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Biden’s $1.9T plan isn’t about the pandemic, it’s about the left’s agenda
New York Post ^ | February 2, 2021 | Post Editorial Board

Posted on 02/03/2021 7:31:19 AM PST by karpov

President Biden and fellow Democrats claim Americans’ urgent needs oblige them to ram through $1.9 trillion in new spending rather than accept a much-smaller compromise offer. In reality, this is about the Dems’ own policy and patronage goals.

For starters, the nation has no need for any new “stimulus.” Much of the $2.9 trillion from last spring’s CARES Act has yet to be spent — to say nothing of the $900 billion more that Congress OK’d barely a month ago. Indeed, more than 80 percent of that new money has yet to get out the door.

Plus, on Monday, the nonpartisan Congressional Budget Office projected robust 4.6 percent growth for this year, with the nation hitting its pre-pandemic economic level by summer — without any new spending.

Duh: With the vaccine rolling out, the nation’s savings rate double from pre-COVID days and Americans stir-crazy from lockdowns, consumer spending is set to soar on its own.

Meanwhile, the package Biden & Co. are antsy to rush through is largely geared to appeasing their party’s left. In addition to $1,400-per-person checks, many to people who don’t really need it, and a $400-a-week unemployment bonus that will weaken the incentive to return to work, the plan includes:

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Editorial
KEYWORDS: bidenadm; bidenstimulusbill; breakingest; leftistagenda; stimulusbill

1 posted on 02/03/2021 7:31:19 AM PST by karpov
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To: karpov

I don’t think anyone is getting any stimulus money for the simple fact democrats don’t hand out anything unless they are getting a cut


2 posted on 02/03/2021 7:33:35 AM PST by GrandJediMasterYoda (As long as Hillary Clinton remains free equal justice under the law will never exist in the USA)
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To: GrandJediMasterYoda

When do Dems start pandering for 2022? That’s when voters get paid off. Until then it’s just the bad guys getting paid.


3 posted on 02/03/2021 7:36:59 AM PST by stanne
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To: karpov
For starters, the nation has no need for any new “stimulus.”

Come on Man, we just ordered 5 boxcars of Ink for the Printing Presses over at the Fed....Are we supposed to just Shut Down the Printing Presses??
4 posted on 02/03/2021 7:37:47 AM PST by eyeamok
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To: GrandJediMasterYoda
"I don't think anyone is getting any stimulus money for the simple fact democrats don't hand out anything unless they are getting a cut."

Sure, maybe they'll give the money to the unions so they can decide who gets stimulated..

I think, after the lawyers (politicians) get theirs, who gets what's left will probably be decided by skin tone...

5 posted on 02/03/2021 7:47:46 AM PST by unread (A REPUBLIC..! If you can keep it....)
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To: karpov

It’s about creating a huge pool of public money for the DC democrats and their cronies to loot. End of story.


6 posted on 02/03/2021 7:48:59 AM PST by drypowder
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To: GrandJediMasterYoda
P.S.

OBiden did say whitey wasn't going to get any of the assistance to small businesses...

7 posted on 02/03/2021 7:52:09 AM PST by unread (A REPUBLIC..! If you can keep it....)
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To: karpov

Direct to the “Well, duh” file.


8 posted on 02/03/2021 7:52:46 AM PST by cld51860 (Volo pro veritas)
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To: karpov
All that money is getting kicked back to state and local Dem politicians and interest groups to create a nationwide Dem machine a la Chicago.

There is no one left alive who can remember the last free and fair election in Chicago.

9 posted on 02/03/2021 8:05:40 AM PST by pierrem15 ("Massacrez-les, car le seigneur connait les siens" )
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To: karpov

Where’s my free money?


10 posted on 02/03/2021 10:25:34 AM PST by Jeff Chandler (Pathetic Pierre Delecto, the Pestiferous Potentate of the Enchanted Chones.)
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