Posted on 01/14/2022 5:28:16 AM PST by MtnClimber
Biden and his team obviously don’t have time to address inflation, the border, or crime. They are too busy lying about “voting rights” laws that open the door to massive cheating, spreading lies about systemic racism, targeting parents and seeking to destroy their political opponents.
President Trump’s policies basically consisted of smaller government, fewer regulations, lower taxes, and energy independence. The results of Trump’s policies were good economic growth, reasonable energy prices, wages rising, especially for those at the bottom, and record low unemployment rates for all races and people at all education levels.
Energy independence gave all people affordable prices throughout his term. OPEC countries, Russia, and other producers had a major competitor and could not control prices. Oil traders knew Trump was willing to drill, produce and approve pipelines so they did not have any incentive to push up prices.
Trump put tariffs on China and that did not cause high inflation or supply shortages no matter how strong the demand was.
We are constantly told by Democrats that the reason women aren’t going back to work because there is no affordable day care. Isn’t it amazing that the U.S. had record low unemployment for women at 3.1% in February 2020?
Trump also enforced the borders and was more restrictive on immigration visa sand we did not have high inflation, supply problems, or worker shortages.
(Excerpt) Read more at americanthinker.com ...
encourage energy independence again... biggest liberal mistake...
There’s a common sense way to going back to Trump’s policies. Do the election audit. And Now before the material is allowed by law to be discarded.
wrong....
eliminate the Fed, go back to sound money...
I was listening to an analyst talk about inflation. (From memory.) The government has changed the way it calculated the Consumer Price Index, CPI, (the cost of a basket of goods) twice. They started the calculation in the early eighties. There are actually good reasons to minimize this number. A lot of payments are indexed to this number. If the number is high, then all the payments go up
correspondingly and it creates a positive feedback loop, and we get hyper-inflation.
The present CPI is reported by our lying government at about 4%. But calculated the way it was in the ‘90’s it’s about 7%. Calculated the way it was in the ‘80’s it’s about 15%.
“Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.”
A great example of this is Bitcoin. It is a currency which Governments hate because they can't inflate it and which can move all the the world unimpeded by their greedy hands. The demand for a theft free currency is so high that Bitcoin has reached amazing heights in value . All this for something that is ultimately nothing more that one's and zeros on a computer! Even with some built in inflation Bitcoin continues to rise making Governments even more desperate to stop it. Bitcoin is getting close to reaching its finite value , so no more inflation for it soon.
What is there about Joe Biden that suggests he would agree to common-sense solutions?
Smaller government, fewer regulations, lower taxes, and energy independence.
Nothing confusing about that unless your a democrat.
You have myoptic tunnel vision. Cryto inflation is running rampant. New crypto money supply (new coin x, new coin y, lather, rinse, repeat endlessly) is constantly being created out of thin air.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.