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Illinois Entrepreneur's avatar

I always like your writing, but this feels like one of your recent bests.

When referring to the President, we tend to make it about the President. I'm not trying to sound stupid, but pointing out that almost all of the policy and actions have been researched, poll tested and fine tuned by everyone but the President. People with other ideological agendas, most probably Far Left.

I read a WSJ article today that says that the White House has two factions -- one is Biden's inner circle, who have been around longer than the rest of the secondary staff, which are probably all young Millennials and wide eyed activists. It appears that the "staff" is proposing many things, while the "inner circle" seems to be rejecting them. Or, perhaps the staff is proposing too many ineffective solutions that the Far Left likes, but that aren't true economic solutions.

I don't know who is winning the policy war over there, but it's not Biden (he wouldn't know what to do), and it's probably not anyone with a brain that has a grip on economics. This was the same problem with Obama, in that they had no private sector experience.

It always amazes me that you need a license to practice everything else, but any political idiot can make any very harmful move to the economy once in the White House or Congress. Did these people study classical economics? Do they understand what they are doing, or is everything just a poll tested, thin veneer of a policy with no substance?

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TIMOTHY B FAVERO's avatar

Jamie Dimon recently said that oil could go to $175 bbl and natural gas is at $9.52 per thousand cubic feet, up from $1.52 in January 2020. Biden killed energy independence and like someone who has no bills to, no gas to purchase, no food to purchase is oblivious to any of the pain going on in the country. He is just as bad as Obama when it comes to optics and we need the House and Senate in November---which will be next January 2023.

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