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Drudge Retort: The Other Side of the News
Tuesday, September 15, 2020

Joe Biden's economic proposals would create a faster growing economy, higher wages for American workers and reduce the debt compared to where the U.S. is headed under President Donald Trump, according to new analysis from the University of Pennsylvania's Wharton School.

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The former vice president's plans would also significantly increase government spending and raise taxes, though mostly on higher-income Americans, the analysis found. In all, Biden would boost government spending by $5.4 trillion in the next 10 years, which is a significant increase.

But the analysis, published on Monday, found that Biden's proposals on education, infrastructure and health care would largely pay for themselves. That would be in part by raising taxes, but also by boosting wages and lowering health care costs.

"If you got the U.S. on this path, you would lower the debt and raise GDP," said Richard Prisinzano, the director of policy analysis at the Penn Wharton Budget Model, a nonpartisan group at the top business school. "It is productive spending that Mr. Biden is proposing."

This can't be true. For years every Republican has told us the only way to foster economic growth is by giving more and more money to the wealthy - while cutting their tax burden too - and watch it gloriously trickle down upon the rest of us.

So they've been lying to us all along? Say it ain't so Joe, say it ain't so.

#1 | Posted by tonyroma at 2020-09-15 09:08 AM | Reply | Funny: 1

That Deep State proves to be a remarkably attractive institution,

#2 | Posted by Zed at 2020-09-15 10:49 AM | Reply

Same thing with the economy Trump inherited and then torched.

#3 | Posted by danni at 2020-09-15 01:35 PM | Reply

Only losers go to that school. ;)

#4 | Posted by Tor at 2020-09-15 07:51 PM | Reply

Who the hell trusts someone from Wharton?

#5 | Posted by bocaink at 2020-09-16 12:45 AM | Reply

"This country should be run like a business" -- The Right

"Wharton School? What do they know?" -- The Right.

#6 | Posted by WhoDaMan at 2020-09-16 02:04 AM | Reply

Was this published somewhere because I can't see Joe talking about it in public.

#7 | POSTED BY BIZARRO_WORLD AT 2020-09-16 04:59 AM | REPLY

Just a reminder. That hole in your ass is not for your head.

#8 | Posted by Zed at 2020-09-16 07:54 AM | Reply | Newsworthy 7

Thank you Zed, well said. Bizarro is a pathetic right wing dunce. That fool thinks that trickle down economics will rain on him any day now even though they have been promising that since the 1980's. Some folks are so dumb that the Republican Party depends on them even as they laugh at them.
Bizarro may actually be the dumbest person posting here today.

#9 | Posted by danni at 2020-09-16 08:19 AM | Reply

"Bizarro may actually be the dumbest person posting here today."

He's got that "Special Eddie" vibe going.

#10 | Posted by Danforth at 2020-09-16 09:35 AM | Reply | Newsworthy 1

When your alma mater says your plan sucks.....

#11 | Posted by SunTzuMeow at 2020-09-16 11:42 AM | Reply | Newsworthy 1

The reason Trumpibunkerboi failed repeatedly in business is that his primary business was polishing the turds of the wealthy. A very small sector of the population... who get bored... always looking for new turd polishers... they move on.

What he offered the rest of us was a way of putting his hands in our wallets with promises of instant wealth ... casinos or universities... neither one worked very well.

He's not a brilliant businessman...

#12 | Posted by RightisTrite at 2020-09-16 12:05 PM | Reply

#7 | POSTED BY BIZARRO_WORLD

Other than being colossally corrupt f--- ups there isn't a single thing the GOP does better than the Dems at this point in time.

They're more immoral. They're more inept. They're more insulated and closed minded.

They're wrong about the economy. They're wrong about social issues.

It's not even funny how far from mainstream America the current Trumpublicans are while maintaining they're the representative of the "true America."

#13 | Posted by jpw at 2020-09-16 04:29 PM | Reply | Newsworthy 1

"I am shocked...not by this study, but that Slo' Joe has an economic plan. I have not heard anything about it."

I guess they don't talk about it much on RT News.

#14 | Posted by snoofy at 2020-09-16 04:34 PM | Reply

I have not heard anything about it.

Ignorance is all the facts Trump supporters need.

#15 | Posted by ClownShack at 2020-09-16 04:37 PM | Reply

"....pay for themselves." Now where have we heard that spiel before?

#16 | Posted by MSgt at 2020-09-16 06:25 PM | Reply

It only said they'd "largely" pay for themselves.

If you think education is expensive, try ignorance!

#17 | Posted by snoofy at 2020-09-16 06:28 PM | Reply | Funny: 1 | Newsworthy 1

"If you think education is expensive, try ignorance!"

Cannot be repeated enough.

#18 | Posted by bocaink at 2020-09-17 08:02 AM | Reply

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