So, what’s the Democrat plan to stimulate the economy? Contrarians that they are, now that we’re in a recession the Dems are going to get the economy humming along by … taking more money from taxpayers. They’re using reverse WWDD (what would Donald do?) logic. Whatever the Donald would do, they will do the opposite – because if you haven’t noticed, they don’t like the man. We’re not talking about a trivial tax increase either.
What Do The Facts Show? The Data Behind Manchin and Schumer’s “Inflation Reduction Act” Contradict The Name
Depending on the level of productivity of the “investments,” which will be poor at best, and the growth of government – instead of subtracting the two numbers (in the table above) from each other, more realistically, they should be added together as more budget-busting economic effects on the American people. Another trillion dollar boondoggle from Congressional politicians.
It’s not often we can refer to dialogue about government spending as “fascinating,” but in this case, the shoe fits, and the intrigue comes from the reality of who these two men are: Bill Maher and Joe Rogan are leftists. They are both self-described, unabashed liberals. But what makes them sound like today’s conservatives is the fact that they haven’t totally lost their minds:
In the 1940s and 1950s, state and local government debt was much lower than today. Federal, state, and local governments grew substantially during the 20th century. Spending, revenue, and debt increased as the population grew, and the government invested more in infrastructure, education, and social programs. Leading up to the Great Recession that began at the end of 2007, total state and local government debt increased sharply. It has been falling since 2010 but increased between 2019 and 2020.
Do federal employees really stimulate the economy with their spending? They’re only spending money that was forcibly taken from others, and then largely spent on nonsense. Given that much of what they do isn’t value-adding, it stimulates the economy about the same way “mostly peaceful” youths do when they conduct a smash-and-grab at the local department store. It’s more redistribution than stimulation, and not what a healthy economy needs. The only way for the government to actually stimulate the economy is to cut taxes and get out of the way of business.
It does not matter what the ten programs are because the Republicans disagree with every one of them. The false presentation of the proposed legislation is the problem here, not the Fake price tag declared by the CBO. The other issue is the exploding National Debt. Since the start of the Pandemic, the debt has risen from $22.7 Trillion to $27.8 Trillion. That increase belongs to both Trump and Biden.
Given that the average US home price is only $270,000, it means that the average family is paying more for the government’s debt than they are for their own home. The average family of 4 is essentially making payments on a small house for themselves, and a big house that our congress decided to buy. The average family’s taxes could go down nearly $2,300 dollars per month if they weren’t supporting this national debt.
The illegal immigrants that the Biden Administration is releasing are into predominantly red states. The plan is that upon achieving citizen status, these new voters will align with the Left and turn these red states to Purple or Blue. I hope that this backfires. I hope these folks reject a life of Socialism and vote yes for the opportunity and a life based on individual freedoms.
If anything has been made clear to most Americans who believe in working smart and hard, saving one’s earnings and living within one’s means, it is the fact that these virtues are no longer valued by Congress. America hasn’t had a Congress that believed in fiscal responsibility since Newt Gingrich was Speaker of the House, and as the Democratic Party shifted to the greatest levels of socialism.
That is where politics and reason have gone in Washington. It is all fun and games as the backroom deals determine the fate of a bill and the future of our country. Our ace in the game is that the filibuster survives this battle. If this comes down to reconciliation, then the bill has a 50-50 chance. If the filibuster in the Senate survives, then this bill is dead on arrival.
When most people hear “infrastructure,” they think of roads, bridges, tunnels, and so on. But the Biden administration’s definition of the term is Olympian-gymnastics-level flexible. Apparently, the president considers it “infrastructure spending” to allocate $213 billion to build or retrofit 2 million “sustainable” houses and buildings. They also slip in $40 billion for public housing, stating this will “disproportionately benefit women, people of color, and people with disabilities.”
Now the larger point, money and government. How much is yours and how much will your congressman or councilman take from you for himself and his friends? If we could find a legal way to not pay some of the tax burden, what would happen to the graft in government? Panic of course! There is only one way to stop a government from expanding and tyrannizing the citizens. Starve it of money!
Even with the vast amounts of money spent by the Wall Street crowd on media, some people that were previously asleep have begun to awaken. This is causing some of us to take a hard look at the situation. Our votes are not valid, our God-given rights are trashed, and our savings will soon be worthless as inflation accelerates its rot.
We have not had a president that has put the interests of the USA first in his presidency since Reagan. The others have supported the WEF, China and the Latin societal invasion. Mr. Trump gave a half-hearted attempt but was bowled over. We as citizens have the usual response of just trying to be polite and let these thieves ransack our home. The rotten government exists because we allow it.
The initial public requirement for schools was a Massachussets law in 1647. There were various structures developed for both religious and state schools in the 19th century. Horace Mann was the great engine for expanding public schools in America. In 1911 Wisconsin dedicated part of its’ new income tax for schools and other “essential” services.
When inflation sets in and prices begin rising, the effect on wealthy folks is minimal. If a gallon of milk costs $4 today, and $5 by the fall, and then $6 at Christmas, it’s no big deal to a millionaire. It’s the same with gasoline, or automobiles, or pot roasts. The fat cats just shrug their shoulders, start up the Mercedes, and head to the golf course.
The recent passing of the $1.9 trillion relief package by House Democrats exposes, once again, the corrupt method used routinely to ensure passage of legislation that is weak or politically biased.