Biden’s Agenda and Ratings Implode

The Alternative to Left & Right Spin

PLEASE RE-SUBSCRIBE IF YOUR SUBSCRIPTION IS RUNNING OUT.

1. If you are having trouble logging in, it may be that your subscription has run out. Please renew. If problems persist, contact me at al.tuchfarber@gmail.com. Or, call me at 513-232-7178.
2. To subscribe or renew for 1 or 2 years go to TuchfarberReport.com/subscribe/.

Thanks,
Al

In-Brief

1. The debt ceiling was raised for two months, with the Rs providing enough votes to allow it to pass. The Ds are on their own to raise it higher by Dec. 3.
2. The Biden administration has told the FBI to look out for those crazy parents who want a say in their child’s education. Peaceful protests are being labelled as terrorism, while BLM and Antifa terrorism goes unpunished. This order, if actually enforced, will violate at least three major Constitution rights every American. Dictator Joe strikes again.
3. The US southern border continues in chaos and a humanitarian nightmare. It is being swarmed by tens of thousands of refugees from Haiti and over 100 other counties. Tens of thousands more Haitians and others are now working their way through Central America and Mexico. The Biden administration continues to make things worse with their policies and ineptitude.
4. Both the $1T bi-partisan physical infrastructure bill and the $3.5T social infrastructure bill are tied up in a battle between radical-progressives Ds and moderate Ds. It is not clear if either will pass anytime soon. The $3.5T social infrastructure will pass only if it is reduced to about $2T. The internal battle among Democrats will determine if the $1.0T physical infrastructure bill passes.
5. Afghanistan continues to be a violent hellhole. The economy is collapsing, and the electricity supplies will soon be shut off. Americans are still at risk as are millions of Afghans. The Biden State Department is in disarray.
6. The US economic recovery continues to be strong. US labor shortages are widespread. Inflation tames for two months but spiked earlier in the summer. Jobs created in September were much lower than expected, but there were a number of technical quirks and the unemployment rate actually fell from 5.2% to 4.8%.
7. The Biden vaccine mandate may throw the entire US labor market into chaos, which in turn could throw the US into recession. If tens of millions are fired or quit because of the vaccination mandates ordered by Biden we could face economic disaster.
8. Covid cases and deaths are now falling in the US rapidly.
9. China’s economy is on the verge of collapse because the Chinese have far more public and private sector debts than they can pay-back. Any Chinese economic collapse will slow global growth, including the US. It will also worsen the supply chain crises and further imbalance supply and demand.