Biden’s Economic Trojan Horse – Nikolai G. Wenzel

On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA). This act will spend $1.9 trillion in money the federal government doesn t have. Officially, this spending is meant to stimulate the US economy and help those most affected by the economic consequences of the COVID-19 pandemic, the lockdowns, and the economic downturn.

Unfortunately, reality does not match the spin. Indeed, ARPA contains little stimulus for an economy that is rather healthy, few resources to support the fight against COVID, and little real help for those hardest hit. The bill does, however, contain macroeconomic dangers, microeconomic distortions, and a Trojan Horse that will allow the most radical and unconstitutional elements of social engineering utopians to establish beachheads in the economy for further and future mischief.

via lawliberty.org