A Burgeoning Economy

According to President Joe Biden (D) and his Treasury Secretary, Janet Yellen (D), our economy is burgeoning, prosperous, a Valhalla of growth, fairness, and optimism.

This is what the Progressive-Democrats’ Valhalla looks like in the real world:

  • US inflation reached 7.9% by February 2022 and had been…burgeoning…since fall 2021
  • US inflation currently is above 8%
  • before the pandemic, inequality was falling as wages rose faster for low-income workers than they did for the affluent amid healthy growth [note that after the pandemic has been the Biden reign]
  • the US economy contracted by about 1% of GDP in the first six months of this year, even as real wages were falling
  • real average hourly earnings declined 3% over the 12 months through July
  • real average weekly earnings declined by 3.6%
  • real average earnings have fallen 4.2% since Mr Biden took office

But wait—aren’t gasoline prices falling now? Sure they are, but they’re still very much higher than before Biden took office, and they’re falling because demand is falling: we can’t afford to drive as much as we did pre-Biden reign.

For Biden to call this terrific is for him to expound from his Newspeak Dictionary.

Surveillance State, Part 2

Another one from New York. It seems that US Ambassador to the United Nations Nikki Haley’s Stand for America PAC, a 501(c)(4) organization with a legally protected list of donors has had that list released by the NY AG’s Charities Bureau to Politico, which then proceeded to publish that list.

The Charities Bureau is an arm of New York Attorney General Letitia James’ (the same one who “consulted” with then-FBI Director James Comey to suppress any hint of investigation of Hillary Clinton’s classified email handling ‘way back in 2016) Attorney General office.

Never mind that the leak was illegal. Never mind that the Supreme Court in Prosperity Foundation v Bonta—just a year ago—had ruled that the California AG’s blanket demand that all charities disclose donor information was unconstitutional.

Letitia James, a Progressive-Democrat through and through, cares not a fig for any law that’s inconvenient to her. She’s going to collect non-Progressive-Democrat data and release it whenever she takes a notion to.

Anathema

In response to President Joe Biden’s (D) constant accusations of half of Americans being “semi-fascists” and “threats to our democracy,” Fox News‘ Mark Meredith asked Biden’s Press Secretary, Karine Jean-Pierre what percentage of the 74 million people who voted for Trump in the 2020 election the White House regarded as extremists. Jean-Pierre’s answer (keeping in mind that a Press Secretary speaks the President’s words, not her own):

I’m talking about specifically MAGA office holders. That’s what we’re talking about. We’re talking about MAGA office holders who have put forth an agenda that is extreme.

Because wanting to Make America Great Again is extreme. This is what Biden and his Progressive-Democrat Party are so angry, so threatening about. A strong America is anathema to them.

Surveillance States

That’s what New York and California are becoming, only instead of using cameras, they want to use our banking institutions.

Visa Inc, Mastercard Inc, and American Express Co should begin tracking gun sales and flagging suspicious purchases to law enforcement, similar to how financial institutions look out for money laundering, the attorneys general of New York and California said.

And

The three leading credit-card companies should take a front-line role in trying to prevent mass shootings and reduce the risk of gun trafficking, California Attorney General Rob Bonta and New York Attorney General Letitia James, both Democrats, said Friday in a letter sent to the companies.

Because honest Americans buying firearms are similar to money launderers: buying guns is inherently suspicious, claim these Progressive-Democrat AGs and their States’ governments.

On the other hand, in pressing for this government-mandated financial institution surveillance, California and New York Attorneys General Rob Bonta and Letitia James (both Progressive-Democrats) wrote,

If tracking MCCs could stop just one mass shooting or derail one gun trafficker aiming to flood the streets with guns, the change would be justified.

Do they mean, for instance, then-US Attorney General Eric Holder’s Operation Fast and Furious, which ran guns to Mexican drug cartels?

One Simple Fix

Nearly $2 trillion were appropriated and allocated in early 2021 to the States by the Progressive-Democratic Party-controlled Congress and the Progressive-Democrat President. Those trillions were intended to help the States mitigate the outcomes from the Federal and State governments’ response to the Wuhan Virus situation then in full bore.

Most of that money remains unspent by the States, and much of what was spent went to programs wholly unrelated to digging out from under the governments’ responses.

What do an armored SWAT vehicle in Pittsburgh, “restorative justice” educational discipline in New York City, racial healing pop-ups in Minneapolis, and school vape detectors in Montgomery, Ala., have in common? They’re all funded by federal taxpayers through the hastily-passed American Rescue Plan Act (ARPA)….

And

Just 12% of the money earmarked for elementary and secondary schools has been spent so far, according to federal statistics. And according to Treasury Department figures, as of the end of March 2022 only about $70 billion of the $350 billion allocated for state and local governments had been spent. Just over $100 billion of that money was contractually committed to be spent.
A Treasury spokesperson told Fox News Digital that 67% of the money available to state and local governments through March was budgeted—and likely more, due to smaller jurisdictions not reporting. The total funding available through that point was just under $225 billion. That means likely about half of the overall $350 billion had been budgeted for future use by late March.

It gets…better. Manhattan Institute Senior Fellow Brian Riedl told Fox News Digital:

Washington allocated $350 billion to state and local governments to close budget deficits that did not even exist. These states are totally awash in more money than they know what to do with, so it’s no surprise they haven’t allocated yet—they’re going to be sitting on this money for years.

There’s a straightforward fix to this, even if perhaps politically difficult to do.

Let Congress appropriate the money for a particular purpose (illustrated by, but far from limited to, the ARPA purpose) with a string attached, but then hang onto the money. The string is this: if the States don’t become eligible to receive the money within a time-frame—say, within 12 months or by the end of the then-current Congressional session, whichever comes first—the money remains unallocated and is removed from the Federal appropriations and cannot be spent.

For a State to become eligible for the funds transfer, it must begin the project(s) that satisfy the purpose, have contracts let, “ground broken,” and concrete, measurable, and significant progress made on the projects for [six months]. At that point, the States would become eligible for six months-worth of the funds Congressionally allocated on unanimous agreement by the Speaker of the House, the House Minority Leader, and the Senate Majority and Minority Leaders. At similar subsequent intervals, with similar demonstrable progress, the States would become eligible for subsequent backfills of the State’s expenditures until the allocation is consumed or the project(s) completed. If the project(s) are incomplete when the money runs out, the State becomes ineligible for any further Federal transfers for future retries or for related project(s).

Require the States to demonstrate need, rather than just throwing down piles of dollars with the instruction to “use these up.”

Regardless of what we might think about this or that purpose for transferring Federal (our taxpayer) money to the States, or of Federal transfers to the States generally, this simple fix would at least greatly increase the likelihood of the transferred money actually being used for the claimed purpose.