Biden Boasts of His Plan that Caused Inflation and the Bank Crisis

Economics
#1

Neither Biden nor the White House tweeted at all this weekend about the collapse of Silicon Valley Bank, which sent fear throughout the economy.
Joe Biden spent the weekend tweeting about the American Rescue Plan — his $1.9 trillion spending plan that many economists blame for triggering the inflation that has led to the current banking crisis.
Biden posted no fewer than ten tweets about the American Rescue Plan, which passed two years ago, in March 2021. It was opposed by every single Republican in Congress because it seemed likely to cause inflation — which it did.

1 Like
#2

Yes, the “American Rescue Plan” - Socialism on Steroids! And the bank collapse was probably a feature, not a bug. Now he’s raising taxes, and the “ruling class” will get richer through bailouts.

1 Like
#3
2 Likes
#4

How to ensure the failure of a business:

“Silicon Valley Bank’s (SVB) 2022 Environmental, Social, and Governance (ESG) report listed ethnic, racial, and sexual hiring quotas in pursuit of its own stated ‘diversity, equity and inclusion’ goals.”

2 Likes
#5

Well, there you go - it’s a predictable consequence of leftist stupidity.

2 Likes
#6

And, another article on SVB’s woke investment system:

2 Likes
#7

Thanks, Jeanne, for the Just The News article link. Makes it clear how WOKE pieties were at the root of the policies that wrecked Silicon Valley Bank.

WOKENESS is a killing virus for business.

2 Likes