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39 bytes added ,  10:31, July 5, 2021
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:{{See also|Modern Monetary Theory|New spending}}
 
:{{See also|Modern Monetary Theory|New spending}}
 
[[File:DS-Biden-spending-agenda-charts-04.jpg|right|300px|thumb|]]
 
[[File:DS-Biden-spending-agenda-charts-04.jpg|right|300px|thumb|]]
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Analysts predict that Biden’s American Families Plan would add 21 million Americans to the welfare rolls.  Families earning six figures would be eligible for generous handouts. Most of Biden’s spending would benefit middle-income and upper-income households and not "poor kids".<ref>https://www.dailywire.com/news/american-families-plan-would-put-21-million-more-people-on-welfare-analysts</ref>
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Analysts predict that Biden’s American Families Plan would add 21 million Americans to the welfare rolls.  Families earning six figures would be eligible for generous handouts. Most of Biden’s spending would benefit middle-income and upper-income households and not "poor kids".<ref>https://www.dailywire.com/news/american-families-plan-would-put-21-million-more-people-on-welfare-analysts</ref><ref>https://youtu.be/7qYckI0YV-0</ref>
    
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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