The radical Biden agenda: Blatantly socialist, Fascist, race-baiting and expensive
Regarding the economy: Biden is sold out to the false premises that only governments can create transformative investments, create jobs, cause the economy to flourish
Despite everyone in attendance being vaccinated, they all wore masks while Biden outlined one of the most radically Fascist social agendas any U.S. president has dared give the light of day. (Photo: (Chip Somodevilla/Media Pool via AP)
On the eve of his 100th day in office, Joe Biden finally delivered a message on his legislative agenda to a Joint Session of Congress — sort of — Wednesday night. He delivered what was billed as a State of the Union message to less than 200 people in the House chamber.
There were no surprises as Biden outlined a radical, expensive Fascist Left set of programs that will be financially back-breaking to the American middle class, proposing spending over $6 trillion on social programs, law enforcement reform and healthcare over the next year.
Before the speech even began, the strangeness of the situation was evident. Biden's walk to the front of the House chamber was eerie.
Normally at addresses like this, presidents are mobbed by dozens of lawmakers from both parties seeking just a couple seconds of air time on national television. Presidents shake hands, dole out slaps on the shoulder and smile as they take usually multiple minutes to make it up the aisle.
Biden Wednesday, however, was not visibly smiling -- he was wearing a mask as he walked into the chamber despite that he is vaccinated. He dealt fist bumps to a handful of lawmakers, including Republicans. He got a pat on the back from Sen. Patrick Leahy, D-Vt., and elbow bumped with Senate Majority Leader Chuck Schumer, D-N.Y. But there were more empty seats in the chamber than lawmakers.
And with just those few short detours, Biden was at the front of the chamber in just a few seconds. The radical nonsense began spewing forth.
Over the next three days, America’s Conservative Voice (ACV)a will examine in an in-depth analysis of the radical concepts Biden outlined. Today we begin with the economy.
Infrastructure:
Biden’s speech began with a discussion of the so-called infrastructure package the administration released several weeks ago, which is based on outdated and long-repudiated ideas of having the federal government centrally plan the economy.
From the speech: “These are the investments we make together, as one country, and that only government can make.”
Here, Biden is falsely claiming that only governments create transformative investments. The value of private infrastructure—such as buildings, utilities, and production hardware—far exceeds the value of public infrastructure. That private infrastructure investment has in turn created far more jobs and value for American families than government spending ever could.
It is not investment by the government in roads and bridges that drives the economy, but private funds that build office buildings, homes, etc. Biden claims Wednesday night his American Jobs Plan would create jobs, but no government program has ever succeeded at doing so. Photo: Drake Edwards/Chicago Sun-Times)
Private investments have made America the most prosperous nation in the history of the world. Unfortunately, Biden’s tax-and-spend agenda would kneecap the post-pandemic recovery by putting bureaucrats ahead of businesses when it comes to deciding how and where to invest.
From the speech: “The American Jobs Plan will create millions of good-paying jobs.”
On the contrary, the plan would destroy good-paying jobs by taking trillions of dollars from the economy with tax hikes. It would remove incentives for businesses and investors to take risks in hiring workers and starting or expanding operations. Instead of letting businesses respond to consumer demand and create value for everyone, the Biden agenda would respond to left-wing political demands and create value only for narrow interest groups.
The federal government has tried the tax-and-spend approach to job creation many times, and the results have always been dismal. Most recently, the stimulus package signed by President Barack Obama in 2009 utterly failed to create the number of his infamously promised “shovel-ready jobs.” As with most bureaucratic nightmares, the failures were due to fundamental flaws of red tape and choosing the wrong priorities.
The Biden plan doubles down on these flaws, which would dramatically reduce the value of the spending he proposes. Since every dollar the government spends must be taken from the private economy, those bad investments would leave us poorer as a result. Congress must reject this approach.
Economic Policy:
From the speech: “Unions built the middle class.”
Though unions played an important historical role in helping workers achieve safety protections and just compensation, unions did not build the middle class and their failure to update their model beyond the 1950s industrial structure is the source of their increasing irrelevance. The fact is, only six percent of private sector workers belong to labor unions — and that even among union members, fully ninety-four percent never actually voted in favor of a union. Those figures are evidence that unions aren’t providing services that workers want or value.
The good middle-class union jobs that the president refers to were — at least in part — unsustainable allusions. For starters, unions driving compensation to uncompetitive levels dragged down entire industries such as U.S. automaking, which is now only one-third the level it was three decades ago.
Biden claims “Unions built the middle class,” but recently have done more to destroy it. Union wages over the half-centruy from the 1940s to the 1990s made U.S. corporations noncompetitive, in turn resulting in unfunded pension obligations totally two-thirds of a trillion dollars owned by those companies. Most people won’t join unions today. (Photo: Blaine George/Kansas City Star)
Unions’ allegedly secure pension benefits now look more like Ponzi schemes as union pensions set aside only 42 cents for every dollar in promised benefits and accumulated $673 billion in unfunded pension promises.
Were it not for taxpayers already being forced to bail out over $90 billion of unions’ broken pension promises, millions of union members would be on course to receive mere pennies on the dollar in promised pension benefits.
From the speech: “Two million women have dropped out of the workforce during this pandemic.”
It appears the president may have mixed up men’s and women’s labor force participation levels. According to the most recent data from the Bureau of Labor Statistics, the number of men in the labor force declined by 2 million between February 2020 and March 2021 while the number of women in the labor force declined by a slightly smaller 1.9 million. Easing lockdowns and reopening schools — not permanent new government child care and pre-K programs — was the solution to reversing disproportionate employment losses for women.
From the speech: “Pay your fair share.”
Biden wants Congress to pass his proposed tax increase which would affect individuals who make over $400,000 a year. Biden should begin by paying his own fair share, including more than $500,000 worth of Medicare and Obamacare taxes that the Bidens avoided by attributing $13.3 million in income from speaking fees and book royalties as profits to their S-corporation instead of income.
From the speech: “Trickle down economics has never worked.”
The president claimed that corporate executives reaped all the benefits of the Trump tax cuts, rather than passing them onto workers. That is an outright lie, one told often by the Fascist Left. In addition to providing their employees large income gains, including the largest gains for the lowest 10th percentile of workers, companies used the resources from the tax cuts to provide an unprecedented increase in paid family and medical leave benefits.
Over just four years, from 2016 to 2020, the percentage of companies offering paid parental leave more than doubled (to 55% offering paid maternity leave and 45% providing paid paternity leave — without being forced to do so by intrusive and possibly unconstitutional federal legilsation.
From the speech: “The American Families Plan will provide access to quality, affordable child care.”
The key to reducing child care costs and providing options that are more flexible is to reduce unnecessary regulations of the industry, creating more small-business child-care facilities. Biden intends to do the opposite, adding regulations and making it harder for parents to afford child care. (Photo: Henrico County (CA) Public Library)
The best thing the government could do to lower child care costs is eliminate unnecessary child care regulations and invite more small family providers into the market. The president’s plan does the opposite. By adding costly new regulations that will make it harder for smaller and more flexible providers to exist, the president’s plan will drive up the cost of child care and further limit its supply.
Forcing workers and families — including families that choose to have one parent stay home with children — to pay for other families’ child care costs is not only unfair, but amounts to weath redistribution, not the same as reducing costs.
Policymakers should not place more value on wages parents earn, the taxes they pay, and their contribution to gross domestic product than on their contribution to raising children. There is huge value to parents staying home to raise children as well as unintended consequences of government programs that try to push all parents into the workforce.
One such example is Quebec’s $5-a-day government child care program, which did increase young mother’s labor force participation by 14.5 percent, but also resulted in researchers finding “striking evidence that children are worse off in a variety of behavioral and health dimensions, ranging from aggression to moto-social skills to illness.
Our analysis also suggests that the new child care program led to more hostile, less consistent parenting, worse parental health, and lower-quality parental relationships. Teens exposed to the program also had significantly higher rates of crime and anxiety, and lower levels of health and life satisfaction.
Conclusion on Biden’s Economic Policies:
It is very telling that CNN led up to the speech by coining the ridiculous oxymoronic term “moderate radicalism” to describe how they view Biden’s economic agenda. The reality is, Biden will make the U.S. weaker, poorer and more divided. It is a misnomer to call it “Biden’s agenda,” as it is becoming increasingly obvious Biden is not in charge of his own White House.
Tuesday Biden told reporters “I’m going to be in real trouble” if he didn’t stop answering their questions. We asked at the time, who is he going to be in trouble with, he’s supposed to be the president, right? Biden was, in fact, a moderate for most of his political career. It was why Obama chose him as his running mate, to bring a moderate balance to the ticket.
This economic legislative wish-list presented by Biden Wednesday night is anything but moderate. It isn’t Joe Biden’s plan. It is Fascist Left agenda of the incompetent, truly clueless ultra-radicals on his staff: Valerie Jarrett, Neera Tanden, Karine Jean-Pierre and Patrick Gaspard, all of whom have radical ties, many of them to George Soros. In addition, the White House listens closely to “Squad” members, Alexandria Ocasio-Cortez, Rashida Tlaib, Ilhan Omar and others.
Biden is setting the U.S. up to become a debtor nation with no middle class. He will tax and spend them out of existence. Then it will be him and the Elites against everyone else — us.
Friday: Part Two, Education and Critical Race Theory