Posted on 02/04/2021 1:43:18 PM PST by JV3MRC
The ABC, CBS and NBC evening newscasts have now ignored news that makes former President Donald Trump’s economic policies look good even after he’s out of office.
Fox Business reported that “The US economy will bounce back to its pre-pandemic size by the middle of the year without any emergency stimulus, the US Congressional Budget Office [CBO] projected Monday [February 1].” The CBO report specifically stated that if “current laws governing federal taxes and spending (as of January 12) generally remain in place and that no significant additional emergency funding or aid is provided,” the economy will continue to strengthen "during the next five years." But guess what. ABC World News Tonight, CBS Evening News and NBC Nightly News ignored the CBO report altogether during their February 1 broadcasts.
(Excerpt) Read more at newsbusters.org ...
later
China’s economy is bigger than ever.
As long as there’s inequality, better-paid people will utilize and pay for the work of lower-paid people.
Better-paid people provide for the stuff and services lower-paid people want and need for money.
This amazingly simple set-up works economic miracles.
China runs our economy now might as well get used Walmart jobs a plenty
I definitely think its going to be without Biden. 😄
Patriots need to exercise their voting muscle to require CBO to publicly report when the corrupt, post-17th Amendment Congress is spending taxpayer dollars on things it cannot justify under it constitutional Article I, Section 8-limited powers.
"Congress is not empowered to tax for those purposes which are within the exclusive province of the States." —Justice John Marshall, Gibbons v. Ogden, 1824.
In fact, note that former Arizona federal Representative John Shadegg had proposed an Enumerated Powers Act which would have obligated Congress to justify every bill with its constitutionally enumerated powers.
”From the accepted doctrine that the United States is a government of delegated powers, it follows that those not expressly granted, or reasonably to be implied from such as are conferred, are reserved to the states, or to the people. To forestall any suggestion to the contrary, the Tenth Amendment was adopted. The same proposition, otherwise stated, is that powers not granted are prohibited [emphasis added].” —United States v. Butler, 1936.
But the last that I heard is that the bill unsurprisingly wound up in the circular file.
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