Bidenomics: The Left’s Latest Alibi
American Spectator,
by
David Catron
Original Article
Posted By: Garnet,
6/13/2022 3:51:13 AM
If you are among the 8 in 10 Americans who believe the economy is tanking, relax. Never mind that the consumer-price index just hit 8.6 percent. Ignore skyrocketing gas prices. Forget that the gross domestic product shrank at an annual rate of 1.5 percent in the first quarter of 2022 and is expected to shrink further. Disregard the collapsing supply chain highlighted by empty shelves in the grocery store. Dismiss the dizzying descent of the Dow Jones Industrial Average. According to the White House and the legacy media, none of these things matter. The real problem bedeviling the economy is bad vibes.
Reply 1 - Posted by:
Trigger2 6/13/2022 3:59:42 AM (No. 1184219)
Joey is so incompetent that he would fail to successfully run a lemonade stand.
9 people like this.
Reply 2 - Posted by:
DiegoDude 6/13/2022 5:18:20 AM (No. 1184236)
I'm not even getting a kiss and a candlelight dinner for the screwing I'm getting now. How can I sit back and relax?
10 people like this.
Reply 3 - Posted by:
jeffkinnh 6/13/2022 6:30:53 AM (No. 1184269)
If Brandon's economic disaster wasn't so painful and causing so much damage to the most economically vulnerable, this would be very amusing. The Brandon crew seems to be be using chicken blood and bones to predict our economic future. When their Voodoo fails, they cast about, looking for evil spirits. Hysterical consumers, that's the cause not to mention the always evil spirited Republicans casting curses against Brandon and his followers. Yellen is probably busy making a Putin doll to stick pins in. The priests and priestesses of the progressive cult have started their chanting, hoping to beguile their audience. You can hear the incessant drums beating.
The problem is, most of the American people are not part of the progressive faith and even those who tend to lean with interest to their economic paganism are being repelled by the administration's unfettered charge to their extremes. The progressives meanwhile religiously adhere to the tenants of their faith, no matter the repeated evidence that their gods have abandoned them, or never existed in the first place.
9 people like this.
Reply 4 - Posted by:
F15 Gork 6/13/2022 6:32:54 AM (No. 1184271)
Whistling past the graveyard. “Jean-Pear” reminds me of an old raggedy Ann doll with a head full of cotton and little else. Where do we get such men?
7 people like this.
Reply 5 - Posted by:
Krause 6/13/2022 7:04:46 AM (No. 1184288)
The one thing the people never get from the Dems is prosperity, like we had under Trump.
11 people like this.
Reply 6 - Posted by:
homefry 6/13/2022 7:47:41 AM (No. 1184323)
It is absolutely true that the economy can be talked down, dim-0s have done it many times with the help of their P.R. branch, the msm. For instance, when they wanted to oust GHW Bush, they insisted the economy was in the worst shape in history. It worked, klinton was elected, but on his first day as prez, the economy was growing at better than 4%.
Conversely, on klintons last day, when they praised the economy as the best in history, we were actually in recession.
7 people like this.
Reply 7 - Posted by:
varkdriver 6/13/2022 7:59:05 AM (No. 1184336)
As the late, great Ross Perot would have described Joe:
"He couldn't organize a two-car funeral."
4 people like this.
Reply 8 - Posted by:
MDConservative 6/13/2022 9:58:38 AM (No. 1184433)
FTA: “Wasting precious dollars that could be better spent can’t possibly be worth the risk of igniting high inflation again.”
High inflation is already baked into an economy that operates on government decree and fiat money handed out by government. There are a dozen other factors, but ultimately it's about fiscal policy, and the cat is out of that bag. Politicians can, as they have in the past, blame all sorts of things for inflation and other economic maladies, and claim there's nothing they can do. And "true believers" will believe. The truth is that politicians create these problems because it is better to give than receive, and blame the gods. The medicine is bitter, very bitter, the sort politicians avoid prescribing or taking. It's a recession.
From Nixon to Reagan, each administration carefully avoided one and fought the Fed to ensure one did not occur. Better the devil of inflation than the satan of recession. Until Reagan and Volcker teamed up to finally get the economy back in balance the American public suffered. I expect nothing different this time around. Where will we find the next Reagan-Volcker team?
2 people like this.
Reply 9 - Posted by:
bad-hair 6/13/2022 10:04:29 AM (No. 1184440)
As much as I dislike James Carville and have had the opportunity to tell him to his face.
Truer words may never have been spoken than "It's the economy, stupid."
Tick Tock November. And FJB
2 people like this.
Reply 10 - Posted by:
bad-hair 6/13/2022 10:09:16 AM (No. 1184447)
PS LOL #7
Or perhaps slower than a Guatemalan funeral with one set of jumper cables.
3 people like this.
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