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PAC Expands “Liberal Extremist” Attack to New Hampshire’s Extremist Maggie Hassan 

     

After Shaking up Arizona Senate Race (GOP Senate candidate has picked up “extremist” theme in PAC’s TV spots), Frontiers of Freedom Action expands its effort to hold New Hampshire’s extremist Senator Maggie Hassan to account for her betrayal of New Hampshire voters.

   

Two Minute Version

       

NEW HAMPSHIRE’S OWN SENATOR VOTED TO PERMIT FEDERAL BUREAUCRATS TO END THE STATE’S GREATEST TRADITION — FIRST-IN-THE-NATION PRESIDENTIAL PRIMARY.

Hassan was so afraid of a left-wing primary challenge she even went along with empowering Department of Justice bureaucrats to end New Hampshire’s greatest tradition.” — George Landrith President, Frontiers of Freedom

HASSAN’S “CORRUPT BARGAIN WITH LEFT WING EXTREMISTS” MADE HER “KEY ENABLER” WHO VOTED 96% WITH BIDEN.    (“EXTREMIST” SENATE VOTING RECORD.)

Screen shows “CORRUPT BARGAIN WITH LEFT WING EXTREMISTS” EMBLAZONED ACROSS PHOTO OF RADICAL-LEFT NEW YORK REPRESENTATIVE OCASIO-CORTEZ AND 3 OTHER FAR- LEFT MEMBERS OF “THE SQUAD”)

      


      

ASKS NEW HAMPSHIRE MEDIA TO “STAND UP TO CORRUPT NATIONAL MEDIA” AND END HASSAN’S ‘FREE RIDE’

      

       

“The 50th Senator” who in a closely divided Senate who could easily have “stopped Biden debacles like the border crisis” the spot show vivid footage of illegal border crossings.  Hits Hassan for supporting Biden’s “Student loan giveaway.”

“SCRIPTED LINES” AND “WHOLE CAMPAIGN” IS BEING RUN FROM WASHINGTON BY DC LIBERAL CONSULTANTS AND FINANCED BY FAR-LEFT DARK MONEY

         

MAKE HASSAN ANSWER FOR WHAT SHE HAD DONE TO NEW HAMPSHIRE & TO AMERICA:

It is incredible she isn’t even being asked about her far-left voting record and especially her votes to endanger the presidential primary or about who is really running her campaign?” — Landrith

“Everything she says and every TV spot she runs is out of the DC consultants’ playbook — Who ‘s running her campaign?” — Landrith

“The extreme left has created all the problems that our nation is now facing — the border crisis, the murder and violent crime crisis, economic stagnation, runaway inflation, the fentanyl crisis, failure in Afghanistan, and an emboldened Russia, Iran, and China. All of this can be laid at Maggie Hassan’s feet. In a 50-50 Senate, Hassan could have stopped the insanity at any point, but she didn’t even try. Not once. As a result, New Hampshire and Americans are suffering from runaway inflation making the average family about $7,000 poorer than just 18 months ago. We also face a stagnant economy in recession — something Hassan and her allies have lied about constantly. New Hampshire deserves a Senator who will represent the people, not the extremist special interests. Maggie Hassan has consistently proven that she is not up to the job! It is time for a new direction and a new senator.” — Landrith

     

HASSAN’S REPUBLICAN OPPONENT – GENERAL DONALD BOLDUC

         

“General Bolduc is credible and likable. He’s one of those soldiers who has become a great candidate. He has proven that he will take on the extremist elements and the special interests in Washington. General Bolduc will help make Washington focus on what matters to New Hampshire’s citizens — a strong economy, a government that promotes and protects freedom and opportunity for all, and a nation that is strong in the face of increasing threats from abroad.” — Landrith

But he must use “the ‘e’ word” because the “extremist” charge really cracks the code against Democrats like Hassan for the simple reason it’s the truth and the truth actually works in politics.  Her voting record shows she cared more about the approval of the media and the left wingers who threatened her with a primary than that of her New Hampshire constituents. She can’t claim to be a moderate.” — Landrith

           

Spot also shows “news stories” repeating Hassan and Democratic party talking points.

       

     

One Minute Version

       

We think the New Hampshire media wants to be fair, but they can’t just repeat Democrat talking points. They need to give General Bolduc a hearing and ask Hassan some tough questions like those in our TV spot.” — Landrith

SPOT SAYS FOR YEARS HASSAN “NEVER HAD TO DENOUNCE” EXTREMISTS WHO WANT TO DEFUND THE POLICE (until campaign trail) OR THE DEMOCRATIC PARTY’S “dark money alliance with notorious anti-American billionaire George Soros funding lawless prosecutors: to opposition to school reform and parental rights, as well as the destruction of women’s sports and childhood education with “gender lunacy.”

“Maggie Hassan made a corrupt bargain with left-wing extremists to not run a primary against her if she pushed far-left positions that have done so much harm to New Hampshire.

 “Why did she let her fear of a primary make her cave into the left-wing extremist “squad’?

How can she say he isn’t a left-wing extremist if every time he votes like one?

HASSAN VOTED AGAINST HER CONSTITUENTS

“Why did Maggie Hassan go to the big city and forget the people who sent her there.”

LONG-FORMAT, STORY-TELLING AD

These are not 30-second attack ads that try to manipulate people, but heavily informative narrative ads that work particularly well with Independents, women, and young people who appreciate being given context and a story that put a larger perspective around the issues.” Landrith

     

 Landrith explained the 2-minute nightly news spot <Link> is followed by a 1-minute “chaser” <Link> that summarizes what the viewer has just seen.

       

“TEMPLATE” AD IS DESCRIBED AS “GREATEST AD IN HISTORY OF CAMPAIGNS”


One conservative website called an earlier version of the spot (directed against Senate Majority Leader Chuck Schumer) “The greatest ad in the history of campaign ads” and said “Every MAGA candidate should imitate its format.”

Three weeks of the ad in the Arizona TV market recently led to the adoption of its theme by GOP Senate candidate Blake Masters.

 WHY THE “EXTREMIST” CHARGE IS KEY

The reason Joe Biden and Democrats are trying to use the ‘extremist’ charge against Republicans is they realize it is their own biggest vulnerability. But the truth is clear – Democrats are the real extremists today.” — Landrith

SPOT SPELLS OUT HASSAN AS BIDEN’S AND SCHUMER’S “CHIEF ENABLER”

     HUGE SPENDING BILLS CAUSING SHATTERING INFLATION AND RECESSION.

     SHUT DOWN PIPELINES, DROVE UP GAS PRICES

     CAUSED FOOD SHORTAGES EVEN BABY FORMULA

     AND OPPOSING SCHOOL REFORM

     DESTROY WOMEN’S SPORTS AND CHILDHOOD EDUCATION WITH GENDER LUNACY (Pix of Lia the swimmer and drag queens at kindergarten)

AD HITS SENATE DEMS FOR “SCORCHED-EARTH” “RULE-OR -RUIN” ATTACK ON AMERICAN DEMOCRATIC INSTITUTIONS

THE EXTREMIST LEFT WILL DESTROY –

     THE SUPREME COURT

     THE SACRED SECRET BALLOT (No voter ID, unlimited vote harvesting and mail-ins & DC bureaucrats’ takeover of elections)

      CITIZENSHIP (Open borders)

      US SENATE (Add new states, no filibuster)

      ELECTORAL COLLEGE (Elections decided by a few counties in a few states)

     IMPOSE ANTI-CATHOLIC RELIGIOUS TEST FOR FEDERAL OFFICE

About Hassan’s support for Schumer assault on democratic institutions:

The GOP has never gotten across to the people how those bills would have destroyed the secret ballot, put Department of Justice bureaucrats in charge of our elections, abolished citizenship rights, packed the Supreme Court into irrelevance, radically changed the U.S. Senate, and made a few states the only thing that mattered in presidential elections by abolishing the Electoral College,” said Landrith.

ACCUSES HASSAN OF DESTROYING ELECTION INTEGRITY BECAUSE SHE BACKED BIDEN-SCHUMER

She voted for a federal takeover of elections that would corrupt the secret ballot and completely reduce New Hampshire’s historic role in presidential elections.” — Landrith

 SPOT DESCRIBES “PEOPLE’S FURY” AGAINST
 MEDIA AS AMERICA’S “MOST CORRUPT INSTITUTIONS

The Mainstream Media has COVERED UP: 1)  China virus leak, 2) Hunter Biden laptop scandal, 3) illegal wrongdoing by Clinton and Biden, 4) FBI harassment of political dissenters,  5) never apologized for years of its Russian collusion hoax,  6) promoted  smears and civil rights violations against conservatives, 7) phony impeachments and show trials, 8) covered up Biden’s ill health and incompetence by letting him run from basement.


Frontiers of Freedom Action Super PAC TV Spot: ASKS ARIZONA MEDIA TO “STAND UP TO CORRUPT NATIONAL MEDIA”

NEWS RELEASE

“Cracking the code against Senate Democrats like Arizona’s Mark Kelly” PAC hopes “all Republicans will steal this ad.”

— “Doubling down in Phoenix” with a long format 2-minute ad that now has a 1-minute “chaser” on “Biden’s key enabler.”  VIEW SPOT

— One “screen” in spot accusing Kelly of “corrupt bargain” drawing heavy attention and donations.

WASHINGTON D.C. — Announcing a new wave of TV ads against endangered Democrat Senator Mark Kelly, SUPER PAC President George Landrith says his group, Frontiers of Freedom Action, is doubling its broadcast buy (nightly and morning news) for a 2-minute spot asking Arizona media to stand up to a “corrupt national media” by making Kelly answer charges he is “liberal extremist and has the voting record to prove it.”

(For more information, contact PAC President George Landrith at 703-901-5464)

One ‘screen’ in particular in the TV spot is drawing heavy attention and donor response Landrith says

  —  a photo of radical-left New York Representative Ocasio-Cortez and 3 other Representatives who make a far-left congressional group the media dubbed “The Squad” with the headline emblazoned across it — ‘CORRUPT BARGAIN” as the ad’s voice-over charges:

    “Mark Kelly made a corrupt bargain with left-wing extremists to not run a primary against him if he pushed far-left positions”

    Accusing Kelly of “going to the big city and forgetting the people who sent him there” the ad asks Arizona press and network affiliates to end Kelly’s “free ride” and make him respond to questions like

   “Why did he let his fear of a primary make him cave into the left-wing extremist “squad’?”

  “How can he say he isn’t a left-wing extremist if every time he votes like one?

WHY IT CRACKS THE CODE

“Kelly and all other Senate Democrats were so terrified that Ocasio Cortez and her left-wing billionaire allies would run primary campaigns against them they voted right down the extremist line.

“The reason this cracks the code is that many people find it hard to believe that their home state senator or local representative could really be so left wing but once they get an explanation for why it happened they are willing to vote against the Dems. Polling shows that even if they like their Senators they will vote against them if they voted for Biden’s and the Democrats’ agenda.”

“THIS SENATE RACE IS NOT A PERSONALITY CONTEST. KELLY’S OPPONENT IS A GREAT CANDIDATE BUT EVEN IF HE WEREN’T THE ISSUE IS KELLY’S LEFT WING EXTREMIST VOTING IN THE SENATE” Landrith said.

THE NEW 1-MINUTE “CHASER”

One conservative website called an earlier version of the spot (directed against Senate Majority Leader Chuck Schumer) “The greatest ad in the history of campaign ads” and said “Every MAGA candidate should imitate its format.”

Landrith explained, however, a 1-minute “chaser” (VIEW SPOT) now follows the 2-minute spot that summarizes what the viewer has just seen. (A 3-minute web version is also available:  VIEW SPOT). The ads began on Sunday morning and will run on the nightly and morning news through the week.

“These are not 30-second attack ads that try to manipulate people, but heavily informative narrative ads that ask Mark Kelly when he will reject extremist liberal views and plans,” Landrith said.

“BIDEN ENABLER”

 In addition to saying Kelly’s “free ride” from the national media means he never has to disown left-wing extremist groups that support him, the spot also spends much of its time charging that Kelly was a key “Biden enabler.” Accusing him of being “the 50th Senator” in a closely divided Senate who could easily have stopped Biden debacles like the border crisis, the spot show vivid footage of illegal border crossings.

WHY THE “EXTREMIST” CHARGE IS KEY

“The reason Joe Biden and Democrats are trying to use the ‘extremist’ charge against Republicans is they realize it is their own biggest vulnerability.”

“Mark Kelly is perfect example of why a Red Wave is coming in states like Arizona” the SUPERPAC PRESIDENT SAYS. “He wants to run as a moderate but like every Senate Democrat he is imperiled by his corrupt bargain with the left which said in effect: ‘Don’t primary me and I will vote your way.’”

SPOT CHARGES KELLY’S “FREE RIDE” FROM NATIONAL MEDIA MEANS HE HAS “NEVER HAD TO DENOUNCE” EXTREMISTS WHO WANT TO DEFUND THE POLICE OR DEMOCRATS “dark money alliance with notorious anti-American billionaire George Soros, to opposition to school reform and parental rights, as well as the destruction of women’s sports and childhood education with “gender lunacy.”

SPOT WANTS TO “Make The Media The 2022 Issue”

In calling national media “the most powerful and corrupt institutions in America” seeking to “smear” GOP candidates and protect their own “chosen candidates,” the SPOT asks voters to “send a message to the media bosses” who are “corrupting American journalism” and give them a “miserable election night” by asking Kelly for answers

“Get back at those who have corrupted journalism and seek to crush dissent and smear Kelly’s opponent.”

Spot cites MEDIA AS AMERICA’S MOST CORRUPT INSTITUTIONS COVERED UP 1) China virus leak, 2) Hunter Biden laptop scandal, 3) illegal wrongdoing by Clinton and Biden, 4) FBI harassment of political dissenters, 5) never apologized for two years of its Russian collusion hoax, 6) promoted smears and civil rights violations against conservatives, 7)phony impeachments and show trials.8)covered up Biden’s ill health and incompetence by letting him run from basement.

KELLY AS BIDEN’S AND SCHUMER’S “CHIEF ENABLER” ON

HUGE SPENDING BILLS CAUSING SHATTERRING INFLATION AND RECESSION.

SHUT DOWN PIPELINES, DROVE UP GAS PRICES

CAUSED FOOD SHORTAGES EVEN BABY FORMULA

AND OPPOSING SCHOOL REFORM.

SUPPORTS POLITICIANS WHO VIOLATED THEIR OWN LOCKDOWNS ABD DESTROYING BUSINESSES

(Pelosi, DeBlasio, Cuomo, Newsom)

DESTROY WOMEN’S SPORTS AND CHILDHOOD EDUCATION WITH GENDER LUNACY (Pix of Lia the swimmer and drag queens at kindergarten)

ACCUSES KELLY ON DESTROYING ELECTION INTEGRITY BECAUSE HE BACKED BIDEN-SCHUMER

“He even voted for a federal takeover of Arizona’s election that would corrupt the secret ballot and completely reduce Arizona’s historic role in presidential elections”

AD HITS SENATE DEMS FOR “SCORCHED-EARTH” “RULE-OR -RUIN” ATTACK ON AMERICAN DEMOCRATIC INSTITUTIONS

WILL DESTROY –

THE SUPREME COURT (Packing the Court)

THE SACRED SECRET BALLOT (No voter ID, unlimited vote harvesting and mail-ins and DC bureaucrats’ takeover of elections)

 CITIZENSHIP (Open borders)

US SENATE (Add new states, no filibuster)

 ELECTORAL COLLEGE. (Elections decided by a few counties in a few states)

IMPOSE ANTI-CATHOLIC RELIGIOUS TEST FOR FEDERAL OFFICE

“The GOP has never gotten across to the people how those bills would have destroyed the secret ballot, put Department of Justice bureaucrats in charge of our elections, abolished citizenship rights, packed the Supreme Court into irrelevance, radically changed the U.S. Senate, and made a few states the only thing that mattered in presidential elections by abolishing the Electoral College,” said Landrith.

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Amac: PAC Urges Arizona Press to “Stand Up to Corrupt National Media” Over “Extremist” Mark Kelly

By Seamus Brennan

In a two-minute broadcast TV advertisement, a conservative Super PAC is asking the Arizona press to “stand up” to the national media and make “liberal extremist” Senator Mark Kelly answer for his “corrupt bargain” with left-wing radicals in the Democratic Party. The ad also asks Arizona voters to “send a message to the media bosses” who represent “the most corrupt institutions in America.”

In the TV spot and an extended three-minute online version of the ad, the group asks Kelly “how he can say he isn’t a left-wing extremist if every time he votes like one,” and likewise calls on Arizona journalists to question Kelly on his extremist positions on the campaign trail. The ad, which launched Thursday night, is set to run on the Phoenix TV nightly news and Sunday political talk shows through next week.

The Arizona Senate race between Kelly and Republican Blake Masters—widely expected to be one of the most competitive in the nation—could determine which party controls the Senate come January 2023. “Mark Kelly is a perfect example of why a red wave is coming in states like Arizona,” said George Landrith, president of Frontiers of Freedom Action, the group that aired the ad. “He wants to run as a moderate, but like every Senate Democrat, he is imperiled by his corrupt bargain with the left which said in effect: ‘Don’t primary me and I will vote your way.’”

The ad’s release comes just days after the group aired a similar TV spot in New York markets, criticizing Senate Majority Leader Chuck Schumer (D-NY) as “the media’s chosen candidate,” which was hailed by one conservative news outlet as the “greatest campaign ad of all time.” Like the New York TV blitz, the first minute of the Arizona spot focuses chiefly on the media for trying to “crush dissent” and hide corruption, displaying headlines about media scandals and smears—including its suppression of the COVID-19 lab leak theory, censorship of the Hunter Biden laptop bombshell, promotion of the Russian collusion hoax, a coverup of Hillary Clinton’s email scandals, and refusal to report on Biden’s blackmailing of the Ukrainian government. The ad also catalogs other political smears, like those against General Michael Flynn, students at Covington Catholic High School, and parents protesting anti-Americanism in their local schools.

The ad goes on to blame the media for elevating Joe Biden to the presidency by letting him run “from his basement” and “covering up his incompetence and ill health.” It then goes on to smear Biden as “the worst president in modern history,” and features videos of him falling up the stairs on Air Force One and taking directions from the Easter Bunny at a White House event with the headline “EASTER BUNNY RUNS WHITE HOUSE EVENT.”

Around the halfway mark of the two-minute TV spot, the ad labels Kelly as Biden’s “key enabler,” noting that he votes with Biden 92 percent of the time and “cast the deciding vote on huge spending bills that cause shattering inflation and recession”—referring to the so-called “Inflation Reduction Act,” which economists predict will even further aggravate inflation and raise costs for Arizona families.

Additionally, the ad notes how attempts by the likes of Biden and Kelly to push a radical takeover of elections—as well as efforts by other Democrats to alter the makeup of the U.S. Supreme Court, the U.S. Senate, American citizenship, and the Electoral College—represent a “scorched-earth, rule-or-ruin” attack on longstanding American democratic institutions. “The GOP has never gotten across to the people how those bills would have destroyed the secret ballot, but Department of Justice bureaucrats in charge of our elections, abolished citizenship rights, packed the Supreme Court into irrelevance, radically changed the U.S. Senate, and made a few states the only thing that mattered in presidential elections by abolishing the Electoral College,” said Landrith.

The ad concludes with a call for the people of Arizona to “make the media bosses the 2022 issue” before stating that Kelly “was the 50th senator and could have forced Biden and Schumer to stop the deliberate border crisis.” Mark Kelly, the ad goes on to say, “is a symptom of all that is wrong about Washington. Why did Mark Kelly go to the big city and forget the people who sent him there?”

“This Senate race is not a personality contest,” Landrith said. “Kelly’s opponent is a great candidate, but even if he weren’t, this issue is Kelly’s left-wing extremist voting in the Senate.”

Although Kelly has thus far maintained a marginal lead over Masters in statewide polling, the release of the ad could go a long way in further tightening the race and compelling moderates, independents, and disaffected Democrats to reconsider their support for Kelly as their representative in the Senate.

LINK TO STORY BY SEAMUS BRENNAN AT AMAC <HERE>

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BREITBART: Super PAC Attacking Media, Schumer Expands Ad Buy to Target Mark Kelly

By Joel Pollak

A conservative super PAC that is urging Republicans to target the mainstream media in campaign messages is expanding its ad buy, entering the Arizona race for Senate with TC spots targeting Sen. Mark Kelly (D-AZ).

As Breitbart News reported last month, the Frontiers of Freedom Action (FFA) super PAC placed ads in regional markets in upstate New York, urging voters to consider the “bargain” that Senate Majority Leader Sen. Chuck Schumer (D-NY) allegedly made to avoid a difficult primary challenge from the likes of democratic socialist Rep. Alexandria Ocasio-Cortez (D-NY): if he would vote and govern from the left, he would be left virtually unopposed in his primary race.

Now, the PAC is making the same case in Arizona, arguing that Kelly — who campaigned as a moderate but has voted with the party’s left since taking office in 2021 — made a similar “corrupt bargain” in his own race.

The PAC has bought airtime for a two-minute ad to air during 10 p.m. television news shows in Phoenix, to run on Thursday night and on Sunday through next week. (See TV Spot above)

It has also released a similar ad on the web: <HERE>

The ads allege that Kelly was the chief “Biden enabler,” and that as the “50th Senator” he could have stopped some of the most radical legislation to pass through the chamber, but refused to do so.

The implied contrast is with Sen. Kirsten Sinema (D-AZ), who has joined Sen. Joe Manchin (D-WV) in opposing some left-wing initiatives and defending the filibuster that enshrines the rights of the minority.

The ad encourages viewers and voters to pressure their local media outlets to ask questions of Kelly, and urges them to see the 2022 midterms as a way to “sed a message” to a corrupt media establishment.

Kelly faces a challenge from Republican Blake Masters in the upcoming November election.

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Joel B. Pollak is Senior Editor-at-Large at Breitbart News and the host of Breitbart News Sunday on Sirius XM Patriot on Sunday evenings from 7 p.m. to 10 p.m. ET (4 p.m. to 7 p.m. PT). He is the author of the recent e-book, Neither Free nor Fair: The 2020 U.S. Presidential Election. His recent book, RED NOVEMBER, tells the story of the 2020 Democratic presidential primary from a conservative perspective. He is a winner of the 2018 Robert Novak Journalism Alumni Fellowship. Follow him on Twitter at @joelpollak.

LINK TO STORY BY JOEL POLLAK AT BREITBART <HERE>

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MAKE “LIBERAL EXTREMIST” MARK KELLY ANSWER  “CORRUPT BARGAIN” ALLEGATION

Mark Kelly made a corrupt bargain with left-wing extremists to not run a primary against him if he pushed far-left positions” — TV spot. 

Ask “local press” and Arizona news “affiliates” to hold Kelly “accountable on the campaign trail” by asking —

           “Why did he let his fear of a primary make him cave in to the left-wing extremist “squad”? 

           “How can he say he isn’t a left-wing extremist if every time he votes like one?” 

         

PHOENIX TV  PUSH:  2 – MINUTE SPOT (https://youtu.be/29shDBn8JYQ) ON PHOENIX NIGHTLY NEWS AND SUNDAY NEWS SHOWS AND 3-MINUTE WEB RELEASE (https://youtu.be/Mz6rujONihg) also says KELLY WAS  “CHIEF BIDEN-SCHUMER ENABLER” AND “AS 5OTH SENATOR” COULD HAVE STOPPED THE DEBACLES. BUT HE NEVER DID!

“He was the deciding vote in the Senate and could have forced Biden and Schumer to stop their deliberate border crisis.”

“Instead he became a Biden-Schumer enabler and gave them everything they wanted.”

END MARK KELLY’S ‘FREE RIDE’ FROM THE NATIONAL MEDIA  

“Mark Kelly is a perfect example of why a Red Wave is coming in states like Arizona,” said Frontiers of Freedom Action President, George Landrith. “He wants to run as a moderate, but like every Senate Democrat he is imperiled by his corrupt bargain with the Left which said in effect: ‘Don’t primary me and I will vote your way.’”

“THIS SENATE RACE IS NOT A PERSONALITY CONTEST. KELLY’S OPPONENT IS A GREAT CANDIDATE, BUT EVEN IF HE WEREN’T, THE ISSUE IS KELLY’S CONSISTENT LEFT WING EXTREMIST VOTING IN THE SENATE,” said George Landrith, President of FRONTIERS OF FREEDOM ACTION.

We ask in the TV spot:

           “Why he went to Washington and sided with the left-wing extremists against the people of Arizona?”

           “Why Mark Kelly went to the Big City and forgot the people who sent him there?”

Spot also says:

            “Ask the local news not to give Kelly the free ride that he gets from corrupt national media.”

             “Ask the Arizona media and affiliates to question Mark Kelly on the campaign trail.”

KELLYS  “FREE RIDE” FROM NATIONAL MEDIA MEANS HE HAS NEVER HAD TO DENOUNCE”  EXTREMISTS  WHO WANT TO  DEFUND THE POLICE OR DEMOCRATS “dark money alliance with notorious anti-American billionaire George Soros, to opposition to school reform and parental rights, as well as the destruction of women’s sports and childhood education with “gender lunacy.”

SPOT SAYS “Make The Media The 2022 Issue”

Calling national media  “the most powerful and corrupt institutions in America” seeking to “smear” GOP candidates and protect their own “chosen candidates,”  TV SPOT asks voters to “send a message to the media bosses” who are “corrupting American journalism” and give them a “miserable election night” by asking Kelly for answers 

“Get back at those who have corrupted journalism and seek to crush dissent and who smear Kelly’s opponent.”

TV Spot says — the MEDIA, AS ONE OF AMERICAS MOST CORRUPT INSTITUTIONS, COVERED UP — 1) China virus leak, 2) Hunter Biden laptop scandal, 3) illegal wrongdoing by Clinton and Biden, 4) FBI harassment of political dissenters,  5) never apologized for two years of its Russian collusion hoax, 6) promoted smears and civil rights violations against conservatives, 7) conducted phony impeachments and totalitarian style show trials, and 8) covered up Bidens ill health and incompetence by letting him run from his basement.

THE AD SHOWS KELLY AS BIDEN’S AND SCHUMER’S “CHIEF ENABLER” ON :

           HUGE SPENDING BILLS CAUSING SHATTERING INFLATION AND RECESSION

           SHUT DOWN PIPELINES, DROVE UP GAS PRICES

           CAUSED FOOD SHORTAGES EVEN BABY FORMULA

           OPPOSING SCHOOL REFORM

           SUPPORTING POLITICIANS WHO VIOLATED THEIR OWN LOCKDOWNS AND DESTROYED SO MANY BUSINESSES. (Pelosi, DeBlasio, Cuomo, Newsom)

           DESTROYING WOMEN’S SPORTS AND CHILDHOOD EDUCATION WITH GENDER LUNACY (Pix of Lia the swimmer and drag queens at kindergarten) 

           DESTROYING ELECTION INTEGRITY BECAUSE HE BACKED BIDEN-SCHUMER  — “Kelly even voted for a federal takeover of Arizona’s election that would corrupt the secret ballot and completely reduce Arizona’s historic role in presidential elections”

The Ad Hits Senate Democrats “SCORCHED-EARTH” and “RULE-OR-RUIN” ATTACK ON AMERICAN DEMOCRATIC INSTITUTIONS

The Ad points out that the Left’s Agenda — one that Kelly fully supports — WILL DESTROY – 

           THE SUPREME COURT

           THE SACRED SECRET BALLOT (No voter ID, unlimited vote harvesting and mail-ins and DC bureaucratstakeover of elections)

           CITIZENSHIP  (Open borders)

           US SENATE  (Add new states, no filibuster

           ELECTORAL COLLEGE  (Elections decided by a few counties in a few states)

           AND IMPOSE AN ANTI-CHRISTIAN AND ANTI-CATHOLIC RELIGIOUS TEST FOR FEDERAL OFFICE 

“The GOP has never gotten across to the people how those bills would have destroyed the secret ballot, put Department of Justice bureaucrats in charge of our elections, abolished citizenship rights, packed the Supreme Court into irrelevance, radically changed the U.S. Senate, and made a few states the only thing that mattered in presidential elections by abolishing the Electoral College,” said Landrith. 

              

TO SEE FRONTIERS OF FREEDOM ACTION’S GROUND BREAKING TV SPOT AGAINST CHUCK SCHUMER CLICK <HERE>


The Frontiers of Freedom Weekly Report – 9/30/22

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With George Landrith, Tom Donelson, Larry Fedewa & Joe Mangiacotti

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LINK — https://rumble.com/v1m67qm-frontiers-of-freedom-weekly-report-sept.-30-2022.html

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Comparison of Republican States and Democratic States from August 2020 to August 2022

By Tom Donelson, Senior Fellow

Since August 2020 and during the pandemics, there has been one constant: unemployment in Republican states have been significantly lower than in Democratic states. The chart below shows this 

In August of 2020 unemployment for states with Democratic governors was 8.4 compared to 6.4 unemployment for Republican governors and in August 2022, unemployment under Democratic governors was 3.7 percent and under Republican governors was only 3 percent.

We also compared states with exclusively one-party control of the both the legislature and the executive  with branch mixed control with one party who split control of the lever of power and found differences. Republicans who control both the legislature and governor seats, had an unemployment rate of 2.8 percent compared to Democrat states who control both the governor seat. and the legislature had an unemployment rate of 4 percent. Those who had mixed government had an unemployment rate of 3.4.   

Completely run blue states had 30 percent more unemployment than completely run red states and these Democrats run states were even behind those states with split control. We did not find a difference between states with Republican governors and split government and Democratic governors with split government as GOP governors was 3.4 percent and Democratic governors was 3.3 percent. When we combined GOP governors and split governance, we see the unemployment is 3 percent. 

We also compared the top four most populous states with Republican governors: Florida, Ohio, Texas, and Georgia to top four populous states with Democratic governors: New York, California, Pennsylvania, and Illinois. States with Republican governors had unemployment of 3.4 percent and two, Florida and Georgia, were below the national average and below 3 percent. The Democratic states averaged 4.4 percent and not one of these states were below the national average. Not one Democratic state had unemployment less than 4.1 percent. 

The main reason for this difference is that Republican states open their economy earlier during the Pandemics compared to Democratic states. While some GOP states were aggressive with lockdowns initially, GOP states reduce restrictions, and this showed up in the lower unemployment.

Dr. Wilfred Reilly conducted three studies on the impact on the lockdown and found that there were no real differences in deaths per capita and both non-lockdown states and Republican states had lower unemployment compared to lockdown states and Democratic states. 1 Unemployment for non-lockdown states was 5.5 percent and for Republican states 6.4 percent whereas lockdown states and Democrat states unemployment was 8.2 percent in August of 2020. 

In winter of 2020, many states reinstate lockdowns and in reviewing those states in August 2022, the unemployment was 3.5 percent for lockdown states compared to 2.8 percent for non-lockdown states. In both studies, all the non-lockdown states had Republican governors and in those states in which Democrats ran all phrase of government, the unemployment rate was 4 percent. 

What we find for the past two years is that Republican states have lower unemployment compared to their Democratic counterpart and we found this difference most significant. Other studies support this including a report card by Casey Mulligan, Phil Kerpen and Steve Moore. They observed, “Economy and schooling are positively correlated (correlation coefficient = 0.43), which suggests a relationship between the willingness of the population (or its politicians) to resume normal activity in business and school. MT, SD, NE, and UT are the states’ highest on the economy score and among only seven states to exceed 85 percent open schools. The correlation between health and economy scores is essentially zero, which suggests that states that withdrew the most from economic activity did not significantly improve health by doing so.”2  

  1. Ignored cost: Effect Yes-No lockdown states along with Red-Blue states political partisanship and other variables on April-August unemployment across the United States. Sept 2020
  2. A FINAL REPORT CARD ON THE STATES’ RESPONSE TO COVID-19 by Casey Mulligan, Phil Kerpen and Steve Moore April 2022

Frontiers of Freedom Action Super PAC TV Spot: Schumer’s Extremism & the Media’s Collusion

By JPMFrontiers of Freedom

. . – . .

.-.-.-.-.

. . – . .

AMAC — PAC to Senate GOP: Attack Crooked Media and Schumer’s “Corrupt Bargain with Extremists”

. . – . .

An Association of Mature American Citizens (AMAC) Exclusive by Seamus Brennan

. . – . .

In an upstate New York TV blitz alleging that the media is “the most powerful and corrupt institution in America” seeking to “smear” GOP candidates and protect their own “chosen candidates,” a conservative Super PAC is asking voters to “send a message to the media bosses” who are corrupting American journalism and give them a “miserable election night” bydefeating Senate Majority Leader Chuck Schumer (D-NY).

. . – . .

In addition to focusing on Schumer as President Joe Biden’s “chief enabler”—complete with news footage of various Biden foreign and domestic policy fiascos—the strikingly vivid two-minute spot features an image of the far-left Democraticrepresentatives known as the “Squad,” led by Alexandria Ocasio Cortez (D-NY), and charges: “Schumer made a corrupt bargain with left-wing extremists to not run a primary against him if he pushed far-left positions.”

. . – . .

The ad then lists Schumer’s close ties to radical groups that he has “never had to denounce,” which seek to “defund the police” and “destroy the New York City Police Department.” It also targets Schumer’s “dark money alliance with notorious anti-American billionaire George Soros, who funded all the lawless prosecutors like Alvin Bragg” (a controversial soft-on-crime New York City district attorney). It also ties Schumer to opposition to school reform and parental rights, as well as the destruction of women’s sports and childhood education with “gender lunacy.”

. . – . .

The ad, which launched on Thursday, August 25 on nightly news programs in the Buffalo, Rochester, and Syracuse markets,is set to run through next week.

. . – . .

“Our ad is a template for all Republican candidates because every single Senate Democrat—Mark Kelly(D-AZ), Raphael Warnock (D-GA), Maggie Hassan(D-NH), and Catherine Cortez Masto (D-NM)—agreed to vote with the far-left wing of the party so long as they didn’t have to face a primary,” said George Landrith, Chairman of Frontiers of Freedom Action(FFA),the group who ran the ad.

. . – . .

“Any one of them, as the 50th Senator, could have stopped the Biden agenda—but they didn’t, because they put the wishes of the far left above the wishes oftheir constituents. They essentially said, ‘Don’t primary me, and I will vote your way,’” Landrith said.

. . – . .

“Most people in these states still find it hard to believe these Senators became extremists,” Landrith continued,“but when you explain why they were so frightened of a well-financed primary challenge, they understand.”

. . – . .

“The corrupt media’s firestorm of attacks on Republican candidates is coming in the fall, and the only way to stop it is to get ahead of it,” Landrith said,a theme echoed by an ad released by Governor Ron DeSantis (R-FL) this week, which attracted attention for taking aim at the corruption of the corporate media.

. . – . .

The first minute of the New York ad focuses predominantly on the media for trying to “crush dissent” and hide corruption,after displaying headlines about media scandals and smears—including its handling of the China Virus leak, censorship of the Hunter Biden laptop story, promotion of the Russian collusion hoax, coverup for Hillary Clinton’s email scandals, and refusal to report on Biden’s blackmailing of the Ukrainian government. The ad also lists other political smears, like those against General Michael Flynn, students at Covington Catholic High School, and parents protesting anti-Americanism in their local schools.

. . – . .

The FFA ad goes on to blame the media for electing Joe Biden “by letting him run “from his basement” and “covering up his incompetence and ill health.” The ad also deems him to be “the worst president in modern history,” and features videos of Biden falling up the stairs on Air Force One and taking directions from the Easter Bunny at a White House event with the headline “EASTER BUNNY RUNS WHITE HOUSE EVENT.”

. . – . .

The spot then quickly switches to a photo of Schumer as “Biden’s chief enabler” and shows footage of a gleeful Biden and Schumer at a White House signing event for legislation that the GOP and most economistssay will drive inflation higher.

. . – . .

“First, you have the networks and newspapers. Second, you have the left-wing extremists like Chuck Schumer who run the Democratic Party. We are saying they are one and the same entity,” Landrith charged.

. . – . .

“Our ad changes the false media narrative from the supposed imperfections of GOP candidates to the massive national disadvantage of Democrats. Every single Senate Democrat is imperiled by their Biden identification, and especially by their corrupt bargain with the leftists that have taken over their party,” Landrith said.

. . – . .

Landrith is also optimistic that by focusing on the media’s deliberate one-sidedness—from its partisan coverage of this month’s Mar-a-Lago raid to itshabitual protection of Democratic candidates and politicians—the ad could elicit turnout from moderate or independent voters concerned with media corruption and the radicalism of Schumer’s agenda. “It’s very important to control the word ‘extremist,’” he said.

. . – . .

Additionally, the ad notes the Biden-Pelosi-Schumer attempt to push a radical takeover of elections—as well as efforts by other Democrats to alter the makeup of the U.S. Supreme Court, U.S. Senate, American citizenship, and the Electoral College—represents a“scorched-earth rule-or-ruin” attack on longstanding American democratic institutions.

. . – . .

“The GOP has never gotten across to the people how those bills would have destroyed the secret ballot, putDepartment of Justice bureaucrats in charge of our elections, abolished citizenship rights, packed the Supreme Court into irrelevance, radically changed the U.S. Senate, and made a few states the only thing that mattered in presidential elections by abolishing the Electoral College,” said Landrith.

. . – . .

The spot’s release comes nearly two months ahead of the November 8 midterm elections, as Democrats amp up their fight to retain their control of Congress. Though Schumer himself at the moment is not regarded as politically vulnerable going into the fall midterms, FFA notes that some segments of the New York population—particularly upstate New York—might be receptive to attacks on Schumer’s startling record of radicalism. Just as ad campaigns in last fall’s New Jersey gubernatorial race (another deep-blue state) yielded far closer results than initially anticipated, FFA hopes that it can help to replicate the close matchup with this week’s spot.

. . – . .

“New Jersey could have a GOP Governor today if the D.C. establishment wasn’t so cautious,” Landrithstated. “Republicans need to stop playing defense and expand the Senate map.”

. . – . .

As Election Day draws closer and Democrats continue to accelerate their attacks against Republican candidates, FFA’s ad could help to expose Schumer’s radical agenda in a way the mainstream media has failed to do. And should it succeed, FFA’s strategy could prove instrumental in holding Schumer and other far-left politicians across the nation accountable for the first time in recent memory.

. . – . .

READ THE ORIGINAL AMAC EXCLUSIVE ARTICLE BY SEAMUS BRENNAN <<HERE>>

. . – . .

. . – . .

Frontiers of Freedom Action Press Release: Frontiers of Freedom Super PAC TV Spot says: “Defeat Liberal Extremist Chuck Schumer” Because “Media Is the 2022 Issue.”

. . – . .

August 25, WASHINGTON, DC – Asking New Yorkers to “send a message to the media bosses, to the networks and newspapers that are the most corrupt institutions in America” by defeating “their chosen candidate,” FRONTIERS OF FREEDOM ACTION, a Super PAC, has launched an upstate New York TV media blitz against U.S. Senator Charles Schumer (D-NY).

…\ . . .- – 

The 120 second TV spot is playing in New York‘s four major upstate media markets (Buffalo, Syracuse and Rochester ) starting Thursday and continuing through Wednesday of next week. The ad features news headlines that its sponsors say backs up the allegations.

…\ . . .- – 

“Every single allegation is backed up with on-screen news stories and headlines. We also have a fact sheet on our website,” said the group’s chairman George Landrith. “We cite specifics about why for the media bosses Schumer is their chosen candidate.”

…\ . . .- – 

MAJOR UPSTATE PUSH: 2-MINUTE SPOT ON BUFFALO, SYRACUSE, ROCHESTER NIGHTLY NEWS 

…\ . . .- – 

Quotes from George Landrith:

.-.-.-.

“THE CORRUPT MEDIA’S FIRESTORM OF ATTACKS ON REPUBLICAN CANDIDATES IS COMING IN THE FALL AND THE ONLY WAY TO STOP IT IS TO GET AHEAD OF IT.”

…\ . . .- – 

“THIS CHANGES THE MEDIA NARRATIVE FROM IMPERFECTIONS OF GOP CANDIDATES TO THE MASSIVE NATIONAL DISADVANTAGE OF DEMOCRATS BECAUSE OF THEIR FAR-LEFT LURCH AND AGENDA.”

…\ . . .- – 

 -EVERY SENATE DEMOCRAT IS IMPERILED BY THEIR BIDEN IDENTIFICATION AND THEIR CORRUPT BARGAIN WITH THE LEFTIST EXTREMISTS THAT HAVE TAKEN OVER THEIR PARTY —- “DON’T PRIMARY ME AND I WILL VOTE YOUR WAY”

…\ . . .- – 

  “– FIRST, YOU HAVE THE NETWORKS AND NEWSPAPERS. SECOND YOU HAVE THE LEFT-WING EXTREMISTS LIKE CHUCK SCHUMER WHO RUN THE DEMOCRATIC PARTY. WE ARE SAYING THEY ARE ONE AND THE SAME ENTITY,” says super PAC Chairman

…\ . . .- – 

THE AD SAYS SCHUMER is

“MEDIA’S CHOSEN CANDIDATE”

“BIDEN’S CHIEF ENABLER” 

“MADE CORRUPT BARGAIN” WITH PROGESSIVE LEFT TO NOT TO RUN A PRIMARY AGAINST HIM

…\ . . .- – 

“SCHUMER GETS FREE RIDE FROM MEDIA” SO NEVER HAS TO DENOUNCE EXTREMISTS WHO WANT TO DEFUND THE POLICE, DESTROY NEW YORK POLICE DEPARTMENT AND SUPPORT SOFT-ON-CRIME PROSECUTORS.

…\ . . .- – 

“The media is always demanding GOP denounce extremists but will never hold Democrats like Schumer to that standard.”  

…\ . . .- – 

CHUCK SCHUMER IS POSTER BOY FOR DEMOCRATIC SENATE CANDIDATES IN BLUE STATES WHO SOLD THEIR POLITICAL SOULS TO THE LEFT TO AVOID A PRIMARY-ESTABLISHMENT

…\ . . .- – 

BLUE STATE SENATORS COULDN’T RUN UNLESS THEY 

…\ . . .- – 

VOTED FOR BIDEN’S FAR LEFT AGENDA 

…\ . . .- – 

SCHUMER IS A GREAT BLUE STATE OPPORTUNITY FOR GOP

…\ . . .- – 

 “NEW JERSEY COULD HAVE A GOP REPUBLICAN GOVERNOR TODAY IF THE DC ESTABLISHMENT WASN’T SO CAUTIOUS”

…\ . . .- – 

TV Spot says MEDIA IS AMERICA’S MOST CORRUPT INSTITUTION COVERED UP 1) China virus leak, 2) Hunter Biden laptop scandal, 3) illegal wrongdoing by Clinton and Biden, 4) FBI harassment of political dissenters, 5) never apologized for two years of its Russian collusion hoax, 6) promoted smears and civil rights violations against conservatives, 7) phony impeachments and show trials, 8) covered up Biden’s ill health and incompetence by letting him run from basement.

…\ . . .- – 

SCHUMER AS BIDEN’s “CHIEF ENABLER” 

HUGE SPENDING BILLS CAUSING SHATTERING INFLATION AND RECESSION.

SHUT DOWN PIPELINES, DROVE UP GAS PRICES

CAUSED FOOD SHORTAGES EVEN BABY FORMULA

AND OPPOSING SCHOOL REFORM.

SCHUMER RECKLESSLY THREATENED BY NAME SUPREME COURT JUSTICE KAVANUGH

SUPPORTS POLITICIANS WHO VIOLATED THEIR OWN LOCKDOWNS ABD DESTROYING BUSINESSES (Pelosi, DeBlasio, Cuomo, Newsom)

DESTROY WOMEN’S SPORTS AND CHILDHOOD EDUCATION WITH GENDER LUNACY (Pictures of Lia the swimmer and drag queens at kindergarten)

HIS “SCORCHED-EARTH” “RULE-OR -RUIN” ATTACK ON AMERICAN DEMOCRATIC INSTITUTIONS

WILL DESTROY – 

THE SUPREME COURT

THE SACRED SECRET BALLOT (No voter ID, unlimited vote harvesting and mail-ins & DC bureaucrats’ takeover of elections)

  CITIZENSHIP  (Open borders)

US SENATE  (Add new states, no filibuster

ELECTORAL COLLEGE   (Elections decided by a few counties in a few states)

IMPOSE ANTI-CATHOLIC RELIGIOUS TEST FOR FEDERAL OFFICE

…\ . . .- – 

SCHUMER AS “CHOSEN CANDIDATE OF LIBERAL MEDIA BOSSES” MEANS GOP CAN TAP INTO “PEOPLE’S FURY” AT THE MOST POWERFUL AND CORRUPT POLITICAL FORCE IN AMERICA–MEDIA BOSSES WHO ARE “COVERING UP TRUTH ABOUT THEIR CHOSEN CANDIDATES”

“NO LONGER REPUBLICANS VS DEMOCRATS BUT MEDIA BOSSES VS. AMERICA.”

IDEOLOGUES AND POLITICAL HATERS

 MOST OF ALL, SEND A MESSAGE TO THE MEDIA BOSSES

TO THE NETWORKS AND NEWSPAPERS THAT ARE THE MOST CORRUPT INSTITUTIONS IN AMERICA

THEY ARE THE OPPOSITION PARTY — THE 2022 ISSUE.

THEY WILL SMEAR ANY OPPONENT AND SHUT DOWN CAMPAIGN ADS (Conscience, Truth, Fair Play mean nothing)

THEY SEEK TO CRUSH DISSENT

SO GIVE THOSE WHO HAVE CORRUPTED JOURNALISM A MISERABLE ELECTION NIGHT

DEFEAT LIBERAL EXTREMIST CHUCK SCHUMER

MAKE THIS A WAVE ELECTION (“Nationalize” the election)

ELECT NO DEMS

NO LIBERAL EXTREMISTS

SEND A MESSAGE


Poorly Named Inflation Reduction Act Now Law: Pandora’s Box is Open

By Peter RoffAmerican Liberty

National Democrats are no doubt pleased with themselves over the way they put another one over on the American people. The poorly named Inflation Reduction Act, now law, puts in place the framework they need to create their oft-wished-for progressive utopia.- Sponsored –

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It will do many things. Bringing inflation down, unfortunately for us all, is not one of them. Under President Joe Biden’s leadership, the economy has disintegrated to the point prices are rising faster now than at any time since the 1970s.

The first thing to do, in a case like that, is to stop spending. The new Biden-backed law proposes more than $500 billion in new spending over ten years, offset by what supporters of the new law argue will be $700 billion in new revenues obtained through higher taxes and more rigorous random audits, which does exactly what most serious economists recommend against in such times as these.

We are in a recession, make no mistake about it. Revised data released Thursday by the U.S. Commerce Department show the economy shrank by 0.6 percent in the second quarter of 2022 which, while not quite the 0.9 percent originally reported is still a sign that things are slipping.

The overall inflation number may be down a bit too, but that’s because the price of gasoline is coming down — though not for the reasons the Biden administration would have you believe. Energy Secretary Jennifer Granholm credits production increases for the price drop but absurdly includes in her calculations the nearly one million barrels per day of oil being released from the national strategic petroleum reserves by the president.

For those who don’t follow the economics of energy, that’s not an increase in production: It’s double counting. Those oil sticks have already been produced. The reason the price is coming down is that demand is coming down because the global economy is cooling off. This chart prepared by the Committee to Unleash Prosperity’s E.J. Antoni shows what’s going on:

The prices of other essential goods like foodstuffs continue to rise at frightening rates, meaning inflation will be with us for some time to come despite the legislation just shepherded through Congress by Democrats Chuck Schumer of New York and West Virginia’s Joe Manchin. All the new spending and mandates they jammed into the bill, especially what’s there to push the transition to green energy, are going to distort prices in the energy market and make matters worse.

The White House may try to dismiss that as a GOP talking point lacking a factual basis. Let them try, considering it’s been confirmed by independent, non-partisan entities including the Congressional Budget Office and Joint Tax Committee, and by a Penn/Wharton study.

Taking advantage of the public’s concerns about inflation — a Rasmussen Reports national survey found it to be the No. 1 issue on the minds of the American people — Schumer and Manchin put together a bill that repackaged much of what had been included in Biden’s twice-rejected Build Back Better bill, giving the party’s progressive wing its biggest victory in years. Party leaders, including the president, plan to spend much of September traveling the country trumpeting its supposed benefits to woo disaffected liberals back into the party before voting begins. They’ll succeed, and the numbers coming out of Tuesday’s primary elections in New York and Florida, and elsewhere suggest they already are because too many people don’t understand what the bill does and many who do won’t tell the truth about it for fear of being dismissed or attacked.

Offered as support for this theory is the fact many Democrats — and the bill passed with only Democratic votes — have already pivoted away from talking about it as a measure to bring inflation under control. Instead, they’re singing its praises as a measure that does more to combat what they call the threat of climate change than any measure passed in decades and highlighting its ill-conceived plan to cap the price of some prescription drugs.

Both measures are likely to do more harm than good because they will produce consequences that were either overlooked or deliberately ignored as the bill was being drafted. One of their biggest boasts, for example, is the notion the green energy measures in the bill will bring the rate of U.S. carbon emission production down by 40 percent by the year 2030. If that were true, it would be a big deal.

What they omit from their press releases and speeches, however, is that those same emissions were already projected to decline by 30 percent by 2030, meaning the U.S. taxpayers are spending nearly $400 billion to bring the global mean temperature down by less than a full degree — but that’s only if the Chinese stop building plants that use coal to produce electricity, which they clearly are not going to do.

The price tag for this imperceptible, perhaps unachievable temperature change — again, thank you, China — is matched by the costs imposed on working families by new taxes on the energy sector. The GOP members of the House Ways and Means Committee estimate working families will be, from an economic standpoint, disproportionally harmed by provisions including a $25 billion crude oil tax and methane taxes that will drive up the price of gasoline and the cost of operating traditional home heating and cooling systems.

The taxes included in the bill will also take a big bite out of the paychecks of people at the lower end of the economy. The Joint Tax Committee estimates more than 92 percent of households with incomes under $200,000 will either see their taxes rise or get no benefit at all. Median-income families earning between $50,000 and $75,000 will be 33 percent more likely to get a tax hike than a tax cut. Families earning $75,000 to $100,000 will be four times more likely to get a tax hike and families earning more than that up to $200,000 will be more than 10 times more likely to see their taxes go up without any adjustment in marginal rates.

That, in case there was any doubt, makes a lie out of Joe Biden’s oft-repeated promises that no one making less than $400,000 will see the amount they pay in taxes go up by as much as one thin dime. Meanwhile, the percentage of $1 million-plus households that will get a tax cut — 19.4 percent — is twice as high as any other income group, followed by those households where the annual income is between $500,000 and $1 million.

The impact on the price of prescription drugs is being equally distorted. Capping the price of current drugs will impede the discovery of new ones. Those that are created and make it to market will do so at higher prices than might have been the case had House Speaker Nancy Pelosi’s price control scheme not been adopted. As a result, Americans will be spending more at the pharmacy and on health insurance premiums, something that is again unnecessary and inflationary.

The Inflation Reduction Act, about which you will hear much over the next few weeks though perhaps not under that name, will accelerate the increase in inflation, not bring it down. Consumer prices are headed skywards, even if the price of gasoline continues to come down. In sum, it makes living in America less affordable in the future than it was when Joe Biden took office. That’s not what people expected would happen. They have the right to know why it will.


Studies Show Biden’s Illegal Student Debt Scheme Is Welfare For The Rich

By Tristan JusticeThe Federalist

Cash crumpled on an American flag
IMAGES MONEY/ FLICKR/CC BY 2.0

President Joe Biden is expected to announce $10,000 of student loan “forgiveness” for low- and middle-income Americans earning less than $125,000 on Wednesday. While the move is ostensibly to give lower-income Americans a lift in Biden’s recession, a closer look at the numbers shows it will disproportionately aid those who are better off.

According to an analysis of Biden’s plan from the University of Pennsylvania out Tuesday, such a wide-ranging bailout will come with a price tag of $300-$980 billion for American taxpayers. Furthermore, the university calculated, “Between 69 and 73 percent of the debt forgiven accrues to households in the top 60 percent of the income distribution.”https://6d58ce0d7a048c3f08548369ea10f680.safeframe.googlesyndication.com/safeframe/1-0-38/html/container.html

The school’s conclusion is supported by prior data analyzed by the liberal Brookings Institution in 2020 as Democrats vying for the presidential nomination touted similar loan forgiveness as central to their platforms.

According to Brookings, “the highest-income 40 percent of households (those with incomes above $74,000) owe almost 60 percent of the outstanding education debt and make almost three-quarters of the payments.”

“The lowest-income 40 percent of households hold just under 20 percent of the outstanding debt and make only 10 percent of the payments,” the Washington D.C. think tank published along with the chart below:

https://www.brookings.edu/blog/up-front/2020/10/09/who-owes-the-most-in-student-loans-new-data-from-the-fed/

Meanwhile, students who took the loans are far better equipped to pay them off than many other American taxpayers. A typical worker with a bachelor’s degree is likely to earn nearly $1 million more over their career lifetime than the same person with just a high school diploma.

“About 75 percent of student loan borrowers took loans to go to two- or four-year colleges; they account for about half of all student loan debt outstanding,” the Brookings Institute reported in January 2020. “The remaining 25 percent of borrowers went to graduate school; they account for the other half of the debt outstanding.”

At the same time, the White House’s unilateral plans are legally questionable at best. In January last year, the Department of Education released an eight-page memo stating that the agency lacks the statutory authority to “cancel, compromise, discharge, or forgive, on a blanket or mass basis, principal balances of student loans, and/or materially modify the repayment amounts or terms thereof.”

In other words, without congressional approval, Biden’s decision to wipe out a minimum of $300 billion in student debt at the stroke of a pen is unconstitutional, according to the department.


Even Biden’s Favorite Economist Says Inflation Reduction Act Won’t Reduce Inflation

White House touts report that says Americans will see no change in inflation due to the bill until late 2023

By Joseph SimonsonThe Washington Free Beacon

The $433 billion Inflation Reduction Act will have no meaningful impact on consumer costs, according to the economist President Joe Biden cites most often.

By the end of 2031, the latest Democratic reconciliation bill would shave just .33 percent from the Consumer Price Index, the traditional inflation metric, according to a report from Moody’s Analytics chief economist Mark Zandi. The current CPI is 9.1 percent, the highest in over 40 years.

Zandi and his coauthors say the Inflation Reduction Act will only “nudge the economy and inflation in the right direction.” And that conclusion strains the definition of “nudge.” Americans will see no change in inflation due to the bill, the report states, until the third quarter of 2023—a .01 percent decrease.

Zandi’s analysis is often shared by the White House or the president himself. During a February 2021 speech, Biden cited Zandi’s work twice while pitching his economic agenda. In July of last year, Senate Majority Leader Chuck Schumer (D., N.Y.) called on lawmakers to read Zandi’s favorable report on the bipartisan infrastructure bill.

But Zandi’s latest findings have not deterred the White House. Both Chief of Staff Ron Klain and Deputy Press Secretary Andrew Bates retweeted a CNN reporter’s tweet that quotes the report as saying the bill will “meaningfully address climate change and [reduce] the government’s budget deficits.”

The White House’s celebration of the report signals how desperate they are to pass a budget reconciliation package before the midterm elections. Initially named “Build Back Better,” the bill has seen a number of rebranding attempts as voters increasingly sour on Biden’s presidency over the economic concerns.

Zandi and his coauthors conclude that the inflation reduction bill lowers consumer costs for some medications, something the White House highlighted, although they decline to specify the total savings. Moreover, the deflationary benefits from lower health costs, the authors write, do not kick in until “mid-decade.”

“Moreover, large corporations will attempt to pass through some of their higher tax bill to consumers in higher prices for their wares,” the authors write, although they add that this may be difficult “in competitive markets.”

The immediate impact of the bill may also slow growth as well, the authors find. Starting in late 2023 for over a year, according to data in the report, the bill will slightly shave off expected GDP growth. Despite those data, the authors say the Inflation Reduction Act will add “an estimated 0.2 percent” to GDP by the end of 2031.

The Inflation Reduction Act contains $433 billion in spending and purports to raise $750 billion in revenue from higher taxes and lower Medicare prescription drug costs. A report from the nonpartisan Congressional Joint Committee on Taxation found that, despite White House claims, Americans making below $400,000 a year would see higher taxes.

Sen. Joe Manchin (D., W.Va.), who led negotiations on the bill, grew defensive when asked by Fox News about tax provisions in the bill and whether the bill will meaningfully address inflation.

“I know people who don’t like the president and don’t like Democrats might be upset,” Manchin said. “It is not whether you like the president or you like Democrats. Do you like America? Do you want to fight inflation? This bill does it.”


A Republican Majority by Default?

By Peter RoffNewsweek

It’s a remarkable feat—something not just anyone could accomplish. Yet in just a few short months, President Joe Biden managed to turn the recovery around. It’s not clear how he did it, but the boom for which he liked to take credit is officially over.

Of course, the White House doesn’t want to say that. It would be politically bad to acknowledge the situation that now exists. To avoid that, senior presidential aides and Cabinet secretaries like the Treasury Department’s Janet Yellen have been forced to turn rhetorical cartwheels while trying to explain that it isn’t really what the data tell us it is.

Team Biden has masterfully avoided the invocation of the word usually employed after two consecutive quarters of what the economists call “negative growth.” Call it what you want—some good alternative phrases like “economic Joe-down” and “Joe-cession” have already seeped into the conversation—the economic numbers don’t help Biden’s cause right now.

His unpopularity isn’t new news. A recent CNN poll found that 75% of Democrats who plan to vote in 2024 hope to have someone other than Biden for whom to cast their ballots. State by state, Biden’s favorable/unfavorable ratings are underwater in more than 45—including such liberal bastions as Massachusetts and even his home state of Delaware, where he’s down by seven.

Why is he so unpopular? Real wages are falling, income is down, and prices are up. That’s fact, not opinion or carefully structured analysis. Biden may think there’s plenty of good news out there, that it “doesn’t sound like a recession to me,” but it sure feels like a recession to the American people.

It would seem all that is good for the GOP’s prospects to pick up control of the U.S. House and Senate come election time—and by wide margins. The anti-Biden tide is going to swamp some boats that expect to ride the storm out—as happened in 1978, 1980, 1994, and 2010, when unpopular policies pushed by the occupant of the White House cost the president’s party seats it should not have lost.

How, then, with the Democrats seemingly in their worst political shape in nearly 50 years, does one explain a spate of recent polls like the one released last Tuesday in USA Today, showing them with a four-point lead—44% to 40%—over the GOP on the congressional generic ballot? Especially, that is, after the Republicans have been nearly double-digit dominant on the question of “Which party do you want to control Congress after the next election?” for many months now.

House Minority Leader Kevin McCarthy (R-CA) speaks
House Minority Leader Kevin McCarthy (R-CA) speaks during his weekly news conference at the U.S. Capitol on February 27, 2020 in Washington, D.C.MARK WILSON/GETTY IMAGES

It doesn’t make sense—especially, as Rasmussen Reports said last Monday, with just 23% of likely U.S. voters thinking the country is headed in the right direction. The reason for the bump producing this apparent reversal of the Democrats’ political fortunes may have something to do with statistical manipulation. Pollster John McLaughlin told this publication that the USA Today poll had the two major parties “in equilibrium at 31%,” but because it sampled registered voters and not those considered likely to vote, “it waters down the GOP generic vote” considerably. “A lot of [the Democratic] respondents will not vote,” he added.

He may be right. A Rasmussen Reports poll of likely voters released on Friday found Republicans with a five-point lead on the generic ballot. That’s the upside. The downside is the voters may be souring on the GOP—and these new polls may be right, because the GOP is failing to offer voters an appealing alternative to the Biden agenda.

American elections are usually binary: this candidate or that one. Third-party candidates rarely win, and rarely have an impact. Most people pick either the Democrat or the Republican when they pull the lever. And right now, the GOP seems headed to a majority by default. They’ll win because they’re not “them”—Democrats. Biden and the progressives have overreached, something even the USA Today poll showed. They aren’t winning converts to their cause; they’re losing them.

If the GOP wants to lock down its hoped-for majority down, it needs to explain to its whole coalition of voters—the independents open to voting Republican, the moderates, the free marketeers, the social conservatives, and others—what the party’s plan is to get the economy moving, secure America’s borders and position in the world, and bring back the nation’s spirit. And the GOP must do so without driving its likely voter blocs into separate corners.

It’s a tall order that party leaders seem reluctant to embrace. They have about 100 days to come up with a plan to bring all these parts together and help voters make up their minds. In doing so, if that’s what they intend, they need to remember former House Majority Leader Dick Armey’s axiom: “When we act like us, we win. When we act like them, we lose.”


Misguided Policy Proposals Won’t Solve America’s Energy Crisis

By George LandrithTownhall

Source: AP Photo/Jeff Chiu

Americans are experiencing an energy crisis with gasoline and diesel fuel at historically high prices. President Biden has been releasing a million barrels a day from the nation’s strategic oil reserve and it is now at its lowest level in decades. Likewise, it is unsettling to watch the President travel abroad begging for oil rich nations to produce more oil. Another typically hot summer is driving up energy demands for electricity and adding to the feeling that this energy crisis is real and isn’t merely a function of high gas prices. 

All of this is happening while the Administration is arguing that we should be driving electric vehicles. But as even Elon Musk, the number one producer of electric vehicles in the U.S. has pointed out, there simply isn’t enough electricity nor can our electrical grid handle the demand of millions of electric vehicles plugged in every night to recharge. 

One of the problems with complex issues is that policymakers often suggest absurdly harmful solutions that won’t work in real life. America’s current energy woes cannot actually be solved by a sudden switch to electric vehicles. Nor can the problem be solved by depleting the strategic oil reserve. But oddly enough these are not the most absurd policy suggestions. Some of the proposed solutions are even more misguided. 

For example, some have suggested that we repeal the Jones Act, which requires ships operating within the United States between two or more U.S. ports to be American ships with American crews. They seem to think that allowing foreign ships with unvetted and unknown foreign crews to sail up and down America’s 25,000 miles of inland water ways will somehow solve our energy problems, a policy prescription that borders on the insane or at least the inane. 

When pressed, they use the energy crisis and argue that liquefied natural gas (LNG) could be shipped more cheaply in the United States via foreign vessels as the American fleet isn’t currently prepared to ship massive quantities of LNG (which requires a specialized fleet). But here’s the problem with this policy prescription — pipelines are by far the cheapest and safest way to transport natural gas and petroleum products across the United States. So, if you’re worried about the expense of transporting LNG, you should support the construction of more pipelines, not the repeal of the Jones Act. 

If you repeal the Jones Act, all you would gain a relatively expensive way to transport LNG that would also pose more risks and dangers. In exchange, you would also lose all the benefits of the Jones Act. 

The Jones Act is a critical part of our military readiness and ability to supply our military. Former Vice Chairman of the Joint Chiefs of Staff, General Paul Selva said, “I am an ardent supporter of the Jones Act. [The Act] supports a viable ship building industry, cuts cost and produces 2,500 qualified mariners. Why would we tamper with that?” Admiral Paul Zunkunft also said, “You take Jones Act away, the first thing to go is these shipyards and then the mariners…. If we don’t have a U.S. fleet or U.S. shipyard to constitute that fleet how do we prevail?” 

But the Jones Act isn’t just important to our military strength, it actually helps border security and homeland security as well. The law allows the primary focus of our security efforts to be on the outer perimeter of our country and the American ships and American crews who are both vetted and trained become the eyes and ears on America’s inland water ways. The taxpayer doesn’t have to pay them or pay for their boat to do that. They do all of that while they’re doing their normal job. 

As Michael Herbert, former Chief of the Customs & Border Protection’s Jones Act Division of Enforcement said, “We use the Jones Act as a virtual wall. Without the Jones Act in place, our inland waterways would be inundated with foreign flagged vessels.” 

The truth is — if we were to repeal the Jones Act, any foreign ship, with an unknown and unvetted crew, carrying unknown cargo, equipment, and even weapons, could sail up the Mississippi and along America’s vast inland water ways, gaining access to America’s heartland.

Once you know the facts, it is clear that those suggesting we repeal the Jones Act — whether they realize it or not — are really suggesting that we allow Chinese, Russian, North Korean, and Iranian ships and crews, which would likely be carrying spies and covert operatives, to deploy inside America’s heartland with high-tech listening devices and tools of sabotage. They are also suggesting that America’s military capacity be significantly weakened and undermined. 

Given that pipelines are both cheaper and safer, and don’t undermine our national security, or bring foreign powers into our heartland, they would be a far better solution to transporting LNG and petroleum products. It is time to put an end to the senseless talk of repealing the Jones Act. 


The Left’s Student Loan Agenda Is Out of Touch And Dangerous

By Isabelle MoralesTownhall

 The Left’s Student Loan Agenda Is Out of Touch And Dangerous
Source: Leisa Thompson/The Ann Arbor News via AP, File

As the Biden administration readies its fifth extension of federal student loan repayments, voter concerns over surging inflation take a back seat to the needs of Democrats’ donor class in the run up to the midterm elections. 

The current student loan moratorium is set to expire on August 31, leaving the Democrats with the prospect of student loan payments resuming just two months out from an election. Democrats are almost certain to extend the moratorium again.

The student loan “pause” begin in March 2020. Yes, two-and-a-half years ago.

This policy has been a disaster: costing taxpayers nearly $135 billion while primarily benefiting the elite and contributing to the highest inflation in 40 years.

Recently a group of 180 left-of-center organizations signed a letter urging President Biden to extend the moratorium on student loan repayments. They insisted that the moratorium be extended until the administration fulfills its promise to cancel student loan debt.

This letter is filled with delusional, out-of-touch arguments that perfectly illustrate the Left’s understanding of the student loan issue.  

The primary assertion by these groups is in the letter’s one bolded line: “People with student debt cannot be required to make payments toward loans your administration has promised to cancel.”

Ironically, the Left is arguing that a politician’s “promise” while on the campaign trail should be more binding than the contractual agreement borrowers signed promising to pay back their debts.  

The signers also describe the moratorium and cancellation as a way to relieve the financial pressure of inflation on Americans, especially “economically vulnerable” people, people of color, and women. This, of course, is just part of the Left’s strategy to frame every policy goal of theirs as “justice” for the destitute and oppressed. This kind of framing for the student loan issue is especially shameless, though, as the student loan moratorium primarily benefits white, wealthy elites while worsening inflation for low and middle-income Americans.  

About 75 percent of student loan repayments come from the top 40 percent of earners. The bottom 20 percent of earners only pay 2 percent of monthly student loan payments. As the Committee for a Responsible Federal Budget points out, the effects of the student loan moratorium is even more skewed toward elites than a blanket cancellation, as graduate student loans tend to have higher interest rates than undergraduate loans.

The Brookings Institution, whose scholars generally support student loan cancellation, described those who would benefit most from student debt forgiveness as “higher income, better educated, and more likely to be white.”

Adam Looney, a former economic advisor to President Obama, explained that, “Measured appropriately… loan forgiveness is regressive whether measured by income, educational attainment, or wealth. Across-the-board forgiveness is therefore a costly and ineffective way to reduce economic gaps by race or socioeconomic status.”

This is not very surprising. As one might assume, many low-income Americans chose not to go to a four-year, private university. Many paid their way through community college or a public university/college, went to trade school, joined the military to pay for their education, or went straight into the workforce after high school. For these Americans, the moratorium and cancellation proposals are slaps in the face. If student loan debt is cancelled, their sacrifices and hard work was futile.

Further, the letter’s assertion that student loan handouts could help ease the financial pressure of inflation on Americans is especially misguided. About 45 million Americans, or 17 percent of the adult population, have federal student loan debt. While this limited group of Americans, who already skew higher-income, may experience relief, every American is facing crippling inflation.

The consumer price index increased by 9.1 percent on an annualized basis in June, according to the Bureau of Labor Statistics (BLS), setting yet another 40-year high for the sixth time under President Biden.

A primary cause of inflation is the government’s reckless spending. The federal government is flooding the economy with so much money that demand is growing too fast for production to keep up. The moratorium on student loan repayments has been incredibly expensive: so far, it has costed taxpayers $135 billion, and continues to cost them an additional $5 billion each month.

While the Left has attempted to frame the student loan issue as one pertaining to “racial and economic justice,” it is simply a handout to the liberal elite. Lawmakers cannot allow the Left to worsen inflation for average Americans under these false pretenses.


The Supply-Side Fight Against Inflation

Central banks’ only real option for tackling inflation is to reduce demand – an approach that implies a significant drag on global growth. But even as interest rates rise, a recession can be avoided if policymakers recognize the large role that supply-side measures must play in restoring price stability.

By Michael SpenceProject Syndicate

spence152_Yu Fangping  CostfotoFuture Publishing via Getty Images_supply inflation
Fangping / Costfoto/Future Publishing via Getty Images

Central banks’ efforts to contain high and rising inflation are fueling growth headwinds and threatening to tip the global economy into recession. But the proximate cause of today’s inflationary pressures is a large, broad-based, and persistent imbalance between supply and demand. Higher interest rates will dampen demand, but supply-side measures must also play a large role in inflation-taming strategies.

Over the past year or so, the rollback of pandemic-containment policies has spurred a simultaneous surge in demand and contraction in supply. While this was to be expected, supply has proved surprisingly inelastic. In labor markets, for example, shortages have become the norm, leading to canceled flightsdisrupted supply chainsrestaurant closures, and challenges to health-care delivery.

These shortages appear to be at least partly the result of a pandemic-driven shift in preferences. Many types of workers are seeking greater flexibility – including hybrid or work-from-home options – or otherwise improved working conditions. Health-care workers, in particular, report feeling burned out by their jobs.

If this is true, the inflation picture must include an adjustment in relative labor costs. To bring markets back into balance, wage and income increases will be needed, even for jobs for which there was previously an ample supply of workers.

This transition will generate some inflationary pressure. Yes, nominal prices and wages have limited downward flexibility. But at a time of excess demand, firms generally try to pass on higher costs via price increases – and they often get away with it, at least for a while.

Lingering blockages associated with the pandemic, especially in China, which remains committed to its zero-COVID policy, are also fueling inflation. But these blockages will eventually subside, as will short- to medium-term capacity constraints caused by shifts in the composition of demand (in terms of both products and geography), though some will persist for a while. Capacity – whether in ports or semiconductors – takes time to build.

But today’s inflation has deeper roots. Over the past several decades, the activation of massive amounts of underutilized labor and productive capacity in emerging economies has generated deflationary pressures. With those resources having now been significantly depleted, the relative prices of many goods are set to rise.

Moreover, there is a global push to diversify and, in some cases, localize demand and supply chains – a response to the increasing frequency of severe shocks and rising geopolitical tensions. A more resilient global economy is a more expensive one, and prices will reflect that.

The war in Ukraine has not only accelerated this supply-chain transformation, but also has caused energy and food prices to skyrocket, further exacerbating inflation, especially in lower-income countries. In the case of fossil fuels, a prior pattern of underinvestment in capacity at multiple points along the supply chain has compounded the problem.

But there is even more to the story. More than 75% of the world’s GDP is produced in countries with aging populations. Old-age dependency ratios are rising, and in some countries, the workforce is shrinking. Productivity gains could counter the contraction of labor supply relative to demand, but after nearly two decades of falling productivity growth, such gains are not forthcoming.

So, inflation is rising fast, and central banks are under pressure to take drastic action. But their only real option is to reduce demand, by raising interest rates and withdrawing liquidity. These measures have already spurred a massive repricing of assets, including currencies, and they threaten to push global growth below potential, with lower-income economies suffering disproportionately, and to reduce investment in the energy transition.

There is another way: supply-side measures. Trade and investment have long enabled supply to expand rapidly in response to growing global demand. But, for nearly two decades – and especially in the last few years – proliferating trade barriers have been adding friction to this process. Creeping protectionism must be reversed, with US President Joe Biden removing the tariffs imposed by his predecessor, Donald Trump, and Europe accelerating the integration of its services markets.

At the same time, efforts must be made to improve productivity. Digital technologies will be crucial here. While the pandemic helped to accelerate the digital transformation, many sectors – including the public sector – are lagging, and concerns about the effects of automation on employment persist.

But in a supply-constrained world characterized by persistent labor shortages, productivity-boosting digital technologies, together with higher wages for workers, would go a long way toward improving the balance between supply and demand. For example, artificial-intelligence-based tools can perform a wide range of functions, from screening luggage more efficiently at airports to analyzing medical imaging to detect cancers. Beyond digital technologies, regulatory regimes can be streamlined and improved, in order to reduce supply-side bottlenecks.

Such an agenda must be applied to both the public and private sectors. At the international level, efforts to facilitate trade, address supply-chain rigidities, and close data gaps will be essential. Otherwise, central banks will be left to deal with inflation alone – with dire consequences for the entire global economy.


Report: Top Biden Officials Have Zero Business Experience

By Peter RoffAmerican Liberty

Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons

The nation’s plunge into inflation-fueled economic doldrums may be linked to the lack of practical, real-world business experience of many of President Joe Biden’s top officials, a report released Thursday suggests.- Sponsored –

“The United States has the highest inflation rate in four decades. The stock market sell-off has liquidated $10 trillion of wealth. Retirement savings are dwindling. Consumer, small business, and investor confidence are shrinking. There’s widespread concern that America is at best teetering on the edge of a recession and may already be in one. And, in terms of growth, the economy has flatlined,” said The Committee to Unleash Prosperity’s Stephen Moore, principal co-author of Not Ready for Prime Time Players.

A majority of key appointees, the report said, have zero years of business experience.

“Instead of having the best minds in America working on these problems, the president is relying on political and policy stooges who couldn’t make a garden grow, let alone the U.S. GDP,” Moore, an economist, said.

Aside from the president, who earned a law degree from Syracuse University in 1968, was elected to the New Castle County Council in 1970 and was elected to the United States Senate in 1972 when he was just 29 years old – Vice President Kamala Harris, Treasury Secretary Janet Yellin, Council of Economic Advisors Chairman Cecilia Rouse and Shalanda Young, director of the White House Office of Management and Budget, have no previous private sector experience.

The report draws attention to some of the concerns limited prior private sector experience may cause regarding the ability of administration officials to make informed policy decisions. Pete Buttigieg, the former South Bend, Indiana mayor and unsuccessful 2020 Democratic presidential candidate who is now U.S. Transportation Secretary, the authors wrote, “now has oversight over a $1 trillion industry and is the official in charge of dealing with intricate supply chain issues at our ports and other vital parts of our transportation infrastructure. Yet he has virtually no experience in transportation or logistics.” 

In formulating their conclusions, the authors of the report looked at 68 top officials in the Biden administration, starting with the president. The list of those whose employment history was examined includes cabinet members, regulatory officials and senior White House aides. Others in key economic policy positions who lack any identifiable business experience include Attorney General Merrick GarlandClimate Change Ambassador John F. Kerry, HUD Secretary Marica Fudge, U.S. Trade Representative Katherine Tai, Federal Communications Commission Chairman Jessica Rosenworcel, Federal Trade Commission Chairman Lina Khan, Deputy Assistant to the President for Labor and the Economy Seth Harris, Special Assistant to the President for Economic Policy Daniel Nornung and Jonathan Kanter, the Assistant U.S. Attorney General for Antitrust. 

The report also found:

  • The median number of years of business experience of the 68 officials featured in the report is zero.
  • The average business experience of Biden appointees is 2.4 years.
  • 62 percent of the senior Biden appointees who deal with economic policy, regulation, commerce, energy and finance have no practical experience working in the private sector.
  • The majority of the Biden economic/commerce team is made up of professional politicians, lawyers, community organizers, academics, lobbyists and lifelong government employees.
  • Only one in eight has extensive business experience.

This is in stark contrast to the Trump administration, which was populated by many senior policymakers with experience in the business world including the president, who spent 45 years in the private sector before choosing to run for office. The average business experience of the members of the Trump Cabinet was 13 years and the median for years of experience was eight.

The study was undertaken, the authors said, to address what it called “growing concerns” that top decision-makers in Congress and the Biden administration lack the basic skill sets and business/management experience and acumen to either oversee a $6 trillion federal government or to regulate the various sectors of the national economy.

“It’s easy to understand why we have the highest inflation in forty years, the economy may have already put America into a recession. Despite the White House claims like record job ‘creation,’ a sizable majority of the country now believes, according to the latest polls, that America is on the wrong track. The people making economic policy have never worked in the real world,” said Moore, who co-authored the study with the committee’s Jon Decker, “Americans are hurting and we need to change course immediately.”

Moore’s analysis is backed by a New York Times/Siena poll released Monday that shockingly showed nearly 80 percent of the American voters surveyed thought the nation was headed in the wrong direction. Just 27 percent of Democrats and a mere 5 percent of Republicans said things were on the right track, putting the numbers at their lowest since the near collapse of the U.S. economy at the end of the Bush administration helped put Barack Obama in the White House.

The “takeaway” from the study, the authors wrote, is the need to consider the qualifications of those making policy as it pertains to their ability to solve the nation’s economic troubles, which are growing more severe by the day.

“Surely, we want our political class to have a diversity of backgrounds. We want lawyers, grassroots activists, those with political and policy experience, scientists, health experts, and academics with required specialties,” Moore and Decker wrote. “But we also want people who have experience running large operations with hundreds and thousands of employees and who understand logistics.”

“We need people at the top rungs of government who have experience dealing with large-scale crises (as we experienced during COVID), and also at least some familiarity with the everyday struggles that businesses have with the government,” they write before concluding “The Biden administration has made ’diversity’ a major goal of its administration. But the one area that is sorely missing in this diversity goal is in attracting talented and experienced men and women from the field of small business, commerce, and finance. When it comes to the government: Ignorance is not bliss.”


How President Biden’s plan for student loan forgiveness will make student debt worse

The president's plan to forgive $10,000 in student debt per borrower has several negative consequences.

By Jude SchwalbachReason Foundation

How President Biden’s plan for student loan forgiveness will make student debt worse
Allison Bailey/ZUMAPRESS/Newscom

Many of the 43.3 million Americans with federal student loan debt totaling $1.61 trillion have anxiously anticipated President Joe Biden’s decision about student loan forgiveness. 

Last week, The Washington Post reported that the president’s plan, which sources say is nearing a formal announcement, will resemble his 2020 campaign promise to forgive $10,000 in federal student loans per borrower. The Committee for a Responsible Budget estimates this will cost taxpayers $230 billion.

While political firebrands such as Sen. Bernie Sanders have long supported substantially increasing federal higher education spending, including offering things like free college, President Biden’s proposal would represent a significant change in policy from previous presidential administrations, including Democrats.

President Barack Obama’s 2008 campaign promises were modest by comparison. President Obama sought to expand Pell Grant access to low-income students and eliminate government subsidies to private student lenders. Even Obama’s 2014 executive order that sought to forgive some federal student loans only did so after 20 years and required borrowers to make regular payments via the Pay As You Earn Initiative.

By comparison, the Biden administration’s plan is a major departure from Obama’s more modest and measured approach to student debt. While it would certainly be popular with many of the people who have $10,000 of their student debt forgiven, public opinion is quite divided over how to handle college student debt.

CNBC national poll conducted in January of 2022 found that 34% of respondents supported loan forgiveness for all student loans. Only 27% of respondents opposed student loan forgiveness entirely. However, 35% of respondents supported a middling approach, preferring loan forgiveness only for those “in need.” 

Supporters of student loan forgiveness for those in need may be pleased to hear that President Biden’s proposal is reportedly going to be means-tested, with individuals eligible for student loan forgiveness if they have an income of less than $150,000 ($300,000 for couples).

The Washington Post editorial board notes some of the problems with that cut-off:

These provisions, while welcome, would not stop the policy from becoming yet another taxpayer-funded subsidy for the upper middle class. The president’s means test would be almost useless, as some 97 percent of borrowers would still qualify for forgiveness. The Committee for a Responsible Federal Budget, a nonpartisan watchdog, estimates that such a plan would cost at least $230 billion, that 71 percent of the benefits would flow to those in the top half of the income scale — and that a quarter of the benefits would go to the top 20 percent. Even this does not express fully how regressive the policy would be, because many recent graduates from medical, law and business schools would qualify for forgiveness even though their lifetime income trajectories don’t justify it.

Similarly, The Wall Street Journal has reported that more than 40% of all student loan debt is held by individuals with advanced and lucrative degrees, such as doctors and lawyers. 

Only one-third of Americans have bachelor’s degrees. These individuals are statistically likely to earn more than the two-thirds of Americans who don’t have those credentials.

This means that many taxpayers nationwide, 85% of whom do not have student loan debt, would now be paying off the student debt of their college-educated peers who, in many cases, enjoy greater affluence because of their college degrees. 

Importantly, this loan forgiveness proposal does not actually address the major problem of rising college costs. Biden’s plan would likely only exacerbate what many have labeled the student debt crisis. 

The American Enterprise Institute’s Beth Akers points out that there will definitely be a change in borrower behavior after any sort of debt reduction. She wrote

“Economically rational people will respond to that dynamic by choosing more expensive programs of study and borrowing more than they would have otherwise. The result: a pool of outstanding student debt growing even more quickly than before.”

This means that Biden’s proposal would incentivize future students to invest in riskier loans under the hope or assumption that their loans could later be forgiven. Such a plan is a disaster in the making that, over the long-term, could significantly expand Americans’ already ballooning student loan debt.

In fact, even if President Biden does reduce student loan debt by $10,000 per borrower, the Committee for a Responsible Budget reported that the total student loan debt would return to its current level in just three years, assuming no change in borrower behavior.

Instead of debt reduction, policymakers should consider reforms that have a lasting effect and address the rising cost of college. Extricating the federal government from the student loan business altogether or placing strict annual and lifetime caps on federal student loans could help encourage universities to stop hiking their costs.

At the end of the day, any sort of student loan forgiveness is a bad policy since it does not hold individuals accountable for their financial decisions. In fact, it would represent a massive betrayal of public trust. Many people worked to pay off their student loans. Others chose less expensive colleges to avoid student debt. Some people didn’t go to college at all because they decided they couldn’t afford it.

It may be well-intentioned, but President Biden’s student loan forgiveness plan is a recipe for disaster. It would potentially encourage bad borrowing behavior going forward. It would disadvantage those who made significant sacrifices to avoid or minimize their student debt. And, perhaps worst of all, it would force American taxpayers who didn’t go to college to pay for student debt they chose to not accrue and from which they will not benefit.


America’s Most Important Economic Storyteller Is Confused

By Derek ThompsonThe Atlantic

As somebody who’s paid to tell stories about the economy, I always find it satisfying to assemble data points to produce a compelling pointillist picture about the state of the world. But these are rough times for economic pointillism. The data are all over the place, and the big picture is a big mess.

I look at the stock market, where valuations have collapsed. Okay, so markets are trying to tell us that future growth will be slower. Then, I see that consumers expect persistent inflation over the next five years. A growth slowdown with sticky inflation? Unusual, but not unprecedented. Consumers are glum about economic conditions but optimistic about their own finances, and they’re spending money on services and leisure and travel as if they’re eager participants in a booming economy. So everything is terrible, but I’m doing fine? Okay, that’s psychologically rich. Nominal gas prices are at record highs, but unemployment is near multi-decade lows; mortgage interest rates are rising quickly, but they’re at historically normal levels. So, things are bad, but also good, but also crummy, and maybe fine?

Regrettably, there’s another, significantly more important economic storyteller that also seems deeply confused about the economy. That would be the Federal Reserve.

Just six months ago, the Fed said it expected that prices would normalize in 2022, and it forecast that a key inflation index would average 2.6 percent growth this year. But now it projects that 2022 inflation will be twice as high, at 5.2 percent. Three months ago, the Fed signaled that it would raise a key interest rate by 0.5 percentage points in June. But this week, the Fed changed its mind after getting spooked by a few inflation reports and suddenly decided to jack up the federal-funds rate by 0.75 points, its most significant increase in 28 years.

Fed Chair Jerome Powell’s explanation for the rate change was baffling. He claimed that the number of job openings in the economy pointed to “a real imbalance in wage negotiating” but also said that the labor market had practically nothing to do with inflation. He explained that headline inflation has soared largely because of supply-side issues, such as the war in Ukraine’s impact on the gas market, that the Fed can’t really do anything about. But he also insisted that the Fed had to up the ante on interest-rate hikes to bring down inflation by reducing demand. He insisted that he didn’t want to send the economy into a recession, but the Fed’s own economic forecasts project several consecutive years of rising unemployment—something that generally happens only in a recession.

The full story only barely holds together. In the Fed’s view, inflation is partially caused by the labor market, but also not caused by the labor market; it’s largely a supply-side issue that the Fed can’t fix, but the Fed is going to try desperately to fix it anyway; and we’re hopefully not getting a recession, but we’re probably getting a recession. Like I said: baffling.

What the Fed is actually trying to do here—as opposed to the story it’s telling about what’s happening in the economy—is clear, yet extremely difficult: It is trying to destroy demand just enough to reduce excess inflation but not so much that the economy crashes. This a little bit like trying to tranquilize a raging grizzly bear with experimental drugs: Maybe you bring down its core temperature but also maybe you leave the big guy in a coma. The Fed could succeed. It could get Americans to spend a little less, borrow a little less, and loan a little less, and this synchronized decrescendo in economic activity would almost certainly reduce inflation. But here’s the problem: If global energy prices don’t come down and global supply chains remain tangled by Omicron variants and other natural disasters, we might end up with the worst of both worlds: destroyed domestic demand and constricted global supply. Slow growth and high energy prices could mean the return of the dreaded stagflation.

In the next few months, you should be prepared for the economic situation to get even stranger. Markets might be on the lookout for signs that the Fed is successfully crushing domestic demand. In other words, some investors will be hoping that the housing market stalls and retail spending slows, because these are signs that the Fed’s policy is working. We will be in an upside-down world where bad news (the economy is slowing down) is interpreted as good news (the Fed’s policy is working), and good news (consumer spending is still red hot) is interpreted as bad news (the Fed’s policy isn’t working).

For much of this century, the Fed has been an island of relative competency in a sea of institutional failure. But the Fed is neither an all-knowing artificial intelligence nor a band of wizard oracles sent from the future to stabilize price levels. The people who work there are fundamentally pundits with an interest-rate lever. They’re folks like you and me, telling stories about an economy that they’ve recently gotten wrong, wrong, wrong, and then kinda right, and then wrong again. I don’t know if this is comforting or terrifying to you, but it’s the full truth: Right now, we are truly all confused together.


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