Boots & Sabers

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Owen

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2102, 31 Mar 21

Biden’s “Bankrupt America” Plan

Uh huh.

The White House has promoted its proposal as the most ambitious public spending in decades, saying the investments are necessary to keep the US economy growing and competitive with other countries, especially China.

“This is not a plan that tinkers around the edges,” Mr Biden said in a speech in Pittsburgh, Pennsylvania on Wednesday. “It’s a once in a generation investment in America.”

Except that we’ve passed three or four “once in a generation” spending plans in the last year. That phrase is no longer valid.

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2102, 31 March 2021

7 Comments

  1. MjM

    Babblin’ Joe is quite right. Certainly no edge tinkering cuz he’s buried each of those edges in billions of tax dollars.

    $174 billion in subsidies for electric cars ($60 billion more than BJ proposes for actual infrastructure spending). You like paying for some one else’s new car? Elon smiles.

    $10 billion for something called Civilian Climate Corp. , a tool for “advancing environmental justice” and
    “good-paying union jobs”. IOW, yet another indoctrinated army of green brownshirts.

    $5 billion to, among other useless things, “retooling grants for idled factories” to turn these blighted properties into “ hubs of economic growth” so BJ can tax them back into blight and idleness later, And of course, “dedicated funding to support community-driven environmental justice efforts.”

    $213 billion “ to produce, preserve, and retrofit more than two million affordable and sustainable places to live. “. Yay. We can renovate 4/5 of Huston. The rest of yoos, bugger off.

    $35 billion to “achieve technology breakthroughs that address the climate crisis “ to include “$15 billion in demonstration projects for climate R&D priorities,” such as , “floating offshore wind” (not sure how one floats offshore wind) and “quantum computing” (who knew quantum computing was an enviro priority?) and of course, “electric vehicles,”.

    Oh, lots more fun. Read it all for yourself: https://www.whitehouse.gov/briefing-room/statements-releases/2021/03/31/fact-sheet-the-american-jobs-plan/

  2. dad29

    But the upcoming 50% devaluation of the USD will REALLY be ‘once in a generation.’

  3. steveegg

    Dad29, let’s check the value of the Weimar Deutschmark before saying a 50% devaluation of the USD would be “once in a generation”.

    More likely it will be more often than the sewer overflows from the system with the Almost-Somewhat-Not-Quite-Deep-Enough Tunnel.

  4. Mar

    Meanwhile, Senile Joe lied again about Georgia’s new election laws and MLB decides to take away the All Star game from Atlanta.
    And Le Roi cheers the lies, and well, he knows about lies very well.

  5. Le Roi du Nord

    Wrong again, mar.

  6. Mar

    And another troll post from Troll Boy.

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