Aside from the blunders President Biden has made concerning the border crisis, energy policy and foreign policy, his biggest blunders are on economic policy. Based on his latest budget proposal, he is trying to commit his biggest blunder.
Biden’s proposed budget vastly increases government spending and government taxation, while creating trillion-dollar annual budget deficits well into the future.
Let’s factually take a look at the current situation. The economy right now is growing at the fastest pace in nearly four decades. It is likely that growth this year will hit 8%. Last quarter we grew at 6.4%, up from 4.2% the prior quarter. The economy is growing very well, and we are near the level that we were prior to the virus. There is no problem with growth.
But inflation is a problem. Despite the administration’s position, inflation is right now a serious problem that will get worse the longer we wait to react to it. Biden’s budget proposal will make the inflation problem much worse.
The inflation data is presented in a number of ways to consumers. Sometimes a monthly price index is given, which compares consumer prices to the prior month. Sometimes the index is compared to the same month […]
We Often Feel Like David Taking on Giants
Today’s Goliath is the Mainstream Media Industrial Complex that brainwashes the masses.
Our mission is very straightforward: To counter the false narratives and nefarious agendas destroying America today. It isn’t easy for obvious reasons; despite incredible growth over the last year we are still a very tiny fish in a huge media pond. But we’re fighting and we will continue to do so, Lord willing, for as long as we possibly can. The battle for America’s present and future is too important for us to back down to the giants that stand in our way.
We need help. I don’t want to say “desperately,” but the need is definitely great. If you have the means, please donate through our GivingFuel page, PayPal, or our Substack page. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!
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