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Biden aims billions in taxpayer money at companies' labor, supply practices

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U.S. President Joe Biden is using $1.5 trillion in new federal spending to continue his push to reshape the U.S. economy, redirect corporate profits and reverse a decades-old decline in the benefits that go to workers.

were stripped out of bills last year.

imposed by airlines had already promoted reversals by some airlines, he noted. On Wednesday Eli Lilly said it would reduce prices by 70% for its most commonly prescribed forms of the drug, after Biden repeatedly targeted drugmakers over the cost.Curtis Dubay, chief economist at the U.S.

Ramamurti and others say companies should not complain, since massive federal investments in broadband, roads, bridges and clean energy them compete, while they facing only marginally higher taxes. U.S. corporate profits as a share of GDP rose to their highest levels since the 1950s in the second quarter of 2022. The country had theof all economies in 2021, the IMF found, a gain of $506 billion or 11.3%.

 

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You're still hot/!!!

LOL!! People need two jobs to keep up with the inflation Joe. And, some are getting government dollars so no need to work. And, where exactly are the good jobs?

How about giving that money back to the taxpayers?

So he’s going to make our economy even worse off. Great.

Good.

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