
Infrastructure Hoax
We’ve learned that President Joe Biden likes spending money. He must have developed an affection for it during his days in Congress where there is an insatiable appetite for spending money the federal government doesn’t have.
After little more than two months on the job Biden is edging toward committing the country to a mind-numbing $6 trillion in spending. If he stops now (unlikely) the federal debt will exceed $28 trillion. That means you, your spouse, your kids, all your kids’ friends and their parents – everyone in the nation – will ultimately owe the federal government over $85,000, each.
The President’s latest spending plan – which costs more than FDR’s New Deal and LBJ’s War on Poverty, combined – includes funding for, among other things: capping and cleaning up well heads; forming a civilian climate corps to combat global warming; creating “green” infrastructure, including replacing fossil-fuel technologies with those producing electric energy; ending state “right to work” laws; and providing other myriad green subsidies.
The advertised principal expenditure of the plan is infrastructure – which to most people… Read More