Is Biden’s Economy Working?

Let’s just say, if last year is any indication — the U.S. will look like California by the end of his term…the real question is, will he last that long?

Arguments around the paid-to-be-socialist media say “the economy is just fine”. For whom? Not for the largest workforce ever, retiring as we speak. They, with any luck, have a little money of fixed income to live on. Not for the poor either, they have no fixed income. these are the first affected, the money they have shrunk in value and they can afford less things to buy. As inflation gets worse, the consequences will keep invading people’s pocketbooks, like a swamp that gets more water and grows slowly but perversely.

Not for the government, who does NOT know how to live on what they make from taxes, and keep borrowing money to subsist but, to keep appearances, insist on sending paychecks for mistakes of their own making. This is about ALL the economy shutdowns we have been paying for, by taxing all our grandchildren for ALL the money they have BORROWED —

“We are rapidly approaching 30 TRILLION DOLLARS IN DEBT. We are accumulating debt more rapidly than at any other time IN OUR HISTORY. We are accumulating debt at a rate of 2 Million Dollars per minute!” (Rand Paul)

THE GOVERNMENT IS THE SUM OF ALL THE PEOPLE THAT PAY TAXES — THAT IS THEIR PAYCHECK — IN THAT SENSE THEY ARE AN INDIVIDUAL — THAT IS NOT DIFFICULT TO UNDERSTAND.

When they don’t have the money, they borrow it. Mostly from China. What do they use as collateral to borrow money? Our good credit. Why do we have such good credit? Because we have always paid our debts in the past. But this time, we were dumb enough to shut down our working machine (Domestic Production). We are a capitalist nation (whether some people like it or not), when people stop working, we stop making money (this is the BIG “we”, people and business). When we stop making money, we don’t pay taxes. When we don’t pay taxes the government does not have what to live on, ergo, they borrow money. It is simple logic.

Now top that with all the promises Biden made to get elected — all of them cost money we do not have-and, we are where we are. the link is an explanation of how inflation is made. Here is one of the factors:

Borrowing money allows us to print more money, the volume of dollars in the market makes the dollar cheaper to buy (just like any other commodity in competition). Things cost more (commodities). People with money, want to put their money in economies that are booming. The dollar no longer represents the best economy in the world, people dump the dollar to buy a currency of growing value. Dumping the dollar makes it even cheaper. If we borrow more money and lose the capability of paying at LEAST the interest of what we owe, we will go into a death spiral called, hyperinflation, similar to the economy of Germany in the Weimar Republic of the 1920s. Then everybody will be hurting. In the 1920s the Mark was so worthless people would use it to start fires with. They had to carry money in sacks and wheel barrels to pay for anything they bought. That type of scenario is what REAL despots take advantage of. People want to eat.

Right now we are just a spoiled society who does not know what war looks like, thus has no idea what our National Anthem means in our heart, what the Constitution is for, how we own the government and keep it accountable, what our flag is for. WE, AS A SOCIETY KNOW NOTHING!

So, what does a President doing badly at home does? Stay silent!

We HAVE NO Army draft any longer. You don’t have to sweat going to war, as the Israeli men and women do. They pay with blood for all the things they hold dear as a Nation. All the things mentioned above mean something to them. Also, their borders are important. Apparently, ours are not. We are paying trillions of dollars to maintain a “Professional” Army and hardware, ready to fight at any moment. And, you know what? Because of all that, the Israeli pay attention to whom they vote for.

It is sort of oxymoronic though, OUR borders are OPEN, however, we want Ukraine to keep their borders close(?) How does that make sense?

More misery to come through. Read the transcribed Rand Paul speech on October 7th, 2021.

Some people are using rationalizations to “explain” that the “net” inflation is canceled by “wage increases.” “Wages have gone up by six percent, that and the seven percent inflation gives the people a net “one percent purchasing power” thus, we are staying above inflation levels.” Below please look at the charts from the Labor Department available on January 21, 2022.

So where are we now? People need to look at all the data not just pick what looks good. Our economy is tanking.

We are on the same road the Weimar Republic took to “look good” and postpone the inevitable. Desperate governments like people will do desperate things. It is UP TO us, the people to stop them. We cannot if we continue this partisan bickering we keep carrying on.

Get a shower of reality and stop this, WE CAN!