Let’s delve right into some of the latest political news that you might find captivating. It’s all revolving around a statement made by President Joe Biden.
In a recent interview, President Biden expressed confidence in his readiness and fitness to serve as President of the United States for another term. Interestingly, however, approximately 80% of Americans seem to think he may be too advanced in age for the role.
In a conversation with the interviewer, George Stephanopoulos, President Biden was posed a direct question – could he serve “effectively” for another term? His response was firm and assertive.
The President listed his achievements, stating, “I’m the guy that put NATO together, the future. No one thought I could expand it. I’m the guy that shut Putin down. I got 50 nations to help Ukraine.”
ABC: “Can you serve effectively the next four years?”
BIDEN: “I’m the guy who shut Putin down!”
WHAT? pic.twitter.com/RImparV0xB
— RNC Research (@RNCResearch) July 6, 2024
This is embarrassingly stupid to say.
It would be awesome to see a man like Putin be once again humbled by the United States. However, Biden’s policy to weaken Russia has actually had the opposite effect.
From Business Insider:
Russia’s economy has defied sanctions in the two years since Moscow invaded Ukraine in February 2022 — so much so that the World Bank is now classifying Russia as a “high-income country.”
On Monday, the World Bank announced it has upgraded Russia from an upper-middle-income country to a high-income country, according to a report from the financial institution’s economists.
“Economic activity in Russia was influenced by a large increase in military-related activity in 2023,” World Bank economists wrote in their report.
…
The World Bank’s upgrade confirms reports from Russia that suggest the growth is primarily driven by wartime activities that generate demand for military goods and services, making some sectors winners in Russia’s wartime economy.
Russia’s trade jumped by nearly 7% last year, while activities in the financial sector and construction grew by 6.6% and 3.6%, respectively.