Things I Heard Them Say
So now Fed Chair Powell says we “must fight inflation.” Really, a year ago you were unconcerned, calling it transitory and assured us we were off base with our concerns. You own part of this, Mr. Chairman.
I saw Senator Elizabeth Warren on a Sunday show, and she said this as she was pointing blame at the Fed Chair:
“Do you know what’s worse than high prices and a strong economy? It’s high prices and millions of people out of work. I’m very worried that the Fed is going to tip this economy into recession.”
For her it’s all Powell’s fault. Her reckless spending? Of course not. Powell was their friend, until inflation got out of control.
Put this in the column that it’s not what they say when they’re running, it’s what they did when they were in office.
Today’s example is Rep. Tim Ryan, running for Senator in Ohio. A smart politician dedicated to his causes, who voted 100% of the time with Nancy Pelosi and President Biden.
Now that he’s running statewide he talks as if he were a voice of reason before.
Here he is on the education bailout. Think he would have said this if he were running for his old house seat?
“The cost of college is outrageous. But there’s nothing in here to control that cost. And again, I think we can get a significant way down the road by allowing them to renegotiate down the interest rates … If it’s part of a broader package, we can certainly talk about it … The general tax cut’s the best way to go. A targeted measure helping only those with student loan debt sends the wrong message since a lot of Americans are struggling.”
On the education bailout program, we made our position clear. Pay your own debt. If you want a program, find out why college costs have gone up so much. Let the colleges pay back failed loans; don’t they make decisions on who to admit? Maybe if we did that they would look at their acceptance criteria and lower costs.
Anyway, why can’t people pay their loan?
Jobs? We have 10 million unfilled openings. Go get a job.
Amount of deduction? The proposal is 5% of discretionary income. I tell you what, go to Starbucks a few less days a month, eat a meal at home and sacrifice a little.
Plus all payments have been on hold for two years (and are until the end of the this year), where’s that money?
A Big Lie I Hear
How many times have you heard the President say (and justify new spending) that he brought the deficit down and therefore can spend more.
Well, here’s the facts and you judge.
In 2019 the federal deficit was $984 Billion.
In 2020, because of the pandemic and shut down, the deficit rose to $3.1 Trillion.
In 2021, the year President Biden claims he cut the deficit, what should you measure the number against? Pre covid or with the added covid dollars? Of course, 2019, because 2018, 2017, 2016 were in that range.
Well, the deficit in 2021 was 2.8 trillion with far less covid spending. In 2022 it is projected to $1.4 trillion.
Now, if you back out covid spending, we have record deficits, but it you measure it against the pre covid spending you see the real number.
But then again, with a compliant media you can fool some of the people all the time.
Let’s See Now
I watched a demonstration with all the signs, “My body, my choice.” I see. At what point does the choice your body make become my obligation? Does this work? “Your loan, your bill, you pay,” because you sure seem eager to pass your college loans off to me.
And by the way, I agree completely, it is your body and your choice. The question is this:
When you decide to share your body with someone else and a unique individual begins to develop because you did, does that hold true?
The Trump Fascination
The Trump fascination and the Trump ego to think he can win again is shaping the November mid terms.
This from the Cook Political Report:
“While neither Biden nor Trump are popular, Trump is the more polarizing. New polling from NBC News finds Trump’s net favorable ratings (-18) to be twice as bad as Biden’s (-8). That same dynamic is showing up in swing states like Arizona, where a recent FOX News poll finds Trump’s net favorable at -20 to Biden’s -10, and Wisconsin, where the FOX poll showed Biden’s net favorable ratings at (-6) compared with Trump’s (-10).”
Biden often says., “Don’t compare me to the Almighty, compare me to the alternative.”
Trump’s positions himself as the alternative is allowing Biden to make that distinction a lot easier.
The Washington Post hit it with this: “Trump is turning the midterms from a referendum into a choice”