Commentary: Andrew Cline - Hey, D.C., the economy has already recovered
Andrew Cline
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Washington is in the process of spending more than $6 trillion to rescue an economy that doesn’t need rescuing. A look at U.S. economic data shows just how insane this spending plan is.
The $1.9 trillion American Rescue Plan, passed in March, was marketed primarily as economic stimulus. The Washington Post dubbed it “among the largest economic stimulus packages in U.S. history.”
The White House touts the American Jobs Plan, which it says will cost $2.3 trillion, as necessary to “re-imagine and rebuild a new economy.”
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CASE DISMISSED A superior court judge has tossed a lawsuit against the state from five failed Republican office-seekers who sought to decertify the 2020 general election results bringing to a close one of the nation’s lesser-known election challenges to the November contest.
Has anyone told Washington the economy has already recovered?
Monday, May 10, 2021 |
Andrew Cline - Guest Columnist Cline
Washington plans to spend more than the entire federal budget (which is roughly $6.5 trillion) to rescue an economy that is already recovered, with the ultimate effect that the “rescue” will shrink the economy in the long run. In technical parlance, the word for this is “insane.”
Washington is in the process of spending more than $6 trillion to rescue an economy that doesn’t need rescuing. A look at U.S. economic data shows just how insane this spending plan is.
The $1.9 trillion American Rescue Plan, passed in March, was marketed primarily as economic stimulus. The Washington Post dubbed it “among the largest economic stimulus packages in U.S. history.”
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Washington is in the process of spending more than $6 trillion to rescue an economy that doesn t need rescuing. A look at U.S. economic data or the Help Wanted signs across the Delaware Valley shows just how insane this spending plan is.
The $1.9 trillion American Rescue Plan, passed in March, was marketed primarily as economic stimulus. The Washington Post dubbed it among the largest economic stimulus packages in U.S. history.
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The White House touts the American Jobs Plan, which it says will cost $2.3 trillion, as necessary to reimagine and rebuild a new economy.
The White House says the American Families Plan, with a touted price tag of $1.8 trillion, is needed to build a stronger economy….
DeSantis and he who must not be named GOP-pushed probe into voter fraud comes up empty Eskamani passes on statewide run Arrested for recording a cop?
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Have plane, will travel Gov. Ron DeSantis zipped across the state on Wednesday. Three stops. Three media markets. And at each visit, the governor held up a $1,000 check that will soon by sent out to the state’s first responders, police and firefighters.
Joe who? These checks DeSantis touted at each stop were due to President Joe Biden and a Democratic-controlled Congress sending billions of dollars to Florida and other states as part of a coronavirus relief package.