Dusty Bake Activate
Fukk your corny debates
1) I never received any stimulus check?
2) My wife, daughter, and my health insurance is provided by my employer.
3) I am responsible with my credit, so this doesn't help me
4) I borrowed the money, why shouldn'y I pay it back??
That stimulus was not given to the middle class it was appropriated to programs and departments to help spur job creation. Not one middle class family received a check from that "stimulus". What is also did was provide funds for a food stamp program and subsidized housing program which benefited the poor
I actually agree with the premise of Obama's healthcare act, however it is not Healthcare reform, it is Insurance reform. I agree with mandating that everyone purchase insurance, as it will help curb costs that tax payers incur from paying for non insureds emergency room visits, but i do not agree with providing a subsidy for someone who cannot afford it. Too many able bodied people who choose to not work benefit.
I agree with the passage of the credit card reform act.
The student loan forgiveness act is good in theory but it sends the wrong message. Any person who borrows money does so knowing what they are getting into. There is a cost associated with getting an education. This is why educated individuals command more and earn more money in their lifetimes that those without college degrees. Forgiving student loan debt is not right and it sends the message that we don't have to pay our bills. Now I do agree with some principles of the bill, such as allowing for payments that are in proportion to income earned and the consolidation of loans but I do not find it fair that you can forgive a debt after a number of years. People should be required to pay back what they borrow.
First off, before anything else, I want to say it's laughable that we're even having a discussion about whether Obama's policies favor the middle class or the poor, when in reality, the wealthy have been the ones who have most benefited from Obama's presidency. The Treasury pumped money into the big banks and held no one accountable for the massive fraud that caused the financial collapse, and there was quantitative easing (by the Fed, but with the blessing of the administration, I'm sure), no new taxes for rich, and nothing done for peoples' shrinking home values. The top 1% got 93% of the income growth since 2010.
So the notion that the poor is who Obama is gearing policy toward is worthy. You saying that is once again indicative of your surface-level mainstream media talking point/platitude-driven erroneous view of things.
1. I'm not sure why you're talking about not receiving stimulus check. Stimulus in the form of checks to taxpayers is the weaker, less effective form of stimulus. Obama's stimulus which took the Keynesian approach of the government acting as as public spender when private spending has came to a halt and cutting taxes for those most like to spend it is more effective method. And it worked. It created or saved 2.5 millions jobs and added 3.8% GDP growth according to the CBO and other major economic research firms. Creating jobs and and growing GDP is policy geared to helping the middle class. They could've just gave people checks, but it wouldn't have done nearly as much to improve the economy, though it would've been more popular because people are ignorant.
2. The Affordable Care Act, which isn't even fully implemented until 2014, has already worked to reduce the rate of increase in healthcare costs. And it has prevented people from being denied coverage due to pre-existing conditions and eliminated costs for preventative healthcare. So your daughter and your wife are spending less out of their pocket because all their papsmears, mammograms, flu shots, etc. is covered. You talk about how covering the uninsured was geared toward the poor, but in reality, making poor people pay into the system as opposed to draining emergency services and hospitals, which is the most inefficient method is bringing costs down overall. Making the healthcare system more efficient and less expensive, and thus less out-of-pocket costs is geared to helping the middle class. The insurance companies and the drug companies more of course...but you get the picture.
3. The credit card reform bill prevented credit card companies from raising your rates without default. You know they could do that before and were on the verge of doing so before the credit card reform bill passed right? People were already getting letters telling them their rates were going to be raised in the wake of the financial meltdown...paying customers who never missed a payment. The credit card reform bill nixed that. I even got a letter from my credit card company myself telling me they were going to raise my rate and I argued with them on the phone for a long time. Then they passed the credit card reform bill and it stopped them. A lot more good provisions in there too. Credit CARD Act of 2009 - Wikipedia, the free encyclopedia Obama's a dumb ass for not bragging more about that. It helped a lot of people, most of whom probably don't even know it.
4. The student loan thing, you obviously don't even know what you're talking about at all. You're confused. The student loan reform bill didn't forgive debt. What the student loan reform bill did remove the middle man from college loans. Instead of Bank of America or Chase being the loaner, now the federal government is, and the loans are at a lower rate. My wife's student loan rate went down by over 2% after the government took over from Bank of America on her loan.
All of those policies are geared toward benefiting the middle class. And there's more I didn't mention, and more that got blocked in the Congress, notably the American Jobs Act. But in summary, Obama's policies primarily benefited the rich, just as Romney's would, he did do some good things for the middle class, and no politician at a presidential level gives a fukk about the poor other than the bare minimum of keeping them from starving and being homeless.