Biden's magical world

 Biden's World

In the last debate Biden claimed the Obama/Biden economy was better than the economy Trump built in his first 3 years in office. In reality it was far from good. Actually if truth be told the Obama administration did everything it could to destroy the economy, and it was only the hard work and diligence of the American people that brought our country back from the brink. From personal experience and a pretty good memory, let me outline the basis of my claim. The economy was battered after the crash of 2008. House values plummeted, investments were wiped out and a large group of Americans in the age bracket from 55 to 65 had their retirements wrecked by outcome from this downturn. But the real question is what did Obama and Biden do to encourage growth and rebuild our economy?

1. They chose to pass laws making it harder to borrow money and attacked the entire banking industry. The Democrats told us it would make it so a downturn would never happen again. The outcome was businesses failed, including my mother's. She had built a small business selling fabric to quilters. It was thriving until the banking laws changed. Once these draconian rules went into place, she could no longer borrow at a reasonable rate to obtain the products she sold. Her annual inventory could not be purchased, the business she had built was hollowed out, her storefront had to be sold and the entire business had to close down. Imagine this outcome, magnified across the country. 

2. Obama chose to shove Obamacare down the country's throat. At a time of recession, Obama decided we needed government controlled healthcare more than a job. His actions extended the period of joblessness from a few months to years, destroying the high income period for hundreds of thousands of wage earners in their 50s and 60s. Businesses couldn't afford to rehire as the costs of labor were uncertain and insurance premiums were driven upward by the dictates of Obamacare. On a personal level, my choices of insurance, my coverage and my options were taken away by this law. I had to pay more and get less. Each year my insurance value declined under this government dictated system. It was really hard on my family and many others.

3. Obama and Biden chose to throw billions of dollars at renewable energy production propping up and funding solar panel companies. This was a pie in the sky effort to make a technology work before it was ready or viable. The result was bankruptcy after bankruptcy in the industry. Billions of dollars poured down a drain as Obama and Biden tried to pick the winners and losers.

4. The next industry to be assaulted by the Biden/Obama administration was the coal, oil and gas industries. Their administration wrote regulation after regulation attacking coal, effectively shutting down entire regions of hard working Americans to fit into their man made global warming agenda. This cost lives. Part of the current opioid addiction problem plaguing Ohio and the Appalachians  was caused by extended time out of work forced on good Americans by the Obama/ Biden administration. Their policies cost more lives than man made global warming ever will.  

4. Obama and Biden then chose to reengineer the tax code to punish the rich to pay for their failed programs. This once again made it harder for business and the wealthy to put people back to work. 

The result was the slowest recovery in American history other than the depression. I lived this. My children lived this. There is no recasting of history that will cover up the Biden Obama failures in this area. They had to continually extend unemployment past 99 months. 99 months out of work? Are you kidding me? There was nothing strong and powerful about the Obama/Biden recovery. Even today, look at Biden's policies he wants to foist on the American people. It is more of the same. His supports want to tear our country down and build it better. They want to tear down what you have worked for your entire life, to tax you to do it and destroy what remains of our great country to fit their utopia. That will happen if you let it.