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 ...
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
When do Dems start pandering for 2022? That’s when voters get paid off. Until then it’s just the bad guys getting paid.
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...
It’s about creating a huge pool of public money for the DC democrats and their cronies to loot. End of story.
OBiden did say whitey wasn't going to get any of the assistance to small businesses...
Direct to the “Well, duh” file.
There is no one left alive who can remember the last free and fair election in Chicago.
Where’s my free money?
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