Posted on 07/05/2022 9:48:08 AM PDT by Signalman
We’re also seeing an entire segment of both Biden’s Administration and of his party in Congress, oriented towards looting what they can get before they are thrown out rather than moderating in the face of impending political failure.
Unless it’s drill baby Drill and reverse everything the POS in the WH has done, come november there will be a Yuge reckoning!
Even tattoo and piercing artists, baristas and sex change Docs have to eat and drive!
“the men who were advising Carter on what to do about prices...”
In other words, the men whose advice accomplished absolutely nothing to stop inflation during Carter’s term.
“The intern is probably the most knowledgeable of their entire administration.”
Seriously, a committee of kindergartners could probably come up with better solutions to most problems than any adult Democrat (and quite a few Republicans).
I can’t help but find it grimly amusing that even the Carter people are saying “No No No! That won’t work! It is very bad!”
It is like the guy who blew off his hands trying to light a powerful firecracker in his hands to throw it, confronting kids doing the same thing, holding up his stumps and saying “No No No! That won’t work! It is very bad!” and they look at him stupidly, flip him the bird, and go right back to what they were doing.
It’s so simple. Just decrease business regulation (like Trump and Reagan), ‘drill, baby, drill’, and stop using our money to bribe people into voting for them. Stupid Keynesians. They didn’t get it in 1971, 1979, or now AND THEY NEVER WILL.
“during the Carter administration, when inflation soared to double digits, reaching 14% in 1980.”
It’s much worse than that now.
“Biden and the Democrats are trying to distract the voters with issues unrelated to the economy, like abortion and guns. Giving women back the right to kill their babies is not going to bring down the price of milk and eggs.
As soon as the voters realize that, Democrats are going to be in a world of hurt.”
Obama said Americans are stupid, after he was elected. He was right because they elected his former Vice President who made all of the economic mistakes, including destroying energy infrastructure.
If and when Americans get it, if they do, they will realize the only way to beat the inflation is to resurrect the economy with manufacturing. Yes, supply side economics. Government spending must be cut dramatically, and that should start with a positive. That positive is to cut money to able body Americans that will not work, and cut money to illegals. Those actions alone, with an increase in oil production and refining would likely substantially improve the economy.
Americans did not elect the Deranged Imposter in Chief.
The Delusional Lying Left Crime Syndicate STOLE the 2020 election that was CLEARLY won by Trump by a LANDSLIDE.
Obama’s the one that is stupid. He’s penny wise and pound foolish.
Thank you. I had not heard/read that before from FDRs financial advisors. Gives me something to look for against FDRs liberal qhitewashing tales.
Yes, decades before Twitter FDR was being praised by his media for his use of the latest in “social media” (the new radio) to talk directly to the public in his frequent Fireside Chats.
Allow me to direct you to a fantastic biography of the Great Depression: The Forgotten Man, by Amity Shlaes.
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