Posted on 05/28/2021 1:09:50 PM PDT by ChicagoConservative27
President Joe Biden’s budget proposal released Friday would extend rare and extreme levels of deficit spending not only through his term as presidency but halfway into the next term.
The budget proposal forecasts budget deficits that are higher than five percent of Gross Domestic Product, a level rarely seen except in a recession or its immediate aftermath, in each year until 2027.
(Excerpt) Read more at breitbart.com ...
And after 2027 they will be super ultra high.
It’s like digging yourself out of a hole. It ain’t going to work.
These malicious expansions of government illustrate that Biden/Harris hate America and fully intend to destroy her once and for all.
I think the plan is to collapse the US and then resurrect it as the leader of global government in the form of high tech communism.
If Trump had been reelected we would have had ultra-high budget deficits for the forseeable future. Under Biden we may have insanely high budget deficits instead.
Red china Lite
Planned and anticipated bankruptcy, following stagflation after inflation .
China buys our debt, thus, the US becomes beholding to China, and the US sells out its' politicians, followed by manufacturing, followed by sale of its sovereignty.
Buy-den has no moral authority because he, as the trojan horse, is run by a council of advisors, a wife, all of whom have "plausible deniability".
After America collapses, it’s going to take years to unwind the crimes of these Traitors including those who voted or donated to them. That (as opposed to January 6th) will be a good reason for a Truth & Reconciliation commission.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.