Tag Archives: Inflation

Dear Trump Supporters, I Still Know Who You Really Are.

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In November 2016, I wrote a post aimed at Trump voters saying, “I know who you really are.” Not surprisingly, many of you were incensed by my conclusions. But then you seem easily incensed by any criticisms of you and your orange Messiah.

Recent studies found that you are angry, but that you don’t know what you’re actually angry about. And though you don’t know why, you’ve chosen to blame the government and Democrats for any and all of your frustrations.

Tired of paying what you consider too high taxes? It’s not that Republicans have consistently shifted the tax burden to the lower and middle classes from the wealthy and large corporations. It’s because Democrats spend money on food for children and the poor.

Upset about the lack of high-paying manufacturing jobs? Never mind that multinational corporations have offshored those jobs. The real culprit must be the government which has imposed regulations to protect the safety of workers.

Furious that immigrants are taking American jobs in produce fields and meatpacking plants? It’s not that very few Americans will fill those jobs due to hard work, low pay, poor working conditions, and lack of benefits. Or that, for decades, Republicans have refused to vote on immigration reform. It’s because Democrats can’t stem the flow of immigrants across our southern border.

Angry that inflation has increased interest rates and the cost of many products? It’s not that your mango-colored conman botched and politicized the response to a pandemic leading to disruptions in supply chains and widespread shortages. Or that greedy corporations are using inflation as an excuse to unnecessarily increase profits. It’s got to be the fault of President Biden and the Democrats.

Worried about crime and declining family values? It’s not that fear-mongering Republicans permitted gun manufacturers to sell weapons of war to civilians by the millions. Or that you have long discriminated against people of color and the LGBTQ community. In your feeble mind, it’s godless transexuals and historical accounts of slavery that are responsible for our political division and growing violence.

Without evidence, you believe these falsehoods just because your demented (and apparently dementia-inflicted) leader says so. You take the word of a disgraced, twice impeached, indicted, misogynistic, tax-dodging, mob-connected, fascist-loving, freedom-denying, sexual assaulting, fraud-committing, anti-democratic faux celebrity over that of experts.

Why?

I believe it’s because he’s the bully you always wanted to be. And he’s unshackled you from political correctness, i.e. common courtesy. Of course, you’ll deny it because you claim to be a church-going person of faith. Well, the uncomfortable truth is that if you support Trump, you may well be religious. But you’re neither moral nor ethical.

Neither are you the patriot you almost certainly claim to be. Because patriots support our Constitution and the rule of law. They don’t try to suppress the vote through threats and intimidation. They don’t try to violently overturn the results of an election. They don’t resort to dirty tricks against those with whom they disagree. And they sure as hell don’t beat up cops, deface the Capitol, and try to hang the vice-president.

If you support Trump, you are not a patriot. You are part of a dangerous cult that worships a domestic terrorist disguised as a presidential candidate.

Blame It On Biden?

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If you were to listen to Republicans, their propaganda networks and the corporate media, you would almost certainly believe that President Biden’s administration has been a disaster for America – worse even than that of his treasonous predecessor who used the White House as his own personal ATM and tried to violently overthrow the will of the people. But let’s take a closer look at the nation’s many problems and their actual causes. For example:

Afghanistan – Biden was blamed for our ugly exit from Afghanistan. He was accused of abandoning Afghanistan’s women and allies who worked with U.S. troops during that 20-year war. But examine the events leading up to our withdrawal, and you’ll discover that the terms and timing of our departure were negotiated by the Trump administration. So, when Biden took office, he was faced with an impossible choice – either pull our troops out of Afghanistan by the negotiated deadline. Or risk escalating the war and possibly cause it to continue for decades more.

Pandemic – Biden inherited a raging pandemic that had killed hundreds of thousands of Americans and savaged our economy. True, three vaccines were created during the previous administration. But many of Trump’s supporters steadfastly refused to take them. And by angrily refusing to wear masks, they helped spread the virus. Nevertheless, by relying on science and increasing the availability of vaccines, Biden’s administration has been able to mitigate the pandemic and to quickly restart the economy causing unemployment to drop to near historic lows.

Inflation – Biden’s stimulus plans have been blamed for overheating the economy and leading to the highest inflation in 40 years. But, when you realize that corporate profits have simultaneously reached 50-year highs, another picture emerges. The primary cause of inflation is corporate profiteering, plain and simple. Other factors include disrupted supply chains, overwhelmed seaports, understaffed trucking companies, exhausted front-line workers, and pent-up consumer demand – all the result of the Biden-inherited pandemic. It’s a basic tenet of economics that reduced supply plus increased demand equals higher prices. The administration has few tools to address that reality. It must rely on the independent Federal Reserve, and its only tool to address inflation is to increase interest rates.

Fuel Prices – Perhaps the greatest driver of inflation is soaring fuel prices. Certainly, that must be Biden’s fault. Right? Wrong! Fuel is subject to the same economic principle that affects all pricing. During the pandemic as most people worked from home, oil producers and refiners cut supply in order to reduce costs. When the country reopened, suppliers say they were unprepared for the sudden increased demand. At the same time, Russia invaded Ukraine leading to sanctions on one of the world’s largest oil producers. The administration has reacted in the only ways it can – by releasing some of our nation’s oil reserves, calling on Saudi Arabia to increase production, and trying to shame the opportunistic oil companies into lowering prices.

Moreover, given the fact that the five largest oil companies are enjoying record profits, there are legitimate questions that they may be inflating prices in retaliation against Democrats who want to force them to pay their fair share of taxes.

Federal deficit – Having refused to admit that Covid-19 was a serious threat to the U.S. lest it interrupt Trump’s “beautiful” economy, the previous administration borrowed trillions to avoid an economic collapse. Unfortunately, government revenue had also been dramatically reduced by the Trump tax cuts. That led to massive deficits. Yet the Biden administration was not only able to restart the economy. Since taking office, it has cut the deficit by $1.5 trillion.

Immigration – Republicans would have you believe that Biden has pursued an open border policy. If that’s so, how do you explain the 1.6 million immigrants waiting on the other side of our border? While it is true that Biden wants to end Title 42, he has committed to maintaining border security. He simply wants to make our border policy more humane by making it easier for immigrants to apply for refugee status if their lives would be endangered by returning to their country of origin. And, given that most of our businesses are understaffed, an increase in immigration could only help our economy.

Baby Formula – Of course, Republicans jumped on the opportunity to blame Biden for the baby formula shortage. What they fail to acknowledge is the impact of the industry’s consolidation to just four suppliers. When the FDA forced the largest of those to close a plant after dangerous bacteria were found in its products, grocery shelves emptied. Transportation issues caused by the pandemic only added to the problem as they caused delays in importing formula from other countries. To overcome those delays, Biden did the one thing he could. He turned to the military to transport formula from Europe.

Child Tax Credit – Many parents are frustrated by the end of a program that lifted millions of children out of poverty. Yes, that did happen on Biden’s watch. But it was largely due to GOP obstruction.

War in Ukraine – Russia’s latest invasion of Ukrainian territory also happened on Biden’s watch. But, in reality, it is a continuation of Russia’s 2014 capture of Ukraine’s Crimean Peninsula. There has been fighting along the border of the two nations ever since. Unlike the previous administration that withheld nearly $400 million of congressionally approved military aid in order to gain damaging information on his likely political opponent, Biden has led an international coalition to provide military aid and sanction Russia’s plutocrats.

Surprisingly, it’s not just Republicans who are unfairly heaping blame on the Biden administration. Many Democrats and independents are frustrated that Biden hasn’t yet dealt with their long wish list of wants and demands. Why hasn’t he instituted stricter gun safety measures? Climate change is worsening. Why hasn’t he done more to address that? Why can’t he lower the cost of pharmaceuticals? Why can’t he do more to protect abortion after the conservative majority in the Supreme Court overturned Roe v Wade? What is he doing to protect voting rights? Why hasn’t he forgiven all student loans? Why hasn’t he expanded the number of justices on the Supreme Court.

The answer to most of those questions and more is the recalcitrance of fifty Republican Senators, two Democratic Senators and the filibuster.

Biden certainly isn’t perfect. But his administration has been faced with an almost unimaginable number of challenges. And, unlike his twice-impeached predecessor, he didn’t encourage one of our nation’s greatest rivals to help him get elected. He didn’t receive campaign funds from foreign powers. He hasn’t stuffed his pockets with taxpayer money. He hasn’t bullied allies while playing footsie with dictators and enemies of our nation. He hasn’t ordered children to be ripped from their mothers’ arms. He hasn’t tried to extort favors from a foreign leader. He isn’t a pathological liar. And he hasn’t defiled Congress and our Constitution.

Low Gas Prices? Or The Planet? Which Will You Choose?

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Fires raging in the West, excessive heat in many parts of the world, crop failures, flooding in Yellowstone, disappearing glaciers, severe storms in the Midwest, and the predicted surge of hurricanes are all indicators that we have waited far too long to address climate change. But most Americans seem willing to ignore all of that and focus, instead, on rising gas prices.

If we had taken climate change seriously when scientists first identified its cause decades ago, we wouldn’t be facing this oil-fueled economic crisis. We wouldn’t be at the mercy of the Russians and the Saudis or any of the world’s other oilygarchs. We wouldn’t be held hostage by the world’s five largest oil companies and their greedy CEOs.

We would be using renewable fuels, instead.

Nevertheless, here we are at a crossroads. Do we offer more subsidies and power to oil producers in hopes they’ll lower gas prices knowing that we’ll likely face the same problem another year or two down the road? Or, if it’s not already too late, do we finally do what we eventually must and invest in renewables that will help us avoid the most catastrophic consequences of climate change?

If we choose the latter, we may still avoid the flooding of all of the world’s populous coastal cities. We may yet avoid the displacement of hundreds of millions. We may avoid seeing millions dying from food shortages. We may avoid the predicted extinction of more than a million of our planet’s species. We may yet save ourselves, our children, and future generations from greater hardships and possible extinction.

Am I optimistic that we will choose the right path? No.

Unfortunately, the GOP (Does that stand for Greedy Old Plutocrats or Guns Over People?) is uniformly opposed to any measures that would come between oil companies and their billions in profits. So, too, is Democratic Senator Joe Manchin. As a result, Congress already squandered one opportunity to address the problem through Biden’s Build Back Better plan. And we’re unlikely to have another opportunity in the near future.

What makes this situation all the more frustrating is that the many billions of dollars in oil companies’ windfall profits could help pay for the changes needed to address the climate crisis. Combine that money with the trillions that will be spent on repairing the damage caused by increasingly intense storms, fires, and flooding, and we would have enough money to ensure the future of our species and the planet.

So, which path will you choose? This coming November will you vote for candidates who are serious about addressing the climate crisis? Or will you gamble on candidates who falsely claim they can lower gas prices and hope your family can survive on an increasingly dangerous and unlivable planet?