Could a second Biden term be more injurious to the economy than his first term? It seems unimaginable given the first three years gave us 20% inflation, a $2,000 loss in average real incomes for the middle class, 6 million added illegal immigrants, a war on American energy that has caused gas prices to rise by more than 40% to $3.64 a gallon, the collapse of our many major cities, another $6 trillion added to the national debt, the unaffordability of new homes and the chaos on college campuses.
Biden says he's fully committed to net zero fossil fuels and getting nearly all our energy from the electric grid system. Not only is that a technological pipe dream requiring a doubling of the electric grid system that is already experiencing brown outs in states like California, but it would make our entire $13 trillion economy dependent on one source. The cost of heating your home would likely double or triple. 4.