Posts Tagged ‘supply chain crisis’

Democrats’ inflation attacks ordinary Americans as Washington insiders are unaffected

Posted: October 16, 2022 by John Ruberry in business, economy, elections, News/opinion, opinion/news, politics, trade
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By John Ruberry

Every time Americans shop at a supermarket, they are reminded of a de facto tax on their spending power–inflation. The classic definition of inflation is too many dollars chasing too few goods, which, President Joe Biden and his apologists, jumped on last year when they deemed inflation as “transitory,” pointing at the supply-chain crisis and the backlog of freighters at America’s major seaports. Left out of Biden and Company’s explanation was his $1.9 trillion stimulus package, which the president signed into law in early 2021, when the economy was clearly already recovering from the COVID lockdown.

But the supply-chain crisis was in fact a couple-months long hiccup. After all, if the supply-chain crisis was such a concern, why did we only find out after the media began asking questions on the whereabouts of the person in charge of our ports, secretary of Transportation Pete Buttigieg? Only then was it revealed that Buttigieg was on paternity leave. 

The semiconductor chip shortage has driven up the price of new automobiles. The lack of chips is tied to the worldwide COVID lockdown. I’ll discuss cars in a bit. 

Over the past 12 months, according to the September figures from the Bureau of Labor Statistics, inflation soared, again, to a level not seen in four decades, at a rate of 8.2 percent. Despite what appears to be, for real, a transitory drop in gasoline prices. But fuel prices are dramatically higher than when Donald Trump was president because of the Biden administration’s anti-fossil fuel polices. Food and housing prices are way up. Agriculture is a major user of energy, and many fertilizers are derived from fossil fuels. And those increasingly expensive loaves of bread you see on the shelves of your local supermarket don’t arrive there by way of osmosis, nor by electric trucks.

But don’t worry, Biden recently signed the Inflation Reduction Act into law. Insert The Simpsons’ Nelson Muntz “haw-haw” here.

The new car shortage has led to a used car shortage. All vehicles are more expensive. To fight inflation, the Federal Reserve, continues to hike its key interest rate, which drives up all lending. Most people don’t pay cash for cars, they finance. 

Then there is housing. Maria Bartiromo, on Fox and Friends this morning, laid the truth on the line when she said, “People who are going to buy a home are realizing that their mortgage payment now going to be going to be hundreds and hundreds of dollars more than they thought every month.”

Okay, no big deal, you might say, “I can always rent a place to live.” But rents are up too.

Now, if you are a Beltway insider, then you need not worry. Washington is recession proof. And the capital’s response, particularly when Democrats are in charge, is always more government. If you are a DC insider, you are well paid. You’re not sweating about food prices going up and you can afford an electric vehicle and the expense of installing a car charger in your garage.

The only known cure for high inflation is a recession. Despite Democrats’ creative denials, we are in one already.

Expect our economy to get even worse.  

But to paraphrase Ronald Reagan, “Recession is when your neighbor loses his job. Depression is when you lose yours. And recovery is when Joe Biden loses his.”

John Ruberry regularly blogs at Marathon Pundit.

America’s worst year since 1864

Posted: December 26, 2021 by John Ruberry in crime
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Blogger this year at the Chickamauga battlefield

By John Ruberry

With Christmas past us it’s time to look back at the current year, 2021. And with a less than a week left we can say that 2021 was America’s worst year since 1864.

Why was 1864 so bad? While there were significant military successes for the Northern armies fighting to keep the United States together–Atlanta and Savannah were captured and General Robert E. Lee’s Army of Northern Virginia was locked into siege warfare in Virginia–and a potential political victory of the Confederacy was averted by Abraham Lincoln’s reelection, Americans were still killing each other by the thousands. The following year was an improvement, despite Lincoln’s assassination. The Civil War ended in the spring of 1865 and the 13th Amendment, abolishing slavery, was ratified. 

As for 2021, it got off to a wretched start when hostiles, American ones, stormed the US Capitol in a riot. We have to go back to another horrible year for America, 1814, when the British Army seized the Capitol, for the only other time that happened. The hooligans who entered the Senate and House chambers on January 6 were not participating in an insurrection, despite claims made to this day by CNN and MSNBC. Sure, the rioters wanted to keep Donald J. Trump in power, but they had no plans for a coup, such as imprisoning Joe Biden, taking control of the military, and dissolving Congress.

Bad people? Yes. Nutty? That too. And sorry leftists, President Trump did not call for an insurrection.

And what about the people who were supposed to protect the Capitol, such as the Capitol Hill Police and the who they report to? You know, Congress, which is run by House Speaker Nancy Pelosi. They failed America.

In the fraught election of 2020, a feeble old man, Joe Biden, was elected president. “Lunch Bucket Joe from Scranton” was chosen as the Democratic nominee because he was viewed by many as the “safe” alternative to Trump, and not a radical like Bernie Sanders. Biden’s “good years,” assuming he ever had them, are well in the past. Biden, and the people who control him, such as Ron Klain or Susan Rice, went full-blown leftist on Inauguration Day. Economically, the result is the highest level of inflation in decades. These price increases, once dismissed by the Biden White House as “transitory,” will likely continue indefinitely, serving as a hidden tax for all Americans.

While not quite energy independent as Trump claimed, our nation was headed into that direction under his leadership. Shortly after his inauguration Biden suspended new drilling and fracking on federal lands. It has since been reversed in court, but the White House maintains a malevolent attitude towards the world’s most reliable form of energy, fossil fuels. Gasoline costs over $1 more per gallon since Biden became president. Biden also cancelled the construction of the Keystone XL pipeline, essentially firing thousands of union workers.

An effective commander-in-chief, such as Dwight D. Eisenhower, does his job so well it appears that he is doing nothing at all. While Trump certainly doesn’t have Ike’s soft touch, I’m of the belief that Trump would have seen the possibility of a supply chain crisis coming and would have taken steps to ensure we would not have seen the bottleneck of cargo ships outside America’s largest harbors. 

Meanwhile in the Biden administration the cabinet officer in charge of our supply chain, Transportation secretary Pete Buttigieg, went on an unannounced two-month paternity leave just as the shipping crisis began. Rather than resigning for failure or dereliction of duty, Buttigieg’s is being hawked by some Democrats as a possible 2024 Democratic presidential candidate should Biden choose not to run for reelection. While family is of course important, liberals often claim that public service is the highest calling. Buttigieg could have simply quit as Transporation secretary. Or not taken the job at all.

While not something that the federal government is directly in charge of, violent crime plagued America’s largest cities this year–and all of those cities are run by Democrats. A dozen cities endured record murder totals. Some jurisdictions, such as San Francisco, Philadelphia, Los Angeles County, Milwaukee County, and Cook County (Chicago), are burdened with woke prosecutors engaging in catch-and-release policies regarding criminals.

Biden was elected last November because more voters saw him as more capable to fight the COVID-19 epidemic than Trump. But wait, what’s this? There were more COVID deaths in the United States in 2021 than in 2020, despite the availability of vaccines. And lockdown and mask mandates are ramping up again with the new omicron variant, which so far has killed one American. That number will surely climb but I have a strong suspicion that omicron will not be killing 15,000 Americans a week as soon as next month, which is what the politicized CDC is predicting. 

In order to prove Trump wrong, Biden has proved him right in regard to enforcing the law at our southern border. In late October the Washington Post reported that a record 1.7 million people arrested while trying to cross that border. In addition to illegal aliens, it’s believed that large amounts of fentanyl have been smuggled across the border in 2021.

As Biden as Biden is, his vice president is even worse, the inept cackler, Kamala Harris.

I’ve saved the worst for last. America suffered a humiliating military defeat in Afghanistan. Biden vowed that our departure from Afghanistan would look nothing like our bugging-out from South Vietnam in 1975. He was right, it was worse. As with the border crisis, the Biden White House blamed Trump for the debacle. While Trump did enter an agreement to pull our troops out of Afghanistan this year, it was not a treaty. We could have back out. Trump says, and I believe him, that he never would have made our country look so feeble, yes, feeble like Biden physically and mentally is, if we had departed Afghanistan under his watch.

When the next international crisis comes, our allies will have understandable doubts about American resolve. 

John Ruberry regularly blogs at Marathon Pundit.