BTRTN: Biden Lament -- The Future Isn't Now
Born To Run The Numbers assesses Biden's essential dilemma: his trio of legislative blockbusters will transform America and ultimately touch the lives of all Americans... but are not having any impact on his approval rate now. Rather, in the short term, twin evils that are not of Biden's doing -- Covid and inflation -- are dragging down his ratings.
http://www.borntorunthenumbers.com/2021/12/btrtn-biden-lament-future-isnt-now.html
Excerpts: "Joe Biden is indeed realizing his dream of rebuilding America “back better.” His trio of legislative blockbusters -- the already-passed American Rescue Plan, newly-passed Infrastructure Investment and Jobs Act, and the almost-inevitably-destined-to-be-passed “soft” infrastructure bill will collectively total nearly $5 trillion in spending that will reshape America for decades to come...
"The problem for Biden is this -- the future is not now. And 'now' is kind of a mess. The key question for the Biden administration is, how quickly can we get to the future?
"The state of the country is currently a 'mess' through little fault of the Biden administration. The twin evils that have been tormenting Biden (and America) this month are the interrelated issues of inflation and COVID. The inflation spike has been driven by three primary factors, and the root cause of each is COVID. The first is strong consumer demand, as Americans have begun to spend that which they saved in 2020 at the onset of COVID. This unleashing of demand has triggered a burden on supply chains, the second factor, which has been exacerbated by the third, a labor shortage.
"As for Biden, it is ironic that our oldest president is banking on a brighter future, playing the only game at his disposal, the long game. There will be tough sledding for the next six months, as inflation, Omicron and the bills sort themselves out."
