Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts

Sunday, August 18, 2024

What Are the Odds He Believes This?

 

This isn't how tariffs work. People have been pointing out this is not how tariffs work. The benefits of tariffs are mixed. But if consumers are concerned about high prices, tariffs are not going to do anything about them. Economists say it would result in Americans paying more--it is a tax on us. Trump's concept of a trade war against foreign countries is just not how things in a global economy work. The answer--inflation. 

I'm not 100% Trump understands what his immigration policy would do to supply chains here in the US, and I'm relatively sure that if he hasn't got the tariffs thing right in his head, he definitely doesn't understand how devaluating the dollar is also terrible for consumers.

But you or I might be thinking about things from the point of view of people with "normal" incomes. We do things like work for a living or have a "fixed" income from a pension. We would actually feel those costs--the people who help set Trump's economic policy and the people who can afford Trump country club memberships would not. I don't think it matters whether Trump understands these policies, I think it's that he does not care and will say absolutely anything to be elected.

Saturday, September 24, 2022

Defining the GOP

 


Is that a pizza menu Rep. Elise Stefanik holds in her hand in the picture above? Why, no, it is the Republican party's plan to define itself ahead of the midterms! Many GOP legislators, we are assured, worked long and hard to boil down what the party plans to do in their Commitment to America, and while I think what's on offer is long on goals and short on policy specifics, I can already envision what the party will do, because they have been telling us.

Sen. Lindsey Graham, I think, has done the best job of defining the party: it's about a federal abortion ban.  He has literally said the words "defines our party" regarding this issue, and I sure as heck don't disbelieve him, because even if they can't manage it federally, you can be sure GOP governors and state houses are ready to exercise their "states' rights" to take away the rights of people who can become pregnant. 

They have goals regarding crime and inflation, and also oversight of the White House. I think we can predict fairly well what House Republicans would do with their opportunity--pretty much nothing useful for the economy (tax cuts for the rich and "cutting waste" really won't accomplish much) and maybe they are only concerned about crime regarding some people, but as long as Biden is president, they have a great incentive to not make things better and to, I dunno. Try impeaching him for something. Anything, really. 

They say they want to protect Social Security and Medicare, and Sens. Rick Scott and Ron Johnson have given us a good window into their thinking about that--they are going to destroy the village to save it

From the skimpy pamphlet that GOP House leadership brandished, to the video that contained a lot of stock footage from...Russia (Really? A national party won't foot the bill to contract a videographer to shoot B-roll out in Indiana or wherever?), you can really see the loving, thoughtful work that has gone into their messaging. 

Even the comments of their probably-planted concern-mommy let you really know what they are all about:


So, you understand, they will defeat classroom communism with a commitment to be....pro-bullying, anti-inclusion, and definitely crack down on that diversity and equity stuff. You bet! In sum, f you want a party that stands for culture war, inaction on kitchen table issues, the Big Lie, book-banning and making kids carry their rapists' baby to term, well, the GOP have well and truly demonstrated who they are! 


Monday, August 8, 2022

Not One Republican

 

Yesterday, the Senate Democrats passed the Inflation Reduction Act. It's accurate to say Senate Democrats, because not one Republican helped pass it. Not one.  This bill brings significant benefits for health care costs and fighting climate change, and could have been even better, but Republicans spitefully blocked a provision that would have capped insulin costs to $35 a month. 

Why do I say they spitefully did that? Well, they could have just left in in the bill. But just as with their snit fit over the PACT Act, I really suspect they didn't want to be remotely helpful and were mad that this significant legislation would be passed at all. It's not like they seem to especially care about the environment, anyway, and they complain about prescription medicine costs--but doing something about them smacks too much of making government do stuff.

I could be disappointed, but not surprised. Remember, it was at this point in Barack Obama's presidency that Senator Mitch McConnell made clear that obstruction in order to hopefully deny Obama a second term was the actual goal of congressional Republicans. It didn't work for them, but here they are, looking for all the world like they have the same obstructionist strategy. 

The bill is expected to reduce the deficit and moderately curb inflation. To hear Republicans tell it, you would think inflation (a global phenomenon brought on by digging out of the COVID-19 recession and supply chain issues) was a purely local phenomenon and all Joe Biden's fault. You think if they wanted to demonstrate the genius of fiscal conservatism, they would offer suggestions?

Uh, no. They are just going to complain. This is why I am fed up with people who blow smoke about bipartisanship and unity and so on. Instead of being a part of the solution by passing meaningful legislation, they seem happy to gesture in the direction of progress and say "See, I tried to black that. You're welcome."

Not one Republican voted for this bill. As far as I'm concerned, not one Republican should stay in office.


Monday, April 4, 2022

The Eternal Question: Lying or Stupid?

 

See, I want to believe that every adult American person alive in 2011 remembers that President Obama announced that there was a successful mission to kill or capture Osama Bin Laden. It would be really difficult for me to believe that Rep. McClain is anaware of this. It could be that she was thinking about Abu Bakr al-Baghdadi, who she mentions an entire breath later, but whose name she couldn't come up with right away--but it's still inexcusable. It's also possible she entirely meant "inflation", not "unemployment", when she declared that unemployment was at a 40 year high (when it is actually at a 50 year low). 

But it's the old eternal question isn't it? Lying or Stupid. If it's a lie, it's terrible, and if it's sheer stupidity--yes that is also news. Why would we be ok with elected figures who are just dumb as hell about what are basically current events? And yet it seems like people accept a certain degree of lying from Republicans and are almost embarrassed to call them out as stupid.

I've mentioned just recently the problem we have with taking polls for how people feel about facts (they don't always agree with'em!) when some people are just contrarian or hopelessly misinformed. What does a poll mean when it shows that a high number of people are out of touch with actual facts? Like, for example--who won the 2020 presidential election? A good portion of the media doesn't see the problem of, say, people not understanding that Biden has been responsible for a jobs boom as a media problem, but as a "Democrats in disarray" problem.

Anyway--if Democrats are responsible for cleaning up the information mess, it's important to challenge the outright lying, and not making excuses for the stupidity of dissembling Republicans. I don't assume even GOP "mistakes" are honest. So rip them on the apparent lying, and make them look stupid back-pedaling. 


TWGB: It's Raining Shoes!

  It certainly has been a minute, hasn't it? So, what brings me out of self-imposed blogging exile, if not something very relevant to my...