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.