As Joe Biden began his term, we watched with hope that he might become a great president. Seven months in, it appears he will not be great -- but instead might become one of the worst presidents we've had. Time and tide will tell, but at this point it doesn't appear he's headed in the right direction.
There's that infrastructure bill, with a trillion dollar debt, or however much comes with it. One wonders if Biden believes that to save the economy, all you need to do is spend. Print money, so to speak, and you will always have money.
Then, a week or so ago, we started pulling out of Afghanistan. The Taliban has swiftly swept across the land, capturing cities en masse, leading some to say this is one of the greatest military collapses in all of history.
And, now this: The Biden administration will be upping Food Stamp payments to the tune of being the largest increase in history. Again, is he falling into the trap of believing deficit spending is the best way to keep America's economy strong?
Inflation is rising. We wait to see what economic realities we must face in light of the Biden administration's moves.
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