The path to Joe Biden's insignificance

Joe Biden isn't aware that he's a failure, especially economically. As this article cites, this was the year voters lost faith in Biden. When Mr. Biden took office, inflation was 1.3%. Today, it's 6.8% and rising. In his tweets, Biden claims credit for President Trump's economic policies. Instead of insisting on giving credit where it's due, Biden takes credit for what's happened: That's an outright lie. Inflation was 1.3%, wages for blue collar workers were increasing twice as fast as white collar wages, unemployment for minority communities were the lowest in our nation's history and millions of people were lifted out of poverty. That's the definition of an economy working for working people.

It's worth noting that we shut the economy down, then re-opened it. The first month after re-opening, the economy created 2,500,000 jobs. The next month, it created 4,800,000 jobs. More jobs were created in the 2 months after re-opening than in Biden's first year. That's before talking about GDP growing by 33.8% in Q3 of 2020.

The economy Mr. Biden inherited wasns't in a crisis. Far from it. Mr. Biden inherited a rapidly recovering economy, then chose to pass the American Rescue Plan. The ARP is what jump-started the inflation. It also started the worker shortage. In short, Mr. Biden broke what didn't need fixing. The anchor in this interview tried to help Biden but failed repeatedly:

Key line in the interview: Inflation kills presidencies, regardless of parties. This is why the people, especially independents, stopped trusting Mr. Biden:
Cities that saw new records in homicides during the presidential election year broke them again in 2021. Even as the unemployment rate dropped, however fitfully, workers dropped out of the labor force. Inflation approached a 40-year high and gobbled up real income growth. Supply chains were bottlenecked. Afghanistan fell back into the hands of the Taliban weeks before the 20th anniversary of the 9/11 terrorist attacks that led to a long U.S. war originally overthrowing them.
To modify an old Clinton-era saying, it's the policies, Stupid. Joe Biden broke what wasn't broken. Inflation was low. Jobs were being quickly created. We'd achieved energy independence for the first time in 75 years. We were getting COVID under control thanks to an all-of-the-above approach.

Joe Biden had 50 years of making inconsequential decisions that didn't affect people's lives. Now that he's president, his decisions matter. Unfortunately, Biden's policies have failed us.

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