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“We're not going to be in a recession...My hope is we go from this rapid growth to a steady growth...I don't think we're going to see a recession." - Joe Biden words spoken on Monday July 26, 2022
Even some Democrats see it...see that the good times, economically speaking that is, are but a thing of the Trump administration's past. “Economic recovery,” which Biden and his propagandists in the liberal media keep bantering about, has proven to be not only a misnomer but an out-and-out lie for the economic prosperity seen under President Trump has now morphed, under Joe Biden, into a full blown economic disaster.
“Recession” it's called no matter that the Democrat powers that be keep trying to alter its definition. And it's here for the long stay not because it has to be, but because the Democrats need more folks looking to the federal government for help which translates into more folks pulling the “D” lever come November's midterm election. After all, few tend to bite the hand that feeds, clothes, and houses them. But hopefully this drastic downturn in our economy will prove the Democrats wrong for it's not just the lower and middle class being affected by the now “recession,” but also the upper class and the job creators. An equal opportunity government caused disaster looming large over us all.
And while folks have been forced to spend more on staples like groceries and gas at the pumps due to record high prices on foodstuffs and Biden's forced importing of oil, economic indicators show that overall consumer spending is now basically “flat.” And while the current 40-year high in inflation itself tends to mask the scale of what in reality is a dangerous across the board major economic slowdown, the Democrats still refuse to utter let alone accept the “r” word as today's reality, for they have calculatingly changed the very definition of “recession” to meet their party's...to meet Obama's...anti-capitalism, pro-socialism agenda.
But what actually constitutes a “recession” and how does “recession” affect consumer spending? First, a “recession” is simply a significant decline in economic activity that can last for as little as a few months or can last for years. In fact, history shows that recession tends to come in tandem when an energy crisis is at hand...as it is now. And with energy comprising 7% of our total GDP (gross domestic product), one can understand why economic experts agree that a “recession” happens when a nation’s economy experiences negative GDP growth for two consecutive fiscal quarters, unemployment levels rise, retail sales fall, along with manufacturing slowing and incomes declining for an extended period of time.
And dare not forget that both “inflation” and “deflation” plays into “recession” what with “inflation” being the overall upwards trend in prices over a given period of time, and with “deflation” being when prices steadily decline causing wages to “contract.” And this in turn depresses prices as both businesses and consumers simply stop spending which itself then undermines a nation's economy.
Basically, “inflation,” at times, can and does lead to “deflation” and visa-versa, what with central banks then being forced to try to control “inflation” by raising interest rates which, in turn, depresses economic activity even further. A vicious ongoing cycle of what is an unavoidable so-called “expansion and contraction” of a given nation's economy made worse when both “inflation” and “recession” go on at the same time. And for us here in the U.S. heaven forbid if the “recession” we're now in...thanks to Biden and crew...were to morph into an actual “depression”...a “depression” where the economic impact on our country will be even greater what with accompanying steep drops in our GDP and higher unemployment rates, thus allowing time itself to become the enemy in regards to an actual economic recovery. And dare not forget that if America was to enter a “depression” it most surely would spread worldwide.
And sadly, here I must say welcome to today's America where “We the People's” pocketbooks do run dry while high-paid politicians laugh all the way to the bank, and where talk of “depression” must now not be taken off the proverbial table...surely not as long as ILLEGALS keep bleeding America's monetary coffers dry.
So why do I even bring the issue of ILLEGALS into the “recession” mix? While many claim that immigrants... “legal” immigrants...lead to an increase in “innovation, education, and economic productivity”...which is certainly true...ILLEGALS as a whole not only take away much needed low level and entry level jobs from hurting American citizens, but they come here with their hands out for the Democrats promised “free stuff,” thus placing an added strain on our already hurting economy. And while reality shows that nothing is ever really “free,” the ever escalating amounts of monies now being spent on welfare and such for ILLEGALS is paramount, in my opinion, to the government's stealing our taxpayer dollars (in exchange for votes) at a time when many Americans truly are now living paycheck to paycheck.
And the actual ILLEGAL numbers do now speak for themselves for the Biden administration, to date, has allowed over two million ILLEGALS to enter our country, and if that's not bad enough, by the end of his term we will see six million ILLEGALS residing in our country which will allow today's “recession” to drag on even longer than it might normally have done. Simply, with the majority of Americans now monetarily hurting it should be Americans first and all others be damned.
And here's a possible nightmare scenario that could indeed happen if this “recession” were to linger on for an extended period of time. First, more jobs most surely would be lost leading unemployment numbers to rise which in turn makes it harder for one to find a job not only because more folks are out looking for work, but because companies and businesses, both large and small, will be forced to drastically cutback or even shutdown for without folks being able to purchase what businesses or a given company produces they cannot afford to keep their operations afloat. And if one is lucky enough to keep their job during what could be a prolonged “recession,” they face the likely scenario of seeing both their paychecks and their benefits being cut.
And don't think that those folks able to invest in the stock market won't be hurt as well for during a “recession” stocks, bonds, and real estate also visit the losing end as savings dwindle affecting many investors retirement plans as well as their monetary portfolios. Even worse, imagine what would happen if you couldn’t pay your monthly bills or make your mortgage or rent payment because you've lost your job...imagine both the reality and the ramifications of possibly not only actually losing your home but all your tangible assets as well. And know that “lenders” (read “banks” here) will also be affected thus forcing them to tighten their qualifications for mortgages...as in one would need either a better credit score, a larger down payment, or both in some cases...in order to receive a mortgage or even a car loan. Simply, all modes of general financing would be affected including monies needed for both new start-up businesses and businesses hurting as a direct cause of the “recession."
And we can thank the “tax and spend” Democrats and especially Joe Biden for the above stated possible scenario...a scenario that is on the brink of being the new norm for way too many Americans.
So what is the Democrats answer to now record high inflation caused solely by their out of control spending coupled with our economy officially having entered an actual “recession?” Their answer is as expected...to once again raise taxes no matter that over 90+ million American households say they are having a hard time meeting daily expenses; no matter that the bulk of the tax monies raised will be funneled into their Green New Deal nonsense which is but another name for the Democrats war on what was under President Trump, America's much heralded energy independence.
No matter it all for remember above all else that the Democrats...that Joe Biden himself...loves to blame Putin for all our economic woes when the truth is that they alone are masters of manipulation who want to control each and every aspect of “We the People's” lives ranging from the jobs we hold; to the cars we drive; to the food we eat and the groceries we buy; to how we power, heat, and cool our homes; to the medical treatment we receive or are not allowed (under ObamaCare) to receive; to what our children are taught in both public and private schools and universities; to the right to kill unborn babies, and so very much more...pronouns not excluded.
Simply do as the current powers that be tell us to do, believe their words as both scientific and gospel truth, think what they tell us to think or else pay the consequences in jobs lost, monies gone, and freedoms cast to the wind...and might I sadly add the Constitution be damned.
So what is the solution to the Democrats deliberately created economic woes? First, it's very important to remember that Republicans always support the pursuit of prosperity minus government interference; and that Republicans support both tax and regulation cuts for businesses, thus naturally allowing for more jobs to be created which, in turn, will increase overall economic growth; while Democrats erroneously believe that by reducing (self-perceived) income inequality economic growth will follow as will spending vs. saving as they buy into the Keynesian economic theory that government should always spend its way out of a “recession”..differences on par with day vs. night.
But to put it in quite simplistic terms, in order to end this “recession” and return to the prosperity we saw under President Trump, all Democrats need to be voted out of office not just this upcoming November 8th, but in 2024 as well for not to do so might just be our republics ultimate downfall where Obama's “fundamental change” sadly becomes America's new norm. Case closed.
Copyright © 2022 / Diane Sori / The Patriot Factor / All rights reserved.
RIGHT SIDE PATRIOTS...LIVE!
Monday, January 18, 2021
- President Abraham Lincoln, 16th President of the
United States
And Lincoln's ominous words sadly ring
true today what with Democrat leaders and their party ilk already having attacked President Donald J. Trump and his family on a
personal level even before he actually beat Hillary Clinton, and
have since day one tried their damnedest to undermine his presidency with lies and
innuendos the mainstream media gladly helped to perpetrate. And
know these attacks will continue on even after he leaves office as
House Speaker Nancy Pelosi has promised to get Trump impeached no
matter how long it takes. But if now President-elect Joe Biden really
wanted Americans to stand united as one, as he so often claims, he would
tell Pelosi and her House cronies to drop this impeachment nonsense
so he can “build back better”...his words not mine.
And here let's remember that U.S. economic growth actually hit 4.2% before the nasty little now politically weaponized virus from China invaded our shores and that Americans were far better off both economically and foreign policy wise under the leadership of Republican President Donald J. Trump than they ever will be under the leadership of Obama's ever so “temporary” puppet Joe Biden.
In fact, not only did President Trump
cut stifling business and corporate regulations which resulted in a
much lower corporate tax rate...which in turn brought foreign based
American companies back to the U.S...but that he also cut “We
the People's” personal taxes as well. Now on the other hand,
Biden's most irresponsible of economic plans would likely result
in companies fleeing back overseas... with increasing regulations being the catalyst coupled with up to four million jobs being lost...thus canceling out the four million jobs created under President
Trump which, by the way, resulted in the highest U.S. labor
participation rate ever recorded. But sadly, that participation
number will soon come crashing down as not only will Trump's
all-around tax cuts become but a fond memory, but Joe Biden also plans on
minimizing deductions and refunds relating to one's personal
taxes so be prepared to take home less pay week after
week after week.
Also becoming a fleeting memory is that under President Trump's economic plan not only did the stock market soar to its highest numbers ever, but America saw her lowest unemployment numbers in decades with black and other minorities seeing their lowest unemployment numbers as well...a numbers gain which, too, would be canceled out for why seek gainful employment when Biden's plan, with all it's freebies, handouts, and perks would actually take away people's incentive and desire to work. And when incentives are removed from any economic equation all one is left with is even more folks not just with their hands out freely taking all they can get, but folks actually beholding to the government for their very survival...an ever so dangerous parasitic relationship if ever there was one.
Welcome to socialism 101...welcome to what would now be President Joe Biden's “pork laden” version of Venezuela North.
And on the foreign policy front not only did foreign countries respect us and American exceptionalism once again after eight long years of the Obama/Biden administration not only catering and bowing down to our enemies but at the same time apologized for America, but our military presence from within countries seemingly locked in a cycle of endless wars was greatly downsized as President Trump started bringing our war-weary troops home. Now Biden, on the other hand, has publicly stated that he will keep American troops in Afghanistan while he's in office thus putting them in harms way in a country that most decidedly doesn't want us there. And while also successful in getting NATO members to start paying their fair share regarding global defense spending, President Trump rightfully moved our U.S. embassy to Israel's forever capital of Jerusalem much to the Democrat's chagrin. But his crowning foreign policy achievement was something many have long thought impossible as this brave man helped broker peace treaties between the Jewish State of Israel and her now “former” Arab enemies for which he's garnered at least two Nobel Peace Prize nominations.
And dare we forget President Trump removed us from both the Paris Climate Accord (as in the monstrosity of wasted taxpayer dollars by those kumbaya sorts who think they can control the “weather”) and from Obama's ever so dangerous Iranian nuclear deal (The Joint Comprehensive Plan of Action) that he and Biden were so proud of...both of which Biden says he'll sign us back onto. And then there's our southern border with Mexico now being more secure than ever with over 450 miles of new wall or improved fencing coupled with illegal crossing numbers taking a nosedive down, while Biden and those loyal to him want those walls actually being removed...but of course they do as it helps to garner more "illegal" Democrat party votes.
And all the good things cited above were done in but one term as President Donald J. Trump brought back not only pride in America herself but in American ingenuity and the aforementioned American exceptionalism, all of which can be seen in his “Warp Speed” medical program that got a COVID-19 vaccine to market in under a year. And what did the previous administration bring to our country that the new administration has pledged to continue on with but for America to be turned into a socialist nation. And that comes replete with so-called “identity politics” being the fuel thrown on the pyre of partisan driven hate courtesy of one former president's words and actions that were the catalyst for the violent renewal of self-perceived racism that for the most part no longer existed in our nation...contrary to what the BLM sorts say.
Also, let's not forget that “political correctness” will also stay the mandated order of the day under a Biden/Harris administration, with “political correctness” actually being what is in reality one-sided censorship morphed to the nth degree...censorship aided not only by the media but by the "thought police" known as Facebook, Twitter, and YouTube. And the “cancel culture” movement...an ignoble movement which started making waves by tearing down or defacing statues of America's heroes...foolishly still believes that removing a piece of stone and plaster will erase American history...will soon be dictating to us what exactly can become a part of our nation's history and what simply cannot. And know that “reparations” for folks who themselves were never slaves will now, under a Biden/Harris administration, become an integral part of our nation's newly partisan decided history...and it's simply payback Democrats owe for the still huge percentage of black votes garnered.
And firearm ownership will become our personal well kept secret for the all important Second Amendment...the very amendment our Founders and Framers wrote into the Constitution to assure a restraint was put on the power of the government to interfere in our personal lives...will most assuredly see the Democrats trying to place it on the ever proverbial chopping block. And whether the Democrats are or are not successful in taking away our guns remains to be seen but know that the old adage “behind every blade of grass” has now taken on new and ever critical meaning. But even if the Second Amendment does stand as is, know that "aggressive" gun control measures as well as implementation will become a law not unlike an athlete super-hyped up on steroids.
And while the picture of compare and contrast that I've painted with carefully chosen words seems bleak, especially with the House voting to impeach President Trump for a record second time...ensuring that he will remain at the center of partisan debate and political discourse long after he leaves office...the only saving grace, if you will, is that in the end I do fully believe that President Trump will not only have the last laugh but that history will be kind and herald not only his deep love of country but his many achievements done on behalf of "We the American People."
And I also believe that not too long from now President Donald J. Trump will be proven right about the election being stolen, and that many will be forced to pay the price for what they've done as history also does have a way of righting grievous wrongs. But until that time comes be prepared for yet another four, if not eight, long years of hell especially knowing that Joe Biden was never intended to be president for very long...he's just a place holder for Kamala Harris being Barack HUSSEIN Obama's defacto third term in office. And while this means that America might indeed have a long and hard road back to what are our constitutionally granted freedoms and rights, know that more times than not freedom's quest is indeed something worth fighting, and if need be, dying for. True patriots know this well...and to that I say “amen.”
Copyright © 2021 Diane Sori / The Patriot Factor / All rights reserved.
************************************************************************************* For more political commentary please visit my RIGHT SIDE PATRIOTS partner Craig Andresen's blog The National Patriot to read his latest article, In a State of Social War.
Tomorrow, Tuesday, January 19th, from 7 to 9pm EST, RIGHT SIDE PATRIOTS
Craig Andresen and Diane Sori discuss
'Compare and Contrast...The Present vs. The Future'; 'In a State of Social War'; and important news of the day.










