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Thursday, June 8, 2023

Biden's Economics is called WOE! What does this mean?





Today's Wall Street Journal had an article by Robert Zoellick, prior World Bank President, who describes the Biden economic model as WOE. WOE means 'Washington Ordered Economics'. This name seems relevant to me as I also view Biden's economic model as a form of Central Planning which strangles our private markets from operating efficiently. 

Today, Biden is trying to fund many Socialist programs so as to promote his WOE agenda. Biden even wants to eliminate gas stoves and gas furnaces so as to promote his so-called GREEN energy policies. He is willing to MANDATE these policies upon our markets. Biden wants Americans to abandon fossil fuels and buy electric cars so as to lower the carbon footprint in our land. Is any of this viable long-term?

As I write the entire State of New York and much of Washington D.C. is under a dense fog from some 413 fires burning in Canada (north of these areas). This fog is causing more carbon issues than all of the prior declines which were prevalent in our markets. Climate change has not been favorable for our Green energy policymakers. But Biden is unlikely to change any of his policies as he is controlled by those who desire this strategy for America.

All this Green policy of the Biden Administration is mostly rejected by the mainstream American voters. As interest rates increase and inflation grows in our markets, many citizens are seeking a stronger private economic market and rejecting this WOE model of Biden. Biden's popularity is decreasing rapidly as Americans become more AWARE of his agenda. All this spells DOOM for Biden's bid to get re-elected to another term in 2024.

Americans are starting to wake up to all the Central Planning and central manipulations of our markets. Biden wants more Central Planning as his administration (the Left) desires a trend towards Big Government and this Agenda 2030 model of State control over all our markets. The trend is toward a Uni-polar World System where Central Planners can determine what the market will produce. Consumers will be slaves.

Great change, however, is gradually happening as Americans start to wake up to the current trends. My sense is that  the trend towards this WOE model (Washington Ordered Economy) will totally collapse as the coming 2024 election season gets going. We have some nine Republican candidates (so far) running on a different philosophy from that of the Biden Administration. Democrats are also starting to reject the Biden model as they get more educated on the likely consequences.

My sense is that America will REJECT this WOE mindset of Biden (and his Leftist's) when the 2024 election gets fully going. As of today, I sense no Republican candidate who will buy into this WOE agenda and if Robert Kennedy, Jr. gets some traction, he will also reject this WOE agenda. The current mindset of Biden and his Leftist supporters is losing support rapidly. We can witness this in the current polls.


The list of candidates grows monthly. Mike Pence declared his entry yesterday as did the current Governor of North Dakota, Doug Burgum.

All of the statements to date from this group of candidates points to a total rejection of the Biden agenda of WOE. My sense is that America will experience a huge economic debacle later this year and next and this will WAKE-UP most thinking American voters. Economics is key to our survival and current policies are NOT leading to real prosperity, growth, and progress. We need new leaders and this will be recognized as events play out over time IMO.

That is my viewpoint, you will need to do your own thinking on all these issues. I am: Donald B. Swenson, Economist/Philosopher, donaldswenson.blogspot.com.

http://kingdomecon.wordpress.com








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