I started to research the amount of money Biden and his administration is spending and what they are spending it on, but, honestly I was feeling sick as I was reading the list. Billion and trillion were not words that got thrown around lightly up until this guy took office. In 2021, he spent $3 Trillion on various “things”, and will be spending much more by the end of his term. This is Biden’s last hurrah, and he knows it, so he wants to be remembered. And he will be–as the weak, frail guy who mumbles, screams, whispers and is not building America, but breaking it down.
Here’s a just few items that we, the American people are paying for:
In the first nine months of 2021 – January to September, $340 million was spend on transportation of border crossers and illegal aliens
In that same time period, Biden spent at least $212 million to provide medical care to border crossers and illegal aliens in federal custody — paid for by us, not to mention the amenities being given to the illegals.
The senate just passed a $430 Billion bill known as the “Inflation Reduction Act. We know that inflation is 9.2%, the highest in 41 years, but do we really know what this money is going to be spent on, and how it is going to reduce inflation? Even Bernie Sanders, of all people, said this bill will have a minimal impact on inflation.
This “transitory inflation” will cost American families over $5,000 this year, but no worries, Biden, who is personally worth $9 Million has told us not to worry because he is reducing the deficit.
Biden wants to eventually have all military vehicles and public transportation run with electricity as well as your family car. For those in agreement with the Biden plan, have you checked the price of electric cars, the batteries and the process by which the batteries are made?
Everything cost more at the grocery store and restaurants. Gas, has gone down from it’s high of $5.69, but it’s still about $2 per gallon more than when Biden first took office, and will most likely go up. Generally speaking, everything has gone up with no relief in sight.
I welcome your comments and hope you can share a glimmer of hope for the near future.
The power of the U.S. dollar has diminished 40+% since Biden took the Oval Office.
It was his administration who supported an promoted the Federal Reserve to print $$Trillions during the Pandemic on, purportedly, COVID safety, recovery & protection measures. Uhhhhh… of the $325,943,600 printed in 2021 for U.S. COVID purposes (https://www.federalreserve.gov/paymentsystems/2021_currency_print_order_delivered.htm), less-than 10% went directly towards COVID safety, recovery & protection measures. The same occurred in 2022 (https://www.federalreserve.gov/paymentsystems/coin_currency_orders.htm) for $356,179,200!
Add to the above the remarkable money printed to loan to assist American businesses avoid shuttering their concerns during the, infamous, “shut-down”! This is referred to the SBA’s PPP, EIDL, Shuttered Venues Grant, Restaurant Revitalization & Debt Relief COVID relief ensemble. YOU & I are paying for these!! I understand the impetus, however, I’m addressing the premise of what’s, significantly, contributed to the near 10% U.S. inflation issue.
The nascent effect of all this money printing by the U.S. Government is a imminent economic lapse… aka: recession.
This WILL produce a worse scenario than that of the late 70’s — when Carter was in the Oval office and Reagan fixed in the early 80’s!
I will avoid surfacing the extreme waste Biden’s administration, Pelosi’s House & Schumer’s Upper Chamber turns a blind-eye towards!