inflation | Tioga Herald

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Posts tagged ‘inflation’

It’s Not Just Inflation, Stupid

In 1992, James Carville said, “it’s the economy, stupid.”

Today, we are listening to a media which keeps pushing this statement, using it against Democrats and President Joe Biden. Wrong, stupid media.

The cover story of a recent Economist magazine is as follows: “It’s not just inflation.” One cannot say, “it’s the economy.”

Facts.

1992 Unemployment: 7/4%; GDP: 3.5%; Inflation: 2.8%; Event: NAFTA drafted

2021 Unemployment: 3.9%; GDP: 5.7% ; Inflation: 7.0% Event: COVID-19 pandemic and recovery

1992 and President George H.W. Bush was in control. It was an election year, but Bill Clinton did not take power until Jan. 1993. Sadly, the Democrats joined with the Republicans in implementing NAFTA. Unemployment was already bad in

1992. NAFTA did not help the situation, but the fallout from NAFTA did not happen for years, as Bill Clinton reduced unemployment during his tenure as president. In those years following 1992, GDP and inflation fluctuated, but unemployment was reduced. By the time Bill Clinton turned the government over to George W. Bush, the Federal budget was a balanced one, due to the tax credits given to the MIDDLE CLASS, not so much the UPPER CLASS with its people who refuse to pay taxes (as today).

During the period under Democrat Bill Clinton, for the first time in years and two Republican administrations, the interest rate came down to single-digit percentages. I know. I purchased a home in 1988, under Republicans. Double-digit rates. I purchased a home in 1996 under Clinton. Single-digit rates. Facts from my personal experiences.

I suggest the media and many others read The Economist. In this way, they will stop yelling,, “inflation is the end-all description of all our problems and therefore, Biden and the Democrats are at fault.” I suggest, by reading this Economist article, the media will stop being lainbrains in their coverage of the political situation in America. They will begin to say, the economy is following a period of recovery as we attempt to overcome a pandemic. That, compared to 1992, unemployment is down and the GDP is up. Two basic parts of the economy (plus others), are decent, while inflation is the bad thing. But then, how is the problem of inflation solved? One means of doing so is to raise interest rates, something the president of the USA has very little DIRECT control (indirect? yes).

But by making the other two parts of this economy equation going more smoothly today and not pushing overseas business over American (as Republican Bush wished to do by throwing the American auto industry under the Japanese bus, plus NAFTA). n contrast, today, President Biden and the Democrats wish to encourage development of American business v. those in Asia, with his infrastructure bill (perhaps to help avert war with an Asian nation, too?).

The media is failing to present these ideas and to shut up the signs with “Biden sucks,” and so forth. What lainbrained stupidity and the fault of the media for allowing it. Again. The media should begin to read The Economist more frequently.

It’s not just inflation, stupid.

Category:

Commentary, Economics, Regulated Capitalism, Commerce

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Groupthink & Media

My commentary, not op-ed, to PBS Washington Week producers.

I am trying to understand why there seems to be such a strong “undercurrent” within the people whom I communicate. After watching PBS Washington Week and considering the money I see donated to PBS and NPR by big oil tycoons, the Koch brothers, I am now beginning to understand.

The PBS programs appear to be in the gutter, avoiding good investigative journalism and relying on analysis of political ideas and the ideas of those who don’t support the fascist, John Birch, KKK agenda in America today. You don’t discuss this fascist agenda, perhaps because money comes to PBS from fascists like the Koch brothers and big oil?

Gasoline prices. They are actually lower, figuring for inflation over a long period of time, and in comparison to the inflation aspect of consumer earnings. I have the evidence. It was published in NEWSPAPERS but not in the broadcast media. Comparisons in terns of inflation, from the early 1950s to the oil embargo of the 1970s, to today. I READ NEWSPAPERS and PRINT COPY of periodicals. I could do without the junk mail in print copy, but we are FORCED by big fat pigs of corporations to accept the lack of printed NEWS and INFORMATION.

Inflation. Really no worse than it has been many times in history. But keep limiting information to being the worst. I have seen worst. Give us a long term HISTORICAL evidence this is the worst. Do a comparison to what the inflation was like under various political party leaderships over the past. Nixon and his proposals for “price controls.” Don’t just tell us how a FEW voters think about this. That is disgusting.

Dealing with inflation. There is newspaper info. with ideas about how to deal with inflation. But of course the technology industry, propped up by big oil and the fascists, is pushing a liberal agenda to stop reading newspapers. Yes. I said liberal.

And then the liberal agenda pushes the envelope in trying to maintain that, somehow, reading newspapers in digital form is going to save trees. Really? What saves trees is to stop ripping down the rain forests for development and not replacing those trees, such as what has happened in a South American nation now run by a vicious fascist. PLUS. The consideration that the more technology, computers, and mobile phones there are, the more electricity is consumed which brings pressure on the electricity infrastructure and its grid to produce more.

Does anyone actually believe the fascist agenda with Trump, Rick the Prick Scott, DeSatan, and others is truly going to change the scenario I identify above?

Rick the Prick inherited from Democrats a really lousy setup of PUP insurance for hurricane coverage in Florida. Did Rick the Prick make a change? Nah! He never made any change in this. What DID Rick the Prick do instead? Fought Obamacare because it goes against the egotistical narcissistic ways of Rick the Prick who made money from PRIVATIZATION of hospitals, where he plead the 5th numerous times when he was charged with stealing from Medicare. |

When Florida voters approved of a fast-speed rail system so as to save money over the long term and cut down on carbon emissions, why did Rick the Prick override the voters? Because he had his marching orders from the Koch brothers and others who insisted they wanted to continue to sell oil and to hell with other means of getting around it.

Those of us consumers and voters were screwed by Rick the Prick when he did this. Some of us invest in corporations which wish to do BOTH oil and alternative fuels. The Koch brothers ONLY want oil. So, in the name of the Koch brothers, Rick the Prick took his marching orders from vicious egotistical bastards who just MIGHT be giving support to PBS. And we the consumers who invested in real residential real estate along the route of that rail system were screwed as well.

Developers along that proposed rail route were screwed as well, while corrupt developers in Palm Beach, with house flippers, made out well with their corrupt practices while working with the banks. Who does real estate in Palm Beach County? Care to guess? The guy at Mar-a-Lago.

And the answer to this is, by the ideas of the fascists, to use coal and pollute more. Electricity in a Florida utility, I am told, is now concentrated with coal and gas while a less-polluting nuclear plant has been shut down. Not to endorse the ideas of nuclear, but there has been R&D work to improve the safety of producing nuclear. Where? in Europe, where the build rail systems.

The undertow of groupthink talk here is to put down electric vehicles, as if they are going to do bad things to the electric grid. What about the bad things being done to the grid when people are buried more in technology and not paying attention to their fellow human beings?

What is being described here is being done in the midst of this consumer groupthink undertow of information to push the idea that the local newspaper stop printing on paper. The anti-electric vehicle (anti-solar, anti-wind power, anti-hydro power) and pro-non-printing on paper is inconsistent in claiming, “the environment will be better.” According to this talk, solar is awful. Wind power is awful. But keep putting those newspapers out in digital form where consumers have to fight with the technology and pay higher costs just to get their newspapers and INFORMATION.

But no. The cost aspect is thrown at me by those who wish to defend what THEY want and never consider an overall COST-BENEFIT ANALYSIS over the long term.

Liberals are just as bad in pushing the envelope too far. There are alternative biomass fuels which can LOWER carbon emissions in vehicles. But no That lack of PERFECTION and they reject those and dig in their heals ONLY for solar or wind power, etc. Methanol. Still has carbon emissions. But compare such fuels to gasoline emissions? Is it better? I believe it is. But only a theory on my part. We need the evidence from the media doing its job, not simply giving us analytical views of politics.

In a PURPLE America where we got along, the production of methanol fuels could be bolstered by people working with Iowa farmers, not the coal producers. Or by orange growers in Florida with “co-electric projects.” Corn and other agricultural products can be grown in the back yards of the Keystone project people in Pennsylvania. For the production of fuels with LOWER carbon emissions. Not zero carbon emissions, perhaps. LOWER carbon emissions than what we get with gasoline. Hybrid vehicles as a choice for consumers as we ease into electric vehicles. But no. Liberals are opposed to this just as much as the big fat pig fascist oligarchs of oil are opposed to electric vehicles, solar, wind, and other energy sources. Such fascists get supposedly good-thinking “red” Americans to stupidly line up behind them.

Even if someone like me did not care for George W. Bush, he pushed the idea of reduced carbon emission vehicles. I liked that. In one of his state of the union addresses, he pushed for the use of switch gas for biomass fuels. Why? Because, as he proposed this, he outlined how the fermentation process can be reduced. So where are the switch grass farms today, some 20 years later? We have the agricultural lands, but where are these farms and the corn farms today, for these purposes? Stifled by liberals who insist “we don’t have a perfect fuel, so let’s not do this because we wish to concentrate on ONLY the perfect energy sources with NO emissions.” Stupidity here , too, among the liberal groupthink. HOWEVER.

Where is the money today? In the hands of the liberals who are yelling and screaming their dissent? Or in the hands of the wealthiest at the top who insist there IS no climate change, so let us continue to use oil. For the future of our children and generations into the future, we need to stop this BS approach and work together. We need those of us who have invested in a more moderate approach to get us through these years and into the future. A STRATEGIC PLAN is missing because there is too much tugging of one way or the other just to see who comes out the winner. The WINNER needs to be our entire community of people in the great USA, into the future. What is the STRATEGIC PLAN to accomplish this goal? With the fighting and the turmoil, I have a problem detecting it.

It’s a PURPLE STRATEGIC PLAN, not a RED PLAN (fascists) or BLUE PLAN (liberals) which will determine our way forward, based on what we can learn from the past, not RE-LIVE the past, as the stupidity of MAGA, QAnon, and others propose.

The reason the Koch brothers and other big fat pigs in the oligarchs push for Trump, Rick the Prick Scott, and DeSatan is really simple to see. So why is the media not projecting this? Is PBS getting support from the Koch brothers, so ignores this simple thing?

Governor Lawton Chiles, of Florida (and a person people hoped would be president in 2000), filed a lawsuit which brought down big tobacco in the USA. He filed this lawsuit with several other states, due to the cost the states had to endure in helping their citizens with lung cancer due to smoking tobacco. The costs were staggering, according to a report by journalist and lung cancer suffering Peter Jennings. Chiles won the lawsuit.

The vicious fat pigs of North Carolina relented by taking over the electric utility where Chiles had served on the board of directors. With thousands of other Florida employees, I lost my job due to the strategic plans of those fat pigs. A plan implemented slowly and over time and gives us much of what we have today

I am just supposed to shut up about this, due to the benefits I had following the layoff. But I won’t. Because much of what the fat pigs like Jeb Bush, Rick the Prick and DeSatan did in the interim between layoff and retirement was to screw me even more. I speak of this, in site of the wonderful career I had. I could have had more in retirement. That is a statement made because their are stupid asses who vote for the fascist Republicans who wish to bring down the Medicare and Social Security systems for which I rely on after Rick the Prick Scott and others destroyed some of my retirement investments in Florida, among other things.

These oligarchic fools don’t have the right to do that just because they have money and they need to be called on it. Where is the media to do this laying these people on the carpet? By the first words in the Constitution, WE THE PEOPLE, these fools don’t have a right to do this. Just by those simple words alone. They believe that what is good for the oligarchs is good for the nation. BS on that.

Power corrupts. Absolute power corrupts absolutely. Power which takes into consideration more than a minority of people called white people is a corrupt power and tries to move towards the “absolute power which corrupts absolutely.” Koch brothers, John Birch, KKK are all corrupt and their absolute power corrupts we the people absolutely.

I have heard by hearsay from a person married to a white apartheid-loving anti-Mandela person from South Africa, that the tobacco companies have moved operations to South Africa. So, that makes that lawsuit by Lawton Chiles so bad that they had to murder Lawton Chiles and make it look like something else? Rather than build better “American mousetraps” (as has been a good example of America), we embolden white supremacists out of their closet of hiding their racism and cry foul when things are not as foul as these people make things to appear?

The only speculation I can make is that we have a lousy media today taking their cue from the money of the Koch brothers, Rupert Murdoch, and other oligarchic robber barons of the 21st Century. A media which does not follow what Peter Jennings did with his reports about big tobacco and the lawsuits which benefited society overall (according to the Peter Jennings reports). A media which will identify and bring out of the closet the vicious fascists today, rather than just reporting everything as if we as normal today as the era of the 1950s, 1960s, 1970s, etc.

What does the media propose to do? What analysis based on strategic plans for the sake of WE THE PEOPLE does the media intend to present? Anything? Because I don’t see it and have to wonder why? I say, WHY NOT?

Category:

Commentary, Energy, fascism, human-rights, If it's broke let's fix it TOGETHER, Journalism & Media

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Economy, Inflation, Gasoline, Oh MY!

Washington Week, Oct. 21, 2022

My factual commentary, not an opinion editorial (op-ed).

First of all, this is no way for contacting you – by form. I despise it. Same thing with social media. It’s all about the opinions in short messages. I object. A person whose funeral was celebrated in the past two weeks, reminded us by way of her eulogy, that using technology and phones was so un-human when considering we no longer talk face-to-face. Thumbs thumbs thumbs and not speaking with one another.

Now I have that out of the way, the reason for me contacting you.

On your program last night (Fri., Oct. 21), your analysts proved once again how media concentrates on analyzing opinions, not providing the facts. As on a one-time television program, the police detective said, “just the facts, ma’am, just the fax.” The character of Perry Mason said, “I am not interested in your opinion, only the evidence.” You use opinions as evidence far too much. Those two television series were models for the American public in the 1950s and 1960s, as reading by Americans declined (according to George Will).

Recently, a wonderful actress named Angela Lansbury died. In her series after the time period I describe above, she would often say, “I have a theory, but I need the evidence.”

I ask you wonderful media people, with due respect, why do you constantly analyze the opinions of people and never look for evidence to support such people. Where did the opinions of voters, brought forward last night, derive? From surveys? From just a few voters? Where did those opinions about issues derive?

Recently, in waiting for my car in a detailing shop, I waited some two hours in a bar. I was not drinking, but just needed to get a soda and burger to eat and the establishment was the closest for walking. Just to clarify because I rarely visit bars.

Perhaps I should visit bars more often. Because what I heard spoken by the people (mostly men, but a woman, too) was this. How lousy healthcare in America was, particularly focused on one PRIVATE local healthcare unit. I never heard one thing about the “bail issue in NY.” That “bail issue” lying commercial was prevalent – from the Republicans. Lies in the commercials. Not one word was spoken about any of the other issues for which Republicans in New York are lying so as to gain votes. Hitler’s Goebbels: “tell a lie so many times that it becomes fact.”

Never once do I ever hear the media of any kind speak about what is happening with regard to lies. Just presentation of analysis of the various opinions, even some voters. Just the facts, ma’am. Just the TRUTH, ma’am. And in the process, your remarks do nothing but scare voters away from the polls.

Last night, you had a clip of the debated between Stacey Abrams and Kemp of Georgia. Kemp was quoted as saying (paraphrased) that he made the voting registration process in Georgia an online system easier to use. Beg your pardon? You broadcast that piece of information and later last night, I get a call from a person who recently moved from Florida to Georgia. He described the voter registration, online, as being a nightmare, so he did not do it. There goes one vote from Abrams, whom he likes a great deal.

My bet is that it is now too late for this person to register for the upcoming election in which he favors Stacey Abrams. Every vote counts. So, I suggested he vote absentee in Florida since his address is still in Florida and he would vote for Charlie Crist rather than Ron DeSantis. Every vote counts.

Instead, this person reminded me of what it was like to vote absentee in Florida. He lived at a residence far from where he was attending college. It was a nightmare. I recall when I turned 18 in upstate NY, living at college but my primary residence being my home some four hours from college, doing absentee ballots then and finding it to be far less complex than what Florida made it, for the sake of the Republicans. More Democrats in the state of Florida, yet somehow the Republicans win and have a one-party state there.

Where is the historical evidence when discussing inflation and gas prices? There were many times of inflation in my life. We never pointed at the government.

Gas prices today are equal to about what they where 50 years ago (1973) during the time of the oil embargo. Historical economics evidence speaks mountains. First of all, if people would read newspapers, an op-ed columnist wrote about how, on the basis of inflation over the LONG TERM, the prices of gasoline today are lower than in the early 1950s when there was a gas increase and LOWER THAN the prices during the oil embargo, WHEN ADJUSTED FOR LONG-TERM INFLATION. Look at the salaries of the big oil conglomerate oligarchs today, compared to those earlier years? Did you do that? No. I know that oligarchic salaries since the 1970s have increased 1000% or more today. Even the salaries of workers paying for the gasoline are higher and give them a higher earnings level than those during the oil embargo (but not as much as 1000%).

The SAME PEOPLE who gave us the oil embargo are the problem today. Trump and big oil of Texas LOVE the Saudis. Trump and big oil LOVE Putin and the Russians. Putin is a by-product of those years during the oil embargo.

Did this historical evidence ever get revealed last night? Not once did I hear such examples. Instead, we heard the presentation of opinions on the side of “what the voters are saying.” Does it ever behoove media to present historical evidence which might show these voters being mesmerized by the very people who are the cause of the problem – Trump and his cronies, big oil, and the remnants of OPEC? What is presented is stupid people too easily mesmerized by lies who are snotty brats moaning and groaning like a bunch of spoiled brats.

I say this because in the years of the oil embargo and high gasoline, we came together more often to do something. We did NOT point fingers at a president or the government, due to the oil problem. We did not look at handouts from a government. How many times did I take my 4-hour trip to college in the cars of other parents other than my own? Car pooling on our own, not done by a government. How many times, when I purchased my OWN car, did I share rides with other college students (four of us to be exact) on the 4-hour drive to college and back? I saved those parents the gas money for each of four potential car loads of students. My parents never paid me for the gas. I would sometimes receive some cash from some of the riders, but I never insisted on it.

There were others who did the same thing. Voluntary car pooling. No one FORCED us to do it. Some did the car pooling from Long Island to the college, typically a six to eight hour trip. Some rode the bus.

We used different modes of transportation Only after a few years did some local governments set up car pooling options for the residents. AFTER the years we car pooled. Had electric or hybrid cars been available, we would have rejoiced. Big oil is trying to sabotage that and captures the stupid imaginations of too many stupid people.

The other thing about last night’s broadcast. Never mentioning the accomplishments of President Biden and the Democrats, except to brush them off with no analysis of WHAT IS ACTUALLY HAPPENING. Unemployment is down and has been reduced since President Biden took office. That should shoot holes into the lies of Oz in Pennsylvania, based on big oil, when discussing a Keystone project. “Loss of jobs.” OH? And what about the increase in jobs in the economy which has caused a lowering of unemployment? In other words, it’s lousy to lower unemployment but boy is it lousy that there is a lack of jobs due to – Keystone – offshore drilling in Florida, etc., etc. etc.

And then to hear some dwell on the reason to be against electric vehicles is the unfunded mandates for putting such vehicles in public transit. I have seen Republicans do unfunded mandates MANY, MANY, MANY times – to the detriment of public education. Don’t notice these people who are whiners complaining about those unfunded mandates which cause the taxes for public education to increase.

As for inflation, those of us who lived through inflationary periods have a great deal to teach, but are being shut down by the listeners of false information – from Fox News. how many times have I tried to take the opportunity to TEACH (my career was teaching) and other on the “red” side of the coin simply talk over me and not allow me to say one thing? My only way to say anything is writing, as in this example. But the media makes it more difficult to get published, with short snippy little tweets full of emotions and opinions, not the facts.

And who reads newspapers, right? Those of us who don’t like what I describe here which happened in last night’s Washington Week. The rest of the snotty young spoiled brats don’t read newspapers. Yet, in the newspapers of LOCAL INFORMATION and so forth, we have read information explaining how to overcome inflation. Instead, the Republican jerks of America rely on the fact that people don’t read such information and wisdom of age and inspire these brats against the government of Joe Biden and the Democrats. People who are NOT PERFECT, but have a record of doing some good things to counter what has been happening. The good things apparently are being BURIED by the strategies of lies and emotions emanating from a Republican Party leadership. Thus, these bastards LOVE it that we don’t come together as a nation and figure out how we can all deal with the inflation. They just expect someone to fix it.

When I was recently in a grocery store and looking for short ribs for a recipe I came across, the prices of short ribs exceeded $10 per pound. WOW! I was not going to pay that price. Sometimes, due to the cost, the stores just did not stock that meat.

When speaking with a human being called a butcher (at the store), it was suggested to me there is a less expensive cut of beef I could consider using to replace the short ribs. It was still on the expensive side, but it was worth considering. My thanks to human beings like that on the supply side who can help those of us on the demand side of a capitalist market, during these days of turmoil.

Yes, these examples are from the Middle Class. Yes, there is some suffering in the Middle Class. But so far, it has been Republicans who have worked to decrease the opportunities for people to live in the Middle Class, hoping to have “trickle-down economics” to all who become slaves and more impoverished. It has already been happening. Jack Walsh of GE, an anti-LGBTQ bigot, destroying the pensions of employees, leaving them with higher risk individual retirement accounts, while he and others have been corrupt and unethical in taking all the money for their bonuses and the 1000% increase they have gained since the 1970s. Many other CEOs, in particular big oil and the Koch brothers, have worked for the same results. Hording money at the top and denying it, but in a trickle, to the bottom, while private business and privatization have increased the costs for us in the Middle Class.

Did your media folks even delve into this issue? Not. Once again. Analyzing opinions only.

Mortgage rates. 3% in the 1950s when our parents purchased homes. 12% and 13% when we attempted to purchase a home in the 1980s. This was done under the REPUBLICANS who had PROMISED to reduce the interest rates. In 1982, under Reagan, 12%. In 1988 under George H.W. Bush, about 10 or 11% – still double figures.

Promises, promises, promises so as to only blame Democrats and unseat Democrats by not fulfilling the promises they likely COULD NOT fulfill. Those Republicans only delivered for FIRST-TIME HOMEBUYERS, not those who had already owned a home. Historical evidence, once again. Those of us who had already purchased homes at the high rates did not see relief into the single digits until Democrat, Bill Clinton. Meanwhile, Reagan and the Republicans had won over the YOUNGER Baby Boomers who were the first-time home buyers. It was such people and younger who are the mean-spirited and vicious ones defending Republicans today, with their bratty spoiled attitudes, especially when things don’t go their way. They own huge acreage and more than what i can afford on a teacher’s salary and still wish to ask for more. Just like Ebeneezer Scrooge and the LOVE OF MONEY and MATERIALISM, before human beings.

Today, the fault with high housing prices and a possible head to high interest rates has been caused by Republican bank buddies, flipping of homes and corruption in selling new homes in new developments (particularly in Florida, as written by investigative LOCAL NEWS reporters, backed by librarians doing research, in the early 2000s). All of this opened the doors for corporate slum lords to move in to purchase homes and FORCE the people of Florida to rent rather than the “American dream” of house ownership for the LONG TERM. (And Suze Oman validates this with “the new American dream,” so as to make young folk feel better about all of this, rather than rid us of the thieves of business who are doing this – robber barons. What a joke).

And then there is the complaint by some regarding how President Biden is following precedence with the Chinese and taxes. Such spoiled brats are irritating and obnoxious because they ignore the ideas of the use of infrastructure development to light a fire under development of the U.S. semi-conductor industry. Why would he do such a thing? Because the semi-conductor industry is based in Taiwan, China realizes this, and intends to take over the nation. You think the tax situation with China is bad? Think about what would happen should all semi-conductors be made by THE COMMUNIST CHINESE. Better yet, think about coming to the defense of Taiwan and what that would entail. Give up our rights in America for the sake of averting war? Go to hell.

Again. Why did your media folk not go into what I have mentioned? Why do you not interject the facts and just concentrate on analyzing opinions? WHY? Unless this is changed, it will be the downfall of American democracy. Makes me wonder who is TRULY paying for the media in America today.

“Purple mountain majesty…” America the Beautiful. It does not read, “red mountain majesty…” It does not read, “blue mountain majesty…” It reads PURPLE, a combination of red and blue. How appropriate. How interesting that this portrays a beautiful America, a nation which SHOULD be working together for the betterment of this beautiful land, not scoffing and scarring those who are trying to do so. Working against one another, rather than blasting one another with guns, ammunition and “the bombs bursting in air…”

It is said that the most popular song played by the U.S. Marine Corps band is NOT the “Star Spangled Banner,” but “Stars and Stripes Forever.” Not “stars and bars,” which is the symbol of a certain battle flag. I suppose we can see that the later one is a verse with words that rhyme. Rhyme has nothing to do with the words we use, in this case, because the only rhyme or harmony, in this example, is inclusive only to white supremacists.

Let us work together for beating inflation and gasoline prices, not argue for one side or the other. Such ways are an abomination against democracy, supported by Satan and the Evil Spirit.