The Biden Presidency

I can't help but smile. It's like the neighborhood bully got thrown out of his house, and the nice grandpa next door was put in charge of the neighborhood in his place. Who thought someone normal would be such a ray of light?

moving post about Trump to other thread. Please delete.Edited by Taq, : No reason given.

Governments can. If a government controls their own currency they can print as much of it as they want. They risk inflation, of course, but they can do it. In the modern world, you don't even have to spend the effort of physically printing it.

quote:

---

In its frantic scramble to save the American economy, the central bank of the United States seems to have the ultimate superpower.

​

It works like magic. With a few strokes on a computer, the Federal Reserve can create dollars out of nothing, virtually "printing" money and injecting it into the commercial banking system, much like an electronic deposit. By the end of the year, the Fed is projected to have purchased $3.5 trillion in government securities with these newly created dollars, one of many tools it is using to help prop up the ailing economy during the COVID-19 pandemic, according to Oxford Economics.
Coronavirus and the economy: How the Fed is 'printing' dollars

---

That could be. Or not.It could also be the case that women were too afraid to come forward with abuse allegations until the COVID scandal knocked Cuomo off his perch. It's also a lot harder for the 1st women to come forward than the 2nd or 5th. There's a reason it's called the Me Too movement, and why these allegations snowball.Of course, Cuomo deserves the assumption of innocence just like anyone else, but we also know human nature and how these things play out in the general public. My guess would be someone in the NY health department who got pissed about the nursing home COVID death coverup.Edited by Taq, : No reason given.

From a logistics standpoint, it would be extremely difficult to administer vaccines that require two doses weeks apart. Do you think this will encourage even greater numbers to cross the border?

I would imagine that they may not know who is staying in the country and who may be deported immediately. Then you have the issue of tracking individual people who may not have IDs and may not be fully cooperative, and they are being moved from shelter to shelter. I completely agree with your sentiments, but the pragmatic side of me grimaces at the thought of how to follow through with it. Good question. Is it politically viable for Biden to let all of these immigrants into the country and the millions more that would surely follow? I think it would be political suicide which says a lot about where our country stands on the issue.In a practical sense, could we take in every person across the globe that wanted to immigrate to the US? I highly doubt it. So where do we draw the line? I don't know if there is a good answer to that question.

As a liberal, I would agree that it is ludicrous. A lot of stuff related to San Francisco is ludicrous, such as disparities in wealth and housing costs.Quite frankly, perhaps the best way to help the economy is through some sort of lottery. Tax the rich and then randomly distribute the money in chunks that would actually change peoples' lives in a somewhat significant manner, say 50k or so. No need for all the added cost of setting up programs and people to run them, just give it away. Chances are it will land in the laps of people that could actually use it.

No. You have to buy the tickets. That would be the major psychological hang up that prevents many solid economic policies from gaining popularity. It's the same root cause as to why most Conservatives are against social programs because they don't want money going to people they don't like.Let's look at it this way. Jeff Bezos' is worth about $135 billion. That's enough to buy every homeless person in the US a house worth $250,000. If Bezos and Musk teemed up they could buy every homeless person their own house and they would still have billions of dollars left over. Just two people could easily house all of the homeless. That's how out of balance the economy is.

Except for some extremely rare examples, like Monaco, all global citizens are paying mandatory taxes.If you are talking about other countries taxing US citizens on money they make in the US, then you are living in a fantasy world. Countries are sovereign and the country is the only entity that can levy taxes on its citizens for income they make in that country.

Hell will freeze over before Republicans are convinced to change their ways because of an example set by a Democrat.It isn't the best look for Biden, but personally, I could care less. The whole situation turned into a political farce, so I have no problem with the pardon.