While White House officials attempt to build up the country with false claims and new definitions of terms like "recession," the man who currently occupies the Oval Office is depleting the personal resources of Americans and essential stockpiles for the country.
With his appeasement style and weak foreign policy posture solidly in place, especially in the wake of a catastrophic and embarrassing exit from Afghanistan nearly a year ago, President Joe Biden failed to prevent a Russian invasion of Ukraine earlier this year. To make up for the failure, he's requested nearly $60 billion in weapons and other funding for the country without establishing a goal of victory for U.S. involvement.
As the war drags on, requests for weapons continue to be made. With ongoing supply chain problems and chip shortages, the U.S. has depleted its own weapons stockpiles on behalf of President Volodymyr Zelenskyy. A resupply isn't a quick or easy task, and defense officials were caught off guard at the pace at which supplies were shipped out the door.
"Analysts estimate that the United States has sent about one-quarter of its stockpile of shoulder-fired Stinger missiles to Ukraine. Raytheon Technologies CEO Greg Hayes told investors last week during a quarterly call that his company, which makes the weapons system, wouldn't be able to ramp up production until next year due to parts shortages," PBS reports. "Concerns about the Stinger stockpile have been raised by House Armed Services Committee chairman Rep. Adam Smith, D-Wash., and the top Republican on the committee, Rep. Mike Rogers of Alabama. The two in March wrote to Defense Secretary Lloyd Austin and Chairman of the Joint Chiefs of Staff Mark Milley, describing the stockpile issue as one of 'urgency.'"
Related to Ukraine, President Joe Biden has repeatedly blamed record gas prices on the "Putin price hike" rather than citing his open war on domestic energy production in the U.S. With winter looming, Putin is using Europe's reliance on Russian natural gas as a weapon. Because Biden has cut off the American energy market, western companies are incapable of blunting the threat for its allies or making up for supply being held hostage. Adding insult to injury, they also can't boost the U.S. economy by selling and exporting natural gas to Europe.
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Back at home, fertilizer shortages, prompted again by high energy prices and the inability to get supply out of Ukraine, are causing food shortages.
"We're heading for a food shortage in this country where you have different regions of the world, such as Ukraine, that won't be producing enough commodities such as corn, wheat and soybeans. All of these things are going to affect us here at home, and we're going to see empty food shelves in the coming months," National Black Farmers Association President John Boyd Jr. warned during a recent interview with Fox News.
In an effort to appear as if he's doing something to ease pain at the gas pump, Biden has depleted the Strategic Petroleum Reserve, which should be reserved for national emergencies, to levels not seen since 1986. It has done nothing to decrease prices, and much of it has been sold off to China. He has announced no plans to replenish it.
"The U.S. Department of Energy's (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced an additional Notice of Sale of up to 20 million additional barrels of crude oil from the Strategic Petroleum Reserve (SPR). This Notice of Sale is part of President Biden's announcement on March 31, 2022," the Department of Energy released this week.
And finally, Biden's inflationary and socialist spending policies have led to a wipe-out of American finances. Wage growth has been eliminated as inflation continues to climb toward 10 percent, the worst number since the 1970s. Losses on Wall Street tell the same story. Retirement savings and 401k plans have evaporated. Years of hard work eliminated.
"Rampant inflation will result in a delayed retirement for a large swathe of Americans who are concerned about dwindling savings accounts and tight budgets, according to the results of a new survey published this week," the New York Post reports. "With the costs of daily necessities such as food and fuel hitting record highs, 25% of Americans will need to delay their retirement to account for the reduced savings, according to the quarterly BMO Real Financial Progress Index."
Biden's first term will be remembered as the Great Depletion, bolstered by a self-inflicted recession with stagflation and even more shortages on the horizon.
