Inflation is a declining dollar's purchasing power, demand looking at empty shelves, leadership promising better times while spending more and profiting less, loss of control over foreign supply lines, wages chasing promises of lower prices, consumers wondering who will lead us followers out of a recession, then a monstrous depression. That's a mouthful to digest, by voters and bread winners. Is it going to be Biden and Harris, life time politicians or business leaders becoming our Presidency, Congress, Governors, Mayors and educators. We need to balance the power of money with the strength of enterprising Americans.
Where does inflation start? At the gas station or in Washington D.C.? Your guess is as good as mine. But mine is having lived with politicians for 80+ years making promises they don't ever, I repeat ever, keep or are accountable for making them happen. Sounds like a frustrated writer looking for readers who will standup and treat inflation as a exponential problem, not a political blame game issue. Predicate, as verb predictor of disaster for America. Does it matter which party is in control and accountable for the truth, which is the bottom-line ($30 trillion accumulated debt and $100 trillion deficits using GAAP accounting?
Fact: A Republican was in charge during the worst depression ever. Thus, President Hoover was called the worst President ever, until Jimmie Carter, a Democrat. In between President Nixon, made things worse with price controls and President Kennedy with a missile crisis he confronted head on, to save the country from fear. President Bush, Sr. promised "read my lips" no tax increase then had to eat his increased taxes and lost his Presidency. President Clinton promised that technology would finance NAFTA and China began to prosper. President Bush the Second sold our economy to the Fed rate disaster, while chasing Saddam Hussain rather then Ben Laden. President Obama promised socialized health care wouldn't cost one dime as he approved bailouts of Wall Street and GMC for the Fed rate debacle. President Trump became the first President to have entrepreneurial skills and had economic policies supporting American business first until a Pandemic and harvesting of votes took him down.
Now we have President Biden, the least qualified leader to confront an economic slowdown and a price war with China, Russia, OPEC and Iran who want to bring down America's prominence in free market enterprise. His day one executive orders intentionally reversing Trump's policies, despite the negative results doing so. The loss of $85 billion in military equipment to the Taliban, the passing of $1.9 trillion in economic stimulus, the shutdown of America's energy independence, the opening the borders to 2.5 million refugees, the $40 billion in weapons for supporting Ukraine against Russia, loss of control over supply lines with shortages at the pump and grocery stores, new taxes on the corporations and wealthy investors wont cost one penny, with debt and deficit spending (amounting to governmental losses of $100 trillion in GDP accumulated since World War II and the Build Back Bigger government with the Green New Deal and infrastructure proposals until 2050. That will encumber our economy with uncontrollable inflation and collapse our US dollar, stock market, Federal Reserve banking system and trillions of US Treasury Notes, with an unsustainable economy and government overhead. Which in turn kills American businesses' ability to compete with China's "Wolf Warrior" global trade war.
To combat this inevitable result, we need a swing vote, third political party that is founded on the principles of business acumen and generally accepted accountability for the greatest enterprise ever formed to prevent a "Roman Ides of March." And Keep America Enterprise Great.
