Posted on 04/02/2021 5:57:20 AM PDT by Kaslin
If Joe Biden's American Jobs Program, outlined in Pittsburgh, is enacted, then the federal government will take a great leap forward toward irreversible control of the destiny of the Republic.
To finance this leap, to subsidize this giant stride toward socialism, U.S. corporations are to be forced to turn over to the government a far larger slice of their earnings. The corporate tax rate is to be raised from 21 to 28 percent. And that is only the first of the new or added taxes to come -- on incomes, capital gains and estates.
The bait to lure Republicans into embracing this $2.3 trillion in Great Society II and Green New Deal spending is the modest fraction to be allocated to infrastructure -- airports, bridges, roads, ports, public transit.
Most of the rest is to be used to grow social programs and launch new ones. Biden plans to lead the nation into a new "forever war," an endless war on climate change. Meanwhile, the Chinese pump ever more carbon into the atmosphere, as Americans sacrifice to take it out.
Make no mistake. "Sleepy Joe" is determined to emulate, not Bill Clinton or Barack Obama, but FDR and LBJ, and to be remembered as a president who raised federal power to new heights.
The significance of what Biden has already done, with his $1.9 trillion American Rescue Plan, cannot be denied.
Even before the COVID-19 pandemic hit with hurricane force in March 2020, the U.S. was looking at yearly trillion-dollar deficits. Then, in that final year of the Trump presidency, came a massive surge in federal spending of some $4 trillion.
If Joe Biden's American Jobs Program, outlined in Pittsburgh, is enacted, then the federal government will take a great leap forward toward irreversible control of the destiny of the Republic.
To finance this leap, to subsidize this giant stride toward socialism, U.S. corporations are to be forced to turn over to the government a far larger slice of their earnings. The corporate tax rate is to be raised from 21 to 28 percent. And that is only the first of the new or added taxes to come -- on incomes, capital gains and estates.
The bait to lure Republicans into embracing this $2.3 trillion in Great Society II and Green New Deal spending is the modest fraction to be allocated to infrastructure -- airports, bridges, roads, ports, public transit.
Most of the rest is to be used to grow social programs and launch new ones. Biden plans to lead the nation into a new "forever war," an endless war on climate change. Meanwhile, the Chinese pump ever more carbon into the atmosphere, as Americans sacrifice to take it out.
Make no mistake. "Sleepy Joe" is determined to emulate, not Bill Clinton or Barack Obama, but FDR and LBJ, and to be remembered as a president who raised federal power to new heights.
The significance of what Biden has already done, with his $1.9 trillion American Rescue Plan, cannot be denied.
Even before the COVID-19 pandemic hit with hurricane force in March 2020, the U.S. was looking at yearly trillion-dollar deficits. Then, in that final year of the Trump presidency, came a massive surge in federal spending of some $4 trillion.
But when the Depression and war ended, Eisenhower Republicans made no effort to repeal FDR's New Deal. And when Barry Goldwater was nominated in 1964 and went down to crushing defeat, LBJ, who cut his teeth in the New Deal, used his massive majorities on the Hill to launch his Great Society, programming new spending far into the future.
When Ronald Reagan came to power on a promise to restrain the federal government, he enlisted the private sector, with his tax cuts, to be the locomotive of progress. But even Reagan failed, by his own admission, to restrain the deficits.
The financial crisis of 2008 and 2009 brought us our first trillion-dollar deficit. And while Trump unleashed the private sector with his tax cuts -- unemployment was at record lows across the board on March 1, 2020 -- the pandemic and the economic crisis it engendered brought about a bipartisan clamor for government to resolve the crises.
So, where are we?
There appears to be no historical evidence that once a Western democracy expands central power and control of the nation's resources that it ever willingly gives up those gains.
Yesterday's gone. Yet, Biden's remaking of America must be resisted. As was said at Waterloo, "The Guard dies but does not surrender!"
This piece was phoned .
The GOP should be screaming this every minute .
The GOPE is dead horse .
Almost like organized crime.
Many companies will go elsewhere and take their jobs with them.
No more Coke for me nor fly Delta
The time has come to get really rude with these Democrat/Socialist/Globalists.
It’s not Joe Biden doing this. No more than it was Aunt Jemima making the pancake mix.
To whoever is doing this...we don’t want it, can’t afford it, & resent anyone trying to force this on U.S. citizens. Take this phoney baloney & get out of here!
In less than 100 days, Joe’s pissed away over 50,000 jobs. He seems bound and determined to manifest Obama’s statement: “America’s best days are behind her.” Joe: Take yours and Hunter’s ill-gotten funds and disappear while you still have some semblance of where you are and what you’re doing.
There. Fixed it.
Memo to Joe: Take yours, Hunter’s and the Biden Crime Family's ill-gotten global gains and get out of our sight.......
It’s just a return to the Bush Plan for North Mexico (aka USA) that has been bipartisan policy for 30 years with a brief 4 year interruption.
As a life long accounting person, the first thing I would advise a company would be to CUT PAYROLL.
Calculate how much more money a 7% increase on Federal Income taxes would be based upon 2019 company records-—2020 is too screwed up-—and remove enough employees to pay those extra taxes Biden wants.
Invest in robot manufacturing companies. Do it now!
Elsewhere ...
The company I work for would do so in a heartbeat. They’ve already sent several enterprises to Mexico.
Obama spend 8 years doing everything he could to harm every aspect of this Country.
Now he is in charge again, but he gets to be kept hidden away while using biden as his proxy.
We are going to have a very rough ride for the near term and if HR-1 becomes law, we will have a rough ride for generations.
Amen.
Biden & Co. = China 1948
It is reminiscent of the Chinese demographic flooding of Tibet which has been described as a facet of cultural genocide.
China is carrying out systematic annihilation of the cultural heritage of Tibet with the destruction of Tibetan Buddhism and religious traditions, education system, social breakdowns, lawlessness, communal disharmony, uncontrolled greed and a high growth in sex trade and alcoholism, according to a report.
The influx of Chinese migrant workers, facilitated by the new railway line and an administration in favour of the migrants, are reducing the Tibetans to an increasingly disenfranchised minority in their own land,” he said.
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