Biden's TRUEth Deficit

Biden continues to be delusional with respect to his impact on deficits.  Claiming large cuts is intellectually dishonest.  Deficits under Biden are GROWING much faster than under Obama or Trump (excluding the emergency spending to cover the Pandemic.) 

And his claims regarding his plans such as the Inflation Reduction Act continue to blow yup in his face as initial claims of reduction rapidly grow to out of control spending and deficits.

 

https://twitter.com/moxlosllc/status/1656091994702086146?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

Hmmmmm

Actions speak louder than words. 

And interesting for the President to make such a comment when: A) he claims he’s never talked to his son about his business dealings; and B), when his son is under active investigation by the Justice Department. 

https://twitter.com/moxlosllc/status/1656065914742222852?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

J&J > Pfizer?

A new analysis published in Cell shows that the adenovirus vector vaccine made by J&J, and some others might have been better than the Pfizer, mRNA vaccine. 

Both were developed under Operation Warp Speed under Trump. 

One was favored and pushed by Biden.

https://www.cell.com/iscience/pdf/S2589-0042(23)00810-6.pdf

https://twitter.com/moxlosllc/status/1655940293575987200?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

Finally (hopefully)

Despite heroic brave efforts, Ukraine continues to be destroyed by Russia who invaded their country. They invaded in 2014 with no resistance from Biden and Obama. They continued their invasion in 2022 with Biden stingily, providing limited but increasing numbers and capabilities of weapons overtime.

Ukraine needs and has continually ask for longer range  artillery. To date the US has refused to provide such. 

As has been typical, it appears, the UK may be leading the way. Biden? Not so much.

https://twitter.com/moxlosllc/status/1655935661940310016?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

Unbiased?

 

https://nypost.com/2023/05/08/white-house-bans-new-york-post-from-biden-event-as-hunter-indictment-looms/amp/

https://twitter.com/moxlosllc/status/1655931458769539079?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

Actions have consequences

If society tolerates mentally unwell individuals behaving threateningly in public, individuals will be injured,

then individuals will feel threatened by mentally unwell individuals behaving threateningly in public, 

then individuals will act in defense of others or themselves,

And then there will be accidental deaths. 

Society should not tolerate mentally unwell individuals behaving threateningly in public. 

https://twitter.com/moxlosllc/status/1655745848817401856?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

People Still Not Working April 2023

 

https://twitter.com/moxlosllc/status/1654571644201910273?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

Biden Administration is Wack II

The U.S. mil­i­tary faces an un­prece­dented cri­sis of re­cruit­ment. Last year, for the first time in the 50-year his­tory of the all-vol­un­teer force, the ser­vices missed their re­cruit­ment goals. The Army fell 15,000 re­cruits short of its goal last year, in ad­di­tion to the 8,000 en­listed ser­vice mem­bers who were kicked out be­cause they didn’t com­ply with Pres­i­dent Biden’s vac­cine man­date. Re­ports show this year’s re­cruit­ing may be even worse, with four of the six mil­i­tary branches on track to miss their re­cruit­ment goals. 

The Biden Administration recently decided to use an enlisted, “non-binary” drag queen as a “poster boy” for recruitment.

What seems clear is that the US Armed Forces using such a person as a recruiting spokes person is likely to disenfranchise the young people, primarily men, that are willing to die to protect this country and unlikely to attract sufficient numbers of capable unhappy or confused individuals to replace those lost. 

99.98 % of humans are born with a testes and go on to develop into a typical male or with an ovary and go on to develop into a typical female. A small percentage of these may require surgical intervention or hormonal treatment to complete their development due to a congenital defect related to genes, hormones and/or biochemical processes that affects normal development. 

Only a tiny fraction of a percent (0.02%) of babies are born with a congenital defect related to genes, hormones and/or biochemical processes that result in atypical gonadal, genital or puberty development. In these rare cases treatment with puberty blockers, cross-sex hormones, and/or surgical interventions may be required to enable the typical development of an individual. 

Some people are not happy with their sex and choose to live their life as the opposite sex and may pursue various interventions (puberty blockers, cross-sex hormones, and/or surgical interventions)  to help them develop the desired external characteristics.

Some people are not happy with their sex and claim to be neither sex, both sexes, fluid between sexes and choose to live their life as whatever sexual identity they feel and may pursue various interventions (puberty blockers, cross-sex hormones, and/or surgical interventions)  to help them develop desired external characteristics.

But no interventions can convert a person of one sex into reproductively functional person of the other sex. 

At what point a person is mature enough to make a permanent life altering decision or what the mental health may be of a person that is so unhappy with their sex that they choose to live as the opposite sex or neither,  both,  or fluid sex is a topic of debate. 

https://twitter.com/moxlosllc/status/1654500593573019649?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

Biden Administration is Wack

Saint Francis Health System, the twelfth largest hospital in the nation, keeps a candle lit inside its hospital chapels, in accordance with its Catholic faith. The candle is encased in glass and covered on top and has been approved repeatedly by the local fire marshal. The chapel’s living flame was never a problem in decades’ worth of prior accreditation surveys. 

Recently  the Administration’s Centers for Medicare & Medicaid Services, the largest health care payer in the country,  decided  a single candle was dangerous and threatens to strip the hospital of the ability to accept Medicare, Medicaid, or  Children's Health Insurance Program if it does not extinguish the flame. This action would stop Saint Francis from being able to treat elderly and poor patients.

https://twitter.com/moxlosllc/status/1654500784917164037?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

Yutes!

(Yutes-in reference to My Cousin Vinny)

https://twitter.com/moxlosllc/status/1653391474271088642?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

Increase Min Wage Doesn’t Help

New large well designed study just released. 

1. We find that a 10 percent increase in the minimum wage is associated with a (statistically insignificant) 0.17 percent increase in the probability of longer-run poverty among all persons. [i.e. they find no effect]
2. We find that less than 10 percent of workers who would be affected by a newly proposed $15 federal minimum wage live in poor families. 

https://www.nber.org/papers/w31182

https://twitter.com/moxlosllc/status/1653380512130510858?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

Teachers Unions Hurt

On October 4, 2020, a large group of prestigious, world renowned experts in immunology, virology, medicine and public health prepared and published The Great Barrington Declaration. Their message:

1.  Grave concerns about the damaging educational, physical and mental health impacts of the prevailing COVID-19 policies including shut downs and school closings.

2. Highlighted these measures in will cause irreparable damage, with the underprivileged disproportionately harmed.

3. Espoused alternative of greatly improved focused protection of older people and other high-risk groups.

This message was censored and resisted by the Biden Administration, Fauci and teachers unions assisted by main stream and social media.

Today we are learning just how badly these closings have affected society, especially disadvantaged children, and how much the administrative state and teachers unions participated in opposing and censoring this alternative. 

https://twitter.com/moxlosllc/status/1653210449783947264?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

Biden thinks money grows on trees

The US government will be providing funds in either a direct or indirect bailout of First Republic bank. The funds needed eventually come from taxpayers. Why does Biden say taxpayers are not on the hook?  

Federal Deposit Insurance Agency estimating the cost to be about $13 billion. 

https://twitter.com/moxlosllc/status/1653175286563852289?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

Health Care Market Broken

The most recent data on national health care expenditures shows that in 2021 the Government controls ~64% of spending including the subsidy of tax free employer provided health insurance.

The market is inefficient and distorted due to opaque pricing, cost shifting from government to private insured and uninsured, and tax free subsidy for employer health insurance.

Improvements would be:

1. Health care products and service providers free to charge what ever price they want, BUT they can only charge one price and not allow cost shifting.
2. Employer provide health insurance taxed as income to minimize over consumption.
3. Catastrophic (major medical) insurance based on large risk pools available to all who participate (can't buy at last minute) subsidized based on need. 
4. Non-Catastrophic (minor medical) insurance with copays and deductibles based on large risk pools available to all who participate (can't buy at last minute) subsidized based on need. 

https://twitter.com/moxlosllc/status/1653174966190219266?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

 

We're All Paying More

 

https://twitter.com/moxlosllc/status/1652372449634263041?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

Transitioning: Not Social Justice

Adults can do what they want, BUT KIDS?

Gender affirming care is treating a person of one sex to allow that person to live as the opposite sex and consists of a series of treatments starting with puberty blockers, frequently followed with cross sex hormones and ultimately concluding with surgical genital reconstruction and breast removal or augmentation. With the exception of short-term usage of puberty blockers, gender affirming care is permanent and life altering.

 Adolescents face a wide range of issues that can be a source of struggle including puberty, independence, impulsive behavior, body type, self-esteem, sexuality, friends, drugs, and education. Social Media may exacerbate these struggles. There has been an explosion of adolescents, primarily girls, questioning their gender.(1)

There is a debate as to what level of gender affirming care is appropriate.

The Biden Administration and Critical Social Justice proponents are advocating aggressive gender affirming care for adolescents.

Recently, countries in the EU, which had previously allowed open access to gender affirming care, have begun limiting it and prescribing mental health counseling because they have seen the results of studies, early and limited, that gender affirming care may cause more damage than it prevents.

Now we are seeing states starting to limit gender affirming care to the extremely rare cases where it is medically necessary.  See the Montana exceptions below which are typical of all of the states limiting gender affirming care.

(1)         treatment for a person born with a medically verifiable disorder of sex development, including:

1. a person born with external biological sex characteristics that are irresolvable ambiguous, including an individual born with 46 XX chromosomes with virilization, 46 XY chromosomes with under virilization, or having both ovarian and testicular tissue; and
2. a person whom a physician has otherwise diagnosed with a disorder of sexual development in which the physician has determined through genetic or biochemical testing that the person does not have normal sex chromosome structure, sex steroid hormone production, or sex steroid hormone action for a male or female; and

(2)         treatment of any infection, injury, disease, or disorder that has been caused or exacerbated by a [gender affirming] medical treatment listed in subsection (1)(a) or (1)(b), whether or not the medical treatment was performed in accordance with state and federal law and whether or not funding for the medical treatment is permissible under state and federal law.

 And, now we are seeing the Woke zealots claim that states are BANNING care of children.

 

(1)         Littman L (2018) Parent reports of adolescents and young adults perceived to show signs of a rapid onset of gender dysphoria. PLoS ONE 13(8): e0202330. https://doi.org/10.1371/journal.pone.0202330

https://www.england.nhs.uk/wp-content/uploads/2023/06/Interim-service-specification-for-Specialist-Gender-Incongruence-Services-for-Children-and-Young-People.pdf

https://pubmed.ncbi.nlm.nih.gov/34247956/

https://www.thefp.com/p/gender-affirming-care-dangerous-finland-doctor

https://twitter.com/moxlosllc/status/1666241577964957697?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

Ouch!

https://twitter.com/moxlosllc/status/1651962894622359552?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

Biden’s IRA a BUST

Joe Biden’s Inflation Reduction Act 

No meaningful affect on inflation (1)

No meaningful impact on climate (2)

Now we find it increases deficits $522 billion, not decrease as promise.

September 13, 2022  

Biden: “Inflation Reduction Act will reduce the deficit by 300 billion.” (Though not clear where he pulled that number from because the CBO scored the law with the $238 billion deficit reduction.)

April 27, 2023

The CBO has revised their estimate based on all the changes Biden administration is sneaking into the law. Golden Sachs has done an analysis. And the Penn Wharton Budget Model has provided their analysis. The spending of the IRA is revised from $285 billion to $1.045 TRILLION, an increase of $760 billion. (3)

Net Result

Deficit increase of $522 billion NOT the $238 billion decrease promised. 

https://twitter.com/moxlosllc/status/1651723241403056130?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

(1) https://budgetmodel.wharton.upenn.edu/issues/2022/8/12/senate-passed-inflation-reduction-act

(2) 

(3) https://budgetmodel.wharton.upenn.edu/estimates/2023/4/27/update-cost-climate-and-energy-inflation-reduction-act

Biden's Anemic Growth

I don't think Biden will be highlighting the anemic growth in First Quarter 2023 Real GDP

https://twitter.com/moxlosllc/status/1651678633717538816?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

Scary (and sad)

 Scary (and sad)

One is so old and so cognitively impaired he needs others to manage the questions he is asked and probably to spoon feed the answers to him.

The other seems to have a difficult time stringing together a coherent sentence.

This is being defended by claiming that the question on the card was not exactly the same as the one asked. While it is true that the words were different, it is UTTERLY FALSE that the underlying questions were not the same. 

Question on cheat sheet: "How are YOU squaring YOUR domestic priorities — like reshoring semiconductors manufacturing — with alliance-based foreign policy?" read the question in Biden's hand.

Question asked: "Your top economic priority has been to build up U.S. domestic manufacturing in competition with China, but your rules against expanding chip manufacturing in China is hurting South Korean companies that rely heavily on Beijing. Are you damaging a key ally in the competition with China to help your domestic politics ahead of the election?"

https://twitter.com/moxlosllc/status/1651701560303316993?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A