“Met Gala-nomics”

Posted On Sep 15, 2021 By Addison Wiggin

House Democrats want to spend $3.5 trillion to shore up the social “safety net” in the United States… on top of the $1 trillion they’re looking to spend on infrastructure. And to help pay for it, they’re going to take the advice that Representative Alexandria Ocasios-Cortez wore on her dress to the $35,000-a-ticket Met Gala: “Tax the Rich.” One problem remains: these higher taxes are only expected to bring in $2.9 trillion… meaning even if the new higher rates go into effect, there’s still over $1.6 trillion left to finance. Neither has the “stimulus” cash the government handed out during the pandemic been accounted for… nor the huge spending during the wars in Afghanistan and Iraq…

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