Since Biden Inherited The Trump Boom, The Whole Economy’s Gone Bust
Now that the easy-growth environment of the post-Covid era is well behind us, Biden — and the country — face a terrible economic reckoning.
Dave Rubin calls RFK Jr. “the last sane Democrat,” and for good reason – the guy tends to make a lot of sense.
In a recent interview, RFK Jr. explained to Tucker Carlson why the poor feel abandoned and downright hated by the Democratic Party – the party that once was sympathetic toward them.
“To fund these wars … they print money, and that means inflation, and that’s a tax on the poor,” he explains. “The price of food has gone up 38% – the price of basic foodstuff, chicken, eggs, and milk have gone up 78%.”
While most suffer to some degree, the poor are hit the hardest.
“On March 1 of this year … 30 million Americans got [the] phone call” telling them that their “food stamps were cut to $23 a month,” he continues, adding that “that’s the same month we ratcheted up our contributions to the Ukraine at $113 billion.”
Further, “the Fed printed $300 billion unanticipated dollars to pay for the failure of the Silicon Valley Bank … and we began cutting 15 million people from the welfare roll; since then 4 million have been cut.”
“There’s no money for poor Americans,” RFK Jr. tells Tucker, whose face reveals deep concern.
Granted that “the average wage in this country is $5,000 less and the cost of basic goods – food, transportation, and housing” has skyrocketed, it’s no wonder “half of Americans are making up that gap by putting it on their credit [cards].”
“This week we pass $1.1 trillion in credit card debt – that’s the first time in history.”
Then there are the people who “are choosing between food and gasoline, food and medicine.”
But it wasn’t always this way; times have changed, and certainly not for the better.
“When I grew up, my uncle was president, my father was in the Democratic Party, [which] was with people who were poor,” RFK Jr. reflects, “and today, 70% of the wealth in this country is owned by the Democratic Party and only 30% by the Republican party.”
This “shift in wealth … maybe is one of the reasons that Democrats do not seem to be talking to or working for people any more.”
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A judge in Multnomah County, Oregon, ruled that Portland City Commissioner Jo Ann Hardesty — who earns more than $127,000 annually — must pay a credit card company more than $16,000 in overdue debts and fees after she failed to appear in court, KPTV-TV reported.
The far-left official has been a controversial figure in city politics. Having joined the bleating chorus calling for defunding police in 2020 — and specifically saying Portland cops should be pulled from 911 calls that don't involve crimes — Hardesty called 911 on a Lyft driver for canceling her ride late that year. Afterward she blamed her fear of "white supremacists" for her actions, despite residing in a far-left mecca.
Circuit Judge Judith Matarazzo issued default orders earlier this month on the heels of lawsuits Bank of America filed in November, KPTV said. Hardesty defaulted on two credit card accounts, the station said, citing documents.
In the first case, Matarazzo on March 21 approved a $4,900 lien against Hardesty, KPTV said, adding that an $11,700 penalty followed in a second case three days later.
The station said documents show neither Hardesty nor a legal representative appeared in court over the matter.
KPTV added that Portland budget filings show Hardesty made a six-figure salary over the last three years as an elected commissioner; the 2022-23 city budget shows Hardesty will make $127,712 this year.
In a matter allegedly related to Hardesty's defund-the-police push, in December she sued the police union, its former president, and an officer for $5 million after being falsely linked to a hit-and-run crash, KPTV said in a separate story.
A motorist in March 2021 told police Hardesty hit her vehicle, and the suit claims then-Portland Police Association President Brian Hunzenker leaked the false allegation to other city employees and the media, the station said, adding that Hunzenker later resigned. The suit also claims Officer Kerri Ottoman spread the allegation to a political action committee, KPTV said.
Hardesty was ruled out as a suspect the day after the crash, the station reported, adding that police earlier this year called their actions a misunderstanding.
However, Hardesty’s attorney said the leaks were motivated by the commissioner’s race and her opposition to police practices, KPTV said.
(H/T: The Police Tribune)