{"id":49201,"date":"2023-02-09T08:52:55","date_gmt":"2023-02-09T13:52:55","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=49201"},"modified":"2023-02-09T08:52:55","modified_gmt":"2023-02-09T13:52:55","slug":"about-that-speech","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=49201","title":{"rendered":"About That Speech"},"content":{"rendered":"<p>On Thursday, <a href=\"https:\/\/thefederalist.com\/2023\/02\/08\/dont-fall-for-joe-bidens-economic-fairy-tale\/\" target=\"_blank\" rel=\"noopener\">The Federalist<\/a> weighed in on President Biden&#8217;s State of the Union Speech.<\/p>\n<p>Here are a few comments from the article:<\/p>\n<p style=\"padding-left: 40px;\"><strong>Like Nero bragging about rebuilding Circus Maximus after burning it down, Joe Biden took to the podium tonight to take credit for solving a slew of problems he helped create.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>At the top of his State of the Union <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/speeches-remarks\/2023\/02\/07\/remarks-of-president-joe-biden-state-of-the-union-address-as-prepared-for-delivery\/\" target=\"_blank\" rel=\"noreferrer noopener\">address<\/a>, the president boasted that he had \u201ccreated more jobs in two years than any president created in four years.\u201d No president \u2014 not Joe Biden nor Donald Trump \u2014 <em>creates<\/em> jobs. But Biden\u2019s contention was exceptionally misleading, considering he inherited an economy that had been unplugged by an artificial, state-induced shutdown. If the government compels businesses to shutter, it doesn\u2019t \u201ccreate\u201d jobs when allowing them to open.<\/strong><\/p>\n<p>Presidents don&#8217;t create jobs, but their policies create an atmosphere that either encourages or discourages economic growth. President Biden&#8217;s economic policies have not encouraged economic growth.<\/p>\n<p>The article also notes:<\/p>\n<p style=\"padding-left: 40px;\"><strong>Three years ago, the unemployment rate was at <a href=\"https:\/\/www.cnbc.com\/2020\/03\/06\/us-jobs-report-february-2020.html\" target=\"_blank\" rel=\"noreferrer noopener\">3.5 percent<\/a>. Today, Biden reminded us that it was at a historic low of <a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/empsit.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">3.4 percent<\/a>. More than 30 million people <a href=\"https:\/\/www.wsj.com\/articles\/how-many-u-s-workers-have-lost-jobs-during-coronavirus-pandemic-there-are-several-ways-to-count-11591176601\" target=\"_blank\" rel=\"noreferrer noopener\">lost their jobs<\/a> to Covid lockdowns. Biden claims to have \u201ccreated\u201d 12 million jobs during the past two years. The one big difference is that the labor participation rate still <a href=\"https:\/\/www.bls.gov\/charts\/employment-situation\/civilian-labor-force-participation-rate.htm\" target=\"_blank\" rel=\"noreferrer noopener\">hasn\u2019t<\/a> recovered to pre-Covid numbers. It\u2019s great that people are working again. But millions fewer are in the market for jobs.<\/strong><\/p>\n<p>The article concludes:<\/p>\n<p style=\"padding-left: 40px;\"><strong>Biden went into his well-worn platitudes and myths about how the rich don\u2019t pay taxes \u2014 \u201c[n]o billionaire should be paying a lower tax rate than a school teacher or a firefighter!\u201d \u2014 and proposed higher rates on the wealthy and corporations. He also promised to micromanage the economy with a slew of new regulations that would interfere in voluntary contracts struck between employees and employers and consumers and businesses.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>Biden implored Congress to pass the <a href=\"https:\/\/www.congress.gov\/bill\/116th-congress\/house-bill\/2474\/text\" target=\"_blank\" rel=\"noreferrer noopener\">PRO Act<\/a>, a bill that would empower the government to impose unions on businesses and workers who want no part of them. Biden hawked an entire menu of crude economic populism \u2014 including price controls and protectionist trade policies that would undermine growth, competition, job creation, and innovation while driving up the cost of virtually every construction project in the country.<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>There were numerous lies, half-truths, and deceptions. There was a slew of antiquated economic ideas and sloganeering. But, surely, the president\u2019s biggest lie of the night was to claim, \u201cI\u2019m a capitalist.\u201d<\/strong><\/p>\n<p>We have a President who needs to take an Economics Course. He does not understand (or chooses to ignore) basic economic facts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Thursday, The Federalist weighed in on President Biden&#8217;s State of the Union Speech. Here are a few comments from the article: Like Nero bragging about rebuilding Circus Maximus after burning it down, Joe Biden took to the podium tonight &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=49201\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[8123,8700,13372,11999,11815,297],"class_list":["post-49201","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-inflation","tag-job-creation","tag-president-biden","tag-state-of-the-union-speech","tag-the-federalist","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/49201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49201"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/49201\/revisions"}],"predecessor-version":[{"id":49202,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/49201\/revisions\/49202"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}