IT: 🖋 Biden signs Inflation Reduction Act into law, and... Should more countries make period products free?

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  • 3,497
    MaryA
    08/20/2022

    Trump and lawyers do want it released ... but with no redactions.  

  • 48.0k
    Brian
    08/19/2022

    So Donald's (temporary?) lawyers didn't fight the release of the affidavit, but they also didn't fight for it. I wonder if they really want it to become public or not.

     

    Again, it doesn't have to be this way. Donald can release the surveillance video he claims to have, but he hasn't. He can tell us what the documents were and why he actually took them, but he hasn't. 

     

    And he can show us his now-7-years-overdue tax returns, and he hasn't.

     

    "Truth" is not his brand, and neither is transparency. It's just lies and distraction, and now the DOJ is going to expose him.

  • 8,330
    Alura
    08/18/2022

    And Humpty Dumpty is gone!🤣

    https://www.foxnews.com/media/brian-stelter-out-cnn-network-cancels-media-show-reliable-sources

     

  • 41.9k
    jimK
    08/18/2022

    UPDATED RE-POST

    This Inflation Reduction Act is not a handout, it is a long overdue investment in our country. It will not instantly stop inflation but it will reduce the impact of inflation in the nearer term by cutting some of the costs that most people have to deal with.

    Inflation is an international problem with most of the world experiencing comparable or higher rates of inflation. Clearly, the inflation problem has little to do with with US economic policies. In fact, our healthy economy and wage growth lessons the severity of inflation’s impact in our country from those countries with comparable inflation but no significant wage growth. The current inflationary pressures are less about increasing demand and more about diminished supply.

    The current inflation is mostly due to limited supplies because of the long term damage done to critical supply chains by the pandemic and climate change as well as the disregard of the working people, where our government (and some others) did not have the foresight to protect displaced workers - who had little alternatives other than finding different work. 

    The supply chains remain damaged because it takes a lot of time for the new people hired to manage the flow of things from there to here to gain the experience and develop the expertise needed to effectively manage the all of the processes and regulatory requirements involved; International agreements, National, State and local government regulations all have an impact on the logistics involved in getting stuff from the source, to the carriers, and then to final destinations.

    This bill and the chips bill invests in moving some of the production of critical supplies stateside, which is a more robust and secure supply chain for our country. With adequate supply the inflationary pressures go down.

    By investing in the future we have the opportunity to become a central hub for critical technologies needed to thwart the coming damages of the increasingly severe impacts of growing climate change. This not only boosts the economy, it will also return more tax revenues to the treasury, cut the deficit and will further reduce the supply side impact on inflation.

    This is no less an investment in the future than the major US automakers investments of billions of dollars each to build factories in this country to produce EV batteries. They see a future return on their investments as our country will see a future return on this legislation’s investment.

    Before the MAGA cult starts mumbling tax and spend bumper sticker slogans, I want to hear their perspectives on the Republican tax cuts which are removing $700 Billion to $800 Billion annually from the treasury. These permanent tax for the wealthiest people and corporations reduces tax revenues by an estimated $6 Trillion to $9 Trillion over ten years. The tax savings have been mostly hoarded by the wealthiest people or invested in stock buybacks which makes C level executives stock option awards more valuable. Little to none has gone back into the economy. This is trickle down economics where the wealthiest get rich and share their wealth by trickling down on the rest of us.

    The wealth gap has grown dramatically during the pandemic as the rich have become much richer and the poor have become much poorer.

    This legislation is also a step toward reducing this atrocity.

  • 8,330
    Alura
    08/18/2022

    https://trumpwhitehouse.archives.gov/presidential-actions/memorandum-declassification-certain-materials-related-fbis-crossfire-hurricane-investigation/

     

  • 93.8k
    LeslieG
    08/17/2022

    Another way to help with inflation by offering period products either tax free or free. Since they are Class II medical devices perhaps they should be part of healthcare supplies along with contraception - a life cycle range of reproductive health supplies made available Esoecially fir those in income levels qualifying for free lunch programs, Medicaid, SNAP, WIC, etc.