Tag Archives: Biden stimulus plan

Democrat states that have been fiscally irresponsible and are driving their entrepreneurs and business people out are being rewarded in the new stimulus package. No surprise there. From Lew Uhler, Peter Ferrara and Joseph Yocca at issuesinsights.com:

The latest $1.9 trillion omnibus spending bill pending in Congress is in addition to last year’s $3.4 trillion COVID-related health and economic stimulus spending bills. Estimates of this new massive bailout put the actual appropriation of taxpayer funding related to health costs at a meaningless nine percent of the total new bloat

What will we get for the $1.9 trillion in new deficit spending?  This is all nothing more than a crafty direct federal taxpayer subvention to blue states and large urban corridors that otherwise could never justify any other state’s taxpayer bailout for their years of irresponsible, profligate government waste.

Take for example California, whose commanding government employee unions control every facet of that state’s budget allocations and whose public pension plans, the most generous in the nation, now demand extraordinary funding at all levels of government.  This political turkey has now come home to roost.

But California, like New York and Illinois, have another big problem.  Their state’s productive classes — you know, the people who actually create the wealth and economic vitality that permit such largess — are now leaving those states in droves rendering enormous potential tax deficits in their wake.  What to do?

Call in the cavalry — or in this case, “F-Troop”.  Dr. Fauci, the goofy corporal of functional health bureaucrats, has dutifully continued his Lockdown Fears Tour sufficient to permit his enablers in Washington D.C. to craft a wildly off-the-reservation so-called stimulus spending proposal designed to transfer the wealth of responsible working states to cover the big government malfeasance of the irresponsible ones.

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