From the time he was in his mid-twenties until the time he was in his mid-sixties, my father (in his late 70s now) put a percentage away of whatever it was he got paid for his retirement. He didn’t know when it was going to be but at the end of the day, he knew the time would come eventually.
When he turned sixty-five, he called me to tell me that he had worked his last day and was wondering when I would like to be visited for a couple of days. Now, this was literally just a couple of days before he started on his retirement tour of the world. He spent the next three months going to every place he had always wanted to go. He had the money to do it and enjoyed himself.
Now, thanks to the lockdown he can’t do that as much but he still has the money to do pretty much whatever he wanted and there are so many like him. But Joe Biden is trying to make it so that he spends his entire retirement paying for simple things like good and medicine.
Democrats have been instructing President Biden to reverse or pause policies put in place under former President Donald Trump, including one designed to bring down the price of insulin. The Department of Health and Human Services announced that the directive would be put on hold among a number of other measures that were passed under Trump.
The measure aimed to require some community health centers to deliver savings to low-income patients for insulin and epinephrine in a bid to bring down unaffordable prices. The rule was scheduled to go into effect on Friday but has since been delayed until March 22. White House chief of staff Ron Klain directed agencies to pause orders signed towards the end of Trump’s term so they could be reviewed.
The order directs the administration to immediately withdraw rules that have been sent to the Office of Financial Research but not yet published in the Federal Register. For those that have been published, but are not yet effective, members are directed to “consider postponing the rules’ effective dates for 60 days.”
President Biden’s “hostile administration” will also cause problems as it pertains to gas prices, former Shell Oil President John Hofmeister warned on “Mornings with Maria” Thursday.
The recent rally in oil markets has pushed crude prices to their highest levels since near the start of the coronavirus pandemic, fueled by recovering demand and production cuts.