Thursday, April 18, 2024

April, 2024, Part 3, By The Numbers: Biden Does Everything But Be President, Measles Makes a Comeback, Fentanyl Floods the Country, and More

 On a periodic basis we do some posts that fall under the theme of “by the numbers.” Rather than trust what the American politician tells us about reality, we like to examine the real numbers and the real reality in the world to understand what is actually going on. Relying on politicians, and their cohorts in the media, to tell us what is reality is always a sucker bet. They have their own agendas and goals, usually centering around their needs and self-enrichment. So we need to look at the reality of the numbers to determine what is really going on.

Previous analyses of “by the numbers” can be accessed by entering the phrase in the search box above. This is the third and final post this month where we look at the numbers to truly find out how good, not likely, or bad, most likely, the American political class is doing in managing our tax dollars, protecting our freedoms, and resolving major issues that affect all of us.


1)Inflation is raging, Israel and Iran are getting very close to an all out war, Russia and Ukraine are still fighting, crime is rampaging through the nation's liberal cities, and this is Biden’s number over a recent 9 day period:


  • 1 day working at the White House.

  • 3 days political campaigning.

  • 5 days vacationing in Delaware.


Obviously, the numbers point out his priorities and it does not include the safety and lives of Americans.


2)One of the biggest issues that Biden has inflicted on the nation is the unfettered entrance of over 8 million unvetted and unvaccinated  illegal immigrants into the country As a result, a disease that had been eliminated in this country about 25 years ago, measles, is making a comeback as a result of unvaccinated folks:


  • According to the CDC, in the first quarter of 2024, 97 cases of measles have been identified.

  • In the first three months of the previous four years, 2020 to 2023, 5 cases in total had been identified.

  • Thus, in the first quarter of 2024, the incidents of identified measles cases have grown almost 20 fold.

  • The 97 cases represent 29% of ALL measles cases  found from January 1, 2020 through March 28, 2024, 338 total  cases.

  • 68% of the cases over the past four years were found in unvaccinated victims.

  • 96% of the 338 cases come from people that have traveled  outside of the country.


Yes, the numbers are not (yet) catastrophic. But pandemics always start with low numbers. Another Biden failure.


3)One of the horrible side effects of Biden’s failed immigration policies is the flooding into the country of untold tons of illegal drugs. These drugs eventually end up on our streets and eventually kill thousands and thousands of Americans. One set of numbers from California illustrate how prevalent the drug supply has become:


  • According to California governor Gavin Newsom, a recent operation by the California Highway Patrol resulted in the seizing of a massive amount of the deadly drug, fentanyl, amount equal to about 9.6 million lethal doses.

  • Those 9.6 million doses could kill the entire population of 40 individual states.

  • Those 9.6 million doses could kill the TOTAL population of the ten least populated states in the country.

  • The operation also resulted in 6,044 citations, 496 arrests, and 15 guns being confiscated.


I dread to see what the final count of overdose deaths in the  country will be in 2023 when the numbers become available. I  would not be  surprised, given all of the fentanyl flooding over Biden’s borders, that the overall overdose death rate breaks 150,000, up from almost 108,000 in 2022.


4)We have always supported a concept laid  out in our book,  “Love My Country, Loathe My Government,” that the Federal government should not spend a penny of Federal tax dollars on any project that does not significantly affect the residents of at least five states. This simple rule would certainly curtail wasteful and local spending and would help get Washington's appetite for stupid and wasteful spending under control.


If a state needs a new road, let the taxpayers in that state pay for it, not have the taxpayers in 49 other states chip in. If a city needs a new opera hall, let the local  taxpayers pay for it, not the rest of the country.


Without that simple concept in place, the Federal  government continues to waste our taxpayer dollar on faraway and local projects:


  • Apparently under current Congressional  rules, every member of Congress can request funding for up to 15 local projects in their states and Congressional districts.

  • Thus, simple math says that every year at least 7,500 projects that should not be funded by the Federal taxpayer are actually funded by the Federal taxpayer.

  • $850,000 of Federal tax money is earmarked for a community center in  Minneapolis near where George Floyd died.

  • Under our rule, Minneapolis would pay for this community center if it wanted it, not the rest of us living outside of the city.

  • $1.7 million will be  spent for a “Green Tech Park”  in  New York to  “help marginalized communities in preparing for climate change’s adverse effects.”

  • $500,000 of Federal taxpayer wealth will be used to create an  oyster reef to “address long standing environmental justice inequities facing underrepresented communities in  Queens [New York],” whatever that gibberish means.

  • That same Congressional  district will get $1.2 million of Federal taxpayer money for the Muslim Women’s Community Center.

  • Keep in mind that while DC politicians are spending money on these useless projects, millions of Americans are still homeless, hungry, drug addicted, and in need of medical attention but hey, that oyster reef sounds like a great idea.


Again, if these local  communities need an oyster reef, a community center, etc. then they should pay for it. The Federal government and the Federal taxpayer should only be using Federal tax money for projects that affect wide swaths of Americans,  i.e. projects that affect people in more than  five states. 


Otherwise you may end up with almost $35 TRILLION in Federal  government debt. Oh yeah, we have almost $35 TRILLION in Federal government debt. But at least we will  have a new New York City oyster bed.


That will do it for today’s insanity: Biden does just about everything but be President, measles makes a comeback, fentanyl floods the country, and Washington politicians waste money on local, stupid projects.


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If you agree that we need to deseat every member of Congress for their lack of success and accomplishment, then please consider going to the following petition link to help the cause:


https://www.change.org/p/deseat-congress-reset-freedom



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Our book, "Love My Country, Loathe My Government - Fifty First Steps To Restoring Our Freedom And Destroying The American Political Class" is now available at:

Monday, April 15, 2024

April, 2024, By The Numbers, Part 2: Biden's Failed Economic Policies and Record Inflation and New York Is About To Tax Itself Out of Existence

 On a periodic basis we do some posts that fall under the theme of “by the numbers.” Rather than trust what the American politician tells us about reality, we like to examine the real numbers and the real reality in the world to understand what is actually going on. Relying on politicians, and their cohorts in the media, to tell us what is reality is always a sucker bet. They have their own agendas and goals, usually centering around their needs and self-enrichment. So we need to look at the reality of the numbers to determine what is really going on.


Previous analyses of “by the numbers” can be accessed by entering the phrase in the search box above. This is the third and final post this month where we look at the numbers to truly find out how good, not likely, or bad, most likely, the American political class is doing in managing our tax dollars, protecting our freedoms, and resolving major issues that affect all of us.


1)As we have  discussed so many times in this blog, Biden’s economic expertise and programs  have been an inflation disaster for every American. Nowhere does that reality hit home than in your local supermarket:


  • According to a Wall Street Journal analysis, grocery prices are almost 40% higher today than in 2019.

  • The actual  increase was a weighted average of 36.5% across all food categories.

  • Eggs cost 63% more than 2019 and sports drinks cost 80% more on average.

  • The vast majority of the five year inflation came from the past few years, i.e. the Biden years, with inflation jumping a whopping 10.2% from February, 2023 to February, 2024.


The cost of existing, i.e. taking nourishment, is getting more and more expensive and  difficult, thanks to Biden and the  economic idiots in Washington.


2)Getting away from food inflation, the overall inflation rate for everything continues to march upwards:


  • Consumer prices went up 3.5% in March, higher than expected.

  • A lot of the price increase was driven by higher costs of energy and shelter with the cost of shelter on average up a whopping 5.7% on a year over year basis.

  • Other drivers of the overall increase in inflation were gas, clothing, car repairs, and groceries.

  • Not unexpectedly, Biden refused to take responsibility for this insulting inflation, actually  blaming Republicans and business leaders’ greed, anyone but himself.


Keep in mind that inflation was well  under control when Trump was President and yet Biden blames everyone but himself. Insanity.


3)Let’s keep the inflation wagon rolling:


  • Gas prices across the country recently hit a six month high reaching an average cost of $3.60 a gallon.

  • This is more than a 50% increase since Biden took office.

  • The average price for gas when Biden took office was $2.38 a gallon.

  • The average price is up $.20 per gallon in the past month.

  • And even worse, Goldman Sachs thinks gas could hit $4.00 a gallon by May and some other “experts” claiming that $5.00 a gallon could be in our near term future.

  • Fortunately, most of us do not live in California where the average price is already a whopping $5.50 a gallon.


More expensive to travel, more expensive to eat,  more expensive to live, welcome to Biden’s economic dystopia.


4)We have often made the assertion that a state government or two will likely go bankrupt in the not too distant future. They have raised taxes so high that residents and businesses have started to  migrate out of these states, taking their tax  revenue with them, to find less onerous tax burdens for themselves, their families, and businesses. 


A number from a recent Wall Street Journal article shows why we think New York might be that state government to go bankrupt: “One reason why New York resorted to congestion pricing is it had squeezed the tax turnip dry. All in - federal, state, city, payroll tax surcharges - New York City’s top marginal rate exceeds 50%.


Think about it: in certain situations, a resident of New York could be sending over half of their income to some level of government. If that number does not disgust a freedom loving American then they do not know they are no longer free since personal freedom is impossible if one does not have economic freedom. And giving government bureaucrats and politicians half of your earnings is not economic freedom.


That will do it for today: Biden’s failed economic policies and the resultant inflation impacts all of us and  New York’s taxation fetish is out of control and will  eventually lead to the collapse of the state government's finances.


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If you agree that we need to deseat every member of Congress for their lack of success and accomplishment, then please consider going to the following petition link to help the cause:


https://www.change.org/p/deseat-congress-reset-freedom



**********************


Our book, "Love My Country, Loathe My Government - Fifty First Steps To Restoring Our Freedom And Destroying The American Political Class" is now available at:


Monday, April 8, 2024

April, 2024, By The Numbers: Taxing The Rich Is Still Stupid, High Taxes Mean Higher Unemployment, and Biden Kills The American Dream of Home Ownership

 On a periodic basis we do some posts that fall under the theme of “by the numbers.” Rather than trust what the American politician tells us about reality, we like to examine the real numbers and the real reality in the world to understand what is actually going on. Relying on politicians, and their cohorts in the media, to tell us what is reality is always a sucker bet. They have their own agendas and goals, usually centering around their needs and self-enrichment. So we need to look at the reality of the numbers to determine what is really going on.


Previous analyses of “by the numbers” can be accessed by entering the phrase in the search box above. This is the third and final post this month where we look at the numbers to truly find out how good, not likely, or bad, most likely, the American political class is doing in managing our tax dollars, protecting our freedoms, and resolving major issues that affect all of us. 


1)While  our country may be able to survive bad Presidents, bad Congress people, and a biased and corrupted free press, one thing that it may not survive is the mountains of debt that American politicians have piled up at all levels of government. At some point, the $34,000,000,000,000 worth of Federal government  national debt, a number that grows every second of every day, will crash our economy and our freedoms.


But those in Washington only occasionally pay attention to this ticking time bomb number and never do anything about it. Consider a set of numbers that shows how out of control the debt burden is and how stupid ideas like “taxing the rich” are just that, stupid ideas:


  • According to the latest analysis by Forbes, the combined wealth of every billionaire in the world is about $14.2 trillion.

  • To show you how out of control our national debt is, if we could somehow liquidate every asset of every billionaire in the world and magically apply the proceeds to our national debt, we would only be able to pay off about 41% of the Federal government’s debt.

  • But they would not give up their wealth freely so let’s say we only took 10% a year as a tax on wealth.

  • Then we would only pay off about 4% of our national debt.

  • But that number includes every billionaire and I doubt that billionaires in China and  England and elsewhere would hand over their billions of dollars in wealth to help pay down our national debt so that 41% number is way too high.

  • About 40% of the world’s billionaires, according to Forbes, live in this country so that 41% number would really be about 16% of the national  debt if all of America’s billionaires had all of their assets confiscated and applied to Washington's debt.

  • And we only took 10% then you are looking at paying down only about 1.6% of the  national debt.

  • In fact the  richest billionaire in the world is not an American, but Frenchman, Bernard Arnault, whose family conglomerate is worth $233 billion, or about .7% of our national debt.

  • Elon Musk is worth about $193 billion so confiscating his entire fortune would pay off less than the .7% that Arnault and his family would pay off.

  • Amazon founder, Jeff Bezos is worth about the same as Musk so taking all of his wealth would also pay off less than 1% of the national debt.


You get the idea: Washington politicians have  piled up so  much debt that even if you confiscated every asset of the billionaires living in the world, or in this country, you would not come close to paying off the debt. And thus, the reason why taxing the rich continues to be a stupid saying and strategy. 


The reality is that Americans are not taxed too lightly: politicians simply spend and waste too much.


2)Speaking of high taxes, it has always been our position that the higher the tax burden any government places on their citizens, the worse off the economy is of that government entity. Politicians and government bureaucrats never spend wealth more efficiently or more effectively than private citizens and companies.


Consider more proof our theory:


  • The latest state level unemployment rates are out.

  • We have often pointed out that some of the highest taxed states include California, New York, Illinois, and New Jersey, states that we believe are likely to be the most likely states to declare bankruptcy in the relatively near future.

  • And it turns out that these states have some of the highest state unemployment rates in the country with California (50th ranked worst unemployment rate), New Jersey (48th), Illinois (47th), and New York (43rd) following close behind with unemployment rates at their state level  being 4.4% or higher.

  • These are the same states that continue to lose population year over year as their citizens flee to other areas and states where the tax burden is not so onerous.


Bottom line: have high taxes, have high unemployment, have high taxes, lose citizens.


3)It is a fact that the cost of living has skyrocketed under the Biden Presidency. His economic policies have allowed inflation to run rampant, causing prices to rise on  just about everything we buy for our lives including eggs, gasoline, clothing, etc. And somehow his economic policies have been so bad that the following numbers are just mind blowing that he could screw up an aspect of our economy this badly  in such a short time:


  • When Biden took office in 2021, in six states a family needed over $100,000  a year in income to afford a middle class, median priced home.

  •  Just three years later, Biden’s failed economic policies have driven that number up to 22 states where a family needs an annual of over $100,000 to afford a middle class home.

  • This is an almost four fold increase in just over three years.

  • This analysis by Bankrate starts in January 2020, and takes it to January 2024.

  • And while their analysis time frame covers the last year of the Trump administration, most of the increase is no doubt occurring as a result of the Biden administration.

  • Their analysis estimated that a family needed to earn an annual  income of $110,871 to afford that median priced house today, up a whopping 46% since 2020.

  • When Biden took office in January, 2021, the average interest rate on a 30 year fixed mortgage was 2.5%.

  • As of March, 2024, Bankrate estimates that the average interest for that same type of mortgages was 7.07%, an almost threefold increase.


Biden has proposed some window dressing programs to address this situation but providing a two year, $5,000 tax credit to home buyers and other such token moves will do nothing when the mortgage rate has increased almost threefold under his Presidency.  His proposed tax credit programs show, again, that he and Washington have no idea on how to fix what they broke in three short years.


That will do it for today’s Numbers: Biden broke the home ownership dreams of millions and millions of Americans, have high taxes get high unemployment, and taxing the rich still makes no sense as long as Washington politicians have no  restraint when it comes to overspending their tax revenue stream.


**********************

If you agree that we need to deseat every member of Congress for their lack of success and accomplishment, then please consider going to the following petition link to help the cause:


https://www.change.org/p/deseat-congress-reset-freedom



**********************


Our book, "Love My Country, Loathe My Government - Fifty First Steps To Restoring Our Freedom And Destroying The American Political Class" is now available at: