America


The Speech Joe Biden Should Give, But Won’t


Economist James Carter wishes the president would realize the error of his ways and change direction.


P BY JAMES CARTER


resident joe biden instinctively pursues nearly every bad policy idea that touches his Oval Office desk.


But what if, much like Saul’s conver- sion on the road to Damascus, Biden was to realize the error of his ways and change direction? Should that happen, we might hear the following presiden- tial address. My fellow Americans, These are trying times. Inflation stubbornly hovers near a 40-year high. Consumers are paying sticker-shock prices for necessities. And labor shortages and kinked


supply chains make finding those necessities more difficult than at any other time in recent memory. Despite my best efforts, the U.S.


economy, having contracted in the first two quarters of 2022, is on the cusp of


recession. Since I took office, real wages have


fallen 4.3%. I have spent my life in public


service. I have long believed that no problem cannot be solved with more government spending, higher taxes, and more federal regulation. And if that doesn’t work — simply try, try again. My confidence in this vision has


been the foundation of my presidency. And I have been successful in executing it.


Within just two months of assuming


office, I signed a $1.9 trillion spending bill into law — without the support of a single House or Senate Republican. And I didn’t stop there. I signed


executive order after executive order to grow the government and increase its influence in every aspect of American life.


I led the charge for big government


socialism — signing more gargantuan bills with hundreds of billions of dollars in new taxes and spending. I mean, c’mon man. I was so successful that my friend Sen. Pat Leahy, chairman of the Senate Appropriations Committee, bragged the omnibus appropriations bill I signed earlier this year had “the largest increase in non-defense programs in four years.” I abandoned my predecessor’s effort


to lighten the regulatory burden. My administration has, to date, imposed new regulations costing $214.9 billion — the equivalent of $648 for every man, woman, and child in the United States — and generating 137.2 million in additional compliance paperwork hours annually. Seriously. No joke. I waged war on the fossil fuels


industry. While my predecessor leased 4.4 million acres of federal land for oil and gas production in the first 19 months of his administration, I reduced the number of new federal acres leased out to oil and gas companies by 97%. In my defense, gasoline prices have


come down and are “only” 61% higher than when I assumed office.


MY EPIPHANY


I did what I thought was right. I know now I was wrong. I can no longer try, try again with


the same policies that have led us here. We are living the consequences of


my anti-growth policies. But we have serious potential if we change course. No joke. From today onward, my administration will seek to foster an environment conducive to economic growth. The best way to grow a productive labor force is to lighten the tax and


28 NEWSMAX | NOVEMBER 2022


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