JOE BIDEN HAS FLOODED THE NATION WITH 10 MILLION ILLEGALS WHO ADD TO THE ALREADY 50 MILLION HERE.
NOW DO THE MATH!
The Recession is Underway. People are getting kicked out of their Houses.
Americans Be Warned: The US Economy Is Heading For A Huge Downturn
Robert F. Kennedy Jr.: Use Gov’t Bonds to Help First-time Home Buyers
Democratic presidential contender Robert F. Kennedy Jr. said this weekend that the government should assist first-time home buyers by offering them discounted 3 percent mortgages, financed by selling tax-free U.S. Treasury bonds.
Kennedy described his policy during the Breitbart News Labor Day Special on SiriusXM Patriot 125 with host Joel B. Pollak. The policy is one of several economic policies Kennedy is highlighting as part of a Labor Day push.
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“I’m gonna give everybody a ‘rich uncle’ — it’s gonna be Uncle Sam,” he said. “I’m going to have Uncle Sam cosign those mortgages. This new class of mortgages is going to be for single-home buyers in those communities who are going to live and work there.”
The proposal is similar to one floated by the late conservative Harvard economist Martin Feldstein, who wrote in June 2008 that the U.S. could avoid turning the subprime mortgage crisis into a full-blown financial crisis by using the government to offer partial financing to homeowners whose mortgages were more expensive than the value of their homes. The suggestion was not taken up; three months later, Lehman Brothers failed and the market crashed.
Critics of Kennedy’s plan suggest that it will increase government indebtedness, contrary to his promise that the program will not increase the federal budget deficit, and that it will cause more homeowners to become dependent on the government. But Kennedy points out that large private investment funds are currently buying up single-family homes as investment properties, using all-cash offers to crowd out American households who must borrow money from banks to afford housing — if, that is, they can afford to purchase homes at all.
Kennedy described the decline of home ownership among young Americans as a problem not just for the economy, but also for American democracy, which has historically relied on a large and growing middle class for stability.
Pollak and Kennedy also discussed the candidate’s plans to provide child care for working mothers, which would enable many women to return to the labor force after being forced to stay home during the coronavirus lockdowns.
Kennedy trails incumbent President Joe Biden in polls of Democratic Party primary voters, but has shown momentum on the campaign trail in early primary states. He has challenged Biden to prove his fitness by debating.
Bidenomics Isn’t Working: Vast Majority of Americans Say Economy Is Bad And Getting Worse
A super-majority of voters have negative views of the U.S. economy and disapprove of President Biden’s handling of the issue, according to a Wall Street Journal poll that the paper describes as “a stark warning to the 80-year-old incumbent ahead of the 2024 contest.”
Sixty-three percent of American registered voters say the economy’s strength is “not so good” or “poor.” Just 32 percent say the economy is “good” and only five percent say the economy is “excellent.”
President Biden has been attempting to win over Americans to a more favorable view of his performance on the economy, claiming that positive developments are the result of what he calls “Bidenomics.” There has been some improvement in the public’s view of the economy this year. In December, 67 percent had negative views of the economy and in October this was as high as 72 percent. A year ago, the public’s view of the economy was close to what it is now.
When asked how the economy has fared over the past two years, 58 percent say the economy has gotten worse. Just 28 percent say the economy has gotten better. Twelve percent say the economy is about the same as it was two years ago.
Although the rate of inflation has declined this year, Americans are unhappy with rising prices. Seventy-four percent say inflation has moved in the wrong direction, with just 20 percent saying it has moved in the right direction.
Fifty-four percent say their personal financial situation has moved in the wrong direction over the past year. Thirty-eight percent say their situation has moved in the right direction. Fifty-three percent say the availability of products and goods has moved in the wrong direction
Fifty-nine percent say they disapprove of Biden’s handling of the economy, basically unchanged since the Wall Street Journal polled the question in March and April. Forty-eight percent say they “strongly” disapprove of Biden’s handling of the economy.
Sixty percent say they disapprove of Biden’s handling of inflation and rising costs, including a majority—51 percent— who say they strongly disapprove.
Although Biden claims his programs are growing the economy “from the bottom up and the middle out,” most Americans do not agree. Fifty-eight percent say they disapprove of Biden’s handling of the issue of growing the middle class, including 47 percent who wrongly disapprove. Just 36 percent say they approve of Biden’s handling of the issue.
Biden is also underwater on the issue of Social Security and Medicare. Forty-seven percent say they disapprove of his handling of these entitlement programs, versus 39 percent who say they approve.
On the issue of China, 55 percent disapprove and just 36 percent approve.
There are some economic issues where the public’s rating is less negative. On the issue of creating jobs, the public is evenly split. Forty-seven percent say they approve of Biden on jobs and 47 percent say they disapprove. On improving infrastructure, forty-seven percent disapprove and 45 percent approve. On bringing manufacturing jobs back to America, 47 percent disapprove and 42 percent approve.
Forty-five percent say the job market has moved in the right direction over the past year, with 44 percent saying it has moved in the wrong direction. The unemployment rate in August moved up to 3.8 percent from 3.5 percent, largely reflecting an increase in the number of people who are looking for work. Forty-eight percent say the stock market has moved in the wrong direction and 27 percent say it has moved in the right direction.
The housing market elicits an overwhelmingly negative response. Eighty-six percent say the cost of housing has moved in the wrong direction, versus just eight percent who say it has moved in the right direction.
The economy is weighing heavily on the minds of many Americans. Thirty-eight percent of Americans say the economy is the most important issue in the 2024 Presidential election, up from 35 percent in April. Another 10 percent said inflation is the most important issue, up from seven percent in April. After the economy, the top issue is “immigration, at 23 percent. No other issue scores in the double-digits.
These negative views of the economy are likely weighing down Biden’s overall popularity. Just 39 percent say they have a favorable view of Biden, versus 58 percent who say they have an unfavorable view. Forty-nine percent say they have a very unfavorable view.
Republicans can only so much comfort from Biden’s unpopularity. The poll shows that Donald Trump is not any more popular than Biden. Thirty-nine percent say the approve of Trump and 58 percent say they disapprove. Fifty-two percent say they have a very unfavorable view of Trump.
In terms of next year’s presidential election, Biden is tied with Trump in the poll. Forty percent said that if the election were held today, they would vote for Trump. Thirty-nine percent say they would vote for Biden. Seventeen percent say the are undecided. When asked who they would vote for if the Democrat nominee were Biden and the Republican nominee were Trump, 46 percent say Biden and 46 percent say Trump.
EXCLUSIVE: Sheltering Costs for Rising Numbers of Migrants Hits $7M/Month in Arizona Border Sector
TUCSON, Arizona — According to a source within CBP, the cost to accommodate the recent spike in migrant encounters in the Tucson Border Patrol Sector is rising rapidly as existing processing facilities reach their capacity. With an operating cost of nearly $7 million each month, one facility in Tucson is undergoing an expansion project to double its capacity to hold migrants. The cost to operate the facility, according to the source, will double as well.
On Sunday, Breitbart Texas observed the construction project to expand the 80,000-square-foot processing center located at 4550 East Los Reales Road in Tucson, Arizona, erected in 2021. The facility was initially designed to accommodate 500 migrants but exceeded its capacity in recent months due to an increase in migrant crossings in the area, according to the source. The initial contract to operate the facility was in excess of $100 million and has been extended to include the current expansion intended to avoid further overcrowding.
Construction work begins to add capacity to the Tucson Border Patrol Processing Center. (Randy Clark/Breitbart Texas)
The facility is one of two being operated by the Border Patrol in the state of Arizona. The contractor overseeing the expansion in Tucson is Miami-based Logistic Events Corp. As Breitbart Texas looked on, construction crews were continuing to erect the soft-sided structure as materials arrived. The source says the enhancement created a need for some parts of the facility to rely on diesel generators to accommodate the increased demand for electrical power.
In August, Border Patrol Agents in the Tucson sector apprehended nearly 49,000 migrants according to unofficial reports reviewed by Breitbart Texas. The number is a more than 160 percent jump from the 18,506 apprehended in August of 2022. The Tucson Sector, according to the unofficial report, led all other southwest border sectors in migrant encounters. Since October, more than 322,000 migrants have been apprehended by Border Patrol agents in the Tucson area, up from 230,000 for the same timeframe in 2022.
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The increase in migrant crossings is also impacting costs incurred by non-government shelters that receive the released migrants and coordinate travel to the interior of the United States. Most of the expenses to accommodate the migrants are eventually reimbursed by the Federal Emergency Management Agency (FEMA), according to the source.
Casa Alitas Migrant Shelter at Empty Juvenile Detention Center. (Randy Clark/Breitbart Texas)
Breitbart Texas traveled to several Tucson area non-government shelters operated by Casa Alitas — a program of the Catholic Community Services of Southern Arizona. One facility Breitbart Texas visited on Sunday is operated in a vacant juvenile detention facility. Like the Border Patrol Processing Center, the facility has faced capacity issues necessitating the opening of another shelter several miles away due to the increasing number of migrants being released into the United States.
At Casa Alitas, Breitbart Texas spoke to one Venezuelan migrant who says his stay has been comfortable, but he is ready to leave. Enrique says he has been at the facility for more than a month after being allowed to enter the United States using the CBP-One application. He is departing for Chicago in less than a week and will be traveling with his wife and small child. Despite not having legal work authorization, Enrique says he quickly found employment in the Tucson area performing landscaping work and will do the same when he arrives in Chicago.
Casa Alitas Adult Male Migrant Shelter on Drexel Road. (Randy Clark/Breitbart Texas)
To combat the capacity issue at Enrique’s shelter, the Casa Alitas shelter system opened an additional facility on Drexel Road, near Interstate 19 just a few miles to the south. According to a KGUN news report, the Drexel Road facility opened in December 2022 at an initial six-month lease price of $330,000 provided to Pima County by FEMA. On Sunday, volunteer workers were observed moving in and out of the facility designed to hold mostly non-Spanish-speaking adult males.
As migrant encounters reached nearly 1,700 per day in recent weeks, the cost to process, feed, and provide shelter within the Tucson area will likely remain high, the source concluded.
Randy Clark is a 32-year veteran of the United States Border Patrol. Prior to his retirement, he served as the Division Chief for Law Enforcement Operations, directing operations for nine Border Patrol Stations within the Del Rio, Texas, Sector. Follow him on Twitter @RandyClarkBBTX.
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