Bernie “Budget” Biden To Print Mo Money?
Is there any need for proof Joe has gone all in to Bernie’s socialist policies & “print more money to fund it” mantra than his expected fiscal 2024 budget?
As the WSJ editorial board recently noted, No. 46’s budget when released this week will “belie … one of his more fantastic claims … that he has cut federal deficits and is now a deficit hawk. This is as accurate as Donald Trump’s claim that he can end the war in Ukraine in ‘one day.’”
The editors go on to do a “reality check” using CBO stats that clearly show Mr. Biden’s spending “blow out” during his first two years in office will grandly INCREASE cumulative deficits in the next 10 years by over $20 TRILLION. Merely slowing the “rate” of increases as Joe & his Bernie Democrats insist they’ve done & is a “cut” is beguiling, but plain wrong. But, here’s another reality check: Perhaps most worrisome is what the WSJ doesn’t say in the end, that is, that to pay for those whopping future increases (to add on top of the current $31 TRILLION national debt) can only mean someone down the road is going to have to impose either a massive tax increase or print new paper money or both.
Davd Soul
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