Thursday, October 28, 2021

Let's lower our expectations!

Joe Biden's Economy Face-Plants Again as New GDP Numbers Cause Concern

We were told to lower our expectations by The Washington Post, and that’s certainly the story of the latest GDP numbers. Expectations were missed by a full 25 percent, as the third quarter figure came out to just 2.0 percent growth in what is supposed to be an organic recovery. That’s down a whopping 70 percent from the 6.7 percent the country saw in the second quarter. Consider this another “let them eat ice cream” moment for the Biden administration.

Well following in the footsteps of his former boss, we are now back to embracing 2% GDP growth. Given the enormous back up of demand at this point, all we need is a competent leader at the helm to guide our supply and we should be seeing massive growth. Unfortunately our Secretary in charge of these things is on paternity leave and even if he was there, he literally has no actual experience in such things. He was mayor of a medium size town for god's sake. 

But this is part of the problem with having our top executive believe that his job is to simply pass large amounts of spending bills and put the country in unprecedented deficits and debt. The job of any top executive is to govern. To be in charge of things as they come up. To think on the fly and to basically run the country (as you would run any company or business).  There seems to be this false impression that the job of President is to hold particular policy positions (when in fact, Presidents don't write policy). That thinking is why we have a failure in the White House.

5 comments:

James's Fucking Daddy said...


Meanwhile Biden is too busy to take any responsibility.

He had to go campaigning in Virginia for another pedophile enabler

and the "big guy" may have had to check on his shared bank account

If it's low Hunter may have to step up his painting

No Joke

rrb said...



President Klain:

It's twice as big, in real dollars, as the New Deal was. This can be the Congress that goes from 12 years of universal education to 14 years; the makes the largest investment in fighting climate change ever; that cuts what families pay for child care in half.

https://twitter.com/WHCOS/status/1453710925920354307?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1453710925920354307%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ftwitchy.com%2Fsarahd-313035%2F2021%2F10%2F28%2Fthis-guy-cant-help-himself-ron-klain-stops-by-to-accidentally-drive-a-stake-through-the-zero-dollar-heart-of-buildbackbetter%2F


So much for the cost to taxpayers being ZERO, eh?




Anonymous said...

CHT , I don't know why your comments about The Home Depot and NOC Stocks enraged Denny's.

After all Denny's ask me to look at NOC Stock in comparing it with The Home Depot.

So let's look in.

NOC Stock $359.20 USD −28.95⬇️ (7.46%)today

The Home Depot
$372.65 USD +0.43⬆️ (0.12%)today

" NOC is kicking the ads of Home depot" Dennis

James's Fucking Daddy said...


I saw the president gave another televised speech

Well read it

Then turned his back on the American people and walked out

without taking any questions

at least the "reporters" are starting to yell them out to him

but he has no answers

other than his continued failure

and edicts

James's Fucking Daddy said...

Comfortably Smug


If the plan costs zero dollars, why does the Biden administration have to keep cutting things out?

Almost like it was all a lie from the beginning....


bingo