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Long-Term Job Creation is not Only Possible, but Doable if President Joe Biden and Democrats Stop Undercounting Our Job Rates

Long-Term Job Creation is not Only Possible, but Doable if President Joe Biden and Democrats Stop Undercounting Our Job Rates
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Long-Term Job Creation is not Only Possible, but Doable if President Joe Biden and Democrats Stop Undercounting Our Job Rates

A 10%, $25,000 Baby Boomers’ Consumer Tax Cut, which will drop approximately $254,000,000 a day into our economy, was designed to begin in 2021. That said, it will give the Biden administration the aforementioned flexibility, it needs. Biden can combine the outlined tax cuts of 2021, and 2022 of the tax cut plan, if a higher Consumer Tax Cut is needed, to bring inevitable layoffs into check, when the Fed ends hiking rates. This does not preclude the Biden administration from continuing the $254,000,000 direct consumer tax cut, the following year, and beyond, as Biden soft lands this economy. This tax cut is designed to include all Boomers, as the targeted tax cut group, no different than Families with Children, and the five tax cuts given to millionaires, and billionaires since 1980, during Republican led administrations.

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