EDITORIAL by Dhiren Shah
Hello Readers,
The NJ Gubernatorial election is only a little over a month away. If we talk about Governor Phil Murphy, he has done a good job. He has handled the coronavirus pandemic okay in the beginning, but started to handle it better in 2021. His approval rating is 54% compared to a disapproval rating of 37%. Not a major setback under his leadership. So, people like him and most likely he will be reelected in upcoming election on November 2, 2021.
On the federal level, Biden’s disapproval rating (50%) is higher than the approval rating (45.2%). Some of the Biden supporting news media have compared him to Trump. However, we should not compare. His presidency weakened immediately after pulling out troops from Afghanistan. 100% Republicans, some Democrats, some experts in that field have criticized Biden.
Inflation will stop the economic recovery as reported by the IMF (International Monetary Fund). Also, Thursday will be the last day for Congress to approve the budget or grant an extension. If not, then the federal government will shut down until at least a temporary budget or extension is not approved.
Biden has proposed for banks to report all transactions over $600 to the IRS. The banks have opposed that. It is about control on the private life of the citizens, as well as illegal immigrants.
Per Fox News: “The powerful U.S. Chamber of Commerce on Wednesday launched a six-figure ad campaign pressuring moderate House Democrats to vote against a sweeping $3.5 trillion reconciliation package, warning the bill poses an ‘existential threat’ to the economy’s recovery from the pandemic.. The ads target Reps. Cindy Axne of Iowa, Angie Craig of Minnesota, Antonio Delgado of New York, Josh Harder of California and Elaine Luria of Virginia. ‘This reconciliation bill is effectively 100 bills in one representing every big government idea that’s never been able to pass in Congress,’ U.S. Chamber of Commerce President and CEO Suzanne Clark said in a statement. ‘The bill is an existential threat to America’s fragile economic recovery and future prosperity.’”
Washington Post: “Biden’s agenda is in deep danger. But Pelosi has a hidden way out. Viewed from certain angles, the standoff between progressives and centrists over the multi-trillion-dollar reconciliation bill certainly appears intractable. With the fate of the Biden presidency on the line, a total implosion of the Democratic agenda is at least a possibility”.
Overall, violent crime rose 5.6 percent in 2020, while property crimes fell 7.8 percent, the FBI said in its annual Uniform Crime Report. Assaults increased 12 percent, according to the bureau. In the 1980s, there was a higher crime rate, especially violent crime. The trend was coming down, but in 2020 the crime rate went up 30.9%. So, it will be very interesting what the Biden administration is doing for Americans.
About 20 years ago, a quiet Orange Township had a spike the crime. On Monday, there was another shooting and murder. There are three schools finishing at the same time in the same vicinity of the incident. The crime in and around the schools has been a problem for a long time, and it must be solved.
Have a wonderful week.
I’ll talk to you next week.
