If you listen to the mainstream media, they’re telling us Joe Biden is a top pick for the presidential nominee of the Democratic party in 2020. I’m a bit puzzled why that is. In the upcoming 2020 election, millennials will make up 40% of the voters, yet he’s been going around telling them to “shut up”. Biden went on to say that he has “no empathy” for them or their problems.
That’s really surprising. He seems really out of touch. Why are millennials so outraged? Let’s take a look at some facts.
Did you know, Mr. Biden, that it costed millennials nearly four times what it costed you to earn a college degree? That’s inflation adjusted. Four times as much. And that without a degree, most of them have struggled to find any decent career?
Then you hear that many millennials end up with their parents basements after graduation. Considering they’re under such a large debt burdens from student loans, it’s difficult for them to go out and get a home. But that’s not the only reason. Homes are way more expensive than they once were. If you look at the data, you see that home prices were relatively consistent for fifty years and then all of the sudden just doubled in price. What’s that all about?
Believe or not, you can thank Joe Biden for that. He was responsible for repealing the Glass-Steagall act which lead to a lot of this. Just a quick look on Wikipedia and you’ll find:
After the financial crisis of 2007–2008, some commentators argued that the repeal of Sections 20 and 32 had played an important role in leading to the housing bubble and financial crisis. Economics Nobel prize laureate Joseph Stiglitz, for instance, argued that “[w]hen repeal of Glass-Steagall brought investment and commercial banks together, the investment-bank culture came out on top”, and banks which had previously been managed conservatively turned to riskier investments to increase their returns.
So as you take a look at this next chart, look at home prices. Thanks Joe! Your Wall Street buddies really made out.
Let’s take a look at wages. When inflation is taken into account, millennials earn 60% of the wages someone in 1970, and on average, it’s clear to see it’s been going down ever since. So for those stuck in minimum wage (which is a lot of people these days), they have to work two jobs to earn the same as previous generations did in one job.
Then there’s healthcare, which is totally broken. Many jobs today refuse to offer benefits. Why? That’s because healthcare costs are four to five times what they were in the past.
And I’m sure everyone paying attention has noticed that he’s a total creep. With every photo-op, the guy is dragging the young girls next to him, groping them, stroking their faces, smelling their hair, and whispering things in their ear. According to secret service, when the cameras aren’t on, the guy’s ten times worse. I believe it. Take a look for yourself.
All these poor girls (and they’re always girls) are making awkward faces and trying to get away from him. Sometimes the mothers and fathers are having to step in and get Joe away from their children. It’s even lead to memes on the internet.
This is the same guy who in 1994 passed extra strict legislation to lock everyone up in privately owned prisons. In 1995 he was busy writing the Patriot Act. Yes, he WROTE the Patriot Act. (take a second to pause and re-read that) In 1996 he voted against gay marriage. As I mentioned, in 1999 he repealed the Glass-Steagall act, turning our economy in a giant casino, wrecking the economy in 2008 (and the problems which caused that crash have never been addressed), and creating the housing bubble which I was showing earlier. In 2002 he voted for the Iraq War and was one of its biggest cheerleaders at the time. In 2005, he was instrumental in removing loan protections for students who are struggling to pay their bills. Oh, and in 2018, he felt compelled to offer George W. Bush the Liberty Medal. What a guy!
If you follow politics over the last twenty years, he’s always been on the wrong side of everything. He’s a Wall-Street, military industrial complex, war-mongering, corporate insider democrat. If that’s what you want, Joe’s your man. It’s not what I want. If the mainstream media is telling you to like someone, look into them. I can almost guarantee you that they’re NOT who you want.