During the Biden economy CNN’s revenue dropped 18%, over $400 million. In 2022 the inflation rate was reported as over 8%. Although we know Biden under reported inflation, the reported inflation during the Biden years was over 11%. The real number is probably over 20%. Inflation has outpace wage increases whichever number you use.
And yet CNN makes the claim that Trump threatens Biden’s Goldilocks economy. Apparently Goldilocks was an insane bitch who ran a feudal estate and broke into people’s homes to insult their intelligence and to eat their soup and to leave them broke and hungry and suicidal. And CNN writers love the crazy bitch.
To add insult to injury by CNN’s love for Biden’s economy, the wealth disparity between rich, middle class, and poor increased under Biden. The Oligarchy saw their wealth increase $1.5 trillion.
The article on CNN is mostly about Trump pausing, ordering the suspension of hundreds of billions of dollars in federal grants and loans. A judge temporarily halted the suspension. CNN claims the temporary suspension is illegal, but government departments are not required to spend all the money allocated by Congress. The Antideficiency Act and the Congressional Budget and Impoundment Control Act (ICA) limit how much money federal agencies can spend. The temporary suspension is intended to get a handle on what the departments are doing, such as sending $50 million worth of condoms to GAZA.
Both Trump and Biden increased the government debt by a huge amount during the unprecedented times, but now the debt must be brought back in line and Trump is trying to do that. It is going to be difficult if not impossible. The Democrats can either rant and rave like a bunch of angry lunatics or they can help.
The first government of the United States was the Second Continental Congress, which served as a provisional government from 1776 to 1781. The first US Government was brought down by high taxes and unmanageable debt at the state level that culminated in the Shay’s rebellion. Every politician, Democrat or Republican, should be aware that it was high taxes and high debt that destroyed the first American Government. They should be more than determined to make sure our current government is not destroyed in a similar fashion.
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