The last-minute deal to keep the federal government open back in September did nothing to rein in wasteful and corrupt federal spending, or avert the predicted recession. Rather than react with relief that the federal government continues on, with its misuse of prosecutorial power, the stock market declined after the Sept. 30th vote in Congress to keep the lights on. The consumer confidence index dropped to a four-month low in September, while new home sales have fallen sharply by 8.7%. Gas prices have skyrocketed, including an 80 cent increase in merely one month in California.
Yet President Biden seems oblivious to the hard times ahead in this impending recession. It is in his political interest not to say this “R” word, as this impedes his diminishing chances of being reelected. A silver lining to the stopgap funding bill was how House Republicans blocked sending billions more to the NATO war in Ukraine. As good jobs disappear in our country, it is dismaying that some Senate leaders care more about continuing to fund bloodshed halfway around the world than taking care of our economy back home.
Our presidential election is less than a year away, and the pro-globalism Senate leadership thinks that voters will forget by then or fail to assert themselves against this looting by D.C. of America. Even the left-leaning Politico had to admit, “There’s going to have to be a major debate in this country” about continuing to fund this war. The conflict has already killed or wounded a half-million soldiers and the practical effect of funding it is to keep Zelensky in power rather than give him an incentive to negotiate for peace.
The average Americans dealing with inflation don’t care about keeping Zelensky or anyone else in power over in Ukraine. We care about feeding our families and keeping them safe. If the Biden Administration wants to avoid a monumental collapse when the presidential elections roll around next year, they must abandon their globalist ambitions in Ukraine.