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Jordan Candler / Apr. 7, 2021

Wednesday Executive News Summary

Biden’s jobs lie, billionaire bonanza, Title IX rewrite, tame flu season, and more.

Top of the Fold

  • President Biden and his aides lie about the jobs created by $2.2 trillion spending plan (White House Dossier)

“A forecast by Moody’s Analytics said that over the next ten years, the United States economy would create 16.3 million jobs without the Biden spending program, and 19 million with it. That’s not surprising. When the government spends money, it stimulates the economy. Conservatives argue for many reasons that usually, a better way to stimulate the economy is to cut taxes. But as you can see, the net jobs created by the spending plan would be 2.7 million. Here’s what Biden said: ‘Independent analysis shows that if we pass this plan, the economy will create 19 million jobs — good jobs, blue-collar jobs, jobs that pay well.’ Technically, that is true, because the economy will create those jobs. But it’s misleading enough to call out as a lie. … Others lied more directly, saying the bill itself will create 19 million jobs. That is not even technically true. ‘The American Jobs Plan is about a generational investment. It’s going to create 19 million jobs,’ said Transportation Secretary Pete Buttigieg.”

  • A record-setting year for the world’s wealthiest (Forbes)

“The number of billionaires on Forbes' 35th annual list of the world’s wealthiest exploded to an unprecedented 2,755 — 660 more than a year ago. Altogether they are worth $13.1 trillion, up from $8 trillion on the 2020 list. There are a record high 493 newcomers to the list — roughly one new billionaire every 17 hours, including 210 from China and Hong Kong and 98 from the U.S. … A record 1,975 billionaires are self-made, up from 1,457 last year. That equates to 72% of the list (vs. about 70% in 2020). It’s a marked change from the 2001 list of billionaires, when 49% of the total 565 billionaires were self-made.”

Government & Politics

  • Biden tells Georgia to “smarten up” to avoid losing business over new election law (Fox News) while also distancing himself from MLB’s woke decision (Power Line)

  • Who needs due process anyway? Education Department to propose Title IX rule amendments, undo Trump-era protections for victims and the accused (Free Beacon)

  • 2024 contender Mike Pence returns to MAGA world with Trump-backed political group (Examiner)

  • Congressman Matt Gaetz allegedly requested preemptive pardon from President Trump (Examiner)

  • Florida Congressman Alcee Hastings, 84, dies after battle with pancreatic cancer (Daily Caller)

National Security

  • DHS may restart border wall construction to plug “gaps,” even though Biden pledged not “one more foot” of wall  (Washington Times)

  • Nothing to see here: DHS deletes announcement of terror suspects arrested at border (Washington Times)

Health

  • A flu season that wasn’t: just 1,893 Americans have tested positive for the influenza virus this year (The Hill)

  • Low risk of catching COVID from surfaces, CDC now says (NY Post)

  • Nearly half of new COVID cases are coming from just five states: New York, Michigan, Florida, Pennsylvania, and New Jersey (Fox News)

Around the Nation

  • Arkansas legislature wisely overrides governor’s veto of transgender “treatment” bill (Arkansas Democrat-Gazette)

  • Governor Andrew Cuomo repeals controversial nursing home COVID-19 liability protections (Fox News)

  • “These vaccines are always voluntary and never forced”: Governor Greg Abbott signs executive order prohibiting vaccine passports in Texas (Chron)

  • Only in DC: Black teenaged carjack killers of 66-year-old Pakistani immigrant get a sweet plea deal (Breitbart)

  • For now, San Francisco school board reverses decision to rename 44 schools, citing “frivolous litigation” (San Francisco Chronicle)

Closing Arguments

  • Policy: Corporations don’t pay corporate taxes. People do. (National Review)

  • Policy: Say no to new trade deals with China (Heritage Foundation)

  • Humor: “Sea of Racism”: Google removes entire state of Georgia from Google Maps (Babylon Bee)

For more of today’s editors’ choice headlines, visit Headline Report.

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