From Stephen Moore <[email protected]>
Subject Unleash Prosperity Hotline #606 – Weekend Edition
Date August 29, 2022 1:56 PM
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How Many Times Did the New York Times Call Trump a Racist?

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Unleash Prosperity Hotline – Weekend Edition
Issue #606
08/26/2022, 08/27/2022, 08/28/2022
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1) How Many Times Did the New York Times Call Trump a Racist?

Sometimes truth really is stranger than fiction. It turns out that the New York Times is now entangled in the same “woke” and “racial justice” web that they try ensnare all of their political enemies in.

The Wall Street Journal reported this story, about their sanctimonious primary competitor:
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"An analysis by unionized New York Times journalists found that employees of color at the news outlet for years have received lower ratings in performance reviews, on average, than white employees.

Black staffers were 39% less likely than white employees to get one of the top two ratings on the Times’ six-level scale, and 60% more likely to get one of the bottom two ratings, the union found. Hispanic workers were 44% less likely to get a top rating and 74% more likely to get a low one. Asian workers were 26% less likely to get a top rating and 37% more likely to get one of the bottom ones."

We have little doubt that the Times will issue the sincerest of apologies and as penance will dole out reparation payments to any “person of color” who ever worked at the Gray Lady.

We’d be much happier if they just resolved to report the news fairly and accurately.

2) Now Biden Wants a Special Student Loan Bailout for Federal Workers

Our friends at the National Right to Work Foundation are sounding the alarm about another massive student loan giveaway in the works. This one is for federal employees – whose union gives about 90% of its PAC money to Democrats.

AFSCME, the union of state and local government employees, wants Biden to extend something called the Public Service Loan Forgiveness (PSLF) temporary waiver that has drastically increased the number of government workers eligible for Biden’s student loan relief. The waiver was supposed to expire at the end of October. But AFSCME wants to extend it to July 2023, so as many of its members as possible can sign up.

So far more than 164,000 government workers have seen their federal student loan debt forgiven. If a government-employed borrower makes 120 loan payments under a qualifying repayment plan, they can see their college loan completely forgiven. A sweet deal that’s not been made available to any other Americans.

It's especially outrageous because the AVERAGE salary and benefits for federal employees is now nearly $100,000 or about 30% more than the median household income.

Are you starting to see a pattern here? The Biden strategy is to bailout all of his political allies and contributors and make taxpayers pick up the tab. It’s what Washington calls “legal graft.”

3) Pro-Parental Rights Candidates Sweep to Wins in Florida School Board Races

We’ve said it often: this is the school choice moment. We saw further evidence of parent power in Florida this past week.

The Sunshine State held a quasi-referendum on education policy in school board elections throughout the state.

The results sent a thunderous message to the education blob. Conservatives took control of boards in Miami-Dade, Duval, Sarasota and Brevard counties, with a combined population of 5 million people. Smaller counties also saw a shift to the right.

Governor Ron DeSantis was one of the heroes here. He endorsed a slate of candidates and 25 of 30 won or advanced to a runoff. That’s an 83 percent success rate.

You know that DeSantis struck a nerve with the professional educrats. Dems licked their wounds a denounced DeSantis for turning school board elections into “new partisan battlegrounds.”

Well, if Dems stand with teacher unions against parents and kids, then I guess these are new partisan battlegrounds.

An activist group Moms for Liberty played a big role in these victories. Co-founder Tiffany Justice (yes that is her real name) says the battles are “just getting started. “The goal is to be able to do this all over the country,” she says.
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4) This May Be the REAL Election Scandal of 2020

Was there a conspiracy to delay the news of the successful Covid vaccine until after the November 2020 election so that Trump couldn’t trumpet the good news before election day?

We asked this almost two years ago and now the issue has resurfaced with New York Times election guru Nate Silver asking:
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Oh, yeah, it would help Trump. Other than political motivations it's hard to understand why so many leading "public health experts" went from opposing expedited authorization for the vaccines before the election to supporting not just authorization, but sweeping mandates, almost immediately after.

Why aren’t the bloodhounds in the media all over this story of potential election outcome manipulation? This “threat to democracy.”

Oh, yeah. It would help Trump. Never mind.
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5) Biden’s $4 Trillion Spending Spree Has ALREADY INCREASED Interest Payments on Debt By $1 Trillion-Plus

Earlier this week the Biden budget office quietly released its “Mid-Session Review” of the federal government’s financial outlook.

Paul Winfree, an expert at the Heritage Foundation on the federal budget examined the numbers and came up with this troubling finding:

If you compare the expected expenditures on Interest on the Debt when Biden came into office, with the latest 10 year forecast, in just 18 months, Joe has added $1.3 trillion of interest expenditures to the federal ledger.

There are two reasons for this rapid deterioration in these interest expenditures. One is that Biden’s massive borrowing means trillions of more bonds that have to be issued. Two is that interest rates have risen much faster than expected under Biden’s brief tenure. When Biden came into office the 10 year Treasury Bill interest rate was expected to be roughly1.5%. Instead it is now 3.0%.

This means that thanks to the Biden spending spree, the federal government will have to spend more than $1 trillion more over the decade just to pay for his profligate spending.

So much for Modern Monetary Theory.

Interest Payments on Debt Keep Rising

(MST is midsession review

PB is President's Budget)
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6) So Simple, Even a College Student Can Understand

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