• Podcast #31 Build Back Broker Biden Runs Blumenthal

  • Dec 20 2021
  • Length: 37 mins
  • Podcast

Podcast #31 Build Back Broker Biden Runs Blumenthal

  • Summary

  • Podcast #31 Build Back Broker, Biden Runs and Blumenthal

     


    DISCLAIMER:  This broadcast is intended for

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    is for educational purposes only and does 

    not constitute investment, legal or tax advice, an offer to buy or

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    such third party's views.  All examples are hypothetical and for illustrative

    purposes only.  Please contact us for an assessment of your personal

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    Build Back Broker:


    ·        The Penn Wharton Budget Model has scored the 10-year cost of the

    Build Back Broker package of salami slices of socialism at $4.6 trillion, but

    the White House keeps claiming that the cost is “zero.”  When I tell you

    folks that socialists can’t do simple math…ya think I am kidding? 

    ·        $4.6 tyn has a dollar sign, a 4, a 6, 11 zeroes and denoted

    correctly it also has 4 commas.  That’s $4,600,000,000,000.  And

    somehow, according to Joe Biden and all of his drooling idiot minions in his

    White House tell you that $4,600,000,000,000 is actually just zero.  It’s

    free.  

    ·        I guess if you went to Harvard that somehow $4,600,000,000,000 is

    actually zero.  How would you like these clowns to be designing bridges,

    airplanes and skyscrapers…if they actually believe in their cold little hearts

    that 4,600,000,000,000 is equal to zero?

    Of course, some democrats in congress claim that 4.6 tyn is

    actually just 1.75 tyn.  Not too bright.  In reality, they hope that

    YOU aren’t too bright.  So, let’s disassemble this pack of lies they are

    foisting on you.  Remember folks, you can only believe what a socialist

    says when he or she is threatening to revoke your rights.  Whenever they

    give you estimates on what their socialist agenda is going to cost… those

    estimates are ALWAYS lies.  ALWAYS!  Again, believe a socialist when

    he/she threatens you…and that’s it.

    ·        Take the child allowance, which Democrats say will cost only $185

    billion because it ends after one year. No one believes they won’t extend it

    next year, and the year after that, ad infinitum. CBO says the real cost over

    10 years is $1.6 trillion.  So the dimms are lying by more than 8-fold..or

    860%. 

    ·         They peg their earned-income tax credit expansion at a cost

    of $13 billion because it too ends after one year. CBO says the real cost is

    $135 billion over 10 years.  That’s just a 10-fold lie.


    ·        An honest accounting of those two programs alone consumes $1.732

    trillion, or nearly all of the $1.75 trillion that Sen. Joe Manchin has said is

    the most total new spending he’ll support over 10 years.  But there’s so

    much more.

    ·        Democrats phase out the child-care and pre-K entitlements after

    2027 with a total cost of $381 billion. CBO says the real cost over 10 years is

    $752 billion if made permanent.  And how could it be “transformative” (to

    use Lyin’ Joe Biden’s word) if it’s not...

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