Economists Expect Elevated Inflation as Projected U.S. GDP Plummets

Economists across the U.S. expect ongoing inflation as the growth projections for the U.S. economy have plummeted, according to a newly released survey.

The National Association for Business Economics released a survey of 234 economic experts Monday that highlights major concerns about the U.S. economy. The report found inflation ranks as a top worry for economists.

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Commentary: Freedom Is the Essence of American Exceptionalism

Well Head where fluids are injected into the ground

President Joe Biden has continuously stated that “climate change” is the highest priority of his administration, fueled by Build Back Better spending. We are witnessing the disastrous impacts that establishing the wrong priorities can have.

On the day Biden became President, America was energy independent, our borders were secure, and the world was relatively peaceful.

Biden has done everything possible to shut down, curtail, and undermine American energy production. First, he shut down the permitted Keystone Pipeline. Then he eliminated fracking on federal lands, and slowed permits for new oil fields.

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‘Squad’ Member Rashida Tlaib Will Give Rebuttal to Biden’s State of the Union

Michigan Democratic Rep. Rashida Tlaib will deliver a response to President Joe Biden’s State of the Union Tuesday on behalf of the left-wing Working Families’ Party.

News of her speech, first reported by Politico, comes weeks after Democratic moderates have slowed much of Biden’s domestic agenda, much to the chagrin of their colleagues further to the left. According to a summary of the remarks obtained by the outlet, Tlaib is expected to hammer the moderates responsible for the obstruction, which all but killed Biden’s plan to boost domestic spending and fight climate change.

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Pelosi Lays Out Dems’ Agenda After Failures on Build Back Better, Voting Bills

House Speaker Nancy Pelosi said that Democrats would shift their focus to passing a government funding bill and legislation aimed at boosting competitiveness with China after their Build Back Better and voting bills stalled in the Senate.

Top appropriations members have already started meeting in hopes of passing a broader funding agreement before the Feb. 18 deadline. Legislators have already been forced to pass two continuing resolutions in lieu of a longer bill, essentially keeping most funding levels as they were during former President Donald Trump’s final year in office.

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Progressive Dems Pressure Biden to Pass Build Back Better Using Executive Authority

Left-wing Democrats are pressuring Joe Biden to bypass Congress and pass his $1.75 trillion Build Back Better package by executive fiat, Newsmax reported.

Without Senator Joe Manchin’s (D-W.V.) vote, Biden’s bloated social spending plan is dead on arrival in the Senate.

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Commentary: The Reckless Push for Electric Vehicles at the U.S. Postal Service

As Democrats regroup and forge ahead with plans to implement components of the Build Back Better legislation killed by Senator Joe Manchin, calls for the U.S. Postal Service (USPS) to be given billions to electrify its vehicle fleet are likely to soon reach a fever pitch.  

USPS is a high-profile, well-regarded institution through which progressives want to unveil new programs. Progressives pulled out all the stops to provide USPS with electric vehicle funding in 2021 and will likely double down in 2022. 

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Commentary: Pramila Jayapal, the Loser of the Year

For three months, as the chair of the Congressional Progressive Caucus, Rep. Pramila Jayapal was firm in her threat: “We will agree to the bipartisan [infrastructure] bill if, and only if, we also pass the reconciliation bill first.” She was the driving force and the public face behind progressives’ mission to use the infrastructure bill as a cudgel to force Sen. Joe Manchin, Sen. Kyrsten Sinema, and other centrist Democrats into passing Build Back Better. She repeatedly appeared on “The Rachel Maddow Show” to give attention to her strongarm tactics.

Time and time again in August, September, and October, Speaker of the House Nancy Pelosi was forced to back down from votes on infrastructure because of Jayapal. When a reporter told Jayapal that some people believed she was “bluffing,” Jayapal, who has nearly 100 members in her caucus, said, “Try us.”

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Trump Ended His First Year With Big Tax Cut Win, Biden Finishes His With Crushing Manchin Loss

Buffeted by a Russia scandal that proved false, Donald Trump ended the first year of his presidency on a high note with passage of historic tax cuts. In contrast four years later, Joe Biden’s first year in office is ending with a stunning rebuke from a senator in his own party.

On Sunday, Sen. Joe Manchin (D-W.Va.) gave a resounding “No” to Biden’s signature Build Back Better legislation, leaving an uncertain path for the Democrats’ ambitious agenda despite the fact they control the Senate, House and White House.

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‘They Know the Real Reason’: Manchin Fires Back at the White House After Gloves-off Statement Criticizes His Opposition to Build Back Better

Joe Manchin

West Virginia Democratic Sen. Joe Manchin fired back at the White House Monday after it put out a blistering statement criticizing him for opposing President Joe Biden’s domestic spending package.

In an interview with West Virginia’s Hoppy Kercheval, Manchin said that while he “figured they would come back strong,” they knew that Manchin could not support the bill they were backing.

“You know me, always willing to work and listen and try. I just got to the wit’s end and they know the real reason” things fell apart, Manchin said, referring to the White House.

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Commentary: One Chart Explains Biden’s Inflation Disaster

We’ve told you before about Stephen Moore’s Committee to Unleash Prosperity and his must-read Hotline but the Friday, December 10 edition was a Pulitzer Prize winner, or would be if conservatives ever got Pulitzer Prizes. You can read the entire newsletter through this link and we highly recommend you do so, because in one edition it pretty well destroys the entire Biden Democrat agenda.

The lead article shows the effects of Biden’s inflation disaster in one chart. And Steve Moore explains “inflation isn’t going away. No, it isn’t transitory. And, sorry, no, CNN, it isn’t good for you!”

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Commentary: Establishment Republicans Snatch Defeat from Jaws of Victory Yet Again with the ‘Infrastructure’ Boondoggle

Adam Kinzinger

Having been in the D.C. area for over 20 years now, I’ve come to live by the maxim, “Always bank on the GOP snatching defeat from the jaws of victory.” I was proved right again this last week when 13 Republicans in the House helped pass the $1.2 trillion “Gateway to the Green New Deal” otherwise masquerading as an infrastructure bill. 

As I wrote back in August, only 23 percent of this bill is really for infrastructure. The other 77 percent is for things like the $213 billion “allocated for retrofitting two million homes and buildings to make them more “sustainable,” whatever that means. Or the $20 billion for racial equity and environmental justice. Or the mileage tax, as in yes, they want to explore taxing you for every mile you drive in your car.

In the wake of an absolutely stunning clean sweep for Republicans in Virginia from governor to House of Delegates—in a state Republicans hadn’t won statewide in a dozen years and where they’ve lost the last four presidentials—Republicans in D.C. just couldn’t find the nerve to simply say “No.” They couldn’t “Just say no,” kids. It is one of the most beautiful and underused words in the English language, but Republicans appear simply incapable of using it. 

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Budget Watchdogs Project Democrats Infrastructure Plans to Cost up to $5.5 Trillion – $2 Trillion More Than Advertised

President Joe Biden

The Committee for a Responsible Federal Budget has estimated that President Biden’s infrastructure proposals will cost up to $2 trillion more than Democrats are projecting.

The White House and Democratic congressional leaders are preparing a $3.5 trillion reconciliation bill that includes policies in Biden’s Build Back Better agenda such as universal pre-K, tuition-free community college and financial support for childcare. Democrats have referred to the reconciliation bill has a “human infrastructure” budget bill. It could also include the creation of a Civilian Climate Corps.

House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer have said they won’t pass a separate, bipartisan $1.2 trillion physical infrastructure framework until a filibuster-proof reconciliation spending bill gets passed.

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