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Biden 2.0 – Be Afraid, Be Very Afraid
AMAC Newsline ^ | 13 May, 2024 | Stephen Moore

Posted on 05/14/2024 5:38:05 AM PDT by MtnClimber

Could a second Biden term be more injurious to the economy than his first term? It seems unimaginable given the first three years gave us 20% inflation, a $2,000 loss in average real incomes for the middle class, 6 million added illegal immigrants, a war on American energy that has caused gas prices to rise by more than 40% to $3.64 a gallon, the collapse of our many major cities, another $6 trillion added to the national debt, the unaffordability of new homes, and the chaos on college campuses.

So what’s the encore to that abysmal performance? What will Bidenomics 2.0 look like if it comes to that?

Remember, the Republicans have narrowly controlled the House since the midterm elections of 2022, which has put a modest break on President Joe Biden’s more dangerous ambitions, but a Biden blue wave could mean Democrats run the table and have the House and the Senate under their control.

If Biden wins, he will argue that voters have given him a mandate — to move forward with radical redistribution policies.

Here’s a cheat sheet on the top five Bidenomics 2.0 policy priorities:

1. Tax Rates On Investment Up To 70%. Biden didn’t get most of his tax increases through Congress. I calculate that the tax on a million-dollar investment that earns a million dollars would be as high as 70%, wiping out two-thirds of the gain. Business investment would crash, and trillions of dollars of capital would flow like a tidal wave to lower-tax nations.

2. $2 Trillion In New Debt Spending. Liberals have been complaining that even though Biden passed $6 trillion of new spending — adjusted for inflation, somewhat less than we spent to fight and win World War II — there was almost $2 trillion on its wish list...

(Excerpt) Read more at amac.us ...


TOPICS: Society
KEYWORDS: economy; fjb; marxism
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To: MtnClimber

Four more years of sock puppet Biden as POTUS will allow the leftist cabal who actually run the government to push the country into something resembling East Germany, a socialist state with single party elections with the FBI and DOJ morphing into a Stasi like secret police who will spy on everyone and jail or personally ruin dissenters. The US economy will collapse as we enter hyperinflation and our constitutional form of government will be ended. I would expect the confiscation of firearms to be a high priority in Biden’s second term.

The big problem with Biden 2.0 is Biden’s rapidly advancing dementia which already has made him incapable of being president or commander in chief. The charade of Biden is just fine is wearing thin. Kamala becoming POTUS is a real possibility


41 posted on 05/14/2024 7:56:35 AM PDT by The Great RJ ( )
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To: SaveFerris

She will not be dictator. The entire tactic of the democrats will be anti-trump.


42 posted on 05/14/2024 8:18:36 AM PDT by Loud Mime ("The Real Constitution..and its real enemies" on Amazon. Check out the details, they are important.)
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To: Loud Mime
I'm predicting Hillary 3.0

Maybe endorsed by Nikki Haley 😆😂🤣


43 posted on 05/14/2024 8:35:47 AM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: MtnClimber
The only fact this article gets wrong is the following:

6 million added illegal immigrants

It is WAY more than 6 million...

44 posted on 05/14/2024 8:41:09 AM PDT by piytar
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To: The Great RJ

Ya nailed it.


45 posted on 05/14/2024 8:42:17 AM PDT by piytar
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To: MtnClimber

.


46 posted on 05/14/2024 8:50:06 AM PDT by sauropod ("This is a time when people reveal themselves for who they are." James O'Keefe Ne supra crepidam)
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To: SaveFerris

For many years my husband has picked up two burger meals for us from a chain near our house.
Always the same order, and for years the cost was $13 to $15.
When he went back last week, the same order was $21.
Thirty percent increase in less than 4 years.


47 posted on 05/14/2024 9:12:31 AM PDT by Blueway
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To: MtnClimber

be prepared, not scared


48 posted on 05/14/2024 9:13:56 AM PDT by EBH (America Blackmailed, The True Story of the World War...Coming Soon (1/21-))
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To: MtnClimber

That question is about as stupid as: “could more cancer be bad?”.

Yeah, yah putz. Even if already dying more will just make it more painful.


49 posted on 05/14/2024 9:35:16 AM PDT by bobbo666 (Baizuo, )
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To: SaveFerris

Damn, that is very good!


50 posted on 05/14/2024 10:24:36 AM PDT by Loud Mime ("The Real Constitution..and its real enemies" on Amazon. Check out the details, they are important.)
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To: Blueway

Democrat Joe Biden is wrecking the nation


51 posted on 05/14/2024 3:48:51 PM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: Loud Mime

Somebody posted it several months back


52 posted on 05/14/2024 3:49:40 PM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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