Consumer spending accounts for approximately two-thirds of the U.S. economy, so Joe Biden's crushing…
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Image of the Day: "Bidenomics" Crushes Consumer Confidence

Consumer spending accounts for approximately two-thirds of the U.S. economy, so Joe Biden's crushing impact on consumer confidence helps resolve his apologists' confusion over Biden's economic disapproval.  After inheriting an economy rebounding from the Covid shock, Biden's policies quickly drove consumer confidence back downward, where it continues to stagnate.  No wonder he finds himself in such electoral hot water.

[caption id="" align="alignleft" width="849"] Bidenomics Crushes Consumer Confidence[/caption]

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May 08, 2024 • 12:39 PM

Liberty Update

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Notable Quotes
 
Reporting on the Extreme Financial Impact Felt by the Auto Industry as a Result of Electric Vehicle Mandates and Regulations:
 
 

"With financial losses and now a historic labor strike, the auto industry is feeling the brunt of its Democrat-pressured transition to electric vehicles (EV).

"Ford President and CEO Jim Farley even suggested last week ahead of the United Auto Workers (UAW) strike against the Big Three automakers that his company couldn't pay workers what they wanted because of the cost of the EV transition.

"Ford announced this summer that they expect to lose a staggering $4.5 billion on electric vehicles this year, raising its estimate from $3 billion earlier in the year."

Read the entire article here.

 
 
— Charlotte Hazard, Just the News
— Charlotte Hazard, Just the News
Posted September 18, 2023 • 07:49 AM
 
 
On Biden's Deal With Iran:
 
 

"On the 22nd anniversary of the worst terror attacks in America's history, the Biden Administration notified Congress that it had just released $6 billion of frozen assets to Iran, the world's leading state sponsor of terror, and would release five Iranians detained in the U.S. in exchange for five American hostages. We should all be happy for the families of these five Americans and be thankful that they are finally receiving good news about their loved ones -- as Secretary of State, nothing was more rewarding than bringing home Americans held hostage in foreign countries.

While our goal should always be to bring every American home, we must also negotiate to ensure we don't incentivize the taking of hostages in the future. But this is the worst deal ever. Paying for Americans wrongly detained by Iran will only make Americans less safe in the long run and provides more funding for the brutal Iranian regime. These were lessons we learned long ago, but that Joe Biden refuses to learn."

Read the entire article here.

 
 
— Mike Pompeo, Former U.S. Secretary of State and Former Director of the Central Intelligence Agency
— Mike Pompeo, Former U.S. Secretary of State and Former Director of the Central Intelligence Agency
Posted September 14, 2023 • 07:38 AM
 
 
On House Speaker Kevin McCarthy's Grounds for Biden Impeachment Inquiry:
 
 

"After weeks of bombshell revelations and contentious debate, House Speaker Kevin McCarthy crossed a political threshold of no return and set significant stakes for both Congress and the Biden White House heading into a tumultuous presidential election year.

"The first-term leader of the House on Tuesday authorized an official impeachment inquiry against America's 46th president. He did it without having to hold a formal vote on the House floor, in part because his predecessor Nancy Pelosi changed the tradition during the Donald Trump era.

"But as the ramifications of the decision were settling in and both sides girded for battle, McCarthy sent a letter to colleagues that explained the rationale for such an inquiry at this moment, summarizing it in six succinct words: 'Public offices are not for sale,' McCarthy declared."

Read the entire article here.

 
 
— John Solomon, Chief Executive Officer and Editor in Chief of Just the News
— John Solomon, Chief Executive Officer and Editor in Chief of Just the News
Posted September 13, 2023 • 07:48 AM
 
 
On the Collapse in Public Trust in America's Leaders and Institutions:
 
 

"Congress, the presidency, the FBI, the judiciary, the media, colleges and universities, big business, churches, scientists, technology companies, labor unions, public health leaders. What do all these institutions have in common?

"Answer: Americans don't trust them any more.

"In the last 30 years, we have witnessed something unprecedented and perilous to the very survival of American democracy -- a collapse in public trust in the nation's leaders and institutions.

"If there is one phenomenon that captures better than anything else what's gone wrong with America in the last few years it is this: we live in a culture of mistrust."

Read the entire article here.

 
 
— Gerard Baker, Excerpted from 'American Breakdown: Why We No Longer Trust Our Leaders and Institutions and How We Can Rebuild Confidence'
— Gerard Baker, Excerpted from 'American Breakdown: Why We No Longer Trust Our Leaders and Institutions and How We Can Rebuild Confidence'
Posted September 12, 2023 • 08:32 AM
 
 
Reporting on How Fulton County District Attorney Fani Willis Is Paying Private Attorneys Massive Sums of Money for Her Trump Prosecution:
 
 

"Fulton County District Attorney Fani Willis has paid massive sums to private sector attorneys for their services, and a portion of those relate to investigating and prosecuting former President Donald Trump, according to county records.

"Nathan Wade, Willis's lead prosecutor in the case, has raked in more than half a million dollars from the Fulton County District Attorney's Office from January 2022 to August 2023, according to a payment history.

"Christopher Campbell, Wade's colleague at Wade & Campbell Firm, has been paid $116,670 from April 2021 to August 2023, the same records show.

Terrence Bradley, a former colleague of Wade's, was paid $74,480 from May 2021 to June 2022, according to the records.

"Wade, a defense attorney who can bill by the hour, was hand-picked by Willis roughly two years ago to serve as special prosecutor in the Trump case. Wade is a former Cobb County judge who ran for Cobb County Superior Court and was defeated in 2012, 2014, and 2016. Willis chose Wade over career prosecutors who work on salaries, and while the legalities of that have not been questioned at this stage, some, like Phil Holloway, an Atlanta-based attorney for more than two decades, have found the use of Wade to be 'unorthodox.'"

Read the entire article here.

 
 
— Ashley Oliver, Washington Examiner
— Ashley Oliver, Washington Examiner
Posted September 11, 2023 • 07:40 AM
 
 
On Hunter Biden's Expected Indictment and Special Counsel David Weiss:
 
 

"Never forget: They think we're idiots.

"That's the main takeaway from Wednesday's announcement by faux Special Counsel David Weiss that, by month's end, he intends to indict Hunter Biden on a felony gun charge -- the very same gun charge Weiss tried to make disappear just six weeks ago. By both regulation and performance, Weiss is unqualified to be a special counsel -- which, naturally, is why Biden Attorney General Merrick Garland appointed him.

"Lest you think Weiss has suddenly grown a prosecutorial spine, think again. He made the indictment announcement because he had no choice. He'd still love to bury the gun charge, the same way he has buried the significant aspects of the probe he's been trusted with -- namely, the Biden family business of cashing in on Joe Biden's political influence. But he was cornered by Judge Maryellen Noreika."

Read the entire article here.

 
 
— Andrew McCarthy, Senior Fellow at the National Review Institute and a Contributing Editor of National Review
— Andrew McCarthy, Senior Fellow at the National Review Institute and a Contributing Editor of National Review
Posted September 08, 2023 • 08:48 AM
 
 
On America's Police Officer Shortage Crisis:
 
 

"As Goodhue Police Chief Josh Smith struggled this summer to fill vacancies in his small department, he warned the town's City Council that unless pay and benefits improved, finding new officers would never happen.

"When nothing changed, Smith quit. So did his few remaining officers, leading the Minnesota town of 1,300 residents to shutter its police force in late August.

"America is in the midst of a police officer shortage that many in law enforcement blame on the twofold morale hit of 2020 -- the coronavirus pandemic and criticism of police that boiled over with the murder of George Floyd by a police officer. From Minnesota to Maine, Ohio to Texas, small towns unable to fill jobs are eliminating their police departments and turning over police work to their county sheriff, a neighboring town or state police."

Read the entire article here.

 
 
— Trisha Ahmed and Jim Salter, Associated Press
— Trisha Ahmed and Jim Salter, Associated Press
Posted September 07, 2023 • 08:13 AM
 
 
Reporting on the National Debt:
 
 

"Sustained deficit spending by the U.S. government helped push the national debt up to a jaw dropping $31.38 trillion in 2023, according to U.S. Treasury data. Fiscal watchdogs are now predicting that the interest alone on that debt will soon eclipse both entitlements and defense spending as a major component of the annual budget.

"At the same time that the national debt is at a record high, interest payments in mid-2022 stood at just under $600 billion, according to a report from the Committee for a Responsible Federal Budget (CRFB).

"The report, which outlines the challenges that face the next administration, projects that such payments will exceed the combined costs of Medicaid, SNAP (food stamps), and Supplemental Security Income (SSI) in late 2023, though it varies depending on interest rates.

"Debt service is projected to exceed defense spending either later this year or in 2026, again contingent on interest rates. The CRFB report further pointed to the significant hike in interest rates under the Biden Administration. A 10-year Treasury note, which in 2021 came with just over a 1% interest rate. That figure now sits at 4.3%."

Read the enitre article here.

 
 
— Ben Whedon, Just the News
— Ben Whedon, Just the News
Posted September 06, 2023 • 07:43 AM
 
 
On the Trustworthiness of the Biden Administration's Job Numbers:
 
 

"President Joe Biden has staked so much on his claim that he's 'created' 13.5 million jobs since taking office that it's worth asking if his Labor Department is now goosing job growth figures to help him out.

"On Friday just before the holiday weekend, Labor released its estimates for job growth in August -- which it said worked out to 187,000, beating economists' forecasts.

"But at the same time, the government cut the job growth numbers for the previous two months by a total of 110,000.

"As a matter of fact, Labor has quietly cut its initial job growth estimates for every month this year."

Read the entire article here.

 
 
— Issues & Insights Editorial Board
— Issues & Insights Editorial Board
Posted September 05, 2023 • 07:50 AM
 
 
On the False Claim that Labor Unions Benefit All Workers:
 
 

"After years of helping unions take credit for every worker gain and offering unionization as the answer to every worker complaint, that effort has escalated under 'union man,' Joe Biden. Now, his Treasury Department has released 'its most comprehensive ever look at the role that labor unions play in the American economy,' just before Labor Day. Included near the top of its cheerleading litany of the supposed advantages to unions is that higher union wages 'means workers at nonunionized firms see increased wages too,' which is central to their assertion that unions benefit all workers, not just union workers.

"However, that claim is false."

Read the entire article here.

 
 
— Gary M. Galles, Professor of Economics at Pepperdine University
— Gary M. Galles, Professor of Economics at Pepperdine University
Posted September 01, 2023 • 07:09 AM
 
Notable Quote   
 
"I didn't expect debates in 2024. It seemed to me that there was too much risk involved for both Biden and Trump. Nor is there a mandate of heaven for presidential debates. But the two candidates calculate risk differently -- that's probably why they are presidents. In their view, the potential upside of watching your opponent melt down is greater than the risk of tripping up. If you do implode, you…[more]
 
 
— Matthew Continetti, Washington Free Beacon
 
Liberty Poll   

Do you believe televised debates between President Biden and former President Trump will actually happen or will fall apart for many potential reasons?