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Posts tagged ‘inflation’

Federal Reserve chairman needs just one sentence to dismantle Biden’s narrative on inflation crisis


Reported by CHRIS ENLOE | June 22, 2022

Read more at https://www.theblaze.com/news/federal-reserve-chairman-uses-one-sentence-to-dismantle-biden-s-narrative-on-inflation/

Federal Reserve Chairman Jerome Powell contradicted President Joe Biden on Wednesday, explaining the ongoing inflation crisis is not being driven primarily by Russian President Vladimir Putin. As recently as Monday, the Biden administration called the Ukraine war “the biggest single driver of inflation.”

While Powell testified before the Senate Banking Committee, Sen. Bill Hagerty (R-Tenn.) asked Powell whether Biden’s narrative — that Putin and the Ukraine war are responsible for America’s inflation crisis — is true.

“I realize there are a number of factors that play a role in the historic inflation that we’re experiencing: supply chain disruptions, regulations that constrain supply, we’ve got rising inflation expectations and excessive fiscal spending, But the problem hasn’t sprung out of nowhere,” Hagerty said. “In January of 2021, inflation was at 1.4%. By December of 2021, it had risen to 7% — a fivefold increase. Now, since the war in Ukraine began in late February, the rate of inflation has risen incrementally another 1.6% to a current level of 8.6%. So again, from 7% to 8.6%.’

“Given how inflation has escalated over the past 18 months, would you say that the war in Ukraine is the primary driver of inflation in America?” the senator then asked.

It took just one sentence for Powell to crush Biden’s narrative.

“No, inflation was high before, certainly before the war in Ukraine broke out,” Powell admitted.

LIVE: Fed Chair Jerome Powell testifies before Senate Banking Committee on monetary policy — 6/22/22 youtu.be

Because of high inflation — which topped 8.6% in May — Powell told Congress on Wednesday that aggressive action taken by the Federal Reserve, which is necessary to combat inflation, could trigger a recession.

“It’s certainly a possibility,” Powell said.

Former Treasury Secretary Larry Summers, on the other hand, believes a recession is all but guaranteed, precisely because of the Fed raising interest rates.

“Look, nothing is certain, and all economic forecasts have uncertainty,” Summers said Sunday on NBC. “My best guess is that a recession is ahead.’

“I base that on the fact that we haven’t had a situation like the present with inflation above 4% and unemployment beyond 4% without a recession following within a year or two,” he explained. “And so, I think the likelihood is that in order to do what’s necessary to stop inflation the Fed is going to raise interest rates enough that the economy will slip into a recession.”

Today’s Politically INCORRECT Cartoon by A.F. Branco


A.F. Branco Cartoon – Feeling the Pain

A.F. BRANCO | on June 20, 2022 | https://comicallyincorrect.com/a-f-branco-cartoon-feeling-the-pain/

Biden’s policies like inflation, gas prices, etc, inflict pain on America while he blames Putin.

Biden’s Pain on America
Political cartoon by A.F. Branco ©2022

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A.F. Branco has taken his two greatest passions, (art and politics) and translated them into cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and President Donald Trump.

Today’s Politically INCORRECT Cartoon by A.F. Branco


A.F. Branco Cartoon – Angry Old Bird

A.F. BRANCO | on June 16, 2022 | https://comicallyincorrect.com/a-f-branco-cartoon-angry-old-bird/

Biden says that the results of his destructive policies are lies while those on fixed incomes continue to suffer.

Inflation effects on Fixed Incomes
Political cartoon by A.F. Branco ©2022.

DONATE to A.F.Branco Cartoons – Tips accepted and appreciated – $1.00 – $5.00 – $25.00 – $50.00 – $100 – it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and President Donald Trump.

Today’s Politically INCORRECT Cartoon by A.F. Branco


A.F. Branco Cartoon – Captain Oblivious

A.F. BRANCO | on June 14, 2022 | https://comicallyincorrect.com/a-f-branco-cartoon-captain-oblivious-2/

Sometimes it feels like Fire Marshall Bill is running the nation, that is the inspiration behind this cartoon.

Biden Economic Disaster
Political Cartoon by A.F. Branco ©2022.

DONATE to A.F.Branco Cartoons – Tips accepted and appreciated – $1.00 – $5.00 – $25.00 – $50.00 – $100 – it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and President Donald Trump.

Today’s Politically INCORRECT Cartoon by A.F. Branco


A.F. Branco Cartoon – Crowning Achievements

A.F. BRANCO | on May 17, 2022 | https://comicallyincorrect.com/a-f-branco-cartoon-crowning-achievements/

It backfired badly when Biden tried slamming Trump by labeling him the M.A.G.A king, a name Trump wears proudly.

The MAGA King
Political cartoon by A.F. Branco ©2022.

DONATE to A.F.Branco Cartoons – Tips accepted and appreciated – $1.00 – $5.00 – $25.00 – $50.00 – $100 – it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and President Donald Trump.

‘That’s Not How You’re Going to Solve Inflation’: CNBC Host Calls Out Pete Buttigieg to His Face


REPORTED BY NICOLE SILVERIO, MEDIA REPORTER | May 16, 2022

Read more at https://dailycaller.com/2022/05/16/biden-inflation-cnbc-squawk-box-andrew-ross-sorkin-pete-buttigieg/

CNBC's Andrew Ross Sorkin and Transportation Sec Pete Buttigieg
[Screenshot/Rumble/CNBC]

CNBC host Andrew Ross Sorkin confronted Transportation Secretary Pete Buttigieg on the administration’s plans to tackle inflation during Monday’s “Squawk Box.” Sorkin brought up the issue of the administration’s plans to raise corporate taxes in light of President Joe Biden’s tweet Friday urging that “the wealthiest corporations pay their fair share” in order to bring down inflation. The host then pressed Buttigieg, arguing that corporate taxes and inflation are two separate issues for the most part.

“Yes, in the immediate term, maybe it will have some impact on inflation,” Sorkin began. “But corporate taxes is a long-term issue, you either do it because you think it’s the right thing to do or the wrong thing to do, not because you’re trying to deal with inflation right this second.”

“A lot of it is what you’re going to do with the revenue and again, we have an agenda to use tax revenue on things that are going to ease inflationary pressures,” Buttigieg replied. “But also, we have a very clear contrast right now. You have Senate Republican proposals that are about raising taxes on the poor and middle class, and you have the president’s worldview, which is shared by the majority of Americans, that if anybody needs to be carrying more of the load right now, it is the wealthiest corporations that have become extremely profitable—”

“That’s not how you’re going to solve inflation,” Sorkin interjected. 

“Hold on, this is really important. Corporations that have invoked inflation as an excuse to keep prices high in ways that are not just reflected by the supply picture and are pocketing the difference,” the secretary continued.

Multibillionaire Jeff Bezos debunked Biden’s calls to raise corporate taxes, calling the “mushing” of tax rates and inflation “misdirection.”

“The newly created Disinformation Board should review this tweet, or maybe they need to form a new Non Sequitur Board instead,” Bezos said. “Raising corp taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection.”

The newly created Disinformation Board should review this tweet, or maybe they need to form a new Non Sequitur Board instead. Raising corp taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection. https://t.co/ye4XiNNc2v

— Jeff Bezos (@JeffBezos) May 14, 2022

Inflation reached its quickest uptick since December 1981 after soaring 8.5% in March. The price of fuel reached a new all-time record of $4.37 per gallon Tuesday.

VICTOR DAVIS HANSON Op-ed: Imagine the Unimaginable


Commentary by VICTOR DAVIS HANSON, CONTRIBUTOR | May 12, 2022

Read more at https://dailycaller.com/2022/05/12/victor-davis-hanson-imagine-the-unimaginable/

OPED-hanson-GET
Anton Novoderezhkin/SPUTNIK/AFP/Getty Images/TNS

Americans are now entering uncharted, revolutionary territory. They may witness things over the next five months that once would have seemed unimaginable. Until the Ukrainian conflict, we had never witnessed a major land war inside Europe directly involving a nuclear power. In desperation, Russia’s impaired and unhinged leader, Russian President Vladimir Putin, now talks trash about the likelihood of nuclear war.

A 79-year-old President Joe Biden bellows back that his war-losing nuclear adversary is a murderer, a war criminal, and a butcher who should be removed from power.

After a year of politicizing the U.S. military and its self-induced catastrophe in Afghanistan, America has lost deterrence abroad. China, Iran, North Korea and Russia are conniving how best to exploit this rare window of global military opportunity.

The traditional bedrocks of the American system – a stable economy, energy independence, vast surpluses of food, hallowed universities, a professional judiciary, law enforcement and a credible criminal justice system – are dissolving. Gas and diesel prices are hitting historic levels. Inflation is at a 40-year high. New cars and homes are unaffordable. The necessary remedy of high interest and tight money will be almost as bad as the disease of hyperinflation.

There is no southern border.

Expect over 1 million foreign nationals to swarm this summer into the United States without audit, COVID testing, or vaccination. None will have any worry of consequences for breaking U.S. immigration law.

Police are underfunded and increasingly defunded. District attorneys deliberately release violent criminals without charges. (Literally 10,000 people witnessed a deranged man with a knife attack comedian Dave Chappelle on stage at the Hollywood Bowl last week, and the Los Angeles County D.A. refused to press felony charges.) Murder and assault are spiraling. Carjacking and smash-and-grab thefts are now normal big-city events.

Crime is now mostly a political matter. Ideology, race, and politics determine whether the law is even applied.

Supermarket shelves are thinning, and meats are now beyond the budgets of millions of Americans. An American president – in a first – casually warns of food shortages. Baby formula has disappeared from many shelves.

Politics are resembling the violent last days of the Roman Republic. An illegal leak of a possible impending Supreme Court reversal of Roe v. Wade that would allow state voters to set their own abortion laws has created a national hysteria.

Never has a White House tacitly approved mobs of protesters showing up at Supreme Court justices’ homes to rant and bully them into altering their votes.

There is no free speech anymore on campuses.

Merit is disappearing. Admissions, hiring, promotion, retention, grading and advancement are predicated increasingly on mouthing the right orthodoxies or belonging to the proper racial, gender or ethnic category.

When the new campus commissariat finally finishes absorbing the last redoubts in science, math, engineering, medical and professional schools, America will slide into permanent mediocrity and irreversible declining standards of living.

What happened?

Remember all these catastrophes are self-induced. They are choices, not fate. The U.S. has the largest combined gas, coal and oil deposits in the world. It possesses the know-how to build the safest pipelines and to ensure the cleanest energy development on the planet.

Inflation was a deliberate Biden choice. For short-term political advantage, he kept printing trillions of dollars, incentivizing labor non-participation, and keeping interest rates at historical lows – at a time of pent-up global demand.

The administration wanted no border. Only that way can politicized, impoverished immigrants repay left-wing undermining of the entire legal immigration system with their fealty at the ballot box.

Once esoteric, crack-pot academic theories – “modern monetary theory,” critical legal theory, critical race theory – now dominate policymaking in the Biden administration.

The common denominator in all of this is ideology overruling empiricism, common sense, and pragmatism. Ruling elites would rather be politically correct failures and unpopular than politically incorrect, successful, and popular.

Is that not the tired story of left-wing revolutionaries from 18th-century France to early 20th-century Russia to the contemporary disasters in Cuba and Venezuela?

The American people reject the calamitous policies of 2021-2022. Yet the radical cadres surrounding a cognitively inert Biden still push them through by executive orders, bureaucratic directives, and deliberate cabinet nonperformance.

Why? The Left has no confidence either in constitutional government or common sense.

So as the public pushes back, expect at the ground level more doxxing, cancel culture, deplatforming, ministries of disinformation, swarming the private homes of officials they target for bullying and likely violent demonstrations in our streets this summer.

Meanwhile, left-wing elites will do their best to ignore Supreme Court decisions, illegally cancel student debts and likely by the fall issue more COVID lockdowns. They will still dream of packing the Court, ending the filibuster, scrapping the Electoral College, adding more states, and flooding the November balloting with hundreds of millions more dollars of dark money from Silicon Valley.

When revolutionaries undermine the system, earn the antipathy of the people, and face looming disaster at the polls, it is then they prove most dangerous – as we shall see over the next few months.

Victor Davis Hanson is a distinguished fellow of the Center for American Greatness. He is a classicist and historian at the Hoover Institution, Stanford University, and the author of “The Second World Wars: How the First Global Conflict Was Fought and Won,” from Basic Books. You can reach him by e-mailing authorvdh@gmail.com.

©2022 Tribune Content Agency, LLC.

National average price for a gallon of regular gas soars to new high as Americans get soaked by soaring inflation


Reported by ALEX NITZBERG | May 10, 2022

Read more at https://www.conservativereview.com/national-average-price-for-a-gallon-of-regular-gas-soars-to-new-high-as-americans-get-soaked-by-soaring-inflation-2657297320.html/

As of Tuesday, the AAA national average price for a gallon of regular gas reached $4.374, a staggering figure that marks a new record high when inflation is not taken into account. Gas Buddy also reported that the national average price of gas had hit a new high, though it pegged the price at $4.36 per gallon. While the prices mark fresh highs, reports indicate that when inflation is factored into the equation, the new record still does not eclipse high prices experienced in 2008.

High gas prices not only cost drivers dearly when they fill up their vehicles, but the fuel costs also drive up transportation expenses, which can lead to higher prices for various goods and services throughout the economy.

Americans have been getting hammered by soaring gas prices and high inflation, and if they keep experiencing pain at the pump and witnessing the purchasing power of their hard-earned savings erode each month, those economic issues could hurt Democrats during the 2022 midterm election cycle.

The U.S. Bureau of Labor Statistics is slated to release April consumer price index data on Wednesday. The all-items index rose “8.5 percent for the 12 months ending March,” the agency reported last month.

President Joe Biden said in a speech on Tuesday that inflation is his “top domestic priority.” He attributed inflation to the COVID-19 pandemic and to Russian President Vladimir Putin’s invasion of Ukraine.

The U.S. has prohibited the importation of oil and other products from Russia in response to that country’s invasion of Ukraine.

“We have the biggest inflation spike in 4 decades, record high gas prices, a massive border crisis, incompetent foreign policy, endless attacks on liberty and personal safety, and now even a baby formula shortage. The Biden presidency has truly been a epic disaster from the start,” tweeted GOP Rep. Lee Zeldin of New York — the lawmaker is currently running for governor in the Empire State.

“Liquid fuels have turned into liquid gold, with prices for gasoline and diesel spiraling out of control with little power to harness them as the imbalance between supply and demand globally continues to widen with each passing day. Russia’s oil increasingly remains out of the market, crimping supply while demand rebounds ahead of the summer driving season,” GasBuddy head of petroleum analysis Patrick De Haan said. “There’s little, if any, good news about fuel prices heading into summer, and the problem could become worse should we see an above average hurricane season, which could knock out refinery capacity at a time we badly need it as refined product inventories continue to plummet.”

Today’s Politically INCORRECT Cartoon by A.F. Branco


A.F. Branco Cartoon – Operation Distraction

A.F. BRANCO | on May 11, 2022 | https://comicallyincorrect.com/a-f-branco-cartoon-operation-distraction-2/

Democrats are hoping the abortion issue will distract voters from their American disaster.

The Abortion Distraction
Political cartoon by A.F. Branco ©2022.

DONATE to A.F.Branco Cartoons – Tips accepted and appreciated – $1.00 – $5.00 – $25.00 – $50.00 – $100 – it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and President Donald Trump.

Today’s Politically INCORRECT cartoon by A.F. Branco


A.F. Branco Cartoon – Blast from the Past

A.F. BRANCO | on May 10, 2022 | https://comicallyincorrect.com/a-f-branco-cartoon-blast-from-the-past/

Biden has brought us back to the carter days High gas prices, rising interest rates, and inflation.

Carter on Steroids
Political cartoon by A.F. Branco ©2022.

DONATE to A.F.Branco Cartoons – Tips accepted and appreciated – $1.00 – $5.00 – $25.00 – $50.00 – $100 – it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and President Donald Trump.

The Government Could Stop Inflation Within A Year. Instead, Expect Things To Get Worse


REPORTED BY: JOY PULLMANN | APRIL 11, 2022

Read more at https://thefederalist.com/2022/04/11/the-government-could-stop-inflation-within-a-year-instead-expect-things-to-get-worse/

shrinking dollar

‘Moderate inflation results from short-term ‘stimulus;’ hyperinflation comes from regular money printing to pay the government’s bills.’

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Know-nothing pundits and politicians have been communicating to Americans that inflation is, like the weather, a mystery they can’t control. That’s simply not true, write three economic commentators in a soon-published book, “Inflation: What It Is, Why It’s Bad, And How to Fix It.” On the contrary: inflation is a direct result of governments cheating their people, and solving it is pretty simple, if politically difficult.

In the book, businessman Steve Forbes, economist Nathan Lewis, and business journalist Elizabeth Ames give laypeople a concise, readable introduction to monetary policy. They also lay out easy-to-understand policy and personal prescriptions for responding to an inflationary economy such as today’s. The book is short and immensely useful for those of us who are not economic experts or finance minds and just want politicians to stop stealing our hard-earned money and endangering our nation’s security.

It would also be useful to members of Congress and other government officials with the authority to address what especially for the poorest Americans is a frightful economic situation. The authors lay out a one-year plan for stopping inflation in its tracks based on historical and international experience.

Inflation Is Not Just About Money

In the course of explaining what inflation is and how it works, the authors make the important point that it’s not just about money. Inflation is deeply connected to societal flourishing in general. Societies in which inflation is rampant are often unstable, chaotic, and violent.

“Markets are people,” the authors write. “When money is no longer a reliable unit of value, not only trade but social relationships ultimately unravel. Nations afflicted by extreme inflation end up experiencing higher levels of crime, corruption, and social unrest. As we have seen throughout history, the end result can be a tragic turn to strongmen and dictators.”

In an inflationary economy, the winners are the rich, the well-connected, and the corrupt. The losers are the poor, the middle-class, and those who work hard and play by the rules. Thus, an inflationary economy is inherently an unjust system. This is the top reason it should be combatted.

Not surprisingly, then, the rich and powerful often insist some inflation is a good thing. Maintaining a consistent level of inflation is in fact the Federal Reserve’s open policy goal. But even a “low” level of inflation such as The Fed’s (often wildly missed) target of 2 percent a year effectively steals significant income from especially the working and middle class. For someone earning $50,000 a year, 2 percent annual inflation is a $1,000 pay cut every year. That can be the difference between saving and not saving.

Making it harder to put money aside essentially forces middle and working-class people to depend on welfare rather than their own industry. Inflation thus erodes the middle class that is the bulwark of all free societies. So when it increases, societies tend to experience chaos. More people stop working and creating, and start trying to steal from others, either through government or through crime.

It should go without saying that an unstable society and economic chaos are threats to national security. These invite aggression from foreign enemies and hinders a nation’s ability to respond. This should make policymakers take inflation seriously, but like usual, so far politicians are mostly playing the blame game instead of solving the problem.

What Causes Inflation

Inflation is not merely rising prices, even sharply rising prices. That can occur for sensible reasons, such as sudden consumer demand for some fashionable item, or a crop failure leading to natural shortages. The authors define inflation instead as “the distortion of prices that occurs when money loses value.”

That can be seen, for example, in much of the current housing spike: “If you’ve made few, if any, home improvements and the local housing market isn’t on fire, you can be sure that the near-million-dollar sale price of your house doesn’t mean that it has magically become more valuable. Its worth has been distorted by a gradual, and totally artificial, decline in the value of the dollar,” explains “Inflation.”

When people stop trusting a currency as a stable measure of value, we get inflation. This is another way inflation is not solely about economics. It’s also about the people’s faith in their government and markets. That’s why lower-trust societies are more likely to experience inflation, and inflation is likely to worsen social trust. That’s also why inflation tends to spiral until somebody steps in to restore trust in the economy.

What causes inflation? If it’s true inflation, not price shifts caused by other market factors such as fads or innovation, it amounts to “a corruption of prices resulting from the debasement of currency by governments.” In other words, inflation happens when governments decide to circulate more money without a corresponding increase in economic value. This usually happens when governments want to spend more than they have, which is what the U.S. government has been doing for decades.

Today, the Federal Reserve essentially passes on federal debts and deficit spending to American consumers by creating more money without also creating new value. It is now one of many Western central banks that “effectively financ[es] their [government] deficits by buying their debt.”

In very simple terms, inflation is the result of governments spending far more than they can openly tax from citizens, then attempting to hide their shenanigans with financial gimmicks. So it is absolutely fair to think of inflation as a tax, and as the direct fault of shady government behavior: “Moderate inflation results from short-term ‘stimulus;’ hyperinflation comes from regular money printing to pay the government’s bills…The United States has not begun directly financing itself with large-scale money printing. Unfortunately, that may already be changing.”

Ending Inflation Is a Question of Political Will

The book helpfully explains in very clear and simple detail how the Federal Reserve enables Congress’s refusal to pay for its insane spending and how that all fuels inflation. It also discusses several intricate maneuvers by which this happens and why there isn’t a direct correlation in every case between money printing and inflationary effects. I won’t go into those here, but as a non-economist I did find them very helpful for understanding what’s going on.

I also found especially insightful the authors’ observation that federal overspending is not passed on to future generations, which is what I thought previously, but is inflated away from today’s workers and savers. Inflation is a tax on a nation that is unwilling to live within its means, and it occurs not in the future but in tandem with runaway government spending.

Ending inflation is quite simple, the authors say: “Stabilize the value of money.” Yet most “inflation remedies… more often than not end up making things worse.” That’s because government officials typically either misunderstand the root causes of inflation or are unwilling to take the steps necessary to address it. Thus, governments implement price controls or “austerity” measures, which usually further destroy their economies.

Instead, what’s needed is to tighten the money supply. The authors get into the details for doing this effectively, including their recommendation for the best way to ensure reliable money, a “new gold standard that would work in the twenty-first century.” They discuss this and respond to common arguments against it, still in highly readable prose.

Our Chief Obstacle to Fixing Inflation Is Ourselves

The key obstacle to implementing the authors’ one-year plan for restoring currency stability is widespread economic ignorance cultivated by leftist economists to preserve their control over policy. Yet given these economists have been wrong time and time again, it seems it’s high time to pay attention to experts whose recommendations have a reliable track record.

Unfortunately, since the majority of people working in Congress, the Federal Reserve, and similar commanding heights are the reason we’re in a dangerously inflationary economy in the first place, it’s probably too much to expect they will do anything other than make the situation worse in the near future. That’s why you’re hearing Joe Biden and other Democrats hint at making things worse with price controls or other punitive regulations by demonizing various industries for raising prices.

Not just because such people are at the helm, but also because they’ve already baked more money devaluation into the economic pie for the next several years, expect significant inflation to continue for quite some time. We can only hope and pray that the worst disasters of historic inflationary economies will be averted for us. And obtain some backyard chickens so we have something affordable to stick in the pot for dinner.


Joy Pullmann is executive editor of The Federalist, a happy wife, and the mother of six children. Sign up here to get early access to her next ebook, “101 Strategies For Living Well Amid Inflation.” Her bestselling ebook is “Classic Books for Young Children.” Mrs. Pullmann identifies as native American and gender natural. She is also the author of “The Education Invasion: How Common Core Fights Parents for Control of American Kids,” from Encounter Books. In 2013-14 she won a Robert Novak journalism fellowship for in-depth reporting on Common Core national education mandates. Joy is a grateful graduate of the Hillsdale College honors and journalism programs.

Today’s Politically INCORRECT Cartoon by A.F. Branco


A.f. Branco Cartoon – Highway Robbery

A.F. BRANCO | on April 8, 2022 | https://comicallyincorrect.com/a-f-branco-cartoon-highway-robbery/

Many say Biden is robbing the American people through his policies, Gas prices, inflation, etc.

Biden Policies Highway Robbery
Political cartoon by A.F. Branco ©2022

Donations/Tips accepted and appreciated – $1.00 – $5.00 – $25.00 – $50.00 – $100 – it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and President Donald Trump.

Pete Buttigieg to Americans: Get used to CRUSHING gas prices until we achieve ‘clean energy’ independence


Reported by BLAZETV STAFF | April 04, 2022

Read more at https://www.theblaze.com/video/pete-buttigieg-gas-prices/

Transportation Secretary Pete Buttigieg has doubled down on his out-of-touch messaging to Americans who are struggling to pay skyrocketing prices at the pump. Last month, “Mayor Pete” made headlines when he said (in all seriousness) that the obvious solution for dealing with insanely high gas prices is to just go buy an electric vehicle. Maybe Mayor Pete doesn’t realize that most of us can’t afford to buy a new car at all, let alone an EV that costs “roughly $10,000 higher than the overall industry average,” according to Kelley Blue Book.

Now, our tone-deaf transportation secretary has let Americans know that we all need to get used to “wild price hikes” until we “achieve a form of energy independence that is based on clean energy.”

Watch:

And the Twitterverse reacted:

San Francisco Federal Reserve undercuts Biden’s narrative on inflation — and no, it’s not Putin’s fault


Reported by CHRIS ENLOE | March 30, 2022

Read more at https://www.conservativereview.com/san-francisco-federal-reserve-undercuts-biden-s-narrative-on-inflation-and-no-it-s-not-putin-s-fault-2657066781.html/

The San Francisco Federal Reserve published a study this week that appeared to contradict President Joe Biden’s narrative about inflation.

Americans are battling historic inflation and growing economic woes that appear to have no end in sight. In fact, the latest report from the Bureau of Labor Statistics showed the consumer price index has increased 7.9% over the past 12 months. Unfortunately, the buck does not stop with Biden. The president has blamed inflation and other economic problems on COVID-19, the supply chain, and even Russian President Vladimir Putin and the war in Ukraine.

The study sought to understand why U.S. inflation is increasing at a much higher rate than other advanced economic countries. The reason? The economists pointed toward COVID-19 relief bills, which pumped the economy, and Americans’ pockets, full of income. In fact, they argued the stimulus bills account for about 3% of inflation.

“Since the first half of 2021, U.S. inflation has increasingly outpaced inflation in other developed countries,” the study said.

“Estimates suggest that fiscal support measures designed to counteract the severity of the pandemic’s economic effect may have contributed to this divergence by raising inflation about 3 percentage points by the end of 2021,” the bankers explained.

Without the massive COVID relief bills, the economists suggested the U.S. could have experienced deflation, which has benefits and drawbacks. Still, they argued the impacts of deflation “would have been harder to manage,” a comment that should be taken with a grain of salt considering the government is having a difficult time managing the inflation crisis. Importantly, the study failed to conclude that Putin is to blame for inflation.

Because of inflation, Americans will spend approximately $5,200 more than last year, Bloomberg reported.

Inflation will mean the average U.S. household has to spend an extra $5,200 this year ($433 per month) compared to last year for the same consumption basket, according estimates by Bloomberg Economics. The excess savings built up over the pandemic, and increases in wages, will cushion those costs, and allow spending to expand at a decent pace this year. But accelerated depletion of savings will increase the urgency for those staying on the sidelines to join the labor force, and the resulting increase in labor supply will likely dampen wage growth.

According to a recent NBC poll, a “plurality of Americans” blame Biden and his policies for inflation, while they overwhelmingly reject Russia’s culpability for America’s economic woes, NBC News reported.


New poll finds more Americans blame Biden for inflation than the pandemic, corporate greed, or Putin’s invasion

NEWS

CARLOS GARCIA | March 29, 2022

Read more at https://www.conservativereview.com/new-poll-finds-more-americans-blame-biden-for-inflation-than-the-pandemic-corporate-greed-or-putin-s-invasion-2657060844.html/

Recent polling shows that very few Americans are buying the excuses the Biden administration are making for high inflation and instead blame the President Joe Biden and his policies. The NBC News poll asked Americans who they thought was to blame for the high inflation that they are suffering under and offered some of the culprits blamed by the president and his supporters as possible answers. Among the options listed, Biden and his policies were blamed by a plurality of Americans polled, at 38%. Only 28% blamed the coronavirus pandemic, another 23% blamed corporations raising prices, and barely 6% blamed Russian President Vladimir Putin and his invasion of Ukraine.

Over recent months, the Biden administration has attempted to blame the invasion of Ukraine, the greed of meat conglomerates, and the pandemic for the high inflation eating away at Americans’ savings and wages. The same poll found the president’s approval rating to drop to 40% while an astounding 55% disapprove of the job Biden is doing. When asked about the economy, only 33% said they approved of the job he’s doing, while 63% said they don’t approve of the job Biden is doing.

The astonishing poll is just the latest in a long series showing devastating results for Democrats ahead of the midterms, where they would have faced an uphill battle even without horrible polling. The terrible polling has lead to greater division in the Democratic party among the centrist establishment wing, which blames progressive extremism, and the far-left progressive wing that blames Biden for not going far enough to the left.

Socialist Democrat Rep. Alexandria Ocasio-Cortez of New York on Thursday said that the low polling came from progressives and young voters who were disappointed that Biden had done enough to satisfy their left-wing demands.

Here’s more about the terrible poll numbers for Biden:

Steve Kornacki: Biden’s Handling Of The Economy Numbers ‘Getting Worse And Worse’ www.youtube.com

Today’s FOUR Politically INCORRECT Cartoons by A.F. Branco


A.F. Branco Cartoon – Tragicomedy

A.F. BRANCO | on March 24, 2022 | https://comicallyincorrect.com/a-f-branco-cartoon-tragicomedy/

Biden and Kamala are laughing stocks performing daily on the world stage demonstrating weakness for all to see.

Kamala Biden World Stage
Political cartoon by A.F. Branco ©2022.

A.F. Branco Cartoon – War on Womxn

A.F. BRANCO | on March 25, 2022 | https://comicallyincorrect.com/a-f-branco-cartoon-war-on-womxn/

Lia Thomas and the woke leftist destroy everything they touch including women’s sports via bio-male transgender athletes.

Destruction of Women’s Sports
Political cartoon by A.F. Branco ©2022.

A.F. Branco Cartoon – War on Freedom

A.F. BRANCO | on March 27, 2022 | https://comicallyincorrect.com/a-f-branco-cartoon-war-on-freedom/

Teachers have declared war on capitalism. what is on full display during this strike is the anti-capitalist position taken by the nation’s teachers’ unions.

War on Capitalism
Political cartoon by A.F. Branco ©2022.

A.F. Branco Cartoon – Off the Charts Sticker Shock

A.F. BRANCO | on March 28, 2022 | https://comicallyincorrect.com/a-f-branco-cartoon-off-the-charts-sticker-shock/

“Biden did that” stickers are on gas pumps all over America, but gas isn’t the only thing he’s raising.

Biden Did That Sticker
Political cartoon by A.F. Branco ©2022.

Donations/Tips accepted and appreciated – $1.00 – $5.00 – $25.00 – $50.00 – $100 – it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into the cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and shared by President Donald Trump.

Today’s Politically INCORRECT Cartoon by A.F. Branco


A.F. Branco Cartoon – Mission Accomplished

A.F. BRANCO | on March 21, 2022 | https://comicallyincorrect.com/a-f-branco-cartoon-mission-accomplished/

Joe Bien, a one-man wrecking ball, and the Democrats have a new scapegoat besides Trump, Putin.

Biden, An American Disaster
Political cartoon by A.F. Branco ©2022

Donations/Tips accepted and appreciated – $1.00 – $5.00 – $25.00 – $50.00 – $100 – it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into the cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and shared by President Donald Trump.

Biden’s Gas Prices Are The ‘Unity’ President’s Latest Way To Force You To Do What He Says


REPORTED BY: KYLEE ZEMPEL | MARCH 11, 2022

Read more at https://thefederalist.com/2022/03/11/bidens-gas-prices-are-the-unity-presidents-latest-way-to-force-you-to-do-what-he-says/

Biden's gas prices

Americans are watching gas prices shoot up a bit higher every single day. Thanks to President Joe Biden’s green energy dreams and relinquishing of U.S. energy independence since his very first day in the Oval, ordinary people are paying the price. As The Federalist reported, it’s affecting everyone — from stay-at-home moms to office commuters, to small and large business owners. Biden, however, doesn’t seem to care. The president and his administration are bizarrely blaming Russian President Vladimir Putin for the high prices, which have been rising ever since Biden took office. Even worse, they’re suggesting the best way for you not to have to worry about the high prices at the pump is to buy an electric car. To prevent the stress of high gas prices in the future, “The best thing we can do is reduce our dependence on fossil fuels” White House Press Secretary Jen Psaki said on Monday.

“Loosening environmental regulations won’t lower prices,” Biden tweeted the next day. “But transforming our economy to run on electric vehicles, powered by clean energy, will mean that no one will have to worry about gas prices. It will mean tyrants like Putin won’t be able to use fossil fuels as a weapon.”

In other words, if you can’t afford to pay $4 or $5 a gallon for gasoline, just buy a Tesla.

The fact is that while the president and corporate media point the finger at Putin, Biden is the one really using “fossil fuels as a weapon.” The Democrats in charge don’t care that you can’t afford to leave your house if it means they can force their green energy agenda. Pricing gas-powered drivers out of the market is a feature, not a bug, and they’ve been admitting it all along.

You’ll remember how after the Colonial Pipeline cyberattack, when low supply and high demand caused a gasoline price hike, Energy Secretary Jennifer Granholm stressed she was “all in” on achieving Biden climate goals and said with a chuckle and contempt for fuel users, “You know, if you drive an electric car, this would not be affecting you, clearly.”

It’s no slip of the tongue. This has been the consistent refrain from the administration. Oh, you don’t like the price of gas? Good. Buy an electric car so we can hit our climate goals, rube.

This isn’t just the Democrats’ way of handling the green energy versus fossil fuels debate, either. This is their posture toward all their policy goals — and all the Americans who disagree with them and might threaten to hold up their agendas.

We watched it throughout Covid. When enough Americans (many of them healthy and young) didn’t get the vaccine right away, the administration cracked down and issued federal mandates that workers must get the shot if they wanted to keep their jobs. “Oh, you’re not getting vaccinated. Fine. You’re fired.”

When children were home doing schoolwork under the watchful eyes of their parents, who soon discovered gender propaganda and divisive critical race theory in their kids’ learning materials, they took the fight to their local school boards — to the dismay of Democrats, who then branded them as domestic terrorists. “Oh, you don’t like masks, CRT, and soft porn for your kids? Fine. We’ll sic federal law enforcement on you.”

Now they’re continuing the same attitude with their climate goals and the Americans who aren’t on board. “Oh, you won’t drive electric. Fine. We’ll drive gas prices so high you can’t go anywhere.”

It’s remarkable in light of what Biden, the media, and even Trump-deranged Republicans promised Americans this administration would be: a return of decency and decorum, an outstretched arm, and “unity,” “unity,” UNITY!”

Instead, Americans got nothing but division, derision, and coercion — and the continuing clear message from the administration and its allies that if you disagree with their policy goals, that’s fine. They’ll just make your life a living hell until you have no option but to give in to their control and comply with their demands.

But hey, no mean tweets.


Kylee Zempel is an assistant editor at The Federalist. She previously worked as the copy editor for the Washington Examiner magazine and as an editor and producer at National Geographic. She holds a B.S. in Communication Arts/Speech and an A.S. in Criminal Justice and writes on topics including feminism and gender issues, religious liberty, and criminal justice. Follow her on Twitter @kyleezempel.

Brace Yourself: Expert Says Gas Prices Could Reach $7 Per Gallon in Biden’s America


Commentary By Warner Todd Huston | February 22, 2022

Read more at https://www.westernjournal.com/brace-expert-says-gas-prices-reach-7-per-gallon-bidens-america/

The price of gas continues to soar in this era of Bidenflation. It is getting so bad, some experts are warning that we could see prices as outrageously high as $7 per gallon in some parts of the country. The current high prices are not new, either. Gasoline has been on the rise for seven straight weeks, according to GasBuddy data reported by Fox Carolina.

“Veteran energy strategist Dan Dicker said he can see gas prices going up to $5 a gallon. Dicker said some areas might even get to $6.50 or $7,” Fox Carolina added.

GasBuddy noted that the national average is almost twenty cents a gallon higher than a month ago and is nearly a dollar higher than one year ago. Worse, per gallon prices have already nearly doubled in just two years. Gas was only $2.17 a gallon average at the end of 2020. And it is no coincidence that 2020 was the last full year we had a president who wanted the U.S. to be energy independent. But already, in deep blue states, gas is getting perilously close to double those prices seen in 2020. In deep blue Illinois, for instance, gas now averages $3.60 a gallon for regular (nearly $4.50 for premium), while the national average is $3.50, according to traveler assistance group AAA.

It is even worse in California where the average price per gallon for regular is an unheard of $4.75 — more than a dollar higher than the national average!

Left-wing news sources continue to lay the blame for these skyrocketing prices at the door of Russia’s threatened invasion of Ukraine. Indeed, the Associated Press is only worried over the high costs of gasoline because it will likely have a political impact for Biden and the Democrats in the 2022 elections, ……………………………

READ THE REST OF THIS COMMENTARY AT https://www.westernjournal.com/brace-expert-says-gas-prices-reach-7-per-gallon-bidens-america/

Today’s Politically INCORRECT Cartoon by A.F. Branco


A.F. Branco Cartoon – Fowl Play

A.F. BRANCO | on February 17, 2022 | https://comicallyincorrect.com/a-f-branco-cartoon-fowl-play/

Democrat Chickens are coming home to roost like Defund Police, Crime, Inflation, CRT, Russia Collusion.

Democrat Chickens Coming Home
Political cartoon by A.F. Branco ©2022

Donations/Tips accepted and appreciated – $1.00 – $5.00 – $25.00 – $50.00 – $100 – it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into the cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and shared by President Donald Trump.

Why Are Energy Prices Everywhere So High? Democrats


REPORTED BY: DANIEL TURNER | JANUARY 24, 2022

Read more at https://thefederalist.com/2022/01/24/why-are-energy-prices-everywhere-so-high-democrats/

Mystic Generating Station, Massachusetts

When President Biden warned of a bleak and deadly winter, he was referring to the Covid-19 outbreak that he promised to “shut down.” While he has failed to curb the virus, his policies have unfortunately been more successful reining in our once thriving energy industry. At the one-year mark of his administration running the Departments of Interior and Energy and determining regulations at the Environmental Protection Agency, anyone paying a bill sees the results. Oil prices have nearly doubled since Biden’s inauguration.

Despite the longing of green activists worldwide, we are in fact, a fossil fuel-driven economy, and all prices have gone up dramatically: gasfoodutilitiesshippingdurable goods. Biden’s inflation, now at 40-year highs of 7 percent, is now the number-one issue among voters and will no doubt hang over every race this November. The only logical response for an embattled president is changing the narrative. So, Biden bought a puppy.

To be fair, Biden alone is not to blame. The entire far left is. For years, leftist politicians have attacked the energy industry in the name of “climate change” and for years those of us who know the industry have warned of dire consequences.

The Left’s Insanity On Energy Supply

Four years ago, Massachusetts Attorney General Maura Healey started using her office to prevent pipeline construction. Without a constant supply, power plants turned elsewhere for reliable natural gas: Russia. Despite the absolute insanity of sending Commonwealth checks to Vladimir Putin rather than Pennsylvania, Healey insisted it was better for the climate. Even when the Massachusetts electric grid was teetering on failure, she insisted that transatlantic cargo ships were an improvement over domestic pipelines to a neighboring state. It was insanity then. It’s worse now.

Massachusetts joins the ranks of many European nations enriching Putin. He has used the surplus to build his army along Ukraine preparing to invade. You didn’t think he was going to build orphanages, did you? It is Vladimir Putin, after all. Maybe the Russian army can have a disclaimer, like the ones Healey applies to campaign ads. “This army brought to you by climate change activists.”

Writing for Forbes, energy analyst David Blackmon breaks down the current state of electricity generation in New England. Despite the subsidies and the posturing of Northeastern climate-conscious Democrat politicians like Sens. Bernie Sanders, Elizabeth Warren, and Green New Deal author Edward Markey, the region has increased use of the very fossil fuels they try so hard to eliminate. Blasted New Englanders and their… heat.

They are also importing liquefied natural gas (LNG) from the Caribbean because of the now four-year old Healey logic: why buy inexpensively from your friend what you can buy at a premium from a stranger? Add to that the few thousand miles in an ocean tanker and you get a perfect formula for being an eco-warrior.

Reduced Production

Supply is becoming an ongoing problem for the energy industry. The United States is currently producing about 1.5 million barrels of crude oil fewer per day than pre-pandemic levels. Worse, investment in the industry is down nearly 25 percent from that period. Why? Biden.

Fossil fuels are a labor and market-intensive industry, and they rely on government cooperation. That means a secretary of Energy who does not laugh when asked about industry challenges. That means an Interior secretary who does not say publicly “it would be great to stop all oil and gas leases on public lands.” Investors are not going to gamble on the Biden variable, even with oil reaching seven-year highs.

Government is dropping the ball. It’s mid-January, and we have a lot of winter ahead of us. Between the high prices and the scarce supply, consumers should be worried.

Lessons from the Texas Freeze

Last year, Texas experienced a terrible winter storm that shut down its wind turbine electricity production. Sadly, 246 people died in that storm. For decades, Texas Republicans bought into the green energy myths, quietly allowing the notion that fossil fuels were the enemy to fester in their policy hearts. They introduced “renewable energy mandates.” When the storm of February 2021 froze the wind turbines, supporters of the renewable energy mandates quickly came to the green defense. This was not about science or facts: this was about defending ideology.

“Don’t Blame Wind Turbines” blared Time Magazine, along with USA TodayThe Washington Post, and of course, The New York Times. The laughable, knee-jerk reaction brings up a metaphysical dilemma: if the absence of something is no different than its presence, does it have any value? Or even exist? If the wind turbines failed, and make no mistake they failed completely, but their failure does not matter, then how can they have measurable success?

All of these outlets blame the fiasco in Texas on natural gas pipelines, as fossil fuels are, and will always be, the reliable backup to green energy. The renewable energy advocates, desperate not to have a failure on the books, contend that in certain conditions natural gas must overperform. During that storm it did not, and therefore is at fault. Renewables are asked to do the bare minimum, demand perfect conditions, and if any variable is introduced, they get to throw in the towel and cast aspersions on the real performers.

If Texas Republicans fall victim to the green energy siren calls, then what hope does New England have? New England, the bastion of unblemished liberalism, back to burning oil instead of cleaner natural gas, running low on LNG, buying supplies from Russia and the Caribbean, adding to ocean pollution with more tankers, sacrificing American jobs, and enriching Putin.

Again, 246 people were victims of Texas’ green energy dreams. It’s the nameless, the powerless, the voiceless, who die at the hands of the state because of political decisions based on ideology. And their numbers are going to climb unless there is a major reversal at the federal and state level.


A Scandal for Every Month: The Biggest Botches, Failures, And Mess-Ups of Joe Biden’s First 12 Months in Office


REPORTED BY: ELLE REYNOLDS | JANUARY 20, 2022

Read more at https://thefederalist.com/2022/01/20/a-scandal-for-every-month-the-biggest-botches-failures-and-mess-ups-of-joe-bidens-first-12-months-in-office/

Joe Biden in his office

Joe Biden has been in the Oval Office (or that weird set in the Eisenhower building’s South Court auditorium with the greenscreen windows) for a year now, and he’s already managed to make his short presidency known for a long line-up of scandals, botches, and slip-ups.

It’s too hard to narrow the list down to one top failure, although his disgracefully handled Afghanistan withdrawal may be the most sobering and inflation may be the one that played the biggest role in Biden’s tanking approval ratings. Even though Biden’s mess-ups tally up to far more than 12, it’s not hard to remember a Biden-enabled disaster for every month of the septuagenarian’s first year at the stern … or in the basement.

January: Biden’s Radical First Week

On his first day in office, President Joe Biden signed a list of radically left-wing executive orders, including an order requiring that schools must ignore the biological differences between male and female students from the athletic field to the bathroom if they wish to continue receiving federal funding. In Biden’s first week, Press Secretary Jen Psaki also signaled the administration’s plans to reinstate federal funding for abortions around the world with the reversal of the Mexico City policy, and the new president canceled the Keystone XL pipeline.

As Tristan Justice reported at the time, “Biden’s first 48 hours in office have launched the new administration with 17 executive orders, more than were issued in the first month of their presidencies by Donald Trump, Barack Obama, George W. Bush, and Bill Clinton combined.”

February: Biden’s CDC Worked to Keep Schools Closed

In February, Biden’s Centers for Disease Control and Prevention announced strict reopening guidelines that would keep many schools around the country shut down. “Only K-12 schools in cities and areas with low or moderate virus transmission can fully reopen for in-person learning, as long as physical distancing and mask-wearing is enforced,” Jordan Boyd reported on Feb. 12. “Any transmission rate beyond what is designated as moderate requires hybrid learning or ‘reduced attendance,’ limiting which children are allowed in the classroom at the same time.”

On the same day, CDC Director Rochelle Walensky admitted that far-left teachers unions that have worked to keep students out of school buildings over the course of the Covid pandemic had influence when the CDC created its school reopening guidelines.

March: Working With Corporations to Create Vax Passports

As The Washington Post first reported, the Biden White House spent the month of March plotting with corporations to develop a “vaccine passport” system to force Americans to show their Covid papers in order to participate fully in society. “The passports are expected to be free and available through applications for smartphones, which could display a scannable code similar to an airline boarding pass,” the Post noted.

April: Biden Debuts Radical Social Spending Plan

At the end of April, Biden announced his “American Families Plan,” a list of far-left spending priorities, many of which would become hallmarks of his struggling Build Back Bankrupt agenda. The goals of the proposed $1.8 trillion spending spree included extending government schooling fully into preschool and two years of taxpayer-provided community college.

May: More Unsavory Hunter Exploits Emerge

Scandal follows President Biden’s troubled son Hunter around, as the country learned when the New York Post published damning information recovered from a laptop the younger Biden allegedly left at a repair store in late 2020. But further revelations about Hunter’s exploits emerged in May of last year, adding to the pile of unsavory behavior that may implicate the president himself.

New emails from Hunter Biden’s suspected laptop published on May 26 by the Post show that Joe Biden “met with Ukrainian, Russian and Kazakhstani business associates of his son’s at a dinner in Washington, DC, while he was vice president” in April 2015.

“Dear Hunter, thank you for inviting me to DC and giving an opportunity to meet your father and spent some time together,” wrote executive Vadym Pozharskyi of the Ukrainian energy company Burisma, where Hunter sat on the board.

Other emails published by The Daily Mail in May revealed that Hunter Biden bragged he “smoked crack with [former D.C. Mayor] Marion Barry” when he was a student at Georgetown University.

June: Record-Setting Crisis at the Southern Border

Biden’s crisis at the Southern border has been setting records all year, but it was in June that apprehensions surged past 1 million for fiscal year 2021 and border crossings were at the highest levels since 2006. In May alone, “170,000 people were captured, marking a 20-year high,” Gabe Kaminsky reported at the time. June also saw the border state of Texas declare an emergency over Biden’s border crisis, which the president helped cause by reversing Trump-era stances like the “Remain in Mexico” policy.

As the crisis raged, Biden’s border czar Vice President Kamala Harris couldn’t be bothered to visit the actual U.S.-Mexico line, snapping “I haven’t been to Europe” when reporters pressed her on the topic. She finally caved and scheduled a trip, but only after former President Donald Trump announced his plans to visit.

July: Bragging about Working with Big Tech to Silence Dissent

In July, the Biden administration bragged about colluding with Big Tech to shut down perspectives with which the regime disagreed. In a press briefing on July 15, Psaki touted the administration’s policy of “flagging problematic posts for Facebook that spread disinformation.” A few days later, Psaki admitted there was nothing “off the table” in the effort to smear dissent as “misinformation” and have it removed from social media.

August: Bungled Afghanistan Withdrawal

August saw the largest-scale disaster on Biden’s watch so far, when the administration’s disorganized withdrawal from Afghanistan left 13 American service members dead and thousands of American citizens and allies stranded under Taliban control.

From the administration’s decision to vacate Bagram Air Base before evacuating Americans from the country, to leaving weapons and equipment to fall into the hands of the Taliban, to Biden taking an out-of-touch, hollow victory lap after the service members’ deaths and while Americans remained stranded, to the administration’s ongoing decision to ignore the allies still behind enemy lines, every action taken by the Biden team was a disaster. In the same month, the administration carried out a drone strike targeted at ISIS operatives that actually killed at least 10 civilians, seven of whom were children.

Americans won’t soon forget the harrowing images of desperate people trampling each other in the chaotic race to the Kabul airport, of people clinging to aircraft landing gear and falling helpless from the sky, or of a lone helicopter leaving the roof of the American embassy. There is blood on Biden’s hands, and our allies won’t soon forget it either.

September: Biden Lies to Undermine His Own Border Patrol Agents

After a photo of U.S. Border Patrol agents on horseback was misconstrued by Democrats and their media allies to falsely accuse agents of “whipping” criminals, Biden promised to make his own CBP employees “pay” and the White House banned agents in Del Rio, Texas from using horses going forward.

“It was horrible to see. To see people treated like they did. Horses running them over people being strapped. It’s outrageous,” Biden claimed, even though the photographer who took the viral photo insisted he’d “never seen them whip anyone.”

October: Biden’s Ed Secretary, DOJ Collude with NSBA to Smear Parents as Domestic Terrorists

On Sept. 29, the National School Boards Association sent a letter to the White House asking Biden to use the FBI and other federal law enforcement to target parents using terrorism laws. A few days later on Oct. 4, in response to the letter, Attorney General Merrick Garland directed the FBI and federal attorneys to investigate and address “a disturbing spike in harassment, intimidation, and threats of violence against school administrators, board members, teachers, and staff.”

As it turns out, however, Biden’s own Education Secretary Miguel Cardona appears to have secretly requested the letter from NSBA, presumably to use as a pretense for the administration’s push to target parents unhappy with public schools’ closures, mask mandates, and extremist LGBT and critical race theory curricula.

November: That Tyrannical, Unconstitutional OSHA Vax Mandate

After issuing a September press release threatening a vaccine mandate for private businesses with 100 or more employees, Biden’s Occupational Safety and Health Administration (OSHA) released an emergency temporary standard on Nov. 4 that would require businesses to comply by Jan. 4 or incur fines of up to $14,000 per violation.

The Supreme Court struck this down in January, of course, and the Biden administration knew it was flagrantly unconstitutional all along — but exploiting the delays of the judicial system allowed the administration to bully many corporations into compliance anyway. Never mind the fact that the Biden administration had promised during the campaign that it wouldn’t mandate the Covid vaccine.

December: Supply Chain and Inflation Nightmare

December saw the climax (so far) of Biden’s joint inflation and supply chain crisis, dually caused by the administration’s radical spending and Democrats’ Covid lockdowns. As Americans faced shortages and shipping delays during their Christmas shopping, the Department of Labor released its November figures revealing 6.8 percent year-to-year inflation, or “the largest 12-month increase since the period ending June 1982.”

December’s inflation numbers were even higher, clocking in at 7 percent.

Bonus: January 2022: Compared Filibuster Defenders to George Wallace, Jefferson Davis

In a Jan. 11 speech urging the U.S. Senate to ditch filibuster rules in order to pass his radical and unconstitutional federalization of election laws, President Biden compared his agenda’s critics — which include Democrat Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona — to former Alabama Gov. George Wallace and Confederate leader Jefferson Davis.

“Do you want to be the side of Dr. King or George Wallace? Do you want to be the side of John Lewis or Bull Connor? Do you want to be the side of Abraham Lincoln or Jefferson Davis?” Biden said. Comparing his critics to notorious segregationists isn’t a good way to start year two of the Biden era.

Who knows what new scandals and embarrassments await the Biden administration in 2022? For the sake of the country, we can hope for fewer than in 2021, but it’s clear the administration has a failed track record only one year in.


Elle Reynolds is an assistant editor at The Federalist, and received her B.A. in government from Patrick Henry College with a minor in journalism. You can follow her work on Twitter at @_etreynolds.

10 Lies Biden Told During His First Press Conference in Months


REPORTED BY: JORDAN BOYD | JANUARY 19, 2022

Read more at https://www.conservativereview.com/10-lies-biden-told-during-his-first-press-conference-in-months-2656436639.html/

Joe Biden at formal press conference 1/19/22

President Joe Biden hosted his second solo press conference ever on Wednesday but his attempts to clearly communicate how he plans to fix a country plagued with COVID-19, crime, rising prices, empty shelves, and more were nothing less of a disaster. Not only did Biden, who was once heralded as the chief unifier of the country, use the presser to repeat rhetoric trashing Republicans, he also did his absolute best to put lipstick on the pig that is the struggling U.S. economy. Unfortunately, no amount of lipstick or whoppers can cover Biden’s terrible and devastating approval rating.

Biden concluded his initial speech by claiming that “the best days of this country are still ahead of us not behind us,” but his optimism is unfounded. Recent polling suggests that only 26 percent of Americans believe the country is headed in the right direction. The majority, however, are left wondering whether Biden will work to fix the myriad of crises he created.

Here are the 10 lies Biden told during his Wednesday press conference.

1. The Nation’s Problem Is COVID

“I know there’s a lot of frustration and fatigue in this country. And we know why: COVID-19, Omicron it has now been challenging us in a way that, it’s the new enemy,” Biden said.

Not only is COVID-19 a virus that’s been around for years now, therefore not making it a “new enemy,” but it’s also not the only thing plaguing voters’ lives or minds. As a matter of fact, while Biden parades around the Capitol encouraging Democrats to abolish the filibuster and legalize illegal voting practices, he’s failing to address the ongoing Southern border crisis, empty shelves, and rising urban crime.

2. Wages Are Up

Early in his speech, Biden claimed that American wages are up. What he failed to address is that real wages have decreased most of the months he’s been in office. Even in months when wages were up, Americans were forced to dig deeper in their pockets to cover their climbing gas, energy, and grocery bills.

3. Biden Created Jobs

Biden tried to circumvent the nation’s economic turmoil by claiming that he created more jobs to stimulate the economy. He ignored, however, the role the government played in creating the recession that caused job loss in the first place. And on the role his own administration played in lining the pockets of Americans with federal cash, Biden was mum.

4. The Supply Chain Crisis Isn’t That Bad

Biden hardly addressed the ongoing supply chain crisis, leading to the often popular #bareshelvesBiden hashtag, and the nation’s rising inflation which continues to plague voters’ lives as they begin considering who to vote for in the 2022 midterms.

The president hinted that the “empty shelves being shown on television” were misleading but even he admitted that they are “a few [percentage] points below what it was before the pandemic.”

5. Inflation Was Already A Thing Before I Took Office

Biden claimed that inflation was increasing long before he assumed office, but as recent reports indicate, inflation in the U.S. surged to 7 percent in December 2021, the highest level since 1982.

6. Republicans Want To Steal Minorities’ Right To Vote

In an effort to promote his campaign to initiate a federal takeover of elections, Biden claimed that Republicans want to take away minorities’ rights to vote.

“No matter how hard they make it for minorities to vote, I think you’re going to see them willing to stand in line and … keep them from being able to vote,” Biden said. “I think you’re gonna see the people they’re trying to keep from being able to show up, showing up and making the sacrifice that needs to make in order to change the law back to what it should be.”

7. Schools Aren’t Closed

“You say we’re not going to go back to closing schools. You said that just moments ago, yet they’re closing in some areas. What do you say to those teachers and principals and parents about school closings?” one reporter asked. “And what can your administration do to help make up for learning loss for students?”

“First of all, I put in perspective the question you asked, very few schools are closing,” Biden claimed. “Over 95 percent are still open.”

Yet, since the rise of Omicron in the U.S., reports of schools closing across the country have also risen leaving working parents desperate for in-person learning once more. Thousands of schools that were scheduled to reopen following Christmas break opted for virtual learning until well into January due to panic over COVID-19 spread.

8. Build Back Better Will Save Americans Money

During the conference, Biden repeated the lie that his Build Back Better legislative package “would actually lower or reduce inflation.”

This falsehood has been debunked numerous times but that didn’t stop the president from claiming that his legislation, which actually costs trillions of dollars, won’t cost taxpayers a dime.

9. White House Reporters Are The Most Informed Americans Of All Time

Biden told the White House press pool that they are “more informed than any group of people in America.”

While the statement will probably score him points with openly partisan press pool members, it’s far from the truth.

For more than a year, corporate media reporters who covered Biden’s rise to the presidency and his subsequent time in the White House have overlooked the administration’s failures to laud the Democrat for being a “moral, decent man.” They’ve wasted their precious Q+As with the president on softball questions framed in a positive light, while also failing to ask key ones. They let Biden ramble and frequently fail to point out the obvious lies lacing his winding answers.

10. I Didn’t Compare My Democrat Colleagues To Racists

Biden denied that he compared Democrat filibuster holdouts Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona to confederate leaders.

“I did not say that they were going to be George Wallace or Bull Connor,” Biden claimed. “I said we’re gonna have a decision in history.”

Just last week, however, Biden asked “Do you want to be the side of Dr. King or George Wallace? Do you want to be the side of John Lewis or Bull Connor? Do you want to be the side of Abraham Lincoln or Jefferson Davis?”

“This is the moment to decide, to defend our elections, to defend our democracy. If you do that you will not be alone,” Biden said.


Inflation Hits Highest Level In 39 Years


Reported by HARRY WILMERDING | CONTRIBUTOR | December 10, 2021

Read more at https://dailycaller.com/2021/12/10/inflation-consumer-price-index-joe-biden-jerome-powell-bureau-labor-statistics/

joe-biden-november-inflation
(Photo by Chip Somodevilla/Getty Images)

The Consumer Price Index (CPI) increased 0.9% in November, bringing the key inflation indicator’s year-over-year increase to 6.8%, the highest figure in four decades. The CPI’s increase is the largest increase in four decades, up from October’s 6.2% according to the U.S. Bureau of Labor Statistics (BLS) report released Friday morning. Experts surveyed by CNBC projected inflation would increase 0.7% in November, translating to a 6.7% gain on a year-over-year basis.

“These are frighteningly high inflation numbers, the likes of which we haven’t seen for decades,” Allen Sinai, chief global economist and strategist at Decision Economics, Inc., told The Wall Street Journal.

The core price index, which measures inflation of goods less food and energy, jumped 0.5% in November, a decrease from October’s 0.6% increase, according to BLS. Price increases in gasoline, shelter, food, used cars and trucks and new vehicles were among the largest contributors to the index’s jump in November, BLS said. Food prices increased 6.1% on a year-over-year basis, and energy prices soared 33.3% over the last year and 3.5% in November.

Meanwhile, the labor market continues struggle to recover from the COVID-19 pandemic, and the emerging Omicron variant has brought new concerns.

“We have tremendous spending by consumers. A lot of people are getting hired. Demand is huge. Monetary policy remains very easy and fiscal stimulus has no precedent in history,” Sinai said.

The U.S. economy added just 210,000 jobs in November, far below experts’ projections of around 573,000, but unemployment slipped to 4.2% from October’s 4.6% figure. The number of Americans who filed new unemployment claims totaled 184,000 in the week ending on Dec. 4 as employers fight to retain workers entering a busy holiday season.

“Looking past the noise, we think claims will eventually hover more consistently around pre-pandemic levels of 220k, assuming the Omicron variant of the coronavirus has only a moderate negative impact on the economy,” Nancy Vander Houten, lead economist at Oxford Economics, told the Daily Caller News Foundation.

Soaring inflation and falling unemployment have triggered Federal Reserve Chairman Jerome Powell to pivot away from pandemic era stimulus programs. Powell signaled that the central bank would wind down its bond-purchasing stimulus, which will lead to earlier-than-expected interest rate hikes.

The central bank is scheduled to meet Dec. 14-15, when a more detailed schedule is slated to be announced.

Today’s THREE Politically INCORRECT Cartoons by A.F. Branco


A.F. Branco Cartoon – Overwhelmed

A.F. BRANCO on November 17, 2021 | https://comicallyincorrect.com/a-f-branco-cartoon-overwhelmed/

Illegal immigrants along with MS-13, Drugs, crime, Human trafficking, and Covid pouring across the border have Biden building a wall around his house.

Biden Border Disaster
Political cartoon by A.F. Branco ©2021.

A.F. Branco Cartoon – Stranded

A.F. BRANCO on November 18, 2021 | https://comicallyincorrect.com/a-f-branco-cartoon-stranded-2/

Biden’s energy plan isn’t worth a crap, going from Trump’s energy independence to Biden begging OPEC for oil.

Biden Energy Plan
Political cartoon by A.F. Branco ©2021.

A.F. Branco Cartoon – Burning Man

A.F. BRANCO on November 19, 2021 | https://comicallyincorrect.com/a-f-branco-cartoon-burning-man-2/

Biden’s Spending bill will increase the already, Biden caused inflation substantially.

Biden Spending Bill
Political cartoon by A.F. Branco ©2021.

Donations/Tips accepted and appreciated – $1.00 – $5.00 – $25.00 – $50.00 – $100 – it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into the cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and shared by President Donald Trump.

Today’s Politically INCORRECT Cartoon by A.F. Branco


A.F. Branco Cartoon – America Under Attack

A.F. BRANCO on October 28, 2021 | https://comicallyincorrect.com/a-f-branco-cartoon-america-under-attack/

With all the dangers facing America Biden and the Dems want you to feel threatened by Parents.

School Board Meetings
Political cartoon by A.F. Branco ©2021.

Donations/Tips accepted and appreciated – $1.00 – $5.00 – $25.00 – $50.00 – $100 – it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into the cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and shared by President Donald Trump.

Today’s TWO Politically INCORRECT Cartoons by A.F. Branco


A.F. Branco Cartoon – New Teacher

A.F. BRANCO on October 17, 2021 | https://comicallyincorrect.com/a-f-branco-cartoon-new-teacher/

The Left wants to indoctrinate our kids with radical Ideas about sex and pornography.

03 Sex Ed Teach AN 1080
Political cartoon by A.F. Branco ©2021.

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into the cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and shared by President Donald Trump.

A.F. Branco Cartoon – Stupid Policy Tricks

A.F. BRANCO on October 18, 2021 | https://comicallyincorrect.com/a-f-branco-cartoon-stupid-policy-tricks/

Biden and his administration’s policies are turning America into one big Dumpster fire.

03 Dumb ster LI 1080
Political cartoon by A.F. Branco ©2021.

Donations/Tips accepted and appreciated – $1.00 – $5.00 – $25.00 – $50.00 – $100 – it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into the cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and shared by President Donald Trump.

Biden Promise Broken: Tax Hike on Mostly Middle, Lower Classes Would Fund $3.5T Spending Spree


Reported By Michael Austin  September 17, 2021 at 8:59am

During his campaign for the presidency, President Biden promised to not raise taxes on any Americans making less than $400,000 a year. If House Democrats are successful in passing their new tax proposal, that promise will soon be broken.

According to CNBC, the proposal is meant to pay for a healthy portion of their new $3.5 trillion spending plan, bringing in as much as $96 billion in revenue over the next decade. A plan summary released by Democrats reveals that part of the tax plan would target tobacco and nicotine products, including cigarettes, e-cigarettes, small cigars, smokeless tobacco and roll-your-own tobacco.

Multiple studies have shown that the majority of the users of these products are low-income Americans. For example, research from the Truth Initiative found that 72 percent of tobacco smokers come from low-income communities. Other peer-reviewed studies have found small cigar and roll-your-own tobacco consumers also tend to be disproportionately low-income. Among U.S. adults, even e-cigarettes, despite their relative novelty, were found to be used most often by those classified as either “poor” or “near poor,” according to the Centers for Disease Control and Prevention.

Given these studies, it is safe to say that the majority of the $96 billion in revenue Democrats hope to take in will come from lower-income communities, not from those making over $400,000 a year, as Biden promised.

Even without the tobacco tax, however, many critics of the current administration have noted that Biden already subverted his promise by drastically raising the level of inflation, which American economist Milton Friedman famously described as “taxation without representation.” As noted by Andy Puzder of Real Clear Politics on Aug. 12, Biden and the Democrats’ willingness to “pour massive amounts of dollars into the economy” is drastically lowering the value of the American dollar. As the government inflates the economy by printing off more money, the average American’s savings become less and less valuable.

In order to combat this, Republican Reps. Kevin Hern of Oklahoma and Lloyd Smucker of Pennsylvania introduced amendments to the Democrats’ spending plan on Tuesday that would essentially block any new tax increases until inflation and unemployment returned to pre-pandemic levels.

“It’s not hard to understand that this is the wrong time for Democrats to shove one of the largest tax increases in American history on the American people that have not regained their strength from the brutal blow of COVID-19,” Hern said during the Tuesday hearing.

“Inflation is a tax on all Americans and it hurts working-class Americans the most.”

Democrats blocked the bills, meaning middle-class and lower-income Americans may soon be paying even more money to the federal government.

Michael Austin

Michael Austin joined The Western Journal as a staff reporter in 2020. Since then, he has authored hundreds of stories, including several original reports. He also co-hosts the outlet’s video podcast, “WJ Live.”

@mikeswriting

Today’s TWO Politically INCORECT Cartoons by A.F. Branco


A.F. Branco Cartoon – Oh, the Terror

A.F. BRANCO on September 15, 2021 | https://comicallyincorrect.com/a-f-branco-cartoon-oh-the-terror/

G.W. Bush spoke out against Trump supporters at the 9/11 ceremony lumping them in with Islamic Terrorism.

America’s Taliban
Political cartoon by A.F. Branco ©2021.

Donations/Tips accepted and appreciated – $1.00 –  $5.00 –  $25.00 – $50.00 – $100 –  it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into the cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and shared by President Donald Trump.

A.F. Branco Cartoon – Chief of Shaft

A.F. BRANCO on September 16, 2021 | https://comicallyincorrect.com/a-f-branco-cartoon-chief-of-shaft/

If General Milley went behind Trump’s back to China and his officers to undermine him, that is treason.

General Milley Insubordination
Political cartoon by A.F. Branco ©2021.

Donations/Tips accepted and appreciated – $1.00 –  $5.00 –  $25.00 – $50.00 – $100 –  it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into the cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and shared by President Donald Trump.

Today’s Politically INCORRECT Cartoon by A.F. Branco


A.F. Branco Cartoon – Life In A Bubble

A.F. BRANCO on September 7, 2021 | https://comicallyincorrect.com/a-f-branco-cartoon-life-in-a-bubble/

It’s a shame when President Biden places a higher Priority on ice cream than the death and destruction of his policies.

Joe Biden Failing Mentaly
Political cartoon by A.F. Branco ©2021.

Donations/Tips accepted and appreciated – $1.00 –  $5.00 –  $25.00 – $50.00 – $100 –  it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into the cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and shared by President Donald Trump.

Today’s Politically INCORRECT Cartoon by A.F. Branco


A.F Branco Cartoon – Venezuela Here We Come

A.F. BRANCO on August 12, 2021 | https://comicallyincorrect.com/a-f-branco-cartoon-venezuela-here-we-come/

Biden’s infrastructure bill and economic policies are bringing down the value of the dollar(inflation).

Biden Inflation
Political cartoon by A.F. Branco ©2021.

Donations/Tips accepted and appreciated – $1.00 –  $5.00 –  $25.00 – $50.00 – $100 –  it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into the cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and shared by President Donald Trump.

‘Biden’s Raging Inflation Crisis’: Consumer Prices Surge 5.4%, Led By Food And Energy Costs


Reported by THOMAS CATENACCI | REPORTER | August 11, 2021

Read more at https://dailycaller.com/2021/08/11/joe-biden-white-house-consumer-prices-inflation-federal-reserve-economy/

Consumer Prices Continue To Rise, Accelerating At Fast Pace
Scott Olson/Getty Images

Inflation increased at a rapid 5.4% clip compared to August 2020, the Department of Labor said Wednesday. The Consumer Price Index (CPI), a common tool used to measure inflation, increased 0.5% between June and July, according to the Labor Department report. “It will be another very hot number with the fingerprints of the pandemic all over it,” Moody’s Analytics chief economist Mark Zandi told CNBC before official numbers were released.

Energy and food costs contributed the most to the higher-than-normal figure, rising 0.7% and 1.6% respectively last month, the report showed. Gasoline ticked up 2.4% in July and a whopping 41.8% year-over-year.

The CPI increased at an annual rate of 5.4% in June, 5% in May and 4.2% in April, according to government data. Inflation rose 0.9% in June, the quickest increase since August 2008. 

The Federal Reserve, which has downplayed rising consumer prices as a temporary product of the rapid economic recovery, acknowledged last month that inflation could be “higher and more persistent” than it previously forecasted. Treasury Secretary Janet Yellen recently predicted continued “rapid inflation” over the medium term, after months of suggesting it would subside quickly.

Federal Reserve Board Chairman Jerome Powell appears for a Senate Banking Committee hearing on July 15. (Win McNamee/Getty Images)

Federal Reserve Board Chairman Jerome Powell appears for a Senate Banking Committee hearing on July 15. (Win McNamee/Getty Images)

The White House has repeated the predictions made by the Federal Reserve and Yellen, calling inflation transitory and ensuring it would return to normal by 2022.

“It’s also important to note, though — because we rely on the Federal Reserve for projections — that they are projecting to come back to normal levels next year, and this is still foreseen as a transitory impact on prices,” White House Press Secretary Jen Psaki told reporters Tuesday.

She added that inflation remained at an elevated level due to a large number of supply chain shortages around the world, a theory prominent economists have backed.

“The kind of inflation now is driven by the fact that there aren’t enough used cars, that the oil markets are rocking and rolling, that housing construction demand is high and there’s been trouble getting sawmills up and running,” Beacon Economics founding partner Christopher Thornberg told The Wall Street Journal.

Used car prices have surged 41.7% over the last year, according to Wednesday’s Labor Department report. Conservatives and other economists have blamed Biden’s high-spending for the increased prices affecting Americans.

“The Democrats’ reckless tax & spending spree fuels Biden’s raging inflation crisis & will drive U.S. debt to $45 TRILLION,” Republican Florida Sen. Rick Scott tweeted Tuesday.

Today’s Politically INCORRECT Cartoon by A.F. Branco


A.F. Branco Cartoon – McFlation

A.F. BRANCO on June 11, 2021 | https://comicallyincorrect.com/a-f-branco-cartoon-mcflation/

Biden and the Democrat’s policies of paying people not to work are driving up wages and causing inflation.

Biden Inflation

Political cartoon by A.F. Branco ©2021.

Donations/Tips accepted and appreciated – $1.00 –  $5.00 –  $25.00 – $50.00 – $100 –  it all helps to fund this website and keep the cartoons coming. Also Venmo @AFBranco – THANK YOU!

A.F. Branco has taken his two greatest passions, (art and politics) and translated them into the cartoons that have been popular all over the country, in various news outlets including “Fox News”, MSNBC, CBS, ABC, and “The Washington Post.” He has been recognized by such personalities as Dinesh D’Souza, James Woods, Sarah Palin, Larry Elder, Lars Larson, Rush Limbaugh, and shared by President Donald Trump.

Give Me More! Biden Team Pushes For MORE Stimulus Spending Despite Signs Economy is Stabilizing


Posted by Trish ReganTrish Regan | February 19, 2021

Before reading, please take a quick moment to sign up for my podcast. You can download the clip and sign up here below.

 

Treasury Secretary Janet Yellen appeared on CNBC Thursday afternoon to push for more stimulus spending saying that, “a big package” is necessary to help the economy recover and that, “the price of doing too little is much higher than the price of doing something big.”

Apparently, the Treasury Secretary is not familiar with the Fall of the Roman Empire (or, she is, but is deliberately choosing to ignore.) It was Rome’s debt crisis that led the fall of the Roman Republic and it’s not inconceivable that the history could repeat itself in modern day America.

Biden Administration Tries to Make Its Case

The reality is: $1.9 Trillion is a lot of money. Especially on the heels of the multiple trillions already spent. But, the Biden administration has its script and it’s sticking to it. “Give me more!” is the mandate.

Kamala Harris went on the Today Show Wednesday to plead for stimulus to open the schools (interestingly, of the $128 billion being demanded for education, only $6 billion is allocated for the opening of schools in 2021 – the rest is spread out over the next seven years.)

And, President Joe Biden keeps talking his “book” — by highlighting every negative in the economy in an effort to create more pressure for stimulus spending. Though the economy added jobs last month, Biden tells us, “at this rate it will take ten years to return to full unemployment.”

Meanwhile, the Federal Reserve is signaling its willingness to continue printing money with Fed Chairman Jerome Powell telling the Economic Club of New York last week that although he is seeing some signs of inflation, it’s just a “transient thing that we think will pass.”

I wouldn’t count on that.

Debt & Inflation Caused Roman Empire to Implode

Again, I return to the biggest causes of the fall of Rome: massive debt, rampant inflation, over-taxation, too many freebies, feudalism, and an enormous trade deficit with Iran (rather like China today.)

Consider the similarities: We have massive debt, high taxation, too many freebies, major trade deficits, a kind of feudalism (a system that benefits the wealthiest Americans seemingly at the expense of the middle class) and we are soon to be looking at rampant inflation. How could we not? Last year alone, in 2020, we raised the money supply 24% — the biggest surge in the 150 years that we’ve been tracking our currency.

All this spending has consequences. Sadly, our politicians are too selfish to recognize any long-term economic issues. It’s always about the next election and they’ll spend as much money as it takes to get ahead in the polls. But, as Mark Twain said,

“history doesn’t repeat itself, but it often rhymes.”

Let’s not let the United States of America go the way of the Roman Empire.

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