Biden’s economy takes away a full month’s pay

President Biden continues to insist that the economy is growing like crazy, and his policies are to credit for it, despite the fact that we are in a recession, but only if you use the definition of “recession” that until he came along was the universal definition of “recession.” He also claimed that there was no inflation in July, just because for once, inflation didn’t increase from the previous month, mostly because of a drop in gas prices that’s largely due to draining our strategic petroleum reserve and prices being so high that most people curtailed their driving (they’re still about a dollar higher per gallon than when Biden took office, though.)

However, this morning, stock prices took another plunge as Biden’s own Labor Department undercut his economic fairy tales by reporting that inflation rose more than expected in August. The consumer price index rose 8.3% from one year ago and 0.1% from the previous month. Economists had predicted an 8.1% yearly rise and a monthly price decline of 0.1%. Gas prices are down, but food prices continue to rise. Grocery prices were up 0.7% just since July, and restaurant prices rose 0.9% from the previous month.

https://www.foxbusiness.com/economy/inflation-rose-august-prices-gains-slow-remain-near-record-high

To put that into perspective, 8.3% of your salary is about one-twelfth of it. So if you’re making the same pay now as you did last year, higher prices have robbed you of a full month of your yearly pay. If you buy the same things this year as you did last year, inflation has made it like trying to pay for it with 11 months’ worth of pay instead of 12 months’ worth.

With perfect timing, Biden had planned to use today to stage a victory lap for passing the Dems’ ironically named “Inflation Reduction Act,” which doesn’t reduce inflation at all but does put hundreds of billions of dollars in their green cronies’ pockets and hire 87,000 new IRS auditors to shake it out of our pockets.

The fact is that any job “growth” that Biden is patting himself on the back for came from either reopening the artificially shut-down economy or the boom in red states that are defying his policies. Imagine what the economic numbers would look like if they only took blue states into account!

Related: A new survey by the Job Creators Network Foundation found that 57% of small business owners believe we are already in a recession. Only 30% rate the economy as good or excellent. And 70% oppose adding 87,000 more IRS agents, because they know they’re not just going to target billionaires; they’ll be going after small businesses.

https://hotair.com/headlines/2022/09/12/small-business-owners-recession-is-already-here-n495850

58% of voters agree

I strongly suspect that the reason we’re seeing all the raids and subpoenas of Trump and his supporters, and Biden railing against your aunt in a MAGA cap as if she’s worse than Osama bin Laden, is because they desperately want the midterm elections to be about “Orange Man BAAAAD!!” and not about rampant crime, inflation, open borders, high gas prices, empty store shelves, the deadly Afghanistan pullout, 87,000 new IRS agents, the politicized and weaponized bureaucracy, and all the other great things that two years’ worth of Democrats being in charge have brought us.

So, how’s that strategy of demonizing half the country playing with voters? Not so well.

https://www.washingtonexaminer.com/news/washington-secrets/enough-most-want-biden-to-fix-economy-quit-blaming-maga

In the latest Rasmussen survey, 58% of likely voters agreed with the statement, “Joe Biden should quit blaming ‘MAGA Republicans’ and get to working on the economy he ruined.” Only 38% disagreed (I find the agreement with the phrase “the economy he ruined” especially interesting – and encouraging. Even with the power of the mass media, you can’t fool all of the people all of the time.)

I am disappointed to see that voters were evenly split on swallowing Biden’s claptrap about “MAGA Republicans” representing “an extremism that threatens the very foundations of our republic.” If you want to find those, look at the leftwing extremists who’ve taken over the Democratic party and would happily use the Constitution as Charmin, packing the SCOTUS and eliminating the Electoral College, as long as it cemented their one-party power.

But at least that even split is mostly along party lines, with the good news being that Independents whom the Democrats need to win elections oppose Biden’s MAGA demagoguery by 53-40%. In a world where everyone thought clearly and didn’t get their news from propaganda outlets, the disapproval rating on any President demonizing half the country for disagreeing with him would be 100%.

Stelter’s new gig

As if Americans didn’t already suspect that college degrees are highly overvalued, it was announced that recently-fired CNN host/DNC mouthpiece Brian Stelter has been hired by Harvard’s Kennedy School as the Walter Shorenstein Media and Democracy Fellow. He will reportedly help instruct students on “threats to democracy.” So what’s his job, being Exhibit A?

https://www.westernjournal.com/brian-stelters-new-gig-getting-dumped-cnn-shows-exactly-mess/

“They Elected Democrats”

It’s so sad to see that the beautiful town of Asheville, North Carolina, is plagued by a 31% spike in violent crime, loss of police, homelessness, drugs, drug gang activity and the genuine fascists of Antifa. And all of these plagues stem from the same three simple words that describe all the beautiful cities in America that have spiraled into anarchy in recent years:

“They elected Democrats.”

https://www.foxnews.com/us/democrat-run-tourist-town-north-carolina-sees-violent-crime-spike-as-police-dwindle-perfect-storm

Investigation reveals THIS didn’t happen

The media gave a lot of attention to a claim that Brigham Young University fans yelled racial slurs at black Duke volleyball players. But an investigation turned up no evidence that it actually happened. That’s not such a surprise, since there have been many such hoax claims, but what’s unusual and encouraging about this one is that the retraction is actually getting a little media attention, too.

https://hotair.com/john-s-2/2022/09/12/auto-draft-60-n495991

Maybe things really are changing at CNN if they're willing to devote a segment called “On Further Review” to admitting that they rushed to judgement in trumpeting the first story without doing due diligence.

John Sexton at Hotair.com rightly points out that CNN felt the need to remind us that there is still “systemic racism,” so why did all the allegedly racist systems, from the schools to the media, rush to condemn the alleged racists before they even knew if the story was true? For a bunch of racist systems, they certainly seem terrified of anyone thinking they’re racist.