(HorizonPost.com) – As President Donald Trump prepares to leave the Oval Office in a peaceful transition to the new administration, Joe Biden’s move towards a Socialist agenda takes its first giant leap. Biden has promised to ask Congress to pass a $1.9-trillion “COVID-19” relief bill jam-packed with items that look like, as one conservative pundit put it, “Bernie Sanders’ wish list.”
The Liberals’ push for a $15-per-hour federal minimum wage is included within the bill, as are the direct payments to state and local governments — mostly to politically blue states/cities — that were previously rejected in the $900-billion measure passed in December 2020. Even left-leaning CNN ran an article saying economists and business leaders are doubtful the package will do anything to help the economy.
President-elect Joe Biden will propose a $2 trillion increase in fiscal spending to help the U.S. economy get through the coronavirus pandemic, CNN reported.
That includes more stimulus payments and state funding. https://t.co/3MOL3ydpLy
— MarketWatch (@MarketWatch) January 14, 2021
In the tried-and-true manner of Democrats, they’re putting forward a plan that makes for good soundbites to appease their constituents. Their same strategy from the 1960s was the direct cause of runaway inflation. Biden’s almost $2-trillion plan contains no substantive measures to fix the economy; it’s just throwing good money after bad.
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