When it comes to the American economy, things are going Joe Biden's way. Jennifer Rubin writes:
The Post reports: “Prices cooled again in November, rising 7.1 percent compared with last year, the smallest year-over-year increase since last December. They also climbed 0.1 percent over October, beating analysts’ expectations.” In addition, core inflation rose only 0.2 percent, “the smallest increase since August 2021, according to data released Tuesday morning by the Bureau of Labor Statistics.”
The Republicans ran on an apocalyptic economic vision during the midterms. But that vision -- like so much else Republicans spout these days -- was simply false:
President Biden on Tuesday took the opportunity to boast about the data: “In a world where inflation is rising at double digits in many major economies around the world, inflation is coming down in America.” He argued that this served as proof that “our economic plan is working.”
Biden also highlighted the 10.5 million jobs added during his presidency, including 750,000 in manufacturing. And he laid out his goals for the economy, which now seem attainable: “Get price increases under control without choking off economic growth; bring inflation down while keeping our labor market resilient; build an economy from the bottom up and the middle out.”
According to GOP gospel, all of that pandemic spending was a mistake, and Biden was steering the U.S. economy into a recession. Oh, and according to Republicans, Biden was somehow to blame for skyrocketing gas prices.
So where does that leave Republicans? All they have left is a seething need for revenge. And that is what they have wanted all along.
Image: Power Thesaurus
3 comments:
Republicans have never worked for the interests of the average American, so they conceal their true nature behind endless lies and culture wars. Reagan's story of libertarian freedom comes from the Gilded Age. It poses as the freedom of the individual from government control, but what it meant in practice a century ago and what it still means today, is the freedom to accumulate wealth without social or democratic responsibilities and license to buy the political system out from everyone else. Today's GOP is willing to go a step further than the Gipper by sending the country into authoritarianism. All to safeguard the interests of the obscenely wealthy as the reality of climate change kicks in.
Cap
Biden has done well with the economy. The Republicans may go on complaining about the Dems. and Biden, but they do need to say something, so when in doubt, attack. As the Supreme Court works to dismantle various laws, rights, etc. Biden and the Dems have worked out "work arounds". Dispite his age Biden might be good to go for another 4 years. The other question is: who would replace him as candidate. Desantos is now charging ahead in the Republican field, but who knows. One clip on a late night comedy show had clips of Desantos saying one thing about vaccines during the height of the pandemic and then his recent calls for an "investigation" into vaccines.
Back in the day I read a line in a book, "there are only 500 families in the U.S.A". they want to hang onto every nickel they have, pay no taxes, control everything. The Reppublicans want to be their party of choice and so they continue with the assault on the general public.
The old rule still applies, e.a.f: Follow the money.
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