Bill Bonner, reckoning today from Poitou, France...
"Sometimes I'll start a sentence and I don't even know where it's going. I just hope I find it along the way."
-White House Press Secretary Karine Jean Pierre.
This morning, Bloomberg broadcast another painful performance by White House Press Secretary, Karine Jean-Pierre. Asked how the administration can square student loan forgiveness with its other fiscal goals, Ms. Jean-Pierre gave a rambling, incoherent response.
The only complete sentence we could detect was this:
"We do believe it will be fully paid because of the work this president has done with the economy."
Of course, it makes no sense. The president has done no 'work' with the economy at all. He has only burdened it with more costs, more regulations and more claptrap. Between the infrastructure, Ukraine aid, silicon chip and 'green' energy boondoggles, the Biden Bunch added almost $2 trillion in new spending. Debt forgiveness can only make inflation worse.
But it seems a little mean spirited for Bloomberg to show the video of Ms. Jean-Pierre; it is like laughing at old person running to the bathroom. She needs sympathy, not mockery. After all, she must be in some sort of program for people who are 'differently abled' or with 'special needs.' Besides, the real problem is not her, it's that so many federal programs are inexplicable… except as schemes to rob the taxpayers.
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