Commentary
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As we enter 2022, I think virtually everybody is gonna look ahead to the elections. And it’s very interesting how many people on the democratic side are now retiring. In fact, they may be moving towards a record for the number of retirees. That creates open seats, increases the opportunities, stretches their resources.
Even if it’s a democratic seat, the people who run the primary are all gonna be out gathering money and absorbing resources that could have gone into competitive races.
At the same time, President Biden continues to decay as a president, his polling numbers get worse, his inability to deal with COVID, his inability to deal with inflation, his inability to deal with migration. The whole process we’re watching is one of failure.
It was sort of captured when there was a huge, uh, traffic jam on I-95 at Fredericksburg, Virginia, people literally were trapped in their car for about 24 hours. And it was in the middle of that, that, Kamala Harris’ staff sent out a tweet from Kamala Harris commenting on how the new infrastructure bill had America back on the road moving again. It was about as weird a moment as you’re gonna get and made her look kind of like she was totally outta touch with what’s going on.
That by the way, was a traffic jam so big that a US Senator actually was trapped in the traffic jam for about 24 hours. Cars were running out of gas cuz they had to keep their engines running just to stay warm. And it was, it was a pretty good mess although luckily I don’t think anybody was killed, which was a good thing.
The, economy, I think, is gonna be very rocky this year. Sooner or later the Federal Reserve is gonna have to raise interest rates cuz the inflation rate is gonna continue to rise.
The shortages are gonna continue. There are now over 120 ships that are sitting offshore from Long Beach. That’s up from about 60 a few months ago. They cannot solve their whole logistics chain problem. That’s gonna take them six months or a year more.
If they’re lucky to get that done, the energy problems will continue. The price of gasoline’s about to start going back up.
So I think it’s gonna be a challenging year for the Democrats, and could end up being a remarkably good year, uh, making, Kevin McCarthy speaker, giving the Republicans a majority again in the Senate.
So, we’ll see what happens and I’ll be reporting as the year goes on.
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