eyes. Nobody does it better.NT ELP 4:32pm · 11/21/21
  - (That's much better, Knute ;-))...LS's "Debbie Downer" attitude doesn't change the merits of the BBB TyroneIrish 1:09pm · 11/20/21
    - Have fun indoctrinating the grandkids!NT TakethetrainKnute 7:40am · 11/21/21
      - LOL...you may not believe this, but we played "MONOPOLY" with them ;-)...as for "Indoctrination"... TyroneIrish 1:11pm · 11/21/21
- it it passes, the full effects won’t be known for years. the bill simply expands the role of govern WestCoastIrishFan 7:50am · 11/20/21
  - Here's a thought...let's never invest in anything...then in ten years look back at the "Effects"... TyroneIrish 1:13pm · 11/20/21
    - The bill isn't an investment. It's a transfer of wealth that will benefit everyone but the middle WestCoastIrishFan 1:26pm · 11/20/21
      - What I'm referring to is investment in "Human Capital", which is a real thing...even Adam Smith Link TyroneIrish 2:15am · 11/21/21
        
        I'll have the discussion since it's important to you. First and foremost, what you are cal Link WestCoastIrishFan 9:23am · 11/21/21
        
        Right off, thanks for taking the time to explain your views on the various aspects of the BBB Bill..Link TyroneIrish 4:09pm · 11/21/21
        
        I'll just respond within the body of your post... WestCoastIrishFan 5:42pm · 11/21/21
        
        China is doing something...actually, they're doing a lot when it comes to shifting their energy uses Link TyroneIrish 7:51pm · 11/21/21
        
        Not really but if we are I’d like to see windmills in the water by Nantucket Island and a nuclear WestCoastIrishFan 11:03pm · 11/21/21
        Continue 1 reply
      - "The poor will receive more benefits to have bunches of kids." conorlarkin 5:02pm · 11/20/21
        
        I don’t think they like being poor, but having kids they can’t support is hardly a solution to get WestCoastIrishFan 10:44pm · 11/20/21
- Only an idiot would think that more of what's causing the problem is the answer. Insanity.NT BaronVonZemo 7:21am · 11/20/21
  - Please read the logic that was presented in the article... TyroneIrish 1:20pm · 11/20/21
  - It’s another Great Society boondoggle. Curly1918 11:56am · 11/20/21
  - CBO says as presently constructed it will add $160B to the deficit. Biden said it would "cost zero" TakethetrainKnute 8:39am · 11/20/21
    - Biden may be correct. conorlarkin 9:17am · 11/20/21
      - I suppose that’s theoretically possible… TakethetrainKnute 7:42am · 11/21/21
      - The CBO is right more often than wrong Fisher01 7:05pm · 11/20/21
      - Like you, he is incorrect and not very intelligent.NT notredame678 1:07pm · 11/20/21
    - Amazing. And Dem machine sends out word to followers that more spending will fix it when BaronVonZemo 9:04am · 11/20/21
- Cool, the asswipe that helped repeal regulation to get us in the housing bubble is cool with itNT holybull101 10:23pm · 11/19/21
  - I'm guessing you didn't read the linked article... TyroneIrish 11:16pm · 11/19/21
- The Senate version will be just fine. Our system works.NT Curly1918 8:45pm · 11/19/21

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