April 29, 2021

Biden Proposes Destroying the Economy

This from E. Calvin Beisner

Takeaway: "Just in those first three Mad Libs bills listed up there — "The American [Noun] Plan” — Biden wants to spend an additional $6 trillion beyond what the federal government would ordinarily spend. That’s about a third of the entire U.S. economy, all on top of the $4.4 trillion the government spent in 2019, the last non-pandemic year."

But that's okay, we can just conjure more money out of thin air, the way we've been doing for decades. Of course, that cheapens the value of all the money already in people's wallets and accounts---i.e.

, it robs them. But who cares? The Eighth Commandment says "You shall not steal---unless you do it sneakily." Doesn't it?

Biden's Trillion Dollar Train Wreck

Tim adds:

Welcome to Wiemar Germany. We'll need a wheelbarrow of money to buy a loaf of bread if Biden gets his way.

Posted by: Timothy Birdnow at 07:07 AM | No Comments | Add Comment
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