Biden’s Dumb Stimulus Plan

Biden’s stimulus plan that raises the minimum wage, of course, undermines jobs by making employers pay more for their least expensive employees, so naturally what these employers will do is cut some of those jobs to protect their profit margins — this is especially true in states with a lower cost of living, as in many of the states in the South. This at a time when it is crucial to stimulate job growth. What’s the word for that. “Dumb” comes to mind.

The bulk of the program is this big giveaway to state government with deplorable finances — think New York and California. In other words, it rewards bad financial behavior by state governments with the most spendthrift mindsets. Another dumb.

Finally, it gives a huge amount of money to colleges and public schools, i.e., financing an education system that is already way overdeveloped to begin with. Another dumb.

And again we have this practice of giving money to people, which is part of the program which actually does address the immediate problem, but I ask you, is it smart for the federal government to be giving money to everyone — is that a smart practice in the long run? I think not.

Put another way, is it wise for the federal government, which is already so deeply in debt, to take on such an unprecedented amount of new debt? That’s what the big giveaway comes down to — an enormous expansion of federal government debt, which is already well beyond anyone’s real understanding before this stimulus plan is even put into effect. It mortgages our children’s future and their children’s future…and their children’s future.

What would make sense here is a massive infrastructure program by the federal government. What should have been done way back in the 2008 crisis but wasn’t. Are we about to repeat history?

Benign Protest

Corrupt

That Biden doesn’t see anything wrong in his son having enriched himself with foreign governments through influence peddling speaks volumes about our next president’s values.

No question, the “swamp” is about to take back the government. Here comes corruption and double talk. They enrich themselves while trying to make you think they act to promote the public interest.

Funny thing how our politicians in Washington are all multi-millionaires while always pushing the “fight for the little guy” narrative. Yeah, right. Many of them come by their wealth after arriving in DC. So I guess Joe’s attitude toward easy money isn’t that uncommon. Nothin’ wrong with it, right?

Such a Fraud

Lunatics in Charge

Biden has Kerry and Rice back in his White House. These were the two knuckleheaded masterminds of the “Peace in Our Time” deal with Iran. They took a page from Reagan but altered it a bit — “Trust but no verify,” as they were in such a hurry to get a deal — any deal — with Iran. Just like Chamberlain at Munich. So we are going to have lunatics in charge of our foreign policy again, if you can call it that.

And of course Biden is in bed with the Chinese, perhaps even financially benefiting from Chinese companies. But then you know that for career politicians, graft is just considered their retirement benefit. So back to the “policy” of doing things that benefit China but undermine the US — because the Rust Belt isn’t big enough yet.

First Real Test for Biden

Munich Agreement

Forgiving Student Loans

Biden wants to “forgive” student loans. But is that a good precedent — to establish that when you borrow money, you ultimately won’t have to pay it back? And what would this forgiveness cost the federal government, which is already swimming in its own debt? But that’s what Democratic government does — provide reckless giveaway government to curry favor with the electorate despite the consequences. Strong leadership here from Biden? I think not.

Biden