Tuesday, September 28, 2021

$3.5 Trillion: Biden Going for Broke

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The New York Times says President Biden is going for broke-- "A plan for the economy, education, immigration, climate and more."

The Times says, "Biden's entire presidential agenda rests" on this bill. Congressional consideration of the bill has begun.

His "Build Back Better" plan is so bloated, even his friends worry that it may self-destruct under its own weight. Many people are praying it does.

To top it off, President Biden---with a straight face---is telling America that his $3.5 trillion deal will "cost taxpayers zero dollars."

What would Jesus think of this bill?

Be informed, not misled.

Joe is going for broke.

On September 25 President Biden tweeted this, about his $3.5 trillion bill: "My Build Back Better Agenda costs zero dollars. Instead of wasting money on tax breaks, loopholes and tax evasion for big corporations and the wealthy, we can make a once-in-a-generation investment in working America. And it adds zero dollars to the national debt."

The New York Times says, "No president has ever packed as much of his agenda, domestic and foreign, into a single piece of legislation as President Biden has with the $3.5 trillion spending plan that Democrats are trying to wrangle through Congress over the next six weeks."

The bill is overwhelming in size, dollars, and scope.

However, the Texas Public Policy Foundation has published a study ---with a one-page overview that is helpful. Check it out.

ABC News said yesterday, "Even if the package is approved over GOP opposition, some of the marquee education proposals would face a big hurdle: getting buy-in from states."

He is also going to have a problem with the public in general. Yesterday Rasmussen published a survey that shows only 36% of likely US voters approve of his $3.5 trillion plan---53% oppose it, with 41% who "strongly" oppose it. About 10% don't know what they think. 

A quick look at the impact on family finances.

Let's take a look at what the president and his socialist warriors are trying to do regarding family and education.

From the Texas Public Policy Foundation:

  • National debt increase is an extra $35,439 in debt on each American household.
  • Jeopardizes family farms and businesses when the original owner dies.
  • Marriage penalty on small business owners as high as $130,200 annually.
  • Median family's income drops by $12,000.
  • Removing cap on SALT deduction: Middle-class family receives just $15, while wealthy Democrat donors in blue states receive $150,000.

Biden's Build Back Better plan will create a "nanny state education."

In all, Biden's plan will spend about $761 billion on education and workforce programs, with $450 billion earmarked for federal universal preschool and child care.

That spending will go toward government-sponsored universal preschool for 3 and 4 year-old-kids.

However, even people at whom this "help" is directed, essentially don't want it. Half of the women who are employed and have children under 18 would prefer to stay at home when their children are young.

The Build Back Better plan will spend $35 billion to expand free meals to all kids. It will provide $111 billion for two years of "free" community college, even though it is widely known in education that community colleges have significant quality issues in their education.

A degree-seeking student who enrolls in a community college has just a 40% chance of earning a credential within 6 years.

There is a substantial amount earmarked for creating new federal programs at the Labor Department to train people for jobs in climate change.

The amount of money Biden wants to spend is staggering. And untenable. And what it signifies is unacceptable---government growth so large that it even would attempt to provide childcare, build schools, provide meals to non-poor students, and subsidize the most underperforming sector in higher education---community colleges.

This is not "building back better," it's an attack on freedom and capitalism. It's dumb business.  An attempt to push our country over the edge into the quagmire of some form of European socialism. It is building a bureaucracy that will control us all.

A review of what it is that President Biden---and those who are pulling his strings just off stage, are trying to do reminds me of comments Vladimir Lenin made as he fathered socialism, led the Bolshevik Revolution of 1917, then founded the Russian Communist Party: 

  • "Democracy is indispensable to socialism."
  • "Give me four years to teach the children and the seed I have sown will never be uprooted. "
  • "Give me your 4 year-olds, and in a generation, I will build a socialist state."

Jesus was not a socialist.

Some of this is taken from an article written by a friend, Bryan Fischer, with AFA. 

Despite what Sojourners' Jim Wallace and other social justice warriors are telling the church, Jesus was not a socialist. Nor was He a Marxist as some blind college professors claim.

One of His most often quoted and best-known parables is the story of the talents (Matthew 25: 14-30).

A "talent" represented about 20 years of wages for the average laborer---or about $600,000. The first employee in the story was given $3 million to invest.

Jesus says the wealthy man called his servants together and "entrusted to them his property." In other words, he owned the means of production---it did not belong to the village or the government. The capital used in the economic exchange was totally and entirely in private hands. He, not a government bureaucrat, decided who would be "entrusted" with his wealth.

Further, the businessman distributed the talents "to each according to his ability"---not his need, rejecting the most fundamental tenet of socialism and the "equity" movement.

The business model in Biden's and Bernie's and AOC's and the other public servants who are socialists (thriving in a capitalist country) is one that is based on Marxist socialism: "from each according to his ability."

Jesus' teaching turned that idea on its head: "each according to his ability."

The whole story in Matthew 25 is based on merit, not need. Or "equity."

In His story, Jesus has no hint of an "equal outcome."

Clearly, America's Founding Fathers were well versed in Scripture when they wrote that one of  our unalienable rights is the "pursuit of happiness."

In Jesus' story, laziness is punished rather than rewarded, and resources are not involuntarily transferred from the producers to the non-producers but the other way around.

Jesus taught capitalism.

President Biden and his handlers are trying to take our country to a place most of us don't want to go---to an inferior form of government. 


Biden's staggering bill, now before the House, could take us there.

Please pray for our country---much hangs in the balance.

Be Informed. Be Discerning. Be Vigilant. Be Engaged.  Be Prayerful.