Bailout Biden.
I still have vague memories of the pension bailouts of GM and other automakers years ago. The union members’ pension plans were bailed out but the pension plans of the non-union employees were not!
The “new normal” for Fed.gov is $1-$2 trillion deficits per year. 2022 deficit will be $1.4 Trillion.
Its NOT going down. Just wait for the next economic crisis - deficits afterwards will easily be $4-$5 trillion.
All that money will buy political control, which will be needed because our currency is being devalued to zero.
when do we get something other than the bill?
Two ongoing sayings about leftists:
They always throw money at a problem
and
They never met a tax increase they didn’t like.
Then....
The trouble with Socialism is that eventually you run out of other people’s money.—attributed to Margaret Thatcher.
and
Alexander Fraser Tytler wrote:
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world’s greatest civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to apathy; From apathy to dependence; From dependence back into bondage.”
Is this a gift to try to lessen the blow of the overruling of the railroad union the other day?
You do realize that he is giving away our money?
Well, money borrowed FRom his buddies in China!
Our children and grandchildren will be paying for this misguided largess long after the miserable LIEberal sonofabich assumes room temperature!
Is what he is doing lawful or constitutional?
Does anyone care?
This is unsustainable. One day soon the US economy will collapse under the weight of debt. It will be a global financial catastrophe.
This would make Putin blush.
It’s absolutely tyrannical.
Democrats reward their supporters. Republicans ignore their base. Prove me wrong.
Read the fine print ... 10% for the Big Guy.
The Obama Stimulus must be all gone
#FJB
Since when ?
I thought the HOUSE had control of spending.
Jimmy Hoffa comes to mind. Payoff with gov’t funds. Another illegal corrupt action. What you get in a dictatorship.