This is an older article, reprinted here because it is even more relevant that in 2021. But also, when people “forecast” the future — whether meteorologists, fortune-tellers, stockbrokers, or lawyers drafting contracts, the proof is in the pudding: were they accurate?
Articles tagged as
Inflation
Inflation Nation: Will America’s Economic Woes Worsen in 2024?
In his State of the Union address, President Joe Biden claimed US inflation is a result of price-gouging by corporate bogeymen. Recent statistics suggest other causes, some of which will likely persist through this election year – and the president’s narrative is not likely to hold up as rents, wages, and taxes rise, all increases that are hard to blame on corporate America.
ICYMI – Why Food Is About To Get Very Expensive
Americans are witnessing frighteningly high rates of inflation—gasoline prices have increased by 10 cents a day lately, it seems. Interest rates are rising and set to continue shooting up, compounding home affordability hampered by a seismic spike in home and land prices.
Night Cap: Shrink-Flating Biden’s ‘Greed-Flation’
Rumor has it that mindless Joe Biden’s State of the Union speech will include a new deflection from his complicity in the shitshow that is the American economy. The guy who swore to end fossil fuels (no matter what…it would do to the economy) appears ready to blame greed for what ails us.
Biden Administration Blames Putin For US Inflation
White House Press Secretary Karine Jean-Pierre recently blamed Russian President Vladimir Putin for inflation in the US. Much like blaming the border crisis on Republicans despite years of Trump wrangling to “Build That Wall,” this effort to project American inflation onto Putin’s shoulders rings hollow.
I Tried Wiping Out All Student Debt
In spite of all MAGA resistance, Joe Biden continues to cancel student debt in spite of the fact that the United States Supreme Court ruled that Joe Biden could not forgive student loans. Biden continues to find the money to bribe students and buy millions of votes. Joe Biden is shameless in securing one of the few remaining blocks of voters he has not lost.
Joe, Please Stop Telling Us The Economy Is Great
Maybe it’s me. Perhaps we have first to define great. From Joe Biden down to Sandy Cortez, the entire left tries their damndest to convince the country the economy is booming, and we ignorant people of the land don’t understand it.
Night Cap: Food Inflation for 2024 – Understanding the Government’s Shell Game
A meme recently raised eyebrows by comparing the cost of groceries purchased for twenty dollars in 1990’s Home Alone movie by child actor Macaulay Culkin with what that basket of goods would cost today. US food inflation has spiked in recent years, exacerbated by the COVID pandemic and substantial federal spending.
Night Cap: Biden, Media Gaslight People about Inflation
President Biden recently repeated the claim that high prices are caused by greedy businesses. Biden is not alone in trying to gaslight the people into thinking price inflation is rooted in the actions of private individuals and not the fiat money system Americans have lived under since 1971.
The UniParty’s War On The Middle Class
CBS News recently reported that inflation under Biden has cost the average American family over $11 thousand per year. Rest assured, that figure is understated because it is based on “government data.” The tweet below links to the CBS article.
Is It Just Me, Or Are There Fewer EV Car Commercials Airing?
I like to sneer and make snide comments when commercials for Electric Vehicles interrupt whatever I happen to be streaming. My wife has learned to ignore them, and I am trying to keep those opinions to myself, but recently, within the past few weeks, I’ve had no need.
Survival Sunday
First, I am merely an “enlightened amateur”. Please vet & check on your own. Caveat emptor. Consider these to be priming the pump for your own investigations. I know this is a long post; I am attempting to put out a lot of information as a resource. Read or skip sections depending on your interests.
The President Promises ‘Climate-Smart’ Agriculture That Misses the Point
President Joe Biden has kicked off an “Investing in Rural America Events Series,” which he claims will boost economic growth in rural America and bolster farms. However, inspecting under the hood of the new $5 billion in Inflation Reduction Act spending reveals that “climate-smart” agriculture is geek-speak for selling farmers renewable energy technologies and little else.
War, Oil, Inflation, And Global Economy
War is no longer a battle between two foes while the world watches for the outcome, especially when the struggle involves countries in the Middle East. With Joe Biden putting the American petroleum industry in chains, the Middle East has regained prominence as the region supplying the majority of oil to much of the world.
Can You Tell Which Marketplace Has the Most Interference from Government?
When the government meddles, things get messed up. The market – whichever it is – no longer works correctly, nor can it – and as you can see in the chart below, it is you that pays the price, typically in two directions.
There’s No Economic Fact Too Big For Democrats To Ignore
On September 19, I testified before a House subcommittee on the impacts of Bidenomics – yet it was clear that half the committee members weren’t even listening. That’s disturbing because our lawmakers have played a huge role in making the typical American family about $7,000 poorer in just two and a half years.
The Oil-Price Shock Is a Direct Consequence of Interventionism.
Oil prices are soaring, and, as always, we read in many articles that OPEC and Russia are to blame. However, if OPEC and its allies were almighty and the drivers of oil prices, why have Brent and West Texas Intermediate (WTI) crude plummeted in 2022? OPEC only reacts to demand, but it is not a price-setter. It is a price-taker. WTI … Read more
Survival Sunday
I cannot guarantee this will be done every week. Between memes, work, family, etc., I’m swamped. But still… trying to get info out as I believe things are getting to a head, and sooner than we think possible.
Biden’s Dystopian America
A lightbulb (the kind banned by Mr. Bluster Biden) went off in my mind, and the purpose of Bluster Biden’s Dystopian America became perfectly clear. Let’s put the pieces of the puzzle together:
No Taxes On The Middle Class Was A Big Lie
We know that Joe Biden cannot tell the truth, but the bigger problem may be not perceiving the truth. Most politicians will tell you what they think you want to hear, but Joe Biden doesn’t care what you want. He will do what he wants, and the hell with the consequences. He will twist the … Read more