Hanson warns of ‘Cuba or worse’ economic collapse if Democrats’ $3.5 trillion ‘equity’ infrastructure passes
The United States will risk becoming Venezuela or Cuba in the long term if the Democrats succeed in passing their at-least $3.5 trillion economic overhaul they are dubbing “human infrastructure”, historian and author Victor Davis Hanson warned Thursday on “The Story.”
Hanson, author of “The Dying Citizen”, called President Biden’s claim that the price tag is “zero” because it will allegedly be “paid for” “bizarre” – comparing that idea to someone buying a car fully in cash and then claiming it cost nothing because it wasn’t put on the credit card or funded by a loan.
Hanson said that cash still represents hours of labor and investment, even if it doesn’t affect one’s balance sheet.
In the same way, Biden, who billed himself as pro-working-class throughout his Senate career, is essentially telling all of the “producers” in the economy, from family farms to small business owners, that they will be taxed on what the government views as…