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While the title of this blog has probably always been true, I don’t think it has ever been more true than it is today. I say this for a number of reasons. Our country has never been more divided than it is right now. It seems that political chicanery is no longer the exception, but the rule. The fact that our “free press” can no longer be depended on as the arbiter of truth leaves citizens with no dependable source for facts. All of these variables make it difficult to convince people they have been duped.

The above paragraph is the perfect segue into the topic of the week, “Bidenomics”. Last Wednesday President Biden said that, “Good jobs and lower costs, that’s Bidenomics in action”. Regardless of what the President, or the compromised press/media tell us, we know that costs are out of control. The President blames that on everybody but himself. The press/media turns a blind eye. Sadly, there are people who hear Biden’s falsehoods then use them to defend Biden’s deplorable policies. His policies continue to crush middle and lower income Americans.

We don’t need the President, economists, or the press/media, to know that we are paying significantly higher prices today than when Biden took office. We just received the news that the inflation rate for June was “only” 3%. Biden strutted in exultation, crowing the great news. Inflation at 3% is an improvement from a year ago. But what the liars conveniently refuse to report is that this 3% rate is on top of the rate of inflation in June of 2022. They’re hoping that forgetful, and dimwitted, Americans will forget that last June the inflation rate was at a 40 year high of 9.1%. Here’s why it is important, and must not be forgotten. Let’s take a look at a hypothetical shopper who bought $100 of groceries in June of 2021. In June of 2022, thanks to the 9.1% inflation rate, that shopper, buying exactly the same groceries, would have paid $109.10. When the current 3% inflation rate is added, the exact same groceries purchased today would cost $112.37. A $12.37 increase is chump change to the elites who caused the increase. But to people on a fixed income and middle and low income earners whose families spend that amount for groceries several times a month it is crushing. Thanks to mountains of misinformation, many of these people refuse to identify the real culprit. The culprit is President Joe Biden. His socialistic policies are making millions of Americans poorer. Way to go Joe.

They are begging you to take them at their word. They are betting that we won’t take the time to think for ourselves. The results of the 2022 midterm elections suggest they have made a good bet. Let’s do a little simple arithmetic and prove them wrong. Let’s say that in 2021, when Biden took office, you were looking to borrow $100,000 to purchase a new home. The 30 year mortgage rate was 2.96%. That means you would pay $2,960 a year, or $247 a month, in interest to borrow that $100,000. Today, after 2 and 1/2 years of Bidenomics controlling costs, the 30 year mortgage rate stands at 6.92%. That means you would pay $6,920 a year, or $576 a month, in interest to borrow the same amount of money. Scads of Americans have not been able to afford to move into more expensive homes, and scads more have been priced out of the home buying market entirely. Uncle Joe, and the press/media, tell us that debilitating interest rates are not his fault. They tell us the increase is because the Russians invaded Ukraine. And too many of us believe it. We refuse to believe we are being deceived.

Biden defenders holler that keeping inflation under control is the responsibility of the Federal Reserve (Fed), not the President. Generally speaking, that is correct. But it wasn’t the Fed. who reduced the production of oil and gas in the U.S., causing prices of everyday necessities to skyrocket. It wasn’t the Fed. who spent trillions of dollars we didn’t have, causing an unprecedented amount of money printing to cover those expenditures. Going further into debt, at the government level, always causes a spike in inflation. Think of our Fed. as Hans Brinker, the Dutch boy who prevented a flood by sticking his finger in the hole in a dam. The Fed. has been forced to use every one of its fingers and toes to stop the flood being created by Bidenomics. I shudder to think what appendage the Fed. may be forced to use if one more leak springs in the dam. It is Biden and his policies that are to blame, not the Fed.

Biden crowed that his policies will create better paying jobs. Again, I ask you to think for yourself. Do you believe the thousands of Keystone XL pipeline workers who lost their jobs because of Biden’s Executive Order shutting down that project, are doing better today? (Most were earning at, or around, 6 figure incomes). You know the answer to that question. Last month, the economy added 209,000 nonfarm jobs. While this marks the 30th month in a row of job gains, the number shows a continuing, significant, decline over each of the past few months.

When the President is worried that a slowing jobs market might signal a bad economy, what might he do? Our President hired tens of thousands of new employees into the government. Of the 209,000 jobs added last month, one sector was responsible for nearly 30% of those gains. Which sector would you guess added 60,000 new employees? If you guessed the government sector, give yourself a gold star. America doesn’t need a bigger, inflation generating, taxpayer dollar sucking, government. That doesn’t matter to our President. What is important is that he can say his policies are growing jobs, and the economy. Are you still refusing to recognize that you have been fooled?

As further proof the title of this blog is accurate, I give you these final statistics. In an AP-NORC poll taken in late June, 85% of U.S. adults say the country is headed in the wrong direction. That is 92% of Republicans and 78% of Democrats. Only 14% say it is going in the right direction. (Are there that many people on the take in the Biden family)? There are 79% who think the economy is poor. That is 90% Republicans and 67% Democrats. One could say these numbers prove we are seeing through all of the Biden malarkey. Not so fast my friend. When CNN averaged all of the June polls measuring Joe Biden’s approval ratings only 57% of Americans disapprove of him. Really? Who the hell do they think is mostly responsible for the economy. Who has a more direct impact on the direction this great nation is heading than the President? How much worse will things have to get before the 43% who think Joe is doing well will be convinced they have been hoodwinked? Until then, those of us who get it must continue to tell the truth about how this President is failing our great nation. I’ll keep writing. I hope you’ll do whatever you can to get the message out. I fear we won’t survive another 4 years of the socialism being pushed by this President and his Progressive Left friends.

Thank you for reading my blog. I hope you found it interesting and informative. If so please pass it along to your friends, and to those you know who are still in the dark. Bob