Comments by "Hobbs" (@hobbso8508) on "CNBC Television" channel.

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  35.  @macarenaturcattideleon5642  "What will help our economy is open blue states and stop killing jobs" Biden has no control over how open or closed blue states are. The plan he has proposed will create jobs. "don’t increase our taxes when business are struggling" If a business has no new profits then they don't pay taxes. The idea that struggling businesses are effected by changes to tax rates is a misnomer. "increase wages when people don’t have jobs" Increasing wages will uplift the economy, stimulating billions in spending, and adding billions to tax revenue. "2T money isn’t going to infrastructure" Right, about 80%+ is though. The rest is going to elderly care, as I explained above. "1.9T didn’t went to American people! Only 9% of the 1.9T went to the American people" Incorrect. The stimulus cheques alone made up over 20% of that funding. Almost all the rest of the funding also went back to the American people. Small business loans, unemployment payments, SNAP benefits, expanded tax credits, covid response, healthcare are all directly to us. The rest helps the American people in less direct ways. Broadly quoting the number 9% (which was a reference to only the direct stimulus payments as a percentage of the entire omnibus bill) is so stupid I'm not sure where to start. "You are entitled to your on opinion not to your facts" Which is why I am stating the actual facts and not Fox News talking points based on lies. "Everything is Billions and Trillions in this administration" Almost like they're trying to stimulate the economy or something. "Infrastructure in other words means money flowing into corrupt politicians packets and we the taxpayers get the bill to pay of all this printed money" No, infrastructure funding means building and upgrading the many many out of date pieces of US infrastructure. This included: 56,000 structurally deficient bridges in the US, and over 200,000 that are more than 50 years old. 15,500 high hazard dams. Over 1 million drinking water pipes that are over 100 years old. Almost all US power grid transmission and distribution lines being over 60 years old, with a life expectancy of just 50 years. Funding for levees to protect from flooding. Various national parks projects that need attention. Port overhauls needed to replace small ports that cannot accommodate larger and larger ships. Hugely outdate railways that need a massive amount of funds for not just repairs, but also new high-speed lines that could make billions for the economy. Crumbling roads, with a backlog of $836 billion in unmet capitol needs to repair and replace the 32% of urban and 14% of rural broken roads. 24% of school buildings in fair and poor condition that need upgrades and repairs. Distinct lack of recycling pretty much anywhere in the country. $90 billion in backlogged public transit projects. Building over 500 new wastewater treatment plants. All of these projects will also create jobs. So are you in favour of job creation or not?
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