Democrats Double Down on Driving Up Inflation
Skyrocketing inflation is destroying the American economy. It has two primary causes: massive wasteful spending by the federal government and the suppression of energy production. The situation will continue to deteriorate rapidly so long as Democrats remain in charge.
Speaking before the union thugs he eagerly panders to at the country’s expense, Biden confirmed that not only will he not take steps to reduce skyrocketing inflation, he plans to double down on spending. Astonishingly, Biden blamed Republicans for inflation, implying that they are causing the problem by preventing Democrats from wasting even more money.
Biden growled menacingly:
“Republicans in Congress are doing everything they can to stop my plans to bring down costs on ordinary families. That’s why my plan is not finished and why the results aren’t finished either.”
To “bring down costs” from the viewpoint of this socialist is to print more money to pay for luxuries like “free” childcare, which like “free” college has temporarily stalled due to resistance. The inflationary effect of such policies are so obvious that even Biden or at least his handlers and media enablers must be aware of it. Weimar Republic-style inflation is not a bug; it is a feature. It will destroy the deplorable middle class and allow Democrats to pay down the federal debt with debased currency.
Don’t expect the ruling party to stop driving inflation through its War on Energy. On behalf of the liberal elite, the Climate Czar intones that we little people will have to make do with what is intermittently supplied by moonbat-approved technology like wind and solar:
During remarks last week, Special Presidential Envoy for Climate John Kerry said that “energy security worry is driving” the thinking that there is a need for additional drilling and for going “back to coal” — but he flatly rejected those notions.
Needless to say,
Rapidly rising fuel costs result in higher transportation costs, which can also lead to higher prices for all sorts of goods and services.
With each day that the malevolent kooks comprising the Democratic Party remain in power, your money is worth less.
There is no point at which the situation will get so bad that Democrats will stop deliberately making it worse, any more than Pol Pot was ever going to acknowledge the destructiveness of his ideology and begin to govern responsibly.
Biden Climate Czar John Kerry: “We absolutely don’t” need to drill for more oil and gas. pic.twitter.com/F6EA6JHIuG
— RNC Research (@RNCResearch) June 14, 2022
On tips from Varla and Mr. Freemarket.
The post Democrats Double Down on Driving Up Inflation appeared first on Moonbattery.
Source: https://moonbattery.com/democrats-double-down-on-driving-up-inflation/
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