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View from the Right: When ‘70s-style stagflation again takes root, Dems won t blame themselves
By Martin Fey George Ade
The morning after comes slowly but inexorably in the realm of economics, and the hangover caused by fiscal overindulgence can’t be cured by a couple of aspirin and a bloody Mary.
So it will be with the Biden administration’s federal spending plans, which will add a stunning $11 trillion to the national debt over the next several years. Americans may be reveling today as they drink from the bottomless federal cash cornucopia, which has poured over $10,000 into many households and billions into private businesses, but in the years to come they will pay many times for those “tax-free” infusions. Fortune Magazine estimates that the average couple will be saddled with $150,000 of federal debt at age 35.
View from the Right: Dems have work to do before midterms
By Martin Fey
President Joe Biden pledged that his administration would be the most transparent ever, and he’s living up to that promise. It’s now transparent that the Democrats will do whatever it takes to cement their grip on federal power for many election cycles to come.
Biden recently announced formation of a 36-member commission to explore the “pros and cons” of packing the US Supreme Court. Ever since President Trump’s appointments established a purported 6-3 conservative majority, Democrats have schemed about how they might add justices to erase that margin. Last week, only a few days after Biden’s announcement, some ranking House Democrats sent up a trial balloon innocuously titled “The Judiciary Act of 2021.”