(RoyalPatriot.com )- In an interview with Fox Business last week, Texas Congressman Dan Crenshaw took some time out from slamming his fellow conservatives to slam President Biden over his failed economic policies.
Crenshaw blamed the failures on the Democrat-led lockdowns which causes disruptions in the supply chain and US production. Biden and the Democrats then made the situation worse, he explained, when they passed the so-called COVID “relief” spending bill that caused inflation to skyrocket by flooding the economy with cash and forcing demand to outstrip supply.
Crenshaw said Biden’s many failures are frustrating everyone. But it isn’t just Biden’s economic failures that are the source of frustration. It is also Biden’s other disasters like the bungled withdrawal from Afghanistan, the crisis at the Southern border, and his systematic destruction of US energy production.
There is no doubt that Democrat-led lockdowns have crippled any possible economic recovery. States that reacted to COVID-19 with overzealous mitigation policies are lagging in economic growth. New York State, which has consistently imposed the strictest lockdown rules ranks at the bottom for economic growth while South Dakota, a state that never locked down, currently ranks the highest.
When President Trump left office, the “V-shaped” recovery he mapped out post-lockdowns was in full swing. The economy was nearing full recovery. Then the Democrats rammed through the $1.9 trillion “American Rescue Plan” which derailed the V-shaped recovery and sent prices and inflation through the roof.
It didn’t help matters that the “American Rescue Plan” also included supplemental unemployment benefits that incentivized Americans to stay home and fueled a severe labor shortage.
Small businesses are being crushed while America’s energy sector is hobbled. From start to finish, Joe Biden has been an unmitigated disaster.
Meanwhile, Senate Majority Leader Chuck Schumer is still pushing forward on a vote to add trillions more in government spending with Biden’s ridiculous Build Back Better plan.
Despite all this economic damage inflicted on the American people in just one year, President Joe Biden inexplicably ended 2021 by boasting that he has ushered in “the strongest first-year economic track record of any president in the last 50 years.”
This man is detached from reality.