President Biden likes to parade himself as the champion of the middle class.
After all, what’s more down-to-earth than riding Amtrak, right? Or having a dog?
No matter how hard he tries to seem like just your average Joe, his millionaire status is painfully transparent to the actual middle class, who are struggling under the weight of Biden’s poor economic policies.
I started a business from nothing in 1988. Two banks denied my loan because I was just a kid with a work ethic and a dream. The only way I was able to start a business, and eventually pay off those loans, was by balancing my budget.
I couldn’t take out loans with impunity, like the federal government. The middle class, the working class, does not have access to a never-ending line of creditors.
We must balance our budgets or face the consequences.
But if Biden doesn’t balance his budget, it isn’t him who faces the repercussions – it’s you.
Biden’s fiscal year 2023 budget calls for:
- $73 trillion in spending
- $58 trillion in new taxes
- $26 trillion in NEW debt
- $1 trillion+ deficits every year for the next ten years
These proposals come at a time when our tax burden, federal spending, and federal debt are at the highest sustained level in American history.
We know what’s going to happen if this spending continues, because we are experiencing the consequences of it right now.
If we do not pull back on government spending and prioritize balancing the budget, we aren’t just looking at another year of inflation, but another ten or more years. Our inflation crisis won’t go away on its own, and this budget is a brick on the gas pedal that is already costing Americans $2,000 more per year to press.
We must get our fiscal house in order.
And if Biden’s “solution” is for Americans to purchase an electric vehicle, our country is in trouble.