More Biden Budget Bull$%#&!
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More Biden budget bullshit. This morning, this morning I’m working out and I got CNBC on in the background and they have some, I don’t remember, congressmen from somewhere, Democrat talk about the Biden budget. Now it’s a good step, it’s a good step in the right direction. And Becky Quick points out ridiculous government spending, $10 billion for this, for that.
Oh, but we got to understand that these are things that nations need to do and blah, blah. You know, more the pork barrel defense crap. It was pretty pathetic in and of itself. But the entire thing is proving to be, I mean, the more you look at this thing, the more ridiculous it is. First and foremost, we already talked about here the various different tax increases, massive tax increases across the board.
corporate minimum tax, corporate alternative minimum tax, Medicare taxes, 25 % minimum tax on incomes over a hundred million. All they’re saying, this is gonna raise $500 billion over the next decade. And again, none of that’s gonna pass. Anyway, Brian Sullivan, Brian Sullivan CNBC actually pointed this out as well. Even with all of the tax,
increases that Biden is calling for. All of the tax increases Biden is calling for, our budget deficit is still going to grow by $16 trillion over the next 10 years. Think about that for a second. Biden is coming out. These donkey a -holes are coming out and they’re telling you that his budget
is gonna reduce the deficit by $3 trillion. That is total bullshit.
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Total bullshit. If they don’t get the tax increases, according to them, the budget deficit is going to grow by $19 trillion. We’re still gonna be growing it by $16 trillion, but they’re telling everybody that they’re cutting the budget deficit by $3 trillion.
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lying, lying, liars, liars, again, let me put it to you this way. We’ve added we’ve added 60 % to the national debt since 2018. 60 % to the national debt since 2018. Germany, a country that has got a much worse financial situation than we have added 32%. So,
Again, more inflation, folks. The only way out of this, okay, because again, I’m going after Biden right now, but hey, Trump loves to borrow money. Trump spent and spent and spent and spent and spent and spent and it wasn’t just COVID, okay, to all you MAGA people out there. Bush spent and spent and spent and spent and spent. Obama spent and spent and spent. And we go on and on and on. And nobody wants to deal with the problems.
of entitlements by any stretch of the imagination. Can’t talk about it, can’t touch it. Okay, the only way out of this situation is to print a shit ton of money. Then what happens when you print a shit ton of money? Guess what? The value of your money goes down and makes everything more expensive. That’s why we have inflation. Watchdog on wallstreet .com.