Saturday, August 6, 2022

No-mentum

The media is engaged in wishful liberal thinking again. They are writing articles about the Democrats having "momentum" and Biden recovering and maybe even pulling things out. Good luck. We got these articles too as Biden was cratering. Yay, the Democrats turned the corner... they "reset" things... Smoosh. Wishful thinking. Same thing now.

The first thing the media is trumpeting is the "passage" of various Democratic bills. Wrong.   First, none have actually passed yet, so let's wait and see if they actually do. Secondly, why would any of this help the Democrats when nothing else they passed did? Remember the infrastructure bill? No one else does. People don't even know it passed and don't give any credit for it doing so. Remember gun control? Did nothing, and Biden kept falling even after that. Black chick on the Supreme Court? Yawn. What was her name again? Nothing they have done has resonated because none of it helps people or alleviates their concerns. It's games for elites. So now they pass some change to the tax code which will affect only a few thousand companies (assuming they don't plan around it) and we're supposed to care? Fat chance.

The show votes don't help either. In fact, when the Dems tried and failed to protect abortion, they didn't get cheers, they got jeers = "why didn't you do this before?" Uh.

Secondly, the economy. Biden's claim we're not in recession was endlessly mocked and undercut all those who tried to back it. Now they are trumpeting a job growth number as miraculous. July produced 528,000 jobs! OMG! See! No recession! People will drop to their knees and worship Biden now. Only, (1) summer job numbers are always high because of a vast number of seasonal jobs, so those aren't real jobs... they vanish before the election, (2) they are missing the fact a huge number of people are getting second jobs to cover Bidenflation, (3) February saw 700,000 new jobs and yet Biden was getting blasted for a bad economy; why would now be different? Bidenflation is worse. And (4) for as much as Biden claims this is some sort of economic miracle, we aren't even back to pre-Pandemic numbers. NPR proudly claimed that with July we have recovered exactly the amount of jobs we lost during the recession. Huh. First, doesn't that contradict the idea that we are in a strong growth period if all we've achieved is getting back to normal... net zero from 2019? Secondly, don't forget there are three million more people here now, so even getting to zero is not really getting to zero. We're still around 1.5 million short for that. Third, NPR is lying. At the end of 2019, there were 158 million jobs in the US. After Biden's July miracle, there are 151 million. That's 7 million below zero. People know this too. They see their job situation and they don't feel like the future is boundless.

Third, inflation is getting worse. We just saw another spurt this month. Eggs are $1.27 a dozen right? Nope. They were $2.70 in June and were $4.27 a dozen this week. Lots of other things are jumping too. I get these dark chocolate bars for health reasons (they taste terrible). They are $1.50 a piece on sale.... or, were. This week they went on sale for $3.00. On sale. Thanks Joe. Coke, McDonalds, Unilever and others all announced price hikes at the end of July. Basically, everything you buy just took a jump up. People feel that pain and, as long as they do, no claim about more jobs being around will matter.

But gas is down, right? Sure to about an 80% increase from where it was before Joe got his policies started. So "down" is still nearly double of normal. And the only reason it's down is (1) we are in a recession and demand is down, (2) tax chicanery and release of the strategic reserve oil, and (3) nothing moves in straight lines. This last is the most important. Things go up or down for a while and then turn around and do a 20% retreat before taking off again. It's the human cycle. The stock market calls it a false recovery or a "dead cat bounce." It's a retrenchment before the next surge is all. 20% is about 80 cents, so look for it to start up again after hitting around $3.20... right before the election.

Fourth, Biden killed an Arab. Yay. Except, that would be an Arab no one could name, few remembered, who had been declared dead before, and who was killed in Kabul (assuming it's him) where he wasn't supposed to be according to Biden. So Biden's Kabul disaster is worse than believed. And how does this help people who can't afford eggs anyways? Oh, and right after Biden did this, Pelosi went to Taiwan and set off a Chinese Tantrum that is dominating foreign policy news and made everyone forget whatshisname.

Biden will get a small bump in the polls because it's summer and people care less and won't be as vocal and because he hit bottom already and he is due his dead cat bounce. But none of it's real. None.

11 comments:

  1. Jed here …. While I agree, I worry a little about mid-terms. Rasmussen had the generic lead down to 3 points. Now normally we are behind in generic, but Rasmussen is not as liberal buased as mist and it shoes tightening

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  2. I also worry about cheating again. If R’s are not fully prepared in swing states, beware ballot harvesting. I still wish we would run DeSantis. Dems will hate him, but there are R’s who dislike Trump to the point of not voting for him which is tantamount to voting for the opposition

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  3. Hi Jed. Having watched the polls this past year and listened to people all around me, I think Biden is finished. His lows have been shockingly consistent. Even the things that normally get a bump just because Democrats know to sell them haven't gotten him the bump.

    Not to mention, the "accomplishments" they are pointing too are missing the very things that people are worried about. There was another sentiment statement today which said people saw the economy as bad as 2008. That's doomsday... especially as nothing they are doing will help.

    There will be a temporary dead cat bounce bump up, especially as gas prices appear to be falling, but it will crash again. He's doomed.

    That said...

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  4. That said, I don't know about the midterms. The Democrats have shot themselves in the head and can do nothing to help themselves. The only people who can help them are the GOP, and they are doing the best they can to do that. Between Trump and abortion and picking lunatic candidates (plus a few surprises still to come from the Supremes), the GOP is working hard to keep the Democrats in power.

    We'll see though.

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  5. They do have a habit of grasping defeat from the jaws of victory, don’t they Andrew. At first, I was really concerned if the abortion issue would rally the Dems. Then, I thought, no, it really only effects a very small percentage of women. But, a lot of women just see it as losing a right. It just gives Dems an opportunity to lay claim to being champions of women’s “rights” Let’s face it, it really comes down to how an individual feels about when does life legally begin.

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  6. Speaking of Pelosi and Taiwan, I wonder if Pelosi did this in collusion with the Chinese. Sounds crazy, I know, but it makes it seem like Democrats care about Taiwan. Except we were never going to risk a war with China anyway. They may like that they have blackmail leverage over Joe, but are probably realistic he can’t win in 2024. They still feel they would rather deal with a spineless foreign policy party like the Dems, so they appear to back down a little from the shoot down her plane rhetoric in the hopes the D’Souza will gain a little election help.

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  7. That is still me btw …. Jed

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  8. Hey Andrew and Jed, good points in both the article and the comments.

    Have you both read about the FBI raid on Mar-A-Lago? This just comes off as a political witch hunt on Trump IMO. Even if they did find any classified info, I’m not going to care. The FBI let Hillary off the hook. Why the hell should Trump be held accountable? To be frank I would not believe anything coming out of the FBI at this point. They have tarnished their record.

    Also, this FBI raid just so happened to occur within a few days of the 1/6 hearings collapsing. This just seems like political BS to me. Honestly it seems like the FBI has been weaponized to go after the Dems political opponents. I’ve never seen anything like this in my lifetime.

    What do you all think about this?

    -Kyle

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  9. Hi Jed, To the public, this just became a huge issue. It doesn't just affect women who've had an abortion or are planning an abortion either, and that's the thing the GOP does not understand.

    First, it affects those women for sure, plus any young woman who thinks she might need an abortion or any parent who fears their daughter might need one for some reason... like rape.

    Now it gets trickier...

    The idea of banning it for women who have been raped or subject to incest is viscerally sickening to most people. Those people will respond by wanting anyone advocating that to lose, even if they would never consider an abortion personally.

    Also, re-opening abortion offends people who wanted the issue settled. Those people will respond by opposing the people who reopened it.

    Moreover, the way they handled this raised huge red alarms about freedom, especially with Thomas talking about reconsidering gay rights and idiots all over the country talking about contraception generally. That scares the hell out of lots of people, even those who view abortion itself as murder, and they will now fight to reverse this.

    Make no mistake, this has become a huge issue, even for people who never cared about abortion, and it is an issue where even self-identified prolife people will vote to reverse it.

    The good new is that this is unlikely to affect November because there's no direct line between a vote for a Republican or Democrat for Congress and abortion this time. But after that, all bets are off.

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  10. I'll write about China soon. I think they are scared and this is all for show.

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  11. Kyle, I don't honestly know what they are looking for yet, so it's hard to tell what this is. That said, it does reek of a witch hunt and the FBI has lost a lot of credibility over the years for being susceptible to politics.

    I'm waiting to see.

    Unfortunately, I think this will rescue Trump.

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