Anonymous ID: 41c618 March 16, 2022, 10:07 a.m. No.15875911   🗄️.is 🔗kun   >>5958 >>6197 >>6308 >>6394

https://thefederalist.com/2022/03/16/the-ruling-classs-response-to-inflation-tells-you-its-only-going-to-get-worse/

 

The Ruling Class’s Response To Inflation Tells You It’s Only Going To Get Worse

By: Joy Pullmann | March 16, 2022

 

Every time some member of the ruling class says “inflation is transitory” or “we predict it will come down by the end of the year,” I read it as confirmation things are going to get worse. That’s because these are the same people who told us just a few months ago that inflation wasn’t happening until it was so obvious that the screen people had to switch narratives.

 

It’s also because U.S. corporate media, which today drives national politics, has been for some time the American Pravda. You have to read between the lines, sometimes backward, to understand what is really going on.

 

These are, recall, the same people who also tell us every election is questionable except 2020’s, some men are women, babies aren’t people, war is bad but we should get into another one, and critical race theory is a mirage. They simply can’t be trusted on anything.

 

In fact, a rule of thumb I’ve developed based on watching the media lie so many times is that whenever the ruling class insists on something, it’s a pretty good bet to assume the opposite is closer to the truth. [Anons know]It works extremely well to combat propaganda stampedes.

 

The people telling us that inflation’s not happening — but it’s Vladimir Putin’s fault — do so in direct contradiction to empirical demonstrations of the opposite. Nobel Prize-winning economist Milton Friedman, for one, demonstrated that inflation is “always and everywhere a monetary phenomenon” — i.e. directly caused by governments essentially printing money.

 

<more>

Anonymous ID: 41c618 March 16, 2022, 10:22 a.m. No.15876035   🗄️.is 🔗kun   >>6197 >>6308 >>6394

https://thefederalist.com/2022/03/16/polls-show-bidenflation-is-killing-democrats-with-minority-voters/

 

Polls Show ‘Bidenflation’ Is Killing Democrats With Minority Voters

By: Christopher Jacobs | March 16, 2022

 

<snip>

 

Disproportionate Impact

 

The poll results should make for bracing reading for Democrats, because they show how the party’s policies have not only harmed the economy, but alienated their political base. For starters, notwithstanding the recent Russian invasion of Ukraine, twice as many voters (50%) consider “inflation and the economy” the top priority for the president and Congress as the Ukraine conflict (25%). (Only 5 percent of voters consider Covid the top priority issue.)

 

Nonwhite voters (60%) listed inflation as a top priority by a higher margin than white voters (47%), quite possibly because they reported suffering from inflation’s effects in greater numbers. A total of 35% of non-white voters in the Journal poll said inflation is “creating major financial strains” for their family, compared to the same from 28% of white voters. African American women and Hispanic men demonstrated the highest rate of major financial strains for their families, at 44 percent.

 

Just as telling: “Almost half [of respondents] with incomes of less than $60,000 reported major financial strain, while just 13% of those making $150,000 or more did so.” In other words, while elites in Washington—home to some of the wealthiest counties in the United States—face little discomfort from skyrocketing prices, ordinary families are getting their proverbial teeth kicked in every time they head to the grocery store or try to fill up at the pump.

 

<snip>

 

SOS: Stop Over Spending

 

Over the past year-plus, voters have gotten a (re-)education in the fact that the left’s big-government policies end up harming the populations that leftists claim to want to help. Yet, while the American people have seen how government spending and printing money leads to sky-high inflation, most (but thankfully not all) Democratic lawmakers still want to ram a $5 trillion spending bill through Congress that would raise inflation still higher.

 

<more>