By Bruce Bialosky, Flashreport
Whenever I have lunch or dinner with someone – especially with recent events — I ask a very straightforward question. “In your wildest dreams did you ever believe they would muck things up this bad, this fast?” I use more vivid language, but I am against using such language in a public forum so I will leave it to your imagination. Sit back and think about the question yourself and derive your own answer.
In a little over a year, the Biden Administration has opened our border to an estimated two million illegal aliens who have been spread throughout the country with very little hope of ever tracking them; shut down a significant amount of our home grown energy production by killing a major pipeline deal costing 3,900 full-time equivalent jobs and pausing oil production on all federal government land which is 25% of national production; taken sanctions off Nordstream 2 to continue the flow of Russian gas to Europe; had a radical withdrawal from Afghanistan that is roundly considered a disaster for the United States; engineered policies that lead to inflation levels not seen in over 40 years which caused a severe depression; and has the world involved in a war in Europe which is destroying a sovereign nation and killing hundreds, if not thousands, of innocent people. In addition, there is an explosion of crime throughout the country that Biden has not caused, but his party has, and he has done little to combat it.
But Biden has solutions. Real solutions.
One of the countermeasures to pressure the Russians to stop their war on Ukraine is to stop the import of Russian oil. Over the last seven months in 2021, we imported 670,000 barrels of oil daily from Russia. Though 73% of that was in process products, we could have easily replaced this production with one policy decision. Had Biden not stopped the Keystone pipeline, we would have a flow of 850,000 barrels a day from friendly neighbor Canada. Biden decided to tell our Canadian neighbor’s “tough luck” and we now have our adversarial supplier – Putin.
Telling the world that America is going to turn on the spigot, produce oil, and gas that will supply us and our allies what we need for energy independence would be a logical and effective solution. We are down an estimated million plus barrels a day. A simple announcement clearing the regulations for that to occur would crash the price of oil as pricing is based on future expectations.
Uncle Joe has a better idea. Why don’t we engage the Venezuelans and the Iranians to replace the oil and gas from Russia? Nothing like replacing supplies from one murderous despot with two murderous despots. Biden tried to engage the Middle Eastern countries including Saudi Arabia, but they will not even talk to Biden because he is negotiating with the Iranians – who are hated by the Arab countries of the Middle East.
Biden reopened negotiations with Iran even while it was on the verge of collapse because American imposed sanctions decimated its cash supplies leaving it on the edge of bankruptcy. Not only is Biden at the table with Iran, but part of the negotiations is – you guessed it — the Russians. Do you think the Russians believe we really want to crush their invasion over here while negotiating with them over there? The Saudis are looking at turning to the Chinese since this American administration antagonizes them at every turn.
You just cannot make this stuff up. If your head is spinning, it is completely expected at this point.
Makes you thankful for small things. Thank God North Korea has a completely dysfunctional economy or Biden would be asking them for some help.
Biden also has a solution for inflation.
President Biden, the very definition of a career politician, tries to find others to blame for his own failings. He angrily states “I am sick of this stuff. We have to talk about it. The American people think the reason for inflation is the government spending more money. That is simply not true. Make no mistake, inflation is largely the fault of Putin. Democrats did not cause this problem. Vladimir Putin did.”
Uncle Joe is right. Adding more than $3 trillion into the economy with made-up money had nothing to do with inflation. Biden missed the class where supply and demand was explained. When there are more dollars chasing fewer products that does not cause inflation – it is Putin. When people get free money and produce nothing that does not cause inflation – it is Putin. When the federal reserve injects additional money into the economy and holds interest at historically low rates that does not cause inflation – it is Putin.
We have not even touched on the ridiculously lax border. That would take a whole other column.
Fourteen months into the Biden presidency and you come to your own conclusion. Did you ever in your wildest dreams think that he could muck this up so badly so quickly? We thought it might be bad. We can only pray for the next 34 months.
The views and opinions expressed in this commentary are those of the author and do not necessarily reflect the official position of Citizens Journal