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The Prescription for Bankruptcy

President Biden in his first state of the Union address bragged about his economic growth by stating, "Look, our economy roared back faster than almost anyone predicted, but the pandemic meant that businesses had a hard time hiring enough workers to keep up production in their factories."

Our economy created over 6.5 million new jobs just last year, more jobs created in one year than ever before in the history of the United States of America.

He did not mention, however, that those 6.5 million new jobs were jobs that were lost because of Democrat governors closing down their states for all but essential businesses.

He went on to claim, "One way to fight inflation is to drive down wages and make Americans poorer." He has a better idea of how to fight inflation. "Lower your cost, not your wages."

We went out and surveilled a few business owners about how they felt about that statement. While the majority of business owners did not want to be quoted due to the bellicose statements we received after showing them the clip of what Biden said, one business owner did say:

"When costs are lower, I'll raise my wages"

He went on to say, that as it stands currently, he is having to cut less qualified staff due to the high costs of operating his business. Parts cost more, shipping costs more, and due to inflation, the staff is demanding more than the company can afford.

While small businesses are struggling, just to keep the lights on, Biden is fully attacking them by demanding they lower their costs.

Business owners in the foodservice industry are having trouble finding employees to work. After being paid during the pandemic to do nothing, often collecting more than they were while being gainfully employed, are refusing to work at a fee that is standard in that industry.

Mr. Biden, your plan will not work, and it is a prescription for bankruptcy.

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1 Comment

What a complete dumbass. He's telling everybody to lower their costs when it's his policies that's driving up the costs, which in turn drives up the inflation.

He clearly demonstrates how backwards his thinking is, and how much he lacks understanding basic economic principles.

I can't fathom why anybody would vote for him.

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