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Former Vice President Joe Biden said Friday that the Trump administration’s tax cuts had hurt the government’s ability to support the economy in the pandemic and that emergency loans were only going to big business, leveling the baseless claims even as he blamed the White House for programs under the purview of the Federal Reserve.

“Let’s reverse the Trump Tax Cut. Imagine if we had that $2 trillion now, as we go into, God willing, a recovery, which is a long way away as I see it right now,” Biden said in an interview with the anchors of CNBC’s “Squawk Box.”

While Biden’s sentences were more a word jumble than a clear policy statement, the presumptive Democratic nominee for president appeared to be arguing that the historic 2017 tax cuts had deprived the U.S. government of funds needed now that the economy has been thrown into the deepest slump since the Great Depression.

Claims that tax cuts cripple government or leave it unable to spend have been leveled for years by Democrats, though no evidence of such tax-based constraints has been found. To the contrary, Congress has been able to authorize trillions in new spending and the Trump administration has signed three phases of economic aid so far—and it already planning a phase four deal.

Stephanie Kelton, a former economic adviser to Bernie Sanders’ campaign, explained the lack of fiscal constraint several months ago in an op-ed for Bloomberg.

(Excerpt) Read more at breitbart.com ...

 

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Democrats a delusional liars, but the spooky part is how many sheep believe every word they utter. Without proof. Without question.
 

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What if we had back all the money Obama gave away, what if we had back all the time & money spent of bullshit investigations.
 
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