Economic Calamity

Joe Biden Starts Off Aggressively, With 30 Executive Orders In Three Days

Ronald 3 Comments

President Biden is starting off his administration with a series of quick actions through 30 executive orders in three days in office, and more to come!

These include:

14 on the Corona Virus

4 on the Economy

2 on the Environment

5 on Immigration

2 on Equity

1 on Ethics

1 on Regulation

1 on the Census Bureau

These include in detail:

Reinstating ties with the World Health Organization; Enforcing a mask mandate on federal properties and public transportation; Coordinating the national response to the COVID 19 Pandemic.

Halting construction of the Mexico Border Wall; Ending the Muslim Ban; Including non citizens in the Census Count; Protecting DACA immigrants from deportation; Stopping aggressive actions to find and deport undocumented immigrants.

Re-entering the Paris Climate Accords; Revoking the permit for the Keystone XL Pipeline; Revoking rollbacks to Vehicle Emission Standards; Undoing decisions to slash the size of several National Monuments; Enforcing a moratorium on oil and natural gas leases in the Arctic National Wildlife Refuge; Reestablishing a working group on the social costs of greenhouse gases.

Ending the 1776 Commission which distorted the role of slavery in American history; Rooting out systematic racism, and working to prevent discrimination based upon gender, sexual orientation or gender identity and promote equity and diversity in all government programs and agencies.

Extend a federal moratorium on evictions, and foreclosures on mortgages; A pause on federal student loan interest and principal payments.

Trump’s Tariff Wars Will Destroy Agriculture, Dramatically Raise Company Expenses And Prices, Cause Massive Consumer Price Inflation, And Rising Unemployment

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Donald Trump has announced a “Tariff War” against China, as the primary target, but also against most of our trade partners.

In so doing, he is guaranteeing a disastrous economy down the road.

In 1930, Herbert Hoover went along with the Smoot Hawley Tariff, and it helped make the Great Depression, which has begun months earlier, become an ever greater calamity.

But Donald Trump knows nothing about Herbert Hoover, and nothing about the effect of “tariff wars”.

So expect economic calamity, including American agriculture unable to sell their products overseas, causing a massive farm depression.

And expect that businesses will be harmed, and will start to raise prices, and those will be passed on to the consumers, all of us.

We will be paying a lot more for food, clothing, technology, and industrial goods of all kinds.

Also, many businesses, if they lose revenue, will lay off tens of thousands of workers, causing a massive rise in the unemployment rate.

And just today, the stock market reacted by losing nearly three percent, and dropping 724 points, and this will not be a one day phenomenon.

Donald Trump is destroying the revived and prosperous American economy accomplished by Barack Obama in his eight years in office.

It is almost as if he is purposely doing everything he can to wipe out the memory of our first African American President.

We have a very sick, demented President, and the nation is suffering, and will suffer ever more until he forced out of the Presidency, and it cannot come fast enough!