Danger looms for our economy and it’s all a game

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It’s becoming clearer, overwhelmingly clear, that Democrats have a plan. They made it more lucrative for people to stay home as opposed to working. They know why people aren’t returning to work and yet they won’t change a thing.

What could the plan be? To raise the minimum wage or establish a universal basic income?

Democrats are destroying small businesses that can’t afford to pay more or will have to raise prices. Either way, there will be a lot of damage done.

This is as the administration spends outrageously. At the same time, the administration is planning killer taxes.

The administration is deliberately damaging the energy sector and gasoline taxes are rising. They want us out of our cars and they are willing to hurt the economy to make it happen.

Prices of food and other consumer goods are tied to fuel.

As costs go up and wages stay flat or go down, inflation will hit. The consumers are the ones whose pay is not going up. They are the middle class. So costs go up and wages of the purchasers do not. That means they have less take-home pay.

Inflation causes interest rates to go up and our debt will become unsustainable. That’s when the government raises taxes on everyone.

It will be very painful.

The game they are playing may well backfire.


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MichMike
MichMike
4 years ago

Totalitarian regimes cannot exist with a middle class. They must be destroyed.

Francis W. Porretto
4 years ago

The attack on small businesses is the big giveaway. Small businesses are the engines of American growth. But beyond that, a few thousand BIG corporations can far more easily be controlled than millions of small businesses — and those BIG corporations can then be roped into becoming “delegated enforcers” for the government’s social agenda.

Love Songs of Italy by V A
Love Songs of Italy by V A
4 years ago

Apartment living and Dollar Tree CCP-Mart for all groceries.
A solar powered comrade’s hovel with a hamster wheel to power up a small appliance and a Big Brother telescreen with agitprop going 24-7.
Welcome to Costco…I love you, buy more now, be happy, motoring on.

GuvGeek
GuvGeek
4 years ago

Democrats are pursuing equity by making all Americans equally poor, except for those who are elevated to Democrat Nobility. The FDR and LBJ Great Society plans were nothing less than a Great Failure. So instead of bringing the 10% up they will make the 89% as poor as the 10% while the 1% of Nobility live the good life on the backs of the 99%. This is the New World Order Oligarchy’s plan for the World. Hold on tight because the next 3 years will be out of control Stagflation and that is only if Conservatives get control of the House and Senate. Without Conservative Control of both Houses and Trump in the White House in 2025, the Stagflation will last for decades or the Dollar will collapse. Consider investing in Gold, Silver, and Lead; If the Dollar collapses you will need lots of Lead!