How to Cure Inflation
American Spectator,
by
David Catron
Original Article
Posted By: Garnet,
7/14/2022 9:03:02 AM
The Bureau of Labor Statistics released two reports Wednesday morning that confirm the fiscal incompetence of the Biden administration and its confederates on Capitol Hill. The BLS reported that the Consumer Price Index rose yet again in June: “Over the last 12 months, the all items index increased 9.1 percent before seasonal adjustment.” The BLS also released its Real Earnings Summary: “Real average hourly earnings decreased 3.6 percent, seasonally adjusted, from June 2021 to June 2022.”
Reply 1 - Posted by:
weirdone 7/14/2022 9:37:44 AM (No. 1215993)
"Everything that ought to be down is up.
Everything that should be up is down," Al Gore
2 people like this.
Reply 2 - Posted by:
Bluefindad 7/14/2022 9:38:47 AM (No. 1215994)
The Biden junta is delivering a one-two punch, hoping to knock out America before the close of this round. They are printing and spending money as fast as possible to spur inflation while simultaneously flooding the market with cheap labor to depress wages.
3 people like this.
Reply 3 - Posted by:
RuckusTom 7/14/2022 10:48:49 AM (No. 1216060)
Increase interest rates to Carter era levels. That should take some cash out of the economy.
2 people like this.
Reply 4 - Posted by:
DVC 7/14/2022 11:39:22 AM (No. 1216135)
It is wrong to assume that everyone in government WANTS to reduce inflation. The WEF folks see currency collapse as a necessary step in their takeover of the planet and eliminating about 90% of what they see as the "human scourge" of the planet by starvation.
4 people like this.
Reply 5 - Posted by:
stablemoney 7/14/2022 11:54:30 AM (No. 1216154)
Stop the government deficit spending. Allow energy companies to produce energy. Quit subsidizing biofuels, solar, wind, and EV's. Stop regulations passed by agencies, rather than Congress. Lower taxes so the recession will be less severe. Reduce government employment by 25%. Stop blackmailing the states with federal mandates. Elect Republicans, not Rino's, to replace the Democrats. Elect Trump, because he is the only one that will reverse socialism, and will appoint conservative SC judges. No other Republican has done it.
3 people like this.
Reply 6 - Posted by:
rytwng 7/14/2022 12:24:30 PM (No. 1216185)
Get rid of the Moron in the White House.
3 people like this.
Reply 7 - Posted by:
Bur Oak 7/14/2022 12:27:10 PM (No. 1216190)
We could begin by slashing the federal budget.
3 people like this.
Reply 8 - Posted by:
Bur Oak 7/14/2022 12:27:55 PM (No. 1216192)
I meant to say, federal spending. The budget is meaningless.
3 people like this.
Reply 9 - Posted by:
MDConservative 7/14/2022 4:51:40 PM (No. 1216444)
Blah...blah...blah...
Let's go back to the last time and the meme then (and now) was government cannot spend its way out of inflation with borrowed or printed money. Those were the days when Stockman, Volcker, and Reagan were carrying on about less spending, balanced budgets and lower taxes. Americans saw the proverbial light at the end of the inflation tunnel on the nightly news since Nixon's days and Ford's WIN button extravaganza. Today's political pulaver is exactly the same lies as then...it'll be over soon. It took more than a decade and a shot of actual political will in the face of public disbelief and unrest. Reagan's 1984 re-election was doubtful through this process. The reduction of inflation is painful to many, now living in a world of stimulus.
It's not the Dems or the GOP...it's the UNIPARTY spreading it around, starting with COVIDS ($14 TRILLION) and now including a war in Ukraine. Everyone wants "more" giving less in return.
0 people like this.
Reply 10 - Posted by:
JackBurton 7/14/2022 5:10:18 PM (No. 1216458)
The way it was cured last time was to slow the spending and increase the supply. Start with oil. Easy to increase the supply and availability. Move on to ALL labor. Cut payments to the stay-at-homes. If they want to eat, work. Increase the supply of labor, you can increase the supply of any goods. Reagan's 'Supply Side' worked. For forty years.
0 people like this.
Reply 11 - Posted by:
doctorfixit 7/14/2022 7:43:06 PM (No. 1216608)
Stop the government from printing borrowing & taxing. Shut off Washington DC's money
0 people like this.
Reply 12 - Posted by:
ConradCA 7/14/2022 8:14:57 PM (No. 1216637)
The real solution for our inflation is massive cuts in federal government spending. Kill of the departments that aren’t needed. Departments of Education, HHS and Interior would be a good start. Cancel Biden’s trillions of dollars in wasteful deficit spending.
0 people like this.
Reply 13 - Posted by:
Muguy 7/15/2022 8:00:33 PM (No. 1217429)
Open the oil spigot and quit sending OUR oil to other countries!
Bring down the cost of everything being trucked to your store.
Tell the GREEN Wackos that their technology and ideas are not working and go back to the tried and true.
We have hundreds of years of oil and natural gas RIGHT HERE-- let's use it
FACE IT-- the is nothing more that using our own economy against U.S. in an environmental/economic overturn of the prosperity of our own nation so the socialists can take over the country by INVASION of ILLEGALS to BREAK DOWN the society we all live in--
The poor and senior citizens are being given the shaft!
0 people like this.
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