Biden blaming others for his screw-ups
Joe Biden’s economic worldview is proving to be a grand illusion. Spending trillions of dollars to “stimulate” the economy has done nothing except stimulate inflation. And at least part of the reason for America’s supply chain bottlenecks is due to the administration’s green policies and overregulation of ports.
But Biden’s presidency depends on finding scapegoats to blame for the nation’s economic woes. So he has directed the Federal Trade Commission to “investigate” why prices at the gas pump are so high and also why the supply chain is such a mess?
It’s desperation time for the White House, and using the FTC to find something that the president can use to blame others for his problems is about all Joe Biden has left.
Now, Biden has ordered the FTC to investigate the “profit margins” of major retailers. He wants people to believe that retailers are taking advantage of inflation to raise prices unnecessarily. “Excess profits” for the oil companies are also under FTC review.
Are we detecting a pattern here? The easiest charge to level is that companies are “greedy” and overcharging for their products. No real proof is needed. Consumers have been programmed by left-wing media to believe it since birth.
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Retailers don’t own any of the scores of ships waiting to unload their cargo at various ports around the country. They don’t run the longshoreman’s union or manage any of the ports of entry. It’s ludicrous for Biden to be investigating retailers and trying to make them responsible for the supply chain crisis when it is they who are losing money because of the supply chain snafus.
The FTC investigation is a fishing expedition hoping to find something — anything — that the administration can use to blame retailers for the supply chain problems.
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It is what Democrats do to avoid responsibility. Biden is one of the worst at doing this kind of deflection. At best he is buying time while running up the cost of doing business for retailers. Biden should be looking in the mirror. His energy policies are running up the cost of getting goods to the market and for consumers. His profligate spending is also driving up prices. One thing you should be able to count on is that Biden will not take responsibility for his screw-ups.
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