Editor,
I’d like to take exception to one contributor’s take on the “Democrat’s historic inflation.” His selective, oversimplification of what is a complex global problem that has many world economies struggling to extricate themselves from a disastrous pandemic, wars and drought, is short on details while still being convenient to his political affiliation.
If only Donald Trump had shared his early knowledge of the serious dangers of this virus with the public, as he did with Bob Woodward, we could have had a head start in the battle and maybe less demand on newspaper obituary pages. I know, some of us forgot that interview. Anyway, that’s just “corpses under the bridge,” that was then, this is now.
Granted, a lot of spending is going on and it can certainly contribute to inflation. Not only that, the Dems couldn’t even find a couple trillion dollars in tax breaks for multimillionaires and billionaires to afford them financial security. I think it goes, “the true measure of any society can be found in how it treats its mega-wealthy,” or something like that. Still, no one likes inflation, expensive housing, utilities, groceries or $6 or $5 or $4 gasoline or whatever it is today.
The contributor has given us a mandate, to vote the Democrats out of office before “we go bankrupt.” Fortunately, for many, it’s less about the economy and more about that “fascism, insurrection, treason thing.” You could say, some value the preservation of our democracy over the thickness of their wallets.
Cory David
South San Francisco
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(2) comments
Mr. David, you appear to have missed out on reading comments on other letters which explain, in more detail, the causes of Biden-flation. As can be inferred, the causes of the highest inflation in 40 years are applicable to political affiliation. How about the newly reported $3 billion more in aid being sent to the lost cause known as Ukraine, to add to the over $10 billion in aid already sent there? Besides, it appears previous folks handled the “complex” global problem known as inflation. Why can’t Biden? Simply, Biden’s America Last policies. More complex, Biden’s America Last policies. BTW, there are many, many more worried more about the economy than the manufactured “insurrection” debacle and the shenanigans of the kangaroo court known as the Unselect Committee.
It's very simple. Excessive government spending has been responsible for every recession because it leads to speculative buying of stocks and real estate. It is a shell game where what the government gives for "free" it takes back in the form of inflation that reduces everyones purchasing power.
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