Posted on 03/12/2023 10:24:16 AM PDT by CptnObvious
Joe Biden's Promises to Increase Interest Rates and Taxes Despite a Recession of which he Denies. He says this knowing that it will greatly increase inflation.
I believe he is continually raising interest rates with fellow socialist in the federal reserve, to kill the housing market.
I believe he wishes higher taxes to so weaken Americans and American businesses such that they fail and call for Socialism (causing the problem to get bad Solution).
I believe he is causing inflation to rise rampantly for the same reason.
I believe He is trying to Deconstruct America across the board so we will succumb to Marxist Socialism (communist if He and his ilk can get it).
I believe he WANTS HIGHER INFLUTION FOR THE SAME REASON.
I am convinced He and his ilk are attempting to Deconstruct America so that we will Succumb to Marxist Socialism - Communism.
And just for those that don't know; Socialism means you own nothing and have no rights other that what the elites give you. You don't own your house, your car, you have no rights to say what happens with your children. You don't have your own doctor, hospital or other care givers which the state "decides" to issue you for that occurrence.
Socialism decides whether you can start a business and decides to eliminate them under its all-benevolent wisdom.
And just so you know how bad it gets, in a well known socialist country, the "Commune" took away our brothers wife's child at 2 years old even though she has done everything requested by them. The child is now 18 and the Commune will not allow the daughter to go anywhere vacation with her overnight or visit relations outside the country even though the mother's epilepsy is controlled by medicines since her child was 2.
Socialism is a control freak's paradise in which everybody loses, and the elites get to live like Kings. Our Medical is what the elites get. And the rich elites get richer, the rest get prioritized to see if they get anything if at all and when. A good number die on waiting for cancer treatments under socialism sometimes longer than 2 years.
In the U.S., you will get treatment and are billed, but at least in the US the treatment of cancer is lickedy- split in comparison.
Joe Biden wants interest rates, to raise taxes way beyond the rich and to increase inflation till we can barely eat. I am convinced he and his ilk's goal is The Deconstructing of American and for us succumb to Marxist Socialist Communism.
I believe he WANTS HIGHER INFLATION FOR THE SAME REASON.
Recession not here yet.
Jobs are easy to find.
Yeah Right, and I have a Bridge in Brooklyn you will want to buy.
If he had the house, he could do this. He doesn’t. He just yelling nonsense.
Because that would be partisan, and no one is willing to admit that what they did to Trump was because of partisanship.
Forgot the sarc tag.
It’s DOA.
What the US feral government spends is completely independent of tax revenue.
The only purpose of taxation is to punish the disfavored.
The elites know how to use the tax code to exempt themselves.
Increased interest rates are one of the very ways to DECREASE inflation
The progressive left has been screaming for the interest rate increases to stop for months
Also, the housing market was grossly overinflated due to artificially cheap money/interest rates
Biden and his people are absolute garbage but the interest rate increases are needed
Why would anyone expect otherwise?
The serfs will have to stop complaining or face severe consequences...
In any case, No Big Deal!
Our communist masters know that the pathetically servile and indolent Aamerican people will just continue to roll over and spread their collective cheeks...
I am not sure Joe Brandon is a believer in communism, but he sure qualifies what Lenin would call, a “useful idiot”. However, his handlers sure are. Chicoms?
The strategy is clear, and was laid out several decades ago by two sociologists named Cloward and Piven. The Cloward/Piven strategy is to overwhelm our government spending,, crushing the middle class and causing economic crisis, which the masses will scream for the government to fix when their unemployment checks can’t buy a loaf of bread. The government of course abides, at the cost of our constitution.
The Cloward/Piven strategy is...
in the process of execution.
https://patriotpost.us/articles/89284-in-brief-purposefully-grinding-down-the-middle-class-2022-06-23/print
"“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.” That quote is often attributed to Vladimir Lenin, as are many other sayings that are perhaps too convenient. Whether he said it or not, University of Tennessee law professor Glenn Reynolds says “it seems like a pretty good description of what the Biden administration is doing to America’s middle class.”
Inflation is running rampant. The Producer Price Index, the most useful measure of general inflation, is up a whopping 16.3% from April 2021, per the Bureau of Labor Statistics.
That means that roughly $1 out of every $6 that people earn has been lost to inflation in a single year. Or to put it another way, 80 minutes’ earnings out of every eight-hour day have been eaten up." More at link.
Bears repeating….
““The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.”
Become familiar with The Vampire Ecomony, state control of the economy by fiscal and monetary policy and regulation. Businesses are allowed to operate as long as the are in the best interest of the State.
Every store and gas station and fast food has help wanted signs on door. In my 63 years of adult life in United States I have never seen anything like this. When my kids were teenagers 12-15 years ago, part time jobs were very hard to find. Now McDonald’s is offering $15 to start.
You are obviously smarter in economics than other posters on this thread.
Thanks
I was kinda wondering wtf? This is basic stuff
The cheap helicopter money was the grand party everyone was enjoying. Then bartender Powell announced he will do his job and the bar is closed. Now everybody hates Powell (FED) for doing their job.
I did not hear many howls when artificially cheap money was being thrown from the helicopter. The federals try to suppress normal economic cycles, and only succeed in creating bigger bubbles and bigger busts.
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