Economy
Poll: Almost 40% Of Democrat Voters Say Democrats Have ‘Run The Economy Into The Ground’
Almost half of Democrat voters also said they believe the economy is in a recession
Published
8 months agoon
Steve Watson

A new poll from Rasmussen has found that a majority of voters agree that Democrats ran the economy “straight into the ground,” with close to a whopping 40 percent of Democrat voters agreeing that is the case.
The poll found that 85 percent of Republicans at least somewhat agree with the statement made by Senate Minority Leader Mitch McConnell that “Democrats inherited an economy that was primed for an historic comeback, and promptly ran it straight into the ground.”
But the most startling finding is that a majority of 57 percent of unaffiliated voters agree, and even 38% of Democratic voters agree with 23% who ‘Strongly Agree’.
“Democrats inherited an economy that was primed for an historic comeback, and promptly ran it straight into the ground.” Do you agree or disagree with this statement?
— Rasmussen Reports (@Rasmussen_Poll) August 3, 2022
– AGREE –
Men: 63%
Women: 56%
DEM: 38%
IND: 57% 👈
GOP: 85%
All Voters: 59%
Story – https://t.co/lRz6FXQvp3
The poll also found that a majority of 62 percent believe the United States economy is in a recession, despite desperate Democrat efforts to redefine what that means, with just 23 percent saying they don’t think there is currently recession.
Almost half (47 percent) of Democrat voters also said they believe the economy is in a recession.
"Is the U.S. economy currently in a recession?"
— Rasmussen Reports (@Rasmussen_Poll) August 3, 2022
1000 National Likely Voters – Weighted D35, R33, I32
– YES / NO / NOT SURE –
DEM: 47%/35%/18%
IND: 57%/24%/19%
GOP: 83%/10%/7%
All Voters: 62%/23%/15%
Story – https://t.co/lRz6FXQvp3 pic.twitter.com/rh3knTBUnk
62% of voters think the US economy is in a #recession.
— Rasmussen Reports (@Rasmussen_Poll) August 3, 2022
Only 23% disagree.https://t.co/tvRj3wDnGg #BreakingPoll pic.twitter.com/oA5zhVy94Q
Even a plurality (47%) of DEMOCRATS think the economy is in a #recessionhttps://t.co/tvRj3wlMhG #BreakingPoll @TheDemocrats pic.twitter.com/I8xzRyUFhf
— Rasmussen Reports (@Rasmussen_Poll) August 3, 2022
Going into the midterms, a huge percentage of Democrat voters believe their own party has ruined the economy, which they see as a top three issue.
NEW: Top Voter Midterm Issues vs Top Media Issues
— Rasmussen Reports (@Rasmussen_Poll) August 3, 2022
Today we re-surveyed The Economy – and it remains at #3.
Concerned about The Economy rose from 89% to 91%, while Very Concerned fell from 69% to 66%.
Please be kind and don't retweet this were the legacy media can see it. https://t.co/ATqLutzlzB pic.twitter.com/bO3L2erh68
SUBSCRIBE on YouTube:
Follow on Twitter: Follow @PrisonPlanet———————————————————————————————————————
Brand new merch now available! Get it at https://www.pjwshop.com/
ALERT! In the age of mass Silicon Valley censorship It is crucial that we stay in touch.
We need you to sign up for our free newsletter here.
Support our sponsor – Turbo Force – a supercharged boost of clean energy without the comedown.
Also, we urgently need your financial support here.
———————————————————————————————————————
You may like
-
Just Get The Hell Away
-
Video: MSNBC Panel Says That Criticising George Soros In Any Way Is “DANGEROUS”
-
Rand Paul: “People Saying COVID Didn’t Come From A Lab Are Self-interested”
-
Videos: Biden Literally Can’t Talk Anymore
-
Google’s New Bard AI is Riddled With Political Bias
-
Trump Surges Into 14 Point Lead Over DeSantis
Economy
Elon Musk Responds To Biden’s “Pay Your Fair Share” Tax Tweet
“I paid more income tax than anyone ever in the history of Earth”
Published
3 days agoon
20 March, 2023Steve Watson

The world’s richest man Elon Musk has responded to a tweet sent out by Joe Biden calling for higher taxes for billionaires, noting that he’s paid more tax than any human ever in the history of the planet.
Biden sent out the following tweet calling on rich people to “pay your fair share,” along with a claim that the average tax billionaires pay is three percent.
Look, I think you should be able to be a billionaire if you can earn it, but just pay your fair share.
— President Biden (@POTUS) March 18, 2023
I think you ought to pay a minimum tax of 25%.
It’s about basic fairness. pic.twitter.com/oHgreYCdUz
Musk responded, noting that he paid a whopping 53 percent tax on Tesla stock options at both the state and federal level, and that he paid more taxes than any person on Earth in 2021 ($11 billion) and will do so again for the 2022 fiscal year.
Musk also called for a fact check on Biden’s three percent claim.
I paid 53% taxes on my Tesla stock options (40% Federal & 13% state), so I must be lifting the average!
— Elon Musk (@elonmusk) March 18, 2023
I also paid more income tax than anyone ever in the history of Earth for 2021 and will do that again in 2022.@CommunityNotes, is the 3% number cited above accurate?
Musk’s call led to the following correction from the Tax Foundation being added to Biden’s tweet, showing how Biden is either just flat wrong or lying:

Others chimed in on Musk’s comments:
Don't disturb the narrative with facts
— CTO Larsson (@ctoLarsson) March 19, 2023
The country would be much better off if you were able to keep that money, and were able to invest it productively, rather than turning it over to government to blow it on consumption. Our nation will suffer a lower standard of living as a result.
— Peter Schiff (@PeterSchiff) March 19, 2023
Correct, its horrifying to see what they waste our money on. They burn it, they send it to Ukraine launder and spread to their friends and back to themselves.
— Myamoto Musashi (@M3yamotoMusashi) March 20, 2023
Imagine how much better the world would be if instead of Elon Musk paying millions in taxes, he could invest those millions in new technologies (and of course the colony on Mars).
— Nick Flor 🥋+🇺🇸 (@ProfessorF) March 19, 2023
They can’t even manage their own spend and they expect billionaires to cover it. Even if you taxed billionaires 100% it wouldn’t stop our fundamental issues.
— Tesla Owners Silicon Valley (@teslaownersSV) March 18, 2023
While others had some choice responses for Biden:
How much tax did you pay on the 10% 🤨
— Yanky (@Yanky_Pollak) March 19, 2023
Does that include the money you sold us out for to Ukraine and the CCP?
— Lori Mills (@LoriMills4CA42) March 19, 2023
The claim that billionaires pay only 3% taxes is highly deceptive. It's based on counting unrealized capital gains as income–which they're not. Look–we can have a debate about how much to tax people, but let's keep the debate honest.
— Michael Isenberg (@TheMikeIsenberg) March 18, 2023
Except most billionaires are employing hundreds if not thousands. They're contributing to the growth and sustainability of society. They should be incentivized for that, not punished.
— Joel Bodker (@Joelbodker) March 18, 2023
There should be a flat tax for all citizens, regardless of income. That is true equality.
Stop laundering billions of our tax dollars to Ukraine and give us back the 10% you got from it big guy 🖕
— Real Phil Jones ™🦅🇺🇸 (@RealPJones) March 18, 2023
SUBSCRIBE on YouTube:
Follow on Twitter: Follow @PrisonPlanet———————————————————————————————————————
Brand new merch now available! Get it at https://www.pjwshop.com/
ALERT! In the age of mass Silicon Valley censorship It is crucial that we stay in touch.
We need you to sign up for our free newsletter here.
Support our sponsor – Turbo Force – a supercharged boost of clean energy without the comedown.
Also, we urgently need your financial support here.
———————————————————————————————————————
Economy
SVB’s London Bankers Received Up To $36 Million In Bonuses Days After BoE-Orchestrated Bailout
Published
3 days agoon
19 March, 2023Zero Hedge

Bankers at the London branch of Silicon Valley Bank reportedly received tens of millions of dollars in bonuses just days after the Bank of England orchestrated a rescue package that led to Europe’s largest lender, HSBC, buying the failed bank’s subsidary for just £1, Sky News reports.
Sources described the bonus pool as “modest”, and said it totalled between £15m and £20m.
It was unclear on Saturday how much had been awarded to Erin Platts, the UK bank’s chief executive or her senior colleagues.
One insider said the bonus payments were a signal of HSBC’s confidence in the talent base at its new subsidiary and that the buyer had been keen to honour previously agreed payments in order to help retain key staff. –Sky
What’s more, bonuses were reportedly doled out to US staff just hours before the Santa Clara, California-based bank collapsed. The bank was taken into FDIC ownership, while SVB Financial Group has filed for Chapter 11 bankruptcy protection as it looks to find buyers for their remaining assets.
The UK arm of (formerly) SVB employs around 700 people. The London branch’s ‘guided demolition’ was coordinated with UK Prime Minister Rishi Sunak, who played a pivotal role in an emergency auction that drew interest from several challenger banks, including the Bank of London and Oaknorth.
According to insiders, if HSBC hadn’t stepped up, the bonuses wouldn’t have been paid, while another insider pointed out that stock held by senior executives and other employees had been rendered worthless amid the implosion.
“The UK’s tech sector is genuinely world-leading and of huge importance to the British economy, supporting hundreds of thousands of jobs,” said chancellor Jeremy Hunt. “We have worked urgently to deliver on that promise and find a solution that will provide SVB UK’s customers with confidence.”
“[This] ensures customer deposits are protected and can bank as normal, with no taxpayer support.”
The government had been lobbied intensively last weekend by hundreds of tech entrepreneurs about the parlous state of SVB UK.
They warned of “an existential threat to the UK tech sector”, adding: “The Bank of England’s assessment that SVB going into administration would have limited impact on the UK economy displays a dangerous lack of understanding of the sector and the role it plays in the wider economy, both today and in the future.”
The founders warned Mr Hunt that the collapse of SVB UK would “cripple the sector and set the ecosystem back 20 years”. -Sky
“Many businesses will be sent into involuntary liquidation overnight,” were SVB UK not rescued, wrote the entrepreneurs.
This post was originally published at Zero HedgeEconomy
Ted Cruz Blasts Biden For Bailouts Of Corrupt ‘Bonnie And Clyde’ Banks
“They’re robbing the bank as they know their customers’ deposits are about to get blown up.”
Published
6 days agoon
17 March, 2023Steve Watson

Senator Ted Cruz has slammed the Biden Administration for effectively bailing out Silicon Valley Bank, labelling it a ‘corrupt Bonnie and Clyde’ like operation.
On his “Verdict” podcast, Cruz stated that the failure of SVB has “called into question a lot of the financing for venture capital, and it has potentially imperiled a significant number of mid-sized banks.”
SVB was more focused on virtue signaling than protecting their investments.
— Ted Cruz (@tedcruz) March 16, 2023
More on the latest episode of #Verdict: Don't Call It A "Bailout", But It's a Massive Big Tech & China Bailout
Full episode here:https://t.co/7GWJppnm9F pic.twitter.com/82qCnoNu49
“In response to this, the Biden administration rolled out a major bailout, conveniently bailing out the politically connected friends of the Biden White House in a way that will have lasting repercussions for the economy, and will almost certainly incentivize future bad conduct by other banks,” Cruz asserted.
The Senator continued, “They were gambling that the Fed would not raise rates even though they’d been screaming from the mountaintops that they were going to raise rates.”
“A bank that is being prudent can hedge its investments against interest rates rising by investing also in counterbalancing investments that will go up when interest rates go up. They didn’t do that! They were focused on virtue signaling. They were focused on showing just how woke they are,” Cruz added referring to the revelation that SVB was obsessed with pushing ‘diversity and inclusion’ policies:
Remember that time Signature Bank cut ties with President Trump and called for his resignation? Or that time SVB and Signature started going woke?
— Bryan McNally (@BryanDMcNally) March 13, 2023
Well now the sayings are true…
Go Woke Go Broke…
Everything Woke Turns to Shit… pic.twitter.com/z3WcJ1lYLb
“These bank officers were bad actors,” Cruz continued, adding “Let me let me tell you two data points that have been vastly underreported. Number one, hours before the bank was shut down Silicon Valley Bank gave very substantial bonuses to all of its employees. They just began writing checks to everyone hours before they were shut down. Data point number two: in the two weeks prior to their being shut down, the CEO and the CFO sold large amounts of stock. The CEO ended up making over a $2 million profit from selling stock less than two weeks before the bank was shut down. Both of those indicate corrupt intent.”
Cruz also noted that he “had a conference call in the last 48 hours with all 100 Senators were invited to participate and Treasury and the FDIC was on there and I asked I said, ‘Look, is it true that they gave bonuses to their employees, number one? If so, I think it is outrageous. And number two, has there been any investigation into clawing back those bonuses?’”
“As far as I’m concerned, this is like Bonnie and Clyde,” Cruz charged, urging that “They’re robbing the bank as they know their customers’ deposits are about to get blown up. And much of the media coverage has ignored the exceptionally bad conduct by the bank’s officers.”
Related:
SUBSCRIBE on YouTube:
Follow on Twitter: Follow @PrisonPlanet———————————————————————————————————————
Brand new merch now available! Get it at https://www.pjwshop.com/
ALERT! In the age of mass Silicon Valley censorship It is crucial that we stay in touch.
We need you to sign up for our free newsletter here.
Support our sponsor – Turbo Force – a supercharged boost of clean energy without the comedown.
Also, we urgently need your financial support here.
———————————————————————————————————————
Trending
-
clownworld6 days ago
Oxfam ‘Inclusivity’ Guide Tells Staff to Avoid Using ‘Offensive’ Words Like ‘Mother’, ‘People’ and ‘Headquarters’
-
World at War7 days ago
“I’m Telling You, He Did It”: Seymour Hersh Blames Biden For Nord Stream Attack
-
Economy3 days ago
Elon Musk Responds To Biden’s “Pay Your Fair Share” Tax Tweet
-
World at War5 days ago
Xi To Arrive In Moscow Monday, Ukraine War ‘Core Part’ Of Talks With Putin
-
trump3 days ago
85 Per Cent of Trump Supporters Think Protesting Against Arrest is a January 6-Style Trap
-
LGBT6 days ago
Elon Musk Hits Back At ‘Protect Trans Kids’ Democrat Lieutenant Governor
-
Science & Tech16 hours ago
Google’s New Bard AI is Riddled With Political Bias
-
Immigration7 days ago
Video: Border Patrol Chief Testifies Border Is Not Secure, Wall Needed