What Four More Years Of Bidenomics Would Look Like

On May 14th (sometimes it takes me a while to get to things), Stephen Moore posted an article at BizPac Review detailing some of the economic plans the Biden administration has if they win the election in November. If you like trying to stretch your dollar because of inflation, you will love the new challenges.

The article reports some of the plans:

1. Tax rates on investment up to 70%.

2. $2 trillion in new debt spending.

3. A “net zero” energy policy eliminating production of nearly all our abundant fossil fuels.

4. An end to state “right-to-work” laws in 26 states.

5. The antitrust assault against Silicon Valley and corporate mergers ramps up.

The article also concludes:

There is more to worry about under Bidenomics in a second term. One worry is that Dems will agree to eliminate checks and balances in our system of government by overturning the filibuster rule of at least 60 votes in the Senate to pass legislation. Another concern is that Dems will lock in their electoral strength by making Washington, D.C., and Puerto Rico states to add four more Democratic senators. Remember Kyrsten Sinema of Arizona and Joe Manchin of Pennsylvania heroically voted to save the filibuster — but they won’t be around in January 2025 to stop the court packing.

Could American businesses and families survive getting smashed by these gale-force winds of another Bidenomics hurricane in 2025 without capsizing the ship of state? I wouldn’t bet on it.

Stephen Moore is a visiting fellow at the Heritage Foundation and a senior economic advisor to Donald Trump. His latest book is: “Govzilla: How the Relentless Growth of Government Is Devouring Our Economy.”

Your vote counts. We need enough votes against Joe Biden to overcome the fraud that is already being planned.