Sunday, July 3, 2022

Joe Biden, Economy on the Killing Floor

From atop Da Hill, a poll that says 71 percent don’t want Biden to run for reelection and Capt. Ed at Haut Hair takes notice Seven in ten Americans to Biden: Get out

And Joe Biden thought his job approval numbers look bad. They do, of course, but according to the latest Harvard CAPS/Harris poll, his re-elect numbers look worse. Seventy-one percent of respondents do not want Biden to run in 2024, leaving 29% — about nine points lower than his current RCP average — backing Biden’s re-election.

By golly, I think we found Biden’s floor. Maybe . . .

Paul Bedard at WaEx, White House Report Card: Zogby says Biden ‘in real trouble’

"To be down on the killing floor is to be feeling very depressed, according to guitar legend Hubert Sumlin, whose licks on Howlin’ Wolf’s legendary 1964 single “Killing Floor” are building blocks of electric blues guitar."

Rick Moran at PJ Media notes how David Axelrod Says the Really, Really Scary Part Out Loud "I mean, this is the lot that Biden finds himself in. There is this sense that things are kind of out of control and he’s not in command. And this lends to that.” And so does this video of Joe getting lost on stage. Joe Biden Looks Confused After Speech: "Which Way Am I Going?". I mean it could happen to anyone, but it happens to Joe in public a lot. It's not a good look. NYPo, Nervous Democrats pray for anyone but Kamala Harris as 2024 nominee

 'Bonchie' at Red State, New Hope and Cope Drops After Trump Announcement Is Teased. Althouse, "Trump] recently surprised some advisers by saying he might declare his candidacy on social media without warning even his own team..." "He "surprised some advisers by saying he might" surprise them. So much surprising. And it's all so predictable. Do you ever get tired of the tedium of surprise?" NBC hopes Trump’s ‘fear factor’ shows signs of waning as 2024 Republican hopefuls jockey, "Former appointees and allies of Trump test the waters for possible presidential bids by releasing ads and hitting early-voting states." Fine. 

NPR, These candidates lost badly, but now are claiming fraud, highlighting Republicans who refuse to concede but not Democrats. The Peacock whines about The Supreme Court case voting rights experts say could bring 'chaos' to elections "The high court agreed to take up a North Carolina redistricting case as Republicans seek to remove a major check on the power of partisans to reshape election rules." Mostly upsetting Democrats who want partisan hacks in black robes ruling for Democrats. Cited by Haut Hair, the NYT supports The perils of slow vote-counting and delayed election results Confusion makes elections ripe for fraud. 

Forbes writes U.S. Economy Shrank Worse-Than-Expected 1.6% Last Quarter As Recession Fears Grow. At Da Caller, There’s A Fat Red Flag That America Just Entered A Recession. "U.S. gross domestic product (GDP) growth in the second quarter of 2022 fell to -1% based on available data for the current measured quarter, the Atlanta Fed reported."  At Ace's Quick Hits
Earlier this week, I reported that that the Atlanta Fed GDP tracker had put the Q2 GDP "growth" at -1.0, meaning contraction. Which mean we're in two back to back quarters of negative "growth," which is the classic definition of recession.

Well, they've revised that. They've revised the Q2 figure down.Way down.

Tne Q2 GDP growth is now negative 2.1%.
Jeff Carter, Stocks Worst 6 Months in 50 Years. Sundance at CTH, Wall Street Advocates Begin Admitting Demand Side Economy is in Free Fall. "The demand side claim for the origin of inflation was always a ruse, a con, a complete farce intended to backstop the claim that inflation would be “transitory” once consumer spending moderated." Noah Smith, Disinflation begins, "Prices are starting to decelerate, but the cause isn't yet clear." Desmond Lachman at NYPo fears The Fed’s hawkish policies risk are making the economy’s doom loop worse. At Da Wire, Federal Reserve Chairman Says Fixing Inflation ‘Highly Likely To Involve Some Pain’ For The American People. It usually does. Seth Carpenter at the Financial Times (cited at Haut Hair) warns The path ahead on inflation isn't rosy   At Based Politics, Biden Caught in Massive Lie About Inflation (Again) 
“America is better positioned to lead the world than we ever have been,” Biden claimed at a global summit Thursday morning. “We have the strongest economy in the world, our inflation rates are lower than other nations in the world.” “Inflation is higher in almost every other country,” he later added. “We’re better positioned to deal with this than anyone.”
. . .
The latest data show that average US consumer prices rose an astounding 8.6% over the last year, the biggest surge recorded since 1981. This is devastating for American families. And, while inflation is happening around the world, it’s actually particularly bad in the US. . . .

At Red State Mike Miller wants you WATCH as Team Biden Stoops to New Low, Blames Unvaccinated Americans for Inflation. Da Caller notes how a Tweet From White House Comes Back To Bite Them In The A** One Year Later "The White House gleefully touted on July 1, 2021, that the “cost of a 4th of July cookout in 2021 is down $0.16 from last year.”" From Fox Business, As 4th of July fireworks costs explode, expect shorter displays. "Some July 4th fireworks displays may be cut down by two or three minutes, James Baxter told 'Fox and Friends First'" Insty, MAYBE YOU SHOULDN’T HAVE JOINED THE “CABAL” THAT INSTALLED HIM IN THE WHITE HOUSE, THEN: ‘One Of The Worst Downturns’: Mark Zuckerberg Blasts Biden’s Economy In Warning To Employees.

Breitbart reports on how WH’s National Economic Council Director Deese says Paying High Gas Prices ‘About the Future of the Liberal World Order’. Tristan Justice at Da Fed, Biden Regime Admits On Camera: Ushering In ‘Liberal World Order’ Is More Important Than Affordable Gas. At the Weasel Zippers, Biden: Americans Should Pay More For Gas To Protect Liberalism…. I'd like to believe he meant "classical liberalism", but I just can't give them that much credit. Insty, NO, IT’S ABOUT PUNISHING AMERICANS FOR BEING WEALTHY AND PRODUCTIVE AND ENJOYING IT: Biden Admin To Families Suffering High Gas Costs: ‘This Is About The Future Of The Liberal World Order.’

At Twitchy, Biden tells gas station owners to lower gas prices and ‘do it now’ because it’s ‘time of war and global peril’ and to help Democrats in the mid-terms. Sundance, Someone Controlling the Twitter Account of Joe Biden is Demanding Gas Stations Lower Prices, Because He Said So. Roll Call reports Gas price gouging focus of new ads backing House Democrats, "Issue ads call for Senate to take up anti-price gouging legislation" Funny how they didn't price gouge while Trump was President.

At CNS News, Rep. Ro Khanna Urges Biden to Increase Domestic Oil Production. At Breitbart, Joe Biden Insists He Will Not Beg Saudi Arabia to Produce More Oil. Ace, Biden Refuses to Ask Saudi Arabia to Produce More Oil; Biden Advisor Declares We Will Pay $5 For Gas For As Long As It Takes to Defend "The Liberal World Order" (AKA Ukraine) "Biden doesn't want to risk the Saudis refusing his request -- it would make him look even weaker -- so he's not even going to ask. $7 gas, here we come!" As I&I notes Americans Are ‘Collateral Damage’ In Dems’ Insane War On Energy

At Da College Fix, Nearly 9 in 10 recent student loan borrowers bet on Biden bailing them out. I don't think it will be that many but there will be some more.

Vicky Taft at PJ Media sees Another 'Cassidy Blasey Ford' Claim Appears Headed to the January 6 Committee Dumpster

The latest inconsistency may be the most serious one. Hutchinson may have misidentified a Trump Administration DOJ attorney — whose house was subsequently tossed, and all of whose electronics were confiscated by the Department of Justice. All while he was forced to stand outside in his pajamas. Oopsie!

Mike Davis, a D.C. attorney, former Supreme Court clerk, and leader of the Article III Project, says he believes the aide mistook “J Clark” in the White House logs for DOJ Assistant Attorney General Jeff Clark instead of Trump’s former campaign aide and White House public liaison, Justin Clark.

Stacey Matthews at LI reveals more 'hiding the J6 pickle'  Liz Cheney’s J6 Committee Show Trial Theatrics Are Further Exposed After ‘Concerning Messages’ Source Is Revealed. "“Cheney could have asked Hutchinson about [the messages] right then and there. But she instead chose to do the TV tease and leave everybody hanging.” – Byron York" Althouse, reads WaPoo, "Numerous people close to the committee’s work say the abrupt decision to go public with Hutchinson’s testimony, which surprised even some of its top aides..." "

I don't care whether "Trump was furious at being barred from proceeding to the Capitol." There's got to be more about what he believed would happen there. I'm stuck on the idea that what he wanted was a huge, attention-getting protest against resolving the election without more inquiry into whether the vote counts were accurate. If he had joined the crowd it would have been a stunning sight. But he didn't get his way. It was too dangerous. That he thought he could do it seems to be evidence that he was NOT picturing a violent scene. So what if he was "furious" that he didn't get to do his gigantic, historic photo-op?

Politico sides with Jan. 6 committee rallies around Hutchinson amid Trump World onslaught, "Several members of the panel say the former White House aide turned star witness isn't the one with credibility problems — it's her doubters." Or words to that effect. Lawfare, Cassidy Hutchinson’s Testimony Changed Our Minds About Indicting Donald Trump. I sincerely doubt that. AP prays Trump’s vulnerabilities for 2024 mount after new testimony

Jazz Shaw at Haut Hair laughs at  Politico's excuses for why Kavanaugh's would-be assassin didn't get much coverage. “potential violence and intimidation in Washington’s political world has stopped seeming quite so newsy.” Political violence, and the attempted murder of a Supreme Court Justice is just too mundane these days.  ABC reports Supreme Court marshal seeks to squash protests at justices' homes, "Supreme Court marshal Gail Curley is asking Maryland and Virginia officials to enforce state and local laws that prohibit picketing outside the homes of justices" since Merrick Garland won't enforce the federal ones. Fox, Maryland, Virginia govs respond to letter from Supreme Court marshal calling on them to protect justices. Kinda, sorta. 

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