ENGINEERED COLLAPSE: More than 100 Republicans warn Biden's massive $3.5 trillion "human infrastructure" bill will be the final nail in coffin of American's struggling supply chain
By jdheyes // 2021-10-25
Copy
 
When there is a substantial economic problem plaguing our country, we've always been able to count on the Democrat Party to make it worse, since they have an inability to grasp fundamental economic concepts under our system of capitalism -- which they are attempting to destroy. For months Democrats and Joe Biden have been touting his massive $3.5 trillion "human infrastructure" bill as the end-all, be-all to solve all of our country's economic problems for those most disadvantaged. But really, it's the same kind of spending bill Democrats have been touting since the days of FDR: A gargantuan plan to hook tens of millions more Americans on government "benefits" so they can control more of our population and tell them how to live. But this bill is worse than all of the others because it will also disrupt our already gravely wounded and struggling supply chain, which has gotten worse under the current regime -- and more than 100 Republican lawmakers are sounding the alarm. Rep. Sam Graves (R-Mo.), the ranking member of the Committee on Transportation and Infrastructure, led others in a letter slamming the president’s proposed policies as harmful to the current economic environment. “We must address the global supply chain and ports crisis before Congress even considers additional social spending and taxation legislation. Our priority right now should be strengthening our Nation’s economy and increasing our global competitiveness. The policies of your Presidency and party’s leaders in Congress are exacerbating or simply ignoring the underlying supply chain crisis,” Graves and the other representatives wrote. “These policies include the mishandling of the COVID response in ways that are prolonging unemployment and worker shortages across the economy, to your push for a multi-trillion-dollar spending spree that is driving up prices of everything from gas to groceries. These efforts only serve to weaken American competitiveness and shrink our economy, and they will certainly ensure that this Christmas will not be merry," they added. The Democrat-controlled House has already passed the massive spending bill, along with additional, previously approved spending that is burying the country in debt and flooding our economy with more dollars at a time when there are fewer goods to buy, leading to escalating inflation. One of the $3.5 trillion spending bill's provisions would see the current corporate tax rate of 21 percent, set under a tax reform bill signed by then-President Donald Trump, to 28 percent, a crushing blow for companies still struggling to become profitable again amid rising labor costs and prices for raw materials. “Multiple factors have contributed to the Nation’s supply chain crisis, but one factor that is being overlooked is how the collection of harmful policies being pushed by the President and his party is making matters worse — not better,” Graves added in a news release. “Policies that encourage unemployment and worker shortages, multi-trillion-dollar spending sprees that lead to an inflationary tax increase on Americans, new regulations and prohibitions that drive up the cost of everything including energy, focusing infrastructure programs on socialist ideals rather than actual solutions to infrastructure problems — all of these policies are causing further breakdowns in the supply chain," he said. “The President is telling the private sector to ‘step up’ and fix these issues, but the President needs to lead by example, step up himself, and reevaluate his agenda that is making this supply chain crisis worse,” he continued. https://twitter.com/RepSamGraves/status/1451221423620493317 The situation with the supply chain is definitely getting worse, as industry experts have repeatedly noted that the backlog of container ships at the country's biggest ports is bigger than they have seen over their many years in the business. Meanwhile, Biden's Transportation secretary, Pete Buttigieg, was out for two months on paternity leave as the situation worsened. If that had been a Trump administration official, the garbage media and Democrat Party would have never let up calling for his or her resignation. Sources include: WesternJournal.com NaturalNews.com
Copy