Babbling Biden! The US Budget Deficit Remains Higher Than Before Covid (Biden Lying … Again) Lagarde Trusts in US Common Sense to Avert Catastrophic Default

confoundedinterest17 #bubble, #inflation, #wine, @MetreSteven @JeffSnider_AIP @DiMartinoBooth @bondstrategist @RaoulGMI @LukeGromen @dlacalle_IA @EconguyRosie @profplum99 @SantiagoAuFund @biancoresearch @pboockvar @SriKGlobal, CDS, CRE, Credit, Currency, ECB, Economy, Fed, GDP, Germany, Gold, Mortgage, Pension, Powell, REITs, Retail, Silver, Taylor Rule, Treasuries, Treasury, Uncategorized, VIX, Volatility, Yellen, Yield Curve May 21, 2023May 21, 2023 1 Minute

Joe Biden is the worst public speaker of any President in history. Here is “Babbling Biden” lying about the great reduction in Federal budget deficit.

First, Biden didn’t “balance the budget” liked he claimed at Hiroshima. In fact, the Federal budget deficit, while improving, is still worse than it was before the 2020 Covid economic shutdown.

Biden, Schumer and Yellen are ignoring the $187 TRILLION in UNFUNDED entitlements promised America, even though Biden keeps threatening to halt Social Security payments if Biden and Yellen default on the debt. No discussion of the runaway train of entitlemennts.

I love this Bloomberg headline: “(ECB’s) Lagarde Trusts in US Common Sense to Avert Catastrophic Default.” Has Lagarde actually talked to Biden, Harris or Yellen? America’s REAL 3 Stooges??

Here is a video of Joe Biden tackling the debt ceiling.