Joe Has Jimmies With Inflation, Energy Crisis & War
DOL tells us inflation clocking in at 7.9% above 12 months ago hitting yet another 40-yr high while WSJ says one respected economist expects it to stay that way for a decade shades of Carter Era in which another foolish idealist in the WH refused to admit his delusions as a string of crises also torched the economy, our pocketbooks & his legacy.
For those having lived through the Carter presidency you’ll recall it started like Biden’s, i.e., optimistic in many circles. Like Mr. Trump, Carter took on the Swamp’s bureaucracy with a new-fangled accounting approach called “zero-based budgeting” that was supposed to reign in runaway government spending. You also know what the Swamp rats did to Mr. Carter’s bright idea as it trashed it like they did to Mr. Trump’s “draining” projects. When Mr. Carter took office in 1976 inflation rate was 6% & 12% four years later as interest rates hit 20%. And, oh, there was a mega “energy crisis” with gas prices hitting record highs as a result of the country’s overdependence on foreign oil. Then, came “Jimmy’s” fiasco & endless hostage crisis in Iran that played out day after day on TV, if not as long as “Joe’s” Afghanistan withdrawal fiasco (but, let’s give No. 46 time to break No. 39’s crisis record if the Ukraine crisis keeps going like it’s threatening to).
Now, this all is not to say Mr. Biden is the snake bitten Mr. Carter who got absolutely mauled in his re-election bid. But, the tell-tale signs Joe has the Jimmies are there as one fiasco of his leads to another fiasco with no end in sight. Inflation. Crime. Open border. War. Fill in the blank …
Davd Soul
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