SkipCaptcha, Automoderated users, edit
818
edits
Changes
Jump to navigation
Jump to search
Line 1:
Line 1: + + + + + + + + + + +
improve
The '''American Rescue Plan''' was a $1.9 trillion slush fund approved by dictator [[Joseph Biden]] to supposedly fight [[COVID]].<ref>https://www.cbsnews.com/news/biden-signs-covid-relief-bill-american-rescue-plan-into-law/</ref>
The '''American Rescue Plan''' was a $1.9 trillion slush fund approved by dictator [[Joseph Biden]] to supposedly fight [[COVID]].<ref>https://www.cbsnews.com/news/biden-signs-covid-relief-bill-american-rescue-plan-into-law/</ref>
==Excessive Government Spending==
At nearly $2 trillion, this legislation adds substantially to the national debt, which was already at historically high levels prior to its passage. Unrestrained government spending causes [[inflation]] and a [[De-dollarization|devaluation of the currency]], which negatively impacts the financial stability of [[America|the American People]].<ref>https://www.breitbart.com/economy/2022/09/29/breitbart-business-digest-how-bidens-rescue-plan-wrecked-the-economy/</ref>
==Government Overreach==
The American Rescue Plan is a classic example of government overreach. It included provisions for [[UBI|direct "stimulus" payments]] to individuals and families, extended and increased unemployment benefits, and aid to state and local governments.<ref>https://www.breitbart.com/europe/2023/06/05/money-for-nothing-universal-basic-income-to-be-trialed-in-england/</ref>
==Impact on Small Businesses==
The American Rescue Plan increased the minimum wage for federal contract workers. Increasing the minimum wage '''''always''''' leads to job losses and increased costs for small businesses.<ref>https://www.nfib.com/content/news/massachusetts/massachusetts-study-commissioned-by-nfib-finds-20-minimum-wage-will-disproportionately-harm-smaller-businesses/</ref>
==References==
==References==
{{reflist}}
{{reflist}}