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66 bytes added ,  03:49, June 30, 2021
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====Budget====
 
====Budget====
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[[File:DS-Biden-spending-agenda-charts-04.jpg|right|300px|thumb|]]
 
:{{See also|Modern Monetary Theory|New spending}}
 
:{{See also|Modern Monetary Theory|New spending}}
 
The junta's first budget proposal projected [[economic growth]] at 1.9% or a return to the stagnant years of [[Obamanomics]]. Communist China is projected to grow at around 6% into the foreseeable future. By the end of the budget period, 10 years out, China’s [[GDP]] would have grown by roughly 80% and then roughly equal the United States with a concomitant impact on national security and military spending.<ref>https://www.nysun.com/national/the-surrender-budget/91531/</ref>  A deterrent defense posture is dead, and the United States is faced with either an arms race or surrender short of direct military confrontation.
 
The junta's first budget proposal projected [[economic growth]] at 1.9% or a return to the stagnant years of [[Obamanomics]]. Communist China is projected to grow at around 6% into the foreseeable future. By the end of the budget period, 10 years out, China’s [[GDP]] would have grown by roughly 80% and then roughly equal the United States with a concomitant impact on national security and military spending.<ref>https://www.nysun.com/national/the-surrender-budget/91531/</ref>  A deterrent defense posture is dead, and the United States is faced with either an arms race or surrender short of direct military confrontation.
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