Bidenomics. It’s a beautiful thing. If you’re Joe Biden and the Democrat Party, that is.
On Planet Biden, you — if the “you” is Biden — can have it both ways. You can lie your head off about “record job growth” and “record GDP growth” out of one side of your face, then turn around and out of the other side of your face, lament the heavy burden facing “everyday Americans” due to a “still recovering economy,” which was only bad in the first place because Trump.
Then again, America is a disasterTrump is the reason. Everything else is irrelevant because PutinNaturally. Joe is fortunate that on Planet Biden nothing is ever because Biden.
This is an example:
Just one day after extending the pandemic-era student loan pause for another four months, as reported by Washington Examiner on Monday, Biden trumpeted historically low unemployment, a stark contrast that could not more clearly illustrate Biden’s hypocrisy on the economy.
Alfredo Ortiz was the president and chief executive officer of Job Creators Network, a conservative advocacy group. This is what The Examiner has transcribed.
Every chance he gets, Biden brags about record job growth and record GDP growth — knowing this is merely a function of the economy getting back on its feet after the pandemic. Biden then suddenly declares that America is in crisis when it come to liberal policies.
Although inflation is still a significant problem for low-income households and individuals, Biden won’t admit that his reckless, drunken-sailor spending has been to blame. Ortiz rightly pointed out that the moratorium on student loans is nothing more than Democrat window dressing and is aimed at ignorant activists such as AOC. Biden is clearly trying to keep the peace — but also with a worried eye on the ballot box.
Here’s Joe announcing the extension, via The Examiner.
We are still reeling from the effects of the recent pandemic, and unprecedented economic disruptions it caused. If loan payments were to resume on schedule in May, analysis of recent data from the Federal Reserve suggests that millions of student loan borrowers would face significant economic hardship, and delinquencies and defaults could threaten Americans’ financial stability.
To LastThe other half is complete crap.
The student loan moratorium, which began under Donald Trump in March 2020, will now last until at least Aug. 31 — and potentially longer. In the meantime, while unemployment was at its highest point of 15 percent just two years back, it has fallen to 3.6 percent over all and to only two percent among college graduates.
Less than 24 hours after his “COVID-19 national emergency” nonsense, Biden issued another statement — this one lauding the economy.
America has returned to work. Today’s data demonstrate that America is on the move again, and the economy is uniquely well-positioned to overcome the global challenges brought on by the pandemic and Putin’s war of choice.
Please, I won’t again highlight the gross idiocy in lying about Vladimir Putin being the one responsible for the Biden oil crisis, the Biden economic crisis or any other Biden-related crises.
One final thought on the student loans pause. This affects 41 million students who have more than $1.3 Trillion in debt. The pause has already cost taxpayers more $100 billion according to Education Department estimates. I had no problem with Trump’s student loan moratorium during the pandemic, and I’d bet a dollar he would have ended it months ago if he were still in the White House, given that his intent was valid — but the pandemic has long passed.
Let’s call a spade a spade: Biden is fully aware of the far-left demand for the cancellation of student loan debt. He’s too chicken-crap for him to say whether he agrees or not. It’s that easy.
Now we have weak-kneed Biden. He tries to be both on everything and nothing, which is a sad reality. He waffles, he equivocates, he lies out of both sides of his face — all because he doesn’t want to tick off the so-called “moderate” wing of the Democrat Party, but sure as hell wants to placate the radical left, led by the erstwhile bartender and her clueless Squad.
Bottom line:
Joseph Robinette Biden Jr. NeverHe is a leader. He remains a Barney Fife — minus the charm and loveability factor — hopelessly pretendingTo be a leader who is led by the ear of his party member.
The radical left is unfortunately the loudest.