Thursday, November 16, 2023

Two Words Describe Biden’s Presidency:  Reckless Endangerment –

  Issues & Insights

In any case, someone accused of reckless endangerment “isn’t required to intend the resulting or potential harm, but must have acted in a way that showed a disregard for the foreseeable consequences of the actions.” That is the very definition of Joe Biden’s presidency.


"This week we’ve been treated to three government reports that all point in the same direction: Disaster.

"Interest payments are through the roof. Real wages continue to fall. And a record number of illegals crossed the border.

"That’s just the domestic news. As of this writing, Americans are being held hostage by Iran-supported Hamas terrorists who killed nearly two dozen other Americans when they invaded Israel. Our military forces face increasing Iranian-sponsored attacks in Iraq and Syria. While President Joe Biden lets Iran off the sanctions hook for another four months.

"The worry isn’t just whether Biden – the architect of these disasters – will be voted out of office next year. It’s whether the U.S. can survive until then.

"Start with the terrible news on the home front. On Monday, the Treasury Department released its monthly financial report, and it was alarming. In October alone, the government made $76 billion in net interest payments – a 76% increase from a year ago and a 153% jump from two years ago.

"The Treasury report projects that gross interest payments will top $1 trillion this fiscal year. That will be more than we plan to spend on defense, or Medicare, or Medicaid, or any non-defense domestic discretionary program. And that’s if all goes well, which it rarely does.

"Then, on Tuesday, the Bureau of Labor Statistics released its monthly inflation report for October. While the White House bragged that inflation had declined – from 3.7% in September to 3.2% – what matters to everyday Americans is whether their wages are keeping up with price increases.

"They aren’t. For four months in a row – and 27 out of the past 31 months – worker wages failed to keep pace with Bidenflation. As a result, real wages today are more than 3% below when Biden took office. That, combined with rising interest rates, is costing the average family $7,400 a year, according to economist E.J. Antoni." . . .

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