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This Chart Explains President Biden’s Strange Remarks at Yesterday’s Press Conference on the Omicron Variant

Courtesy of Pam Martens

Closing Prices of Bank Stocks on June 11, 2020

By Pam Martens and Russ Martens

President Joe Biden Speaking at Press Conference on New COVID Variant, Omicron, on Monday, November 29, 2021

President Joe Biden Speaking at Press Conference on New COVID Variant, Omicron, on Monday, November 29, 2021

President Joe Biden clearly needs a new communications team that can explain to him the meaning of “under promise, outperform.” Biden began yesterday’s press conference on the newly discovered COVID variant, Omicron, stating that he had promised to always tell the American people the truth. Then he proceeded to deliver a pep talk devoid of hard evidence for the rosy promises he was making about his strategy for fighting the new Omicron variant.

At one point, Biden told reporters that this Thursday he would be “putting forth a detailed strategy on how we’re going to fight COVID this winter – not with shutdowns or lockdowns, but with more widespread vaccinations, boosters and testing and more.” At this point, there is zero hard evidence that the current vaccines provide significant immunity against the Omicron variant. Scientists around the world have said that it will take two to three weeks to determine existing vaccine effectiveness against the new variant.

A reporter asked Biden why he would take shutdowns and lockdowns off the table. Biden responded that if the American people are vaccinated and wearing their masks there’s no need for the lockdown, but as of Monday’s press conference, even Pfizer and Moderna, the makers of the two major vaccines used in the U.S., had no idea if their vaccines were effective against this new strain of COVID.

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