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Cole mistaken about rescue plan


Mar 17, 2021
Mar 17, 2021
Rep. Tom Cole, R-Norman, disappoints his constituents once again. Falsely claiming that only 9% of the American Rescue Plan goes to fight COVID, Rep. Cole laments that past COVID relief bills were passed with bipartisan support but this one had none. Republicans seem to be following their usual battle plan to oppose anything sponsored by Democrats, while Democrats attempt to govern in ways that actually benefit their constituents. Rep. Cole failed his.
The American Rescue Plan contains supports for low-income families that will reduce the number of children living in poverty by half this year. Does Rep. Cole think this is a bad thing? Past government policies have certainly benefited people on the other end of the economic spectrum. From 1979 to 2019 the wealthiest 1%’s share of pre-tax income jumped from 11% to 19% according to the World Inequality Database. During the same time frame the one percenters’ share of wealth ....

United States , Tom Cole , Congressional Research Service , American Rescue Plan , World Inequality , American Relief Bill , ஒன்றுபட்டது மாநிலங்களில் , டோம் கோல் , காங்கிரஸ் ஆராய்ச்சி சேவை , அமெரிக்கன் மீட்பு திட்டம் , உலகம் சமத்துவமின்மை , அமெரிக்கன் துயர் நீக்கம் ர சி து , குடியரசுக் கட்சியினர் , ர சி து ,

The Retired Investor: The Coming Economic Boom


By Bill Schmick
03:46PM / Thursday March 11, 2021
The nation should have a lot to celebrate in the coming months. Most economists are busily raising their forecasts for growth for the remainder of the year. If their forecasts are accurate, Americans can expect a booming economy this year and into 2022.
 
The arguments for growth are straightforward. The number of Americans that are being vaccinated is now higher than the number of new coronavirus cases. By the end of May 2021, if government forecasts are correct, almost everyone in the U.S. that wants a vaccination should have one. As a result, we can expect to see a re-opening of most businesses no later than the second half of the year. That, in turn, should lead to a rapid hike in economic activity. ....

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