Biden Pledges to Help Democratic Mayors Whose Cities Are In Desperate Financial Condition

 The lockdowns have made the financial situation of many United States cities desperate.

It appears Joe Biden thinks there is an easy solution, send federal money that the federal government doesn't have to the cities.

He pledged to work with mayors during a virtual conference with the U.S. Conference of Mayors on Monday, The Hill reports.

“All of you have been on the front lines from the very beginning, and as we head into this Thanksgiving and a very dark winter with cases of hospitalizations and deaths spiking, I want you to know that we’re here for you,” Biden said.

“There is a strong sense of common purpose and a desire for real partnership between the states, the cities and the federal government,” he continued.

 Among those on the call, according to The Hill, were Los Angeles Mayor Eric Garcetti (D), New York City Mayor Bill de Blasio (D), Seattle Mayor Jenny Durkan (D), Atlanta Mayor Keisha Lance Bottoms (D) and Orlando Mayor Buddy Dyer (D). All mayors from Democtaric cities teetering on financial collapsse.

So what is it going to be Joe, higher taxes or Treasury borrowing that is monetized by the Federal Reserve?

To paraphrase Paul Simon, anyway decent hardworking people look at it, they will lose. It is the taking of money from the private productive sector and handing it over to the ruling city government non-productive sectors.

-RW