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Child tax credit & the end of stimulus vs unemployment.
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Child tax credit & the end of stimulus vs unemployment.
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Done.
The govt has absolute power over you, because you people refuse to be self-sufficient, it is literally that simple!! Now go back to sleep!
Very misleading to not acknowledge that there were already $2,000 child tax credits before this. Your monthly child tax credit spending numbers should be 2/3 or more less than they are to account for credits that have nothing to do with stimulus.
Don't forget the largest increase in food stamps drives up inflation as well cause retailers can chg higher prices for food
this is my taxes big homie.. aint no stimmy this is money they failed to steal from me.
I think its bs that they only gave the stimulus checks for people with children for the last half of the year. If you cant afford to feed them, you cant afford to breed them. I'm sure there were plenty of people struggling who dont have kids
Will we ever talk about how all this money printing is no different from any random counterfeit $20 bill being put into circulation it's all stealing purchasing power from us as and functions as a regressive tax. Start opposing it on principle!
Doubtful many people can choose to stay home with their kids and not work bc they are getting a 6 month 250 to 300 per kid tax credit. A temporary stimulus does not replace a full time job wages.
CTC isn't really a stimulus though…? Since you get that on your taxes every year anyways.
The child tax credit being split up vs lump sum changes how companies try to target your money. A lot of people use the lump sum to buy Tvs, electronics, furniture, etc.. . So now its month to month.. it changes things.. So, its like having additional money month to month, and yes that means you're for sure willing to pay more for gas, meat, foods, eating out, and anything else thrown at them. As Kevin has shown, there are companies profiting this year more with higher prices, because of "inflation" fluffing their bottom lines.
It's not fair that the ones who spread their fucking legs to pop out some little bastard child get money and the rest of us are fucking screwed!!
I wish I could get some kind of money. I'm struggling so hard right now with bills. It's a good thing I can even still get food stamps. WE NEED MORE UNEMPLOYMENT PAY!! I would get down on my knees and beg for more. None of us are going to suffocate for hours on end and get poisoned just for a fucking job.
Did you forget manufacturers also might of had to raise prices because of the shipping disaster we’ve had all year? Shipping in goods skyrocketed to all time highs and are still ridiculously high from its normal prices.
Newsman kevin I appreciate the info like always i been watching this for over 2 years and i am happy with the results
Heres an idea, quit stimulating everything, let people work for their money and keep the money the make (reduce taxes). Spending, inflation, prices, will normalize true to market value. I know right, weird.
I’m a single parent and I depend on that money with my kids. When I hear that the bill needs to pass on the 28th or else I shutter to see how the next 4 moths will drastically affect my finances
Sir I’m going to have to push back on this just a little. I typically agree with everything you say, considering how much more knowledge you have than me and how much research you do. In fact I don’t disagree with anything you said in this video. More so given the platform you have I’m concerned about the narrative that can be received hearing “helicopter money” referring to monthly child tax credits. I understand and agree with you making the point saying how it is just another stimulus propping up inflation in the short term. However, parents have been receiving these credits since 1997 in lump sum payments until changing to monthly recently, so this tax credit money has been stimulating the economy for decades now only difference is how often it is paid out and divided up. (A good study would be tracking the increase from $400 annually to up to $3,600 annually now compared to increase of child care, living and inflation cost over time – mental note to self)
It's not extra. They have always payed it. It was just once a year not every month.
I don’t think the child tax credit is helicopter money!!! I am a single parent that money has helped me put food on my table. I hope they extend it!
Glad I watched this. Now I know the child tax cut is responsible for inflation and massive supply chain and labor shortages and possibly a pandemic.
… He really needs to color the beard to match the hair. Wouldn't that be so much better?
"When you're married, work becomes an outlet for getting away from stress."
Biden preaches one thing does another sings like a Canary about taking the rich then does away with the salt tax and threatens people working their tail off to stay off welfare and try to be a decent person and acceptable . And threatens to audit the poorest class in America . Go Brandon
Child tax credit blah blah it's always same thing with this government bidens leading. He wants to skim working man's dollar borrow on our 401k then then he throws audit to the under poverty class . Trump was a joke Biden is a joke. We need another Obama
Child tax credits have been around for a very long time so why it all of a sudden is the reason for inflation to stick around is a little bit of a stretch in my opinion. Yes they have increased quite a bit as the credits were 2k per child last year. Still don’t think that this has much bearing on lasting inflationary pressures. Not sure that this will effect it either way after the last payments are sent out tomorrow. I do believe there should be a work requirement to receive the payments too! Just an opinion! Love the content! You are usually spot on so we will see!
while I don't disagree with this child tax credit, it is given in a short span of time. no wonder the supply shortages and bottlenecks