The Dems f-cking it up!! >[

The fact that Sinema and Manchin were “holding out” from joining the Democratic causes that propelled the Dems into the congressional majorities should have been the FIRST warning sign that neither of these senators are going to give a shit about the Democratic causes in Build Back Better. What’s in Build Back Better? The White House website (wiki, link 1, link 2) has a fairly good synopsis. After also reading the other links, here’s my interpretation of it…

Build Back Better (BBB) will probably help families with kids through tax credits, childcare subsidies, universal pre-school programs and probably most importantly paid family leave (link). In US laws, there currenlty is 12 weeks of UNPAID leave (60 working days or 240 hours). Some states have added exceptions and require paid family leave.

BBB also has a concerted effort in pushing US towards a green infrastructure platform to combat climate change and hopefully establishing a future clean energy technology growth. Climate change needs to be enacted at the governmental/federal level. The overwhelming majority of climate scientists (97%) believe there’s climate change (link 1, link 2, the 3%?, another 3%?).

BBB is also trying to bring affordable healthcare to everyone. Although short of providing single payer healthcare to everyone, it will at least try to shore up some of the deficiencies from the ACA (Obamacare). The US healthcare is horribly inefficient at receiving healthcare based on how much it pays (link 1). Spending nearly 20% of annual GDP and with citizens one medical emergency away from bankruptcy, the US’s laissez faire approach to healthcare needs to change.

BBB will try to help the middle income families through affordable housing and affordable college education. The average student loan debt of a graduating senior has been increasing and for 2021 sits at $30,600! There are a number of different options you can use with that amount. A college graduate could buy a reliable Japanese car like Honda/Toyota and drive 10 years before it breaks. And to be realistic, a college graduate doesn’t neccessarily need to drive a high end luxury car like BMW, Mercedes or Lexus straight out of college unless they’re in a customer facing job like sales. Or alternatively, the 30,600 could fund a 10 year passive investment account with a 5% rate of return and $200 monthly contributions which would yield nearly 80K at the end of 10 years. Or, if there’s affordable housing, the graduate could use the money on a down payment for a condo/house which leads to real estate investment wealth.

BBB says it’s “fully paid for” which I highly doubt (confirmed). However, these kinds of programs are meant to be investments in the future. And even if the future is unknown, the US government needs to act quickly because not doing anything might be worse thing to do. Unfortunately, the US government is anything but fast.

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