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Joe Biden has been pretty open about his plans for the economy. Many appear to be clearly destructive to our economy. Why would someone do that, you might wonder. Allow me to explain…
He plans to forgive $50,000 of student debt for everyone. He skipped over the Constitutional grounds for this action, but his intention is to somehow pay off educational debts of those who borrowed money to pay for college, by taking money from those who didn’t go to college (tradesmen, etc.), and from those who paid for their own college through outdated white privilege microaggressions like working and saving. College-educated people tend to vote Democrat? Well, they should be rewarded. And they will be.
Cities have a problem. Democrat policies like greenspace laws and other regulatory schemes that inflate property values to unaffordable levels, lack of support for law enforcement that encourages rioting and violent crime, insane educational policies that lead to dangerous and inept schools, ever-increasing emphasis on racial grievances which create the resentment and jealousies that maintain tension and hatred between neighbors, and so on, and so on – these have made cities less and less desirable places to live. So people are leaving.
Over half of most cities’ budgets are property taxes. In some cases over 70%. Plus local taxes on retail spending, fuel, energy, communications, etc. Many big cities are already deeply in the red, with lots and lots of enormous fixed expenses such as retirement plans and generous health insurance plans for generations of city workers who all retired when they were 52, and tend to live for another 30-40 years on the city’s dime.
It would be very difficult for many of these cities to reduce their expenses, even if they wanted to. And these are expenses that they can’t afford right now. Not even close.
Imagine what happens when their tax base is reduced by, say, 25%. Even 10%. What happens then?
They will be in dire need of a bailout. By an administration that understands city dwellers tend to vote Democrat. And they should be rewarded. They will be.
And who will pay for it? Rural people, who work hard, and can’t afford to live in cities. That doesn’t make much sense, but remember, they tend to vote Republican. So, there you go.
Mr. Biden’s energy plan will increase our energy costs dramatically. Who will pay for that? Democrat voters who take the subway to work? Or Republican voters who drive a pickup truck 45 minutes one way to get from their farm to their factory job six days a week?
It goes on and on. You could come up with plenty of other examples yourself – feel free to add them below if you like.
And I don’t mean to imply that this is some new devious plan. It is often said that anyone who robs Peter to pay Paul can generally count on the vote of Paul.
But remember that the Republican party is largely based on a pretty simple set of principles. A Constitutional Republic, a nation of laws and not of men, property rights, individual rights that are granted by God and not by government, and so on. When people vote for Republicans, that is generally what they’re voting for. That’s not always what they get, mind you. But that’s what they’re voting for.
The Democratic Party is different. Its only underlying principle is the acquisition of power. Its policies conveniently change with the times, but it’s all about power. And if you help them get power, you naturally expect something in return. With no clear underlying principles, it’s all about money and power.
And unlike Republican voters, who don’t always get what they’re voting for; Democrat voters generally do get what they’re voting for.
Don’t believe me? Just watch what’s about to happen over the next four years.
Come January 20, it’s payday.Published in