All typical talking points. None of these answers go very deep into fiscal conservatism.
Typical lefty not bright enough to click the embedded links for "references"
Like the question about the minimum wage. She says it shouldn't be raise. She says that because she doesn't understand why the minimum wage has to be increased.
Increasing the minimum wage during massive inflation is an insanely stupid idea.
Basic economics should be required to graduate from high school. We have a nation of economic illiterates.
Part of the driver for the inflation we fact now is due to the poorly conceived COVID relief efforts that paid low and middle wage earners more to sit home than to work.
Ultimately, inflation is an increasing money supply chasing a static or declining pool of goods and services. During Covid, two-thirds of the nation stopped producing - anything - while the government pumped cash into the hands
Increasing minimum wage exasperates an already bad situation.
It's because the over inflated value of the USD. Pumping trillions into the economy, depreciates the value of the currency in circulation. Minimum wage increases are just a symptom of a HUGE problem. And raising it is the only way to balance a flawed monetary system.
I don't know what you mean by "over-inflated?"
Fiat currency is loosely pegged to GDP, lacking a tangible marker such as gold and silver. This means that the fiat currency floated cannot increase faster than the level of goods and services or the value of currency will decline.
So if Joe Biden dumps 10 TRILLION dollars in currency into the economy with no change in production, the value of each dollar MUST decrease to the level of goods and services
A market - ANY market, will achieve equilibrium, regardless of what liars, cheats, and hucksters (that is politicians) tell you.
As explained above, pumping more currency with no actual value into the market might buy votes for democrats, but WILL devalue the currency.
If she knew anything about our monetary system, she's support things that would actually increase the value of the currency.
Pumping more currency that has no value into the market will decrease the buying power of consumers.
Her idea is listed in this Q & A.
Should the government use economic stimulus to aid the country during times of recession?
| KARI LAKE VOTERBASENo, and the government should drastically reduce spending during recessions |
She is correct.
So she is a fiscal conservative.
Just during a recession? No, All day every day. Regardless of the state of the economy.
Again, she's just repeating the same ole talking points that Republicans use when there's a democrat majority or a democrat in the white house.
Could be - but her answers are right for a fiscal conservative.