Bidens calamitous presidency
Desperate to bolster his record as election season approaches, Joe Biden is shouting from the rooftops about his handling of the economy. But even with the welcome news that inflation has dropped to 3 per cent and equities rallying, Americans aren’t convinced. His approval rating is at 41 per cent, close to the lowest level of his presidency – and the economy remains the number one issue.
Oblivious and tone deaf to these concerns, as usual, Biden has been trumpeting his economic victories. His critics respond with a litany of policy failures and missed opportunities that have left ordinary working Americans anxious for their finances. The inflation rate was just over 1 per cent when Biden took office; it peaked at 9 per cent last June, the highest level in four decades.
And while inflation has slowed, the price of staple goods is still soaring. Bread shot up nearly 12 per cent, frozen vegetables 17 per cent, baby formula and rents 8 per cent. While Biden brags about his record, families are struggling to feed their children. It’s no wonder Americans think the USA is heading in the wrong direction.
Part of the blame falls on Biden’s heavy-handed regulation, which has piled vast cost onto American businesses. Another might be attributed to mounting Government debt, which has soared past $32 trillion. The threat of increased taxation as the ranks of the IRS swell is creating a lingering sense of dread.
Biden can claim little credit for what has gone well. His “Inflation Reduction Act” was effectively a borrow and spend package pouring tax credits into so-called “green” technologies. While it’s likely to add $750 billion to the nation’s debt over the next decade, the University of Pennsylvania found that its impact on inflation was “statistically indistinguishable from zero”. The only real result in the near term is that it’s likely to slightly decrease short-term economic growth; at least something was reduced.
Wherever you turn, Biden’s calamitous presidency is turning into an American horror story. Reading and math scores are at their lowest levels in decades. Worker productivity is plummeting while drug overdose deaths reach record highs. Crime has people living their daily lives in fear.
And what’s Biden’s response to this? To tout his achievements. To preen about his record. Like so much else about his shameless presidency, his economic messaging is utterly out of touch with reality. It is almost unbelievable that this shambling mess is viewed as a re-electable candidate.
9 Comments:
Oh, don't cry big guy, it won't raise your chances of being worthless!
Our elected leadership and other government officials have gotten way out of control with their duties, obligations, spending, morals and integrity. Lying and extreme exaggeration has become a mainstay. Half-truths and flat out lies are becoming acceptable methods of operation. It doesn't matter if you are on the left or on the right. This administration is by far the worst I have seen in the last 45 years. WE THE PEOPLE deserve better. Next couple of voting dates, consider voting every single current member out and break the cycle of truth distortion and corruption. Don't vote in a career political sponge from the state level either. We need term limits and AGE limits.
Stop the insanity of making excuses for senility. Diane Feinstein and Mitch and Fetterman and Joe will never ever improve or be fully functional in their elected positions. They will continue to get worse. Period... Think about our country's future now, before complete stupidity takes fully over and we no longer have a nation with a meaningful Constitution. Just my 2 pennies worth
He was asked if he approved of trumps fake electors '!
I agree CDanaT, we do deserve better.
Yes, a calamity by every metric. CT well written truths as always TY!
Your hero just got indicted again!
lakerdummy he just got another 10 million guaranteed votes! 😂😂
but dumb sobs like lakerdummy, sparkley, and nosepicker, don�t see the tyranny. Hillary was guilty of much worse, President Trump and his admin could have skewered her but they didn�t. The demoncRATS have gone tyrannical and they will rue the days they did this.
Proving again, the TRUTH does come out!
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