Tag: joe-biden

The Obama/Biden/Harris Economic Model: Spend Trillions, Borrow Trillions, Hire Gov’t Workers (Hand Our Grandchildren The HUGE Bill)

There have been to significant jumps in the Federal Debt. The first coming after the financial crisis of 2008 and election of Obama/Biden in 2008. The second with the outbreak of Covid in 2020 and the election of Biden/Harris in 2021.

The Federal (public) debt was just over $10 million when Obama/Biden were elected and it now stands at a staggering $35.7 trillion. That represents over a tripling of the Federal debt under Obama/Biden/Harris. So when asked what she would do diffeerent than Biden, Harris replied “Nothing comes to mind.” That means MORE spending, MORE debt and MORE unproductive Government jobs.

Here is a chart of public debt and GDP under the triumvirate of Obama, Biden and Harris. No, not Julius Caesar, Pompey, and Crassus). But it is feeling like the Roman Empire prior to its collapse.

Here is a chart of government jobs and government expenditures. Great for government workers, bad for everyone else.

Of course, SOMEBODY has to pay the growing gov’t debt burden. Rest assured it won’t be Obama/Biden/Harris.

Here is Obama holding court.

JOLT’IN Joe! US Job Openings Almost Exclusively Government Jobs (Productive Private Sector Jobs Barely Grow At 2.8% While Unproductive Government Jobs Grow 20%)

No, Joe Biden isn’t Joltin’ Joe Di Maggio (the Yankee Clipper). Joe Biden is a Socialist who loves government and hates free markets. I feel like Biden and his junta are emuilating the old Soviet Union and Communism. Those of us who still love free markets are back on the chain gang.

After two months of sharp declines in the number of job openings, moments ago Biden’s highly politicized Department of Labor reported that in May, the number of job openings unexpectedly spiked by a whopping 221K, to 8.140 million – far above the 7.950 million estimate – from a downward revised April print of 7.919 million, down 140K from the original print of 8.059 million.

Job revisions aside, there was only a 2.8% increase in private sector job openings in May. On the other hand, nonproductive job openings (aka, government) were up a staggering 20% in May.

C’mon man, hiring government workers doesn’t grow the economy in an organic way. Just a Soviet way.

Soviet Joe and the new Eva Peron. Don’t cry for Jill Biden, she is a half-wit acting like a Queen.