What Does 2023 Have in Store for Joe Biden?
The president’s year will largely be determined by the consequences of his past failures.
Joe Biden “intends to run” for reelection in 2024. Yeah, right. Despite Biden’s initial hem-hawing and subsequent insistence on running, the White House has been coy after letting the holidays go by without answering with certainty the question of his reelection campaign. At age 80 and clearly suffering cognitive decline, the obfuscation is hardly surprising.
It’s also all speculation at this point, and there’s a country to run in 2023. So how will the president set about to do that? Poorly, in a word. That’s a given considering the radical left-wing agenda he has pursued after deceitfully running as a steady-handed moderate. It’s also a given after his first two years produced so many failures with lasting consequences. Let’s run down some of that list:
Inflation: It’s still rampant and it was caused in large measure by his spending spree after taking office.
Supply chain: While things have improved, we’re seemingly a long way from the generally smooth process for providing goods and services that we all enjoyed in the seemingly long-ago year of 2019.
Unemployment: Businesses still struggle to find workers as lavish leftist redistribution schemes keep many folks on the sidelines. The stilted job market plays a big role in both inflation and the supply chain.
Stock market: The retirement investments of millions of Americans cratered in 2022 in one of the worst years for the market on record. The S&P 500 ended 2022 down more than 19%, marking its seventh-worst year since the Great Depression began in 1929.
Economy: Along with the aforementioned woes, the Federal Reserve is ratcheting up interest rates, which has dried up the housing market and could cause a recession in 2023. We already endured a brief one in 2022, though most of the mainstream media suddenly changed the definition of a recession. Many economists predict recession in the next year.
Foreign policy: Biden’s disastrous surrender and retreat from Afghanistan emboldened Vladimir Putin to invade Ukraine. The Chinese Communists, who have Biden in their back pocket, are also well aware of the advantages they now enjoy. The world is a more dangerous place than it was under the previous administration.
Other than all those far-reaching calamities facing the American people, Biden also will spend much of this year battling personal scandal. Granted, his Department of “Justice” will help him sweep a lot of that under the rug. Joe’s son Hunter and his brother James seem to have made a lot of lucrative contacts in China, Russia, and Ukraine, but the DOJ is allegedly concealing information about that, and we’re willing to bet it’s because it proves “the Big Guy” was at the center of the corruption. House Republicans promise to investigate, though we’ll see where that leads.
Biden’s weakness and compromised status combined with GOP control of the House (well, make that “control”) mean that the president will resort to even more executive orders to govern by circumventing Congress. Barack Obama made such power grabs the norm under his “fundamental transformation” agenda. Donald Trump continued the practice because he too found it easier than haggling with Congress. Biden campaigned by promising to do likewise.
In short, look for Biden’s successes and failures to inversely correspond with what’s good for America in 2023.
- Joe Biden
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