Posted on 01/27/2021 5:21:33 AM PST by Kaslin
The $1.9 trillion relief bill that President Joe Biden wants Congress to pass now as his response to the COVID-19 pandemic would cost Americans more than the entire federal government cost in fiscal 1981.
That year, according to the historical budget numbers that Biden's own Office of Management and Budget has published on the White House website, the federal government spent approximately $678,241,000,000.
When that is adjusted for inflation from September 1981 dollars into December 2020 dollars (using the Bureau of Labor Statistics inflation calculator), it equals $1.895 trillion.
Last March, President Donald Trump signed a $2.3 trillion spending law to deal with the COVID-19 pandemic.
In December, Trump signed another spending law that included $900 billion targeted toward COVID-19 relief.
Now Biden wants to spend another $1.9 trillion.
If, sometime in the next two months, Congress were to approve the total $1.9 trillion in COVID-19 spending that Biden is now requesting, total federal spending in response to COVID-19 approved over the past calendar year would hit $5.1 trillion.
That would be more money than the federal government spent on all of its activities in any fiscal year until last year.
In fiscal 2019, before the pandemic hit, the federal government spent approximately $4,512,677,890,000 in constant December 2020 dollars (according to the historical annual spending figures published on the Biden White House website -- $4,448,316,000,000 -- adjusted for inflation from September 2019 dollars to December 2020 dollars).
In fiscal 2020, when the pandemic began in the United States, the federal government spent a record total of $6,551,872,000,000, according to the Monthly Treasury Statement for September 2020.
To put this spending in perspective, there were 158,735,000 people in the United States who had jobs in December 2019, the month before publicly reported COVID-19 cases started occurring in the United States. That means that if Congress were to accept Biden's $1.9 trillion proposal for an additional COVID-19 relief bill, bringing total COVID-19 relief spending to $5,100,000,000,000, federal spending on COVID-19 relief over just one year would equal $32,129 for every one of the 158,735,000 people who had a job in December 2019.
If Congress did not approve a penny of Biden's proposed $1.9 trillion in additional relief, the $3,200,000,000,000 the federal government spent in the March and December COVID-19 relief measures already equals approximately $20,159 for each of the 158,735,000 people who were working in the United States in December 2019.
Did you get $20,159 worth of COVID-19 relief and protection from the federal government? Do you think you will get $32,129 worth if Biden gets to spend his additional $1.9 trillion?
To be sure, some of the things Biden is suggesting in his COVID-19 relief plan make sense.
"The package includes more than $400 billion to combat the pandemic directly, including money to accelerate vaccine deployment and to safely reopen most schools within 100 days," The New York Times explained in a story outlining Biden's $1.9 trillion plan.
If $400 billion of Biden's plan will be spent "to combat the pandemic directly," where will the remaining $1.5 trillion go?
"Another $350 billion would help state and local governments bridge budget shortfalls, while the plan would also include $1,400 direct payments to individuals, more generous unemployment benefits, federally mandated paid leave for workers and large subsidies for child care costs," said the Times.
So, state and local governments that are already taxing the incomes, property and the retail purchases of hardworking Americans would get additional money from the federal government that Biden would need to borrow to give them.
For generations to come, working Americans would be taxed to pay the interest on this new debt Biden wants the federal government to incur.
Then there are those $1,400 "direct payments."
"Biden would expand the payments to cover all adult dependents, rather than just children, while keeping the existing phaseout thresholds at $75,000 for individuals and $150,000 for joint filers," reports the Congressional Quarterly.
So, a married couple with no children and a combined income of $149,000 would get $2,800 from the federal government.
Biden's $1.9 trillion plan alone -- leaving aside the combined $3.2 trillion in COVID-19 spending the federal government approved in calendar 2020 -- would cost $11,969 for each of the 158,735,000 people who had jobs in December 2019.
Of course, because the government is already running a deficit, all of this new spending would be done with borrowed money.
When Biden took office as President Barack Obama's vice president on Jan. 20, 2009, the federal debt stood at $10.6 trillion. Eight years later, when Donald Trump was sworn in as president on Jan. 20, 2017, it stood at $19.9 trillion. By Jan. 20, 2021, when Biden was sworn in as president, it had risen to $27.7 trillion.
In just the last two presidencies, the federal debt has risen by $17.1 trillion -- or about 161 percent.
The COVID-19 pandemic was caused by a lethal virus this nation has sacrificed much to control. Our runaway federal government is caused by politicians we do not control enough.
Our runaway federal government is caused by politicians we do not control enough
= = = = = = = = = = = = = =
And the ONLY way to control them is through the ballot box and it appears that is being taken out of our hands..
Like ‘we’ used to joke
IF Voting meant anything, they wouldn’t let us do it.
Biggest problem is that ‘we’ can all sit around and moan and groan about POLs, teachers, lawyers etc etc etc and yet every ‘argument’ ends up with
EXCEPT MINE, he/she/it is great etc etc
Then everybody sits around scratching themselves wondering why the same old POLs etc are still around since EVERYBODY they know doesn’t like POLs either
Imagine if this was a real pandemic and mass amounts of people (20%) were dying instead of what we have today (0.13%, and that’s assuming cause of death is being accurately reported). The government would be would be full blown tyrannical and people would be killing each other for food. If you seriously consider what the role and effectiveness of our government have become, you will soon realize your on your own.
Anybody who listens to Biden, Fauci or any of their other conspirators is an idiot.
ARTICLE: C-19 is easily and effectively treated EARLY-These Doctors have almost 100% success!
Over the counter prevention:
Elemental Zinc 25 mg once a day
Vitamin D 4000 iu once a day
Vitamin C 1000 mg once a day
Quercetin 500 mg once a day
If Quercetin is unavailable, then use Epigallocatechin-gallate (EGCG) 400mg once a day
If 100% success if treated early is NOT good enough for you, then you are an idiot. These idiots were testing you, sending you home to wait for results and THEN they were surprised that so many people died. Some of these morons are licensed doctors.
Bttt.
5.56mm
After ‘surviving’ the TB and Polio ‘problems’ of the 40s and 50s, in 1957 I was aboard a ship that set sail to ASIA in the middle of the ASIAN FLU PANDEMIC and I must say the public handled the ‘problem’ quite a bit differently then.
Here we are some 65 years later with a more WTF do we do now attitude than we had for the ‘pandemics’ and such since the mid 50s.
I will NEVER be convinced this whole lock down/lock up was no more than an anti PDJT movement.
If one were to list all the double talk
and the ‘masks don’t work to better wear two of them’
we will release prisoners from jail and insist you lock yourself up in your home
I used to be called ANTI SOCIAL because I preferred people keep at least an ‘arms length’ away from me or at least don’t ‘violate my personal space’...
According to the initial report lo so many months ago, I and people of my ilk are surely DEAD.
I can’t wear the mask and not so sure I would if I could but I definitely am ‘against’ those that SAY they wear it to get along.
I have never KNOWINGLY taken a government issued flu shot, and don’t intend to start now.
(I say knowingly as I am not quite sure what was injected into our bodies back in my Navy days)
Thank you for your service!
The dollar is WorthLess.
Now THIS is an apple/orange comparison that makes NO sense!
yup
I just had a small dent and a few scratches repaired on our new Jeep.
It cost me almost HALF of what my entire, first brand new car did in ‘64!
yup
I just had a small dent and a few scratches repaired on our new Jeep.
It cost me almost HALF of what my entire, first brand new car did in ‘64!
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