Jim Bratten
In President Trump’s Inaugural Address of January 20, 2017 he declared that he would end the “American carnage” created by eight years under the Obama Regime. After struggling for four years against nearly insurmountable odds, Trump accomplished an astounding “carnage cleanup.”
Enter alleged president Joe Biden, ushered into office by a weak, cowardly Republican Party leadership whose job had been to slow, if not stop, Trump. Now Biden and his army of Obaminions have supercharged the carnage machine in a mere eight months, bringing disaster on several fronts and sowing national chaos.
Biden has brought Trump’s record-setting economic achievements to an abrupt halt. Numbers that had been seriously wounded during the 2020 government-induced “pandemic” economic disaster and were recovering at the close of 2020 are now back to the dismal reality of 2008.
The rate of inflation is usually based on the Consumer Price Index (CPI), which tracks changes in consumer goods and services. The higher the CPI, the higher inflation. Here’s a sample of several months, under Trump’s economic policies and under Biden’s, reflecting inflation:
September 2020 1.4%
November 2020 1.2%
January 2021 1.4%
April 2021 4.2%
July 2021 5.4%
August 2021 5.3%
Trump left in January. Under Biden, July 2021 was the highest inflation rate in the U.S. since 2008—a 13 year high.
PPI (Production Price Index) is an indicator of what it costs to produce a product. It is used as another indicator of inflation. As this index rises, products become more expensive to buy. To gauge the danger of inflation, look at what has happened to the PPI since September 2020, when it was up 0.3%, and every two months after: November 2020, up 0.8%; January 2021, up 1.6%; March 2021, up 4.2%; May 2021, up 6.6%; and July 2021, up 7.8%.
Look at the cost of these commodities: Natural gas up 78% over 2020; coal up 98% over 2020; crude oil up 93%; coffee up 78%; and wheat up 52%. When the Biden Regime arrived in late January, 2021 they radically reversed Trump’s economic policies. Biden’s Federal Reserve floods the market with cash to pay for explosive federal spending, driving down the value of the dollar. A bloated money supply raises inflation, as wages fall and the “cost of living” (CPI) increases. Investments pour into asset havens that are considered “protection.”
Ten million jobs remain unfilled in the private sector because of direct payments to individuals and families by the federal government. The Biden Regime uses a virus politically, paying employees to stay home in fear and trembling while their employers are put out of business by harsh mandates.
The August 2021 Jobs Report was as anemic as those of earlier months under the Biden Regime. Predicted to be 728,000, jobs actually added were 235,000. The Biden economic plan is working. Newt Gingrich said that Joe Biden is “dazed and confused.” Was that before or after he saw these numbers, and does he really care?
Besides the economic disaster there’s the open border sovereignty destruction, a government-run political pandemic creating fear and division, a “defund the police” ruse to destroy the rule of law, the assassination of election integrity, the Pelosi January 6 “insurrection” hoax, and Afghanistan.
One may call it insanity, but in the transformation plan of Democrat-Marxists, laid down since Obama, it all makes sense.
Hoosier Patriots, Inc. is an educational and organizational non-profit for restoration, preservation and defense of the Constitution. We provide conservative commentary on public policy and government action across a variety of issues concerning the well-being of the republic. For more information go to www.vc-tpp.org or subscribe to the newsletter at hpnw.jimb@gmail.com.
