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Are you ready for this? I’m not.
Didn’t President Joe Biden’s parents ever talk to him about the importance of “living within his means?” Why must every liberal politician spend our hard earned money while racking up bigger and bigger debts?
Anyway, Joe Biden’s proposal is the most extreme in generations.
President Joe Biden is pushing for a federal budget of $6 trillion for 2022, the highest level of federal spending since World War II. The proposed budget is planned to increase up to $8.2 trillion by 2031.
Biden’s colossal $6 trillion in government spending would destroy any potential for growth in the economy. Of course, that doesn’t seem to matter to this team. Their priority is a redistribution of wealth–not actual economic growth. The proposed spending would result in an expected budget deficit as high as $1.8 trillion…and that’s being optimistic — meaning, that $1.8 trillion number assumes our economy will actually recover from the recession completely. (I’m not convinced it will.) Meanwhile, deficits are predicted to stay as high as $1.6 trillion until 2031!
And to rub salt in the wound, not only will be more indebted than ever–but, in Joe’s perfect world, we’ll be looking at higher and higher taxes on corporations and “high-income” individuals, as Biden’s administration attempts to pay for at least some of its social spending.
The administration claims that the plan will make the U.S. more competitive in the global marketplace. Reality check for them: Higher taxes and deficits will have the exact opposite effect.
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And, deep down, the Biden administration actually knows that.
By proposing that 15% global minimum corporate tax rate for all OECD countries, the administration has effectively admitted that high taxes may prompt U.S. companies to move overseas.If companies and high earners were to begin leaving the country, the United States would lose much more than tax revenue.It would lose the people that make the United States the global innovation hub it now is. And that’s a problem that no amount of government spending will be able to fix. SUBSCRIBE TO TRISH’S FREE CHANNEL TO WATCH HER SHOW DAILY:
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Yes, We Need Your Help
I hate being “that guy” who asks people to donate because I think our conservative news network is so crucial, but here I am…
When I left my cushy corporate job in 2017, I did so knowing that my family would have to make sacrifices. But I couldn’t continue to watch the nation slip into oblivion and was inspired by President Trump’s willingness to fight the good fight even at his own personal expense. What I didn’t realize then is that conservative media would be so heavily attacked, canceled, and defunded that the sacrifices would be extreme.
Many in this nation are struggling right now even though we weren’t struggling just a few years ago. I’m not alone. But I wake up every morning and operate the sites we’ve been able to build because there’s really no other choice. I refuse to be beholden to Big Tech like so many other conservative news outlets, which is why you won’t see Google ads here. With that said, it’s often challenging to pay the bills and it’s even harder to expand so we can get the America First message out to a wider audience.
The economic downturn has forced me to make a plea for help. Between cancel culture, lockdowns, and diminishing ad revenue, we need financial assistance in order to continue to spread the truth. We ask all who have the means, please donate through our Giving Fuel. Your generosity is what keeps these sites running and allows us to expand our reach so the truth can get to the masses. We’ve had great success in growing but we know we can do more with your assistance.
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I would even be willing to entertain investments and partnerships at this stage. I’ve turned them down in the past because editorial purity is extremely important. I’ll turn them down again if anyone wants us to start supporting RINOs or avoid “taboo” topics like voter fraud, vaccines, or transgender supremacy. But I’d talk to fellow America First patriots who want to help any (or all) of our 10 news sites. Hit me up at jdrucker (at) substack (dot) com if you’re interested.
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