On Saturday, Radio Iowa reported that economic growth has slowed in Iowa and in the Midwest during August. Hiring has dropped, and a new poll of supply managers found that 58.6% said their biggest concern was supply chain disruptions. Labor shortage was named by 24.1%, and inflation was named by 10.4%.
While gas prices have tapered off from recent all time highs, food prices are still too high, and inflation remains at above 6%, far too high. Confidence levels in 2022 are at the worst since the 2008-2009 recession, which is a worrying sign.
But instead of taking concrete steps to stop the supply chain disruptions, addressing inflation, and rallying the country behind a common purpose, Joe Biden shows by his own actions that he doesn’t care. He’s continuing to pursue his vendetta against Russia at the cost of Ukrainian lives, continuing to humor Speaker Nancy Pelosi and her vendetta against China, and he’s not doing one thing to address these issues. He’s printing the money to arm Taiwan and Ukraine instead of trying to repair critical infrastructure at home, and he’s expecting us not to notice. And then he wonders why nobody likes him.
But I suppose it’s a lot easier for politicians like Joe Biden to try and solve other countries’ problems than it is to solve our own here at home.
And if Nancy Pelosi gets her way and gets her war with China, then these supply chain disruptions will be much, much worse. Not that it matters to someone like her. People like Nancy Pelosi have gotten too powerful. That is why we need turn limits in this country.
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