$3.5 Trillion Democrat Fantasies
State power at all costs — trillions, if need be.
by Melissa Mackenzie
September 28, 2021, 10:02 PM
No normal human can comprehend one trillion dollars, never mind three trillion dollars. It’s difficult enough to comprehend a billion dollars. According to Joe Biden, 3.5 trillion dollars is no big whup. It will cost nothing. Zero.
The tax increases in the bill? That won’t make companies increase costs to consumers, no sirree. Just ask Jen Psaki:
Jen Psaki: It’s “unfair and absurd” that companies would increase costs for consumers in response to us taxing them more. 😳 pic.twitter.com/rHilrYdj4j
— Jason Rantz on KTTH Radio (@jasonrantz) September 28, 2021
I almost cannot believe the insanity of what she’s saying. Then again, I can believe it. From Biden on down, Biden administration officials are academics and communists (but I repeat myself) and do not understand how human nature or business works. It’s beyond their ken.
Obviously, businesses who must turn a profit will increase prices to compensate for increased costs. They have to in order to pay their employees and other costs of doing business. Why be in business if they don’t make money? America is in the grip of inflation already. The global supply chain is choking various places (but mostly China) and so the costs of goods are increasing. What will happen when these businesses are taxed more? Their prices will go up. What will that produce? More inflation.
When another huge influx of fiat money floods the economic system, further devaluing the dollar, there will be even more inflation.
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https://spectator.org/3-5-trillion-democrat-fantasies/