I guess when you can’t come up with your own economic policies and your opponent has already shown his ideas work, you steal his ideas, then claim they were yours all along, and that your opponent never implemented any of it anyway. That’s the Democrat way.
On Thursday, Joe Biden announced a $700 billion “Buy American” plan that comes across as a light version Donald Trump’s economic nationalism, with Biden claiming he wants to revive a slowed down economy with a renewed focus on domestic manufacturing and creating jobs in the US.
What do they mean by a “renewed focus on domestic manufacturing?” The Trump administration has brought manufacturing back from overseas, even though Obama and Biden said it could never be done, and that the miserable Obama economy was the “new normal” and we had better get used to it.
And right now every mainstream news media outlet out there is reporting it as if President Trump’s economy, prior to the Chinese virus pandemic, didn’t do exactly that. It is sociopathic to completely ignore the record achievements Trump’s economy has delivered, while at the same time report that Biden’s plan will do what Trump never wanted to do. It’s nuts, but here we are.
Folks, now you know why blue states have destroyed the national economy with forced house arrest and lockdowns, and blamed it on the virus. They want liars like Biden and Democrat governors to gaslight the American people into believing they must be nuts to think Trump’s economy was ever any good.
The proposal has two main components to it; a $400 billion purchasing initiative to ramp up demand for US-made products and services, and a$300 billion investment in American research and technology. Half of that would be directed in clean energy research that was previously announced by the Biden campaign.
Don’t believe a word of it. The Biden camp has meshed with the Bernie Sanders camp, and a whole lot of Marxist policies are going to be pushed by Biden because of it. Democrats lie to get in office, and Joe Biden is no exception. Nothing he is touting now to get elected will be done. Mark my words. The Bernie Bros won’t allow it.
The Biden campaign says its strategy would create 5 million jobs that have been lost this year due to the pandemic and create another 5 million new ones. The former vice president can also be calling to crack down on false advertising of products made abroad with “Buy American” labels and close loopholes around related provisions. That is yet another idea of Biden’s that Trump is already doing.
A part of the plan could be financed by partially rolling back the Trump tax cuts enacted in 2017 and in addition implementing “common-sense tax reforms that finally make sure the wealthiest Americans pay their fair share.” The campaign didn’t release any further details.
There is so much wrong there. They didn’t release any details of their plan, because there are no details that add up for the nonsense they’re spewing. The Trump tax cuts were the engine that exploded our economy to record highs and set unemployment rates down to record lows. The tax cuts with regulations cuts primed the country to grow to new heights never before seen, and Joe Biden would destroy it all and take us back to the days of the Obama administration.
When Camp Biden says they will be able to pay for their useless programs by removing the tax cuts they are lying to you. Every time taxes are reduced significantly government revenues go up. It’s very simple. When taxes are reduced, rich people take their money and invest it into a new business. People have to run those businesses, and new jobs means new taxpayers. Take away the tax cuts to pay for socialist government programs that don’t help the private sector grow and you will watch it shrink.
Trump campaigned in 2016 on bringing back jobs from overseas, and went after China’s trade relationship with the US. He went into a trade war that saw hundreds of billions of dollars worth of tariffs levied on Chinese products. And he won the trade war, but what leftists in media and the Democratic Party won’t admit is that we had to win that trade war, because thanks to Obama, George W Bush and Bill Clinton, China was ripping us off for hundreds of billions of dollars while the forgotten men and women in America suffered unemployment rates that never made sense.
A trade deal was signed by the US and China earlier this year. The president has repeatedly ripped on the communist Chinese government for their handling of the virus pandemic that originated there. Playing the art of the deal Trump threatened to “cut off the whole relationship” with China if they didn’t straighten up their act.
Some Democrats have strongly pushed to bring back overseas supply chains in the face of medical supply shortages in the US. They even offered – GASP – tax incentives. And that’s why Democrats are horrible at real world economics. They don’t understand that Trump is fighting really bad US economic policies from the past that screwed American workers and corporations so that the deep state could line its pockets.
Donald Trump turned the Obama economy around in record time and I believe more Americans will want him to do it again come November 3rd.
Rich is a conservative, syndicated opinion writer and owner of MAGA-Chat.com. He writes about politics, culture, liberty, and faith.
Fight tech tyranny. Join Rich on MAGA-Chat.com, where free speech is still free. Join the revolution!