As Predicted, Inflation Increasing Under Biden Just Like Under Carter - Politicrossing
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Politics

As Predicted, Inflation Increasing Under Biden Just Like Under Carter

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Remember long gas lines under President Jimmy Carter? Gas is now over $3 per gallon. This is higher than it was under the Carter administration, $2.40, when accounting for inflation. Under Trump, it dropped under $2. We’re about to see deja vu of the Carter years with inflation, as Biden creates a legacy of attacking poor and low-income Americans right after entering office. He’s fostering this by handing out massive amounts of paper money in stimulus funds to special interest groups, and the pet pork is about to continue in his massive $2 trillion infrastructure plan, which is really a lot of so-called “human infrastructure,” not even transportation. 

 

Why is this happening? If you print more paper money and hand it out to people, so many people have more money, the cost of things is going to increase. If enough people getting the handouts can afford $4 gallons of gas, suppliers are going to increase the cost in order to make more money. There hasn’t been any stimulus checks for everyone -— e.g. the poor -— since March, so they’re going to get hit the worst when consumer prices go up. Once inflation is rampant, the Fed will increase interest rates which is likely to lead to a recession.

 

Former President Donald Trump was aware of this when he signed stimulus bills, and kept much of the excess out of the bills. He was aware that there was a tipping point, where the free money had to stop flowing. Consequently, consumer prices stayed relatively low during the Trump administration. Inflation dropped during his presidency, to just 1.2% before he left office. Biden and the Democrats don’t care that COVID-19 is winding down, they are going to push the limit as far as they can to keep the money flowing to their pet issues and cronies, which keeps campaign contributions coming into Democratic coffers.  

 

In the March COVID-19 stimulus bill, called the American Rescue Plan, Amtrak got $1.7 billion, no surprise since Biden has been funneling money to his home state big business for years. The National Endowment for the Arts received $135 million and the Corporation for Public Broadcasting $175 million. Another $5 billion went to farmers -— as long as they’re not white. Obamacare got its first major expansion, almost $62 billion more. People with kids got more money; a single parent making $75,000 got an extra $1,400 per child. 

 

The bill was full of money for the COVID-19 vaccine -— but so many Americans oppose getting the vaccine that many doses are going unused, a waste. They can’t be transferred to other countries since they have expiration dates. Additionally, the Biden administration is currently wasting millions, if not billions, of money to lure people into getting the vaccine on reward programs that aren’t working; Biden’s goal is to get 70% of Americans vaccinated by July 4 but he’s clearly not going to reach it.

 

States are prohibited from using the aid to cut taxes, ensuring that many businesses don’t create jobs or invest. Instead, the money was prioritized for left wing states that stayed locked down the longest, punishing red states that got people back up and working faster.

 

Consumer prices are increasing everywhere, 5% over the past year, the biggest inflation spike since 2008. Energy costs are up 56.2% over the past year.  Excluding energy and food, which are more volatile, prices are up 3.8% over the past year — the biggest 12-month jump since 1992. The price of lumber is at an all-time high, hurting the price of homes and trickling down to rent. 

 

Democrats are attempting to downplay the inflation by saying it is temporary. But the Federal Reserve Chair under Carter, Arthur Burns, said the same thing. To bolster their defense, Democrats point to the increase in car prices being caused by the pandemic. But that is different, there is a direct correlation involved. There is a car shortage caused by a lack of semiconductors, because manufacturers pivoted to making semiconductors for home computers as people drove less and worked from home. And gas prices were increasing drastically even before the temporary spike caused by the Colonial Pipeline hacking.

 

Former Clinton Treasury Secretary Larry Summers, no conservative but obviously an expert on fiscal and monetary policy, is warning of a “Vietnam inflation scenario.” He says there is only a one in three chance that the current inflation won’t lead to a bad outcome. 

 

When inflation was only moderately high under President George W. Bush in 2008, House Speaker Nancy Pelosi slammed him, saying inflation “threatens to devour the paychecks of hard-working Americans.” So where is her concern for low-income Americans now? The poor will also be hit hard, food stamps will pay for less food. 

 

The inflation shouldn’t be happening considering the economy is supposed to be rebounding with COVID-19 receding. We should be seeing a huge boom, such as after World War II when things returned to normal. The nation converted then from military production to peacetime production. The U.S. should be transitioning to post-COVID production, but instead Biden isn’t allowing it to by diverting money to pet causes. People trying to get back into the workforce are finding that the job situation doesn’t match their skills; there are plenty of jobs in the COVID-19 vaccine area and working for Amtrak but fewer where people really need them, since states aren’t allowed to give tax breaks to companies that could create those jobs. Arizona Attorney General Mark Brnovich, one of the few state AGs with guts to take on the Biden administration, sued the administration over the prohibition. 

 

The Democrats’ plan is just to ignore inflation. “We’re going to keep an eye on it, but we think it should resolve in the next few months,” Sameera Fazili, deputy director of the White House National Economic Council, said. It’s painful, but the Democrats are ensuring that Republicans dominate the midterm elections and defeat Biden in 2024.

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Rachel Alexander is a conservative political writer and pundit. She is the editor of Intellectual Conservative and a recovering attorney. She was ranked by Right Wing News as one of the 50 Best Conservative Columnists from 2011-2019.



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Politics

Cancel-free: The Charmed Lives of Offensive Democrats

The American Left is teaming with hypocritical womanizers, homophobes, and anti-white racists, all of whom receive a free pass

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Pretend that you’re the governor of some state, perhaps out in the Midwest. Seven different women have come forward accusing you of sexually harassing or molesting them. Suppose, as well, that you happen to be a Republican.

Cuomo Nation

As successful as you might have been in holding on to your post for the first six accusations, how long would you last after the seventh woman has come forward?

Trending on PolitiCrossing.com: EXCLUSIVE: Arizona Senator Gives Audit Update

Any level headed person would conclude that you wouldn’t be able to hang on for long. The press would hammer you every day. People on your staff would rebel. Those who exert any type of influence in your state’s legislative body would go on the warpath, and insist that you resign immediately.

You’d have significant trouble working with elected officials, heads of agencies and commissions, and your own staff. CNN and MSNBC would feature you as a nightly topic. Yet, Andrew Cuomo can hang on for months, and possibly even for the duration of his elected term. Why? He is a Democrat.

The Joy of Being Joy Reid

Suppose that you become a nightly news anchor for a major TV network. A short time thereafter, it is revealed that you’ve made highly questionable, homophobic, even vicious statements and blog posts within the past decade. At your network, how quickly would you be asked to resign? A day? A week?

If you’re able to retain your post, what would your relationship be with your existing staff, some of whom represent the type of people that you so ungraciously disparaged in your posts? What would your relationship be with the studio and broadcast executives? What about your audience? Would they  seek your removal?

Suppose, however, that your name is Joy Reid. You are a black woman in America, and have made statements in your blog, “The Reid Report” where you have openly “mocked public figures for their perceived femininity and gayness.” Worse, you have sought to expose political opponents whom you believed to be homosexual.

Cancel-Free and Lovin’ It

Many months pass and the din dies down. While your reputation has been tarnished, the Public Broadcasting System, de facto, has granted that you will continue on in your post. No real harm, right? After all, it’s been 10 years, and presumably you’re a better person now, eh? Yet, others at other stations, who made less derogatory comments, far more that ten years ago, have been terminated.

As a ‘woman of color’ in America, a Democrat, a liberal, a progressive, and one who supports the Left, you are immune from being dislodged from your position. You would have to murder somebody, live, on air, before your position would be in jeopardy. Anything that has occurred off of the air will be downplayed.

Soon, your transgression will be swept under the rug. Your deed will never completely disappear, because the Internet is eternal. However, the impact and  ramifications of your transgression can be reduced to the bare minimum.

A Caucasian-hating Asian

Your big day arrives: you land a prime position at the New York Times, “the newspaper of record.” The prestige that goes along with your role is enormous. You are on the advisory committee for the editorial opinion page: You decide what makes it into print and what does not, and you get to shape what is printed.

Before you officially begin, serious allegations about you have surfaced. You’ve made inflammatory statements, insulting older white Caucasians. You have said, verbatim, “Oh man it’s kind of sick how much joy I get out of being cruel to old white men.”

You have tweeted, “Dumb*ss f*cking white people marking up the internet with their opinions like dogs p-ssing on fire hydrants” and, “White people have stopped breeding. You’ll all go extinct soon. This was my plan all along.”

How long would it take your employer to fire you, even before your first day? Your name, however, is Sarah Jeong. You are an Asian-American, part of a protected class, a Democrat, and a progressive who is highly supportive of Leftist causes. Despite all that is known about your past, the Times embraces you.

State of Disgrace

After a mercifully short stay, deputy editor Kate Kingsbury said, “Sarah decided to leave the editorial board in August. But we’re glad to still have her journalism and insights around technology in our pages through her work as a contributor.”

This is the state of the American Left today, an ideology teaming with hypocritical womanizers, homophobes, and anti-white racists. As if in The Twilight Zone, these people receive a free pass: They are Democrats, a special class and part of the upper tier in our two-tier level of justice and “social” justice.

– – – – –

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Elections

EXCLUSIVE: Arizona Senator Gives Audit Update

Update from AZ Senator JD Mesnard

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Former Speaker of the Arizona House and current Arizona State Senator JD Mesnard gives his update and analysis of the ongoing Arizona audit saga. Check out the video below:

About JD Mesnard:

J.D. Mesnard is a state senator in the Arizona Senate, serving Legislative District 17 (Chandler, Gilbert, and Sun Lakes). He was elected to the Senate on November 6, 2018, after serving eight years in the Arizona House of Representatives, including as Speaker of the House during his final term.

J.D. is a Summa Cum Laude graduate of Arizona State University with a Bachelors degree in Music Composition. He also holds two masters degrees, one in Business and the other in Public Administration—exemplifying his interest in both the public and private sectors. Prior to running for office, J.D. spent eight years working at the Arizona Senate where he served as a policy advisor on issues ranging from education, transportation and retirement, to family services and government administration. He is a small business owner, investor and consultant, and has always sought to be an active participant at all levels of the community. He works with charities, churches and non-profits, and is adjunct faculty at Mesa Community College and Arizona State University, where he teaches political science courses. He has been teaching for 14 years.

J.D.’s compassion for those less fortunate—who struggle in places outside of the greatest country on earth—led him to help establish Voices of the World, a non-profit Christian charity whose mission includes providing humanitarian aid to the poor and destitute of the world.

Born at MacDill Air Force Base in Tampa, FL (his father is a retired fighter pilot), J.D. has lived in Arizona for nearly 30 years. He resides in Chandler with his wife, Holly, who is a registered nurse, and their daughter, Calielle.

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