Democrats in politics and the press agree to pretend the economy is a disaster.
If readers think this week’s adoring press coverage of President Joe Biden is excessive, they should just wait until next year.
2. Media folk are so eager to prepare for a “Biden recovery” narrative in the future that they are making outlandish claims about the present.
WSJ wrote last month how Biden and friends were trying to justify the coming expansion of government by lying. wsj.com/articles/legio…
3. In order to attempt to justify massive federal interventions, Bernie Sanders enjoys making ridiculous comparisons between today’s economy and the Great Depression.
4. Reporters are also eligible to enlist in the legion. “Biden inherits the worst job market of any modern president,” says a Washington Post headline.
5. Sounds like a dire situation indeed, but perhaps less so when one realizes that the unemployment rate was higher during most of the Obama-Biden administration.
6. Around the end of the fifth long year of Mr. Biden’s tenure as vice president, which included his leading role in implementing White House economic “stimulus” programs, the unemployment rate finally fell to that magic number of 6.7%.
7. Unfortunately, during the two Obama-Biden terms the unemployment rate never got close to the Trump-era low of 3.5%, which American workers were enjoying in the pre-Covid days of February 2020.
8. It should also be noted that while misguided virus responses from state and local governments have indeed resulted in 10 million fewer people with jobs than in early 2020, the shutdowns actually killed more than 22 million jobs at their nadir.
9. Since then the rapid recovery of most of the jobs killed by the lockdown is strong evidence that the economy is ready to roar if Mr. Biden’s Democratic colleagues in state government will allow it.
Biden & Democrats have to do nothing more than to get out of the way.
The End
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It’s customary for a new American president to strike a tone of openness and optimism upon taking office, but these are not ordinary times. Fear is the theme of this year’s inauguration week.
2. For most people, air travel restrictions are not the most difficult of the government-imposed limits on liberty imposed in the time of Covid. Certainly they harm fewer people than school closures.
3. And flight restrictions can be helpful, especially if the virus isn’t already spreading widely at the flight’s destination. But at this point what exactly are the U.S. public health gains from banning inbound air travel by people who have recently tested negative?
I want to write this thread based on an opinion piece by Joseph Epstein because it seems so befitting and I am in the mood to reminisce a bit.
2. Donald Trump is likely to go down in history as one of the most effective and most despised one-term presidents in American politics. So despised was he by those opposed to him that even now they won’t admit his effectiveness.
3. But until the Covid-19 crisis, which had much more to do with bringing him down than did Joe Biden and the Democratic Party, Mr. Trump’s policies had vastly lowered unemployment rates, cut away entrepreneurially inhibiting financial regulations, and revved up the stock market.
Oh, it was only last summer. BLM/Antifa burned down a church opposite the White House, and attacked the White House too. Just as Congress had to be moved to a secure place on Jan 6, the President had to be moved to a secure place back then.
So spare us your newfound concern over the 'seat of the government' being attacked. The White House is just as much the seat of our government as the Capitol, and all the Democrats and MSM could muster up last summer was derision for the President being moved to a secure place.
That is not to say that condemnation for what happened on Jan 6 is not justified. It absolutely is. But violence last summer should have been condemned just as vehemently. And if it had been, Jan 6 may never have happened, saving innocent lives.
There is a rampant misimpression that Covid deaths are just a counting game. It is not. While it is true that Covid deaths mean "died with Covid," not necessarily "died of Covid," the overall data is not as misleading as some make it out to be.
2. While the impulse to think that Covid has not taken as big a toll on humanity as the numbers indicate is rooted in a noble impulse to believe that in this day and age, with all the advances in medicine, how can we be so helpless. This must be just politicians fooling us.
3. While there is definitely some truth to numbers being inaccurate because of perverse incentives and human error and inconsistent data reporting instructions, we now have enough data gathered over 2020 that directionally an accurate picture emerges. And it really is horrible.
Let us get this straight. Trump supporters across the nation are predominantly decent, honorable patriots. They are not to blame for the tragedies of Jan 6. The most any of the decent folks can be accused of is being deceived by misleading rhetoric.
2. Being gullible is not a crime. And no group on the right, left, or center is immune to gullibility. Our whole godforsaken news media capitalizes on the surplus supply of the gullible of all political persuasions.
3. And our politicians prey upon the gullible. No, there are only three distinct parties who are responsible for each and every tragedy that happened on January 6.
a) Donald J. Trump
b) Grifters like Lin Wood and Sidney Powell
c) Terrorists in the crowd that invaded the Capitol
On Thursday night President-elect Joe Biden will describe some of his plans for multitrillion-dollar spending increases. Before long he’ll also tell us about his tax increases.
So first, the spending plan.
2. And then the Tax Plan
Team Biden is thinking of two big pieces of legislation. The first one will be funded entirely with borrowed money, at a time when publicly held Treasury debt is already approaching $22 trillion. As for the other bill, Mr. Tankersley writes:
3. A new report from the Tax Foundation says the Biden plan would impose the industrialized world’s highest income tax rate on business. Research from around the world says that wouldn’t be kind to workers, either.