https://www.nysun.com/national/bidens-baking-an-orwellian-upside-down-cake/91557/
It’s bad enough that President Biden and the Democratic congressional leaders essentially double-crossed the GOP bipartisan infrastructure package including the democrats who participated, And it’s really bad that Speaker Pelosi & Co. are holding the infrastructure package hostage, to a tsunami of tax hikes and massive entitlement increases all of which will do great damage to the economy.
Now, though, President Biden is now comparing his multi-trillion dollar boatload of new entitlements to tax cuts. It’s an Orwellian upside-down-cake. Here’s what the President said:
“I think it’s time to give ordinary people a tax break … Why is this not a tax break for working folks when the stuff we give to the super wealthy are called tax breaks? Look, major action on clean energy, housing, caregiving, on child and paid leave, universal pre-k, free community college. The human infrastructure is intertwined with our physical infrastructure.”
Huh? They’re not tax cuts. They’re spending. Permanent spending. Remember what the great Nobel laureate economist Milton Friedman said. “Keep your eye on one thing and one thing only: how much government is spending, because that’s the true tax …”
And Mr. Biden wants government cash payments without any work qualifications or other employment incentives. They are middle class entitlements.
If you have a moment take a look at today’s Wall Street Journal editorial: “It’s the Entitlements, Stupid.” Then if you have a moment more, read the op-ed piece from my old friend and Reagan budget office colleague John Cogan entitled “Biden’s plan for an entitlement society.”