Budget Gaslighting
Biden tries to brand himself as deficit cutter, not big spender
The Washington Examiner pulls back the curtain on Joe’s reinvention of himself as he tries to brand himself as a deficit cutter (despite all of his deficit spending).
President Joe Biden has been trying to convince voters he is a deficit cutter and not a big spender before November’s midterm elections.
But although Biden’s hyped student loan debt forgiveness announcement this week has energized Democrats, it has also rankled Republicans, independents, and budget experts as Federal Reserve Chairman Jerome Powell warns the public to expect “some pain” as the central bank attempts to tame inflation.
Biden’s executive order this week canceling $10,000 in federal student debt for borrowers earning less than $125,000 a year and $20,000 for eligible Pell Grant recipients came after the White House Office of Management and Budget‘s midsession review.
The OMB amended its projected budget gap this week to $1 trillion in fiscal year 2022, $1.7 trillion less than last year, $400 billion less than March, and the lowest deficit since 2019 before the pandemic. But that was before the White House bowed to pressure Friday and provided an estimated cost for Biden’s student debt forgiveness proposal. The administration predicts the program’s price tag will be roughly $24 billion a year for the next decade if 75% of eligible borrowers participate. That $240 billion number is short of the Penn Wharton Budget Model’s $300 billion to $980 billion forecast.
Bipartisan Policy Center Senior Vice President Bill Hoagland ripped the OMB’s update, which was due July 15, as unhelpful. That is because it does not account for new legislation, including the $280 billion manufacturing and innovation CHIPS and Science Act and the $430 billion climate and healthcare Inflation Reduction Act, in addition to the student debt cancellation scheme, according to Hoagland.
“I don’t know what value it has other than, as I said, they can check the box that they released this report,” he told the Washington Examiner. “For those of us who follow these things, it’s not helpful but maybe for the PR purposes out there having another opportunity to say the deficit’s coming down. I just don’t know how they get away with that today when they turn around and potentially add back another $300 billion.”
For Hoagland, who did credit the OMB for “being more honest with the economic assumptions,” the next-best deficit projection would be published by the Congressional Budget Office in January.
“It’s come down, but I would be a little bit skeptical of how much of that reduction was associated with actual policy,” he said. “It was associated with not doing another stimulus package to deal with COVID.”
More broadly, Cato Institute’s tax policy studies director, Chris Edwards, dismissed Biden’s deficit messaging as “idiotic” and “bulls***,” agreeing with Hoagland that this summer’s legislative flurry will exacerbate it in the coming years.
Edwards, who similarly criticized former President Donald Trump and Senate Minority Leader Mitch McConnell’s (R-KY) spending, compared the current political moment to the 1980s and ’90s, when lawmakers “feared running big deficits” in case they contributed to high inflation and interest rates. Consumer prices rose by 8.5% in the 12 months ending July 31, and Powell foreshadowed another 50 or 75 basis-point rate hike in September on Friday during a speech in Jackson Hole, Wyoming.
“The landscape has changed so much in Washington now that, even with 9% inflation, politicians are opening the floodgates to spending,” Edwards said, contrasting Biden with former Presidents Jimmy Carter and Ronald Reagan. “That’s politically remarkable.”
“It’s completely wrong for the executive branch to take such a big spending action without the legislature being involved,” the Downsizing Government editor continued on student debt. “This is going to put $300 billion on the federal government’s tab that young people are going to have to pay back in the future in the form of higher taxes.”
Biden repeated his deficit talking points this week during his first Democratic National Committee fundraiser and rally of the 2022 midterm cycle after his summer vacation.
“You hear Republicans always talking about the deficit, right? About big-spending Democrats?” he said Thursday night during the Maryland rally. “Well, guess what? When the last guy was president, he increased the debt by $2 trillion in tax cuts, not a penny of it paid for. OK? Well, guess what we did? We’ve reduced the deficit.”
(Read more at the Washington Examiner)
If you are voting for Biden, something other than everyday reality has your mind
If, after almost two years of Biden disaster, you are still considering Democrats, then what reasoning stands for you? Is it that you depend on government subsidies? Are you a self-loathing Fetterman-clone who lives off the family trust fund and bought your house for a dollar from your sister? Are you a single-issue voter that has decided to zone in on transgenderism, destroying the police, abortion through all nine months in all states, or some other nebulous Democrat cause?
Why, at this point, does anyone put any credit in the Democrat message?
…
Gaslighting by affixing names
Biden calls on the mob
The American Thinker exposes the way Biden started his name-calling trend by dubbing the opposition as “fascists.”
The Dems decided they needed a little presidential revival before the midterms to fire up their base — which isn’t looking very motivated at the moment. They gave President Gremlin a few days of vacation to rest up, a couple of shots of Adderall to switch on long-dormant brain cells, and a few hits of oxygen so he could walk out onto the stage without collapsing.
They trotted Biden out to a friendly audience in a suburb of Washington, D.C., and he gave a real barn-burner of a speech. He was angrier than an old coot screaming at the neighborhood kids to get off of his yard. Apparently, the Democrats think that is a good look for them. I wonder if they’ve considered that this speech may come to define the Biden presidency?
The speech was about those that voted for Donald Trump, but it revealed a great deal more about our presidential sock-puppet himself. We learned that Joe has an advanced case of Trump Derangement Syndrome. He said:
We’re seeing now either the beginning or the death knell of an extreme MAGA agenda. It’s not just Trump… It’s almost semi-fascism.
Our uniter in chief believes anyone who could be counted among the MAGA movement is a fascist — sorry, semi-fascist, if that makes any difference. He doesn’t just hate Donald Trump. He hates anyone who doesn’t hate Donald Trump. And the Democrats endorse this attitude because they’re no longer in the business of winning the competition of ideas. They’re in the business of amassing and applying raw governmental power.
(Read more at the American Thinker)
The only thing I have not seen so far has been a side-by-side video of Joe and Adolf
As you can see from the following tweets, the idiocy of Joe’s “Red Speech” was not well received by any but the dyed-in-the-wool (or would that be “died-in-the-wool” for the die-hards?).
…
Democrats acknowledge their gaslighting over President Trump’s claim that the documents had been declassified
The affidavit acknowledges the Trump administration official’s claim that President Trump had previously declassified the seized documents
One America News Network outlines how the documents at the center of the Mar-A-Lago raid were already declassified.
Lawmakers are outraged at the heavy redactions in the highly anticipated affidavit used to obtain a search warrant for the raid on Mar-a-Lago.
20 of the 38-pages that were released on Friday were either significantly or fully redacted. However, page-19 of the affidavit may point to the can of worms that the Department of Justice (DOJ) knows it opened by ransacking the 45th President’s Florida home earlier this month.
Page 19 cited a Breitbart article from May 5, 2022. That article stated that former Trump administration official, Kash Patel, said the 15-boxes of documents had already been declassified but that the classification markings had not been updated.
Patel maintained that President Trump retained and declassified those documents in anticipation of leaving government. He said that Trump did this because he thought the American public should have the right to read it for themselves.
“The President, by law, is the ultimate arbiter of the classification authority. If he says it, it’s declassified,” stated Patel. “It doesn’t need to go through the bureaucratic rigmarole (and) be written down in appropriate style. That’s not what the constitution says.”
Patel also vocalized that reports claiming that Trump took classified information are completely false and is just another disinformation campaign against him.
Trump appointed Patel alongside John Solomon in June as his representative for access to Presidential records. As the former Pentagon Chief of Staff, Patel explained that all previously classified documents have classification markings on them. This simply means they used to be classified. He added that “government simpletons” did not follow the President’s orders to have them marked as “declassified,” which he did and has the unilateral authority to do.
“When these rubes get in the way because they say ‘ohh well you know so-and-so didn’t sign the letter, White House counsel didn’t do this’ that’s a farce,” remarked Patel. “And not only did the President do it by writing in October of 2020, he did it verbally at least, to the best of my recollection, multiple times in the whole sets of documents.”
Patel did not go into specifics about the document, but he said they contain information on Russiagate and the Ukraine impeachment fiasco which Trump wanted the public to have access to. The former Pentagon Chief of Staff suggested that the documents may have selectively be leaked to advance a false political narrative. Patel posted a statement on Truth Social shortly after the redacted affidavit was released.
(See the closing tweet at OANN)
A passing acknowledgement is not enough for most
Because the press has continued to push the “Russia” angle for years after it was disproven by Mueller, just one admission in an affidavit will not be enough.
…
Joe Biden mocks President Trump’s ability to declassify documents while in office and, when challenged, responds with “I don’t know.”
The New York Post caught Joe Biden gaslighting on presidential powers to declassify — until he gets a challenge.
President Joe Biden on Friday mocked Donald Trump’s claim to have declassified all of the documents targeted in an FBI raid on his Florida estate earlier this month.
Biden — asked about his predecessor’s stance after a judge released a heavily redacted version of the feds’ affidavit seeking the search — scoffed to reporters, “I just want you to know I’ve declassified everything in the world.
“I’m president, I can do — c’mon,” Biden said as he was leaving the White House for the weekend.
Pressed further about the case, he quickly added, “I’m not going to comment because I don’t know the details.
“I don’t want to know,” Biden added.
(Read more on Biden’s ignorance at the New York Post)
If Biden includes any documents in his library, then we will need to investigate
Obviously, the “procedures for declassifying” mentioned by “experts” must be believed (at least according to the Biden-supporting group).
Never mind that U.S. District Judge Amy Berman Jackson ruled in March 2012 (and it has never been challenged in any higher court):
Under the statutory scheme established by the PRA, the decision to segregate personal materials from Presidential records is made by the President, during the President’s term and in his sole discretion.
(continued)
Since the President is completely entrusted with the management and even the disposal of Presidential records during his time in office, it would be difficult for this Court to conclude that Congress intended that he would have less authority to do what he pleases with what he considers to be his personal records.
Yep. Never mind legal precedent that has never been challenged. Just go with what these idiots say and apply it fully to them for eternity.
…
Like this:
Like Loading...
You must be logged in to post a comment.