'Even if the tax hikes total “only” a staggering $3 trillion, as the latest rumors suggest, much of Biden’s spree will be financed with yet more debt — when Uncle Sam already has more on his credit card than ever. Interest payments on the national debt this year alone total a whopping $378 billion. Biden’s borrowing would push that from the stratosphere and into orbit.
The last (but smaller!) such spending boom that began under President Lyndon Johnson in the ’60s wound up giving America the “stagflation” and double-digit inflation of the ’70s. This one could bring far worse — simply to feed Biden’s ego and AOC’s lunatic agenda.
The voters did not remotely ask for anything like this; most just wanted Trump gone. And they certainly don’t deserve the damage it will do to the nation. Yet Democrats will aim to ram it through with whatever tricks are needed — unless their moderates rise up to rein in their suddenly radical leader.' (The liberals who wanted Trump gone will pay for getting Biden as President, like all other Americans they to will have to pay the higher taxes, higher gas prices which will also make food and other items cost more, etc. And most of all will have millions of illegal aliens in the U.S. getting welfare, food stamps, housing, health care, etc. making taxes rise also. And also, higher crimes in the cities and even in small towns with all the illegal alien murderers, rapist, very dangerous gangs like MS-13, etc. that Biden and his handlers have let into the U.S. without even checking them out, not to mention all illegal aliens with COVID-19 and other diseases being sent all over the U.S. Also, American children are still not having in school education, but the liberals are already having teachers teaching illegal aliens. And to top it off, the Socialist Democrat members of Congress and the Senate wants to make all illegal aliens U.S. citizens, take all real American citizens weapons and defund the police, which will Americans unable to even defend themselves, their families and property. And Socialist politicians in Washington are allowing members of the U.S. military to be weeded out of the military who supports our Constitutional Republic and other freedoms, so the Socialist politicians will have a military to enforce the new Socialist government. Much of the things the Socialist politicians in Washington, D.C. are doing now is just like how Hitler and Socialist (aka Nazi's) took over Germany. Also, forming the domestic terrorist, such as the "Brown Shirts" , much like the Socialist Democrats domestic terrorist, BLM and ANTIFA, but mostly BLM. )
Three. Trillion. Dollars. Maybe four: That’s how much President Joe Biden wants for his next installment of Let’s Remake America. Think of it as pumping gasoline by the shipload onto a wildfire.
Fresh off signing a $1.9 trillion bill for “COVID relief” (that has little to do with COVID or relief), the prez is now set to roll out yet another tranche of his free-money orgy Wednesday. It’s so huge, he’s splitting it into two parts — one focusing on infrastructure, a second on progressive, social-policy wish-list items.
Together, they’d represent the single-largest outlay of cash in US history. And the aim is to “fix” everything from the nation’s insufficiently-green economy to “income inequality” to child care, even as it miraculously revives domestic-manufacturing jobs while making the country carbon-neutral.
Biden’s been sold on the idea he can be the new FDR, imposing a historic nationwide transformation — including the Green New Deal fantasy of socialist-progressives like Rep. Alexandria Ocasio-Cortez. (FDR turned out to be a Communist per released military intelligence files that were "classified" for many years, so Biden just might qualify as the new FDR, the rate he is going to destroy our Constitutional Republic., plus Biden and his Socialist Congress and Senate being allied with Communist China.)
Never mind his thin margin of victory last November or that Congress is nearly evenly divided. Forget his calls for unity and bipartisanship. And don’t even think about the fact that much of the money won’t even go toward his stated goals, just as President Barack Obama’s stimulus for “shovel-ready jobs” turned out to be pure fiction.
And to help this massive spending, Biden will slam taxpayers with trillions more in taxes, particularly on companies and the rich. That’s guaranteed to slow the economy, leading to income stagnation for lower earners, just as President Donald Trump’s tax cuts prompted big gains for working stiffs.
Even if the tax hikes total “only” a staggering $3 trillion, as the latest rumors suggest, much of Biden’s spree will be financed with yet more debt — when Uncle Sam already has more on his credit card than ever. Interest payments on the national debt this year alone total a whopping $378 billion. Biden’s borrowing would push that from the stratosphere and into orbit.
The last (but smaller!) such spending boom that began under President Lyndon Johnson in the ’60s wound up giving America the “stagflation” and double-digit inflation of the ’70s. This one could bring far worse — simply to feed Biden’s ego and AOC’s lunatic agenda.
The voters did not remotely ask for anything like this; most just wanted Trump gone. And they certainly don’t deserve the damage it will do to the nation. Yet Democrats will aim to ram it through with whatever tricks are needed — unless their moderates rise up to rein in their suddenly radical leader. (Well Biden voters, Trump is gone and Biden's "YOUR" President. Let's pray it doesn't happen, but we all may see first hand, what the German people went through under Hitlers "National Socialist German Workers' Party, more commonly known as "Nazi's) . Maybe Americans who supports our Constitutional Republic, supporting God, Family Values, Morals, Freedom of Speech, etc., won't let it happen here in America, after all 73 to 75 million Americans voted against Biden-Harris and the type of government that Biden-Harries, Nancy Pelosi, Chuck Schuner and their fellow members of Congress and Senate want's by destroying our Constitutional Republic.)
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