Joe’s Pachyderm In Room Named Inflation
Spendthrift Democrats’ elephant in the room ain’t a Republican pachyderm, but voters KNOWING, while RATE of inflation increase is down, many bread & butter PRICES are 10-20% higher than year ago with NO END IN SIGHT …
What IS in sight is a magnificent federal budget deficit & national debt worse than at the end of WW II. And, for what, voters ask? Fighting an epidemic was one thing (although even that lockdown mentality is now widely seen as over kill); but futilely fighting to change the weather as well as our culture & history is another. They ain’t stupid, although the WSJ article also seems to think they are. Here, for example, is a key take-away by the paper that a child could figure out: “Prices are rising more slowly [e.g., 3.9% or so], but consumers fixate on how much lower [as much as 29% or so] they were before the pandemic … [since prices] aren’t likely to return to where they [once] were …
“Fixate”? FIXATE? How can you not FIXATE when a fill up at the gas station in many areas is exceeding $50, even $60 or more compared to $30 under Trump? Or, when a steak for two costs $35-$40 at the grocery store compared to $15-$20? As the WSJ points out, there’s a disconnect between “the Federal Reserve”, economists and the Swamp’s policy makers, as well as Mr. Biden & his handlers, er, advisors. But the paper also disconnects with the average chumbolone when it suggests, like Joe, that maybe they just aren’t appreciative enough that things may be getting worse, just not as worse as horrendous. An aging Joe may forget this everyday reality for the average Joe & Jane, but not the elephants in the room. And, yes, WSJ, “[it] is a problem for Biden” & his re-election hopes.
Davd Soul
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