Former president Joe Biden left almost simply 22 days before, but his horrific legacy of radical overspending, overborrowing, and overregularizing lives continues. The most recent Treasury figures serve as another glaring illustration of how deep the hole the Biden Cabal dug for us.
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Look, I’m aware that these spending stories may seem clean and dull, and I always feel like I’m losing readers when I read one of them, but Donald Trump, Elon Musk, and the DOGE boys seem to be getting the hang of it. But as we gaze into the darkness and apprehensionlessly hope that it isn’t gazing into us, bear with me once more.
” The station is out of control”, Geiger Capital warned on X on Monday. ” The first four months of FY 2025 produced a deficit of$ 838 billion. That’s$ 306 billion more than the deficit recorded in the same period last fiscal year” . ,
As I weed through the high weeds, stay your light nearby.
In the final third of Bidenomics, the year-over-year gap increased by more than a second, but income merely increased by less than 1 %. Washington uses a lot of money, like injecting new heart into a corpse, that we don’t have almost no use for.  ,
The press claimed that this was the Biden economy, which was all hunky-dory in their bid to force Kamala Harris past the finish line.
” We’re running a$ 2.5 TRILLION annual deficit” for 2025, Geiger concluded.  ,
The market’s official development rate last year was 2.8 %. That’s an extra$ 815 billion in a$ 29.1 trillion economy. But the federal deficit last year — the money Washington conjured up out of nothing to pay for s*** we didn’t need — was$ 1.8 trillion. What that means is that our 2.8 % growth was an idea, a Washington finance fad financed by our grandchildren and great-grandkids.  ,
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The plants are looking like trees right then, I know, but stay with me.
The economy may have decreased by about$ 1 trillion if Washington had spent little more radical than we could have afford last year. That is a terrible crisis, with the business coming to an end nearly three times as small as it did the first.  ,
But where’d all that funny cash go?
Did you think… straight back to the government?
Of course you do. 2024 was a wonderful time for institutions. Not so much for the private market, especially for Americans who struggle to find decent employment in the real world.
Remember the Bureau of Made-Up Labor Statistics ‘ ( BMW) omission of over 800, 000 jobs that Biden had been given credit for in the previous 12 months but which were never created last quarter? Also, there’s more:
Joe Biden’s last work report is out and it’s a monster.
– 589, 000 tasks revised into nothingness
– 70 % of jobs created in the state sector
– 99.2 % of jobs going to foreign-born staffThis is the chaos they’re handing Donald Trump. photograph. twitter.com/zUmz4pfBKU
— Peter St Onge, Ph. D. ( @profstonge ) February 10, 2025
Another almost 600, 000 imaginary tasks were removed from the numbers. The vast majority of actual work were state employees who were paid with my and my tax dollars. But have a good time getting new money from me or you because just eight out of every 1,000 novel jobs were filled by Americans.
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Simply put, the majority of the money spent on the Biden Cabal’s signature legislative victories was spent on what they believed would become his second term, with his election guaranteed by fictitious job numbers and a ton of debt dressed up like Ro Busty Growth’s bring wife.
The flow of amusing money is then accelerating under Trump’s control, giving the GOP Congress and the Expand boys even more fat to cut.  ,
They’re up to the work, but they need your outspoken help, just as quiet as you can cry it.
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