What Biden has done to 90 million Americans

 Warner Todd Huston:

Just over a year until we elect a president, a report finds that nearly 90 million Americans are struggling financially so much that they are having trouble making ends meet.

The Census Bureau’s Household Pulse Survey showed that 89.1 million people have problems paying all their monthly bills and expenses.

During the 2023 State of the Union address, Biden claimed to have created 800,000 new jobs and cut the deficit by $1.7 trillion.

Trump has blasted Biden over the data.

“Joe Biden has been a disaster for the economy,” Trump said on Truth Social. “Between his massive tax hikes, anti-energy crusade, and trillions of dollars in wasteful spending, Biden caused the highest inflation in almost half a century.”

“As a result, interest rates soared to crushing levels, and now we are seeing bank failures that nobody believed even possible just two years ago,” he said.

Things are going to get worse, according to financial experts.

Meanwhile, Joe Biden refuses to negotiate with Republicans on the debt ceiling debate because he wants to ramp up even more wild spending. And he is even floating fantasy ideas about using the 14th Amendment to force his will on Congress. But even his own Treasury Secretary says that the Amendment can’t be used for that.

...

Inflation is also driving up consumer debt as many of the poorer in the country are forced to borrow more money to cope with the prices.  Trump nails the problem. The real economy was much better under Trump.

Comments

Post a Comment

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

Washington Post: Some Democrats eye adding more justices to the Supreme Court to change its ideological bent The once-remote idea has gained the attention of liberals angered by the GOP push to remake the federal courts. Probably the easy way to defeat this court-packing scheme is for Trump to propose doing the same thing now.  It would lead to Democrat denunciations and claims that it would be wrong, thereby blowing up any attempt by them in the unfortunate event of Democrats winning a presidential election.
Read more

29 % of companies say they are unlikely to keep insurance after Obamacare

Conn Carroll: A new survey of 368 midsize to large companies found that 29% of them are considering terminating their active employee health care plans when Obamacare is full implemented in 2014. Only 71% of employers surveyed said they did not expect to drop their health coverage, while 20% said they did not know and 9% said they were planning to exit. The latest survey, conducted by Towers Watson, echoes an ealier survey by McKinsey & Co. finding that 30% of private-sector employers were planning to drop their employee health insurance coverage by 2014. When the Congressional Budget Office crunched Obamacare's spending numbers, they estimated that only 7% of employees currently covered by employer-sponsored plans would lose their plans. ... This means the cost of the health care fiasco will be hundreds of billions more than estimated by the CBO and Congressional Democrat. It is also clear that Obama's pledge that you could keep your health care plan if you wanted t
Read more

Bin Laden's concern about Zarqawi's remains

James Robbins: ... Bin Laden suggests that President Bush should allow Zarqawi’s body to be returned to his family in Jordan, but this is a matter that is up to the Jordanian government, which so far has not shown much interest in facilitating a homecoming. Bin Laden mocks King Abdullah II, calling him a Coalition minion, and asking “w hat scares you about Abu Musab after he’s dead? You know that his funeral, if allowed to happen, would be a huge funeral showing the extent of sympathy with the mujahedin.” A large crowd would definitely turn out, though most people would be on hand to demonstrate their anger and disgust. Last November’s hotel bombings in Amman , masterminded by Zarqawi, are still fresh in people’s memory, and mentioning them to Jordanians has the same visceral impact as memory of the 9/11 attacks does here. Jordan has adopted a zero-tolerance policy towards those who choose to mourn the country’s least favorite son, and four opposition members of parliament who paid con
Read more