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Biden’s Latest Tactic: Appointing an Affordability Czar Amid Economic Woes

Treasury Secretary Scott Bessent has just dropped the latest buzzword in Washington: “affordability czar.” Yes, in the midst of skyrocketing prices and a struggling economy, the Biden administration has decided that appointing another bureaucrat to throw around fancy titles and create committees is the solution. Rather than simply addressing the issues plaguing everyday Americans, the government is diving headfirst into the deep end of government expansion.

While appearing on CBS’s “Face the Nation,” Bessent attempted to paint a picture of a proactive administration that is finally acknowledging the concerns of hard-working families. With prices rising on everything from groceries to gas, it’s almost laughable that they think a newly minted “czar” will magically fix the economy. This will likely go the same way as many other big government initiatives: with much fanfare and little to show for it.

Bessent hinted that the affordability czar will be in charge of identifying key areas to prioritize, as if adding another layer of bureaucracy will somehow illuminate the obvious—the economy isn’t just lagging; it’s suffering under poor policies. It’s hard to fathom how they expect this new czar to magically reverse four years of disastrous economic trends in just a few months. Pricing issues are as complex as they come, and simply pouring more government resources into the problem isn’t a silver bullet; it’s a surefire way to make everything worse.

It’s clear there is a disconnect between the folks in the Biden administration and reality. Polls suggest that a significant percentage of Americans attribute their financial struggles to the policies coming from Washington, yet Bessent appears unfazed. Perhaps he should pay more attention to the grocery carts of everyday Americans rather than engaging in policy speak and planning sessions. Numbers tell a story, and the story being told is one of hardship and discontent.

The concept of an affordability czar might be an entertaining headline, but it overlooks the simple fact that reducing government intervention and allowing for market-driven solutions would likely benefit consumers far more than any new title or committee could. Hopefully, voters will remember this bureaucratic folly as they fill their shopping carts and leave their wallets a little lighter.

Written by Staff Reports

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