The Swamp is BACK! Spend What You don’t Have: Janet Yellen says stimulus and expanded unemployment insurance will provide the ‘biggest bang for the buck’ – January 19, 2021,
So because she’s a woman chances are if the U.S economy tanks, the media machine will probably attempt to make Janet Yellen out to be a victim of some kind. Furthermore, because the Democrats are in power in the Senate, The House, and The Presidency and the Democrats are the preferred political party of the social and mainstream media establishments, all the mistakes the Biden Administration is about to make will be blamed on Trump and his supporters.
All that aside make no mistake about it, THE SWAMP IS BACK and if you know how to navigate your way through this, you should be okay unless of course, Joe Biden gets us into a world war in which case all bets are off.
Regulate, raise taxes, and Spend in a nutshell that will be the differentiating factor of Biden and the Trump administration. Trump spent more, but Trump cut regulations and lowered taxes, which was the root cause of why Trumps’ economy didn’t crash during his term.
Biden as openly stated that he’s going to reverse most if not all of what Trump did, what I don’t think Biden will do which I think is hilarious is that he probably won’t get rid of the tariffs, which is an indication to me that if Biden does what he says he will do “INFLATION WILL RUN RED HOT”.
The Real Tax Cheats Are The People On Welfare, Who Won’t Care About The Cost of Living Increases
Even Karl Marx himself didn’t imagine the Welfare State that exists in modern day America. Karl Marx wanted to make sure workers wages didn’t DEFLATE and consumer prices didn’t inflate, of course, Karl Marx was short-sighted but because he never imagined that via the Wage controls he was for that a GIANT WELFARE STATE would emerge in which expensive Unons would shrink and basically wipe out the small businesses and create a State of corporatism.
If you listen to the rhetoric of most Labor Unions, what they’ll say is if you can’t afford to pay their minimum wage, you don’t deserve to be in business. What this means is that Labour Unions are against freedom and demand that employees abide by Labour Union rhetoric, which ultimately makes labour unions a very powerful source in society that facilitates the Welfare State.
Now, the problem with the Welfare State is that people on Welfare DO NOT PAY TAXES or they take more from the Government than they send to the government. This ultimately leads to societal collapse, but because of the United States has the Federal Reserve which to date has been the most successful Central Bank in the world, inflation has yet to run-red-hot in the United States and most countries with a LOWER COST OF LIVING can still find a profit at the expense of the U.S Consumer.
Now, Donald Trump tempted to change this relationship and bring manufacturing and Energy jobs back to the United States with a favorable regulatory environment, Trump had also planned on erecting a Wall to keep wages for American workers competitive. Well, Joe Biden is reversing course in the name of Climate changing and ‘healing’ Joe Biden is going to ‘Build Back Better’?
Where I take issue with Joe Biden’s ideals is that America is DOMESTICALLY bankrupt and Bidens’ plans sound like something a rich country would do at the heights of the economy. Although Donald Trump talked up the Stock market, the Stock Market isn’t a reflection of what’s happening on Mainstreet. I’ve been saying for years now there’s going to be a cash flow problem, I’ve called this #LateStageSocialism because despite what many want to admit, we’re already socialist.
In the West, we’ve allowed market elements into socialism and for the benefits of the communists who, labeled America Capitalist, but we have a central banking system, artificially low-interest rates, minimum wages, social security, and BIG GOVERNMENT.
If people question why China is eating our lunch it’s because the Chinese Communist Party offers more economic freedoms than Western Nations offer, the problem with the Chinese Communist Party is of course when to implement Late Stage Capitalism the CCP has almost entirely captured the means of production and Joe Biden wants to Regulate, spend and tax the U.S economy even more.
The Socialists in America are silencing people who speak in ways that the political establishment doesn’t like and Tech Corporations are merging with Governments. Now, if you know anything about National Socialism, you’ll remember that the COMMUNIST Russians made easy work of them. Socialism is no competition for Marxism because at the very least Marxists believe they’re fighting for something moral!
The Swamp is back and they want to buy your friendship!
Interesting times ahead!