Episode 143
More Is Less, More or Less?: Biden's Plan To Fight Inflation With More Inflation
During my drive to work I give my thoughts from reading a PBS article about President Biden's "Build Back Better" bill. Although he expressed concern about inflation he claimed the new $1.2-trillion bill would help fight inflation.
We've heard the statement "less is more." Biden seems to be claiming "more is less" as yet more irresponsible theft and spending is supposed to lessen the effects of previous theft and spending.
The Bible gives examples that shed light on the upside-down wisdom of the world.
Sources Consulted:
Josh Boak and Colleen Long, "Biden says infrastructure bill will ease economy woes with time," PBS, November, 10, 2021.
Brad Polumbo, "Ivy League Analysis Destroys Biden’s Entire Argument for Multi-Trillion-Dollar ‘Build Back Better’ Spending Plans," Foundation for Economic Education, November 6, 2021.
Scripture Referenced:
Genesis 47:15-19