Issues & Insights,
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The Editorial Board
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Posted by
RockyTCB
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5/13/2021 6:53:31 AM
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Among the young, hip, Woke crowd, faux-nostalgia for the fabulous 1970s is all the rage these days. Well, if it’s the ’70s they want, it’s the ’70s they’ll get. And good and hard, as the saying goes. Seen inflation lately?
April consumer price inflation surged 4.2% over the last 12 months, four times higher than expected. Core inflation, which strips out volatile prices for food and energy, posted its biggest monthly increase since 1981, for a gain of 3% over the last year and the biggest annual increase since 1996.
OK, our inflation is bad, but we’re not quite at
Issues & Insights,
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The Editorial Board
Original Article
Posted by
RockyTCB
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5/12/2021 6:43:44 AM
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Joe Biden was the first senator to endorse Jimmy Carter for president. Now Biden appears bent on recreating Carter’s disastrous presidency. The parallels are striking.
What characterized Carter’s one-term presidency? Disasters at home and abroad. At home, the country suffered a self-inflicted energy crisis, with gas shortages and long lines. Inflation surged even as unemployment climbed, making the “Misery Index” a household term. Abroad, America’s adversaries sensed Carter’s weakness as Commander in Chief and the world was thrown in chaos – from the Iranian Revolution to the Soviet invasion of Afghanistan.
Carter’s response to these disasters was to tell people to
Issues & Insights,
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The Editorial Board
Original Article
Posted by
RockyTCB
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5/11/2021 6:31:10 AM
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More than two months ago, President Joe Biden, using a slur a Republican could never get away with, criticized the decisions by red state governors to lift mask-wearing mandates and reopen. He not only insulted the people of those states, he was wrong. So where’s his apology?
On March 2, Texas Gov. Greg Abbot and Mississippi Gov. Tate Reeves, both Republicans, not only lifted their states’ mask rules, they also killed business capacity limits. The next day, Biden, who seems to be as devoted to his mask as an infant is to a pacifier, felt it appropriate to compare Texans
Issues & Insights,
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The Editorial Board
Original Article
Posted by
RockyTCB
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5/10/2021 6:56:05 AM
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It must be a nasty surprise for companies that have slavishly repeated Woke mantras and imposed overtly racist policies on workers and even customers in the name of “racial equality” to now find themselves short of the one thing they need to thrive and grow: workers. They can thank Joe Biden and the Woke Democrats for that.
No question, right now companies are sucking for air, finding it impossible to ramp up fast enough as workers stay home in droves rather than return to work.
People are said to be “scratching their heads” over why, after a year of pandemic-forced
Issues & Insights,
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The Editorial Board
Original Article
Posted by
RockyTCB
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5/7/2021 5:42:52 AM
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When President Joe Biden declared that he wants all cars sold to be “zero-emission” by 2035, carmakers didn’t raise a peep of protest. Worse, they are starting to fall in line with promises to go all-electric, even though the vast majority of consumers don’t want these cars.
General Motors made a big splash earlier this year when it promised to sell only electric cars by 2035.
“General Motors is joining governments and companies around the globe working to establish a safer, greener and better world,” CEO Mary Barra said days after Biden was sworn in. “We encourage others to follow
Issues & Insights,
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The Editorial Board
Original Article
Posted by
RockyTCB
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5/6/2021 6:25:39 AM
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Even when they’re vaccinated against the coronavirus, Democrats insist on wearing masks and social distancing. Think of the absurd scene in the House chamber when President Joe Biden addressed Congress last week, or when Biden wore a mask on a Zoom call. The Democrats say theirs is the party of science but in reality it’s the party of fear, runaway emotions, and myth.
Not a shred of science has established that mandatory mask wearing and stay-at-home orders have been effective
Issues & Insights,
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The Editorial Board
Original Article
Posted by
RockyTCB
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5/5/2021 6:36:02 AM
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You’re about to get hit with a huge tax. No it’s not to pay for the new infrastructure bill or the Green New Deal, which will cost trillions of dollars in new taxes, though they do play a role. Nor does it come from paying for the trillions of COVID-19 “stimulus” packages that Congress has passed, even as the economy roared out of its recession late last year. No, this tax is far more insidious than all that.
It’s inflation. A tax that costs everyone dearly, rich and poor alike.
Americans have gotten used to having little or no inflation.
Issues & Insights,
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The Editorial Board
Original Article
Posted by
RockyTCB
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5/4/2021 7:27:34 AM
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In the run-up to the 2020 elections, we were bombarded with stories about Republicans who were not only opposed to Donald Trump’s reelection but were actively campaigning on behalf of Joe Biden.
These Republicans didn’t just express disdain for Trump, they sang Biden’s praises, calling him a uniter, a reasonable centrist, an honest man, someone who’d reach across the aisle “to get things done.” Now, after Biden’s first 100 days in office, we can see how well those promises have held up.
Our judgment in three words: Not. At. All.
Issues & Insights,
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The Editorial Board
Original Article
Posted by
RockyTCB
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5/3/2021 6:40:18 AM
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Last week, President Joe Biden said it’s the patriotic duty of Americans to wear masks while outside. Years ago, while campaigning as Barack Obama’s running mate, he said it was patriotic to pay higher taxes. It’s hard to decide if these statements are more akin to the ramblings of a child or are uncomfortably similar to Third World despots who demand obedience from their subordinated citizens.
Frankly, they’re both. Making a distinction is virtually impossible.
When we hear Biden try to force his view of patriotism on the country, we think of Woody Allen’s “Bananas,”
Issues & Insights,
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The Editorial Board
Original Article
Posted by
RockyTCB
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4/30/2021 6:22:42 AM
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In his speech to Congress this week, President Joe Biden heartily patted himself on the back for everything good that is happening right now.
He described a country in crisis when he took office and said that “After 100 days of rescue and renewal, America is ready for a take off.”
The day after Biden’s speech, the Commerce Department reported GDP growth for the first three months of this year was 6.4%. New COVID cases are on the decline, and vaccines are plentiful.
So, it looks like Biden’s right, doesn’t it?
Except he doesn’t deserve any credit for any of
Issues & Insights,
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The Editorial Board
Original Article
Posted by
RockyTCB
—
4/29/2021 6:38:53 AM
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President Biden’s new $1.8 trillion plan to “expand the safety net” is just more Keynesian spending, on steroids. Along with the $2.3 trillion infrastructure boondoggle, it brings to $6 trillion the amount that will be spent this year. But anyone who thinks that swollen federal spending and much bigger government will help the economy return to “normal” after the virus is delusional.
Not surprisingly, the media are doing strenuous PR work on Biden’s behalf. In particular, a spate of recent articles liken Biden to the late President Franklin Delano Roosevelt. A recent New York Times piece carried the headline “How
Issues & Insights,
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The Editorial Board
Original Article
Posted by
RockyTCB
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4/27/2021 6:30:13 AM
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Those foolish enough to believe that President Joe Biden would usher in a new era of peace and harmony in America must be sorely disappointed by how his administration has performed so far. If anything, people are more polarized than ever, and by constantly appeasing the far left of his party, Biden is only making matters worse.
This week, the polling firm TechnoMetrica Market Intelligence launched a new “TIPP Unity Index” to track just how divided the nation is.
The finding is that a mere 33% say the country is united, while 61% think it’s divided. In other words, the