Opening Insights: Increasing Spending
Hypocrisy is the audacity to preach integrity from a den of corruption.
WES FESLER
Based on a Moody's analysis, Biden's full agenda, combined with the bipartisan infrastructure deal, would cost roughly $4.5 trillion and create 20 million jobs over a 10-year period.
https://justthenews.com/government/congress/bidens-infrastructure-proposals-would-cost-225-million-job-based-moodys
An article by Just the News reports on the current presidential administration's intended plans for addressing the massive unemployment problem in the United States. Read on to review that plan and discover a proven alternative.
Informational Insights: Figures Don't Lie
The following article was published by Just the News, "committed to just reporting facts from journalists with a long record of public trust and excellence." It was written by Nicholas Ballasy, Senior Correspondent for Just the News.
The White House and Democratic leaders are touting a Moody's Analytics report on President Biden's Build Back Better agenda and the bipartisan infrastructure framework, which the organization estimates will "contribute to the creation of 14.4 million more jobs during his term and 20.1 million through the end of 2031."
"According to a new report from Moody’s this morning, the president's bipartisan infrastructure framework and Build Back Better agenda will add almost 2 million jobs per year on average across the whole decade, while accelerating America's path to full employment and increasing labor force participation," read a White House press release on Wednesday.
Democratic congressional leaders are working on a $3.5 trillion reconciliation bill that includes policies in Biden's Build Back Better agenda such as universal pre-K, tuition-free community college and financial support for childcare. The reconciliation bill is separate from the bipartisan physical infrastructure framework that Biden has endorsed, which is estimated to cost about $1-$1.2 trillion.
Biden's proposed policies can be expected to "contribute to the creation of 14.4 million more jobs during his term and 20.1 million through the end of 2031," Moody's projects. "Under the infrastructure deal and reconciliation package, employment increases by 12.9 million during his term and 19.1 million by year-end 2031."
Marc Goldwein, senior vice president and senior policy director for the Committee for a Responsible Federal Budget, said there are multiple ways to interpret the job growth projections in the Moody's report. The sum of jobs added through 2031 is one way, and the other is to look at the projected job growth for each individual year through 2031.
"People think of jobs in different ways," he said. "How many year jobs are they creating is another way to think about it, right? How many jobs in each year? The 20.1 million is the total over 10 years. So it's basically per job years created. You could divide that."
During speeches promoting his infrastructure proposals, Biden has promised the plans will create "good-paying union jobs" for more Americans.
Based on the projections in the report, Biden's full agenda, combined with the spending in the bipartisan infrastructure deal, would cost $225,000 per job added over a 10-year period ($4.5 trillion divided by 20 million jobs).
Goldwein said dividing the total infrastructure spending package by the total number of projected jobs created is "a reasonable way to think about it, but that's not the only thing the money does."
"The money has a lot of goals besides just job creation, but it is one thing it does," he said.
The bipartisan framework and the Build Back Better reconciliation bill have not been drafted into formal legislation yet. The bipartisan framework failed during a procedural vote on Wednesday.
"Around here, we typically write the bills before we vote on them," Senate Minority Leader Mitch McConnell said. "That's the custom. Of course, here in the Senate, a failed cloture vote does not mean no forever."
Just the News reached out to the authors of the Moody's report and asked if their projections would change once the formal legislative language of the proposals is available for review. Just the News also asked if Moody's has estimated total job growth through 2031 without the reconciliation bill and bipartisan framework factored into the projection. We did not receive a response before publication.
Goldwein said he has some issues with the Moody's report.
"The report seems to be based on, sort of, an idealized version of what's happening," he said. "They count all sorts of offsets for the bipartisan infrastructure framework that aren't actually going to save any money. We'll see what negotiators come up with. I'm optimistic that on Monday they're going to come out with better offsets, but right now they're counting stuff like unemployment savings from states cancelling benefits that already happens as if it's new savings."
Goldwein said the bipartisan framework estimates that the government will reduce unemployment fraud so much that unemployment insurance spending will be 45% lower in 2031 than it otherwise would be.
"There's no way that half of the program is fraud," he said. "Some of these assumptions don't hold up when you actually look at the legislation."
Senate Majority Leader Chuck Schumer said on Wednesday that he wants to pass both proposals by the start of the August recess.
"I have every intention of passing both major infrastructure packages — the bipartisan infrastructure framework and a budget resolution with reconciliation instructions — before we leave for the August recess," he said. "That’s the schedule I laid out at the end of June. That’s the schedule I intend to stick to."
Senate Finance Committee Chairman Ron Wyden said on Tuesday that he expects a final filibuster-proof budget reconciliation bill to pass out of Congress by the fall.
https://justthenews.com/government/congress/bidens-infrastructure-proposals-would-cost-225-million-job-based-moodys
This article originally appeared in JUST THE NEWS: Biden infrastructure plans could cost a projected $225,000 per job created through 2031
Big Spending
More jobs sounds good, right? America needs a boost to get back in top-performing condition after the COVID-19 lockdown of 2020/2021. The Biden administration's plan for creating 20 million jobs over the next 10 years has a staggering $4.5-trillion-dollar cost of implementation.
The US was already deep in debt before COVID-19 and now the current administration intends to increase that with a spending bill that would double our current federal deficit of $2.2 trillion.
Where you gonna get the money Joe?
America is currently reviewing the president's plan, which will cost them greatly (ahem, massive tax hike), but do they have anything else to which to compare it to? Are there any better options?
You Don't Always Need to Spend Big to Build Big
The Biden administration is proposing to spend $4.5 trillion dollars to add 20 million jobs over a 10-year period. The bill is being voted on as this is being written. Simple math shows that it would cost roughly $225,000 per job created by this plan.
According to the Bureau of Labor Statistics (BLS), the median wage for workers in the United States in the fourth quarter of 2020 was $984 per week or $51,168 per year (assuming 52 weeks of work per year).
https://www.thebalancecareers.com/average-salary-information-for-us-workers-2060808
It is crazy to spend nearly a quarter million dollars in order to create a job that will likely only pay $51,000 per year. Besides, where is the money going to come from? Is President Biden planning to sell off parts of the US to China in order to raise the money, or just drive the national deficit up and let our children pay for it?
Even if this plan successfully creates the 20 million jobs, will there be anyone willing to fill those positions?
An article by the Daily Wire reports: 1.8 Million Americans Have Turned Down Jobs To Stay On Unemployment. The cause of this shocking condition is defined and measured by recognition of the presence of Adaptive Resistance (AdR™) in individuals. AdR™ is a direct result of big tech, media propaganda, and social engineering.
Read Social Engineering to see how this conditioning happened to us.
Social Engineering
Symbiotic Community Partnerships
AwareComm® is neutralizing the AdR™ conditioning and is creating jobs for little to no money. By starting with Value-Based Capitalism that is self-funding, self-perpetuating, and self-regulating, AwareComm® is developing Symbiotic Community Partnerships between profit-based and nonprofit organizations.
We could spend $4.5 trillion to grossly inflate the size of our government and pad the pockets of those standing to profit from the Biden administration's spending bill...
Or...
We could apply the principles of the Value-Based Capitalism model in towns and cities across the county using a breakthrough in methodology/technology. This plan is rooted in the principles of entrepreneurship where individuals, "Do what they love, so they can love what they do."
The AwareComm® methodology/technology uses a blend of AI + BI + HI + SI to create AdI™ and is fully developed, tested (in various industries), proven (third-party evaluation), and already paid-for.
It Works Because We are...
Solving the REAL Problem, Not the Symptom
To stand against the immense power behind the technology, internet and financial organizations in charge of our government, media and education institutions we must get smarter and do it together.
AwareComm® offers a platform that provides the resources and the guidance to meet this challenge.
It’s not just that we need a solution, in this new environment nobody will trust, everybody is angry, nobody listens, commerce stops, efficiency diminishes, nobody cares.
Our culture consists of perception, attitude, thinking and behavior and we have created a culture now rooted in distrust, fear and anger.
The following models illustrate the psychology of fear and control
being used to force America to its knees.
Once people are conditioned emotionally to accept fear as a foundation perception, they become willing candidates to accept the principles of control. Thus, they become slaves to the authority, that being government, propaganda or social media influence.
Whatever we do, however we do it, this becomes the basis for how we will build relationships at home, work, worship and play. These models will permeate all dimensions of our lives and must be reversed if our communities and our country are to survive.
The Real Solution: Founded in Spiritual Principles
A real solution, fully developed (tested, proven and paid for), is found in AwareComm's proprietary Adaptive Intelligence (AdI™) algorithm.
The AdI™ algorithm aligns with the intent of Pope Francis's call for a 'Good Algorithm,' to reverse the damage done by the irresponsible use of technology.
Rebuilding Community Commerce - - Rebuilding the Soul of a Community
AwareComm's AdI™ algorithm is available in a community Collaboration Laboratory (Co-Lab™) Research and ePublishing Institute, where people learn to take charge of their communities by transcending adversity to diversity and solidarity through the application of responsible commerce. Success is assured by applying the principles of Adaptive Intelligence to entrepreneurial thinking using socially responsible capitalism.
What comes from an established foundation of commerce rooted in spiritual principles and AdI™ is a new business model. This business model, for the application of Socially Responsible Capitalism, is our theme and driving inspiration.
A Co-Lab™ is the implementation mechanism of the result of 30+ years of field research.
Co-Labs™ create an environment conducive to learning, solidarity and change (old ideas are more quickly learned and new ideas are more quickly accepted and implemented).
Our Next Step
The AwareComm® Team is attracting partners in order to awaken in the people a desire for peace and solidarity as a way to fulfill their personal needs.
Through a careful blend of AI + BI + HI + SI the Co-Lab™ Research Institute has the correct balance of technology, methodology, human understanding, spiritual principles and data science to put us on the right track to individual social and cultural empowerment.
Due Diligence classes offer a deeper dive into the Co-Lab™ Research and ePublishing Institute to determine if this philosophy is effective for your community. You will learn:
- The logical power of the AI + BI + HI + SI = AdI™ algorithm for communication and learning
- The communication power of Co-Lab™ Research and ePublishing Institute to provide secure:
- self-funding
- self-perpetuating
- self-regulating networks
- The commerce power of Socially Responsible Capitalism, blending nonprofit and commercial applications
- The application of Social Partnerships, bringing ethical business principles to overcome social challenges
- The joy, satisfaction and pride of taking a role in returning our world to a state of freedom and opportunity - being proud to be a patriot
Inviting Potential Partners
For more information
and to receive your invitation to a Due Diligence class
email: SOS@AwareComm.com