(Painful) Change We Can Believe In

From Rasmussen:

…A new Rasmussen Reports national telephone survey finds that 56% of Adults are Very Concerned about the threat of inflation. That’s up from 52% a month ago and 48% at the first of the year.

In addition to those who are Very Concerned, another 28% are Somewhat Concerned about the threat of inflation. Just 14% are not very or not at all concerned.

Eighty-seven percent (87%) of Americans say they are paying more for groceries now than they were a year ago. That’s up 12 points from last April…

All of us can see it – I paid $3.89 for gasoline the other day out here in Las Vegas.  Food prices are rising so fast that the Mrs and I are starting to craft our menu by what is on special this week and has a coupon.  It is no longer a time when I will just idly drive, nor a time when I’ll just buy whatever I want at the store.  Care is needed lest these two basics eat too far in to the income.  And I am certain that for those with kids to feed, this is an even more stark reality.

The bottom line is that Americans are being crushed in a vise of government design – our dollar is being destroyed by the Federal Reserve in order to allow banks to make high profits and thus give the appearance of health to the economy.  This, in turn, is supposed to grease Obama’s way to re-election next year.  Meanwhile, our wages are flat because government taxes and regulations are hampering the wealth creation necessary for both robust employment growth and a rising standard of living.  Each day, average Americans are a little poorer than they were the day before, and there is no end in sight for this.

This is becoming not just incompetence, not just adherence to stupid, out of date economic theories…this is now becoming a criminal mishandling of government policy.  But the bad news is that we can’t fundamentally change things until Obama is out of office.  For now, we’re just going to have to suck it up, do the best we can…and work for Obama’s defeat next year.

Read more at Noonan for Nevada