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	<title>Federal Reserve &#8211; Black &amp; Blonde Media</title>
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		<title>Biden&#8217;s Admin of the Economic Inexperienced and/or Ignorant</title>
		<link>https://www.blackandblondemedia.com/2022/07/18/bidens-admin-economically-inexperienced-ignorant/</link>
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		<dc:creator><![CDATA[©Black &#38; Blonde Media]]></dc:creator>
		<pubDate>Mon, 18 Jul 2022 16:26:12 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
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		<category><![CDATA[Election 2020]]></category>
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		<category><![CDATA[Biden administration]]></category>
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		<category><![CDATA[Federal Reserve]]></category>
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		<category><![CDATA[Jared Bernstein]]></category>
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		<category><![CDATA[Joe Biden]]></category>
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		<guid isPermaLink="false">https://www.blackandblondemedia.com/?p=23798</guid>

					<description><![CDATA[Joe Biden and the liberal Democrats has one thing in mind on Election Day 2020 and on Inauguration Day 2021: reverse every successful policy put in place by President Trump just because they hated him. Regardless of a pre-pandemic economic foundation that was set to roll smoothly as Democrat roadblocks were slowly being dismantled, the [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>Joe Biden and the liberal Democrats has one thing in mind on Election Day 2020 and on Inauguration Day 2021: reverse every successful policy put in place by President Trump just because they hated him. Regardless of a pre-pandemic economic foundation that was set to roll smoothly as Democrat roadblocks were slowly being dismantled, the left proceeded to initiate every initiative that a sixth grader would understand to be detrimental to the economy and public safety.</p>
<p>Couple that with placing academics and nonprofit activists who knew absolutely nothing about how an economy works in cabinet and policy positions, the results would be predictable enough to be a parody basis for a brutal Monty Python feature film.</p>
<p style="padding-left: 40px;"><span style="color: #808080;"><a href="https://www.blackandblondemedia.com/wp-content/uploads/2022/07/Yellen.jpg" target="_blank" rel="noopener"><img decoding="async" class="alignright wp-image-23805 size-medium" title="Treasury Secretary Janet Yellen" src="https://www.blackandblondemedia.com/wp-content/uploads/2022/07/Yellen-150x100.jpg" alt="" width="150" height="100" srcset="https://www.blackandblondemedia.com/wp-content/uploads/2022/07/Yellen-150x100.jpg 150w, https://www.blackandblondemedia.com/wp-content/uploads/2022/07/Yellen-768x512.jpg 768w, https://www.blackandblondemedia.com/wp-content/uploads/2022/07/Yellen-360x240.jpg 360w, https://www.blackandblondemedia.com/wp-content/uploads/2022/07/Yellen-600x400.jpg 600w, https://www.blackandblondemedia.com/wp-content/uploads/2022/07/Yellen.jpg 800w" sizes="(max-width: 150px) 100vw, 150px" /></a>That’s the headline of a report to be released Wednesday by the Committee to Unleash Prosperity, compiled by Stephen Moore and Jon Decker. The pair studied the résumés of 68 top executive-branch officials whose work shapes the economy—from President Biden and Treasury Secretary Janet Yellen to White House special assistants on economic policy.</span></p>
<p style="padding-left: 40px;"><span style="color: #808080;"><strong>“Average business experience of Biden appointees is only 2.4 years,”</strong> the authors found. Any fresh-faced 25-year-old on Wall Street has clocked more private business hours than most of Washington’s top officials. <strong>Sixty-two percent have “virtually no business experience.” By contrast, the average Donald Trump cabinet official had 13 years of experience in the private economy, the authors say.</strong></span></p>
<p><iframe class="rumble" src="https://rumble.com/embed/v1a45tv/?pub=6btuj" width="750" height="422" frameborder="0" allowfullscreen="allowfullscreen"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start">﻿</span></iframe></p>
<p style="padding-left: 40px;"><span style="color: #808080;"><a href="https://www.blackandblondemedia.com/wp-content/uploads/2022/05/Biden-staff-3.jpg" target="_blank" rel="noopener"><img decoding="async" class="alignright wp-image-23134 size-medium" title="Biden cabinet" src="https://www.blackandblondemedia.com/wp-content/uploads/2022/05/Biden-staff-3-150x96.jpg" alt="" width="150" height="96" srcset="https://www.blackandblondemedia.com/wp-content/uploads/2022/05/Biden-staff-3-150x96.jpg 150w, https://www.blackandblondemedia.com/wp-content/uploads/2022/05/Biden-staff-3-768x490.jpg 768w, https://www.blackandblondemedia.com/wp-content/uploads/2022/05/Biden-staff-3.jpg 800w" sizes="(max-width: 150px) 100vw, 150px" /></a>Some familiarity with business is especially important given that President Biden and Vice President Kamala Harris have spent their lives in law or politics. But the authors found that Biden economic officialdom is dominated by careers in law (20), politics and government (21), and academia or policy-making (12). There are prominent exceptions. Commerce Secretary Gina Raimondo was a successful venture capitalist before entering government, and Interior Secretary Deb Haaland ran operations at a New Mexico tribal casino.</span></p>
<p style="padding-left: 40px;"><span style="color: #808080;">Yet it’s fair to wonder if the Biden policies and their results reflect a lack of even a basic understanding of how business works.</span></p>
<p style="padding-left: 40px;"><span style="color: #808080;">Innocence of profits, payrolls and competition seems to count as a virtue among today’s progressives. But that isn’t a virtue when modern government has so much power to regulate and punish private business. Presidents are free to appoint whoever they wish, but the results of business ignorance in this Administration are speaking for themselves.</span><br />
<span style="color: #808080;">&#8212;</span> <a href="https://www.wsj.com/articles/no-business-experience-needed-joe-biden-white-house-officials-committee-to-unleash-prosperity-report-11657661328" target="_blank" rel="noopener">Wall Street Journal, 7/12/22</a></p>
<p>Going forward, don&#8217;t expect the politically privileged and arrogant to reverse course on a policies inspired by partisan hate with no regard to how those policies would affect millions of Americans. Those within the administration and Democrat party are pretty much insulated from the financial hardships their &#8220;principles&#8221; have unleashed on the nation. It won&#8217;t be an emergency until it negatively affects them and most of these wonks and academics will be able to land softly back into colleges and DC think tanks should they become midterm casualties, so they still aren&#8217;t facing real world ramifications.</p>
<p>The Capitol Hill beltway culture is a parasitical culture that will continue to indifferent to the pain they cause until the infrastructure is dismantled and rebuilt based on logic and need instead of what&#8217;s best for an entrenched political party.</p>
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		<title>Once Donald Trump Leaves Office, Americans Will Be Screwed Over Again</title>
		<link>https://www.blackandblondemedia.com/2018/11/24/once-donald-trump-leaves-office-americans-will-be-screwed-over-again/</link>
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		<dc:creator><![CDATA[©Black &#38; Blonde Media]]></dc:creator>
		<pubDate>Sun, 25 Nov 2018 03:15:44 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
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		<guid isPermaLink="false">https://www.blackandblondemedia.com/?p=5452</guid>

					<description><![CDATA[If you listen to the Democrats, their activists and media, you’ll hear how bad things are under President Trump and how happy they are about it. Despite the sloths who’ve inhabited all government offices and agencies and allowed our economy to languish for decades, a businessman took the reins and did what most of the [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>If you listen to the Democrats, their activists and media, you’ll hear how bad things are under President Trump and how happy they are about it.</p>
<p>Despite the sloths who’ve inhabited all government offices and agencies and allowed our economy to languish for decades, a businessman took the reins and did what most of the overpaid slugs insist, to this day, could never have been done.</p>
<p><a class="cb-lightbox fs-lightbox-element" href="https://www.blackandblondemedia.com/wp-content/uploads/2018/11/Trump-wave.jpg" target="_blank" rel="noopener noreferrer"><img loading="lazy" decoding="async" class="alignright wp-image-131585 size-medium" src="https://www.blackandblondemedia.com/wp-content/uploads/2018/11/Trump-wave-150x75.jpg" sizes="auto, (max-width: 150px) 100vw, 150px" srcset="https://www.blackandblondemedia.com/wp-content/uploads/2018/11/Trump-wave-150x75.jpg 150w, https://www.blackandblondemedia.com/wp-content/uploads/2018/11/Trump-wave-768x384.jpg 768w, https://www.blackandblondemedia.com/wp-content/uploads/2018/11/Trump-wave-500x250.jpg 500w, https://www.blackandblondemedia.com/wp-content/uploads/2018/11/Trump-wave-480x240.jpg 480w, https://www.blackandblondemedia.com/wp-content/uploads/2018/11/Trump-wave.jpg 800w" alt="" width="150" height="75" /></a>But what happens, whether it be their desired 2020 or 2024, when Donald Trump’s presidential term ends and we go back to business-as-usual?</p>
Note: There is a poll embedded within this post, please visit the site to participate in this post's poll.
<p>For those of you who still have your 401(k), look at the numbers prior to November 8, 2016 and look at them now.</p>
<p>Think about those who were in control and set up a system where no matter what their decisions are for the rest of the nation, they would land on a nice soft pillow.</p>
<p>Remember those who exempted themselves from an <a href="https://www.blackandblondemedia.com/2017/01/13/inconvenient-truths-affordable-care-act/" target="_blank" rel="noopener">overpriced Obamacare</a> YOU were forced to acquire, even if you couldn’t afford the deductible to access services. Remember an indifferent Federal Reserve that arbitrarily raises interest rates and screws up everything from car to mortgage payments, not to mention your cost of living. Remember the unelected in agencies that ran amok and how their edicts affected, or negatively affected, how you live your lives. Remember all the nations that took advantage of trade policies that sent millions of jobs out of the country because they were negotiated by ignorant bureaucrats who never built a business with their own skin in the game. Remember hostile actors that would capture our soldiers and make then appear pitiful on video because our former POTUS wasn’t respected or feared.</p>
<p>Remember a stock market that we were all told <a href="https://www.blackandblondemedia.com/2017/06/20/liberals-screwed-stockholders-bad-pre-election-predictions/" target="_blank" rel="noopener">would crash</a> if Donald Trump was elected, that has broken records ever since, and the dip it took when Democrats retook the House and there’s that feeling they’ll do everything politically possible to tank the economy before 2020.</p>
<p>And let’s state the obvious, there’s no Republican on the horizon with the experience and cajones to ever replicate all that is Donald Trump.</p>
<p>Aside from immigration policy that will essentially be the reopening of the unlocked door to the United States and benefits, a military and veterans who will again be relegated to insignificant status, and jobs in poor neighborhoods that may go away, ask those who hate this president what part of the pre-Trump era should we openly embrace and look forward to… again?</p>
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