Inflation in 2022. Are the following articles Biden’s way of conceding to America that he caused it?


The first admission that should start us to think

Biden concedes his COVID stimulus checks fueled spike in inflation

The New York Post pointed out how Dementia Joe admitted that the COVID-relief checks spurred inflation. (Emphasis is mine via bolding.)

BidenBucksPresident Biden on Wednesday conceded that inflation is at a three-decade high because “people have more money now” as a result of his $1.9 trillion COVID-19 stimulus legislation, recognizing a central point made by people who are arguing against a nearly $2 trillion sequel.

Biden unexpectedly endorsed the stance of his critics who have said the US dollar is losing its buying power as a result of the government printing money to cover COVID-19 aid.

The president said stimulus funds that he signed into law are in part to blame for demand exceeding the supply of goods, causing a backlog at major US ports and the highest rate of annual inflation since 1990.

“The irony is people have more money now because of the first major piece of legislation I passed. You all got checks for $1,400. You got checks for a whole range of things,” Biden said during a speech in Baltimore.

“If you’re a mom and you have kids under the age of 7, you get $300 a month and if it’s over 7 to 17, you’re getting $360 a month,” he said, misstating the second amount, which is $250 per month.

“It changes people’s lives. But what happens if there’s nothing to buy and you got more money to compete for getting [goods]? It creates a real problem,” Biden said.

“On the one hand, we’re facing new disruptions to our supplies. At the same time, we’re also experiencing higher demand for goods because wages are up as well as people have money in the bank. And because of the strength of our economic recovery, American families have been able to buy more products.”

But the president said he believes inflation will subside, arguing that many people temporarily are sitting at home ordering goods online rather than blowing their money at restaurants and bars.

“[People] are not going out to dinner and lunch and going to local bars because of COVID. So what are they doing? They’re staying home and ordering online and they’re buying product,” Biden said.

“Well, with more people with money buying product and less product to buy, what happens? The supply chain’s the reason, the answer is you guys, I’ll get to that in a minute. But what happens? Prices go up.”

(Read more at the New York Post)

Notice that we had to endure a lot of Biden’s “explaining” before we got to the truth

If you had been listening to Biden as he explained the introduction of inflation, you would have endured 15 minutes of his talking to hear 2 seconds of him admitting that he caused the inflation.

So we follow it with more giveaways celebrated at this signing party

Biden celebrates rare win with US infrastructure bill signing

France24 reported in a 15 November 2021 article how Joe Biden celebrated the passage of the “infrastructure” bill.

BidenBucksBattered by critics and dire opinion polls, President Joe Biden signed into law the biggest US infrastructure revamp in more than half a century at a rare bipartisan celebration in the White House on Monday.

The $1.2 trillion package will fix bridges and roads, change out unhealthy lead water pipes, build an electric vehicle charging network, and expand broadband internet. It is the most significant government investment of the kind since the creation of the national highways network in the 1950s.

“We’ve heard countless speeches… but today we’re finally getting this done,” Biden told hundreds of invitees on the White House South Lawn.

“So my message to the American people is this: America is moving again and your life is going to change for the better.”

Most of the crowd were Democrats but there was also a visible handful of Republicans. Notable among the Democrats were senators Kyrsten Sinema and Joe Manchin, two moderates who have warred with more leftwing members of the party, slowing down Biden’s agenda.

The bill is “proof that Democrats and Republicans can come together to deliver results,” Biden said. “Let’s believe in one another and let’s believe in America.”

Infrastructure spending is popular, but the goal eluded Biden’s predecessor Donald Trump for four years, turning his administration’s frequent promises of an imminent “infrastructure week” into a running joke.

Even now, Biden had to fight for months to get his squabbling Democratic Party to vote, risking a humiliating failure.

Democrats only narrowly control a bitterly divided Congress, but in a scarce moment of cooperation they were ultimately joined by a significant number of Republicans in the Senate and a symbolic handful in the House.

(Read more at France24)

From this incredibly propagandistic article, we get some glimmers of truth

This bit of text proves a series of facts:

 

8 thoughts on “Inflation in 2022. Are the following articles Biden’s way of conceding to America that he caused it?

  1. Unhappily, we have two political parties. One of them is famous for developing programs and policies that offer considerably more damage to American society than they actually resolve, and the other party has never had a good idea. So, we are locked into the land of stupid. As a case in point, referring now to Bunkerville’s latest post, the Biden administration will literally kill this country’s economic foundation by destroying its energy-producing capacities — and no one, with emphasis on “no one” thinks that these utterly moronic policies serve their interests. And yet, I have not heard a single GOP politician pushing back, either in defense of Trump’s policies (which were exactly the right course of action), or with any alternative ideas. My conclusion is that we are doomed. The spiral continues and I see no solution beyond termination with extreme prejudice anyone who was so blatantly stupid to have voted for Biden.

    Liked by 1 person

    1. I agree with the first part. However, instead of observing that the second party “never had a good idea” (possibly a good description, still) — I would say that they are all too willing to support the other side. This may come from a desire to profit from the illegals who come in and get victimized. It may come from a desire to make friends with Democrats. (Who knows?)

      Like

    2. Actually, I have heard a single Republican (or two or three) pushing back. However, it is never with the press fanfare that the Democrats get and not with significant numbers (usually).

      Like

    3. As a student of history, I simply refer to events back to 1859 when Republicans thought it was a good idea to destroy the Union over the issue of slavery, which never made any long-term economic sense, particularly since most experts today agree that slavery could never have lasted more than another ten years (tops). More recently, when the GOP controlled both houses of Congress and the presidency, they failed to rescind Obama Care, and failed to indict Hillary — either of which would have guaranteed them control of Congress for the next ten years. I had high hopes for Gowdy, but he was no more than a sabre-rattler, all talk and no walk. I register to vote as a republican (little r intended) and do vote conservative, but I have no faith in any party because, well, because they’re disgusting politicians who are every bit as venomous and unpredictable as water moccasins.

      Liked by 1 person

      1. On the point of Obamacare not being nullified during the first two years of Trump, I (likewise) was pissed and could not understand their resistance to removing the program.

        On the failure to indict Hillary, again, that baffled me (but I assumed that Trump pushed to “bury the hatchet” and get on with civil government as previous campaigns had — the only thing is that Hillary was a proven criminal). Hopefully, the endgame of Durham might be Hillary.

        Like you, I vote conservative. In a few instances where a true libertarian runs against a Democrat, I will vote for the libertarian rather than abstain.

        When it comes to Lincoln’s campaign that prompted the South to break off, Abe ran on not extending slavery to the territories. However, in New Mexico, Arizona, and Nevada, they didn’t want it, anyway. Texas was already a slave state.

        I’m wondering if the real issue was that the free-state versus slave state issue had run so long that those senators, governors, and representatives were just ready to create a Confederate States. Naturally, also there was a heightened loyalty to state over national government.

        Like

      2. Mustang,
        Didn’t Reagan say, “The closest thing to eternal life on earth is a Government Program” or something near that?

        That doesn’t excuse the Republicans from getting rid of Obamacare, but it might explain their lack of progress there.

        Still, as failed and flawed as Obamacare is, I wish they would have deep-sixed it.

        Liked by 1 person

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.