by STEPHEN KRUISER
Because they live in an alternative universe that’s devoid of logic, the Democrats have decided that they want to make something called “Bidenomics” an issue for the 2024 presidential election. They’re so wrapped in a self-referential bubble that they believe President LOLEightyonemillion has been good for the American economy. So much so, in fact, that he should get a cool name attached to it.
It’s safe to say that none of the people involved in the telling of the Bidenomics tale have been to a grocery store in the last year.
As I am tasked with monitoring leftist bias in the mainstream media, I read the Opinion sections of The New York Times and The Washington Post every weekday. Both are filled with columns insisting that none of the inflation pain that we’ve all been experiencing is real. Paul Krugman at the Times has been particularly active in crafting the fiction.
His spin doesn’t help when we’re in the checkout line.
The American public is not buying the story the Democrats are selling about the economy, which Stacey wrote about yesterday:
The results clearly demonstrate that Americans are not happy, and the primary driver is the economy. Only 37% approve of Biden’s handling of the economy, while 70% disapprove of how the administration has addressed inflation. Seventy-five percent of respondents rate the economic conditions as poor, and 51% say the economy is still in a downturn and likely to worsen. Twenty-nine percent believe things are going well in America, with only 2% choosing very well. By way of comparison, in October 2020, during the height of the pandemic, 39% reported things were going well. In early January 2021, amid continued COVID-19 shutdowns, only 56% rated the economy as poor.
According to those polled, the economy is also far and away the most important issue facing the country, netting 44%. Personal finances are at the top of that list, with 19% concerned about the cost of living and inflation. Fifty-five percent reported that they are dissatisfied with their personal finances. When respondents were asked how the current economy impacted their financial habits, 71% reported changing what groceries they buy, 70% said they cut back on extras to afford necessities, and 50% canceled summer vacations.
Even with their Magic Mail-In Ballot Machine powers, the Democrats must be sweating the fact that the rubes in the hinterlands are paying more attention to their bank accounts than the spin coming from Team Biden.
Every Republican running for any office should be asking voters how much they spent on milk last week. Or eggs or cheese or meat — you know what I mean here.
If the Biden people want to stick with the “Yay Bidenomics!” approach, Republicans should do nothing to discourage it. When your enemy insists on shooting himself in the foot immediately prior to a race, don’t take the gun out of his hands.
Reload it for him if you have to.
Tell the Voters all about the Inflation under Biden and the unemployment and the Open Borders as well
Democrats are all about $$$$ for their friends and oversight for ….. no one?
Reedley Chinese COVID Lab Received Tax Credit of $360,000 From Gov. Newsom’s ‘GO-Biz.’
Then the gov’t lost sight of that lab so, later it was found without electricity, water, safety.
Code enforcement was called out after a neighboring business noticed a water hose from their back wall into the lab.
The Centers for Disease Control (CDC) conducted tests on the more than 800 chemicals found at the site and that over 20 infectious agents were found present, including Hepatitis B and C, streptococcus pneumonia, chlamydia, rubella, and Herpes 1 and 5.”
35 fridges were full of stuff but not working.
1/3rd of the genetically engineered to spread COVID-19 lab mice were dead at $800 a pop.
Yes.
Let’s make the bidenomics economy an issue.
Also let’s audit joe’s gifts to Ukraine since becoming pRez.
This indicates a complete lack of confidence that this incompetent regime can or will do anything necessary to recover the economy to Trump levels. During the reign of the Obama regime, they totally gave up trying to make any progress in improving their weak, lethargic, recession-prone economy and simply conceded that 1.2% growth was the “new normal”. High unemployment was the “new normal”. Low wages was the “new normal”. All it took was for Obama to be gone and someone that pledged to support the economy in his place to cause the economy to boom.
The Democrat geniuses behind this think that embracing “Bidenomics” will disarm the Republicans using it to hammer idiot Biden over his empty head with. It probably just makes people who are suffering from the poor wages, shortages and high inflation wonder if there is anyone in charge that knows what the F**K is going on.
Just before World War II, the Germans had a cruiser called Deutschland. Hitler became concerned that sinking a German warship named after the country might be a propaganda coup, so they renamed her Lutzow. Not that the Democrats have much to worry about regarding factual reporting by the Ministry of Propaganda, it still might not be such a great idea to put your name on such a stinking, disastrous economy, unless this is part of the DNC’s strategy to get rid of idiot Biden before all his treason and corruption craters the entire party.
What would you expect, given the 24/7 doom-and-gloom propaganda issuing forth from the right-wing disinformation machine?
09/15/23 – US economy going strong under Biden – Americans don’t believe it – Despite a strong economy, an exclusive Guardian poll shows mistrust in media and government means disbelief in both parties
Trump Republicans plotting to crash the economy:
Could? Who would they blame but the clowns that obviously caused it?
10/26/23 – US economy grows at fastest pace in nearly two years –
The gdp number is a phony number. It is all government spending. The government borrowed 600 billion this far in October.
And the fiscal year ending on September 30 had a 600 billion miss on tax revenues.
The Gross Domestic Product number represents the value of goods and services PRODUCED FOR SALE in the market, NOT dollars spent for them. Nor does it have an effin’ thing to do with “spiritual war fought in the material plane.”
Why are deficits rising? Because of f*cking morons who have insisted for 4 decades that tax cuts pay for themselves, when every new round has pushed the debt higher.
735 US billionaires have been the primary beneficiaries.
Infantile images are not actually rebuttals.
The sad thing is that if Trump’s base gets everything they want, they’ll be seriously f*cked.
Let’s see
The deficit for fidcal
year ending September 30 was 2+ trillion.
Revenue to the treasury was 4.4 trillion.
So, 2.6 trillion in deficits solely related to tax cuts? Humm.
The budget based on a CR was in the neighborhood of 5 trillion but we spent over 7 trillion. Where did that go?
Tax cuts over four decades. As that drove up debt, the cost of servicing the debt expanded faster and faster.
It’s all about the upward transfer of wealth. We never had this problem with the pre-Reagan progressive tax schedule. Once the repetitive pattern of high-end tax cuts and corporate tax cuts set in, everything went to hell. The super-rich STILL think their taxes are too high.
Why has the cost of servicing the debt increased?
Gee,
I wonder what factors go into the overall cost of serving the nations debt.
If there were no tax cuts between bush and Trump, how did obama accumulate so much debt?
Each tax cut over four decades was added to those that came before. The effect on rising debt has been cumulative.
Obama had to deal with the Bush recession—the worst and most prolonged downturn since the Great Depression—using traditional stimulus measures. Many red states would have gone bankrupt without massive federal cash infusions. They wouldn’t have been able to pay for basic services like fire and police departments, schools, hospitals, etc. Did they ever repay the federal government? Nope. They bitched about all the money Obama spent. Obama went out on the 75th consecutive month of job growth.
Trump buggered up the recovery by extending emergency stimulus measures—massive high-end tax cuts, corporate tax cuts, and near-zero interests rates—creating an unsustainable binge that made the richest vastly richer. Responsible economists warned that serious inflation would follow. That was even before COVID hit.
Poll: Less Than 1/4 Of Ohioans Support The Unlimited Abortion Outlined In Issue 1
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Comrade Greggie, let’s talk about your source, Center for American Progress, shall we?
Center for American Progress
Think tank headed by former Clinton chief of staff John Podesta
Helped launch Media Matters For America in 2004
Has extremely close ties to Hillary Clinton, Barack Obama, the Democratic Party, and George Soros
Helps formulate many Obama administration policies and talking points
CAP’s beginnings:
Investigative journalist Robert Dreyfuss wrote in the March 1, 2004 edition of The Nation: “The idea for the Center [CAP] began with discussions in 2002 between [Morton] Halperin and George Soros, the billionaire investor.… Halperin, who heads the office of Soros’ Open Society Institute, brought [former Clinton chief of staff] John Podesta into the discussion, and beginning in late 2002 Halperin and Podesta circulated a series of papers to funders.” The Capital Research Center reports that Podesta eagerly “took on the project of creating a new laboratory for liberalism.”
You, Comrade Greggie, would be hard pressed to find a more left wing Democrat Socialist organization. But then, that’s what you are so it is no surprise that you would use, as a source, an organization that has no problem pushing lies to further their goals.
His premise that debt is caused by tax cuts is without any merit. He is economically illiterate.
Tax cuts do not cause deficits or debt, full stop.
“Full stop” is where logic runs into the “tax cuts pay for themselves” barrier, regardless of the fact that it’s total nonsense.
It provides their base a cheap thrill that they’re “owning the libs.” It’s as phony as pro wrestling. In fact they haven’t done anything constructive since winning their pathetic little majority.