The Infrastructure Bill that Couldn't Build a Thing FINAL
The Infrastructure Bill that Couldn't Build a Thing FINAL

The Infrastructure Bill that Couldn't Build a Thing FINAL

Meri Emongo

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The Infrastructure Bill that Couldn't Build a Thing<br /><br />As the Democrats hurdle towards pushing through a $1.2 trillion dollar "infrastructure" bill, coupled with a $3.5 trillion dollar "human infrastructure" bill, after already spending $1.9 trillion on a covid relief bill earlier this year... We have to take a step back and look at the big picture.<br /><br /><a href="https://tv.gab.com/media/611a1381e0ee3bad542b1fd2?viewKey=321ae3f7-b742-4807-b864-afaca9e09136&r=1080p" rel="noopener">https://tv.gab.com/media/611a1381e0ee3bad542b1fd2?viewKey=321ae3f7-b742-4807-b864-afaca9e09136&r=1080p</a><br /><br />If Democrats have their way, we're going to spend $6.6 trillion dollars this year. As a reference point, in 2020 the U.S. collected about half that amount in taxes. So where does the rest of the money come from?<br /><br />Our national debt currently sits at $28.6 TRILLION dollars. When numbers get so high, they become arbitrary. So let's give that some perspective: <br />The national debt is more than $220,000 per household<br />In 2020, the U.S. GDP was $20.93 trillion - 2/3 of our national debt<br />The following is from Stephen Moore, a former Trump economic advisor:<br /><br />"This is a scary time for our country. Democrats are drunk with power. They have adopted a new dingbat economic theory they call Modern Monetary Theory, which predicts that the government can borrow from now until kingdom come at ever-larger amounts and nothing bad will happen because we are the world reserve currency and foreigners are willing to lend us money at low-interest rates.<br /><br />Except history is replete with stories of great empires collapsing because of runaway debt and spending. The Modern Monetary Theory principles have been test-driven in more recent times by the Argentines, Venezuelans, Puerto Ricans, Bolivians, Zimbabweans and Greeks. There was no pot of gold at the end of that rainbow — just poverty, despair and bankruptcy."<br /><br />I don't write all of this to scare you. Instead, I want to activate you.

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