Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Democrats pour fiscal accelerant on the inflation fire
Washington Examiner ^ | October 14, 2021 | Editorial Staff

Posted on 10/14/2021 5:11:43 PM PDT by Half_Retired

Biden's apologists try to downplay inflation worries by noting that it's 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!

(Excerpt) Read more at washingtonexaminer.com ...


TOPICS: Business/Economy; Editorial; Front Page News; Government; Politics/Elections
KEYWORDS: democrats; fiscal
Well-reasoned article.
1 posted on 10/14/2021 5:11:43 PM PDT by Half_Retired
[ Post Reply | Private Reply | View Replies]

To: Half_Retired

These are the Assistant Democrats who voted for the Trojan horse bill knowing they were enabling the worse one.

Dan Sullivan (R-AK) Shelley Moore Capito (R-WV) Mike Crapo (R-ID) Roy Blunt (R-MO) Richard Burr (R-NC) Deb Fischer (R-NE) Lindsey Graham (R-SC) Rob Portman (R-OH) Thom Tillis (R-NC) Lisa Murkowski (R-AK) Jim Risch (R-ID) Chuck Grassley (R-IA) Bill Cassidy (R-LA) Kevin Cramer (R-ND) Roger Wicker (R-MS) Mitch McConnell (R-KY) John Hoeven (R-ND) Susan Collins (R-ME) Mitt Romney (R-UT)


2 posted on 10/14/2021 5:16:21 PM PDT by Lurkinanloomin ( (Natural born citizens are born here of citizen parents)(Know Islam, No Peace-No Islam, Know Peace)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Half_Retired

Consumers see through the lies everyday at the checkout stand.


3 posted on 10/14/2021 5:16:23 PM PDT by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Whenifhow; null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; ...

p


4 posted on 10/14/2021 5:18:53 PM PDT by bitt (<img src=' 'width=50%>)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lurkinanloomin

Grassley (who ought to retire) and Ernse are both useless RINOs.


5 posted on 10/14/2021 5:24:08 PM PDT by Pining_4_TX (“A good politician is quite as unthinkable as an honest burglar.” ~ H.L. Mencken)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Pining_4_TX

Oops, I mean Ernst.

Social Security COLA will be 5.9% but inflation is running at 10% or more. Yay, we’re behind! Wonder how many dolts will think they are getting something great with the 5.9% increase.


6 posted on 10/14/2021 5:25:17 PM PDT by Pining_4_TX (“A good politician is quite as unthinkable as an honest burglar.” ~ H.L. Mencken)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Half_Retired

Regardless of how it’s sold and what it does, the least fortunate always pay a very steep price as it hurts the lower classes the most. Donald J Trump is the Only Exception since Reagan


7 posted on 10/14/2021 5:25:24 PM PDT by eyeamok (founded in cynicism, wrapped in sarcasm)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Pining_4_TX

I have no idea why Trump keeps endorsing Bush League Republicans like Grassley.


8 posted on 10/14/2021 5:38:20 PM PDT by Lurkinanloomin ( (Natural born citizens are born here of citizen parents)(Know Islam, No Peace-No Islam, Know Peace)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Lurkinanloomin

I don’t know, either. Trump has a knack for trusting people he shouldn’t.


9 posted on 10/14/2021 5:39:14 PM PDT by Pining_4_TX (“A good politician is quite as unthinkable as an honest burglar.” ~ H.L. Mencken)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Half_Retired

The deeper issue is over the heads of folks who have not lived through inflationary times.

What happens is that inflationary _expectations_ drive price increases in _everything_. Nobody wants to get stuck holding the bag.

At that point government policy becomes irrelevant—prices rise in a chaotic way.

Then government will panic and start doing price controls.

Then there will be rationing.

This is totally predictable.


10 posted on 10/14/2021 5:45:10 PM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: cgbg

I’m old enough to remember wage & price controls in the ‘70s and “WIN” buttons.


11 posted on 10/14/2021 6:09:27 PM PDT by Half_Retired
[ Post Reply | Private Reply | To 10 | View Replies]

To: Half_Retired

Me too although we weren’t hit too hard in a rural town back then. Most of the community was pretty much set and knew how to get by in tough times with less. City people can’t do that with their instant gratification mindset.


12 posted on 10/14/2021 6:14:27 PM PDT by caww ( )
[ Post Reply | Private Reply | To 11 | View Replies]

To: Half_Retired

“Voters are smarter than Democrats think. “

No, no they are not.


13 posted on 10/14/2021 6:22:33 PM PDT by Fledermaus (I'll wear a mask when Dr. Fraudchi shuts the hell up.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Pining_4_TX

My dolt of a mother-in-law buys it.


14 posted on 10/14/2021 6:23:47 PM PDT by Fledermaus (I'll wear a mask when Dr. Fraudchi shuts the hell up.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Lurkinanloomin

They a;; were bpought off with promises of capital investments in their respective districts in which their families figured prominantlly to gain millioms.

Each one of them need to be primaried into perdition.


15 posted on 10/14/2021 7:42:08 PM PDT by Candor7 ((Obama Fascism:http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html))
[ Post Reply | Private Reply | To 2 | View Replies]

To: Fledermaus

Sigh, that is true of too many people. They have no clue about economics.


16 posted on 10/15/2021 7:18:54 AM PDT by Pining_4_TX (“A good politician is quite as unthinkable as an honest burglar.” ~ H.L. Mencken)
[ Post Reply | Private Reply | To 14 | View Replies]

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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson