How History Will Remember Biden
When Vice President Joe Biden met with Chinese Premier Wen Jiabao in Beijing in 2011, the two men joked about their age.
"I note that we were born in the same year," Wen said when they made a joint public appearance. "You have spent about 35 years in public service, and I've been working in the government compound of Beijing for more or less the same period of time."
"What a magnificent place," Biden said of that facility. "Now I know why even though we were born in the same year, you look so much younger than I. You worked in a much more commodious environment than I do."
As this column has noted before, Biden then thanked this communist leader for China helping to fund the U.S. debt.
"We appreciate and welcome your concluding that the United States is such a safe haven because we appreciate your investment in U.S. treasuries," Biden told him.
On that day -- Aug. 19, 2011 -- the federal debt was approximately $14.639 trillion, according to the Treasury Department. At the close of last week, it was approximately $34.944 trillion. That is an increase of $20.305 trillion -- or 138%.
History will record that Biden himself oversaw a massive increase in the debt -- which as of last Friday had increased approximately $7.1923 trillion during his term.
That will not be the only........
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