With nothing useful to do, Biden stretches his 75th? 82nd? consecutive weekend at Rehoboth into a three-day beach break.
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“Lunch pail Joe, friend of the working man
Biden sought to blame inflation on his predecessor Donald Trump — after previously citing COVID-19 supply chain bottlenecks, Russian President Vladimir Putin, congressional Republicans, oil companies, meat producers and trans-oceanic shipping companies.
“We also can move in a direction that we can provide for tax — increasing taxes on those in the corporate area as well as individuals as it relates to [former President Donald] Trump’s tax cut, which is inflationary,” Biden said. “You know, going out and buying a yacht doesn’t help the economy a whole lot.”
I’m sure the old man doesn’t remember the “Luxury Tax’ on boats he voted for in 1991, but others do, because it brought in far less than half the revenue Democrats projected — rich people just bought other toys — and, more significantly, wiped out small boat builders from Florida to Maine. The actual act of buying a yacht may not have a huge effect on the economy as a whole, but eliminating the jobs of several thousands workers certainly does, especially for the employees, their families, and the small towns where so many of those shipyards were located. But like pipeline workers, no price is too high to pay for the satisfaction of performing a phony political pretense of “doing something” about the issue of the day.
