President Biden is giving his first State of the Union tackle tonight with rebuttals from Iowa Governor Kim Reynolds and The Squad’s Rashida Talib (sure, a Republican is giving the rebuttal to Biden’s SOTU speech, and a Democrat is rebutting a Democrat President??)
Let’s take a look at a brief checklist of Biden’s financial triumphs. I’ll ignore Biden’s catastrophic Afghanistan withdrawal and his weak response to the Russian invasion of Ukraine.
If you would like larger oil and gasoline costs, Biden is an amazing success.
If you happen to like rampant authorities spending, then Biden is your man. Residence worth progress is as much as 18.84%, making housing unaffordable for thousands and thousands of American households.
Wages? They’re up, however declining after 7.5% YoY inflation. And GDP is sort of zero.
Biden can solely level to rising common hourly wages, however not REAL common hourly wages.
Inflation? Highest in 40 years, as a result of extreme Federal spending, The Fed’s loopy printing and Biden’s power mandates.
I’m scratching my head to think about accomplishments for Biden to say within the SOTU. However I’m positive that he’ll say one thing constructive. In any other case, Biden’s SOTU speech ought to be the Billy Preston track “Nothing from Nothing.“
