The Ben Shapiro Show Ep. 1264 - Joe Biden Will Spend All Your Money Before He Goes
May 27, 2021
The discussion dives into Joe Biden's ambitious $6 trillion budget proposal, raising alarms about potential economic fallout and soaring national debt. Critics highlight concerns over wartime spending and the sustainability of such financial plans amid rising inflation. The podcast also critiques the influence of wokeness on military funding and defense policies, questioning their impact on readiness. Additionally, it tackles the Biden administration's suspension of investigations into COVID-19's origins and the broader implications of trust in international relations.
AI Snips
Chapters
Transcript
Episode notes
Biden's Budgetary Concerns
- Joe Biden's proposed $6 trillion budget would increase the national debt significantly.
- This level of spending, amidst inflation, is unprecedented in peacetime and unsustainable.
Unprecedented Spending Levels
- Biden's budget aims to increase federal spending to its highest sustained levels since World War Two.
- It also projects deficits exceeding $1.3 trillion for the next decade.
Spending and Global Competitiveness
- Increased spending won't improve global competitiveness, contrary to Biden's claims.
- Sweden's similar attempt in the 1960s-70s, known as the "third way," failed.