Politics

David Harsanyi: Biden’s So-Called Rescue Plan Is Actually a Boot on the Economy’s Throat

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Economists expected the country to add about 1 million jobs in April, but we came up 800,000 jobs short. March’s gains were also revised down another 140,000. Leftist pundits and wonks, as is their wont when Democrats hold power, were “perplexed” by the bad numbers.

And Biden is simply in denial. “There’s been a lot of discussion since Friday’s report that people are being paid to stay home rather than go to work,” the president explained. “We don’t see much evidence of that.”

There are 7.5 million jobs available in the United States, but only 270,000 were filled. And Americans are getting $300-a-week bonus checks to stay home. As Bank of America economist Joseph Song noted, even those making $32,000 a year would get a raise by going on unemployment. That seems like evidence.

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“I want to put today’s job report in perspective,” Biden also explained. “Quite frankly we’re moving more rapidly than I thought we would.” So, Biden expected a bigger-than-800,000 miss on jobs? That’s quite the admission.

Even as he was alleging that the paltry job numbers were outperforming his expectations, Biden was making the non-falsifiable claim that the situation could be improved by passing more colossal spending bills.

When the economy bounces back, Democrats will credit spending. When stimulus plans underachieve, Democrats blame it on a lack of spending. Convenient.

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How much will be enough? It’s unknown. Right now, Biden wants to spend another $4 trillion. Last week, we learned that April consumer prices had “unexpectedly” jumped 4.2 percent from a year ago. Some economists argue that this is all transitory. Maybe. What would another massive left-wing goodie bag do for inflation? Biden doesn’t seem to care.

What else can the president control? Nationalizing elections isn’t the president’s job. Controlling the southern border is. Yet, when Biden isn’t blaming Donald Trump or seasonal migration patterns for the crisis on the border, he’s pretending nothing is wrong.

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