Tulsi Gabbard warns of long-lasting impact from Biden’s excessive spending.
Former Hawaii Rep. Tulsi Gabbard Warns of the Impact of Bidenomics on America and the Military-Industrial Complex
President Joe Biden’s “Bidenomics” campaign platform, aimed at growing the economy from the middle out and the bottom up, is failing the American people, according to former Representative Tulsi Gabbard. In an interview on Fox News’s The Ingraham Angle, Gabbard offered her own definition of Bidenomics.
“[Bidenomics is] a national socialism where we have government bureaucrats and politicians partnering and colluding with these massive cult corporations and the ultra-rich to make these business deals, picking winners and losers that serve their own self-interest and the interest of the power elite at the cost of the well-being of the American people not only today but in the increasing debt that they are incurring that will affect us for generations to come,” Gabbard said.
As a veteran, Gabbard highlighted Biden’s military spending as a prime example of his administration’s tendencies.
“They have essentially a blank check, an unaccounted amount of spending of taxpayer dollars, and if you or I or anyone else says, ‘Hey, is all that you’re spending actually strengthening our national security? Is this serving the best interests of the American people? And maybe perhaps we should know where every dollar is being spent.’ If we say that, we are at risk of being called unpatriotic,” the former representative said. “And so people aren’t even allowed to challenge or question where this spending is going and how it’s benefiting the American people.”
According to the Bureau of Labor Statistics, consumer prices have increased by nearly 16% since Biden took office. Additionally, year-over-year inflation has been on the decline. The Federal Reserve recently intervened by hiking interest rates to a range of 5.25% to 5.5%, the highest since the collapse of the dot-com bubble in early 2001.
It is crucial to closely examine the impact of Bidenomics on America’s future and the military-industrial complex, as warned by Tulsi Gabbard.
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