American citizens have been told another lie by the Biden administration. Last week, they said with a straight face that cognitively declining, seventy-nine-year-old Joseph Robinette Biden was indeed running for a second term. In my humble opinion, it is extremely telling that we had to hear this from the Administration before the president’s first year. Biden is running for reelection. The second hoax is just as absurd.
The President met on Monday with executives from some of the country’s major retailers like Food Lion Kroger, Best Buy. We’ve been told the discussions centered around the supply chain issues that are leaving store shelves bare due to the hundreds of cargo ships anchored in the bays of Los Angeles and Long Beach.
Although the President had been scheduled to make remarks at the meeting, it was abruptly cancelled. What was the excuse? The President had a desire to spend more time talking with executives. My guess: Biden wasn’t at his cognitive best and they couldn’t risk putting him in front of the White House press corps, who God forbid, may ask him questions! Here’s the whopper Psaki told reporters after the meeting: “There are going to be toys on your shelves. There is going to be food in your grocery stores.”
Although it’s highly improbable that store shelves will be fully stocked anytime soon, the goods that will be on those shelves will be significantly more expensive than they were a year ago. The Federal Reserve, the Biden Administration — and their allies in the media — have been telling us for months that the spike in inflation is “transitory”Or temporary.
Federal Reserve Chairman Jerome Powell gave testimony yesterday in front of the Senate Banking, Housing, and Urban Affairs Committee. Powell proposed the term transitory during the hearing “retired”If you need to describe the inflation that is ravaging the economy:
“I do think that the threat of persistently higher inflation has grown. … But clearly, the risk of more persistent inflation has risen. Therefore, the meaning of transitory can be different for people. To many, it carries a time – a sense of short lived. People tend to use it. [the word transitory] to mean that it won’t leave a permanent mark in the form of higher inflation. I think it’s probably a good time to retire that word and try to explain more clearly what we mean.”
In trying to portray that the Administration’s economic policies are working, Psaki also said Black Friday sales were up nearly a third from last year’s Black Friday. That’s great Jen but it also makes it highly improbable, with all the ships needing to be unloaded, that stores shelves will be fully stocked for Christmas — or in the foreseeable future.
A major reason that cargo isn’t being moved is the huge labor shortage in the country. Trucking companies claim they are in need of close to 90,000. Unless there is a dramatic increase in truck drivers and warehouse personnel, not only on the docks but in the retailer’s warehouses as well, Psaki’s claim that shelves will be stocked will be just another Biden Administration empty promise
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