In an analysis of the spending and taxation for which President Joe Biden advocated in his speech to Congress last night, Judge Andrew Napolitano said in a Fox News op-ed that it would be the “most massive peacetime transfer of wealth in the history of the world, and none of it is authorized by the Constitution.”
Napolitano, a Fox News contributor, pointed out that the Biden administration would borrow three times as much as it collects in taxes and that the biggest losers in the whole scenario would be “future generations of Americans.”
Biden has proposed a $4 trillion annual budget for 2022, has signed a $1.9 trillion COVID relief package, and less than a month later wants a $2.3 trillion infrastructure package and a $1.8 trillion bill he says will aid “American families.”
If all of Biden’s proposals come to fruition, it would amount to fundamental changes to American society, including free pre-k and community college, forced unionization for many workers, voting changes that could dishonestly keep Democrats in perpetual power, and massive new regulations to combat so-called climate change that would mean nearly a whole new way of life.
It would also leave the country more than $30 trillion in debt, which Napolitano says would be nearly impossible to pay back.
“We have to prove democracy still works, that our government still works and we can deliver for our people,” Biden said in justification for his massive spending proposals.
Napolitano predicted that the spending could ruin the economic recovery after the coronavirus and cause inflation. It would be “Biden misery visited upon all,” he said.
Napolitano looked at Constitutional history that reluctantly allowed a government bank but was never comfortable with its implications, even when the Supreme Court tried to say it was constitutional for government to borrow unlimited amounts of money if it was for the “common good.”
He asked lawmakers and Biden to think about some unsettling questions.
“How much longer can a society last with a central government that does not pay its bills? Why have a Constitution that limits the government if no person or entity enforces the limitations? Why have taxes in the first place if borrowing and deferring debt will do?” he asks.
Progressives say they are running Democrat agenda
Meanwhile, progressive lawmakers claimed credit for Biden’s agenda and said they are now running the party.
“Progressives are winning the battle of ideas. We are setting the agenda for the Democratic Party and the country as a whole. Let’s keep going,” former Elizabeth Warren campaign operative Max Berger said of Biden’s address.