Joe Biden’s Economic Policies Benefit The Rich: Workers would pay Biden’s higher taxes – March 17, 2021,
Can we have an honest discussion here, and an honest discussion about Hunter Biden, Joe Biden, and the executive orders signed by Joe Biden that not only benefit China but also benefit the rich elites, some of whom are in Joe Bidens administration.
So it’s not even to say Joe Biden is getting asked tough questions, but he’s dodging questions and because of the favorable press he’s getting, he’s allowed to get away with it. The problem emerging with Joe Biden however are his economic policies, which are not only benefiting the rich people that helped him get elected, they’re also benefiting the Chinese Communist Party at the expense of working-class Americans.
The $1.9 trillion American Rescue Plan Act (ARPA) is actually going to be paid by America’s working middle class and the Erich will be completely off the hook for it. Furthermore because of low-interest rate policies, which the Federal Reserve has almost guaranteed going forward, even if the rich pay some of the taxes(which they’re not forced to, based on ARPA) they’ll get favorable interest rates to borrow money to cover any losses they have.
Now, to understand the dynamic of borrowing money, from a large corporate perspective, is to comprehend, that borrowing money allows a rich person to purchase a cash-flowing asset r an asset that will benefit from Joe Bidens policies.
So in almost every segment of the ARPA bill, the people left paying the tab will be the WORKING poor and middle class, who don’t benefit at all from near-zero interest rates, because it’s not like they can go to any retail bank and get a hundred million dollar bottom rates.
Furthermore and this is the kicker, even though Joe Biden is helping the rich, the rich won’t be forced to provide any jobs, as everyone knows, most of the government jobs are actually balloon government contracts sold to private contractors, even if as an example a green new deal were implemented, the government wouldn’t be building anything, the only they’d be doing is paying an inflated price for an external private entity to build the green new deal and as Bernie Sanders has championed, he wants these green new deal jobs to be done by union jobs, like it or not a labor union is a special interest group.
Now, I’m sure eventually people will begin doing the research and see how a few portions of ARPA, almost directly benefit Hunter Biden. It’s almost criminal what Joe Biden is doing, but he gets favorable press, so he’s most likely going to get away with it!
I’m beginning to think Joe Biden is playing dumb, because if any reporter actually reads into ARPA they’re going to see a conflict of interest
Interesting times ahead!