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Last month, President Biden rejected the argument that his administration’s policies had caused the runaway inflation now plaguing the economy. In general, holding a president accountable for economic setbacks is unfair. Inflation reflects an imbalance between supply and demand—excessively restricting the former or stimulating the latter will inevitably push prices higher—and it has many causes beyond the designs of any given president.
Consider Jimmy Carter, the contemporary standard for failed presidencies. Carter presided over an America ravaged by the First Great Inflation , but the domestic sources of that inflation preceded his term and foreign crises exceeded his abilities. Unfortunately for America, Biden’s failure is unique: He created the conditions for 8.5 percent inflation with a single policy.
One month after taking office, Biden outlined his foreign-policy agenda. Notably, Biden asserted that the dividing line between foreign and domestic policy had faded. Accordingly, Biden vowed to undertake a “foreign policy for the middle class” in which a domestic economic revival would provide the foundation for success abroad. In this two-part formulation were the seeds of the current crisis.
To achieve this revival, Biden embraced the 80-year-old tenets of New Deal liberal Keynesianism and proposed an economic-stimulus package for nearly $6 trillion in new government spending. The package comprised three major components: pandemic relief, infrastructure spending, and family-oriented programs.
This was ambitious but unnecessary, because the Trump administration had already passed relief legislation the year before. The 2020 CARES Act totaled $2.2 trillion, nearly 10 percent of the nation’s gross domestic product and the largest such stimulus package in American history. And it succeeded—the economy grew by an estimated 33 percent the next quarter.
Trump opposed additional spending later in the year and only yielded after faced with the prospect of his veto being overridden. In December 2020, Congress injected an additional $900 billion into […]
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Will America-First News Outlets Make it to 2023?
Things are looking grim for conservative and populist news sites.
There’s something happening behind the scenes at several popular conservative news outlets. 2021 was bad, but 2022 is proving to be disastrous for news sites that aren’t “playing ball” with the corporate media narrative. It’s being said that advertisers are cracking down, forcing some of the biggest ad networks like Google and Yahoo to pull their inventory from conservative outlets. This has had two major effects. First, it has cooled most conservative outlets from discussing “taboo” topics like Pandemic Panic Theater, voter fraud, or The Great Reset. Second, it has isolated those ad networks that aren’t playing ball.
Certain topics are anathema for most ad networks. Speaking out against vaccines or vaccine mandates is a certain path to being demonetized. Highlighting voter fraud in the 2020 and future elections is another instant advertising death penalty. Throw in truthful stories about climate change hysteria, Critical Race Theory, and the border crisis and it’s easy to understand how difficult it is for America-First news outlets to spread the facts, share conservative opinions, and still pay the bills.
Without naming names, I have been told of several news outlets who have been forced to either consolidate with larger organizations or who have backed down on covering certain topics out of fear of being “canceled” by the ad networks. I get it. This is a business for many of us and it’s not very profitable. Those of us who do this for a living are often barely squeaking by, so loss of additional revenue can often mean being forced to make cuts. That means not being able to cover the topics properly. Its a Catch-22: Tell the truth and lose the money necessary to keep telling the truth, or avoid the truth and make enough money to survive. Those who have chosen survival simply aren’t able to spread the truth properly.
We will never avoid the truth. The Lord will provide if it is His will. Our job is simply to share the facts, spread the Gospel, and educate as many Americans as possible while exposing the forces of evil.
To those who have the means, we ask that you please donate. We have options available now, but there is no telling when those options will cancel us. We have our GivingFuel page. There have been many who have been canceled by PayPal, but for now it’s still an option. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!
JD Rucker