I & I Editorial BoardHeadlines and issues that caught our eye.
Bidenomics’ Failures Piling Up
Bidenflation: $100 Doesn’t Buy What It Used To — Hot Air
Biden’s ‘Acting’ Labor Secretary Laughs at Millions of Americans Who Think They Were Better Off Under Trump — Gateway Pundit
Odds of $100 oil rise as supply shocks convulse the market — Financial Post
Half Of Americans Struggling To Afford Housing, Survey Finds — CBS News
What is gold telling us? — Financial Times
ICYMI: Here’s Why Nobody Believes Biden On The Economy Anymore — Issues & Insights
California’s Deep Financial Chasm Grows As People Flee
The Wheels Are Coming off California — Committee To Unleash Prosperity
San Francisco Moves To Create More Food Deserts In Poor Areas — American Thinker
Why Californians are fleeing this once-Golden State — Los Angeles Times
Business groups and lawmakers battle over ballot measure to limit California tax increases — Orange County Register
Climate Ignorance Is The Rule, Not The Exception
ABC’s Hostin Links Eclipses, Earthquakes, Cicadas to Climate Change — Breitbart
Party Of Science? NJ Sen Candidate Rocks With First Earthquake, Now Knows Climate Crisis Is Real — Hot Air
Climate Change Is Not Causing Inflation — Climate Change Weekly
What Could Possibly Go Wrong? Biden Admin Okayed Geoengineering Test in San Francisco Bay — Twitchy
If you like your car, good luck keeping it: Biden’s EV mandate drives change people don’t want — USA Today, via Yahoo News
Biggest Corporate Welfare Scam of All Time — Stephen Moore, Hot Air
Media’s Bias: No Longer In Doubt?
Legacy Media Tries to Suppress Damaging Information — Hot Air
The unhiring of Ronna McDaniel exposes more mainstream media bias — Winston-Salem Journal
Immigration’s Hit To The Economy
Blue State Public Official Reveals How Much Taxpayers Are Paying for ‘Unsustainable’ Illegal Immigrant Policies — Daily Caller
Say What? USA Today Claims Biden Has ‘Clamped Down on Unauthorized Border Crossings’ — Gateway Pundit
Biden may hand out green cards to 4,000 illegal immigrants per year — New York Post
White House’s Reported Ill-Advised Green-Card Giveaway Would Exacerbate Illegal Immigration Crisis — Daily Caller
Epidemiologist says US is not doing enough to monitor health status of border crossers — Just The News
Fed Chair Jerome Powell: Immigration The Reason Why The Economy Grew 3% In A Year, “We’ve Needed More People” — Real Clear Politics
Are Dems Suffering Trump Panic?
Dems Admit Their Campaign Is About Throwing Trump In Prison — PJ Media
Democrats Plan to Kneecap Trump’s Candidacy — American Thinker
The polls are suggesting a huge shift in the electorate — Politico, via Yahoo News
Trump promises abortion rights will be decided by states if re-elected, sidestepping national ban — New York Post
‘Now They’re Voting Red’: A Pennsylvania Fracking Boom Weighs on Biden’s Re-Election Chances — Wall Street Journal
With regard to “we’ve needed more people” I have to express a lot of skepticism. Our immigration policy is utterly schizophrenic. A minority of immigrants are vetted and come here with the skills, social and employment, to contribute. The majority are illegal border jumpers who come without skills in any sense of that word and are wards of the state.
I have to wonder about the validity of measurement and assumptions. The money being spent to handle illegal immigration problems is probably considered a 1:1 expenditure to GDP growth ratio and not potentially a terrible opportunity cost.
What I have gathered from my not very scientific survey is that everyone is looking for employees, and what they get are people who quit as soon as they can apply for public assistance, or workers who are a discipline problem, or people who simply won’t work or can’t be trained and have to be dismissed. I suppose in this circumstance one can substitute quantity for quality and grow the economy, but it seems a poor way to increase productivity and isn’t likely to lead to prosperity in the future.
Besides, who could be surprised by 3% growth when stimulus (deficit spending) runs maybe 5 or 6% a year? The opportunity cost will show up eventually.