Subject: Re: Morgan Stanley credits Bidenomics
When Biden was elected my expectations were pretty low. But for me, Biden was the only choice in a race that pitted him against the most corrupt, vile, lying, criminal president who's ever held the office. And now we're finally seeing those crimes prosecuted.
I'm not going to argue which president was/is worse.
We all know though Biden is up against a lot of accusations with creditable witnesses and information and could be on the verge of impeachment, not to mention the cover up for Hunter and getting him off with a slap on the wrist.
Unless you're totally dishonest, and even if you disagree with his policies, you have to admit that Biden has accomplished much in just two years.
Normal achievement for a president in Office, some of which benefit Biden emerging from the pandemic.
Now lets have a link at the other side of the coin....
Gas prices remain at a seven-year high ' levels not seen since Joe Biden was Vice President.
An increase in the cost of everyday goods and services disproportionately hurts lower-income families. Real average hourly earnings have decreased by 1.7 percent because of inflation.
On top of rising prices for everyday goods, costs for other essential services like health care are also rising. Seniors are seeingthe largest ever Medicare Part B premium increase in 2022.
President Biden's weak leadership and lack of foreign policy strategy have crippled the United States' power and influence on the world stage. Afghanistan has fallen to the Taliban, China has ramped up its aggression against Taiwan, Hong Kong, and the Uyghurs, and now, Russia has invaded Ukraine.
Vladimir Putin ' and the rest of the world ' saw President Biden withdraw U.S. troops from Afghanistan without concrete plans to protect Americans and Afghan citizens or prevent the Taliban from taking over the country.
President Biden's bad energy policies have emboldened Moscow to expand its energy foothold throughout Europe.
Sadly, fentanyl overdoses are now the leading cause of death for Americans aged 18-45, and the U.S. Drug Enforcement Administration found a "direct link" between Mexican cartels and fentanyl-related overdose deaths.
Regular Americans are paying the price and experiencing the consequences of the Biden Administration's failing transportation policies.
Snip
Biden said that the border crisis didn't begin 'overnight.' Actually, it pretty much did begin overnight'the moment he took office. Since he was sworn in as president, there have been an estimated 5.5 million illegal border crossings.
snip
'Border towns are besieged, but the whole country is now experiencing the effects of the illegal immigration crisis.
Not only are millions of people crossing the border illegally, the border situation has created additional problems beyond the humanitarian issue. Huge quantities of illicit drugs such as fentanyl are coming across the border, too, brought here by drug and human traffickers who thrive in the chaos.
It's not a stretch to say that Biden has created the worst border crisis in U.S. history. We've set records for border crossings in each of his first two years as president, and at the current rate, we will set an illegal border-crossing record again this year.
This is all while Department of Homeland Security Secretary Alejandro Mayorkas again and again assures us that the border is 'secure.'
https://www.heritage.org/progr...
Snip
'Inflation may be slowing down a bit'while food prices soar'but for the most part, the U.S. economy under Biden has suffered its highest levels of inflation since the Jimmy Carter administration in the late 1970s.
The result is that while the U.S. economy has low unemployment, for now, inflation and the cost of living are wiping out the wealth of the average American.
In fact, according to E.J. Antoni, an economist at The Heritage Foundation, the average American family has lost $7,100 in purchasing power under Biden due to inflation and high interest rates. So, while the Biden administration has celebrated a rise in take-home pay, the reality is that inflation during his presidency has more than nullified those gains.
Antoni also took issue with Biden's spin on the slowing inflation. Slightly lower inflation is hardly a major victory.
'[Biden] is right to say inflation is going down, but that is not the same as prices going down. Inflation going down means that prices are still rising, just not quite as fast as before. A 7.1% inflation rate is still horrific. It means prices will double in about a decade,' Antoni said in a December interview with The Daily Signal, the news outlet of The Heritage Foundation.'
https://www.heritage.org/progr...
Snip
'In April, the Biden administration issued guidance through the Department of Health and Human Services to ensure that 'transgender youth receive the care they need.'
What does that mean? This is from a Justice Department memo released at the same time:
Intentionally erecting discriminatory barriers to prevent individuals from receiving gender-affirming care implicates a number of federal legal guarantees. State laws and policies that prevent parents or guardians from following the advice of a health care professional regarding what may be medically necessary or otherwise appropriate care for transgender minors may infringe on rights protected by both the Equal Protection and the Due Process Clauses of the Fourteenth Amendment.
The bottom line is that Biden, with the power of the federal government, wants to ensure that your child will be gender-transitioned, whether you like it or not.'
https://www.heritage.org/progr...
Snip
'A more recent development in the Biden presidency has been the discovery that he had classified documents from when he was the vice president under President Barack Obama.
Of course, when the FBI seized documents from former President Donald Trump's Mar-a-Lago compound in Florida, the media treated it as the scandal of the century. At the time, Biden said he couldn't believe how 'anyone could be that irresponsible' to keep classified documents.
The media are working overtime to draw a distinction here to soften the blow for Biden, but the reality is that this looks bad for the president. It also undermines their arguments about Trump and Republicans being some kind of unique threat to the country.'
Even Sen. Dick Durbin, D-Ill., the No. 2 Democrat in the Senate, said that the recent discovery of classified materials in Biden's Delaware home and the Penn Biden Center 'diminishes the stature of any person who is in possession of it' and that Biden 'bears ultimate responsibility.'
https://www.heritage.org/progr...
President Biden has willfully refused to enforce our nation's immigration laws while ... Biden's failed open border policies.
https://gov.texas.gov/uploads/...
Biden's Incompetence And Failure Reflecting In Polls
https://amac.us/newsline/elect...