Posted on 11/04/2021 11:16:31 AM PDT by John Semmens
Treasury Secretary Janet Yellen defended the Biden Administration's multi-trillion dollar spending spree, saying "it will help tamp down inflation. Inflation is caused by too much private sector spending. Increased government spending will siphon money out of the private sector by first driving up the cost of consumer goods making them too expensive to purchase. This will force consumers to cut back on their spending."
"Second, the efficiencies stimulated by the build back better plan will start to kick in as people switch from their selfish attitudes toward how they spend their own money toward a more public-spirited willingness to sacrifice for the common good," the Secretary maintained. "More will happily make do with what they already have in the knowledge that the government will make better use of the money than they could have if left alone to feed their own personal vices."
Rep. Troy Carter (D-LA) concurred with Yellen's prognostication, saying that "historically, government has always shown more astute judgment in how money is spent than the common people. Government occupies a higher vantage point and a more noble dedication to the common good. Money that individuals would have wasted on fancy foods, clothes, housing, travel, and entertainment will be more wisely invested in the surveillance technologies humanity needs for the future."
If you missed any of the other Semi-News/Semi-Satire posts you can find them at...
https://www.gopbriefingroom.com/index.php?topic=452538.0
(well, among Democrats, anyway)
Should be FULL satire, not semi.
Nancy’s spend to prosperity , then they take your money to spend
Actually, it’s not satire at all, it’s what Yellen and Dems are now saying. Massive Gubmint spending drives down inflation!
Some years back water temperatures in the world’s oceans hadn’t shown increases like the warmists predicted. Warmist scientists speculated that the warm water was trapped at the bottom of the oceans. This reflecting the well known phenomenon of warm liquid falling and cold liquid rising.
Liberals will say anything no matter how ridiculous to bolster their arguments.
UAN @ $505/Ton.
Katie, bar the door.
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