Joe Biden’s handlers ushered in a pair of policy directions designed to escalate inflation and financially empower America’s enemies.
Since assuming office, Biden Administration officials continue to make 180-degree reversals on former President Donald Trump’s most successful strategies. The Republican populist tasked members of his cabinet with ending the land war in the Middle East, invigorating the U.S. economy, and shutting down the money train rogue nations such as Iran used to fund terrorism. Mission accomplished.
But Biden’s people went on a reckless spree of curtailing effective policies in a move that wreaks of envy and spite. Already, Biden has softened sanctions against adversaries such as Russia and the world’s leading supporter of terrorism — Iran.
“These actions demonstrate our commitment to lifting sanctions in the event of a change in status or behavior by sanctioned persons,” Secretary of State Antony Blinken reportedly said after kowtowing to Iran. The White House gave Russian President Vladimir Putin a waiver to build a pipeline into Germany. These behaviors put American interests last and everyday people at risk.
What compounds these misguided foreign policy directives is that Treasury Secretary Janet Yellen engaged other countries in creating a digital minimum tax. In typical lead-from-behind fashion, Yellen was forced to plead with European leaders to postpone their unilaterally leveling an online tax against U.S. corporations.
“I think it gives us time to clarify the international agreement that we all are supportive of. Exactly what is allowable and what is not allowable remains unclear at this point,” Yellen said. “This is a delicate time in the U.S. negotiations, and I think it avoids throwing something into the negotiations that would be unclear and could complicate our progress.”
The White House floated a minimum worldwide tax of upwards of 15 percent. Yellen reportedly has a loose consensus to push forward and pilfer off additional money from e-commerce businesses. What Biden’s handlers don’t want people to know is they are doubling down on U.S.-based organizations. The motivation stems from the fact Washington, D.C., Democrats want to raise enough money to justify another spending spree. Financial guru Steve Forbes recently issued a dire warning that Democrats are dragging the economy into dangerous waters.
“(If Congress spends more), you’re going to get more rising prices. You’re going to get the kind of inflation that afflicted us in the 1970s. Interest rates will go up whether the Federal Reserve likes it or not. It would be overwhelmed by the markets,” Forbes reportedly said. “And that’s going to lead to huge political problems. Not to mention national security problems.”
Forbes emphasized that the federal government must stop its wild, reckless spending, or the American economy could come crashing down.
“With all those spending bills coming through(Congress), if they go through, watch out. The dam will break,” he added.
Forbes offered a pathway out of the skyrocketing inflation, saying that traditional strategies such as “no new taxes” and “no new entitlements” can steady the economy. But responsible economic policy is not something Speaker of the House Nancy Pelosi and her radical party members want to hear.
It seems inconceivable the Democrat in the White House is now leveling new taxes on American-based e-commerce companies while helping to swell the war chests of America’s enemies. Working families are caught in a crossfire of the worst possible attack on financial survival and national security threats.
The Demorats are out to distroy America they don’t care who they ruin,Americans should speak up before they distroy us
I think bidens policys suck.
I think he is the worst president that got into office, america made a big mistake when they let him in .
In 2020, Iran took more steps away from its nuclear pledges, following a series of attacks on its interests. In January, after the U.S. targeted killing of a top Iranian general, Qasem Soleimani, Iran announced that it would no longer limit its uranium enrichment. In October, it began constructing a centrifuge production center at Natanz to replace one that was destroyed months earlier in an attack it blamed on Israel. And in November, in response to the assassination of a prominent nuclear scientist, which it also attributed to Israel, Iran’s parliament passed a law that led to a substantial boost in uranium enrichment at Fordow.
If another country did to America what America did to Iran in 2018…we would be dropping Nuclear Bombs on there doorstep daily!
If you want to know the reason why DJT lost the election…then this is one of the top ten reasons!!
This article states “The White House floated a minimum worldwide tax of upwards of 15 percent”, but does not mention that this tax is only to be applied to businesses. Personally, I think a minimum worldwide tax of 15% works for all multinational businesses, because now they bounce around from nation to nation to gain the best tax advantages. If we push this through, we should also add a caveat that these taxes only apply to multinationals. American-owned businesses that stay within our shores should have reduced taxes, around 10% or less, because they would employ Americans, and spend money here.
Biden and his top aides have said the United States won’t lift its sanctions unless Iran returns to compliance with the 2015 nuclear deal.
Biden clearly does not have mental faculties to run the United States. It’s as if the demacrats want a revolution so they can call on their buddies, whom they care for more, outside our country to help them fight it.
If little Joe want to clear up our countries debt, all he has to do is stop playing big brother to the world. Stop giving our money away and supporting every nation in the world. Our national debt would be payed off in just a few years in stead of steeling everything AMERICAN CITIZENS HAVE. Stop playing the big shot