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baseballcrank's profile
Dan McLaughlin
Dan McLaughlin
Dan McLaughlin
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@baseballcrank

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Dan McLaughlinVerified account

@baseballcrank

Senior Writer @NRO. Reaganite, Catholic, Mets fan, ex-lawyer. Opinions 100% my own, but you can share them. Not the Cardinals broadcaster.

New York
nationalreview.com/author/dan-mcl…
Joined May 2009

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    Dan McLaughlin‏Verified account @baseballcrank Apr 29

    Dan McLaughlin Retweeted Nathan Newman  🧭

    Except there is no way on earth to pay for any of this without taking it directly or indirectly out of the median household https://www.nationalreview.com/corner/joe-bidens-plan-39901-in-new-spending-per-u-s-household/ …https://twitter.com/nathansnewman/status/1387725110518427651 …

    Dan McLaughlin added,

    Nathan Newman  🧭 @nathansnewman
    Teaching my statistics class this last week about the difference between the median and the mean. Mean price tag for Biden plan: $46,321 Median price tag for Biden plan: $0 Mean vs. median is basically the engine of GOP lies on the budget. https://twitter.com/baseballcrank/status/1387450981022060544 …
    5:56 AM - 29 Apr 2021
    • 9 Retweets
    • 26 Likes
    • Paul Kempf O Riordan TommyInVegas Walter Watson Demsnuts Country Western Feline Matt Worthing Stephan Wilson maddog301
    10 replies 9 retweets 26 likes
      1. New conversation
      2. Nathan Newman  🧭‏ @nathansnewman Apr 29
        Replying to @baseballcrank

        Nathan Newman  🧭 Retweeted Nathan Newman  🧭

        Biden is proposing an extra $6 trillion over eight years - ~3% of GDP. Quite easy to take that extra 3% out of the 20% earned by the richest 1%. And that $6 trillion doesn't come out of the median; it makes them better off.https://twitter.com/nathansnewman/status/1387447531500707840 …

        Nathan Newman  🧭 added,

        Nathan Newman  🧭 @nathansnewman
        US economy is $21.3 trillion yearly - over 8 years of Jobs Plan that's at least $160 trillion. So $6.1T Biden plans / $160T = 3% of GDP over the next 8 years. That's impressive but big numbers need to be put in context. https://twitter.com/HotlineJosh/status/1387365462951047174 …
        1 reply 2 retweets 4 likes
      3. Nathan Newman  🧭‏ @nathansnewman Apr 29
        Replying to @nathansnewman @baseballcrank

        You are right in your NRO piece that we can't get that just from taxing Jeff Bezos. But top 1% made up of 1.4 million taxpayers whose average annual income is about $1.7 million each year. Plenty of money there to fund Biden's plans.https://www.usatoday.com/story/money/2020/07/01/how-much-you-need-to-make-to-be-in-the-1-in-every-state/112002276/ …

        1 reply 1 retweet 3 likes
      4. Show replies
      1. QB‏ @QB73704445 Apr 29
        Replying to @baseballcrank

        That's literally not true. You might need to sit this one out Dan.

        0 replies 0 retweets 3 likes
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      1. ctyankee71‏ @ctyankee71 Apr 29
        Replying to @baseballcrank

        Taking those 1.4 and 1.7 million numbers for 1% as true, that’s $19 trillion of income for 8 years. Six trillion is 31% of that - and that’s only for new spending. They already pay an ave income tax rate of 26.8 for the rest of the budget (tax foundation), so that’s nearly 60%

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      1. Mike@1moraluniverse‏ @1MoralUniverse Apr 29
        Replying to @baseballcrank

        So?

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      1. mike shaw‏ @MikeVagas21 Apr 29
        Replying to @baseballcrank @ThePoliticalHat

        He's a teacher what do you expect!!

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      1. Lets Offer $10k Bounties On Anti-Vaccine Enablers‏ @foolme2xshame Apr 30
        Replying to @baseballcrank

        “Indirectly” is doing a lot of work there

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