The American Spectator | USA News and Politics
Barring a miracle (and they do occur sometimes), Biden will not go on for another three-and-a-half years.
"As cant and emotionalism subside, it is becoming possible to give a clear and fair assessment of the performance of the Biden Administration and of the president himself: a total failure.
"The shortfall of 500,000 in the expected net new job figures for August shows that stagflation is upon us: employers are afraid to hire employees as they normally would coming out of the COVID recession because they don’t know if they will be able to afford them. Hourly pay scales are increasing at 7.5 percent, new car prices at 10 percent, rental accommodation at 12 percent, and new homes at 20 percent, all well ahead of the official rate of inflation, contrary to the smug assurances of Treasury Secretary Janet Yellen and even some Federal Reserve spokespeople, that inflation was a mere bubble.
"Historically, the only sustainable way of fighting stagflation has been to counter inflation with increased supply and achieve that goal and the corresponding non-inflationary increase in demand through the encouragement of demand in the tax system. The present administration is committed to raising taxes and to colossal spending increases, which will exacerbate both stagnation and inflation.". . .
. . . The Afghanistan disaster has surely taken out what little fetid wind was left in the sails of Nancy Pelosi’s Trump-hate, January 6 committee. Instead of a Monrovian “era of good feelings,” America is having and executing a time of increasing unease over bad policy failings in every important field, ostensibly presided over by an opinionated but incoherent man approaching the last extremity of cognition adequate to hold such a great office. It cannot go on like this and it won’t. ". . .
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