This week we’ve been treated to three government reports that all point in the same direction: Disaster.
Interest payments are through the roof. Real wages continue to fall. And a record number of illegals crossed the border.
That’s just the domestic news. As of this writing, Americans are being held hostage by Iran-supported Hamas terrorists who killed nearly two dozen other Americans when they invaded Israel. Our military forces face increasing Iranian-sponsored attacks in Iraq and Syria. While President Joe Biden lets Iran off the sanctions hook for another four months.
The worry isn’t just whether Biden – the architect of these disasters – will be voted out of office next year. It’s whether the U.S. can survive until then.
Start with the terrible news on the home front. On Monday, the Treasury Department released its monthly financial report, and it was alarming. In October alone, the government made $76 billion in net interest payments – a 77% increase from a year ago and a 153% jump from two years ago.
The Treasury report projects that gross interest payments will top $1 trillion this fiscal year. That will be more than we plan to spend on defense, or Medicare, or Medicaid, or any non-defense domestic discretionary program. And that’s if all goes well, which it rarely does.
Then, on Tuesday, the Bureau of Labor Statistics released its monthly inflation report for October. While the White House bragged that inflation had declined – from 3.7% in September to 3.2% – what matters to everyday Americans is whether their wages are keeping up with price increases.
They aren’t. For four months in a row – and 27 out of the past 31 months – worker wages failed to keep pace with Bidenflation. As a result, real wages today are more than 3% below when Biden took office. That, combined with rising interest rates, is costing the average family $7,400 a year, according to economist E.J. Antoni.
Also this week, the Customs and Border Protection agency reported that more than 300,000 migrants entered the U.S. illegally in October, the most ever for that month. There were also 13 arrests of people on the terror watchlist last month. Remember, none of these numbers includes “got-aways” – those who purposely avoided “encounters” with border patrol agents.
To top it off, a congressional report came out putting an annual price tag on this flood of illegals – $451 billion!
So, great. A looming fiscal calamity. Falling wages. And an ongoing invasion that is compounding the first two problems. Thanks, Joe.
Now look abroad and what do we see? Five weeks after Hamas went on its killing spree, the Biden administration was saying “we don’t know how many of those (American hostages) are still alive.” Instead of getting retribution for these killings, or protecting Jews who are being attacked in the U.S., Biden is pressuring Israel into a cease-fire while warning about “Islamophobia” at home.
Meanwhile, there’ve been 57 attacks against U.S. forces in Iraq and Syria over the past month. And our response has been, as Business Insider describes it:
U.S. forces stationed in the Middle East have endured a constant stream of attacks from Iran-backed groups over the past few weeks, violence that’s parallel to the Israel-Hamas war but nonetheless directly related to the bloody conflict.
These attacks in Iraq and Syria — mostly carried out using small drones and rockets — have injured dozens of American service members, but the U.S. has chosen for the most part to avoid retaliation against the culprits. Middle East security experts say that’s because Washington is walking a tightrope, balancing its own strategic interests in the region with avoiding escalation while also recognizing that its enemies are doing the same, trying to intentionally provoke it without taking it too far.
“Walking a tightrope“? A “balancing” act? When “experts” are using circus metaphors to describe foreign policy, you know we’re in trouble. In any case, Biden is enabling Iran, which is behind all these attacks, by letting it off the sanctions leash so it can rake in tens of billions of dollars. Just this week, Biden issued a new 120-day sanction waiver. (And this is to say nothing of the fact that Iranian spies had deeply penetrated the Biden administration.)
Now, let’s get back to the headline. The legal definition of “reckless endangerment” is a crime “consisting of acts that create a substantial risk of serious physical injury to another person.” Has Biden caused physical injuries? We’d argue that he has. But there’s no question that Americans across the country have been seriously injured in a multitude of other ways.
In any case, someone accused of reckless endangerment “isn’t required to intend the resulting or potential harm, but must have acted in a way that showed a disregard for the foreseeable consequences of the actions.”
That is the very definition of Joe Biden’s presidency.
— Written by the I&I Editorial Board