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George H
Robert Reich
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Comments by "George H" (@georgeh6856) on "What’s Going on With the Economy? I Asked Biden’s Top Economic Adviser | Robert Reich" video.
Housing, healthcare, automobiles, education. Four areas where prices have skyrocketed which directly hurt most poor and middle-class people. How does the gov't counter this inflation? Windfall profits taxes on corporations? Splitting up monopolistic corporations? No! The fed raises interest rates, which hurts poor and middle-class people even more. Wages have stagnated for so very long, that the gains now do not make up for this. That is why Biden gets low numbers on the economy. Keep in mind that Democrats, when they were in charge of both the executive and legislative branches, did not repeal Republican tax cuts. Obama signed a law to make the Bush tax cuts for the rich permanent. Biden never mentioned any effort to repeal the Trump tax cuts for the rich. Biden has not done enough. Poor and middle-class people, and especially younger people, are still hurting financially.
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