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Monday, May 16, 2022

Steps By Biden and the Dems to Stop Inflation Do NOT Exist

 Ass i write this, the biggest problem facing the US economy is inflation.  It started zooming upward about six months after Biden took office.  America was told not to worry: inflation was transitory.  Meanwhile, since it was supposedly transitory, inflation did not give rise to any counter measures by Biden or the Democrats.

After six months of transitory inflation, it was undeniable that inflation was gathering force rather than disappearing as the Biden transitory meme predicted.  At that point, one would have expected Bid or the Democrats in Congress to do something to fight this economic scourge.  But they haven't done anything.  Biden's sole move to fight inflation came after oil and natural gas prices doubled.  Biden could have resumed the Trump policies that led to a major growth in production of American oil and gas; that alone would have undone nearly all the increase in energy prices.  But no, Biden instead chose to release oil from our emergency reserves of oil.  That stopped the increase for now, but in a  few months when the reserves run out, we will see a major jump in prices once again.  Instead of putting out the fire, Biden and the Dems just tamped it down a bit so that it can come back stronger later.

Other than releasing oil reserves, Biden has done nothing to fight inflation.  NOTHING!!!!! 

The Dems and Biden always have someone else to blame for anything that goes wrong.  It doesn't matter if their statements are true, they always blame someone else.  It's hard to imagine anyone accepting the excuses pouring from Biden when he hasn't done anything

I predict that inaction in confronting inflation will be the undoing of the Biden administ6ration and Dem control of Congress.

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