Tuesday, September 19, 2023

Bidenomics to the rescue

 

AfterMath - Home (terrellaftermath.com)
Biden is making it harder for America to get back to work (nypost.com)    "Economics is all about incentives. And if you incentivize people not to work, they will drop out of the labor force, and unemployment will rise.
"Friday’s employment report is a stark dramatization of how the Biden Administration — with its grandiose designs to turn the US economy into a European-style welfare state — is providing all the wrong incentives. There’s a workforce on the verge of significant growth, if only the government would get out of its way.

"Despite vast swaths of the economy reopening from the COVID shutdowns, and small businesses complaining they can’t find help, unemployment perversely rose to 6.1 percent in April. Hiring oddly slowed — only 266,000 jobs added to the economy, which is about 750,000 less than what was expected. The reasons for all these mixed signals are varied, but the primary source of the problem is extended unemployment, with hundreds of extra dollars tacked on to regular benefits. Wittingly or not, the administration is begging Americans to live on the dole instead of going back to work.

"The president, of course, doesn’t see the logic that paying people to stay home means more people will do just that. But then again, he also doesn’t see the logic that being fully vaccinated and wearing a mask outdoors as he often does makes people think twice about taking the COVID vaccine. Responding to the weak employment report, Biden said the economy is on “the right track . . . My laser focus is on growing the nation’s economy and creating jobs.” Translation: He and his cronies think they now have a decent talking point to ram through a Congress with slim Democratic majorities another $4 trillion in spending on top of the $1.9 trillion he just finished putting into the economy. " . . .

Guy currently destroying nation says Trump wants to destroy nation – HotAir    "I don’t know what they’re putting in Joe Biden’s Wheaties this week, but he seemed to have a bit more pep in his step than usual during a trip to Manhattan last night. He even managed to make it through some (obviously prepared) comments on stage without too much trouble. The event was a fundraiser for him, of course, with tickets at the theater ranging from $250 to $7,500, and plenty of Broadway stars turned out to support him. So what was Uncle Joe’s pitch to get people to support his flailing reelection bid? Since he has virtually nothing to point to in his own record, he fell back on his favorite golden oldie. He told the audience that Donald Trump is still lurking out there and he is “determined to destroy the nation.” That’s rather rich, coming from the guy who is currently in the process of doing just that. (Associated Press)" . . .


. . ."But what is that “democracy” that Joe Biden keeps promising to “fight for” and what does it look like? Does he mean the democracy where a leader’s political opponents are pursued by the so-called Justice Department and even threatened with prison time? Is it the democracy where family members of the most powerful in the preferred political class can thwart our system of justice and receive favorable treatment where others would find their doors being kicked in by armed FBI agents while their children were eating breakfast? Does he mean that democracy?"

With Hollywood on strike, Biden leans on Broadway stars in his hunt for 2024 campaign cash (wmur.com)   . . ."Others set to perform at Monday's Broadway fundraiser include Annaleigh Ashford, Alex Edelman, Josh Gad, Christopher Jackson, LaChanze, Ruthie Ann Miles, Leslie Odom Jr., Andrew Rannells, Aaron Tveit and Betsy Wolfe.

"Thomas Kail will direct, with music supervision by Alex Lacamoire. Additional contributors for the event include Andy Blankenbuehler, Benj Pasek and Justin Paul, and Amanda Green.". . .

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