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To Win or Lose? Biden, Democrats, and the Congressional Black Caucus (CBC) Must Choose

To Win or Lose? Biden, Democrats, and the Congressional Black Caucus (CBC) Must Choose
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Joe Biden s Continued use of Consumer Spending is the Right Economic Solution - ThyBlackMan com : ThyBlackMan com

( ThyBlackMan.com) The means, by which our economy can reach its potential of creating consistently over 200,000 jobs monthly, has to directly involve the consumer! The reason, for making this statement is relatively simple. The consumer makes up approximately 70% of our GDP (gross domestic product), which means Consumer Spendingis responsible for 70% of the jobs created in our economy. Joe Biden’s continued pragmatic, and fact-based approach to growing our economy will not fail, because it is data driven. Using factual information to rebuild the U.S. economy will make the Biden administration eminently successful. The consumer, cannot be taken out of any equation that purports to be the answer to the solution of the effects of slow economic growth, caused by the

Mr Biden, a Long-Term Data Driven Demand Side (Consumer Spending) Plan is Better than a Short-Term One : ThyBlackMan com

Joe Biden is poised to launch a Covid-19 economic relief plan worth trillions of dollars. Here are some meaningful observations for all of us to consider in the run-up to Mr. Biden’s planned announcement of the details of his Covid-19 economic spending plan on Thursday. It is questionable, whether Mr. Biden, the Democratic Party, and his economic team view direct payments to consumers as a Direct Consumer Tax Cut. Obviously, if they admitted it, they would have to admit to how remarkably successful CONSUMER SPENDING has been at creating jobs throughout this Economic Downturn. The Cares Act (stimulus) Consumer Tax Cut confirms, what consumption data states, that low- and middle-income Americans are more likely than higher earners to spend benefits from the government immediately and stimulate economic growth, creating millions of jobs.

Trump, McConnell, Biden, Pelosi, and the $2,000 Consumer Stimulus Payout : ThyBlackMan com

ThyBlackMan.com) It is important, how President Biden and his economic team define stimulus. It is a misnomer to call the entire economic relief package, such as the Cares Act, “stimulus legislation only,” because part of the funding within it was clearly used for relief, such as unemployment benefits, and aid for Americans in need of food. It is estimated, though, 160 million, stimulus checks were issued by the IRS, since the passage of the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, in March of 2020. An estimated $290 billion has been given directly to consumers. Even so, the PORTION of the Cares Act that dealt with direct payments to consumers for some reason, was not viewed as a Direct Consumer Tax Cut.

Transcripts for FOXNEWS The Story With Martha MacCallum 20200215 00:47:15

Transcripts for FOXNEWS The Story With Martha MacCallum 20200215 00:47:15
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