Everyone by now has heard about the behemoth budget
that President Biden and Senator Bernie Sanders (Ind.-VT)
have collaborated on, along with its focus on "infrastructure"
(I placed this word in quotation marks because Biden and
Sanders have expanded it to mean things which are not and
never were meant to be defined as infrastructure). The tab
for it all are astronomical to the point of record-setting;
Sanders made a budget proposal of $3.5 trillion (!),
dwarfing Biden's proposal of $1 trillion (?!). The free-
spending pair defended their break-the-bank budgetary
plans with the usual class-warfare rhetoric: both of
these turbo-charged spendthrifts called upon the
"billionaire class" to "pay their fair share of taxes".
"We are living in a nation where the people on top are
doing phenomenally well," Sen. Sanders bellowed to
a crowd at a rally for this Marxist monstrosity in Iowa
recently. "They have so much money, they don't even
know what to do with it, and now some of them are off
in outer space spending their billions. Well, we think
maybe it might be a good idea , before you go off to
outer space, to start paying attention to the struggles
of working families on the ground." Indeed, let's get
working families hooked on more and more financial
handouts from Uncle Sam rather than allow the biggest,
and other big income earners to keep more of their
money so that they can expand their businesses, which
would mean more jobs, some of which would be held
by members of the aforementioned working families.
When the peasantry work for their subsistence they
gain independence and a sense of accomplishment
rather than languishing at home watching TV knowing
that the government will take care of them to the point
of their not trying to do for themselves what left-wing
politicians have soft-soaped them into giving over to
the government to do for them; to feed, shelter, clothe,
and to medically treat them on the dime of those who
do work, and have achieved various levels of considerable
success. When these hard-working businesspeople see
what their taxes will be under a Biden-Sanders "infra-
structure" funding scheme many of them will either
simply not continue to build and grow their businesses,
or they will pack up everything and move their operations
to countries with lower corporate and individual income
taxes. Either way, American workers will be out of work
and non-working Americans will not even try to find
work, and presto! A massive welfare state will spring up
and the national economy will stagnate and shrivel.
Furthermore, the left-wing gruesome twosome will run out
of billionaires to drain for their spending binge. According
to the 2021 Forbes billionaires list, there are currently 724
billionaires in the United States with a collective net worth
of $4.4 trillion. President Biden's own infrastructure plan
includes approximately $550 billion in new spending, but
the total bill is nearly $1 trillion on the nose. Bernie's budget?
A cool $3.5 trillion. If Sen. Sanders were to tax away every
asset of every U.S. billionaire --- that includes (but is certainly
not limited to Elon Musk's bitcoin holdings, Larry Ellison's
boats, Oprah Winfrey's houses, and Ted Turner's ranches,
or the classic car collections of Jay Leno and Jay-Z
--- it STILL wouldn't cover the cost of the Democrats' next
two legislative plans. Think of that! Many thanks, by the way,
to the Wall Street Journal for publishing these facts in their
Aug. 31 edition's Review and Outlook section.
And then there's the funding of the federal government's
operations, roughly $4 trillion per annum. And Bernie
still harbors his dream of Medicare for All, a socialized
medicine scheme which would make Obama's so-called
Affordable Health Care Act look like a little child's
birthday party. Bernie keeps pumping his "us versus them"
message, but he doesn't realize that there aren't enough of
"them" to sink his teeth into --- meaning that he, Biden,
and the government will have to go after the millionaires,
then the upper-middle class, then the middle class. Their
taxes will need to go on a rocket ride too, much more
dramatic than that taken by Jeff Bezos, currently the
biggest American billionaire and the wealthiest person
on the planet. After plundering "them", the socialistic
Democrats will look hungrily at "us". Then what would
we do? And unlike how he ended our war in Afghanistan,
President Biden will prosecute this war, his and Bernie's
War on Wealth, fighting to the last billionaire. Then the last
millionaire. Then ... you get the idea.
MEM
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