Biden's $6 Trillion Socialist Budget Just 25% Higher Than Trump's

[G.L.R.]

Biden's $6 Trillion Socialist Budget Will Cause Even More Inflation And Even More Shortages

May 27th, 2021

Instead of realizing the mistakes that he has made and  reversing course, Biden has decided that now is the time to push the  accelerator to the floor.  That means that a lot more inflation is on  the way, and I am encouraging all of my readers to do what they can to  get prepared for that... We are literally in the process of becoming Venezuela ...  In  Venezuela today, almost everyone is a millionaire, but just about  everyone is also living in poverty because the money is absolutely  worthless... President Trump's proposed budget for 2021 was $4.8 trillion.  That is an extremely high number, but Joe Biden's new budget for 2021 is actually 25 percent larger... According to Biden, his new tax increases will offset part of the new spending, but even his own projections show us running trillion dollar deficits long into the future... The budget would have the nation continue running estimated annual deficits of $1.3 trillion ...

Joe Biden has decided that this is the perfect time  for a spending spree. Inflation is one of the hallmarks of a socialist economy, and another thing that we commonly see in socialist systems are shortages. At this moment, we are witnessing the most severe shortages that the  U.S. has experienced in my entire lifetime. When there are way too many dollars chasing way too few goods and  services, it is inevitable that shortages will happen. And we are being  told to expect that some of the shortages will get even worse in the  months ahead.  In fact, CNN is telling us to expect very serious  gasoline shortages this summer... And that could be the least of the problems for the those taking to  the highways for summer vacations. The gas shortages experienced earlier  this month when a key pipeline shut down could once again be on the  horizon, according to experts. This time, the squeeze could be triggered by the lack of tank truck  drivers to deliver the fuel, and a repeat of panic buying by travelers  topping off their tanks. Joe Biden may think that he is going to bring the U.S. economy back  to life with all of the borrowing and spending that he is doing, but the  truth is that it is just going to make our long-term problems even  worse. Unfortunately, a lot of our long-term problems are rapidly becoming  short-term problems ...

Biden's $6 Trillion Socialist Budget Will Cause Even More Inflation And Even More Shortages | Jew World Order
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