Kapala Harris is trying her hardest to avoid coming out and admitting there is a cost of living problems. She attempted to gloss over the situation last Friday when she gave us an “economic plan” guide in stick-figure form. No recommendations for how to handle the problems. That might have revealed how unfavorably she was to blame for the issue.  ,
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Instead, she sincerely told us that shopping were so high because of “price cutting” by major corporations. She ca n’t prove it. But it’s easy to show her bad.
Pricing paid by companies ( as measured by the producer price index ) have risen 19.4 cent under the Biden-Harris management. That is exactly the same price increase that consumers have paid over this time ( as measured by the consumer price index ) ). In other words, prices has had an impact on the entire supply chain, from producers to consumers.  ,
If producers or retailers had been price gouging, that is, raising prices more than inflation would include allowed, consumers may have experienced higher inflation rates than producers. It did no.  ,
Misdirection is a clever way to try to evade being held accountable for higher rates. Ordinarily, tricks do n’t work in politics because they’re relatively easy to identify and expose.
But this vote is unique, and games by Democrats may work just fine. Kapala Harris will not be held accountable for her role in causing the American people to see their costs rise by 19 % in less than four years. It would ruin the” joy”.
The$ 1.9 trillion” American Rescue Plan” and the absurdly named$ 1 trillion” Inflation Reduction Act” cannot be avoided by Harris. Every Republican in the Senate and House voted against both costs. Additionally, both bills in the Senate were passed when Vice President Harris cast the decisive vote to split a stalemate.  ,
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She touted both charges in speeches and praised” Bidenomics” to the stars. As prices kept climbing, Harris and Biden assured us that the cost of living crisis was merely “temporary”.
The Federal Reserve is still unable to meet its 2.3 % annual inflation target despite the highest interest rates since the 1980s. That’s because the saving by Biden-Harris has yet to trim off. When all the calculating is complete, the federal budget deficit for the 2024 fiscal time that ends on September 30 will be at least$ 1.9 trillion and could best$ 2 trillion.
The Fed will try to lower interest rates by a fourth of a percent in September and possibly by a half-percent more before the year’s end. There is no telling what consumers and businesses will get at the bottom if the percentage drops from 6.3 %.
The Biden-Harris management also oversaw other calamities, such as interest charges and government spending. The administration’s biggest crime may be the number of restrictions and the economic burden they place on every business in America.
By the end of their current term in office, the Biden-Harris administration will have increased regulatory costs per household by almost$ 50, 000 ( net present value ) according to a study released just last month. This coincides with an annual charge of$ 6, 300 per house for 10 years.  ,
Because this regulatory burden is not included in inflation statistics, it also adds up to the 19.4 percent of consumer prices that the Biden-Harris leadership has caused.  ,
Bottom line: Biden-Harris ‘ economic policies contributed to the crippling inflation that has plagued us for the past three and a half years. The accusations of price cutting are a false try to deflect blame from what ought to have been the obvious consequences of those actions.
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Nobody at the DNC will ever accept responsibility for the cost of living problems. There wo n’t be much coverage of the major media’s claims that Biden’s risky spending will cause historic inflation, whether or not they are read or heard by Republicans or Democrats.
” I told ya so” does n’t win elections. If Donald Trump and the Republicans may remind voters who is truly to blame for the high cost of all, Harris may reduce the president.
