Monday, September 26, 2022

Democrats Have Some Weird Ideas About How To Whip Inflation Now

Now inflation is back, brought on by monster government spending, and Democrats have cooked up far more dimwitted inflation"Cures" than the hapless Jerry Ford.

The only potential to reduce one component of inflation is down the road on prescription drug prices which haven't been rising very fast compared to other necessities like food, gas, utilities, and housing.

Another fallacy we hear from these Democrats is that getting rid of the tariffs will lower inflation.

Inflation - from the monstrous costs of higher education, to the skyrocketing price of oil, to inflated housing costs, to the soaring prices at the grocery, to the ever-bigger hospital bills doesn't come from tariffs.

They'll continue to raise borrowing costs until inflation is tamed.

What we rarely, if ever see, is the recognition by the media of the disastrous inflation that is caused by the Democrats' intentional destruction of industries that supply plentiful, practical, affordable, and reliable energy.

There is another way to solve inflation: go back to Trump's policies of smaller government, fewer regulations and lower taxes that produced rapid real income growth for those at the bottom and low inflation. 

https://www.americanthinker.com/blog/2022/09/democrats_have_some_weird_ideas_about_how_to_whip_inflation_now.html

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