“I’m here to declare fiscal conservatism is dead,” Mark Levin said Tuesday on his nationally-syndicated radio show.
“I’m very, very worried,” Levin said, discussing the bipartisan $2.2 trillion coronavirus relief bill (CARES Act) and the Trump Administration’s plans to expand government spending by trillions of dollars beyond that.
“We are all experiencing the effects of combining a real crisis with powerful lobbying,” Levin said, warning that it’s becoming increasingly popular, among Republicans and Democrats alike, to believe that the government can solve any problem by throwing more and more money at it:
“If you listen to what’s going on over there, in the administration, you can see it: ‘We need a massive infrastructure program – now’s the time!’ It was one trillion, now it’s two trillion: ‘It’ll put America back to work! We can do roads and bridges!’
“And, again, on my social sites, the commenters come in - not all of them this time, but enough of them - and think this is a swell idea.
“Right on top of the 2.2 trillion, so that’s 4.2 trillion. Right on top of the 4 trillion in loans that the Federal Reserve has now been empowered to issue – so, that’s 8.2 trillion. On top of the federal budget, which is another four and half trillion.
“So, that’s almost $13 trillion in one year, in an economy that was at least 18 trillion dollars.
“So, I’m here to declare: fiscal conservatism is dead. It’s dead. Limited constitutional government is dead. The vast majority of the American people supporting individual liberty is dead.
“Because, if you’re going to a Mark Levin social site, defending these things, well then I guess you’re more Bernie Sanders than you know.”
An ever-expanding federal budget funded by taxpayers won’t solve anything, so Americans should “embrace the things that grow the economy,” Levin said:
“And here’s the thing: it’s not going to help. Why don’t we embrace the things that grow the economy? Why don’t we embrace the things that advance entrepreneurship and the building of businesses and employing people and, as I say, contribute to growth.
“Massive amounts of centralized government decision-making; throwing money at people, students, or whoever that don’t need it, don’t deserve it – that doesn’t work.”