Rebuild the US infrastructure – yes that is a good purpose for government funding (and corporate taxes). Still – we need to monitor and question what our Elected officials are doing.

This article which headlines: “What’s in President Biden’s $2 Trillion Infrastructure Plan” (From NPR – and elsewhere) – provides only a glimpse into where money is going to be spent. Our government talks about projects and spends money like there is unlimited credit (Governments are not supposed to be given credit – they should be balanced based on real income from its citizens. Ever since the Fed Reserve was created – our entire US government system has been working on deficit spending – which like our carbon based planet – will run out eventually)

Anyway – If you read the article – the projects mentioned show a price tag of just under $700 Billion – so – where is the other $1.3 Trillion going? Seriously! – The article mentions projects that many citizens have been wanting (and needing) for decades – but where is most of the money really going?

This is supposed to be INFRASTRUCTURE — not social giveaway, or personal boondoggle projects of individual “elected” officials. But- just like buying citizens votes (Does anyone really know why 100 million people have been getting paid?

Side note: I didn’t get a check – I’m a minority – just the wrong minority group according to Social Democrats)

The “elected” politicians are buying each others votes with added budget items. If anyone threatens to not pass the “infrastructure bill” – the bill writers (Social Democrats) will just toss in another item the voter wants. Thus, a $700 Billion project becomes $2 Trillion! (and the politicians go back to their constituency and says – Look what I got for you! – Re-elect me!)

Of course what do we really get? – Maybe another 3 years before Inflation kicks in and everyone is complaining about rising costs! Why will costs rise? – Because Corporate tax rate will go back to 35% – but all of the deductions (Except for boondoggle projects) will still be removed – and the only way companies can recoup their income is by raising prices.

So – who really is paying? – US Citizens – not through tax increases – but through price increases. Has anyone purchased gasoline, wood, electricity, or food lately? These items have small margins – so when taxes go up 15% for companies who provide the products – this just means they will need to raise their prices – as there is not enough margin to absorb the new costs of doing business.

But – some industries – such as digital, pharmaceutical, and entertainment have very large margins – and those may take a while to increase pricing. Thus, we may all “think” everything is going well (This is what the Entertainment Media/News will be telling you!) – eventually inflation and political greed will catch up to the country – and we will see the rising price 70s all over again. Those were the days – think about buying a home with a 15% interest rate! We will see $5.00 gallon gas, $500 per month to have lights, heat/air in our homes, and the trip to the grocery store will see more than $400 per cart – on average!

Why? – Because a $700 plan will cost $2 Trillion. https://www.npr.org/…/biden-set-to-unveil-expansive-2…