Category: U.S. Economy

The 80 Million Voter Man Week-in-Review

Joe Biden and an Administration Barely Alive

The 80 Million Voter Man is no 6 Million Dollar Man. Photo courtesy of NBC.com

In the introduction to the 6 Million Dollar Man, you can hear the following:

Harve Bennett:
Steve Austin, astronaut. A man barely alive.

Oscar Goldman:
Gentlemen, we can rebuild him. We have the technology. We have the capability to make the world’s first bionic man. Steve Austin will be that man. Better than he was before. Better… stronger… faster.

In 2022 United States the introduction would be as follow:

The American People:

Joe Biden, President. A man barely alive.

Failed Democrat Controlled Government:

Gentlemen, we cannot rebuild him. We do not have the technology.

We do not have the capability to restore Joe Biden’s credibility. Joe Biden is a liar. A bigger liar than before. Worse, weaker…slower.

It has been an interesting week with the 80 Million Voter Man continuing to spread misinformation and blaming Russia for everything, from higher gasoline prices to the lack of baby formula for American citizens.

It seems Joe Biden cannot take responsibility for what is a failed administration. A broken border, a proxy war with Russia via Ukraine, the highest inflation levels in decades, higher consumer products prices, gasoline prices at record high and rising, shortages of baby formula for American citizens babies, you name it, it is Russia’s fault.

While the United States government, including Republicans, continue to send billions of dollars to Ukraine, and war monger Republican senator Lindsey Graham calls for an “all out” war with Russia, Americans continue to suffer and the people in charge of this country do not care.

This week was no different than the one before. Joe Biden went on a speaking spree throwing the same talking points, Russia this, Russia that, but with no viable solution in sight. He had nothing to offer but silly rhetoric and a bag full of lies.

While Americans are put in the position to choose between feeding their families or paying their mortgage, the Democrats continue to go the “social issues” route, from student loan debt forgiveness to abortion rights.

In the real world, the problems keeping Americans up at night are more pressing. Since January 2022, natural gas prices have tripled and new record highs of $4.40 per gallon of gasoline are making everyday life a lot tougher.

With the upcoming reversal of Title 42 things are going to get even more difficult. The influx of thousands of illegal aliens is going to overwhelm an already stressed system and it is going to put more pressure on social services meant for American citizens.

If you want a little preview, go no further than the current baby formula crisis. While shelfs are running empty, the United States government have horded large amounts of baby formula for illegal aliens at their detention facilities.

If you listen to the 80 Million Voter Man, you will think everything is fine, but is not. The Biden administration claims this crisis “is not new to the White House.” Were they aware and did nothing?

Who knows, maybe Joe has been hording the baby formula for himself.

Joe Biden claims he will speed up manufacturing process while cracking down on price gauging. Folks, he cannot do this, and he knows it. There is no evidence of price gauging, but plenty of evidence of government hording.

The Biden Food and Drug Administration shutdown the Abbott Nutrition Plant in Sturgis, Michigan for a whole month. They knew what was going to happen and if they did not, shame on them.

Another week ends with Joe Biden lying to the American people, blaming everything on Russia, funding a proxy war with Russia with money we do not have, and keeping American babies from accessing baby formula while illegal aliens, and their children, are well taken care of by the same government who neglects its citizens.

Another garden variety week from the 80 Million Voter Man.

Stay tuned for next week episode of the 80 Million Voter Man, I guarantee, it will not disappoint.

Banana Republic Economics

The Ongoing Failures of the Biden Administration and the Federal Reserve

Picture courtesy of bibliotecapleyades.net

Citing inflation, the United States Federal reserve has raised its base interest rate by 0.5% in addition to selling off its balance sheet of trillion of dollars.

This rate hike has been the biggest since May of 2000 under the fantasy that it will tackle the current, and upward going, inflation rate of 8.5%. If you believe this I have a bridge to sell you.

Fed chairman Jerome Powell was quoted as saying, “Inflation is much too high.” Really Mr. Powell? Is the failed economic policy of the Biden administration that has pushed inflation to an all time high, this is not rocket science.

Powell’s comments come with a caveat. He stated the policies “can only impact the demand side of things and not supply disruptions.” Yes, because supply disruptions are also the result of the Biden administration lack of planning and their ridiculous shutdown of our economy over a virus with a mortality rate lower than the seasonal influenza.

Powell went on to blame the supply issues on China’s Covid-19 lockdowns and the Ukrainian conflict. First, we have been living with Covid for the last two years, secondly, supply chain issues were in place long before the start of the Ukrainian conflict.

He admitted the rate hike may cause short term unemployment, but the fact is people are quitting their jobs. After two years of sitting at home and working remotely, employees are refusing to return to work and instead are resigning.

When government pays you better wages to sit at home than to actually produce something to earn it, some people are going to abuse it.

He stated, “the labor market is extremely tight.” Folks, the labor market is tight because people are refusing to return to work, period. With 11.9 million jobs available and only 6 million Americans looking for work, even with Common Core mathematics the numbers do not lie.

“There may be some pain for Americans.” That is an understatement.

Americans have been in financial pain since the Biden administration took over. The proof is clear, from higher energy prices to empty shelves at the grocery stores. Americans have been put in a position to choose between feeding their families or filling up their vehicles to go to work.

What this rate hike is going to do? Nothing! Is going to put more stress on everyday Americans. By raising interest rates on credit cards, making it harder for first time home buyers to afford a home, and food prices skyrocketing as supplies continue to shrink, choices are going to be tight.

The Federal Reserve will continue to raise interest rates until they hit their target of 2% inflation. We are at 8.5% and rising, this goal is unrealistic and actually will cripple American families even more so.

Meanwhile the democrats believe abortion is the thing that keeps Americans awake at night. This is Banana Republic economics, and it is going to get worse before it gets better.