[guest post by JVW]
Yesterday, in the never-ending search for hopeful economic news in the run-up to the midterm elections, the Biden White House hit upon what they thought was a winner:
Seems straightforward enough, right? “Hey! More money for seniors! How awesome!” Unfortunately, the brain trust surrounding our 46th President is apparently as ignorant of economics as their boss is, and multiple outlets started fact-checking the claims that it was “Biden’s leadership” which led to the increase in the Cost of Living Adjustment.
In other words, the COLA increase is coming because inflation is so bad. Ironically enough, the White House might have inadvertently been telling the truth about President Biden’s “leadership” leading to the ongoing increase in inflation leading to the increase in the COLA, but given that they have been spinning themselves into a frenzy trying to convince the American people that our untrammeled inflation has nothing to do with the disastrous policies the Administration has pursued over the past nineteen months, it’s impossible for them to reconcile their various prevarications into a believable narrative. Brand-new Twitter owner Elon Musk gave his company some credit for calling out Team Biden’s nonsense.
Unsurprisingly, the White House deleted the tweet earlier today. White House Press Secretary Karine Jean-Pierre responded this afternoon by essentially saying, “whoopsie,” which would make a great epitaph for this incompetent crew, though she also did rehash the old “Republicans would cut Social Security” claim.
The Republicans have their ongoing problems, there’s no doubt about it, but the craven and feckless Democrats deserve to be routed on Tuesday.