How Biden screwed up the economy

 Washington Examiner Editorial:

Joe Biden had one job. He inherited a rapidly recovering economy and three approved vaccines for the novel coronavirus. All he had to do was sit back and watch his presidency succeed.

Instead, through inflationary overspending and radical anti-energy measures, he has slowed the recovery to a crawl. The price of gasoline is up 50% and third-quarter economic growth was a pathetic 2%. Biden now wants to make that even worse with still more overspending.

But Democrats keep providing reminders that, yes, it can always get worse.

The far Left now has its heart set on taking away not just the income but also the wealth of billionaires. It is a deeply stupid idea based on a form of class envy that most people just don’t feel.

Most people recognize that their lives are not at all made worse by the existence of billionaires — in fact, they create the billionaires in the first place, rewarding certain people’s innovations by purchasing their goods and services. Democratic politicians, on the other hand, seemingly ignorant of where their iPhones come from, use them to seethe and rage-tweet about those who are too financially independent for them to control completely.

This is why Democrats have graduated from double-taxing dead people through the inheritance tax to taxing live people for “income” they haven’t even earned yet

...

There is little intelligent life in the Biden administration or among the Democrats in Congress.  They are consumed with government greed and hope voters are too. 

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