Trick Spending Bills Are Voodoo Economics

The annual “trick-or-treat” ritual is over. Not so the “tricks” perpetuated by congressional Democrats about their tax-and-spend ritual, and their phony numbers.

Take the House Democratic Leadership, or rather their staffs’ latest spending measure. The 2,400-page long book, is more than I’ve ever read. Most members will not have even read a portion of it. It, combined with the coming social spending bill, is a Democrat wish list that addresses problems that don’t exist (climate change), the supposed inability of parents to care for their own children (“free” daycare), and creation of new entitlements that will addict voters to their party in perpetuity, which seems their goal.

It is not understood by most English speakers. The poll was probably conducted along with false promises that it would be free. Don’t forget pennies for Heaven. These are dollars borrowed from Washington and printed there.

You’ve heard of the kitchen sink. You’ve also heard of the bathtub and bathroom sink. It will be law if it is. This means that the nation will fall deeper into debt, which makes recovery difficult. A massive increase in social spending is just the beginning.

Treasury Secretary Janet Yellin said on CNN that the administration’s proposed tax hike on billionaires is “…not a wealth tax, but a tax on unrealized capital gains of exceptionally wealthy individuals.” Word games.

Christian Mysliwiec is the commentary editor The Daily SignalThe conservative Heritage Foundation published an analysis on the $1.75 Trillion bill in a publication called. Three of his lowest points are:

“Childcare and Pre-K: Actual 10-year cost is likely more than twice the reported cost of $400 billion.

“Obamacare Tax Credit: Actual 10-year cost is likely much more than three times the reported cost of $130 billion.

“Child and Earned Income Tax Credits: Actual 10-year cost is likely more than 10 times the reported cost of $200 billion.

“In total, these programs would likely cost well over $2.3 trillion above the estimate in this framework over 10 years. This excess would be more than $18,700 of new spending per American household.”

This is, to recall a phrase, “voodoo economics.”

There would be a sociological cost to the service, in addition to the financial. The children will not be taught the values and support of parents, but they will learn them from daycare workers. This measure will discourage workers, just as it did during the pandemic when checks were sent to those who had been unwilling to go back to work.

Mysliwiec also notes the bill will “subsidize single parenthood, including among teens, thereby weakening the probability that children will be raised by a married mother and father … fewer children will experience social success and upward mobility, and low-income Americans will be left behind.”

This advances the liberal (aka progressive) “soft bigotry of low expectations,” because it tells especially minorities they have little to no chance of succeeding without federal help. For decades, we have been hearing this. This is something we have heard for decades. Trillions have been wasted on programs that did not fulfill the promises made by their creators. How about all the people who are successful on their own and made good decisions? Forget them, because they don’t help the Democrats’ narrative.

Although I don’t consider myself a pessimist or a skeptic, if spending bills are passed, as is currently the case with some Democrats, this will accelerate our decline. Massive debt is one contributing factor to the collapse of countries that have spent profligately.

Our enemies, which now include domestic enemies, as well as foreign, are eager to reach their goal of “fundamentally transforming America.”

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