President Joe Biden, 80, said that 70-year-old President Joe Biden is “losing the war in Iraq,” another painful remindere ignored by the Democrat Party that the current White House occupant is mentally unfit to serve as president. Speaking today in Chicago, Biden wants to take credit for the fact the U.S. has made a sustained recovery from the Covid-19 downturn and leads the world’s economies in economic growth. Biden makes his own case why ending shutdown, during the least two years of the Trump administration depressed economic growth, having little to do with Trump’s economic policies. GDP growth under 77-year-old former President Donald Trump was near three percent, up until Federal Reserve Board Chairman Jerome Powell decided to start hiking rates in 2019, before slashing them to zero once the pandemic struck the U.S. economy, causing a slowdown.
Biden plans to use his speech in Chicago today to tout his economic record when, in fact, he fueled the worst inflation in 40 years by starting a proxy war in Ukraine, forcing the Western Alliance to boycott Russian oil. Biden’s pandemic spending binge no doubt added to the inflationary cycle that hasn’t yet finished with Powell threatening more rate hikes in the months ahead. Biden injected trillions in pandemic relief into the U.S. economy, giving consumers the resources to spend at a time of high unemployment. So when pandemic restrictions ended in later 2020, the damage had already been done to the U.S. economy, causing unemployment to spike to close to 10%. Trump took the brunt of the pandemic economic malaise, with Biden catching the rebound when the economy recovered. Most polls show Biden with poor marks on the economy, something Biden hopes to change in Chicago.
Biden has ignored completely how his Russian oil boycott and proxy war against the Russian Federation continues to dampen economic growth in the U.S. and abroad. China and Europe have suffered economic downturns because of the war, with Biden and Ukraine’s 45-year-old President Volodymyr Zelensky refusing to move the conflict from the battlefield to the peace table. Since the recent failed coup by Wagner Group mercenary 62-year-old Yevgeny Prigozhin, Zelensky thinks it gives his counteroffensive a boost, hoping to expel Russian forces by year’s end. But with or without Prigozhin’s failed coup, military experts think the war will slog on into the indefinite future in a virtual stalemate. If Biden really wanted to help stimulate the U.S. and world economy, he would end the billions drained from the Treasury to fund the Ukraine government and war with the Kremlin.
Biden told a gathering Florida that “inflation is a worldwide problem right now, because of a war in Iraq and the impact on oil and what Russia is doing.” Biden corrected himself after prompting. “Excuse me, the war in Ukraine,” Biden said, catching himself in yet another senior moment. No matter how you cut it, Biden is not fit to run the U.S. economy or U.S. foreign policy. Since taking office Jan. 20, 2021, Biden has wrecked decades to cooperative relations with Russia and China, now driving both nuclear-armed superpowers into a political, economic, military and strategic alliance. Biden joined Ukraine’s war against the Kremlin, an unprecedented move, ending decades of détente with the Russian Federation. When it comes to China, Biden violated the 1979 Taiwan Relations Act, telling Chinese President Xi Jinping he would commit U.S. troops to defend Taiwan from a Beijing invasion.
When Putin invaded Ukraine Feb. 24, 2022. Biden started a hostile foreign policy toward Russia and China. Calling Putin a “soulless killer” and accusing Chinese President Xi Jinping of genocide against Muslim Uyghurs, Biden took generations of cooperative, pragmatic relations turning Russia and China into active enemies. Biden promised he would contain Putin from invading Ukraine, simultaneously, arming Kiev to the to the hilt, making Ukraine a national security threat to the Russian Federation. Biden said Putin’s invasion was “unprovoked and unjustified” but Putin warned him for months he would be force to take “military technical measures” if Biden did not renegotiate Ukraine security arrangements. Bide refused to dialogue with Putin, pushing Putin to invade. Biden said his economic sanctions would stop Putin from invading and break the Russian economy,
Since Biden joined the Ukraine War against the Russian Federation, U.S. and world inflation hit 40-year highs. Frankfurt-base European Central Bank has been hiking rates to cool down inflation not seen since the late 1970s. Biden’s Russian oil embargo did nothing to discourage Putin’s Ukraine War, other than drive Putin into a closer economic alliance with Communist China and India. Biden thought he would create a vast global coalition to sanction Putin for his Ukraine invasion. Instead, Biden created a new world order with Russia, China, India, Brazil and South Africa forming the BRICS economic bloc to challenge U.S. global economic supremacy. Biden’s reckless foreign policy has created economic upheaval around the planet, pushing Russia and China into an economic, political, military and strategic alliance, largely to confront Biden’s hostile foreign policy.
About the Author
John M. Curtis writes politically neutral commentary analyzing spin in national and global news. He’s editor of OnlineColumnist.com and author of Dodging The Bullet and Operation Charisma.
