Posted on 04/01/2021 2:49:11 PM PDT by RoosterRedux
The White House is pushing an infrastructure bill that could reshape the discussion around capitalism as it seems to reestablish the federal government as a primary driver of how the economy should grow and function.
In addition to traditional infrastructure projects, Biden’s $2.25 trillion American Jobs Plan would make government investments in broadband, electric vehicles, climate change, elderly care, child benefits, housing and developing future technologies.
It would redefine classic infrastructure projects to include investments in workers and families paid for by tax hikes on corporations.
The ambitious proposal effectively transforms the relationship between the government and the private sector, making radical changes to key sectors of the economy that could be felt for years down the road.
It places a big bet on the ability of the federal government to drive sustained economic growth at a time when confidence in institutions is low.
And it will almost assuredly open Biden up to attacks from Republicans that he’s undermining traditional American capitalism and implementing a socialist agenda — after a heated election where cries of “socialism” were central to former President Trump’s campaign.
“Every corner of the country is going to be touched by this in some way,” said Mark Zandi, chief economist at Moody’s Analytics.
“It takes a whole different perspective on government,” Zandi added. “Ever since Ronald Reagan it’s been about government dysfunction, we need smaller government, less government. ... This is the complete opposite. It’s saying government and only government can solve the problems we have because they’re so large and beyond any one of us. Infrastructure is a collective problem.”
(Excerpt) Read more at thehill.com ...
When Democrats arrest Trump and his supporters (yes folks like us), you know it. We will see fireworks. A year ago, I would have thought that it would be far fetched. Now? No.
Fascism by another name ... obamaism-bidendropit
Government can’t earn money...just spend the peoples’ money.
Fascism. The overlords are the tech gods and finance.
Both parties will love this. Bigger government control increases the opportunities for corruption.
A year ago, I would have thought that it would be far fetched. Now? No.
************
They won’t hesitate to tighten the screws on those who love freedom.
The ruling elites only care about expanding their power over us. They are the lords, we are the serfs.
“We the people” no longer applies.
Installing Fascism not communism, communism the government owns all property, Fascism people and companies own the property but the government control the property.
Re-Education Camps cannot be far away, and of course the Covid-19 aka China Virus, Death Camps for those who fail to be re-educated.
This tells me that these DC critters, living inside the membrane of Big Government, have mutated into the toxic cancer of civilization. We need a mRNA vaccine to rid us of them, immediately!
If these fools knew anything at all about wealth, they would know that governments destroy wealth, they don't create it. That, along with human nature, is why Socialism ALWAYS fails.
Ronald Reagan called Fascism “government control of private property”. Looks like that’s what we have. Antifa failed! /s
Yes but so many people are unable to see what it happening right in front of their eyes. You have to wonder why roughly half the population is completely clueless.
The states have taken a long time to figure that out.
BTTT!
out of control government is out of control.
Won’t work.
Command and Control worked so well for the soviets,, you know.
This is Biden’s first 5 Year Plan.
Communism or Corporatism? The government is partnering with corporations...that is corporatism. One step below fascism.
Government won’t own the means of production, they will just dictate how they operate.
Hitler did the same...it was called “right wing”, because it was right of communism, because they still allowed private ownership.
But it was still far left of center on the political scale.
China embraced capitalism. America embraced insanity.
If these jerks succeed in doing this, the US will no longer be the US. Third world s-hole, here we come.
Actually, businesses may seem privately owned, but they are still controlled more and more by the CCP.
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