2022-06-05 Home Front: Politix
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There Is No Plan
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[Free Beacon] President Joe Biden is "rattled," according to NBC News, and "looking to regain voters’ confidence that he can provide the sure-handed leadership he promised during the campaign."
How? By trying to change the media narrative. On May 30, Biden published an op-ed in the Wall Street Journal that explained "My Plan for Fighting Inflation." The next day, Biden wrote a "guest essay" for the New York Times on "What America Will and Will Not Do in Ukraine."
Bad poll numbers and a collapsing domestic and international situation have excited the typically drowsy president into action. There’s a problem, though. The closer you read Biden’s op-eds, the less he has to say. This new, annoyed, engaged Biden may be a prolific writer and speaker. But he’s not an incisive one. He won’t admit that there is a connection between his ideology and America’s problems. He can’t decide between giving Ukraine the weapons necessary to defeat Russia or settling for a war of attrition.
Biden’s Journal op-ed is a masterclass in passing the buck. He doesn’t bring up his "plan for fighting inflation" until midway through his thousand-word piece. My inner college professor wanted to send the article back to him with suggestions for revision. Number one: Always move your best material to the top!
The plan itself is gauzy and thin. "The Federal Reserve has a primary responsibility to control inflation." You wouldn’t know that from listening to Progressives, including some of Biden’s nominees to the Federal Reserve, who argue that the Fed’s interest in price stability distracts it from promoting full employment, green energy, and diversity, equity, and inclusion. Now Biden wants the Fed to correct not only its mistakes, but his own. Let’s see if his faith in an independent central bank can stand the test of higher interest rates, higher unemployment, and lower incomes.
Parts two and three of Biden’s inflation plan are the remnants of his Build Back Better agenda: some clean energy and housing subsidies here, a few tax hikes there. He mentions his use of the Strategic Petroleum Reserve to lower gas prices, but not his appeals to Venezuela and OPEC to boost the oil supply. As for the obvious answers to America’s energy problems—a complete reversal of Biden’s hostility to oil and gas exploration and production, huge investments in nuclear power, and emergency efforts to increase refinery capacity—Biden has no words. His devotion to the environmental lobby and to green energy blinds him. If the Progressive Left rejects nuclear power, the "clean energy future" it desires won’t arrive.
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Posted by Besoeker 2022-06-05 03:06||
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