All the talk this week over Biden’s potential 2024 reelection campaign came to a screeching halt on Tuesday after the cognitively deficient President lost his mind while on stage in Philadelphia.
Biden has grown increasingly frustrated behind the scenes. According to inside reports, Biden has begun raging at staffers who’ve failed to wrangle the inflation crisis before it became politically harmful.
His anger is beginning to show in public as well.
On Tuesday, the failing President ranted and raved during a speech at the 29th AFL-CIO Convention in Philadelphia. He screamed into the microphone, hoping to emphasize his rage at those who accuse him of “reckless spending” during an inflationary period.
Meanwhile, the entire Biden administration is coming unhinged as approval ratings plummet across the board just months away from November’s midterms.
Biden attempted to debunk Republicans’ claims that he is a “big spender” and contributing to a rising deficit. He said the administration will cut the deficit by another $1.6 trillion in one year.
“We have spent a lot of money,” Biden said, before launching an attack on Former President Trump.
Biden claimed that under the Trump administration “the deficit exploded,” yet most Americans reported better financial outcomes anyway. President Trump did in fact spend a lot of money and would certainly not be considered “fiscally conservative” under the previous Republican definition.
However, Trump spent money to build up the U.S. military, protect our borders, and save our economy. The federal government received a windfall of cash under the Trump administration as he was an ardent supporter of economic tariffs against adversaries. Trump also forced other NATO countries to match America’s investments in global security and invested in a border wall along the US-Mexico border.
Trump was unfortunately hit with a global pandemic, so spending certainly increased at that time as well.
Joe Biden, conversely, is making his investments overseas. He’s wasting trillions upon trillions to push a political agenda that does nothing besides make every more expensive and less efficient. Biden is spending billions to radically transform this country into a globalist hell hole, like Europe.
“I don’t want to hear any more of these lies about reckless spending. We’re changing people’s lives!” he shouted.
Biden, visibly angry: "I don't want to hear anymore of these lies about reckless spending. We're changing people's lives!" pic.twitter.com/0I3OgmIJGD
— Townhall.com (@townhallcom) June 14, 2022
Deficit spending was drastically reduced as the need for emergency pandemic spending came to an end; by no means did that have anything to do with Joe Biden, despite his claims. According to the Congressional Budget Office (CBO), the national deficit dropped by $874 million just before Joe Biden assumed office
However, after Biden passed the American Rescue Plan, the deficit was then expected to drop by $124 billion instead, FactCheck reported. The legislation is expected to raise the national debt by $3.8 trillion by 2031, according to the CBO.
Not to mention the $1.2 trillion infrastructure bill Biden signed into law on Nov. 15. That bill alone will add $256 billion to the nation’s debt over the next decade, according to the Budget Office.
Luckily, Biden’s “Build Back Better” legislation failed to get through Congress, but if passed would’ve added another $367 billion to the national debt.
Biden acknowledge the skyrocketing inflation rate during his Tuesday speech but failed to admit it is a result of his own fiscal policies. Like a slap in the face, Biden said inflation is “sapping the strength of a lot of families” yet still maintains his path forward is the correct one.
Meanwhile, the current inflation rate is the highest its been in four decades, rising 8.6% in May alone.
Author: Robert Bogart
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