Posts Tagged ‘Red Wave’

Why Inflation Didn’t Matter Enough In Midterms

Sunday, November 13th, 2022

Most of us who look around at the economic conditions in the country woke up scratching our heads at the outcome of the election.  Under these economic conditions, how could voters fail to reject the party that has created the catastrophe of inflation, skyrocketing energy prices, and mounting food prices?  This question seems vexing at first, but it’s really not so difficult to understand.  Democrats are professionals at stealing elections, but they’re also professionals when it comes to setting a legislative agenda that will later backstop their political aims.  Democrats knew what they were going to do, as far back as the beginning of the pandemic, and what they’ve been doing since was designed to carry it into effect.  They’re diabolical, and with respect to inflation, they knew full well what they were going to do.  Inflation didn’t matter in this election to their voters.  Why?  The reason your red wave became a trickle is because Democrat’s constituencies scarcely feel it, at least to the scale working Americans have been feeling it.  Democrats undertook a plan to drive inflation while insulating the bulk of their own voters from it.

Borrowing new money into existence is how one goes about making inflation.  As Milton Friedman taught us, systemic “inflation is always and everywhere a monetary phenomenon.”  If one wants to create inflation, one need only increase the money supply without a corresponding increase to the value of the whole system.  Democrats knew this.  They printed more money into existence in the period of the so-called “pandemic” than any other period in our history. To add to this, what they did was focus the end-point for much of this cash into the pockets of their voters.  Starting in the Fall of 2020, they increased payments in programs such as SNAP(our modernized food-stamps program) by percentages in no way justified by market conditions at the time. A twenty-five percent increase in SNAP before the onset of significant inflation helped create that inflation, but more than this, what it did was to indemnify Democrats’ key demographics against the policies that Blue States and the Democrat Congress were imposing on the rest of us.

To get a red wave, in this environment of constant Democrat chicanery, you cannot possibly win when all of their key constituencies are being made whole by COLA increases and so on.  Democrats rely on the dependent folks to swell to the polls in election after election, and they’re quick to remind them who got them the loot. Think of it. We know that roughly half of Americans get a government check directly.  Still more are on the government teat somewhat indirectly.  The entire education establishment from college to kindergarten is heavily latched-onto the government teat. This isn’t rocket science.  If you want to know why Democrats could manage to win in this catastrophic economic condition, you need only realize that to a large degree, their voters aren’t feeling it.

Do you see it now?

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