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What hurts Democrats more … passing or failing to pass the Biden agenda

What hurts Democrats more … passing or failing to pass the Biden agenda

Most of the reporting on the Biden extravagant spending bills suggest that Democrats will be hurt in the 2022 midterm elections if they do not pass the $1 trillion physical Infrastructure Bill and at least a $2 trillion social welfare bill – inappropriately named the “Build Back Better” Bill.

There is a legitimate argument that the nation NEEDS the trillion-dollar Infrastructure Bill to address bridges, highways, tertiary treatment plants, broadband access and other physical infrastructure. That is why it has bipartisan support.

The social welfare bill is NOT NEEDED.  Oh, it is filled with a lot of things folks would like to have – basically more money from Uncle Sam, directly and indirectly.  Democrats do not seem to understand that no matter the universal desire and benefit of having more money – or more “free” services — there is an economic limit to what America can safely spend.  

There is no need to use federal (taxpayer) dollars to stimulate the economy.  That was necessary when the economy was tanking because of the Covid Pandemic.  In retrospect, we may have shut down the economy too much – but regardless, we have over-stimulated it with Trump’s last influx of money and way too much with Biden’s totally unnecessary $2 trillion dollar package passed in March.  

Stimulating the economy with more dollars at this time – whether they are called stimulant dollars or welfare programs – WILL fuel inflation.  It already has.  Progressive economists say it is only temporary.  Maybe.  Maybe not.  But there is no doubt that the trillions upon trillions of additional monies flowing into the economy WILL trigger serious inflation for a prolonged period.

Lack of workers and supply-chain issues are already creating an inflationary imbalance between a large number of dollars chasing fewer goods and services.  That is called “inflation.”  Since inflation impacts on many other goods and services.  Gas prices, for example.  The 22 percent surge in the cost of raw cotton will drive up fabric prices across the board – clothing, bedding, bandages, towels, etc.

The rental on those ship-board containers that bring us almost everything we buy in our local stores has shot up from $6000 in January to more than $30,000 today.  That means we pay more for anything produced overseas – from toys for Christmas to parts for our U.S. auto production.

The Democrats have a conundrum.  They have lots of voters who have bought into the bogus left-wing sales pitch.  You know, the Biden spending is all paid for.  The people NEED every penny of this money.  Only the rich and corporations will pay.  It will not cost the middle and lower classes anything.  It will not cause inflation.  These are all BIG LIES.

Those folks who believe that crap are going to be very upset if the Democrats DO NOT enact the Biden agenda. 

On the other hand, there are a lot of folks who are not so gullible.  They understand the negative impact of excessive government spending – inflation, deficits, increases in the National Debt, and higher taxes – direct and indirect (thinking of the tax on corporations which the consumer ultimately pays}.

Those folks are going to be very upset if the Democrats DO enact the Biden agenda.

The hardcore Democrat progressive base will stick with Democrats If they pass the legislation.  The hardcore Republican base will not.  It is the critical independent voter and the partisan “leaners” that makes all the difference in the world – at this point they are evenly split.  But the majority had been in the Democrats camp and have shifted to the right.  That is seen in Biden’s favorable rating, which has plummeted to under 40 percent.

Biden and the Democrats will need a clear win on the economy to survive the 2022 midterm elections.  Biden is underwater on the immigration issue.  He is underwater on the crime issue.  He is underwater in Afghanistan.  AND he is currently underwater on the economy.

History and the current trends are against the Democrats in 2022.  Most pundits believe the Republicans will take control of the House – and the Senate is not out of reach.  Despite the outcome of the 2020 presidential election, Republicans did extremely well at the congressional and state levels.  The New York Times recently did an article indicating that the small-town industrial base in such critical battleground states as Wisconsin and Michigan –which supported President Obama – continue to move to the advantage of the Republicans.

With Biden’s polling numbers tanking, it is difficult to see where his come-back opportunities may be.  That is why the left-wing media are going to such extremes to beat up on the Republican Party and demonize Republican leaders and the millions of Republican voters.  But that message is starting to wear thin.

The Democrats have every reason to be worried.  It appears that they will be damned if they fail to pass the Biden legislation and damned if they do not.  For the sake of the country, we can only hope they do not – and that their fiscal insanity can be put on permanent hold after the 2022 midterm elections..

So, there ‘tis,

About The Author

Larry Horist

So,there‘tis… The opinions, perspectives and analyses of Larry Horist Larry Horist is a businessman, conservative writer and political strategist with an extensive background in economics and public policy. Clients of his consulting firm have included such conservative icons as Steve Forbes and Milton Friedman. He has served as a consultant to the Nixon White House and travelled the country as a spokesman for President Reagan’s economic reforms. He has testified as an expert witness before numerous legislative bodies, including the U. S. Congress. Horist has lectured and taught courses at numerous colleges and universities, including Harvard, Northwestern, DePaul universities, Hope College and his alma mater, Knox College. He has been a guest on hundreds of public affairs talk shows, and hosted his own program, “Chicago In Sight,” on WIND radio. Horist was a one-time candidate for mayor of Chicago and served as Executive Director of the City Club of Chicago, where he led a successful two-year campaign to save the historic Chicago Theatre from the wrecking ball. An award-winning debater, his insightful and sometimes controversial commentaries appear frequently on the editorial pages of newspapers across the nation. He is praised by readers for his style, substance and sense of humor. According to one reader, Horist is the “new Charles Krauthammer.” He is actively semi-retired in Boca Raton, Florida where he devotes his time to writing. So, there ‘tis is Horist’s signature sign off.

8 Comments

  1. Dan Tyree

    We see what happens when the commie party is in charge

    Reply
    • Joseph S. Bruder

      Actually, Danny Boy, if you go back and do a little research, you’ll find that the deficit and the debt have grown more during Republican administrations. In fact, if Al Gore had beaten Bush (and technically he did), and Gore could have continued the Clinton policies, we would have paid off the debt by the time the next President came in. (Not to mention that Gore would have paid attention to Bin Laden, and the whole 9-11 thing probably wouldn’t have happened, but that’s grist for another mill).

      Republicans give money to the rich based on Reagan’s trickle down theory – except it never works. Democrats invest money at the bottom, and it stimulates the economy.

      Reply
      • Dan Tyree

        I agree that the republicans hasn’t been good at times with national debt. But no, Joey boy, al gore didn’t technically beat bush. The winner in that election was constitutionally elected by the electoral college. And win or lose, it’s a great system. It saved our country from Marxist assholes. So build a bridge and get over it. I shudder to think what the scotus would be like today if lizard face al or killery had won. So stick to what you know. Which isn’t much. And I’ve personally seen the “trickle down “ policy work. The problem is that too many people want gimmee gimmee instead of making better plans and going out and getting a job. It’s because of lazy bastards that employers can’t find help these days. I wish that people wasn’t payed to not work. A limit on unemployment and welfare.

        Reply
  2. frank stetson

    Ouch, that really has to hurt. Someone came to a fact fight with fake names and false allegations. Owned :>)

    Reply
  3. frank stetson

    ” A limit on unemployment and welfare.” You mean like the limits we already have on unemployment and welfare?

    Do you just parrot every stereotype you ever hear? It’s one think to not know, it’s another to act like you do. Note to self: if you aren’t sure it’s true, just don’t say it. Just no say.

    Reply
    • Dan Tyree

      Welfare and unemployment shouldn’t be a career choice. I’ve never been on welfare but I’ve been on unemployment. But I took a job long before the benefits ran out. I’m not opposed to either welfare or unemployment benefits but for limited time. And welfare should require 40 hours of community service for those able to work. I know that you don’t agree, but dumbasses seldom agree with common sense

      Reply
      • John reed

        Joe and Frank doesn’t like republicans. Do they make you guy’s skin crawl, or what?

        Reply
  4. FrAnkstetson

    Who’s the dumbass without common sense?

    Again, there are already limits and time constraints on welfare and unemployment. Common sense would have been to check before you spew stupidity once again.

    You are baying at the moon with your stereotype fantasies. Jfgi already. I can’t agree or disagree to crap you imagine.; it’s not reality, it’s a dantasy.

    Reply

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