Welcome To Stagflation
Posted By: RockyTCB, 4/29/2022 6:36:14 AM
When it comes to the economy, Democrats like to say it’s unfair to judge a president by his first year in office. Very well. President Biden is now in his second year and now we have the statistical verdict of his economic stewardship rendered by the first-quarter drop in GDP. Stagflation, anyone? It may well be that the first quarter’s annual GDP growth of -1.4% marks not just the beginning of a period of low or no growth accompanied by inflation, but also the return to the stagflation that ruined the decade of the 1970s and helped destroy the presidency of Jimmy Carter. And no, you can’t blame Donald Trump
people like this.
people like this.
people like this.
people like this.
people like this.
person likes this.
people like this.
people like this.
Below, you will find ...
Most Recent Articles posted by "RockyTCB"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by
RockyTCB"
Welcome To Stagflation
8 replies
When it comes to the economy, Democrats like to say it’s unfair to judge a president by his first year in office. Very well. President Biden is now in his second year and now we have the statistical verdict of his economic stewardship rendered by the first-quarter drop in GDP. Stagflation, anyone?
It may well be that the first quarter’s annual GDP growth of -1.4% marks not just the beginning of a period of low or no growth accompanied by inflation, but also the return to the stagflation that ruined the decade of the 1970s and helped destroy the presidency of Jimmy Carter.
And no, you can’t blame Donald Trump
Last December, the I&I/TIPP poll asked registered voters who they’d like to see on the Democratic ticket in 2024. A shockingly low 37% of Democrats named President Joe Biden. If Biden didn’t run for reelection, only 16% wanted Vice President Kamala Harris to be on the ballot.
The findings, we said at the time, are “a devastating sign of Biden’s weakening support within his own party.” (Google’s content police found the results so upsetting that they labeled our article accurately reporting the poll results as “unreliable and harmful.”)
In the months following that poll, Biden gave his State of the
Dems Earn A Triple-A Rating
4 replies
Every politician seeks to define his opponent. Such efforts are often transparently political and ineffective. But no label was more lethal than the one bestowed on Democratic presidential candidate George McGovern 50 years ago today.
The April 27, 1972 edition of Inside Report, the long-running syndicated column by ace political reporters Rowland Evans and Robert Novak, came two days after McGovern won his party’s presidential primary in Massachusetts. The column chronicled the consternation of establishment Democrats over McGovern’s insurgent effort to capture the party’s presidential nomination.
Treasury Secretary Janet Yellen said over the weekend that we’re going to have to “put up with inflation for a while longer,” which means that she has now held just about every possible — and almost always wrong — position on an issue about which she is supposedly an expert. Is it any wonder nobody trusts elites anymore?
Yellen was on CNBC over the weekend and, when asked whether inflation had peaked, said:
“Well, it may have peaked, but … I think the shocks emanating from this unjustified attack on Ukraine will prolong inflationary pressures. So, the outlook is uncertain.
Fauci Lets His Megalomania Show
11 replies
The Biden administration’s chief medical adviser made last year what C.S. Lewis might have called a “lunatic, liar, or lord” statement when he essentially claimed to be the embodiment of science. (Hint: he’s a bit of the first, all of the second, but wants to be the third.) Five days ago, this man went even further, declaring that the executive branch should be free to act outside of boundaries put in place to prevent an all-powerful presidency.
He’s a menace. We’d all be better off if he were a Washington Nationals batboy rather than a powerful government functionary and influential media darling.
Yes, it’s very early. But if given the choice right now, which Democrats do Americans want to see run for president in 2024? The perhaps not-so-surprising answer emerging from the latest I&I/TIPP Poll seems to be: “Anyone but Joe Biden.”
In our April opinion poll, we asked Americans of all political affiliations across the demographic spectrum “Who do you want to see run for president on the Democratic ticket in 2024?”
Just 19% of those responding answered “Joe Biden, 46th president of the United States.” The rest of the choices were spread among 18 candidates, along with “other” (6%) and “not sure” (28%).
When not trying desperately to damage Republicans by keeping the Jan. 6 riot on the front page, the New York Times bravely does public relations work for the Biden administration. The latest case in point is the pathetic attempt by the “paper of record” to defend the misguided, unjustified, inflation-fueling $2 trillion “American Rescue Plan.”
The article — “If Biden’s Plan Is Like a ‘New Deal,’ Why Don’t Voters Care?” — claims that Joe Biden’s big problem right now is that voters don’t know how much they’re benefiting from his March 2021 “rescue” plan.
But despite a valiant attempt to put lipstick on a pig,
Just days after President Joe Biden’s Centers for Disease Control ordered yet another extension of the federal mask mandate, a Florida judge ruled that the agency had no authority to impose it in the first place, saying that “our system does not permit agencies to act unlawfully even in pursuit of desirable ends.”
To public cheers, the TSA, Amtrak, the Washington Metro system, and other public transportation systems immediately ditched their mask requirements, even though the Biden administration is reviewing the ruling and could, conceivably, try to overturn it. No one, it seems, trusts the CDC anymore.
What is happening to the people of Shanghai is an atrocity. China’s zero-COVID policy has literally imprisoned millions in their own homes in that nation’s most populous city. Police beatings have been reported, as have cases of extreme hunger, and “constant mental anguish and anxiety.” Don’t think that could never happen in America. We, too, have tyrants in government. And every one of them should be compelled to sweat under the hot lights of a congressional investigative hearing.
Maybe then they would not be so eager to put Americans under house arrest again.
As President Biden’s approval rating continues to plumb new depths, even some members of his own Democratic Party have begun to ask the once unthinkable: Will Joe Biden last through his first term in office?
Such a question might have seemed a bit over the top, as Biden only entered office in January of 2021. But, after a year of record inflation and gasoline price hikes, devastating COVID lockdowns, a surge of illegal immigration, the botched departure from Afghanistan, and growing questions over the 79-year-old president’s mental fitness, a surprising number of Americans now think Biden won’t last even another two and a half years
New York Times columnist and – we’re constantly reminded – Nobel Laureate Paul Krugman says that inflation, which hit another new high this month, will soon abate. Why? Because, he wrote on Tuesday, “Lumber prices have plunged in recent weeks. Prices of industrial metals such as copper are coming down. Prices of used cars are still very high, but their surge has stalled and they may have peaked.”
Oh, wait. That was from a column that Krugman wrote in June 2021. [snip] What Krugman actually wrote this Tuesday was that “inflation will probably fall significantly over the next few months.”
Why? Because, he now says, oil prices have moderated and retailers are
One of the genius elements of the U.S. Constitution was its allowance for competing models of success and failure. It did so by giving states great autonomy under the law, while limiting what the federal government can do. In the wake of a massive pandemic and a growing political divide among Americans, we’re seeing that concept work its magic.
Two new reports that look at how the blue and red states and cities have performed during the COVID pandemic show it’s no contest. Those that hewed to the Red State model of lower taxes, less regulation and respect for the
Most Active Articles (last 48 hours)
Geoff Morrell, the chief corporate affairs officer for Disney, who helped crafted the embattled company’s response to Florida’s Parental Rights in Education law, has resigned to “pursue other opportunities” after just three months.
The one-time George W. Bush Pentagon spokesman joined Disney only three months ago to head up the company’s global communications dept. — which included overseeing Disney’s government relations and public policy.
But on Friday, Morrell released a statement telling the company that he was stepping away, saying, “After three months in this new role, it has become clear to me that for a number of reasons it is not the right fit,” according to the Hollywood Reporter.
Establishment Republican Sen. Lisa Murkowski (R-AK) on Thursday admitted she may lose her primary bid to Donald Trump-endorsed candidate Kelly Tshibaka.
“I may not be re-elected,” Murkowski told the New York Times about the possible end of her 20-year Senate career.
“It may be that Alaskans say, ‘Nope, we want to go with an absolute, down-the-line, always, always, 100-percent, never-question, rubber-stamp Republican,’ she said about Tshibaka who is leading in the polls.
“And if they say that that’s the way that Alaska has gone — kind of the same direction that so many other parts of the country have gone — I have to accept that,” Murkowski added.
Jill Biden’s biography was a total flop and only sold 250 copies in its first week on the market.According to far-left Politico, the dulling of the Biden White House isn’t due to lack of talent in the press briefing room, but rather due to fulfillment of a central Biden promise: to beat Trump and make DC news boring again.And because DC is boring, sales of Dr. Jill’s biography: “Jill: A Biography of the First Lady” have been a little slow.It has nothing to do with the fact that Jill Biden is tacky, uninspiring, cheated on her first husband with Joe Biden and now
WASHINGTON — Citing growing worries about high gasoline prices, Democratic leaders announced an effort Thursday to give the Federal Trade Commission increased authority to crack down on companies that engage in price gouging. In doing so, they downplayed the possibility of other options such as a federal gas tax holiday or offering oil companies more government incentives to increase production. Instead, they said the FTC needs more tools, including stiffer fines and penalties and a team of dedicated experts to monitor markets and go after price gouging. With voters concerned about the growing toll of inflation, Democrats again signaled their intention
Winston-Salem, North Carolina – An angry customer stabbed a 16-year-old Jimmy John’s employee over a sandwich order.
Demetrius Holeman, 45, was charged with assault with a deadly weapon inflicting serious injury and injury to real property for the damages to the store, WXII reported.
According to police, Holeman was on a ‘do not serve’ list at Jimmy John’s because of past behavior but she entered the store on Tuesday and became violent.
The teen victim suffered non-life threatening injuries, but was badly hurt according to WXII.
WXII reported:
A High Point woman is facing charges after, police said, she became aggressive toward a Jimmy Johns employee over her sandwich order.
Some liberals cannot stare coldly at the Democrats losing the governor's race in Virginia last year after Terry McAuliffe spent the entire campaign talking about Trump, Trump, and more Trump. Glenn Youngkin was not Trump. On Friday's Morning Joe, Joe Scarborough's urgent electoral advice to Democrats was to make voters "very afraid" of the "crazy" Republicans. He and his supporting cast deployed a plethora of related epithets, calling Republicans: "dupes, knuckleheads, weirdos, freaks, loony, kooks, out of their blanking minds,
Democrat senators on Friday will weigh whether or not Elon Musk should testify about how he intends to reform Twitter.
The senators’ deliberation comes after the Biden administration on Wednesday created a “Disinformation Governance Board” just two days after Musk’s inked the deal with Twitter. It appears Democrats are gearing up for a two-pronged attack on any changes Musk makes to the platform.
“We’re thinking about it,” Commerce Committee Chair Sen. Maria Cantwell (D-WA) told Bloomberg News about a potential hearing. No hearing has yet been scheduled, but Democrats may find a hearing politically expedient.
Since Musk’s successful bid to take Twitter private, congressional Democrats have become interested
When Homeland Security Secretary Alejandro Mayorkas recently unveiled his “six pillar plan” for dealing with the crisis on our southern border, he certainly didn’t mention this truly awful idea. During his recent testimony before Congress, Mayorkas slipped in one option that Joe Biden is reportedly considering. In order to provide better care for the tens of thousands of illegal aliens streaming across the border, the White House is looking at the possibility of diverting funding from the Veterans Administration for that situation. Additionally, some of the doctors and nurses tasked with caring for our veterans could be reassigned to providing care for the illegals.
Another issue with the software in Dominion voting machines was reported last night in New Mexico. Earlier this week we reported that there were errors found in the EAC certified Dominion machines in a recent election in Tennessee.The ‘glitch’ moved a ballot and all ballots after that ballot to the adjudication process. From there the ballots could be manipulated since not processed in the normal count process.Nick Moseder reports:“What can you do with provisional ballots set off to the side? You can mass adjudicate them anytime down the road however you want and then tabulate them to the count using the RTR process outlined in the Dominion user manuals.”
Emails Surface More Evidence Hillary Clinton
Paid For Anti-Trump Disinformation Operation 26 replies
Paid For Anti-Trump Disinformation Operation 26 replies
Evidence continues to mount that the Hillary Clinton campaign paid former MI6 agent Christopher Steele to launder fraudulent opposition research through U.S. intelligence agencies.Newly published internal emails reveal that before Fusion GPS hired Steele on behalf of the Clinton campaign to dig up dirt on Donald Trump, the opposition-research firm began peddling several of the same Russia collusion lies that the former MI6 agent would later detail in the Steele dossier. This fact highlights a significant aspect of the Spygate scandal that deserves further focus and condemnation: Democrats’ outrageous exploitation of intelligence credentials and connections to launder scurrilous accusations against a political enemy.
CNN political commentator Van Jones was very blunt Friday, asserting that the day-to-day lives of black Americans have worsened under the lack of leadership by President Joe Biden and claimed that Democrats have “overpromised, underdelivered so far.”
Van Jones appeared on CNN’s “New Day” with co-host John Berman. He tore into Biden and fellow Democrats over cratering poll numbers, especially among black voters. A Gallup poll this month showed Biden’s approval rating among black Americans optimistically standing at 67 percent. The kicker is that number has dropped a shocking 20 percent since he took office.
Newly obtained bodycam footage was released this week showing a never before seen angle of Capitol Police Officer Lila Morris violently beating an already unconscious Rosanne Boyland at the US Capitol on January 6, 2021. The video was released by The Epoch Times on Friday.
In the video, Morris can be clearly seen using a large wooden stick to club Boyland three times, with blows landing on the head and body as she lay motionless on the ground. Despite countless bystanders screaming for her to stop her vicious assault, Morris continued until the wooden stick was jarred from her hand by a protester who intervened.
“Please stop pepper-spraying!