The legacy dinosaur media is at it again, ready to roll out their newest BIG LIE. The Left’s latest tactic is to control the narrative surrounding the economy, distorting reality to protect President Joe Biden’s legacy while simultaneously crafting a boogeyman named Donald Trump.
Although Biden has technically left office, the tentacles of his administration refuse to fade. The economy began to stumble around late 2021, which, by the age-old definition, signified a recession. However, the so-called “non-partisan” National Bureau of Economic Research decided to toss that definition right out the window, changing the rules on the fly. Suddenly, the Biden recession was rebranded as simply a “complicated situation,” thanks to their new and never-before-seen calculations.
In perfect unison, the White House jumped into the fray, introducing terms like “holistic understanding” when discussing the economy, conveniently ignoring the established facts. The mainstream media, always eager to bury unfavorable news, played their part flawlessly, allowing the narrative that no recession ever occurred to be sold to the public. Quite the magic trick, don’t you think?
If one looks at the numbers closely, it’s apparent that any faint growth during Biden’s era owes itself entirely to his sky-high budget deficits. 2020’s lockdown was a government-induced recession, and even now, the nation hasn’t truly recovered; it’s a case of dodging reality at nearly every turn. The staggering deficits should be well noted because they act like anchors dragging future growth down into the depths of despair. Yet, the spend-happy government, which sinks deeper into debt, acts like it’s celebrating economic prosperity. What a charade!
Private sector jobs and wage growth stagnated on Biden’s watch, overtaken by a deluge of government intervention. The party may have been lively for Biden’s well-connected supporters, but now, America is left with an unpleasant hangover, and some leftist pundits have even dared to label what’s looming as a “Trumpcession.” Should it reach a fever pitch, the media will surely conjure an even more dire moniker like “Trump Depression.” This isn’t too far-fetched considering the media’s history of exaggerating economic woes, much like the exaggerated economic claims made against George H.W. Bush during the 1992 election.
A deeper look reveals the stark reality: all the pretend prosperity over the past five years is built on shaky ground thanks to rampant deficits that will burden future generations. The economic mess is exacerbated by the avalanche of growth-choking regulations imposed by the Democrats during the 2021-2022 period. Meanwhile, consumer spending increasingly hinges on cheap imports from rival nations that wouldn’t think twice about undermining America.
Breaking free from the addiction to new debt promises to be a tough road ahead, laden with pain and political peril. Some so-called Republicans in Congress seem reluctant to confront the mess head-on. The long-overdue return to friendshoring must also confront the grim realities of tariffs. To echo the past, the last newly-elected president faced a similar economic landscape back in 1981 under Ronald Reagan. That era’s painful decisions eventually ripped the weight of inflation off the nation’s shoulders, paving the way for decades of substantial growth.
As the nation braces for a potential economic fallout, one thing remains crystal clear: what the media dubs the “Trumpcession” may very well be the ultimate consequence of four years of Biden’s antics. If history has taught us anything, it’s that the consequences of economic mismanagement linger and demand accountability.