Biden tonight, like LBJ in 1964, Ford in 1975, Reagan in 1981, and Obama in 2009, is ready to make some terraforming asks to a pliant Congress.
by Matt Welch
Reason.com
‘Tis the season for pompous presidential speeches to Congress. Most years we call these prime-time pitches the State of the Union address, though beginning in earnest with Ronald Reagan in 1981, first-term presidents have stepped in where lame-duck executives once stood and delivered something of a less official yet still aspirational pep talk to a Joint Session of Congress. Such we will experience tonight.
In most years this annual exercise in presidential self-importance—which in less imperious times (1801–1912) was delivered in letter form—is an occasion to study bad speech writing, insincere promise making, and palpable crisis-envy, as the man in the Oval Office wishes out loud that the nation was panicked enough to confuse his domestic agenda with yet another “moonshot.”
According to the National Income and Product Accounts (NIPA) the US personal savings rate stood at 13.6 percent in February 2021 against 8.3 percent in February 2020. Since consumption expenditure is considered as the driving force of the economy, obviously a strengthening in savings, which implies less spending, cannot be good for economic activity, so it is held. Conversely, a decline in savings, which is an increase in spending is considered as good news for economic activity.
Imports of consumer goods spiked by 38% from a year ago. Imports are not a sign of economic strength, but are a drag on GDP.
It should obvious to all but the most addled minds that television news anchors, their script writers, and editors never question the following (false) assertions:
Jiu Jitsu black belt Craig Jones, 29, announced on Instagram that he is unable to fight Tye Ruotolo after suffering a bad reaction to the COVID-19 vaccine causing his stomach to build up with fluid.
The latest updates on the “new normal” – chronicling the lies, distortions, and abuses by the ruling class.
Border Patrol Chief Rodney S. Scott is pushing back against what he saw as the White House’s premature order to stop using certain immigration-related terms, like “illegal alien.”
Hopefully, a few years from now, those of us who survived the current pandemic — from both a health and financial standpoint — will have so much to look forward to that we won’t be looking over our shoulders.
A Ninth Circuit panel on Tuesday lifted restrictions on exporting blueprints for 3D-printed guns.
Spanish authorities located a migrant boat with three survivors and 17 dead bodies floating near the Canary Islands this week, according to reports.
Joe Mazumdar joined Exploration Insights as co-editor and analyst in December 2015 and transitioned to sole editor a couple of years later. Previously, he spent six years as Senior Mining Analyst at Haywood Securities and Canaccord Genuity in Vancouver; six years as Director of Strategic Planning, Corporate Development at Newmont Mining (Denver); and over two years as Senior Market Analyst/Commodity Trader at Phelps Dodge (now Freeport McMoRan, Phoenix).
President Joe Biden is set to unveil a sweeping new “families” proposal during his joint session address Wednesday night, the third such landmark spending proposal of his first 100 days in office.
Fewer Americans are identifying the Chinese coronavirus as the most important problem facing the United States, a Gallup poll released Wednesday found.
I just updated my iPhone with a new feature that is long overdue. I’m thrilled to say that anyone who has downloaded the update is now in a position to control what personal information is used and passed on by various applications on the smartphone.
Federal investigators in the Biden Justice Department executed a search warrant on Trump lawyer Rudy Giuliani’s Manhattan apartment and office Wednesday morning.