Are They Really That Dumb Or Do They Think We Are? President Biden (oh, let’s be real: his staffers) put out a tweet and a Washington Post article, both under his name, bragging that in his first four months in office, his American Rescue Plan and his vaccination strategy have “created” over 2 million jobs, far more than Reagan or Trump created in their first four months, and the economy is “growing” faster than any time in the past 40 years.
https://pjmedia.com/instapundit/454126/
Hoo-boy! Where to start?!
Well, first of all, let’s note that Reagan and Trump didn’t inherit a booming economy that was reopening after a pandemic lockdown. They inherited moribund economies created by the policies of, respectively, Jimmy Carter and Obama/Biden. So naturally, it took a while to get the rusty engine of job creation up and running again.
Secondly, at the risk of quoting Obama, “Joe, you didn’t build that!” The jobs now being “created” were actually created under Trump and are simply bouncing back. They only went away because states mostly run by Democrats managed to stretch “two weeks to flatten the curve” into a yearlong-plus forced economic shutdown.
Fortunately, they can’t keep that up any longer because of the vaccines (also created and distributed under Trump) that Biden is also taking credit for. In fact, the jobs might be coming back even faster if Biden’s American Rescue Plan weren’t paying people more to stay unemployed than to work. Many of those 2 million jobs Biden is taking credit for were only “created” because red states rescinded that policy, which Biden wants to continue until September and other Democrats want to continue to the end of time.
In short, Biden taking credit for “creating” those jobs is like someone demanding the “Lifeguard of the Year” award because he stopped holding someone head-down in the toilet.
Roger Kimball at the Spectator has more on this and other Biden Administration fantasies and illusions, and how the media will credulously cover them, all expressed most amusingly at the link:
https://spectatorworld.com/topic/joe-biden-summer-vacation-g7-europe-trip/
Permalink: https://www.mikehuckabee.com/2021/6/biden-s-economy
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