After listening to the State of the Union address, Americans know why the latest Reuters poll has President Joe Biden at 41% approval.
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How does a president explain that eggs climbed to $7 a dozen, or a thin steak hit $15 a pound, or a sheet of plywood reached $95? What can a president say when in his first two years over 5 million foreign nationals poured into the United States — all illegally across a non-existent border? He brags about a low unemployment rate. But Biden never discloses the better indicator of the labour participation rate that has declined under his tenure, or the fact he inherited a growing economy naturally rebounding on autopilot from a disastrous two-year COVID lockdown.
Biden ignores the $4 trillion he has borrowed in just two years to inflate the national debt, now on its way to over $32 trillion this year. The middle class has bled 20-30% of their 401K retirement plans representing years’ worth of lost hard-earned savings. He never mentions that Russia went into Ukraine because Russian President Vladimir Putin saw no downside after this debacle in Afghanistan, or that Biden’s own inept remarks about not worrying over a Russian invasion of Ukraine if it just proved to be “minor” probably played some role.
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