Posted on 05/03/2021 9:12:34 AM PDT by JV3MRC
A top economist sounded the alarm on the damage President Joe Biden’s Marxist plans will inflict on the economy.
Economist and University of Maryland Professor Emeritus Peter Morici penned a fiery op-ed headlined, “Biden's woke economics will lead to disaster.” In the piece, Morici argued that “Mr. Biden doesn’t just want guardrails on markets — limits on bank risk taking, regulations to police discrimination and subsidies to reshape health care.” Morici decried how Biden is trying to arbitrarily “reprogram American capitalism and culture to address alleged sexism, structural racism and climate change.” Morici didn’t hold back: “Economic policy has become a playpen for the woke Gestapo.”
(Excerpt) Read more at newsbusters.org ...
‘Biden’s Woke Economics Will Lead to Disaster’
It’s a feature, not a bug.
Look out when Joe runs out of rag paper to print money
Morici is, of course, right about the disastrousness of the policies. However, he’s wrong to assert that these are “Biden’s policies” or Biden is doing this or that or Biden thinks this or that. Dementia Joe is a mere puppet. He ain’t thinking or doing a damned thing other than reading the teleprompters or notecards that his handlers put in front of him.
It’s far cheaper to make money out of bits than paper.
It’s Obama III, of course.
Exactly right. Joe MUST do what his handlers tell him to do or he “will get in trouble.” Biden’s own words.
‘Biden’s Woke Economics Will Lead to Disaster’
It’s a feature, not a bug.
Yup
He’s also another worshiper of the free trade idol...
Sorry Charlie — no sale here... The efficient marketplace simply leads to screwed over workers and dependence upon foreign nations with their own agendas for vital goods and services.
We’ve seen the effects of free trade, dr. dude. Let’s give Smart Trade a couple of decades and see what we got then...
“...Economist Predicts ‘Biden’s Woke Economics Will Lead to Disaster’...”
Seriously??
Where was this guy during the campaign? NOW he speaks up?
Yup. When the federal do-not-work checks stop coming, and industry puts demerits on skill levels not used over time, those that sat by their mailbox are really going to have a rough time.
Pompeo let slip a while back that the federal governnment is thinking of ITS OWN DIGITAL CURRENCY. That means that everybody with a butter cookie can of dollar bills will be messed up.
All this spending comes from where?
Which nation is our major creditor?
How much realty does that nation own in the CONUS?
bmp
Biden’s woke, we’re broke.
Just an observation but was in Wal-Mart this morning checking out pool supplies. There was probably 1/4 the normal amount of chemicals. Lots of empty shelf space. Two workers were chatting and mention the short supply of pool supplies.
Venezuela is beginning to feel like a best case.
But to destroy the policies we must personalize it, make it personal.
cloward piven or alinsky? doesnt matter we are screwed either way.
btw inflation is on the way. gee, wonder what that will do to interest rates?
There were about 1000 of us that worked in Dallas and 3 other sites during the last bank crisis. From 2008-2014, we handled the resolution of nearly 500 banks. Lather, rinse, repeat.
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