Good day all. Now that Bidenflation has arrived, people who’ve never experienced this phenomena are in a blind panic. This includes the morons, moonbats, liberals and progressives, (But I’m repeating myself), who are part of the Dementia Joe Maladministration.
Recently, one of these over-educated idiots working, (if you can call it that), came out with a response to the current economic mess we now find ourselves in. Here are the details from Fox Business News:
A top Treasury official this week claimed that the recent surge in inflation is part of an “economy in transition” and that the only way out is to get everyone in America and worldwide vaccinated.
The Labor Department said this week that the consumer price index had risen 5.4% year over year in September, according to the Labor Department. Prices increased 0.4% month over month.
Personally, I think it’s more than that. Progressives will always lie when the economy doesn’t perform the way they command it to.
Energy prices climbed 1.3% in September and are now up 24.8% over the past year. Food prices, meanwhile, jumped 0.9% last month and are now up 4.6% annually. Prices for meats, poultry, fish, and eggs, have climbed 10.5% this year while beef prices are up 17.6%.
“Today we face an economy in transition, and as part of the transition we are seeing higher pieces for some of the things people have to buy,” Deputy Treasury Secretary Wally Adeyemo said in an interview with ABC News.
“That’s exactly why the president was focused in the American Rescue Plan in ensuring on getting stimulus into the hands of the American people, so they’d be able to buy the products they need,” he said.
We had a perfectly good “Rescue Plan.” It was called “President Trump Making America Great Again.” The economy was booming, unemployment was so low that companies were having trouble finding people, there were great high paying jobs, things were looking good.
Then we had the Great Panicdemic of 2020, and the governors murdered the greatest economy in decades. Next came the Tainted Election of 2020, and the Worst President in History was installed. Since then, as expected, President Bumbles Dementia has screwed up by the numbers. Now your answer to fixing this mess is what? More of the same?
The solution for the Treasury Department, however, is not monetary, but medical.
“But the reality is the only way we’re going to get to a place where we work through this transition is if everyone in America and everyone around the world gets vaccinated,” he said.
“This is why the president continues to be focused on the idea that we get everyone who can vaccinated in this country and while we’re doing that we continue to provide the kind of resources the American people need to make it to the other side,” he said.
This worshiper of the Church of Fauci is, obviously, nothing more than a political appointee who has no actual experience in, pretty much anything. This seems to be the standard for the maladministration’s hiring practices. For instance we have this idiot.
Federal Reserve Chairman Jerome Powell, meanwhile, has claimed the recent bout of inflation is “transitory” and that price pressures will ease over time as supply chain bottlenecks caused by COVID-19 are alleviated.
Inflation is not transitory, it’s permanent, thanks to morons like Powell. The rate might change, but it is incredibly rare to see any deflation. (Where the value of money increases rather than decreases) As for giving everyone on planet Earth one of the experimental vaccines, (and the hell with any choice in the matter), My question to that nitwit is, “How big a stake in pharmacological companies do you have in your stock portfolio anyway?” That is the only legitimate explanation for such an asinine comment as “We have to inject everyone to make things better.”
Thatisall
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