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Progressive Democrats have been very open that they see the COVID-19 pandemic as an opportunity to fundamentally transform America. The monstrosity of a reconciliation bill that they persist in trying to get through Congress is how they plan to do it. Sane spirits may have slowed their momentum, but we would be wise not to rule them out just yet.

In fact, on Friday, after meeting with the House Democrats on Capitol Hill, Biden said, “We’re going to do it. No matter when. It doesn’t matter whether it’s six minutes, six days, or six weeks. We’re going to do it. ”

This so-called “$ 3.5 trillion” reconciliation bill is a spending giant that would actually reach over $ 5,000 billion if properly noted. Only accounting tricks and Congress’ arbitrary 10-year window to assess budget impacts allow the Left to get away with using the lower number. And that’s on top of the $ 1.9 trillion spending included in the coronavirus relief plan passed earlier this year, as well as the roughly $ 1 trillion bill on “physical / human infrastructure.” That Democrats are trying to push through in tandem with the reconciliation bill.

All of this spending would require massive tax increases, of course. Democrats claim they will only target the rich. But, despite claims to the contrary, the rich already bear the brunt of our progressive tax system (already the most progressive tax system in the world) and simply don’t have enough money to pay for all of this government spending.

Add to this the fact that Democrats are in fact looking to cut taxes for their wealthy friends and wealthy contributors, among other things, by restoring the deduction for state and local taxes that benefit almost exclusively the wealthy and the undeniable reality is that all Americans will find themselves footing the bill for these massive government spending plans, whether in the form of direct taxes, increased prices, or reduced economic opportunities. These are European-type social benefits and the only way to pay them will be European-type taxes which hit all classes and all income groups.

DAN BONGINO: “DRAIN YOUR MONEY INTO THE TOILET” BEFORE THE GOVERNMENT GETS IT

It’s not just the huge cost of the bill that should be terrifying, however. These are also the far-reaching political implications, which together constitute an unprecedented attack on entrepreneurship, the free market and individual freedom. Democrats seek to institute a universal basic income through the back door while simultaneously establishing a cradle-to-grave welfare state.

The expanded child tax credit, for example, would not be related in any way to work. In other words, it would serve as a direct financial incentive for Americans to treat children as a source of income – especially since it would be paired with a subsidy for child care that becomes more valuable as it progresses. and as someone has children. This obviously reduces the incentives to work – a fact that leaders of all political stripes have readily recognized in the relatively recent past.

$ 3.5T EXPENDITURE PACKAGE INCLUDES LARGE MONEY FOR TREE EQUITY, BIAS TRAINING AND MORE

In the mid-1990s, President Bill Clinton and Speaker of the House Newt Gingrich worked together to pass landmark reforms that made personal accountability a cornerstone of America’s welfare system. The demands of the job have encouraged Americans to improve their own situation and end their reliance on government handouts. The predictable result has been increased economic growth and lower unemployment.

Now, however, the left sees the work demands as an unfair burden and is working to undo the bipartisan reforms of the 1990s by increasing social benefits and expanding eligibility. Unfortunately, as we’ve seen with generous COVID relief payments, the end result of paying people not to work is that people choose not to work.

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Moreover, if passed one way or another, the reconciliation bill would dramatically increase federal health care subsidies and also seek to artificially reduce the price of prescription drugs at the expense of the government. innovation in the pharmaceutical industry. Add to that a universal preschool from age 3 and a tuition-free community college, and you’ve got a head start for lifelong government addiction.

The folly of the progressive political formula should be obvious to everyone at a time when the country is experiencing both inflation and a labor crisis. There are currently millions of unfilled job vacancies because employers cannot encourage workers to re-enter the labor market. The simultaneous rise in demand-driven inflation makes it clear that the fault lies with government programs designed to exempt people from the need to work full time to maintain their standard of living.

We don’t have to look far for examples to the contrary, either – 2019 has arguably been the most incredible year in U.S. labor market history.

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At just 3.5 percent, the unemployment rate was at its lowest since 1969, with record employment levels for women and minorities. There were more jobs available than there were workers to fill them, putting upward pressure on wages and benefits. Inflation was low and steady, keeping purchasing power high. As for child poverty, it has fallen to the lowest percentage since 1973, down from 3.6 percentage points since the end of the Obama / Biden era.

This was all due to the growth-friendly political environment of the Trump administration characterized by low personal and business taxes, the aggressive elimination of unnecessary regulations, and political acceptance of the government’s limited role in life. private citizens. Today, the Biden administration and the Progressive Democrats intend to take the opposite approach, and if they are successful, no one should be surprised if we get the opposite results.

I wish – and our children and grandchildren may one day wish – that we all took more seriously the left’s proclaimed desire to fundamentally transform our country.

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