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Wall Street Apes
@WallStreetApes
Here’s The Truth About Bidenomics Senate Budget Committee Breakdown:
– 2% Increase in US Population
– 66% Budget Increase
– $434,000 in New Spending PER PERSON
“Expecting the American taxpayer to spend 36% of their income. 36% to pay for this budget.”
“Here’s what’s actually happening to the American public. So first, since 2019, the population is up 2%.
So your budget increases spending by 66%. That’s a lot. American public says, okay. “So what do we get for that? 66% increase when population’s up 2%. If you look at the numbers, you’re spending per American or that’s not yours, it’s president Biden’s, but spending is $21,695.
The average American income is only $59,430. That’s yours you’re expecting the American taxpayer to spend 36% of their income. 36% in to pay for this budget.
The increase, um, per person and spending for every new person is $434,000.
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So the revenues are not up in this last year, they’re down. The federal revenues are down 9%, so that’s not working. So I cut taxes a 100 times, my revenues went up. Inflation so if you think about both of us grew up and, you know, families didn’t have a lot of money.
So think about what’s impacting families like ours, groceries are up 21% in 3 years. Gas is up 40%. Shelter’s up 20%. Car payments are up 26%.
If You want to try buy a house today Biden took office, the cost now is just skyrocketed with what’s happened to interest expense.
Median household income has gone from $77,800 to $74,755. It’s down 5%. So it’s not so you look at it, people inflation’s up, their wages are down. You’re projecting a corporate tax rate, or not you.
President Biden’s projecting a corporate tax rate of 28%. I cut taxes when I was governor because I wanted every company to come to Florida.
What we’re telling people is don’t come to America. You should go to well, communist China has lower corporate tax rates. If our if our tax rates are higher, we’re in a global economy, what’s the company gonna do? They’re gonna go where the taxes are lower, and they should, whether we like it or not.
Now you just look at jobs. In the last 4 months, we’ve lost 1,780,000 full-time jobs. We’ve only added part-time jobs. We’ve added 909,000 part-time jobs.
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Just look at look at, um, the employment numbers that just came out. Immigrants, legal and illegal, in the month of February added 1,000,000 jobs.People born in America lost 500,000 jobs.
Wow. This is not this is if when I go back to Florida, people don’t think this economy is set in the right direction. Then you look at debt. Debt to GDP.
Since Joe Biden took office, the debt has grown faster than GDP. And if you look at these proposed budgets, the debt is gonna continue to grow faster than GDP.
How do we ever how is this ever sustainable? You can’t do that. You can’t do it in business. You can’t do it personally. You can’t do it as a country.”
Video: https://twitter.com/i/status/1769913122238964113
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