The Biden Recession Has Arrived
Posted By: RockyTCB, 6/16/2022 8:16:41 AM
No doubt about it, the economic news in recent weeks has been relentlessly negative. Indicator after indicator shows activity plunging sharply in key parts of the economy. Now, a widely followed indicator signals economic growth is likely to be zero in the current quarter, after the first quarter’s “unexpected” 1.4% decline. Buckle up, looks like we’re entering a recession, folks. Let’s review just some of the economic carnage of recent days: The Fed raised interest rates by 3/4 of a percentage point on Wednesday, the largest hike since 1994,
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The 1973 Roe v. Wade abortion decision, it’s fair to say, is one of the most divisive in the history of the U.S. Supreme Court. And the media have largely played up that divisiveness. But a new I&I/TIPP Poll shows that while Americans show deep splits over abortion, their opinions about the controversial medical procedure are far more nuanced than media accounts suggest.
A new Supreme Court ruling on Roe is due any day now. Based on a leaked draft of an earlier version of that decision, it seems highly likely that Roe will be overturned.
With this in mind, the I&I/TIPP Poll asked
The Clintons are back at the top of the news, claiming in recent separate interviews that we are at risk of “losing our democracy.” Of course we’re not a democracy, and shrieking about “losing” it is the Democrats’ cover for their campaign to achieve absolute and unchallenged political power in this country. And no one is more to blame for that than the Clintons.
In an interview with talk show host James Corden, a hopelessly silly man who apparently fawns over every Democrat he talks to, Bill said he believes “there’s a fair chance that we could completely lose our constitutional democracy for a couple of decades
Today the Democratic House takes a strong step to bring down crucial kitchen table costs of the pump and grocery store and across the board.”
That’s the transcript of what House Speaker Nancy Pelosi said on the House floor before all but five of her fellow Democrats voted for the “Lower Food and Fuel Costs Act” last week.
Pelosi’s garbled syntax aside, the only thing this bill would lower is the public’s trust in anything Democrats say these days. Despite its title, this bill would expand government but do nothing – repeat, nothing – to lower prices today, tomorrow, or any time in the future.
If there’s a topic uppermost on most people’s minds today, it is certainly the surge in inflation over the past year. Soaring prices have affected virtually every person in the country. And Americans say they know who’s responsible: President Biden. Surprisingly, that includes more than half of all Democrats, too.
May’s 8.6% annualized inflation rate, the highest in 40 years, shocked financial markets and alarmed consumers and workers alike. As we’ve been reminded over the years, inflation acts as a tax on everyone, lowering standards of living, raising costs across the board, and eroding the very foundations of a productive economy. And once entrenched, it’s very difficult to get rid of.
The Biden Recession Has Arrived
6 replies
No doubt about it, the economic news in recent weeks has been relentlessly negative. Indicator after indicator shows activity plunging sharply in key parts of the economy. Now, a widely followed indicator signals economic growth is likely to be zero in the current quarter, after the first quarter’s “unexpected” 1.4% decline.
Buckle up, looks like we’re entering a recession, folks.
Let’s review just some of the economic carnage of recent days:
The Fed raised interest rates by 3/4 of a percentage point on Wednesday, the largest hike since 1994,
On day 487 in office, President Joe Biden set a new record. He has the lowest approval rating of all presidents at this point in their presidencies since Gallup started tracking this in 1945.
According to Gallup’s Presidential Job Approval Center, just 41% approve of the job Biden is doing. That’s worse than Gerald Ford, or Lyndon Johnson, or even Jimmy Carter on day 487. Much worse than Ronald Reagan, the Bushes, Bill Clinton, or Barack Obama.
To add insult to his injury, Biden’s approval rating is now lower than Trump’s was at this point in Trump’s first term. Biden’s oh-so-presidential response to his cratering support: he is “seething.”
Inflation in May hit 8.6%, the highest level since 1981, much higher than the expected 8.2% increase, and despite all the “expert” predictions that inflation had already peaked.
Is it any wonder that nobody believes what the elites tell us anymore?
President Joe Biden said on Friday that he “is going to continue to do everything we can to lower the prices for the American people.” Like what? By attacking oil companies and blaming Putin? If the experts were right, Biden wouldn’t have to do anything, because they were all exclaiming in April that inflation had peaked and would soon be heading downward.
Fewer than half of all Americans are convinced that the Democrats’ Jan. 6 Commission is making an honest attempt at discovering the truth about the mostly peaceful political demonstrations that took place on Capitol Hill that day, the latest data from the I&I/TIPP Poll show.
Some 44% of Americans said they were either “very confident” (21%) in the committee’s investigation or “somewhat confident” (23%) that the Democrat-dominated Jan. 6 Commission “will make a genuine effort to uncover the truth.”
The online poll of 1,310 adults was taken from June 8 to June 10. It has a margin of error of +/- 2.8 percentage points.
It’s bad enough that someone in America could become so unhinged by nonstop far-left media propaganda that he’d try to kill a Supreme Court justice. But far worse is the blasé reaction by the Democratic Party and its extreme-left pro-abortion allies to the attempted murder of Justice Brett Kavanaugh.
Following his arrest in the early hours Wednesday, Nicholas John Roske told federal law enforcement officials that he intended to kill Kavanaugh. He was, he said, angry that the Supreme Court might soon overturn the Roe v. Wade abortion decision — which, by the way, would only mean that states,
The New York Post reports that YouTube deleted a video it posted about the Jan. 6, 2021, incursion into the Capitol building.
“In the video, Aaron Mostofsky, son of a Brooklyn Supreme Court judge, explains why he was compelled to come to the Capitol, namely ‘to express … [his] opinion as a free American … that this election was stolen’,” the Post says.
YouTube’s censors says they deleted the video because “it’s our job to make sure that YouTube is a safe place for all,” and that “content that advances false claims that widespread fraud … changed the outcome of the U.S. 2020 presidential election is not allowed.”
"Deliberate and intentional. Two words you can expect Republicans to utter a lot more as they make the case that what ails America now isn’t an accident. It’s Joe Biden’s design.”
That’s how Just the News’ John Solomon characterizes the shift in tone among Republicans in the runup to the midterm elections this fall. The leftist media is sure to attack this sort of language as crazy and dangerous QAnon conspiracy talk.
But ask yourself, what would Biden be doing differently if his goal was to purposely send the country into a tailspin?
Have We Become Amerika?
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A 1987 television miniseries that visualized the condition of the U.S. a decade after the country had surrendered to the Soviet Union was probably not far off the mark. Life in “Amerika” was nothing like life in America before the Soviet takeover. Though the USSR no longer exists, life in this country in 2022 feels like Amerika due to transformational changes brought by virulent inside influences, just as Nikita Khrushchev said would happen.
The U.S. is not a single-party state. There are pockets of resistance to the progressive agenda, most notably in Texas and Florida. But the effort
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Soccer star Megan Rapinoe says parents need to realize their children’s sports just aren’t “that important.”
The former Subway spokeswoman gave a recent interview in which she chastised parents for making a big deal out of trans athletes in girls’ sports.
“I would also encourage everyone out there who is afraid someone’s going to have an unfair advantage over their kid to really take a step back and think what are we actually talking about here,” the 36-year-old said. “We’re talking about people’s lives. I’m sorry, your kid’s high school volleyball team just isn’t that important.”
A new, two-story afro pick statue was unveiled in New Orleans on Friday in honor of Juneteenth, but while Mayor LaToya Cantrell called the structure “breathtaking,” not everyone sees it that way.
"As Juneteenth approaches, we celebrated with an unveiling in Lafayette Sq," Cantrell tweeted about the 24-foot tall hair pick that has a clenched “black power” fist on top. "This sculpture is very fitting for this time & place as we celebrate the freedoms that we have gained We know that it doesn’t come without struggles, fights, and protests for 200+ years."
The imposing pick is part of the Monumental Tour, a traveling exhibition of large-scale outdoor works by Black artists.
Only a “massive” and immediate scaling-up of funds and humanitarian relief can save Somalia from famine, a UN spokesperson has warned, as aid workers report children starving to death “before our eyes” amid rapidly escalating levels of malnutrition. In a message to G7 leaders who are meeting from Sunday in Germany, Michael Dunford, the World Food Programme’s (WFP) regional director for east Africa, said governments had to donate urgently and generously if there was to be any hope of avoiding catastrophe in the Horn of Africa country.
“We need money and we need it now,” said Dunford.(Snip)Last year, the UK and other G7 leaders promised to provide $7bn
Barack and Michelle Obama's multiyear deal with Amazon's podcast platform Audible is worth at least $20million, experts have claimed.
The couple will have to contribute two shows and appear in up to eight episodes each, the industry insiders said.
The move will give the former first lady the scope to make less personal appearances than what was wanted under their former partnership with Spotify, the sources said.
Audible said the pair plan to use their new platform to 'tell stories that elevate diverse voices and and experiences'.
The Obamas cut ties with Spotify after reportedly clashing with the streaming giant over exclusivity and how much they were expected to appear in episodes.
CNN legal analyst Jeffrey Toobin ignored recent examples of progressive violence when he went on "At This Hour With Kate Bolduan" on Wednesday to condemn "the pervasiveness of right-wing violence."
Toobin appeared on a panel discussing the ongoing Jan. 6 hearings and potential connections to former President Donald Trump. In the latest hearing by the Jan. 6 Committee on Tuesday, state officials testified that they received several threats and attacks from people after refusing to overturn the 2020 election results.
Toobin argued those threats were further proof that "right-wing violence" is now pervasive throughout the country.
Well, it happened. The Republican Party decided to play nice, try to get some good press with a media establishment that hates them, and join the legions of the righteous and blessed by hashing out a gun control bill during a midterm election cycle. Is everyone up there hitting the crack pipe? What are we doing? What the hell is this? We have category five hurricane gusts to our backs heading into November—and the GOP decided to do what it does best: find a new way to blow it.
The economy is primed to enter a recession as the second-quarter report is bound to show another period of economic contraction.
Biden Celebrates His Green Policies that
Will “Take Millions of Cars Off the
Road” (Video) 29 replies
Will “Take Millions of Cars Off the
Road” (Video) 29 replies
Joe Biden on Wednesday delivered remarks on soaring gas prices from his fake White House set in the South Court Auditorium.
Biden repeated the same lies in his speech and blamed Vladimir Putin for high gas prices.
“Let’s remember how we got here: Putin invaded Ukraine,” said Biden.
This is a lie.Gas prices spiked before Putin invaded Ukraine. [Chart] Even Biden’s Fed Chair Jerome Powell on Wednesday fact-checked Biden’s lies on rising prices.
“I promise you I’m doing everything possible, everything possible to bring the price of energy down,” Biden said.
More than 21 million paper tax returns are still waiting for processing by the Internal Revenue Service, as the tax agency struggles to swiftly disburse refunds to American households, according to a watchdog report released on Wednesday. Most taxpayers file their returns electronically, but millions of others — disproportionately the elderly — still fill out their returns manually. National Taxpayer Advocate Erin Collins said in her report that the IRS backlog this year is 21.3 million paper returns, 7 percent more than the 20 million that were awaiting processing at the same time last year. The report may add to the political
Democratic Congressional Staffer Caught
Vandalizing Posters in Capitol; DOJ won’t Prosecute 24 replies
Vandalizing Posters in Capitol; DOJ won’t Prosecute 24 replies
A congressional chief of staff was caught vandalizing property within the Capitol Hill complex, but despite recommendations for criminal charges from Capitol Police, the Department of Justice (DOJ) has refused to prosecute him.
Just The News reports that 51-year-old Timothy Hysom, the chief of staff for Congressman Jack Auchincloss (D-Mass.), was arrested by Capitol Police after he was caught on surveillance camera footage defacing posters outside the office of Congresswoman Marjorie Taylor Greene (R-Ga.) in the Longworth House Office Building.
Capitol Police additionally revealed that they believe Hysom to be involved in as many as seven different incidents of posters being defaced outside Greene’s office
First New Hampshire Poll Delivers Unexpected
Result Between Ron DeSantis and Donald Trump 23 replies
Result Between Ron DeSantis and Donald Trump 23 replies
We haven’t even had the 2022 election yet and talk of 2024 is already heating up. Naturally, Donald Trump remains at the top of the conversation on the Republican side, but Ron DeSantis has become nearly as talked about as a probable challenger. The latter has burst onto the scene the last two years as a no-nonsense, fighter of a governor who also has a knack for making the liberal press look ridiculous. Those are skills that GOP voters love, and they’ve earned DeSantis high marks nationally from the Republican base. That he’s also become the leader in the culture wars has only caused his star to rise further.
Just how far has he risen? The first primary poll
Elections will not legitimize any government if they are rigged. We must end the absurdity whereby a private corporation can be hired to count our votes and then refuse to prove to us exactly how it got the final numbers. If the system is not completely transparent and auditable, you can never be confident in it. You can be completely justified in suspecting that it is fraudulent. When the public no longer trusts those who count the votes, then the outcome will be chaos.
The 2020 election was rigged, but it is not up to us to prove that.
Polio may be spreading in the UK for the first time in nearly 40 years, health chiefs warned today as they declared a 'national incident'.
Officials have found traces of a vaccine-derived version of the virus in sewage samples in parts of London and say it is 'likely' transmitting within the community.
Parents are being urged to ensure their children are up to date with their polio vaccinations, particularly after the pandemic when school immunisation schemes were disrupted. All British children are supposed to have had the first of three polio jabs as a baby (Snip) The remaining, type 1, wild polio remains endemic in only two countries, Afghanistan and Pakistan.