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    There will be no soft landing

    By Brady Leonard,

    2024-08-15

    https://img.particlenews.com/image.php?url=2jFUvp_0uzESrct00

    During a brief presser Wednesday, a reporter asked President Joe Biden about inflation . The president responded, “I told you we’re going to have a soft landing, we’re going to have a soft landing. My policies are working. Start writing that way, OK?”

    There is a lot to unpack from that brief exchange. Let's start with Biden’s obstinate assertion that the press should simply write whatever he wants. Since Biden was first elected to the Senate in 1972, he has been a loyal party man and a reliable liberal in every office he has held, which has afforded him a great deal of favor with the legacy press.

    He was a liberal senator who protected abortion, voted against the Second Amendment whenever possible, and attacked opponents of the Left and the press, such as Justice Clarence Thomas. Later, Biden was connected to former President Barack Obama, an almost messianic figure to most journalists, and he defeated the man the press considers the second coming of Adolf Hitler, former President Donald Trump. All this meant journalists would typically write whatever Biden wanted. Great gig, if you can get it.

    That was all before the press decided Biden was an electoral liability. Now that powerful Democrats and their co-conspirators in the press have successfully supplanted Biden with Vice President Kamala Harris at the head of the ironically named Democratic ticket, journalists no longer feel the need to shield the 81-year-old president from criticism.

    Legacy outlets are now reporting on the Biden family’s corruption, a story only conservative media touched on until recently. The coverage may take another turn for the worse for Biden as Harris seeks to distance herself from t he administration’s record with the help of the press corps, which is now loyal to her, not her boss.

    If the economy were as healthy as the president would have you believe, Harris would not need to flee from Bidenomics as if it was Genghis Khan’s Golden Horde. Inflation has cooled in recent months, but if the Federal Reserve cuts interest rates next month, that trend could reverse in short order. Cumulative inflation under the Biden-Harris regime has been devastating to the middle class. Food costs are up 21.6% since Biden took office, and rent and electricity costs are up 22% and 31.7% respectively. A Monmouth poll from late June found that 46% of people in the United States are struggling to maintain their current financial status.

    “Even with a declining inflation rate, prices continue to be much higher than they were four years ago,” Patrick Murray, director of the Monmouth University Polling Institute, told the Hill. “That’s the metric that has really mattered to many Americans over the past two years. Economic concerns may not be the top motivating factor for all voters, but it defines the contours of this year’s election.”

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    If Biden’s “soft landing” were real, 73% of people polled wouldn’t rank “strengthening the economy” as the top priority for the president and Congress.

    It is unclear if the press can shield Harris from scrutiny over her role in the floundering economy or if Republicans can attach Harris, who cast the tiebreaking vote on the Inflation Reduction Act that sent prices through the roof, to her own record. But one thing is clear: There is no soft landing coming. The U.S. will be dealing with the consequences of destructive Biden-Harris economic policies for years to come.

    Brady Leonard ( @bradyleonard ) is a musician, political strategist, and host of The No Gimmicks Podcast.

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    Charles Turner
    08-17
    I think they call that a froth, at least that's what they were calling the housing crisis before it crashed and burned ( the taxpayers).
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