{"id":2118386,"date":"2023-12-07T07:23:02","date_gmt":"2023-12-07T12:23:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/yes-inflation-is-sort-of-your-fault\/"},"modified":"2023-12-07T07:31:16","modified_gmt":"2023-12-07T12:31:16","slug":"yes-inflation-is-sort-of-your-fault","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/yes-inflation-is-sort-of-your-fault\/","title":{"rendered":"Inflation: Partially Your Fault"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">8<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fyes-inflation-is-sort-of-your-fault%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2118386&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"article-content\">\n<h2>&#8220;Inflation Is Your Fault&#8221; &#8211; Exploring the Paradox of High Prices<\/h2>\n<blockquote>\n<p>&#8220;If people are so mad about\u200c high prices, why do they keep\u200b buying so many \u2064expensive things?&#8221; wonders Annie Lowrey in an Atlantic piece.<\/p>\n<\/blockquote>\n<p>Well, \u2062I assume demand\u200d remains high because individuals work and save to \u2064purchase things they need\u200b and like \u200cfor themselves and their families \u2014 even when they\u2019re mad about the price. We\u2019re not automatons, after all.<\/p>\n<div class=\"fdrlst__b89e9-paragraph-2-long d-flex justify-content-center\" style=\"margin-left: auto; margin-right: auto; text-align: center; \" id=\"fdrlst__b89e9-545543614\">\n<div id=\"div-gpt-ad-1379703300879-0\" class=\"mb-30\"><\/div>\n<\/div>\n<div class=\"fdrlst__b89e9-420404bad03f847abddbe7b9981baff1 fdrlst__b89e9-paragraph-2\" id=\"fdrlst__b89e9-420404bad03f847abddbe7b9981baff1\"><\/div>\n<p>Indeed, we \u200dshould be \u200dhappy\u2062 that consumers continue to buy &#8220;so \u200dmany \u2063expensive things.&#8221; Because imagine what a collective national \u200deffort to purposely <em>buy less stuff<\/em> looks like.\u2062 Such\u2062 an effort would cost millions of jobs \u2014 many of them tied \u200bto the holiday spending. \u2064If we suddenly stopped buying, Democrats wouldn\u2019t \u2064be able to\u2062 go on about the allegedly strong employment market, which has yet to recover the pre-pandemic <a href=\"https:\/\/www.bls.gov\/charts\/employment-situation\/civilian-labor-force-participation-rate.htm\" target=\"_blank\" rel=\"noreferrer noopener\">labor participation rate<\/a>.<\/p>\n<p>But, yes,\u200d we are\u200b to blame for inflation, for a different reason.<\/p>\n<p>&#8220;Three years \u200cago,&#8221; Lowrey writes, &#8220;the pandemic gnarled supply chains around the world, leading to shortages of many \u2063consumer goods.&#8221;<\/p>\n<p>No, <em>governments<\/em> gnarled supply chains\u200b around the world by panicking and shutting\u2064 down economic \u2063activity, \u2063leading to shortages of consumer goods while doing virtually nothing to\u2064 curtail the spread of Covid. Both Republicans and Democrats participated. In numerous cases, perhaps most, these unilateral state interventions were unprecedented <a href=\"https:\/\/www.nationalreview.com\/2020\/04\/coronavirus-authoritarianism-is-getting-out-of-hand\/\" target=\"_blank\" rel=\"noreferrer noopener\">authoritarian<\/a> attacks on \u200cpeople\u2019s livelihoods and liberties.<\/p>\n<div class=\"fdrlst__b89e9-9f53fb77b7ae4ba148c2e68e2ce89b70 fdrlst__b89e9-paragraph-6\" id=\"fdrlst__b89e9-9f53fb77b7ae4ba148c2e68e2ce89b70\"><\/div>\n<p>Then the government started indiscriminately mailing out \u200ddebt-backed checks to individuals. Since, \u200bin large part, the state had created\u2063 the crisis, it made some sense\u2064 that the state\u2064 should help those struggling to stay afloat. But rather than sending\u200b taxpayer dollars to affected\u200d industries to save individual jobs \u2014 and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/american-booksellers-association-implements-new-oversight-to-prevent-accidentally-promoting-authors-like-candace-owens\/\" title=\"American Booksellers Association Implements New \u2018Oversight\u2019 To Prevent Accidentally Promoting Authors Like Candace Owens\">health insurance coverage<\/a> and pensions \u2014 government sent checks to those who had lost their jobs and those who hadn\u2019t.<\/p>\n<p>Then, as the economy began to open, Democrats, with\u2062 the help of some Republicans, began to push more Keynesian &#8220;stimulus&#8221; policies,\u2062 spending on programs we didn\u2019t need with money\u200d we didn\u2019t have. Voters love free money. And stupid ideas never die.<\/p>\n<p>At the same time, Joe Biden signed a <a href=\"https:\/\/www.cnbc.com\/2021\/01\/27\/biden-suspends-oil-and-gas-drilling-in-series-of.html\" target=\"_blank\" rel=\"noreferrer noopener\">slew<\/a> of executive actions undermining \u200bdomestic production of energy to save the planet from \u2063an imaginary threat. The market reacted to this reality \u2064\u2014 the \u2063coming regulations, \u2063not the coming climate \u2014 and energy prices began to rise.<\/p>\n<p>Then responsible\u2063 economists began \u2063warning that throwing trillions more into a hot economy would exacerbate existing inflationary \u200bpressure. Democrats dismissed them. You remember how inflation was just\u200d &#8220;<a href=\"https:\/\/www.foxbusiness.com\/politics\/biden-admin-called-inflation-transitory-us-13-straight-months-of-soaring-costs\" target=\"_blank\" rel=\"noreferrer noopener\">transitory<\/a>&#8220;? Biden <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/speeches-remarks\/2021\/07\/19\/remarks-by-president-biden-on-the-economy-3\/\" target=\"_blank\" rel=\"noreferrer noopener\">told<\/a> Americans that &#8220;no serious economist&#8221; was &#8220;suggesting \u2064there\u2019s unchecked inflation on the\u200d way.&#8221;<\/p>\n<div class=\"fdrlst__b89e9-8218b16da9acaf90172e672e39646251 fdrlst__b89e9-paragraph-10\" id=\"fdrlst__b89e9-8218b16da9acaf90172e672e39646251\"><\/div>\n<p>Democrats and media engaged in \u2063a \u200dconcerted political effort to \u2062deflect the problem\u2064 long enough to cram through a\u200d massive progressive agenda using\u200b reconciliation \u2014 which is to say, without any national consensus or debate. Rising \u200cprices \u2062were just a &#8220;<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-chief-of-staff-agrees-inflation-a-high-class-problem\/\" title=\"Biden\u2019s Chief Of Staff Agrees: Inflation A \u2018High-Class Problem\u2019\">high-class problem<\/a>,&#8221; Biden\u2019s chief of staff Ron Klain <a href=\"https:\/\/nypost.com\/2021\/10\/14\/ronald-klain-retweets-post-calling-supply-chain-crisis-high-class-issue\/\" target=\"_blank\" rel=\"noreferrer noopener\">explained<\/a>.<\/p>\n<p>When inflation became nontransitory and politically problematic, the Biden administration argued that the prescription was even <em>more\u200c <\/em>cowbell. Democrats renamed their\u2063 corporate welfare, price-fixing,\u2062 tax-hike &#8220;Build Back Better&#8221; bill the &#8220;Inflation Reduction Act&#8221; and went back to work. The president told us that project &#8220;<a href=\"https:\/\/nypost.com\/2021\/09\/27\/joe-biden-slammed-for-build-back-better-price-claim-lie\/\" target=\"_blank\" rel=\"noreferrer noopener\">costs zero<\/a> dollars.&#8221; It passed. \u2062Democrats continued winning races.<\/p>\n<p>Finally, when unchecked inflation could no longer \u200cbe ignored, Democrats revved up the Marxist class-war conspiracies about &#8220;price gouging&#8221; and\u200b &#8220;corporate\u200b greed.&#8221; \u2063Now, I guess, we\u2019re also blaming selfish \u200bAmerican\u200d consumers who undermine the country\u2019s future by buying a \u200dnew car.<\/p>\n<p>Debt, \u2062spending, and inflation are all\u200b the \u2063culmination of long-term irresponsible \u2063behavior,\u200c compounded by \u2062many\u200c administrations \u200dand \u200bCongresses. If voters keep putting the same\u2063 people into office \u2014 the ones who botched\u200c budgets, and Covid, and recoveries, and \u2063pretty much everything else \u2014 then yes, you\u2019re also\u2062 at fault.<\/p>\n<hr class=\"wp-block-separator\">\n<\/div>\n<p> <\/p>\n<h2> What impact did the \u200cgovernment&#8217;s decision to shut \u2063down economic activity in \u200cresponse to the pandemic have on the current state of high prices and inflation?<\/h2>\n<p><span>  =&#8221;_blank&#8221; rel=&#8221;noreferrer noopener&#8221;>repeatedly<\/a> assured the public that inflation was temporary and would soon subside.<\/p>\n<p>But here we are, facing soaring prices and continued inflation. And\u200c who is to blame?<\/p>\n<p>The answer is simple: the government and its misguided policies. The actions \u200ctaken by governments, both in response to the pandemic and in pursuit\u2064 of their own political agendas, have\u2063 contributed to the current\u2063 state of high prices and inflation.<\/p>\n<p>First, the government&#8217;s decision to shut down economic activity in the wake of the pandemic disrupted \u2062global supply chains and led to\u200c shortages of\u2063 consumer goods. Instead of adopting targeted measures \u2063to\u2063 protect public health \u200dwhile keeping the economy\u200c running, governments \u200dresorted to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-york-blm-leader-promises-national-uprising-over-racist-vaccine-mandates-similar\/\" title=\"New York BLM Leader Promises National \u2018Uprising\u2019 Over \u2018Racist\u2019 Vaccine Mandates Similar\">heavy-handed restrictions<\/a> that crippled businesses and disrupted production.<\/p>\n<p>Second, the indiscriminate\u2063 mailing of debt-backed checks to individuals further exacerbated the problem. Rather than providing\u200d financial \u2064assistance \u2062to the industries and workers most affected \u200dby the crisis, the government opted for a one-size-fits-all approach that distributed money to\u200d both those \u200cwho had lost their jobs and those who hadn&#8217;t. This excessive spending only\u200d <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-admits-prices-are-too-high-for-too-many-things-but-points-the-blame-away-from-himself\/\" title=\"Biden acknowledges high prices, shifts blame elsewhere\">fueled inflationary pressures<\/a>.<\/p>\n<p>Third,\u200b the government&#8217;s push for Keynesian stimulus policies and unnecessary spending\u2063 worsened\u2063 the \u200dsituation. By injecting trillions of dollars into an already overheated economy, Democrats and some Republicans ignored the warnings of responsible economists and disregarded the \u200bpotential consequences of such excessive spending.<\/p>\n<p>Lastly, President Joe Biden&#8217;s\u200d executive\u200b actions targeting the domestic production \u2062of \u200benergy\u2062 have\u2064 contributed to rising energy prices. \u200bThe market responded to these regulations, \u200bwhich prioritize\u2064 environmental concerns over economic stability, and energy costs have\u200d skyrocketed \u2063as a result.<\/p>\n<p>In summary, the paradox of high\u200d prices is not due to individuals willingly buying expensive things. It is a consequence of government actions that <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gas-prices-break-record-but-diesel-prices-will-greatly-affect-all-americans-and-the-world\/\" title=\"Gas Prices Break Record, but Diesel Prices Will Greatly Affect All Americans \u2013 And the World\">disrupted supply chains<\/a>, distributed funds haphazardly, implemented misguided stimulus policies, and hindered domestic \u200denergy production. The blame for inflation lies squarely with the government and its failure to implement effective and targeted measures to protect both the economy and the well-being of its citizens.<\/p>\n<p>As consumers, we may be frustrated\u2062 by high prices,\u200d but it is crucial to \u2063recognize the root causes of inflation. Holding the \u2064government accountable for their actions and \u200cadvocating for \u2062sound economic policies \u2063should be our focus as we navigate these\u200c challenging \u2064times.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Annie Lowrey ponders in her Atlantic article titled &#8220;Inflation Is Your Fault,&#8221; why people continue to purchase expensive items despite being upset about high prices. It is likely that the demand remains strong as individuals work hard and save to buy necessary and desired things for themselves and their families<\/p>\n","protected":false},"author":831,"featured_media":2118387,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[546],"tags":[],"class_list":["post-2118386","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-federalist"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2118386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/831"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2118386"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2118386\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2118387"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2118386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2118386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2118386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}