Fellow Patriot: The voluntary financial generosity of supporters like you keeps our hard-hitting analysis coming. Please support the 2024 Year-End Campaign today. Thank you for your support! —Nate Jackson, Managing Editor

April 3, 2023

Big Spending for Two Cups of Joe

Joe Biden and Joe Manchin bear a lot of blame for continued inflation, and neither one accepts any.

Joe Biden took to Twitter on Saturday to lie about the economy and brag about what a great job he’s doing. It was April Fools’ Day, after all.

“When I took office, the economy was reeling,” he said. “Hundreds of thousands of small businesses had closed — and millions of Americans had lost their jobs. We got relief to small businesses fast to jumpstart the strongest recovery of any major economy in the world.”

Biden’s revisionist history does hint at one element of truth, which is that the economy never should have been shut down in 2020. Donald Trump’s biggest blunder was largely turning over pandemic management to Anthony Fauci, who helped Democrats — especially the governors who kept their states shut down — masterfully use the pandemic to beat Trump so they could also claim all the credit for the recovery.

Their claims are lies. “We got relief,” Biden says, which is a reference to his American Rescue Plan (ARP) and subsequent big spending. But did that “jumpstart the strongest recovery”? Not on your life.

This month marks the second anniversary of the “transitory” inflation brought to you by that spending. When Biden took office in January 2021, the annual inflation rate was 1.4% even as the recovery from COVID was already well underway in most states. After the ARP, inflation skyrocketed to a high of 9.1%, and though it’s back down to 6%, we’re a long way from the Federal Reserve’s target of 2%.

Cumulative inflation since 2020 is over 16%.

When Biden took office, gas was $2.39 per gallon. After peaking at $5.02 last June, it’s now at $3.51 and rising on news that the Saudis are still sticking it to Biden.

Yet Biden called it “bizarre” last year that anyone would blame him for what he did.

What’s bizarre but also entirely predictable is Biden’s stubborn insistence that the drastically less valuable buck stops anywhere but at his desk. Even his own economists, however, sort of admitted last month that the Democrats’ spending spree in 2021 is what ignited the raging inferno. In its annual Economic Report of the President, his team admitted that stimulus spending bills “could have contributed to high inflation.”

That’s putting it mildly.

“Inflation is made in Washington because only Washington can create money,” said renowned economist Milton Friedman back in 1978. “It’s always and everywhere a result of too much money, of a more rapid increase in the quantity of money than in output. Inflation in the United States is made in Washington and nowhere else.” He added, “What produces it is too much government spending and too much government creation of money, and nothing else.”

Outlandish COVID spending began under Trump, but Democrats continued it unnecessarily, and they want to make it the new floor for federal outlays. According to the Cato Institute, “Accumulated federal debt will soon reach all‐time highs relative to the size of the economy.”

Nevertheless, when it comes to hitting the debt ceiling soon, Democrats obviously aim to simply keep raising it, and they refuse to negotiate even modest reductions in the growth of spending. Never mind actual cuts sought by Republicans.

Enter Joe Manchin. In a Wall Street Journal op-ed last week, the West Virginia Democrat who helped Biden pass his spending initiatives now complains that the president is pursuing nothing but an ideological agenda.

This just in.

“While all parties have a responsibility to negotiate [the debt ceiling] in good faith,” Manchin says, “recent actions make clear to me that the Biden administration is determined to pursue an ideological agenda rather than confront the clear and present danger that debts and deficits pose to our nation.”

He went even further, accusing the administration of being “more determined than ever to pervert [the Inflation Reduction Act] and abuse existing authorities to increase spending.” Manchin claims that’s happening via “unelected ideologues, bureaucrats and appointees” who are “redefining [the law’s] credits and other subsidies.” One such benefit is for affluent buyers of expensive electric vehicles. He also grumbles that domestic energy production isn’t getting sufficient attention.

So, the real question is this: Is Joe Manchin the biggest dupe in Washington? That’s basically what he claims.

Manchin loves to play the part of the fiscally sane middle man before going right along with just about everything Chuck Schumer and the rest of his Democrat pals want. He negotiated the terms of the Inflation Reduction Act and then provided the deciding vote. His act is all about getting reelected in West Virginia (Trump by +39 points).

That’s also why he keeps playing coy about whether he’ll run for reelection next year and whether he’ll do so as a Democrat, Republican, or independent.

Neither Joe wants to admit any culpability for the inflation that has established deep roots in the U.S. economy, but both men are phony centrists who’ve run up the nation’s credit card on the wish list of radical leftists. They have no one to blame but themselves.

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!


The Patriot Post and Patriot Foundation Trust, in keeping with our Military Mission of Service to our uniformed service members and veterans, are proud to support and promote the National Medal of Honor Heritage Center, the Congressional Medal of Honor Society, both the Honoring the Sacrifice and Warrior Freedom Service Dogs aiding wounded veterans, the Tunnel to Towers Foundation, the National Veterans Entrepreneurship Program, the Folds of Honor outreach, and Officer Christian Fellowship, the Air University Foundation, and Naval War College Foundation, and the Naval Aviation Museum Foundation. "Greater love has no one than this, to lay down one's life for his friends." (John 15:13)

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

Please join us in prayer for our nation — that righteous leaders would rise and prevail and we would be united as Americans. Pray also for the protection of our Military Patriots, Veterans, First Responders, and their families. Please lift up your Patriot team and our mission to support and defend our Republic's Founding Principle of Liberty, that the fires of freedom would be ignited in the hearts and minds of our countrymen.

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2024 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.