Zero Hedge: Biden’s latest $1.8 trillion plan rejects the old social contract of work for benefits…
So much for the “safety net” to prevent poverty.proverbs 22:7 kjv
“The rich rules over the poor,
And the borrower is servant to the lender” Proverbs 22:7
This is now about mainlining benefits to middle-class families so they become addicted to government – and to the Democratic Party that has become the promoting agent of government.
- All of this adds up to healthy guaranteed annual income largely untied to the social contract that requires work, which is the real path to independence and self-respect.
- The new taxes are destructive, but their impact will take time to be felt as the post-pandemic economy soars. The GOP shouldn’t ignore the taxes and spending.
But a more potent political target may be the bill’s tripling down on a welfare state that disdains the dignity of work and seeks to make Americans the wards of government. Read More