The Great Biden Bomb Out
The current national debt is about $31 trillion. The COVID relief bills cost about $3.4 trillion, which is included in that figure. The Biden legislation will spend event more: the CARES will cost about $2.2 trillion; the infrastructure bill will spend about $1.2 trillion and the American Rescue Plan will cost about $1.9 trillion. That’s a lot of trillions. Sen. Everett Dirksen famously said, “a billion here, a billion there, and pretty soon you’re talking real money.” He was wrong.
The abject irresponsibility of the Biden Administration and its blatant disregard for fiscal restraint will bury the United States for generations to come. It has been one bad decision after another. The new money can only be borrowed, as the interest portion of the budget becomes an increasing percentage of the outlays. This squeezes out finding for other items, and the trajectory of this interest is on a stark upward arc: projected to be about a 45% increase in the current fiscal year. Madness.
Biden has also practiced his ignorance technique on the border crisis, crime and inflation. Americans spend more on food, gas and transportation, and worries about criminal behavior have risen dramatically. All this in the face of the midterms, where his party probably loses the house and maybe the senate. But the president continues to deliver speeches based on facts from another world, with magic rhetoric where problems disappear in an exercise of Hocus POTUS. His Darth Biden speech, for example, with the blood-red backdrop and armed soldiers on his flanks, was another egregious example of his severe disconnect from reality.
So the president and his lefty congress have just about wrecked the economy but somehow are on an endless victory lap. This short circuit dissonance comes to a crashing halt after Tuesday when the real reality confronts them as the House and probably the Senate begin the slide across the aisle, and January 3 becomes their due date with a harsh political reckoning.
Blue Star Press 