On Monday July 19, 2021, the White House occupant declared that inflation was temporary and would be “transitional”. Current economists now refute that claim, as inflation continues to escalate at an alarming pace. In July Joe Biden said (transcript):
“Now, I want to be clear: My administration understands that if we were to ever experience unchecked inflation over the long term that would pose real challenges to our economy. So while we’re confident that isn’t what we are seeing today, we’re going to remain vigilant about any response that is needed.”
Joe Biden was asked a follow-up question after his remarks:
Q Yes, thank you, Mr. President. At what point would you consider inflation unchecked to a point at which you would either consider taking action or you would want to see the Fed take action?
To wit Joe Biden responded:
THE PRESIDENT: “Yeah. There’s nobody suggesting there’s unchecked inflation on the way — no serious economist. That’s totally different”. (link)
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Clueless Joe understands nothing.
Biden’s aptitude or lack thereof is entirely incidental to the life-stage of our Republic. His level of aptitude is not worthy of remark, and is not the independent variable. To suggest otherwise implies that a more attuned POTUS would ‘perform better’. In fact POTUS has been rendered a substance-free office. Trump tried like a ‘wise fool’ to reinvigorate its Constitutional executive tradition. The Trumanites reminded him six ways from Sunday how that was not about to happen.
Just wait until 2022 when all the corporate comparisons for YoY wont be vs a shut down economy. Flatlining earnings and compressed margins won’t cause a downturn in fairytale media land because they’ll just lie and manipulate, but everyone who actually eats, drives and works will be strapped worse than ever in our lifetimes. It will be interesting to see how the millennials respond.
Most Millennials will respond like the arrogant, ignorant, and coddled rodents they are.
A very few who do not will be shouted down and cancelled as the rest eat their own.
Theorists: Cloward and Piven
Practitioner: Barack Obama
Kabuki mask: Poopy Joe
Biden is a worthless, incompetent fool. His handlers are driving this country in the ditch. Guess we owe that to Obama and Soros.
No! No! What Joe Biden said was that he understood unchecked flatulation!!!
FJoeB – “we’re going to remain vigilant about any response that is needed.”
Sorry, NoGoJoe, but all Vigilant’s ‘caught the last train for the coast’ two months ago and none remain.
Joe understands “poopy pants” too.
Complete and utter failure but utmost- a fraud
Joe and “flashbacks”.
Must say, made me chuckle.
How many misremembered “flashbacks” has our POTUS provided us?
It’s all Wall Street. The second their house of cards starts to wobble, the real rigged game, phony overvalued inflated fake stocks will drop like a rock. No doubt in my mind that will happen. It will be every bit as bad as what happened 2 yrs ago. But this time there will be no bounce back in Trump Time. This is no longer a fire drill. This is go time. These crooks are at the end of their rope. All of these billionaires we hear about nowadays have come from this phony farce of a stock market. The hot potato games begin soon. He who gets out first gets to keep the most of his phony gains. That avalanche will be lightning fast. It will not be a slow methodical draw down, it will drop like a hammer.
I wish the PRICK would just die already… This MORON is dumb as a bucket of hair…
Biden has been a water carrier since 1973. To promote him to empty suit insults empty suits. He is the apotheosis of our hollowed-out Madisonian Institutions at the hands of the Trumanite Network. Maybe I’m getting cranky, but what never fails to surprise me about many conservatives is their utter surprise at just how hollow Biden is. He’s the logical and predictable end-of-road in a wholly vacated Republic. He makes no decisions. None.