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Is Joe Biden's admin destroying America? The Serious You: How Current Events Affect You
Started 4/18/22 by WALTER784; 116148 views.
Staff
From: WALTER784
3/8/23
BIDEN ECONOMY THE WORST: Inflation on the Rebound – PPI Rises More than Expected
By Joe Hoft
Feb. 16, 2023 9:15 am
The Producer Price Index rebounded in January which was more than expected to start 2023.
Two days ago, on Valentine’s Day, the consumer price index increased further than analysts had predicted. The CPI increased to 6.5%. This is over the prior year. The increase in prices since Biden took office is much higher.
This is why every American sees that their dollars are not going as far as they did when President Trump was in office. Under President Trump, the annual rate of inflation was flat at 1%. It wasn’t an issue.
Since Biden took over, the average American family is financially “stressed, strained and broken”.
Great Deals On “Salon-Quality” Bathrobes And “Wear All Day” MySlippers (Up To $100 Off)
This morning the PPI numbers for January were released and they are also higher than expected. CNBC reported this morning:
Inflation rebounded in January at the wholesale level, as producer prices rose more than expected to start the year, the Labor Department reported Thursday.
The producer price index, a measure of what raw goods fetch on the open market, rose 0.7% for the month, the biggest increase since June. Economists surveyed by Dow Jones had been looking for an increase of 0.4% after a decline of 0.2% in December.
Excluding food and energy, core PPI increased 0.5%, compared to expectations for a 0.3% increase. Core excluding trade services increased 0.6%, against the 0.2% estimate.
Rick Santelli points out that inflation is hot no matter how you look at it.
When a clown is put in power, expect a clown show. Americans don’t think it’s funny.
FWIW
Staff
From: WALTER784
3/8/23
Note: This is regardless of who wins 2024..
U.S. Projected to Add $22 Trillion in New Debt Over Next 10 Years
President Joe Biden delivers the State of the Union address to a joint session of Congress at the Capitol, Tuesday, Feb. 7, 2023, in Washington. (AP Photo/Jacquelyn Martin, Pool)AP Photo/Jacquelyn Martin
JOHN CARNEY
16 Feb 2023
The U.S. is on a path to nearly double federal debt over the next decade, the Congressional Budget Office said on Wednesday.
The nonpartisan office updated its Budget and Economic Outlook for the decade ahead, projecting that the federal budget deficit will average around $2 trillion each year over the next 10 years. By 2033, the total debt of the federal government held by the public will rise by $22.1 trillion from $24.3 trillion last year to $46.4 trillion, according to the CBO.
“The deficit amounts to 5.3 percent of gross domestic product (GDP) in 2023, swells to 6.1 percent of GDP in 2024 and 2025, and then declines in the two years that follow. After 2027, deficits increase again, reaching 6.9 percent of GDP in 2033—a level exceeded only five times since 1946,” the CBO said in the report.
This year the deficit is expected to be $1.4 trillion. In 2033, the CBO projects a $2.7 trillion budget deficit.
“The debt trajectory is unsustainable,” CBO director Phillip Swagel told journalists at a press conference after the report’s afternoon release, according to the Associated Press. The CBO can’t tell Congress what to do, he said, “but at some point, something has to give — whether it’s on spending or revenue.”
In CBO’s projections, we are embarking on a new era of big government spending and taxes. Spending and revenues measured as a percentage of GDP equal or exceed their 50-year averages through 2033. Spending increases from 23.7 percent of GDP this year, a high level by historical standards, to 24.9 percent in 2033. According to the CBO, this increase is driven largely by rising interest costs and greater spending on programs the provide benefits to elderly people.
The CBO sees revenues amounting to 18.3 percent of GDP in 2023. The office projects that they will decline over the next two years before increasing after 2025, when certain provisions of the 2017 Trump tax reforms are set to expire. Revenues are then seen as roughly stable after 2027, totaling 18.1 percent of GDP in 2033.
The federal government’s debt is projected to rise in relation to the size of the economy each year, reaching 118 percent of GDP by 2033—which would be the highest level ever recorded. The CBO pointedc out that debt would continue to grow in the years that follow if current laws generally remained unchanged.
U.S. Projected to Add $22 Trillion in New Debt Over Next 10 Years (breitbart.com)
FWIW
Staff
From: WALTER784
3/11/23
END OF AMERICAN SOVEREIGNTY: Biden Regime Negotiates “Legally Binding” Deal To Give Chinese-Backed World Health Organization Full Authority Over US Pandemic Policies – No Senate Approval Needed
By Cullen Linebarger
Feb. 19, 2023 7:32 pm
The Biden Regime never fails to orchestrate an avenue to circumvent the U.S. Constitution and betray the American people. A bombshell report from the Epoch Times Saturday reveals the Regime is about to surrender America’s sovereignty to the World Health Organization (WHO) and give them full control over future pandemic policy.
The Gateway Pundit has reported extensively on these negotiations between the Regime and the WHO over the past year.
TGP’s Alicia Powe, for example, exclusively revealed that Biden’s Health and Human Service Department secretly submitted proposed amendments, “Strengthen WHO preparedness for and response to health emergencies,” to the WHO to reform International Health Regulations of 2005, an existing health treaty.
The amendments delegate the international body of unelected bureaucrats more authority to define what constitutes a pandemic, when a pandemic is in progress, how long a pandemic lasts and how “to prevent, detect and respond to future public health emergencies of international concern,” ultimately delegating the WHO total authority over emergency operations in the U.S. during a “public health emergency.”
Support Gateway Pundit by using promo code TGP at MyPillow.com -- and get up to 80% off!
TGP’s Julian Conradson also reported there is a plan for a mandatory, universal digital passport and ID system.
The WHO’s Intergovernmental Negotiating Body (INB) has scheduled a meeting for Feb. 27 so members can work out the final terms and sign.
Once America officially signs on to this agreement, we will be completely at the mercy of the globalist organization which helped the Chinese Communist Party (CCP) cover up the original COVID-19 outbreak in Wuhan.
Negotiations between Biden Health and Human Services Secretary Xavier Becerra and WHO head Tedros Adhanom Ghebreyesus spawned what is called a “zero draft” of a pandemic treaty. The draft was published on Feb. 1 and now needs ratification from all 194 WHO member states.
The zero draft gives the WHO the power to declare and manage a global pandemic emergency. Once a health emergency is declared every signatory, including the United States, must submit to the authority of the WHO. This includes caving to them on treatments, lockdowns and vaccine mandates along with government surveillance.
Link to draft:
WHO Zero Draft
Thanks to the CCP and the WHO, the virus went on spread across the world and kill millions of innocent people. Over one million Americans alone have died from COVID.
Even more chillingly, the Biden regime does not feel they need to submit this agreement for Senate approval because they are not calling it an official treaty despite it having the full force of one. Common sense tells us this is an unconstitutional maneuver but the Obama regime skated by on the original Iran Deal using similar legal reasoning.
Counting on the federal courts to save us may prove foolhardy as well, despite them being somewhat right-leaning. The Epoch Times reminds us there are Supreme Court cases where previous administrations have prevailed in similar circumstances.
The first is the State of Missouri v. Holland, where the Supreme Court ruled that treaties supersede state laws. The second decision, United States v. Belmont, ruled that executive agreements without Senate consent can be legally binding, with the force of treaties.
We also have Supreme Court Justices nominated by Republicans who are not reliably conservative. We cannot count their willingness to break precedent and uphold the Constitution.
The Biden administration is preparing to sign up the United States to a “legally binding” accord with the World Health Organization (WHO) that would give this Geneva-based UN subsidiary the authority to dictate America’s policies during a pandemic.
Despite widespread criticism of the WHO’s response to the COVID pandemic, U.S. Health and Human Services (HHS) Secretary Xavier Becerra joined with WHO Director-General Tedros Adhanom Ghebreyesus in
...[Message truncated]
From: don5328
3/11/23
If it is an Executive Agreement then a subsequent President should be able to easily rescind it. An agreement of this sort should never happen in the first place.
Host
From: Showtalk
3/11/23
Yes, we desperately need a common sense president who can walk this garbage back.
Staff
From: WALTER784
3/11/23
don5328 said...
If it is an Executive Agreement then a subsequent President should be able to easily rescind it. An agreement of this sort should never happen in the first place.
Yes, but until that next POTUS rescinds it, Congress cannot do anything about it.
FWIW
Staff
From: WALTER784
3/12/23
Send your own faxes and letters to your Congress Representatives or use the services offered in the link at the bottom:
Stop Globalists’ Power Grab Over America
Say “NO” to One-World Government
Dear Legislator,
I am deeply concerned about the effort to create international “Vaccine Passports and any efforts to push the “Pandemic Treaty” by the World Health Organization’s Intergovernmental Negotiating Body. This will consolidate massive amounts of power in a global body that will take away the sovereignty of the United States over critical decisions. This will directly shrink the individual freedom of Americans and place control into the hands of unelected, unaccountable foreign dictators. This is unacceptable.
WHO has come under investigation for corruption scandals and lies. WHO has been too closely tied and/or influenced by Communist China. This has become especially apparent during the COVID pandemic.
At the same time, there has been significant outcry from voters across America against digital vaccine credentials (Vaccine Passports) and other government efforts to trace and track law-abiding citizens. In March 2022, WHO launched its global push for Vaccine Passports to restrict and control the movement and freedom of people.
Already more than 20 states have taken steps to limit or completely ban the use of Vaccine Passports or proof of vaccination. This freedom needs to be protected nationally.
I urge you to do everything in your power to oppose any treaty, instrument or agreement that would give WHO global authority over the United States or any other sovereign country.
Sincerely,
(Your Name)
Send faxes to stop WHO's power grab over America! - Liberty Counsel Action (lcaction.org)
FWIW
Staff
From: WALTER784
3/13/23
The Next Revolution With Steve Hilton 3/12/23 | BREAKING FOX NEWS March 12, 2023
FWIW
Staff
From: WALTER784
3/13/23
Sunday Night in America With Trey Gowdy 3/12/23 | BREAKING FOX NEWS March 12, 2023
FWIW
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