Thursday, April 29, 2021

Joe Biden's New Government Spending Plans Are Now Up to $4 Trillion

In his State of the Union address before Congress, President Biden released the second portion of his government expansion plan, $1.8 trillion in new spending. That’s on top of the $2.3 trillion infrastructure plan he released at the end of March.

And keep in mind this is also on top of the $1.9 trillion American Rescue Plan that Biden has already signed into law.

If Biden's plans pass through Congress, he will likely be the greatest domestic spending president in history. It is possible his domestic spending could come in at more than 6% of GDP.

No president has spent as much on non-war spending.

Here is how he compares to other big-spending presidents:

Biden's plans will distort the economy away from productive activity toward incentivizing non-work. It will lower the standard of living for almost all, except the crony class and threaten to fuel price inflation beyond the price inflation that is already set to rage in America.



  1. They want to bankrupt this country, tear us asunder, bring us to our knees, and make us all dependent of government largesse, like Indians on a reservation.

    1. Yep, I take comfort in the fact that I'm an old man, my best days behind me. My kids, on the other hand...