Home » Economics » Democrat Control of Washington Could Trigger Four Years of Surging Inflation

Olduvai
Click on image to purchase

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

Democrat Control of Washington Could Trigger Four Years of Surging Inflation

At the beginning of the first term of a newly elected POTUS, the first 100 days set the tone for what that administration wants to accomplish.

Joe Biden’s election has been certified by Vice President Mike Pence, so his first 100 days will begin on January 20. The new administration’s economic agenda has priorities that could differ from yours.

But that’s not all.

As the New Republic points out, a newly elected 50-50 Senate “dramatically changes the power realities awaiting Joe Biden on January 20.” Because the new Vice President Kamala Harris will represent the Senate “tie-breaker” vote. Meanwhile, Mitch McConnell will become the minority leader. That means McConnell wouldn’t be able to obstruct proposed legislation as he has been able to do in the past.

So those first 100 days that set the tone for the administration, what might they look like? According to historian Donald Critchlow, this, among other things:

Raising taxes; the Green New Deal; expansion of ObamaCare as the first step toward nationalized healthcare; a massive stimulus bill; immigration reform with border security in name only; and appeasement with China.

Critchlow added ominously, “The first 100 Days of the Biden administration might very well go down in the history books as the ‘100 Days of No Return.’”

Then there is the potential for an even more alarming shift in the balance of power, according to Newsmax:

Capitol Hill observers generally agree that one of the first pursuits of a Democrat-controlled Senate would be admission of statehood for both the District of Columbia and Puerto Rico — a move that would guarantee both two senators and a Democrat Senate majority for years to come.

…click on the above link to read the rest of the article…

 

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress