As Predicted, Inflation Increasing Under Biden Just Like Under Carter ⋆ Politicrossing
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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.

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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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Life

Give Thanks and Carry On

Have a Happy Thanksgiving, if you can

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Thanksgiving: that joyous time of the year when families get together, have a wonderful dinner, catch up on what everyone other is doing, give thanks for all that they have, and perhaps watch some football.

Up for the Challenge?

This Thanksgiving might prove to be a challenge for many people. For one, the cost of the turkey, the bird traditionally served, in some locals cost between 50% to 80% more than last year, and turkey was already expensive.

Among your relatives a few might be vegans or vegetarians. If you have a vegan enforcer in the family, this person will rail on and on against eating meat, and about how turkeys have lives just like we do.

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One of your vegan or vegetarian relatives might offer a discourse on how cranberries should be harvested a different way, the dangers of turkey stuffing, and the problem with vegetables that you might be serving, the risk of having too many starches – potatoes or rice – and the evils of wine, beer, and other alcoholic drinks.

Topics Worth Avoiding

The politics to consider abound. Since roughly half of the country votes Democrat and half votes Republican, the odds are overwhelming that you’re going to have somebody with opposing politics at the table. During Trump’s years as president, many families had to navigate around the topic of the presidency, prevailing policies. and so on.

Today, while there’s no question that Joe Biden is completely inane as leader, the same delicate navigation needs to occur. As miraculous as this might seem, some on the left actually approve of what Biden has been doing. Note: don’t be concerned about the Bidens going hungry. With all those under-the-table payment from Ukraine and China, they can EASILY afford a huge, expensive turkey with all of the trimmings.

If you can avoid discussing the eight million invaders illegally crossing our borders, rampant inflation, the U.S. Afghanistan withdrawal, the crisis in Israel and potential for World War III, drag time story hour for children, transgenderism, the bogus lawsuits against Donald Trump, the unending crimes of Hunter Biden, the payola to Joe Biden, FBI corruption, the historic unpopularity and ineptness of Kamala Harris, and about 30 or so other topics, your dinner should go smoothly. Enjoy!

A huge current wrinkle on the political scene is that recent surveys reveal at least one-quarter of Democrats actually approve of Hamas, atrocities and all, and side with Palestine on all issues large and small. They believe that Israel is an apartheid state and that Jews are today’s Nazis. Apparently they’ve never visited Israel and have no Jewish friends.

Depending on how many Democrats attend your Thanksgiving gathering, if it’s four or more, mathematically speaking you have a decent chance that one is a pro-Hamas Democrat. Wooo…  Now, you really have to stay clear of current issues or your dinner table might be as inflamed verbally as the Middle East is with armaments.

Insufferable Stuffing

After everyone is stuffed with turkey, vegeburgers, or whatever the people who like rabbit food eat, you might sit in the den and turn on a football game. Quickly, you’ll have a stark reminder of how far political correctness has infected society.

If the Washington Commanders are playing, it’s hard to forget that they used to be called the Washington Redskins until the wokesters among us demanded that the name must be changed. Not so ironically, 90% of native Americans actually want the name Washington Redskins reinstalled, and currently are petitioning for it.

In baseball, the Cleveland Indians “had” to be renamed to the Cleveland Guardians. Potentially, there’s no end of this malarkey. Should the Minnesota Vikings change their name? After all, people from Scandinavia might object to the term “Vikings.” While we’re at it, consider college basketball. The Wake Forest University Demon Deacons are due for a name change, if you’re on the Left. So, too, the Duke University Blue Devils, the Arizona University Aztecs, and on and on.

Landmines to Side Step

With all these potential land mines to side step, and all the ways that otherwise pleasant conversations on a pleasant day could occur, you have to be on guard.

Nevertheless, I wish you and yours a happy Thanksgiving. May you survive the day, fully intact, and ready to have a decent Black Friday.

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Politics

Guinness World Record for U.S. Presidential Lies

Lies are sometimes necessary, but some are gross manipulations of reality

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In its non-stop attempt to portray Donald Trump as the most despicable person ever, the Left slanders him daily in ways unprecedented in American history. If Trump makes an exaggeration, which he is prone to do, he’s called a liar. In office, when Trump achieved anything of note, the Left cherry-picked minor aspects that could be criticized and elevated beyond their stature.

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Those on the Right recognize the deeper, universal truths that Trump espouses. Hence, they attend his rallies by the tens of thousands. Hardly anyone is eager to attend a Joe Biden rally. Why?

All Built on Lies

Joe Biden, beyond his word salad bumbling, is an incredible liar, covering for Barack Obama, his master. Virtually everything that Biden and his press secretary say is a lie. Unsurprisingly, public confidence in the presidency and today’s sycophant journalism is at an all-time low.

His agency heads consistently lie: Merrick Garland, Alejandro Mayorkas, Christopher Wray, Pete Buttigieg, and Antony Blinken, among many others. Take your pick.

The precedent for the Biden Administration’s lies is the administration of Barack Obama, for whom Biden served as vice president. Obama taught Biden the best of lying techniques.

To Lie and To Swerve

Lies are sometimes necessary, but some are gross manipulations of reality. A brief look at presidential lies since 1968 puts Obama’s lies in context.

LBJ said that none of our boys would die in foreign soil, and 54,000 Americans died in Vietnam. Nixon made many statements, most memorably, “I’m not a crook,” yet he sought to steal the private records of enemies and was exposed by the Watergate scandal.

George Bush senior said, “Read my lips, no new taxes.” Then in office, he raised taxes which, rolling over in his grave, he likely regrets. Bill Clinton told so many lies, you’d need a book to catalog them all. Among his most famous is “I did not have sexual relations with that woman, Miss Lewinsky.”

George W. Bush, faultily advised, made concerning statements about Iraq. Barack Obama, Joe Biden’s handler, said he’d have the most transparent administration in history. Alas, his was the most secretive: spying on enemies, journalists, political opponents, and everyday American citizens.

The Grand Wizard of Big Lies

Obama touted that he’d restore trust in government. Instead, he opened the doors to the opposite. Obama said the stimulus will fund shovel-ready jobs. It did not. He said, “I am focused like a laser on creating jobs.” The jobs he created were low-wage and low-level. Obama told hardworking entrepreneurs, “You didn’t build that,” which offended business owners everywhere.

Obama weaponized federal agencies to persecute and prosecute Conservatives, so it was hardly a transparent administration. He insisted the IRS was not targeting anyone, but under his henchwoman, Lois Learner, the IRS targeted the Tea Party and Conservatives in general. Lerner’s department harassed, intimidated, and fined them, and diminished their impact on voters in the 2012 election.

Obama proclaimed that a spontaneous riot based on a movie sparked the attack on the Benghazi consulate, which he knew was completely untrue. The attack was well coordinated and planned in advance.

No Stopping Him

Obama announced that the public will have five days to review every bill which lands on his desk. Then, he hustled through some of the most expensive boondoggles in U.S. history. With the introduction of Obamacare, Obama said that you can keep your family doctor and that premiums will be lowered by $2,500. This was utterly false.

Obama stated that whistleblowers would be protected in his administration. Then, he offered no protection. Obama said we’ll get back every dime we use to rescue the banks and auto companies, with interest. This did not happen.

He emphasized that, if elected, he would end the war in Iraq and Afghanistan within nine months. He did not. He claimed he would close Guantanamo within six months. It did not happen. He claimed ignorance about the “fast and furious” gun-running scheme to arm Mexican drug cartels. He knew. Obama proclaimed that he would bridge the gap between black and white Americans. Actually, he increased it in ways that set racial relations back 50 years.

The Biggest Lie of All

The biggest lie that Obama ever uttered occurred on January 20th, 2009, when he said, “I, Barack Hussein Obama, pledge to preserve, protect, and defend the Constitution of the United States of America.” Twelve years later, Biden did the same.

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