Posted on 02/28/2023 8:42:53 AM PST by Red Badger
War Is Peace
Freedom Is Slavery
Ignorance Is Strength
Axios reports that President Biden is preparing to run aggressively for re-election on the economy. His plan is to focus on the GDP which is 20.1T while we have a nearly 32T debt and ran a 1.38T deficit in 2022. He will also run on the low unemployment numbers.
Biden will aggressively ride on an alleged ‘healthy economy.’ Can they hold off a deeper recession or pretend there is no recession until 2024?
Biden, who hasn’t made a formal decision to run for re-election, will on Tuesday take his message of economic optimism to Virginia Beach, where he’ll also hammer Republicans for wanting to repeal his signature Inflation Reduction Act.
The Inflation Reduction Act returns almost unfettered power over the energy sector to the EPA.
He will accuse Republicans of wanting to increase health care costs.
80-year-old Joe Biden in Iowa
Next week, he’ll emphasize his plans to cut deficit spending by $2 trillion over 10 years. As we said, he’s running a 1.38T deficit.
“We’re very proud of the 12 million jobs created since the president took office,” Bharat Ramamurti, the deputy director of the National Economic Council, told Axios.
We lost 20 million jobs during the pandemic. Republicans can aggressively run on that.
“We think the underlying numbers about consumer spending and business investment are also positive,” Ramamurti said. “They show that people have a lot of confidence in their financial condition and where the economy is headed.”
“As we’ve always said, we expect there to be some bumps along the way as we transition to steady and stable growth.”
A Sunday poll from Fox News shows that 62% of respondents disapprove of Biden’s handling of the economy, while 36% approve. On inflation, 66% disapprove and 31% approve.
Those numbers echo a Washington Post-ABC News survey from late January in which 41% of Americans said they were not as well off financially compared to when Biden took office. 16% said their prospects have improved.
While Axios says Biden doesn’t control the economy in these times, they ignore the restrictions he has placed on energy that has caused record high inflation. Gas and home fuel are as much as fifty percent higher than under Donald Trump.
The CPI and PPI are running hot. Inflation runs hot.
The Consumer Price Index (CPI), a measure of how inflation goes, reflects price increases without food and energy. It went up 5.6% in January.
The PPI or Producer Price Index measures the selling prices. PPI for final demand advanced 0.7% in January; goods rose 1.2%, and services increased 0.4%.
The stock market is down over 2% under Biden.
Yup. Get on out there, Brandon. Press the flesh (booblet-feel the eight-year-olds). Kiss the babies (and slip your tongue in). Sniff the hair. Rant and rave at anyone who dares disrespect your authoritah, and lie your a@@ off. Everyone loves you, and now they’ll get to see more of you with no pandemic and all./D
WWIII.......................
So true and I hear that he also is going to tell us that water is dry
Had Bharat Ramamurti stayed in India, he would be cleaning toilets.
Sick of these leftwing untouchables coming here and telling Americans how to live. They come from $hithole countries and proceed to turn the USA into what they left behind.
Sorry Joe, your day is done. You will be retired, one way or another. He is one stroke, one heart attack, away from the end of his puppet rule. They say the FBI has a gun that shoot a drug that can cause a “heart attack” that how they got Bretbart. CIA has a drug that can cause Brain Cancer, Thats how they got Teddy K. Look to see heath issue take out our beloved Brandon.
I’ll be voting for Trump, but I’ll be betting on Biden to win. The Ds own the System and Republicans are complicit
OY
81 million votes last (s)election? Hold my cone! 🍦
You should have added, “Not the Bee.”
That and he’s raking in a ton of our money on Ukraine. Same applies to McConnell and Cornyn.
All lies…..Inflation 40 yr high, negative wages for 22 straight months, credit card debt way up from pre pandemic,60% living pay check to pay check. I can go on n
If the healthy economy of 2022 goes on for a number of years my 401(k)s will lose substantial amounts and inflation may require me to go back to work.
I'm still flabbergasted that Hobbs could duck debates and win. I think that if that happens, the opponent, in this case Kari Lake, needed to make that half of the election. Not sure if she cashed in enough on that.
Your summation pretty well states the devastation that the Dems have wrought upon the US. We’re just swirling down the bowl right now. Just a matter of time until it all goes hot.
I agree. In the way that debating has gone by the wayside, campaigns will be pared back. Candidates can hide (ie. Hillary, Burden, Fetterman, etc.) for most of the campaign season, and come out to speak every so often, just to remind people that they are “OK” when they really aren’t.
“He may be, but he’s such a unpopular figure he’ll have little following...............”
If the Democrats, Uniparty and Washington want him, it does not matter how big or small his following is.
Joe 81millionvotes Biden 2020?
Katie Hobbs, Arizona 2022?
What about the secure border?
UN-HEALTHY PRESIDENT==UNHEALTHY ECONOMY
They’re openly mocking us.
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