Well, then if your credentials are accurate, then you are an intelligent person. So maybe, I should take this to you from a different perspective---------------->
During a recession, manufacturers lower prices to induce you to buy their products instead of the competitions. The larger margin they have to lower them, the better for the consumer. As Democrats like to say with a few changes........the race to the bottom!
Inflation is not just about the price of products, it is also about what the public demands for compensation, is it not? If the public demand for compensation is lowered because they are being satisfied for their personal needs, it puts neutral pressure upon wage hikes which help cause inflation.
It takes a many prong approach to lower inflation---------->
1. Dry up extra money supply through interest rates.
2. Stabilize or lower prices for consumer goods as best you can.
3. Stop upwards pressure on compensation for work.
Now then, maybe by their fault, maybe by no fault of their own, let us see how Democrats have done, shall we!
A. Finally started raising interest rates, little late to the fix the problem, but better late than never.
B. Actively worked for raising costs of fuel for their green new deal. When it all fell apart, they have refused to change course except to beg The House of Saud for oil. No new drilling permits (or few) no new refineries accepted for gasoline or diesel, no summit with industry experts to fix the best they can, the problem.........which is causing around 65 to 70% of inflation.
C. Attempting to insure the doubling of minimum wage for work compensation, which then puts upward pressure on every wage above that. Instead of moving up the food chain in wages by getting a better job as you out grow your old place of employment, they instead add the fuel to inflation, by giving you more compensation for a job a teenager can do.
If your credentials are accurate, you understand exactly what I have just stated. The people who suffer most from this, are people on fixed income, the taxpayer who has to pay more, or borrow more in the name of the government to give fixed income people the raise in Social Security, and poor people that can't climb the ladder because jobs end up being tight during a recession, so they have to wait because nobody wants to take a chance on the unknown, and will only hire the known.
If you are as educated as you say you are, you know as well as I do, the odds are 85-15% this is coming. OK, OK, maybe 80-20, or at the very least, 75-25%! How you can justify this for these affected groups on a social engineering level is beyond me. To do so, is admitting you are saying-------->do as I say, because I (we) know better! Do you? Do you know what is best for the manifest, destiny, of all of these people? How? Why? Same question goes to Biden, his cabinet who is terrible I might add. Besides being in government all of their lives........including Biden.........why do THEY know better?
It is plainly obvious to everyone, it is only 1 of 2 scenarios------------->
They want to impose their will upon us no matter what Americans think, or
2. They know something we do not, and all they have to do is tell us what they know to make all of this plausible, and maybe we buy into it.
Green new deal does NOT apply, because it is contested on so many fronts by other experts, so all most of us can assume is that Joe and the Left is trying to stuff their utopia down Americans throats.
In closing, let me state that Joe has not caused all of this disaster, not even close. The same can not be said for the Democrats over the last 20 years, 15 at the very least. They have been against drilling, refineries, fracking, offshore testing for YEARS, and now the chickens are coming home to roost, helping cause massive inflation as soon as any supply in fossil fuels heads South. What we should be able to cover easily, at least for our own country, can't happen because of the green party wing of the Democrats.
So, maybe you will take solace in the fact I refuse to blame this totally on Biden, or maybe you will get pi**ed at me showing it really was all on the Democrats for the last 15 or 20 years. Either way, you can research it and see for yourself. Since the cause of inflation is almost 70% due to the rise in fossil fuels, the conclusion can not be any other way.
Do I think they planned it this way? Do I believe they wanted this to happen? Do I believe they wanted Americans to suffer? NO! But they made the call, they insisted, and now because of their misstep, the WILL pay the price!
