Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Bidenomics At Work! Interest On Federal Debt Higher Than Bloated Defense Spending, Biden Ignores Supreme Court And Forgives $1.2 Billion In Student Loan Debt (Cabbage Rolls And Coffee For Us, Wagyu Beef And Champagne For The 1%)
Confounded Interest ^ | 02/23/2024 | Anthony B. Sanders

Posted on 02/23/2024 7:20:29 AM PST by Kaiser8408a

I remember the joke made by Jay Leno about Obama. Go to a McDonalds and order whatever you want and give the bill to the person behind you. Unfortunately, that is the Democrat playbook under Obama/Biden (hereafter termed “O’Biden”). For example, Biden is bragging about forgiving student loan debt relief in the amount of $1.2 Billion in student debt for roughly 153,000 borrowers. And bragging that he is ignoring the US Supreme Court like a banana republic dictator. Like the Jay Leno “joke,” SOMEONE has to pay for this election year vote pandering. But that is the beauty/tragedy of BIG government. It is so big and the numbers so monstrous that many kind of shrug and go “eh.” But someone pays and its the middle class in the form of taxes and inflation.

Who is going to pay for the 10 million illegal immigrants that have crossed the southern border under Biden? While Paul Krugman points to a higher GDP from immigration (illegals still buy goods and services), but mostly are a deadweight drag on social services such as welfare, Medicare, schools, healthcare system, etc.). And of course migrant crime is going off the charts. Who pays for Biden’s border fiasco? The middle class and low wage workers, of course. Elites benefit from uncontrolled immigration, generally live in compounds with private security that the rest of us can’t afford.

So, when will “Billions Biden” stop spending other people’s money? Well, only a barely-held Republican House can stop Biden. Meanwhile I will focus on soaring food prices and eat cheap cabbage rolls and drink coffee. Until Biden kills off those pleasures.

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS:

1 posted on 02/23/2024 7:20:29 AM PST by Kaiser8408a
[ Post Reply | Private Reply | View Replies]

To: Kaiser8408a
Had them back in the day. Looking up recipes now. Good eatin'.


2 posted on 02/23/2024 7:26:57 AM PST by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: All

Old timer, bygone era politicians like Joe Biden, resort to using the old reliable “debt-cancellation” to
buy votes. They then find ways to exploit the resulting bitterness for political advantage.

But you and I will have to pay their bills.

Vote-hungry Biden’s debt cancellation does not abolish an obligation. It merely transfers it to innocent people, chances are that you will be one of those victimized by the Biden vote-buying program.

Cancellation also injures the capital markets, it makes creditors less likely to lend on favorable terms. This makes it harder for deserving people to borrow.

Cancellation damages the sense of personal responsibility. It frays the social fabric by creating bitterness between different classes of people.


3 posted on 02/23/2024 7:28:17 AM PST by Liz (Political correctness is tyranny with manners. Charlton Heston.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaiser8408a

Another ruinous Liberal policy. It’s a sure and absolute path to economic failure and irreversible social instability


4 posted on 02/23/2024 7:33:06 AM PST by SMARTY ("A lie which is half a truth is ever the blackest of lies." Tennyson)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaiser8408a
proxy-image-piurl-https-tse2-mm-bing-net-th-id-OIP
5 posted on 02/23/2024 7:36:30 AM PST by TangoLimaSierra (⭐⭐To the Left, The Truth is Right Wing Violence⭐⭐)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SMARTY

when do they call it Treason?
When is an invited invasion considered taking over?
Chinese coming in our border.. enough to do what? when is it considered Treason?


6 posted on 02/23/2024 7:37:13 AM PST by frnewsjunkie
[ Post Reply | Private Reply | To 4 | View Replies]

To: frnewsjunkie
It IS treason and I don't know how many decades it will take to de program the rot. Maybe it can't be reversed.
7 posted on 02/23/2024 8:40:39 AM PST by SMARTY ("A lie which is half a truth is ever the blackest of lies." Tennyson)
[ Post Reply | Private Reply | To 6 | View Replies]

To: TangoLimaSierra

LOL! I was hoping someone would go full Schmenge.


8 posted on 02/23/2024 9:15:11 AM PST by Sirius Lee (Tonight on The Bickersons... )
[ Post Reply | Private Reply | To 5 | View Replies]

To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...

9 posted on 02/25/2024 10:08:33 PM PST by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
[ Post Reply | Private Reply | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson