July 14, 2021
That number? $3.5 trillion.
But if that weren't obnoxious enough, they still want and expect to tack on the minimum package that Senate Republicans proposed back in May — another trillion dollars in the name of infrastructure.
As we know, this is not about covid relief. It's about transforming the economy and the country in the globalist vision.
That's why the "response" has been far bigger than the damage (from the global healthcare crisis). It's about transformation, not relief. And that's why the administration keeps pouring gasoline on the fire.
The damage done: The U.S. economy contracted $2.2 trillion in 2020, from Q1 through Q2. In response, if you pile on the spending plans above, we're now looking at $9.1 trillion in deficit spending. Clearly that's more than enough to plug a $2.2 trillion gap.
That's why economic growth and prices are on fire.
Again, this is all about the global agenda of "building back better," not restoring the economy to growth. With that, not only do they not seem to care about inflation, they are intentionally inflating (i.e. devaluing money and devaluing debt). And the global powers are all-in. That's why there isn't a devaluation of currencies, relative to each other. There is a devaluation of currencies relative to the price of stuff. And it's far from over.