Okay, now it’s getting serious. No more fooling around with this capitalism business. Nope, old Joe Biden has gone full socialist. Viva Fidel! Viva Venezuela! Che, we miss you!
The President has proposed five trillion dollars in new spending. The US Treasury currently owes about $27 trillion. That means America has no disposable funds. So, since Albania and Sri Lanka are not going to give us any money, Joe has to get the cash from US citizens and businesses. There is no other way. Joe may know all this but then again, he may not. Depends on what day it is.
But his “people” certainly understand the $5 trillion spending play and they love it. All except Ocasio-Cortez. She wants at least $10 trillion in new government spending. She also wants to seize private property to fund the big government expansion. This is what socialism is.
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