After nine months of the far-left policies of President Joe Biden, the American economy is on the ropes. He inherited an economy moving in the right direction after a year of the pandemic. Unfortunately, he has squandered this momentum by bowing to pressure from the socialist wing of the Democrat Party.
The President started his administration by issuing an executive order shutting down the Keystone XL pipeline. This decision, along with a moratorium on issuing new drilling leases in federal territory, contributed to the country becoming energy dependent once again. With domestic oil production lagging, the Biden administration begged the Organization of Petroleum Exporting Countries (OPEC) to increase oil supplies. Predictably, OPEC refused this request.