An astonishingly sweeping, radical movement to level cities and states is underway, propping up the failures and pounding down those that have been successful. Most everything is being federalized. The role of cities and states as we have known them – as laboratories of democracy – is being eviscerated. It’s being financed by both the United States Treasury and the Federal Reserve bank, which are now joined at the hip in fiscal profligacy.
Much of it is proceeding under the false labels of pandemic relief and fiscal stimulus. It’s happening at such a rapid pace that the paper of record for government overreach, The Washington Post, fears that “the sheer volume of new programs threatens to swamp federal agencies.”
It’s a fundamental and historic remake of America, though its impact hasn’t yet come close to sinking in. Some of the numbers that follow seem beyond belief, but they are real. If claiming that pending legislation will destroy America as you know it seems like exaggeration, read on to see what its supporters say, because it’s their commentary that is most revealing.
The plan to federalize government is already moving and has three parts:
- Flood every unit of local government with federal cash, irrespective of need, while prohibiting tax cuts, thereby bailing out failing states and cities.
- Make that flood of federal money made regular and permanent.
- Annul or override state laws that make certain states competitive, thereby eliminating their competitive advantages, and federalize elections to make it all permanent.
Let’s go through each.
Flood every unit of local government with federal cash, irrespective of need, while prohibiting tax cuts, thereby bailing out failing states and cities:
Start with the recently signed ARP, the American Rescue Plan. Its scope is under-reported and the public is unaware. Having been routinely styled as coronavirus relief or economic stimulus, it’s perhaps the most blatant bait-and-switch in American history.
Wages and salaries during for the first ten months of the pandemic dropped by only 3.4% from the same period in the red-hot economy we had before then, or $276 billion in lost wages. That’s from former U.S. Director of the Office of Management and Budget David Stockman. Same for the hit to Gross Domestic Product, which also dropped by the same percentage, a reduction of about $775 billion.- READ MORE
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