Biden's spending and economic dislocation caused by his polices continue to unsustainable grow the debt and set records for non-pandemic deficits.
December 12, 2023
The Rich are paying more
THE CBO released their annual report on the distribution of household income 2020. This includes all sources of income, taxes and transfers from government to households. The key points:
1. The richest pay a larger share of income by far
2. The rich are paying an increasing proportion of income
3. The ratio of national taxes paid to national income earned is increasing for the rich.
https://www.cbo.gov/system/files/2023-11/59509-household-income_2019-2020.pdf
Inflation
Bidenomics - We are all paying 17% for things than before Biden. And, no Joe, you are not lowering prices.
December 11, 2023
DEI - Bad for America
The foundation of neo-Marxism is that the world must be divided between the oppressed and the oppressors and that truth is not based on objective facts and logic but on the subjective feelings and harm perceived by the oppressed.
Neo-Marxism has been embraced by Democrats and cloaked with the seemingly harmless label of progressivism with a claimed foundation of DEI: diversity, equity and inclusion. But in reality it is diversity except of views, equity of outcomes, not opportunities and inclusion except of facts and logic. DEI insists that people be judged and treated differently based solely on certain arbitrary characteristics that are unrelated to their actual actions and behaviors. This is dangerous and bad for America. (2)(3)
Today only people of certain characteristics (the oppressed) including race, sex, sexual preference, gender identity, ethnicity, disability and obesity are recognized as deserving of preferences. Individuals without these arbitrary characteristics (the oppressors) are expected to stand aside and support the advancement and preferences given to others regardless of effort and merit.
DEI’s failure to recognize individual behaviors and merit results in discriminatory and unfair practices to groups.
DEI’s dismantling of the importance of personal agency is resulting in generations of individuals without resilience and responsibility.
Claudine Gay PhD, President of Harvard, is one example of the harm ofDEI. She believes and promulgates that the disparities in education, income and crime between blacks and whites are primarily due to slavery 150 years ago, discriminatory policies 60 years ago, and systematic racism today. A professor of African American Studies at Harvard, she became President of Harvard and promised to focus on amplify teaching and research on racial and ethnic inequality and the lived experiences of those she identifies as pushed to the margins.
Evidently she is unaware of the culture of a small segment of society that results is disproportionate percentages of fatherless homes, young unwed mothers, criminal behavior and poor educational performance.(1)
Today Harvard has fallen to the bottom of the ranking of Universities when looking at the diversity of views allowed on campuses.
December 8, 2023
Bidenomics - Jobs in Context
Say his name - Eric Harrison
December 6, 2023
December 3, 2023
December 1, 2023
November 30, 2023
Bidenomics - Not "Real" Good
Bidenomics - Not "Real" Good
While there was a good 3rd Quarter of economic growth, Real Quarterly GDP per capital growth under Biden still lower than Obama's or Trump's. And Real Personal Income growth under Biden is pathetic compared to Obama or Trump.
https://x.com/moxlosllc/status/1730388155491070391?s=46&t=Y4fVsDnz2q8uZ3VNKeco4APusillanimous Biden Policies Kill
November 29, 2023
Biden Climate Con
Fully delivering on the 1.5-degree Paris promise will cost a minimum of 4.5% of global GDP each year by midcentury and 5.5% by 2100 based on government implementation efficiently and at lowest possible costs. In reality costs will be much higher.
- Morris, J, Y-H Henry Chen, A Gurgel, J Reilly and A Sokolov [2023] Net zero emissions of greenhouse gases by 2050: Achievable and at what cost? Climate Change Economics, 14(4), 2340002. Google Scholar
- Riahi, K et al. [2022]
Mitigation pathways compatible with long-term goals . In IPCC, 2022: Climate Change 2022: Mitigation of Climate Change. Contribution of Working Group III to the Sixth Assessment Report of the Intergovernmental Panel on Climate Change, PR Shuklaet al.(eds.), Cambridge, UK: Cambridge University Press. Google Scholar - Shaw, D, Y-H Fu and Y-Q Chen [2023] East Asia climate club: Pathway toward 2050 net-zero. Climate Change Economics, 14(4), 2340005. Google Scholar
- Tol, RSJ [2023] Costs and benefits of the Paris climate targets. Climate Change Economics, 14(4), 2340003. Google Scholar
https://www.wsj.com/articles/net-zero-fails-the-cost-benefit-test-paris-climate-accord-cop28-748ae52d?st=39sqj8zhyburdl7&reflink=article_copyURL_share
https://x.com/moxlosllc/status/1731303205932265863?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A
Hidden cost of government
Rules made by federal agencies impose a cost that is hidden.
Federal rules and regulations including, but not limited to, “social justice”, education, manufacturing, transportation, energy exploration, environmental, hiring, employment, accounting, commerce, food, drug and agriculture are a significant cost on Americans.
And while some rules regulations are needed to keep markets free and competitive and to ensure safety and freedom, many of the rules and regulations are excessive and the reason that corporations spend billions “lobbying” politicians.
Even a blind pig…
Maybe prosecute crime
This refusal to take responsibility for one’s action/policies and instead blaming others is a direct result of the critical social justice approach, embraced by the neo-Marxist Democrats.
Chicago has a significant crime problem with high number of shootings and carjackings these days.
In a news conference on November 28, 2023, Chicago’s mayor, Brandon Johnson, blamed Republicans for the city’s problems. No mention of the neo-Marxist Democrat policies of sanctuary city, attracting immigrants and soft on crime prosecutors that are…soft on crime.
“Everyone knows that the right-wing extremism in this country has targeted Democratically-ran cities and quite frankly, they've been very intentional about going after Democratically-ran cities that are led by people of color.”
“It's the same right-wing extremism that refuses to accept the results of the Civil War.”
November 28, 2023
November 27, 2023
Biden’s Ukraine Dithering
So far so good - Not!
November 25, 2023
Tragic but Inevitable
Ineffectual
US President Joe Biden told Prime Minister Benjamin Netanyahu that the US will not aid any Israeli counterattack on Iran , US media report,...
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