It was expected: The horrific scene in Afghanistan, after we pulled nearly all US troops from the war-torn country, predicted a Biden approval rating downgrade.

I'm a little surprised at the magnitude of it. He's in Trump approval rating territory. And, frankly, he's nowhere near as crappy a president as Trump was.

But the American people are fickle, so here we are. IF the reconciliation bill passes, and people start seeing money in their bank accounts again, his approval rating will rise.

It's a simple fact: Nowadays, the greatest motivator of all is cash.

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Speaking of cash...did you hear? (I didn't write about it in today's Sixpack.)

Afghanistan's economy is about to collapse. Shocking, I know. The GDP per capita is $600 per year and hasn't risen since 2012. People are holding onto whatever cash they have in anticipation that they'll need it more later than now.

And essentially all of their assets held outside the country are frozen.

It's a grim financial situation the Afghans find themselves in. Not to mention the even grimmer humanitarian situation...

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Get the rest of the Sixpack here.

Make it a great day!

Bill

🍺 PS - Buy me a beer to keep the Daily Grind News open for business!