boomboomsroom

Yesterday President Joe Biden took an early fall trip.  Walking down the short stairs of Air Force One to visit the Michigan United Auto Workers Union picket line he almost took a fall himself.

Perhaps Karine Jean Claude Pepe Le Phew Pierre will characterize it as a misstep.

The twenty gas-guzzling SUVs convoyed off of the tarmac.

Jo-Slip Biden didn’t miss a step while joining the rally as he supported the UAW in their new contract asking for a 40% wage increase over four years and a 32-hour work week.  Every Michigan vote will count at least once next fall.

As a scrappy kid from Scranton (not Baltimore as he said late last week), he can relate to hard times.  He works about 32 hours a week himself these days.  And, a 10% pocket liner is right in line for the Big Guy.

Of course, the UAW better be building all-electric cars soon cause otherwise 40% of nothing is nothing.

It’s an assembly line of economics, or Bidenomics if you prefer.  You need big wage increases on the job these days to keep up with inflation at the grocery store and the pump.

But, big wage increases cause inflation.  And inflation causes the Fed to raise interest rates way faster than Biden can ascend a staircase.  And higher interest rates supposedly cause the economy to slow and mortgage rates to go through your new home’s roof.

Most of all higher long-term rates accelerate the nation’s debt.  You know the debt.  It’s a national disgrace that we don’t talk about.

Well, Joe does.  He’s told us that since he took office he’s cut it by 1 million, er, 1 billion, um 100 billion, er, 1.75 trillion dollars depending on the day he misspeaks.

On Monday the debt crossed over 33 trillion dollars.  It’ll balloon to nearly 36 trillion by the end of 2024.

Never mind all that, Joe spent 14 minutes with the hard hats in the key swing state and then headed west like the young man that he is.  Fire up the plane, and spew some fossil fuel emissions over the flyover states.  The next stop was a big Democratic Party fundraiser in California with the movers and shakers out there.

On the way out the Michigan dignitaries told Biden to ” have a good trip.”

He said, ‘I’ll see you next fall.”