How Is Joe Doing So Far?

 Andy Kessler wrote an interesting Opinion piece in the Wall St. Journal last Monday entitled "How to Be an Anticapitalist". He finds some significant parallels between an anticapitalist and the current USA President.

Citing a few:

1. Pay people not to work. According to a recent Morning Consult poll, 1.8 million workers have turned down jobs, due in part to the extra $300/week the federal government is offering to states.
   
   
2. Shut down pipelines that lower the cost of fuel, which creates a rise in almost all consumer goods prices, as crude jumps to over $73/bbl. It was $56/bbl when Joe took office in January. Meanwhile let your foreign government finish its gas pipeline, causing European countries to be more dependent on Russia, while leaving Ukraine holding the bag (due to its loss of gas transit revenues). A blue state governor joined in with the shutdown of a nuclear power plant in New York state, while New York city residents have been asked to cut back on energy use during a summer heat wave.
    
3.  Slow down business capital formation by raising the top tax rate on capital gains. President Biden has asked for an increase from 24% to 43%. That should work if passed, especially if you could call it "infrastructure", and use reconciliation to pass it so no Republican members of Congress need participate.
   
   
4. Waive Covid vaccine patents so big pharma won't have the incentive to create a vaccine for the next pandemic that (allegedly) comes from Wuhan. That could slow down the economy just like the current pandemic did.
   
   Then pile on some extras:  limit speech, open the borders, mess up healthcare, defund the police, don't enforce crime (have you seen San Francisco lately? Absurd!), and have your Treasury Secretary make like OPEC and get the G-20 together to come up with a minimum international tax. Wow--whose side is she on? 

Sad part--this will impact low-income families most, robbing them of what could have been a better life. With socialism we will all be equal, heck Cuba, Venezuela are both excellent examples of everyone being equal. Sadly, to get there most people got their standard of living LOWERED.