Thread: President Joe Biden

Originally Posted by Samuel

True, though the horse race isn't only talked about in the final stretch — as it were.

The primaries start in May, as you many know.

It's the actual election that matters.

Biden doesn’t seem to be able to increase his ratings in some areas they are dismal.

Joe Biden on brink as US President's approval ratings hit new low | World | News | Express.co.uk

The Democrats’ agenda is on a collision course with reality | Washington Examiner

This came from a NYT columnist.


‘Worse Than A Lame Duck’: NYT Columnist Bret Stephens Torches Biden 2024 Ticket In Blistering Op-Ed | The Daily Caller

Originally Posted by RPETER65

This came from a NYT columnist.

It is an op-ed piece you blathering idiot, do you know what that is? The author...

Bret Stephens

Stephens is known for his neoconservative foreign policy opinions and for being part of the right-of-center opposition to Donald Trump, as well as for his climate change denial.

A neocon warmonger who is a science denier. His opinion is just more shit for a lemming like you to swallow.

Originally Posted by bsnub

It is an op-ed piece you blathering idiot, do you know what that is? The author...

Bret Stephens



A neocon warmonger who is a science denier. His opinion is just more shit for a lemming like you to swallow.

The problem is that repeater doesn't know what proper journalism is.

He thinks "Fair and Balanced" is when Fox News do a bit without politics in it, probably a "human interest" story about Lauren Boebert's dog or something.

Originally Posted by bsnub

It is an op-ed piece you blathering idiot, do you know what that is? The author...




A neocon warmonger who is a science denier. His opinion is just more shit for a lemming like you to swallow.

Yes I know very well what an op-ed is and this particular op-ed hits a lot of nails squarely on the head.

And then there is the fact that the senate parliamentarian shot down the Democrats plan to bring immigration changes into the BBB.

It just keeps getting better by the day.

Originally Posted by harrybarracuda

The problem is that repeater doesn't know what proper journalism is.

He thinks "Fair and Balanced" is when Fox News do a bit without politics in it, probably a "human interest" story about Lauren Boebert's dog or something.

It’s funny that REGURGITATOR, and Slimuel are eager to post their drivel on Biden, but on the topic of Republicans Lunacy, or The January 6th Commission…..


….. crickets…

Originally Posted by beachbound

Republicans Lunacy, or The January 6th Commission…..


….. crickets…

Because they are massive hypocrites.

Originally Posted by harrybarracuda

The problem is that repeater doesn't know what proper journalism is.

He thinks "Fair and Balanced" is when Fox News do a bit without politics in it, probably a "human interest" story about Lauren Boebert's dog or something.

Senator Joe Manchin's opposition to the Build Back Better Act prompted Goldman Sachs to swiftly dim its US economic outlook.The Wall Street firm told clients Sunday it no longer assumes President Joe Biden's signature legislation will get through the narrowly divided Congress, citing the West Virginia Democrat's announcement that he's a "no" on the $1.75 trillion bill.

"A failure to pass BBB has negative growth implications," Goldman Sachs economists, led by Jan Hatzius, said in the research report.

Citing the "apparent demise" of Build Back Better, Goldman Sachs now expects GDP to grow at an annualized pace of 2% in the first quarter, down from 3% previously.

The bank also trimmed its GDP forecasts for the second quarter to 3% (from 3.5% previously) and the third quarter to 2.75% (compared with 3% previously). It specifically pointed to the expiration of the child tax credit and the lack of the other new spending that had been anticipated.

Goldman Sachs (GS) reiterated that upcoming inflation reports are not likely to help swing the tide back in favor of Build Back Better. The consumer price index (CPI) rose in November by 6.8% from the year earlier, the biggest 12-month jump in 39 years.

"With headline CPI reaching as high as 7% in the next few months in our forecast before it begins to fall, the inflation concerns that Sen. Manchin and others have already expressed are likely to persist, making passage more difficult," Goldman Sachs economists wrote. "The omicron variant is also likely to shift political attention back to virus-related issues and away from long-term reforms."

The lowered chances that Build Back Better has "negative implications for near-term consumption" but will likely have some "offsetting positive effects" for financial markets, Goldman Sachs said.

Specifically, the chances of corporate tax hikes have faded — and those higher tax bills would have eaten into the bottom lines of S&P 500 companies. It's also a positive for biotech companies that would have been hit by $100 billion in price reductions in the Medicare program, Goldman Sachs said.

Still, Goldman Sachs said there is a chance that Congress passes a few smaller short-term provisions aimed at virus-related issues.

There is a lot of uncertainty over the fate of the expanded child tax credit that was a key part of Build Back Better and Goldman Sachs called this the "most important question for the near-term outlook."

While there is "some chance" that Congress extends the credit retroactively, Goldman Sachs said "the odds of this happening seem to be less than even at this point."

Goldman Sachs cuts US economic forecast after Joe Manchin rejects Build Back Better - CNN

Originally Posted by bsnub

Goldman Sachs now expects GDP to grow at an annualized pace of 2% in the first quarter, down from 3% previously.

This is a perfect example of one Manchin being beholden to special interest over the will of the people of his home state, and two the fact the GOP puts party over country. Dropping an entire percentage point off the GDP is massive.

Originally Posted by bsnub

It specifically pointed to the expiration of the child tax credit and the lack of the other new spending that had been anticipated.

This points out the lie that Manchin told when he said he is worried about the voters in West Virginia, as most of them support the child tax credit and are in fact dependent on it, as WV is one of the poorest states in the country.

Originally Posted by bsnub

Goldman Sachs cuts US economic forecast after Joe Manchin rejects Build Back Better

Originally Posted by bsnub

Specifically, the chances of corporate tax hikes have faded — and those higher tax bills would have eaten into the bottom lines of S&P 500 companies. It's also a positive for biotech companies that would have been hit by $100 billion in price reductions in the Medicare program, Goldman Sachs said.

That must come as a relief to the 10%. As usual the other 90% can eat cake if they can afford it.

Thd idea of trickle down just doesn't work

Originally Posted by malmomike77

Thd idea of trickle down just doesn't work

Trickle down is desirable by those who don't mind being peed on (trickled on) which is why such person is called a peon.

A political system set up by the people for the people, except its run by sentors funded by corporates who's sole purpose is to create wealth for the chosen few. A we've just seen a perfect example of how corporate corruption can derail a policy designed to benefit the people. Stinks really.

Next year will be even worse for Biden and the West.

President Biden has overseen a calamitous erosion of the West’s influence in 2021. The headwinds will only grow stronger in 2022

CON COUGHLIN
DEFENCE EDITOR
22 December 2021 • 9:30pm
Con Coughlin

For a year that was meant to mark a welcome revival in the fortunes of the Western alliance, 2021 has proved to be not so much a sorry disappointment as a disaster of potentially catastrophic proportions.

Joe Biden’s arrival in the Oval Office at the start of the year certainly raised expectations that his tenure would help to heal the rancorous divisions that characterised the transatlantic relationship under his predecessor, Donald Trump. Mr Biden said as much himself, promising in his inauguration address to “defend democracy”, a commitment which was followed, in his subsequent speech to the State Department, by a pledge to restore Washington’s leadership position on the world stage.

“America is back, diplomacy is back,” Mr Biden declared, adding that his administration would work toward “reclaiming our credibility and moral authority.” How hollow those words sound today. For, far from presiding over the restoration of Western hegemony in world affairs, Biden has instead overseen a calamitous erosion of the West’s ability to influence events, one that does not bode well for the survival of democratic rule in 2022.

If, as Mr Biden claims, he is serious about rebuilding relations with Europe, then why has he tolerated the diplomatic embarrassment of not having an American ambassador appointed to any of the major European capitals – including London – for almost the entire first year of his presidency? The US leader must certainly share much of the blame for the precipitous decline in Western influence, as his inherent weakness and indecision have been clear for all to see, not least by adversaries like China and Russia.

Beijing’s insatiable appetite for crushing its opponents, whether on the streets of Hong Kong or in the mosques of Xinjiang, will have been encouraged, for example, by Mr Biden’s reluctance to confront China’s rulers for their reckless behaviour throughout the pandemic, from silencing whistleblowers to restricting scientists’ access to information. If the US and its allies are not prepared to challenge Beijing on its role in a pandemic that has wreaked havoc throughout the global economy, then it is unlikely China is going to experience much serious opposition in its quest for world domination.

Russia is another country that, scenting weakness in Washington, has intensified its effort to cause maximum division and disruption in Europe. Mr Biden’s two-hour summit with Russian President Vladimir Putin in Geneva in June was supposed to persuade the Kremlin that the US was serious about fulfilling its global leadership role. Mr Putin was clearly not convinced, as his subsequent conduct has mainly consisted of holding Europe to ransom over its energy needs, fomenting a migrant crisis in Belarus and threatening an invasion of Ukraine.

Even now, with Moscow said to have in excess of 100,000 troops massed on Ukraine’s eastern border, there is a fair chance that Mr Biden will succumb to his desire to appease the Kremlin by ending any hope Kiev might still entertain of acquiring full Nato membership.

Such behaviour is, after all, only to be expected from someone who, just four months ago, abandoned an entire nation to the mercy of the Taliban and other chaotic bands of warlords by unilaterally terminating America’s two-decades-long commitment to the people of Afghanistan. The Nato effort in Afghanistan may have had its critics but, so long as Western forces were able to maintain a residual presence in this vital strategic location, it meant we were able to monitor the activities of Islamist terror groups, as well as those of rival powers like China and Iran.

Now, thanks to Mr Biden’s ill-considered withdrawal, the West no longer has the ability to track the activities of Islamist terror groups, while Afghanistan’s priceless mineral riches have been gifted to Beijing.

If the last bastion of the Biden administration’s credibility collapsed with the summer retreat from Kabul, the recent performance of Europe’s major powers provides scant cause for comfort either. Germany’s self-inflicted energy crisis has seen it preoccupied over whether it should deepen its dependence on Moscow by approving the Nord Stream 2 pipeline from the Baltic, while French President Emmanuel Macron has devoted much of the past year to pursuing a vengeful post-Brexit vendetta against his British neighbours.

As for Boris Johnson’s vision for Global Britain, any leadership role Britain may have aspired to has been consumed by domestic squabbles over suggestions Downing Street is more invested in partying than governing.

The absence of strong and effective leadership within the Western alliance should certainly be a serious cause for concern as we approach 2022, not least because it makes the Western powers a great deal more vulnerable to the malevolent designs of our foes. As General Sir Nick Carter, the former head of Britain’s Armed Forces, warned shortly before his retirement last month, one of the greatest risks of any escalation in tensions between the West and its adversaries is that a tragic miscalculation by either side could result in open warfare.

This is particularly true in Ukraine where, with Mr Putin maintaining his belligerent attitude towards the rest of Europe, one false move on the part of his forces could easily have tragic consequences.

Iran is another country whose appetite for brinkmanship poses a profound risk. Iran’s military has spent the past month conducting drills to test its air defences against the possibility of attack from Western forces over Tehran’s failure to negotiate a deal over its nuclear programme. But, as the accidental shooting down of a Ukrainian passenger jet in January 2020 demonstrates, Iranian missiles are not always accurate, and Western intelligence has picked up disturbing reports that, on at least two occasions, Iran’s air defences have mistakenly been fired at the wrong target.

From Beijing to Moscow, and from Tehran to Kabul, the world certainly has the potential to be a far more dangerous place in 2022 than it is today. The major concern, so far as the West is concerned, is that we badly lack the strong and united leadership that is needed to tackle the challenges that lie ahead.

Next year will be even worse for Biden and the West

This article is spot on about the demise of the Democratic Party


Democrats rush to their extinction - Washington Times