(CNN)There's just not much President Joe Biden can do about it.
There's not much he can do to curb inflation.
There's not much he can do to stop migrants from reaching America's southern border. Or to reduce crime, or to make vaccine resisters get shots that would hasten the end of the coronavirus pandemic.
There's not much he can do to compel cooperation from defectors within his thin Democratic congressional majorities. There is nothing at all he can do to compel it from Republican adversaries who would rather aggravate than alleviate his burdens.
This is the very first article on the list this morning on Real Clear Politics. John Harwood (the author) appears to feel bad for poor Joe (or Jon as he likes to call himself these days). He feels like Joe is in a predicament that even if of his own making doesn't allow him to fix it. So apparently he should not be blamed for breaking things, I guess because fixing these same things is out of his control.
Sometimes in the world if you screw up and end up with fallout that cannot be changed you still face the consequences of those actions. You don't get to make the claim that because fixing what you broke is impossible, that you cannot be held responsible.
Harwood admits that most economists (conservative and liberal) suggest that dumping another 1.9 trillion dollars into the economy (after dumping several trillion previously) was the major cause of runaway inflation. He also suggests that the "Fed" could possibly work some magic to both bring down inflation and avoid a recession, which seems more like wishful thinking than a sound suggestion.
His lame plans for turning it around is to attack Trump and bring up the Jan 6th riots. Not sure why liberals believe this attack plays. The top 5 or even the top 10 issues are tangible issues that are current problems. According to the most recent CBS Poll we talked about last week, only four issues break 50% in terms of how Americans view them as important. Economy, Inflation, Crime, and Russia. Immigration problems came in at 48%. But those first three especially hit home for people. If you refuse to deal with the economy, runaway inflation, and out of control crime, you will lose.
There simply isn't any evidence to suggest the public wants to talk about Trump or rehash Jan 6th for the 32nd time. But don't tell Nancy Pelosi and gang.
One of the biggest mistakes politicians make is being "out of touch" with voter concerns. Demanding that voters care less about what they actually do care about and more about what the politicians want them to care about is a political death sentence. Harwood would have them go there I guess in hopes that that option is better than running on these other issue that Biden (and the Democrats by proxy) apparently cannot fix. I get a sense that there is more than a few Democrats who might have similar feelings about this.
72 comments:
From CNN:
There’s just not much President Joe Biden can do about it.
There’s not much he can do to curb inflation.
Really CNN?
There’s not much he can do to stop migrants from reaching America’s southern border.
REALLY?!
Or to reduce crime, or to make vaccine resisters get shots that would hasten the end of the coronavirus pandemic.
Biden is HELPLESS Y’ALL.
There’s not much he can do to compel cooperation from defectors within his thin Democratic congressional majorities. There is nothing at all he can do to compel it from Republican adversaries who would rather aggravate than alleviate his burdens.
In other words, there’s not much Biden can do about the heaviest weights depressing his political standing, which has remained stuck in the avalanche-warning zone for months. So his party faces the likelihood of a substantial November election defeat that hands the House and perhaps the Senate to the GOP.
They’ve got to be sh*tting us. ALL of these issues stem directly from Biden’s and the Democrat’s crap policies. What John and his pals in the media are really doing is running cover so when Democrats lose BIGLY in November they can say it wasn’t Biden’s fault.
Pathetic, right?
https://twitchy.com/samj-3930/2022/04/18/are-you-high-john-harwood-lowers-the-bar-even-further-to-give-biden-a-pass-for-his-disastrous-presidency-and-pisses-everyone-off/
The changing inflation outlook.
Mona Charen: Noah, the last time we discussed this with you, you mentioned that you felt it was very important that the Fed send the correct signals—you were concerned about inflation expectations creeping into the economy, and you felt that if the Fed did its job, namely, signaling that it was going to wrestle inflation to the ground by raising interest rates sufficiently, that this would nip in the bud inflation expectations, and therefore, we wouldn’t be in for a serious recession. How are you looking at it now?
Noah Smith: Well, so, I think the most important thing to understand is that the sources of inflation have changed. And that a few months ago, what we saw was high core inflation, which is stuff like cars and houses and TVs. . . . Durable goods that people can wait to buy . . . we saw significant inflation there. That’s the kind of inflation that the Fed typically responds to, and the Fed did respond to it. And if you look, core inflation actually did decelerate a bit in the last data release. So that’s a good sign. It means that the basic sources of inflation that we had in 2021 are now ebbing.
And there were two sources: The biggest source was the COVID relief bill—the stimulus spending we did, including Fed policy and other things that weren’t on the federal budget. But that was the biggest thing, and that’s all over. The Fed is tightening and we stopped that stimulus spending. And so that driver is gone.
And the second driver, of course, was supply-chain problems—those are starting to work themselves out. So, the Fed really did its job and inflation, core inflation, was and is beginning to subside. The very same thing I said 🤔
The problem is then you had the Ukraine war. Russia invaded Ukraine—that disrupted food and then we put a big package of sanctions on Russia. And that disrupted oil and gas, and also more food. And so, now what we’re having is inflation in energy and food—those are traditionally not things the Fed responds to. They’re not in core inflation because they tend to be very volatile, so the fluctuations cancel out. That may not be true this time. So we’re getting a different kind of inflation than we did before. And that’s a problem.
But fortunately, if you look at something called the “5-Year, 5-Year Forward Expectation Rate for Inflation”—that’s the expectation from inflation from 2027 to 2032, then you’ll see that it’s still. . . .
Charen: Wait, what are you talking about? What is that? I’ve never heard of it. Whose expectations are these? Tell us.
Smith: This is a market expectation, so you can buy forward contracts basically for inflation-adjusted bonds. And so, you can construct, from the price of inflation-index bonds relative to non-inflation-index bonds, you can get what the market is betting on in terms of future inflation. So, you can see what professional investors are betting that inflation will be. And that’s not always a perfect guide to what inflation will actually be. But it’s a good guide to what market participants think inflation is going to be. So that’s what tells us about those expectations getting out of control, which is the thing I talked about that I was scared of on the last podcast. And so if you look now, you’ll see that they’re still not really out of control—they still think that inflation is going to be fairly temporary and contained. It’s just going to take a little while, and the war has lengthened the time period that it’s going to take to contain that. . . .
"Chairman Jerome Powell told Congress on Tuesday. “I think it's probably a good time to retire that word ."
The "word" === "Transitory Inflation".
Groomer Alky plagiarism -
https://www.thebulwark.com/the-changing-inflation-outlook/
The bottom line Scott is that most of the factors were not caused by the President, but he will get blamed for it by the people.
If inflation does reduce and the economy continues to increase at a record rate??
There is reasonable chance that the Democrats will keep the Senate majority.
https://www.thebulwark.com/the-changing-inflation-outlook/
When Abraham Lincoln left Washington to go by train to speak briefly at the dedication of the national cemetery at Gettysburg, someone quipped that he was "the dead going to eulogize the dead."
At that time Lincoln was "a dead card in the political deck" -- so unpopular that he could not possibly have been re-elected President.
Everyone knew that.
Lincoln knew it too.
But guess what happened...
Roger , let me educate your overly in debt dumb ass a fact.
Inflation is rising, not a single input of production is going up.
Blogger The Real Halfbaked Soars Pundit said...
The bottom line Scott is that most of the factors were not caused by the President, but he will get blamed for it by the people.
Scott.
Scott!
SCOTT!!!
LOL. OK, groomer.
Pro tip alky - Brandon DID cause much of the inflation and IS directly and demonstrably responsible. And he should hit his knees and thank God every day that Manchin and Sinema kept him from making it exponentially WORSE.
Wrong and he knows it is, but, he still posted it.
" most of the factors were not caused by the President".
But guess what happened...
Old and busted" Biden is FDR.
New hotness: Biden is Lincoln.
LMAO.
Exactly Right
"
he should hit his knees and thank God every day that Manchin and Sinema kept him from making it exponentially WORSE."
Those two Patriotic Senators are doing all the heavy lifting.
Biden is not FDR.
Nor is he Lincoln.
But history has a way of sometimes rewarding decency and punishing deceit.
The same author said this Scott.
On CNN’s New Day Wednesday, the network’s White House correspondent John Harwood said former President Donald Trump was “mentally unwell in a way that makes him interested exclusively in what benefits him.”
Harwood was discussing remarks the former president made in a new interview, in which he called on Russian President Vladimir Putin to release damaging information about President Biden and his family, repeating unproven claims that Mr. Biden’s son Hunter had business dealings in Russia. “I would think Putin would know the answer to that,” Trump said in the interview with JustTheNews. “I think he should release it. I think we should know the answer.”
Noting that Trump’s call for Putin to release information damaging to the sitting U.S. president at a time when the country is engaged in supporting Ukraine as it defends itself from a Russian invasion, Harwood said for Trump, enemies are irrelevant to Donald Trump. Russia has helped him financially and politically over the years, and he has aligned himself with Vladimir Putin.”
https://www.forbes.com/sites/markjoyella/2022/03/30/cnns-john-harwood-trump-is-mentally-unwell-in-a-way-that-makes-him-interested-exclusively-in-what-benefits-him/amp/
He is getting attacked by the left side for this good decision Scott.
Biden expanding drilling leases despite climate goals
Ben Geman, author of Axios Generate
Axios on facebook
Axios on twitter
Axios on linkedin
Axios on email
Illustration: Annelise Capossela/Axios
The Biden administration's leasing policy finds a White House grappling with the dueling pressures of tight energy markets and a fast-warming planet.
Catch up fast: The Interior Department will resume selling oil-and-gas leases on federal lands but raise the fees companies must pay on what they produce, the agency said Friday afternoon.
Interior said it will publish notices this week for the first onshore lease sales since President Biden froze the program soon after taking office, offering 144,000 acres.
Zoom in: Interior vowed the policy, which follows a long review of the climate and financial effects of leasing, is not business as usual.
Interior said the acreage offered is only one-fifth the amount companies had called for auctioning.This "pragmatic approach focuses leasing on parcels near existing development and infrastructure," Interior said, vowing it will "help conserve the resilience of intact public lands and functioning ecosystems."Royalties rise from 12.5% to 18.75% to "ensure fair return for the American taxpayer."
What they're saying: Friday's announcement on the eve of a holiday weekend pleased almost nobody.
Several environmental groups blasted the decision, though some of the large, Democratically-aligned groups held their fire."Candidate Biden promised to end new oil and gas leasing on public lands, but President Biden is prioritizing oil executive profits over future generations," Friends of the Earth's Nicole Ghio said in a statement.Evergreen Action called the acreage reduction "encouraging" but nonetheless said leasing "conflicts" with administration climate goals.
The other side: Multiple industry groups offered qualified praise mixed with criticism.
The American Petroleum Institute said it was pleased to see the leasing resumption, but "we are concerned that this action adds new barriers to increasing energy production, including removing some of the most significant parcels.""At a time of high energy costs, these changes to long-standing fair and reasonable lease terms may further discourage oil and natural gas investment on federal lands."
Flashback: Biden paused new leasing soon after taking office to enable a federal review. But AP notes "A federal judge in Louisiana ordered the sales to resume, saying Interior officials had offered no 'rational explanation' for canceling them."
The big picture: Biden vowed to thwart new oil-and-gas development on federal lands during the campaign as part of a wider push on climate change.
But the White House has moderated its posture amid the gasoline price surge and the political jeopardy it brings; recently it called for faster domestic output increases.Russia's war on Ukraine has caused a commodity shock, and also prompted new White House support for boosting LNG exports to Europe.
______
But you are a very Conservative man you won't give him credit for this.
The bottom line Scott is that most of the factors were not caused by the President, but he will get blamed for it by the people.
That's what he signed up for...
If inflation does reduce and the economy continues to increase at a record rate??
You know something the economist don't? The way to reduce inflation is to raise interest rates (which should have been done quite a while ago). As soon as those rates go up the housing market will slow, the large retain market (that relies on financing) will slow. Many many economists believe that by the time the rates are where they need to be to fix inflation that we will be looking at recession.
Here is an example Roger...
I just financed the most expensive car I ever bought by almost double the price... and got 84 months at 3.2% to justify it. Most places I looked were telling me 72 months tops at 4.9% (about $200/month more). But if I had waited till the rates went up, then that is a purchase I just cannot make.
I am not alone. Houses around here that used to seem to come with a for sale sign and a sold sign at almost the same time are now sitting on the market. Just because rates have gone up. I mortgage on the same house at the same price at 2.75% vr 5.25% if a huge payment difference. The difference between being able to afford it or not.
Then... when these house do not sell at those prices, everyone's houses lose value, then the equity loans and such dry up, people start to realize that they are underwater and boom... we are right back to where we were at in 2008.
🤣punishing deceit🤣
Big Guy Joe Biden shaking down his kids for cash, 10 %.
But history has a way of sometimes rewarding decency and punishing deceit.
Indeed it does, as we are witnessing right fucking NOW.
It's not nice to steal and Karma's a bitch.
In 2021 my wife bought her dream Truck , a 2021 Toyota Tundra TRD. Voodoo blue for Cash.
Was given a $4,500 dealer deduction.
And haggled it down another $1,500 .
Today , with Bidenomics that same truck is going for 15% over sticker.
House prices are going up and so are interest rates.
A cure is a massive tax increase on people who make over $400,000 per year.
And the other plan I will link will make billionaires to pay the same percentage as you pay.
It would not cause inflation and it would restore bottom up economics.
Biden expanding drilling leases despite climate goals
Big fucking deal.
This is as meaningless as opening the spigot on the SPR. Leases in and of themselves are worthless if you cannot secure the permits to start drilling.
Geezus groomer alky, I've never known anyone to be as impressed with empty, meaningless gestures as you.
Scott you are a saint to explain this again to Roger , who has never owned a home. cd
"Then... when these house do not sell at those prices, everyone's houses lose value, then the equity loans and such dry up, people start to realize that they are underwater and boom... we are right back to where we were at in 2008."
Blogger The Real Halfbaked Soars Pundit said...
House prices are going up and so are interest rates.
A cure is a massive tax increase on people who make over $400,000 per year.
Ok genius, tell us specifically how fucking the successful reduces housing prices and interest rates.
Seriously. Let's hear it WITHOUT the benefit of your usual plagiarism.
Again, spot on!
"This is as meaningless as opening the spigot on the SPR. Leases in and of themselves are worthless if you cannot secure the permits to start drilling.
Geezus groomer alky, I've never known anyone to be as impressed with empty, meaningless gestures as you"
Oil Driller Roger, show us the Permits to bring oil out of A war.
And when do you see your promised $3.00 gallon of regular unleaded, not that crap of E85.
It would cut the deficit like Bill Clinton did and the same thing happened under Obama administration.
And a fun fact , at a time when Truckers/Farmers/Ranchers need more Deisel fuel, there is a shortage and the price is rising.
Ok, magic wand .
Groomer Alky.
You sick twisted Groomer supporting sex ed to 3 year olds .
A cure is a massive tax increase on people who make over $400,000 per year.
Of course Roger...
Why not take some money out of the hands of some of the only consumers who will still be able to make the very purchases that keep most businesses open.
You realise that once people are unable to buy goods and services due to inflation and interests that it snowballs.
I had my other car over to the Honda dealership for an oil change and look over. They had about 15 cars in their showroom. Guy says that they generally have about 60 on the floor, but they just don't have the cars. You walk around and about half the sales offices are empty.
Even the service center had empty desks sitting there. I had to wait when I picked up my car for someone to come off break. People are not even driving as much so they don't have the repairs.
That means that someone who used to sell cars is probably working at Target or doing something else. Plenty of jobs around, just not the sort of jobs that will allow you to buy a bunch of stuff.
Ironically you know what has booming with people and salespeople, however?
Yeah, the Porsche dealership. They have some supply chain issues as well, but people are still buying and still bringing in their cars. They had a variety of cars one the showroom (including a cherry 928 that reminds me of Risky Business). They make it work because their clients still have money.
But of course, not if you tax it out of them... to do what exactly?
He deleted a post by the President.
Groomer Roger is always devoid of actual facts.
✔The 4 Presidents With the Worst Deficits So Far
The four presidents with the worst deficits have been Barack Obama, Donald Trump, George W. Bush, and Ronald Reagan.6
Barack Obama
President Obama had the largest deficits. By the end of his final budget, FY 2017, his budget deficits totaled $6.781 trillion over his eight years in office.".
Scott, my wife and I discovered a very odd sign on new Toyota trucks.
"NOT FOR SALE, DISPLAY ONLY , SEE DEALER FOR NEW ORDER"
Blogger The Real Halfbaked Soars Pundit said...
It would cut the deficit like Bill Clinton did and the same thing happened under Obama administration.
WRONG.
Clinton had the benefit of record tax revenues based upon the dot-com economy activity. Until the bubble burst.
And the "same thing" absolutely DID NOT happen under 0linsky. 0linsky presided over the slowest economic recovery from a recession since the Great Depression.
Fact given to Roger are always over his Child grooming perverted brain.
Maybe, he has a restraining order against him from the Beach he lives a mile away from.
But of course, not if you tax it out of them... to do what exactly?
It reminds me of when Clinton imposed a massive tax on yachts.
Yacht sales dried up virtually overnight. You know who didn't get hurt? Yacht buyers. They either bided their time or bought used.
You know who DID get hurt? Yacht builders.
Every leftist is a one-trick asshat when it comes to this shit. All they know is envy and all they know how to do is punish the successful.
Bidenomics.
Low income Americans can look to a used car for needed transportation.
"According to data released by the U.S. Bureau of Labor Statistics on Thursday, the consumer price index for used cars and trucks jumped up by 40.5% from January 2021 to January 2022"
Closing Anwar hurts the income of Every Adult Resident of Alaska.
Great job 10% Joe.
Scott, Politico shows that he knows he has to change his plans.
The rest of the world might not allow it. But Joe Biden wants to return his focus to matters happening at home.
With the war in Ukraine entering its second month and continuing to dominate global headlines, White House allies are expressing concern that voters may see the president as more consumed by international affairs than domestic ones.
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The White House itself is keenly aware that voters’ perceptions about the economy are still likely to determine the outcome of November’s midterm elections. And as they warily watch the president’s poor poll numbers, two senior administration officials said a concerted effort is being launched to reemphasize to Americans that the president understands their pain and is trying to help.
In the coming weeks, Biden will travel more inside the country and further stress that Russia’s invasion isn’t some far-off crisis but one with deep economic ramifications in the United States.
“Voters, as sympathetic as they are to Ukraine, are getting a little fatigued,” said Celinda Lake, a veteran Democratic pollster. “And they’re wondering: We’re spending all this money abroad, but what are we spending here at home?”
Lake said it was imperative that the president spend the seven months remaining before the midterms explaining his record and promising to do more. “Half of voters,” she suggested, still don’t know what Biden has accomplished to date.
“They don’t know what’s in the infrastructure package. They don’t know the full extent of the rescue package. They don’t know the executive orders that he’s taken on inflation,” she said, referring to the coronavirus stimulus money sent to states, and the $1 trillion bipartisan infrastructure law to rebuild roads, bridges and more.
The scope of Biden’s presidency will be impacted by Democrats’ ability to keep control of at least one, if not both, chambers of Congress this November. And the White House knows it needs to both hammer home Biden’s accomplishments and show Americans it is trying to do more, even at the margins.
The war in Europe will continue to dominate Biden’s time, but aides do not want it to occupy all of his attention. In fact, some of Biden’s advisers believe they only need to look across the Atlantic to find a warning sign of a president perceived to be focused too much on global diplomacy and not enough on domestic pocketbook issues. Many French voters believe that French President Emmanuel Macron prioritized trying to negotiate with Russian President Vladimir Putin and that he neglected domestic issues, leading to tight poll numbers heading into the presidential runoff election later this month.
As it looks to refocus on domestic issues, the White House is eyeing faster, tangible actions to tackle kitchen table issues, namely inflation. This month, Biden issued executive orders allowing the use of an ethanol blend this summer to lower gas prices and to jumpstart a new regulation fixing the Affordable Care Act’s so-called family glitch, which would lower health insurance costs for millions. And late last week, the administration announced plans to resume the sale of leases for oil and gas drilling on federal lands.
Having gone overseas to address the conflict in Ukraine, Biden, for the first time in weeks, boarded Air Force One to promote the steps he’s taken to battle inflation and the economic impact of that war. Last week, he traveled to Iowa to promote an effort to lower gas prices and North Carolina to tout measures to ease supply chain bottlenecks.
Only time will tell.
https://www.politico.com/news/2022/04/18/biden-domestic-policy-shift-00025862
And it is on topic.
He also unveiled a finalized regulation to curb the rise in gun violence across the country, an event that came roughly a week after a mass shooting in Sacramento, Calif., and one day before a man opened fire on a Brooklyn subway, injuring 10. This week, Biden will hit the road again, visiting New Hampshire, Oregon and Washington to highlight new infrastructure projects and cost-saving efforts for families.
He’s also expected to unveil a police reform executive action and take another shot at passing a revamped version of his Build Back Better proposal aimed at combating climate change and cutting health care costs.
Aides want Biden to hit the road to both pitch these ideas and show that he is empathizing with Americans’ struggles. But his tools to actually deal with rising gas and food prices are somewhat limited. And on several other initiatives — including gun control, citizenship for immigrants brought to the U.S. as children, and voting rights — there seems to be no legislative path forward due to Republican opposition and Democratic resistance to change the legislative filibuster.
The re-emphasis on domestic affairs comes against a sobering backdrop for Biden: His job approval ratings are bad and not improving. The president has received high marks from foreign policy experts, fellow world leaders and even some Republicans for his handling of the war in Europe, and unemployment is at its lowest level in more than 50 years. But inflation, though a global trend, has soured Americans’ views of the economy and his handling of it.
Biden’s poll numbers with critical Democratic base voters are particularly worrisome for party officials. Last month, a Marist poll found only 34 percent of Gen Z and millennial voters approved of Biden’s job performance, and a Marquette Law School poll found that the percent of Black voters who approve of Biden’s handling of the presidency had dropped by 12 points since November.
“A segment of the Democratic base blames Biden for Republican recalcitrance,” said Rep. Emanuel Cleaver (D-Mo.). Black voters have criticized Biden for an inability to pass voting rights legislation, he said. “It has nothing to do with Biden’s interest in and willingness to fight for the Voting Rights Act.” Cleaver surmised that Biden “probably had more meetings with Sen. [Joe] Manchin” — the Democratic senator most prominently standing in the way of filibuster reform — “than he has with the first lady.”
Passing a smaller version of Biden’s Build Back Better plan would be a huge lift, said Cleaver. But selling what Democrats have already passed is equally imperative.
“I wish we could put up signs all over the country: ‘Pardon our progress, we’re rebuilding the nation,’” said Cleaver, referring to money going to states to fix crumbling bridges, waterways and broadband. “Most Democrats would like for the president to be out in the nation more, but hopefully, most Democrats like me, are also fully aware of the fact that we have a crisis in Eastern Europe.”
Ultimately, Democratic lawmakers and pollsters believe the party’s midterm fortunes will rise and fall on voters’ views of their handling of the economy. More travel by Biden to key swing states is necessary, said Lake, who conducts regular focus groups with Democratic and inconsistent midterm voters. She advised that Biden retell stories he shared on the campaign trail about his dad’s unemployment forcing his family to move. That message “gets lost when you’re relying on messaging from economic statistics, and economic studies and data,” she added.
But previous efforts for Biden to hit the road to promote his economic agenda were scuttled by the need to respond to outside forces. And the current portfolio is also likely to be largely reactive, with aides anticipating a sharp rise in Covid cases and an increase in migrants at the southern border.
“While rallying the world against Vladimir Putin’s appalling invasion of Ukraine and inflicting unprecedented costs on Russia, the president has also taken further action on his economic agenda for the American middle class,” said White House spokesperson Andrew Bates. “The president also continues to work with a wide range of lawmakers on a reconciliation plan that would cut the costs of prescription drugs, energy, and childcare while lowering the deficit even more and fighting inflation for the long haul, as well as a landmark bill to strengthen our competitiveness with regard to China.”
If Democrats are unable to pass the rest of Biden’s economic proposals before November, their best — perhaps only — shot at maintaining some power in Congress is to reset the focus domestically and to convince voters that they helped the economy recover as the nation emerged from the worst of the pandemic.
“Democrats have one overriding political communications priority now — we have to convince voters that things are better because of our time in power,” said Simon Rosenberg, a longtime Democratic operative, who is advising campaigns and party committees to ramp up now. “If people come to believe by this summer that things are better, we will be competitive this fall. If they don’t, we won’t.”
These people actually are some of the best reporters.
We will see 👀
Only time will tell.
Not much time left Roger...
Generally people make up their minds about the economy several months before the election. Historically if you saw last minute third quarter economic numbers that were improving, it doesn't help people change their mind about an economy.
That is the biggest problem right now. Things are so out of control with inflation that nothing else really matters. As long as Inflation is 7 8 percent then how low unemployment or how many jobs are created is irrelevant to most people.
The problem "isn't" jobs. People can find work right now. The problem is finding jobs with pay that keeps up with inflation. Those don't happen when the jobs being created are simply the old low paying jobs that went away during Covid.
more to the point, now that people are focused on a "bad economy" they will cling to bad news. Even if inflation starts to come down, gas prices will still be stuck with the numbers we see. Paying over $4.00 for regular and over $5.00 for premium at the pump is a problem. You cut inflation down to a more reasonable percent, those prices are still going up (not coming down) and will still reflect thost 7% changes that are now built in. You literally would have to see deflation to see prices come back down.
Same will hold true for many other products and services. Oh, and if the big ticket items actually start lose their value, then that is another potential problem for anyone with property, automobiles, etc... Nobody wants to see the housing market crash again.
He should hit the road and talk to the public, especially if he gets big crowds!
Ch blames Biden for "breaking" (the word he used in his thread article) things Biden did not break.
It may be that the American people will yet have a greater sense of decency than Ch can imagine.
I agree with The problem is finding jobs with pay that keeps up with inflation. Those don't happen when the jobs being created are simply the old low paying jobs that went away during Covid..
If they pass the law that will end "right to work laws" and the union jobs will pay enough to deal with the gas prices....
Biden slapped down again by the USSC.
"The Supreme Court Monday rejected an appeal from several states challenging Congress's cap on state and local taxes that can be deducted from federal taxable income"
Roger...
The problem in these opinion pieces that you are regurgitating is that they are built on the false premise that we are at some new "starting" point and that people will be judging Biden and Democrats on what he/they "will do" over the next few months.
People have been judging Biden and the Democrats since they took office. They are currently judging them for what is happening right now. They judged them for the failures of Covid, for the failures in Afghanistan, for the economic failures, for the failures in Ukraine, as well as their own failures to deliver any sort of new laws that they campaigned on.
Most of these people are not going to view the first year plus of complete disaster and then change their minds because Biden lifts the summer ban on E15 or because they pass some small portion of the BBB agenda. Not unless those things cause rapid decline in inflation without causing any downturn in GDP and all of this starts yesterday. Even then, it may all be too little too late.
The economically illiterate Roger " fix" for Biden's inflation.
Pay workers more so they can afford gas and food.
A cure is a massive tax increase on people who make over $400,000 per year.
Fuck you Alky my wife and work our asses off to get there
Fuck you������
https://www.nytimes.com/2022/04/18/opinion/elizabeth-warren-democrats-biden-midterms.html
Blogger The Real Halfbaked Soars Pundit said...
He should hit the road and talk to the public, especially if he gets big crowds!
LOL.
He couldn't fill a handicapped rest room stall during the campaign, and his cognition has only WORSENED since then.
And then there's THIS:
Painful: Jill Biden treats Joe Biden like one of the little kids at the White House Easter Egg Roll [video]; UPDATED
https://twitchy.com/sarahd-313035/2022/04/18/painful-jill-biden-treats-joe-biden-like-one-of-the-little-kids-at-the-white-house-easter-egg-roll-video/
If they pass the law that will end "right to work laws" and the union jobs will pay enough to deal with the gas prices....
Another example of leftists destroying freedom by making union membership compulsory.
Workers want freedom alky. Not to be subservient to some goonion scumbag.
Another example of leftists destroying freedom by making union membership compulsory.
Workers want freedom alky. Not to be subservient to some goonion scumbag.
And still too fucking stupid to understand increased wages are a huge factor in inflation
I mean my god they don’t trust his insane ass enough to cut his own nanners
Bidenomics and tax enforcement.
Those who work a side huddle earning over $600 are being targeted .
Sharply rising mortgage rates are taking their toll on the nation’s homebuilders, as already pricey new construction becomes even less affordable.
You bought the new house at the right time
Cali =And still too fucking stupid to understand increased wages are a huge factor in inflation"
Roger is intentionally ignorant on matters of personal finance and economics.
Hell, he told us he has unmanageable unsecured debt that keeps him from moving, getting married, buying a home and car.cd
All of these are just pipe dreams
Construction union jobs pay more than non union workers,
Like me I have two defined benefit pension for my life. Not like a 401k that can run out of money.
Blogger The Real Halfbaked Soars Pundit said...
Sharply rising mortgage rates are taking their toll on the nation’s homebuilders, as already pricey new construction becomes even less affordable.
Thank you captain obvious.
Here's the link where you stole that statement -
https://www.cnbc.com/2022/04/18/homebuilder-sentiment-drops-for-fourth-straight-month.html
Like me I have two defined benefit pension for my life. Not like a 401k that can run out of money.
Yet, you’re in your 70’s in debt and have a roommate in a semi private hospital room
And for the 99th fucking time when one retires the 401k becomes an annuity that won’t run out of money
You fucking simpleton
Before I joined the union I helped my dad Ivan build his own four room apartment building and we built four or five houses. And one of them on June 9th in 1972, we were building the foundation structure and saw the first clouds over the Black Hills of South Dakota. That night we had a 500 year flood that killed about 260 people, some people I knew.
It was awful. We lived four blocks away from Rapid Creek. Look it up
There were houses on the streets!
Blogger The Real Halfbaked Soars Pundit said...
Construction union jobs pay more than non union workers,
Thus contributing to wage inflation and making hiring union scum unaffordable, and a shitty proposition since their quality SUCKS.
And for the 99th fucking time when one retires the 401k becomes an annuity that won’t run out of money
It certain can be invested into an annuity, but it is not a requirement. If you are Roger, you probably had to raid it to stay afloat through two divorces.
If you are Roger, you probably had to raid it to stay afloat through two divorces.
I heard he got fleeced by a Nigerian Prince. Right after he posted all of his personal banking info on Twitter.
It’s unfathomable to me, that he believes himself to a be fountain of knowledge an oracle if you will and is wrong about everything
Heh:
A federal judge in Florida voided the Centers for Disease Control and Prevention’s mask mandate for airports, planes and other forms of travel Monday, saying the agency overstepped its authority.
US District Judge Kathryn Kimball Mizelle, an appointee of President Donald Trump, ruled that the CDC did not properly explain its decision last week to extend the mandate for another 15 days after it was originally set to expire Monday.
“Because ‘our system does not permit agencies to act unlawfully even in the pursuit of desirable ends,’ the court declares unlawful and vacates the mask mandate,” Mizelle wrote in her decision.
The judge sent the order back to the CDC “for further proceedings.”
https://nypost.com/2022/04/18/florida-federal-judge-strikes-down-cdc-airport-mask-mandate/
Anonymous Caliphate4vr said...
It’s unfathomable to me, that he believes himself to a be fountain of knowledge an oracle if you will and is wrong about everything
He's a fountain of idiocy cloaked in severe mental illness.
The only way he leaves his Cuckoo's Nest is in the back of a hearse.
Next month might be interesting ��
WASHINGTON, April 18 (Reuters) - Then-President Donald Trump attempted a coup on Jan. 6, 2021, and that will be a centerpiece of committee hearings in Congress next month, said Democrat Jamie Raskin, a committee member who led the prosecution of Trump's second impeachment.
On that day in 2021, Trump supporters stormed the U.S. Capitol building, encouraged by the Republican president in a speech outside the White House to protest formal congressional certification of Democrat Joe Biden's victory over Trump in a November 2020 election.
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"This was a coup organized by the president against the vice president and against the Congress in order to overturn the 2020 presidential election," Raskin said in an interview with Reuters, National Public Radio and The Guardian newspaper, when asked what he has learned so far from the committee's probe.
U.S. Representative Bennie Thompson, who chairs the special House of Representatives committee organized by Democrats to look into events leading up to the Jan. 6 assault, has told reporters he expects public hearings to resume in May.
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"We're going to tell the whole story of everything that happened. There was a violent insurrection and an attempted coup and we were saved by (then-Vice President) Mike Pence's refusal to go along with that plan," said Raskin, a member of the House special committee.
rrb Lydia is from Panama.
401k will only become an annuity if you want it to. It stays as it is otherwise.
Another fake issue that feeds the red base fears of losing power......the total BS of making claims and then not having a single example shows how simple the GOP's mind set is!!!!!!!!! BWAAAAAAAAAAAAAA!!!!
DeSantis takes an anti-CRT victory lap without showing his math
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By Philip Bump
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Florida Lt. Gov. Jeanette Nuñez (R) appeared on “Fox & Friends” on Monday morning to receive praise for her state’s latest contribution to the political right’s struggle against its perception of how America is changing. As she spoke, on-screen text summarized that victory: “FL DEPT OF EDUCATION REJECTS TEXTBOOKS WITH CRT.”
CRT, of course, is shorthand for critical race theory, an academic regimen that became a focus of conservative attention as activists figured out that it was a potent way of criticizing discussions of race, particularly in schools. That the term has a specific meaning from which most of those critiques deviated was beside the point — or more accurately, was irrelevant to the point as people like right-wing activist Christopher Rufo made clear.
What happened in Florida, though, is perhaps the quintessential deployment of CRT as a right-wing bugaboo. The state rejected a number of math textbooks and issued a news release citing critical race theory as a rationale for at least some of those rejections — and then didn’t bother to demonstrate how those books actually incorporated critical race theory.
All of the political benefit; none of the administrative legwork.
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“What we’ve seen is obviously a systematic attempt by these publishers to infiltrate our children’s education by embedding topics such as critical race theory, things that have nothing to do with math,” Nuñez said. A broad allegation but one for which Rachel Campos-Duffy, the show’s host, declined to demand any evidence.
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