"Bidenflation"

[Earl]

Biden's apologists try to downplay inflation worries by noting that they're largely confined to specific goods such as used cars. But the latest report shows inflation spreading to every sector of the economy, particularly where inflation can harm people of low income. Gasoline, for example, is up 42% from last year. Bacon, beef, pork, and eggs are all up by double digits. Children’s shows are up 12%; electricity 5%; rents 2.9%.

Inflation is outpacing hourly wage gains, which have risen 4.6% compared to inflation of 5.4%, which means real paychecks are falling, not rising, under Biden.

Maybe this is why voters tell pollsters they don't support making Biden’s cash giveaways to parents permanent. Voters are smarter than Democrats think. They know that despite what Democrats say, free money is not really free.

Even the Biden administration is forced occasionally to admit this. On a conference call with reporters about the nation’s supply chain crisis, Biden officials acknowledged that March's $1.9 trillion spending bill drove up prices and made matters worse.

But despite this admission, congressional Democrats are determined to pour $3.5 trillion worth of fiscal gasoline onto the inflation fire. The Biden administration even claimed in a report earlier this year that the best way to fight inflation was for the federal government to spend more money!

The White House Council of Economic Advisers report, titled “The Cost of Living in America: Helping Families Move Ahead,” claimed that the cost of living would fall because Washington would be doling out daycare subsidies. The thinking is that families would be better off despite inflation in other economic sectors.

This is innumerate. Inflation rises when more money chases fewer goods. With a supply chain crisis and COVID-related business restrictions, a sudden cash giveaway might be calculated to accelerate inflation.

Biden is making the same mistake about the $1.9 trillion. The supply of daycare cannot appear magically overnight to meet all the demand Biden’s spending will create. The daycare sector is highly regulated, and Biden is added yet more regulatory hurdles, so it will become harder to expand supply. By making more parents seek limited daycare slots, Biden’s subsidies will push their price up faster than inflation in the wider economy.

Instead of spending trillions more on highly regulated industries such as daycare, healthcare, and education, Biden would serve families better by removing regulatory barriers that make it so hard to increase capacity in these sectors.
https://www.washingtonexaminer.com/o...inflation-fire

Excellent.

Black isn't white after all.

[Earl]

https://www.1911addicts.com/cdn-cgi/...aa-png.995785/

Credit to Lionfish

[ExpressLane]

https://www.1911addicts.com/cdn-cgi/...aa-png.995785/

Credit to Lionfish

Lionfish is the Master of Memes

[Lionfish]

[Lionfish]

[Hawkeye10]

The dirty little secret is that the people who run our economy need massive inflation, they would have to create it if it did not happen organically, because it is the only way to deal with all of the debt they have created.

This is a form of default, and they need the inflation to continue for a good five years, more if the Revolution continues to spend as they have been.

Their claims that they want inflation to end are just as much lies as were their claims that inflation was transitory.

[T. A. Gardner]

Are you or someone you know on an Obamacare plan? Come October, your monthly payment on that plan is going to nearly double...

Yea, the Dim's are aware of this and in a panic as to what to do to stop that, because it comes right before an election and the people on those plans tend to vote Democrat.

Democrats Have Little Time To Avert An Election-Eve Obamacare Premium Hike

https://www.huffpost.com/entry/healt...b050d951934a5e

[Hawkeye10]

Are you or someone you know on an Obamacare plan? Come October, your monthly payment on that plan is going to nearly double...

Yea, the Dim's are aware of this and in a panic as to what to do to stop that, because it comes right before an election and the people on those plans tend to vote Democrat.


https://www.huffpost.com/entry/healt...b050d951934a5e

Power currently has no problem making as many dollars as they need as they spread money all around the world. That ability is ending, likely sooner rather than later, but Obamacare premiums are unlikely to be a problem.

[T. A. Gardner]

And the Fall of Privation!

[Hawkeye10]

And the Fall of Privation!

They really do hate us....the leaders of the Revolution clearly get off on our suffering.

This society has gone all the way non consensual sadomasochism.

America is that rotted out now.

[Hawkeye10]

Do you remember back to yesterday when we got constant lectures on the massive importance of consent?

[Hawkeye10]

The Russians have no choice but to obey the Chinese.

Man what a difference a few years can make.

[T. A. Gardner]

They really do hate us....the leaders of the Revolution clearly get off on our suffering.

This society has gone all the way non consensual sadomasochism.

America is that rotted out now.

The Left wants to make things "Fair and Equal" by reducing everyone to the lowest common denominator. That means for everybody--but them of course--adject poverty and enslavement.

[Hawkeye10]

The Left wants to make things "Fair and Equal" by reducing everyone to the lowest common denominator. That means for everybody--but them of course--adject poverty and enslavement.

The WOKE have no, and I mean zero, regard for the individual.... according to them belief in the individual is the result of trauma and abuse... individuals are not real.

[T. A. Gardner]

The WOKE have no, and I mean zero, regard for the individual.... according to them belief in the individual is the result of trauma and abuse... individuals are not real.

For them you are your group. That is, race, gender, and whatever they decide to make important. Outside of that, you don't matter.