Meanwhile, his “American Rescue Plan” not only slowed reopening by discouraging the return to work, it also pumped trillions of borrowed cash into the economy, triggering historic jumps in inflation. For months he insisted those price hikes were “transitory”; as inflation raged past 9% last year, he was still promising to get “prices under control.” (They’re finally getting there, thanks exclusively to the Federal Reserve’s interest-rate hikes.)
In that first speech to Congress, by the way, he also vowed that Vice President Kamala Harris would “get the job done” in addressing “the root causes of migration.” She got nothing done; the surge of migrants at the border has only kept growing.
In last year’s SOTU, the prez promised his release of oil from the Strategic Petroleum Reserve would “blunt” surging prices. They quickly surged even more (natch!), topping $5 a gallon by June — as his team continued its war on oil.
He also bragged of “joint patrols with Mexico and Guatemala,” more immigration judges and steps by South and Central American countries to help stem the flow of migrants — all with spectacularly little effect. Indeed, while he and his staff have repeatedly insisted the border’s under control, migrants have been streaming in from ever-farther-away places.
Bookmarks