Posted on Mar 30, 2023
LARRY KUDLOW: This is the most important fiscal negotiation
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Posted >1 y ago
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I'd be moved if not for the fact that for over half of that 13 years the GOP controlled the spending.
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LTC (Join to see)
Yes Newt Gingrich and President Biden did get compromises over a decade ago. But spending wouldn't have been so bad had it not been for covid-19. I know it's doubled but President Biden has added 6 trillion dollars since he took office and he wants to add 5 trillion more in spending and he wants to regulate more, tax more and what he proposes still gives China an advantage because they can do things cheaper. President Biden doesn't give us or doesn't get businesses even half a chance to make money so they can generate more tax revenue, instead, he punishes success and tells companies to pay their fair share when the top 5% of income earners pay over 50% of the tax but we are not talking about people who have a sense of reality nor economics 101 that's why you have Larry Summers on the Democrat side and other economists worked for democratic presidents calling BS on President Biden and his budget. Republicans are partly guilty because I did get along with a couple of these bills that were atrocious. That's why I have said that it's a mutual issue but now that we have the house and control, the public affairs officer in the White House and President Biden will keep lying but the budget Accounting Office will show that they are full of cow dung!
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LTC (Join to see)
I agree, Senator Joe manchin thought it was going to get a pipeline deal if he went along with the left of Vladimir Lenin Democrats and he got screwed over. He was Voting with the Republicans to keep spending at Bay but he tried to compromise and they screwed him over and today he's raising holy hell on President Biden. I only have one slide to show you but this is on the covid relief bill that was 9% toward covid and 91% to pay back Democrat donors and get money to universities that charge 10 times the inflation rate. President Biden then gave more money to donors by illegally trying to have the US government subsidize some of these outstanding student loans that go multi for people who are going for Masters and Doctorate Degrees and who will be able to pay for it. Also, the inflation reduction act which is orwellian definition. Has 360 billion dollars going to help climate change mitigation by buying Hardware made in China with coal fired power plants making the hardware or gliding countries to switch to Green energy and now the government Accounting Office is saying the 360 billion is going to be more like 1.2 trillion. So the Democrats are lying to us. Yes, Republicans went along but now they're getting screwed because President Biden will not compromise even though he was compromising his vice president a decade ago.
https://nypost.com/2023/03/20/joe-manchin-blasts-bidens-absolutely-infuriating-agenda-after-esg-veto/
Lt Col John (Jack) Christensen
https://nypost.com/2023/03/20/joe-manchin-blasts-bidens-absolutely-infuriating-agenda-after-esg-veto/
Lt Col John (Jack) Christensen
Joe Manchin blasts Biden’s ‘absolutely infuriating’ ESG veto
Accusing him of putting “radical policy” ahead of the country’s “economic, energy and national security needs,” Sen. Joe Manchin on Monday ripped President Biden’s vet…
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LTC (Join to see)
Voice text error, the 360 billion of the inflation reduction act also has money to bribe other countries to switch over to Green energy. I think the US is bribing Indonesia to get away from coal.
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Actually I think the most important thing financially is the China-Brazil deal where they agreed to use the Yuan to purchase each other's good instead of the US dollar. This just may cause the collapse of the dollar and we'll become no better than Venezuela economically.
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