Stephen Moore: Biden’s $1.9 trillion ‘rescue plan’ could destroy 4 million jobs — here’s a better id

[mystery-ak]

Stephen Moore: Biden’s $1.9 trillion ‘rescue plan’ could destroy 4 million jobs — here’s a better idea

Biden’s proposals will likely speed America further along the track to bankruptcy, higher interest rates, higher inflation and much higher taxes

By Stephen Moore | Fox News

Can Uncle Sam tax, spend, borrow and print money to return America to prosperity? President-elect Joe Biden’s "American Rescue Plan," announced Thursday night, makes a $1.9 trillion bet that we can.

The Biden plan is almost a replay — except with more than twice the price tag — of the strategy that President Barack Obama and then-Vice President Biden employed in 2009 with their $900 billion "stimulus" bill. Even by Obama’s own numbers, that bill led to hundreds of thousands of fewer jobs than if we had done nothing.

So now here we go again with a second kick of the mule. Actually, it is the third, fourth or fifth kick. Trump and Congress have already approved nearly $3 trillion on pandemic spending. The Biden proposal would bring the total spending for the pandemic to about $5 trillion.

What Biden has presented isn’t a COVID-19 relief bill. It is a Sen. Bernie Sanders-type wish list of everything conceivable that the left has wanted to spend money on for years, and even decades. It certainly isn’t a "stimulus" bill.

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https://www.foxnews.com/opinion/biden-rescue-plan-stephen-moore

[jafo2010]

If ever we elected the DEFLATION PRESIDENT, it is Traitor Joe.  I see years of deflation with this buzzard, and that spells economic collapse for the American people.  Huge destruction is what this fool will be about.  Starvation will become part of the social construct.  Seriously, nothing good with this fool that I see.

And just wait to see how many minorities end up unemployed.  He will advance that dramatically!