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Podcast #31 Build Back Broker, Biden Runs and Blumenthal
DISCLAIMER: This broadcast is intended for
educational purposes only and does not constitute investment advice or an offer
to buy or sell any security or insurance product. All information provided here
is for educational purposes only and does
not constitute investment, legal or tax advice, an offer to buy or
sell any security or insurance product; or an endorsement of any third party or
such third party's views. All examples are hypothetical and for illustrative
purposes only. Please contact us for an assessment of your personal
financial circumstances and to obtain personal investment advice.
Build Back Broker:
· The Penn Wharton Budget Model has scored the 10-year cost of the
Build Back Broker package of salami slices of socialism at $4.6 trillion, but
the White House keeps claiming that the cost is “zero.” When I tell you
folks that socialists can’t do simple math…ya think I am kidding?
· $4.6 tyn has a dollar sign, a 4, a 6, 11 zeroes and denoted
correctly it also has 4 commas. That’s $4,600,000,000,000. And
somehow, according to Joe Biden and all of his drooling idiot minions in his
White House tell you that $4,600,000,000,000 is actually just zero. It’s
free.
· I guess if you went to Harvard that somehow $4,600,000,000,000 is
actually zero. How would you like these clowns to be designing bridges,
airplanes and skyscrapers…if they actually believe in their cold little hearts
that 4,600,000,000,000 is equal to zero?
Of course, some democrats in congress claim that 4.6 tyn is
actually just 1.75 tyn. Not too bright. In reality, they hope that
YOU aren’t too bright. So, let’s disassemble this pack of lies they are
foisting on you. Remember folks, you can only believe what a socialist
says when he or she is threatening to revoke your rights. Whenever they
give you estimates on what their socialist agenda is going to cost… those
estimates are ALWAYS lies. ALWAYS! Again, believe a socialist when
he/she threatens you…and that’s it.
· Take the child allowance, which Democrats say will cost only $185
billion because it ends after one year. No one believes they won’t extend it
next year, and the year after that, ad infinitum. CBO says the real cost over
10 years is $1.6 trillion. So the dimms are lying by more than 8-fold..or
860%.
· They peg their earned-income tax credit expansion at a cost
of $13 billion because it too ends after one year. CBO says the real cost is
$135 billion over 10 years. That’s just a 10-fold lie.
· An honest accounting of those two programs alone consumes $1.732
trillion, or nearly all of the $1.75 trillion that Sen. Joe Manchin has said is
the most total new spending he’ll support over 10 years. But there’s so
much more.
· Democrats phase out the child-care and pre-K entitlements after
2027 with a total cost of $381 billion. CBO says the real cost over 10 years is
$752 billion if made permanent. And how could it be “transformative” (to
use Lyin’ Joe Biden’s word) if it’s not...
Podcast #31 Build Back Broker, Biden Runs and Blumenthal
DISCLAIMER: This broadcast is intended for
educational purposes only and does not constitute investment advice or an offer
to buy or sell any security or insurance product. All information provided here
is for educational purposes only and does
not constitute investment, legal or tax advice, an offer to buy or
sell any security or insurance product; or an endorsement of any third party or
such third party's views. All examples are hypothetical and for illustrative
purposes only. Please contact us for an assessment of your personal
financial circumstances and to obtain personal investment advice.
Build Back Broker:
· The Penn Wharton Budget Model has scored the 10-year cost of the
Build Back Broker package of salami slices of socialism at $4.6 trillion, but
the White House keeps claiming that the cost is “zero.” When I tell you
folks that socialists can’t do simple math…ya think I am kidding?
· $4.6 tyn has a dollar sign, a 4, a 6, 11 zeroes and denoted
correctly it also has 4 commas. That’s $4,600,000,000,000. And
somehow, according to Joe Biden and all of his drooling idiot minions in his
White House tell you that $4,600,000,000,000 is actually just zero. It’s
free.
· I guess if you went to Harvard that somehow $4,600,000,000,000 is
actually zero. How would you like these clowns to be designing bridges,
airplanes and skyscrapers…if they actually believe in their cold little hearts
that 4,600,000,000,000 is equal to zero?
Of course, some democrats in congress claim that 4.6 tyn is
actually just 1.75 tyn. Not too bright. In reality, they hope that
YOU aren’t too bright. So, let’s disassemble this pack of lies they are
foisting on you. Remember folks, you can only believe what a socialist
says when he or she is threatening to revoke your rights. Whenever they
give you estimates on what their socialist agenda is going to cost… those
estimates are ALWAYS lies. ALWAYS! Again, believe a socialist when
he/she threatens you…and that’s it.
· Take the child allowance, which Democrats say will cost only $185
billion because it ends after one year. No one believes they won’t extend it
next year, and the year after that, ad infinitum. CBO says the real cost over
10 years is $1.6 trillion. So the dimms are lying by more than 8-fold..or
860%.
· They peg their earned-income tax credit expansion at a cost
of $13 billion because it too ends after one year. CBO says the real cost is
$135 billion over 10 years. That’s just a 10-fold lie.
· An honest accounting of those two programs alone consumes $1.732
trillion, or nearly all of the $1.75 trillion that Sen. Joe Manchin has said is
the most total new spending he’ll support over 10 years. But there’s so
much more.
· Democrats phase out the child-care and pre-K entitlements after
2027 with a total cost of $381 billion. CBO says the real cost over 10 years is
$752 billion if made permanent. And how could it be “transformative” (to
use Lyin’ Joe Biden’s word) if it’s not...