Corporate Media Prep To Blame Four Years Of Bidenflation On Second Trump Administration
If Americans weren’t fooled by the propaganda press’ inflation idiocy before the 2024 election, then they won’t fooled after it either.If Americans weren’t fooled by the propaganda press’ inflation idiocy before the 2024 election, then they won’t fooled after it either.Democrats mock Americans struggling to afford groceries
In a since-deleted post on X, Democrats on the Ways and Means Committee mocked Americans who are struggling to afford high grocery costs.
The account responded to an article on X that found that consumers had spent a record $10.8 billion on Black Friday online shopping. Despite the economic hardship many Americans have endured over the last four years, Democrats dished out a tone-deaf response.
Much of the inflationary spending came from the Biden-Harris administration and Democrat-approved legislation.
"And here we were thinking y'all couldn't afford eggs!" the account said in the now-deleted post.
Democrats on the Ways and Means Committee just deleted this tweet mocking Americans who are struggling to afford groceries: pic.twitter.com/8eVNhoU7On
— TheBlaze (@theblaze) December 3, 2024
The post failed to mention the economic turmoil many Americans have actually experienced. For example, the cost of eggs jumped from $1.74 per dozen in 2020 to $3.82 in 2024, according to data from the Bureau of Labor Statistics.
Eggs are not the only commodity that has been affected by cost increases and inflation. The cost of groceries overall has skyrocketed over the last four years. In 2020, food inflation increased by 3.9%, compared to 6.3% in 2021, 10.4% in 2022, 2.7% in 2023, and 2.1% in 2024, according to the BLS.
Inflation affected not just the cost of food, but also the cost of living. Monthly inflation peaked under the Biden-Harris administration at 9.1% in June 2022. Although it has since subsided, inflation reached a multi-decade, record-breaking high of 8% in 2022.
Much of the inflationary spending came from the Biden-Harris administration and Democrat-approved legislation.
In July of this year, the national debt surpassed $35 trillion for the first time in American history. The Biden-Harris administration at the same time approved the American Rescue Plan and the Inflation Reduction Act, which respectively approved $1.9 trillion and $750 billion in spending.
The consequences were felt by Americans. Poll after poll leading up to the election showed that the most important issue for voters was the economy and inflation. At the same time, respondents indicated that they were worse now than they were four years ago and overwhelmingly trusted former President Donald Trump to handle the economy over his Democratic challenger.
This sentiment was ultimately reflected at the polls where Trump secured a historic landslide victory. Despite the tremendous loss Democrats endured, it appears they have not yet learned from their mistakes.
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The New York Times’ David Brooks Is Either Stupid Or Dishonest. He Should Be Fired Either Way
Democrats are doing everything to explain their election wipeout but admit that Joe Biden’s presidency and all of the party’s disastrous policies were a wreck. Because the national news media are first and foremost dedicated to helping Democrats, they’re doing the same thing. New York Times conservative columnist who always votes Democrat David Brooks is […]Nixon Can Teach Trump About The Pitfalls Of Revenge Politics
The same types of angry diversions that consumed Democrats over the past eight years could easily undo Republican governance.‘Rocket fuel for the economy’: Why Trump’s plan to raise tariffs and abolish income tax is brilliant
In Donald Trump’s bombshell interview on "The Joe Rogan Experience," the president-elect floated the idea of abolishing the income tax as well as raising tariffs.
While Glenn Beck has historically been against heavy tariffs, Trump may have won “The Glenn Beck Program” host over with his explanation.
“I’ve always been against tariffs; however, I might be wrong,” Glenn says. “Donald Trump is making a good case when he’s talking about getting rid of the income tax because tariffs will raise the prices of things, especially if he does it the way he’s talking about doing it.”
However, if Trump lowers the income tax simultaneously, the economy would boom.
“We could make up that deficit and become a very powerful nation again. Tell me I’m wrong,” Glenn challenges economic expert and Heritage Foundation visiting fellow Peter St Onge.
“That’s absolutely correct,” St Onge replies. “The vast majority of economists go after tariffs, they attack Trump over tariffs, and I think they are looking at the trees for the forest here.”
“If you replace a tariff, which is basically a sales tax, but it’s one that focuses on imported goods, if you replace that with either reducing or, in our dream scenario, abolishing the entire income tax, it is absolutely rocket fuel for the economy,” he explains, noting that Trump’s plan is reminiscent of the 1800s.
“That was before we had an income tax, was also before we had a Fed, and back then, the federal government had to live off tariffs,” St Onge says. “That was the greatest period not only of economic growth but of cultural achievement.”
“It was really the golden age of humanity, and the key there was that we did not have an income tax, we did not have a regulatory state, we did not have a Fed. So if Trump can take us back there, and all we have to do is like an 8% sales tax on Chinese stocks, that is the deal of the century,” he adds.
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5 moves Trump can make to juice the economy in his first 100 days
The re-election of Trump is the first step in a longer effort to strengthen the economy and solidify America’s fiscal foundation. The Trump team, now armed with experience they lacked in 2016, appears prepared to make swift progress.
With so many challenges to address, what should take priority? Here are my top five economic recommendations for Trump’s first 100 days.
Secure the border and begin mass deportations
The influx of illegal entrants to the U.S. is not just a security or social policy issue; it’s an economic one. These individuals impose significant costs on American taxpayers. In 2023 alone, the Federation for American Immigration Reform estimated this impact to be $150 billion.
Mass illegal immigration has strained communities nationwide, taken jobs from American citizens, and suppressed wages and opportunities. In 2022, an estimated 8.3 million people participated in the U.S. workforce illegally, adding further strain to taxpayer-funded services, including health care.
Strategic spending cuts that don’t hinder growth are challenging but essential.
The federal government must declare a state of emergency to take immediate, decisive action to secure the border and prevent asylum rule abuse. Processing systems should prioritize identifying people who have committed additional crimes, aside from entering the country illegally, and those who arrived within the past five years. This response needs to be swift and on a large scale.
This approach will stabilize economic signals, prevent taxpayer money from supporting undocumented immigrants long-term, and create more job opportunities for U.S. citizens. Additionally, encouraging more disenfranchised working-age individuals to enter the job market would strengthen the economy.
In the long term, limiting immigration to attract and reward skilled workers who share American values and want to contribute to the economy will benefit all Americans.
Return to a low-regulation environment
The Biden administration has burdened productive businesses with excessive regulations, costing small businesses alone an estimated $1.7 trillion. With over 33 million small businesses in the U.S., freeing them to grow and thrive, rather than struggle, would strengthen the economy.
One key area to address is flexible work. Reversing the Department of Labor's ruling, which overturned Trump’s support for independent contractor and gig work, would benefit millions of contractors and gig workers who lost jobs due to the Biden-Harris policies. This change would also support small businesses that rely on contractors.
Additionally, eliminating the FinCEN requirement for small businesses to register (the CTA BOI rule) would relieve a major concern, as many small businesses are closing or avoiding start-up due to this government overreach.
Reducing housing regulations, including collaborating with states to lower construction costs and encourage more building, would help stabilize the housing market and unleash broad economic growth.
Get tax policy settled quickly
Businesses are relieved to avoid the tax increases proposed by Harris, but they still need clarity on future policy.
Collaborating with Congress to outline which parts of the Tax Cuts and Jobs Act of 2017 will be extended, what new cuts may be introduced, and other tax proposals (such as exempting tips from taxes) will boost business confidence. Clear incentives drive growth, and a well-defined, low-tax path will encourage businesses to invest and pursue growth.
Restore commonsense energy policy
Affordable, abundant energy ensures a secure future and supports the technological advancements we pursue. AI, in particular, will demand significant energy, making a stable, reliable supply essential. We must make a point of enabling companies to invest in traditional energy, nuclear power, and viable green initiatives. These investments take time to yield results, and the current pipeline of projects is dwindling.
Bring on the DOGE!
Redirecting funds to the more efficient private sector, rather than wasting them at high cost in the government sector, is key. Establishing a government efficiency commission — or, as Elon Musk half-jokingly suggests, a “Department of Government Efficiency” — with strategic thinkers like Musk and Ron Paul would be a critical step.
Strategic spending cuts that don’t hinder growth are challenging but essential. Achieving this balance will reduce wasteful interest expenses, stabilize our debt-to-GDP ratio, and foster private sector growth that benefits all Americans.
The American dream needs to be restored, and it won’t be easy, so the Trump team needs to roll up their sleeves and get at it right away.
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