Nine days ago, I wrote an article on Jerome Powell, Chairman of the Federal Reserve, arguing with Joe Biden about the ridiculous claim by the president that Russian President Vladimir Putin is to blame for the skyrocketing gas prices.
I hereby withhold any credit that I granted Powell in the preceding article.
Why is there such a sudden turnaround? In a recent interview, Powell said that the unvaccinated were responsible for the worst inflation in 40 years. Unvaccinated Americans are the main culprits of Bidenflation, according to Powell.
What went wrong? This was a result of looking at supply-side problems and thinking that they could be solved quickly.
That means that everyone would be vaccinated. This would allow millions of people who had dropped out of work to come back in and ensure that wages weren’t under pressure. This didn’t happen.
What about the seemingly endless lockdowns, and Biden’s incessant attempts to scare everyday Americans? Ridiculous stuff like the “winter of severe illnesses and death” jokes from your boss. Yeah.
Powell kept digging deeper. [Spoiler Alert: Putin is back.]
The shortages and bottlenecks are still a problem. This brings us to the new shock of war. We are sorry, it was not something we did wrong, it was in the models.
What was the point?
It was about how to evaluate the persistence of these supply-side surprises. It is possible to believe that they will be, but there is still a lot of work to improve our understanding of the supply side.
It was, however, a very deep-in-tail type of risk. These are difficult to predict and assess.
Incredible. Unwittingly, Powell admitted to his incompetence and that of his Fed team, as well as the incompetence of the entire Biden administration. Bravo, Mr. Secretary.
The @federalreserve’s Powell blames Americans not getting sufficiently vaccinated for his inflation crisis. pic.twitter.com/GmdJjrn2Hf
— Tom Elliott (@tomselliott) June 29, 2022
Powell did not acknowledge the fact that there was “a lot of work” going on within the Biden administration in order to deliberately destabilize America. This began with the Biden Border Crisis and Biden Energy Crisis, Bidenomics, and, of course, Bidenflation.
Okay, let’s get to the facts.
Yale University’s September 2021 study discovered instances where fully-vaccinated people who were infected with SARS-CoV-2 became especially vulnerable to the severe strain of the virus.
A study done in Vermont in November 2021 revealed that COVID cases rose in the state. Vermont is the most vaccinated state in America with 71.5 percent of its total population.
My favorite, as described in mid-June by my colleague: Tony Fauci. He is the Quadruple Vaxed, Double Mask Oracle of Nonsense and Has COVID.
For Team Biden, here are some more facts. Let’s call these inconvenient truths.
We reported in May that Federal Reserve economists discredited Biden’s alleged claim that “oil companies profiteering” was responsible for high gas prices.
As reported in March, CNN wasn’t buying Biden’s inflation excuse, namely, the absurd “Putin price rises” nonsense.
As reported in February, Jen Psaki, the then-White House press secretary, claimed incredulously that Biden’s Russia sanctions strategy had succeeded.
The bottom line
They think you’re stupid America.
Joe Biden’s far-left-wing handlers tried their best to destroy America, as we know it, from the first day of his presidency.
The White House and the entire Democrat Party are afraid as things continue to get worse -including the Biden Energy Crisis and Biden Border Crisis and Biden Supply Chain Crisis.
They are terrified of the midterm elections in which they will likely have their asses ripped off and, in the end, scared by an ignorant president who insists that he is running for reelection in 2024.
There’s something we can do about those anti-vaxxers before they destroy everything.