AP Photo/Manuel Balce Ceneta
Joe Biden and Kamala Harris have bragged about their horrible economy. It was already bad with the inflation that they helped to cause, which was crushing Americans, and then they raised interest rates, which made things even tougher for the ordinary person.
But now, as things get worse with fears of recession, the markets are taking a dive around the world, as we reported earlier.
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"We have never been down 1,000+ points — EVER, not even intraday — on the Nasdaq."
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So, in typical Biden fashion of complete chaos, Biden's top economic advisor, Gene Sperling, picked now to give his notice. You couldn't pick more symbolic timing. That he's quitting in the middle of a crash is probably not a good sign, nor is his jumping ship likely to contribute to stability.
Biden tasked Sperling with the $1.9 trillion American Rescue Plan that helped to spark off the inflation, along with other duties.
How out of touch are Biden-Harris?
Biden referenced that in the statement he released on Sperling leaving, saying he was glad that he had picked Sperling and that he "helped me execute a rescue plan that has led to one of the most equitable and resilient economic recoveries ever."
How clueless is that? How's Bidenomics feeling right now, with the markets going belly up and inflation still raging? And Harris fully embraced it all, cackling away in the bargain. They refused to deal with the reality of inflation for a very long time, and she's still blaming the problems on "greedy corporations."
As Sperling is leaving the sinking ship, he's hopping aboard another one. He's going to join the Harris campaign to be an economic advisor for her. So if you're unhappy with the economy now, as most Americans are, you would get more of the same under Kamala Harris, if this is any indication. It also says a lot about Kamala's judgment, and none of it good.
I think reality is about to crush the "Kamala Honeymoon" that she was getting in the polls. She was getting an initial boost because she wasn't the decrepit Biden. The media was whipping her up as the Second Coming, glossing over the oversampling of Democrats in the polls. But the problem is that facts were bound to enter the room; her own problems were going to come to the fore eventually, and that wasn't going to help her. These fools are still in office, and it's going to be a rough ride until they are gone.
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