Red Right Daily

Truth in Freedom

Sperling Resigns From Admin

Sperling Resigns From Admin

Let’s talk about the latest developments in what can only be described as economic chaos under the Biden-Harris administration. The economy was already in rough shape, with inflation squeezing Americans and interest rate hikes making life even tougher. But now, as fears of a recession grow, the global markets are taking a nosedive, and things are looking pretty grim.

In the middle of all this turmoil, Biden’s top economic advisor, Gene Sperling, has decided to jump ship. And the timing couldn’t be more symbolic—or concerning. Sperling, who played a key role in the $1.9 trillion American Rescue Plan that many believe helped kickstart the inflation crisis, is leaving right as the markets are crashing. It’s hard to see this as anything but a sign that things are far from stable.

Now, Biden himself seemed oddly upbeat about Sperling’s departure, releasing a statement that praised the advisor for helping to create “one of the most equitable and resilient economic recoveries ever.” But let’s be real—how does that statement hold up when the markets are in freefall and inflation is still raging? Not very well, I’d say.

And let’s not forget Kamala Harris, who’s been fully on board with Bidenomics from the start. She’s been quick to laugh off concerns and blame inflation on “greedy corporations,” all while the economic reality for ordinary Americans keeps getting worse.

So, what does Sperling’s departure really mean? Well, he’s not just leaving the White House—he’s joining the Harris campaign as an economic advisor. If you’re not happy with the state of the economy now, it’s hard to see how this move is going to inspire confidence in a Harris administration. It raises serious questions about Harris’s judgment, too. If this is the kind of economic advice she’s relying on, it’s no wonder people are worried.

Harris has been enjoying a bit of a honeymoon period in the polls, partly because she isn’t Joe Biden, and partly because the media has been painting her as the next big thing. But as the facts start to come into play, that honeymoon might be over sooner than she’d like. The oversampling of Democrats in some polls can only hide so much for so long, and Harris’s own issues are bound to come to the surface.

Written by Mark Stevens - August 6, 2024