(RightWing.org) – Tax and spend Democrats appear to have gone on a feeding frenzy since gaining control of the White House and nominal advantages in the House and Senate. They already forced Biden’s $1.9 trillion COVID-19 relief package through Congress and are threatening to do the same with a “$4.1 trillion grab bag” disguised as a pair of infrastructure bills.
Former Republican Speaker of the House Newt Gingrich (R-GA) called out Biden’s madness in an article published by Fox News on May 4. As he explained, Biden’s infrastructure plans will result in inflation due to the tremendous lack of funds to pay for them.
“We are seeing substantial inflation,” Warren Buffett said.
— Epoch Times Opinion (@EpochOpinion) May 4, 2021
Inflation is particularly damaging to “the poor, the retired, and small businesses,” Gingrich explained. As a result, their standards of living collapse with each passing year of sustained inflation.
Sure, Biden promises he won’t raise taxes on people earning less than $400K. But he’s misleading them. “His big spending, big deficit program” will end up increasing prices. As a result, everyone will end up paying “the hidden Biden tax.”
Beware of Democrats bearing gifts. The rich won’t be the ones paying for Biden’s spending spree. Working-class Americans will ultimately foot the bill.
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