{"id":86055,"date":"2023-12-02T04:00:07","date_gmt":"2023-12-02T09:00:07","guid":{"rendered":"https:\/\/quotulatiousness.ca\/blog\/?p=86055"},"modified":"2023-12-01T19:58:54","modified_gmt":"2023-12-02T00:58:54","slug":"joe-biden-solves-the-inflation-problem-fat","status":"publish","type":"post","link":"https:\/\/quotulatiousness.ca\/blog\/2023\/12\/02\/joe-biden-solves-the-inflation-problem-fat\/","title":{"rendered":"Joe Biden solves the inflation problem, fat!"},"content":{"rendered":"<p>Like any lying dog-faced pony soldier would know, it&#8217;s as easy as saying &#8220;<a href=\"https:\/\/tomknighton.substack.com\/p\/oh-well-that-ought-to-do-it\" rel=\"noopener\" target=\"_blank\">Trunalimunumaprzure<\/a>&#8220;:<\/p>\n<p><a href=\"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2023\/12\/Politics-Dumbest-thing-so-far.jpg\"><img loading=\"lazy\" decoding=\"async\" style=\"float:right; padding: 0px 0px 10px 25px\" src=\"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2023\/12\/Politics-Dumbest-thing-so-far-480x410.jpg\" alt=\"\" width=\"480\" height=\"410\" class=\"alignright size-medium wp-image-86056\" srcset=\"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2023\/12\/Politics-Dumbest-thing-so-far-480x410.jpg 480w, https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2023\/12\/Politics-Dumbest-thing-so-far-150x128.jpg 150w, https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2023\/12\/Politics-Dumbest-thing-so-far.jpg 585w\" sizes=\"auto, (max-width: 480px) 100vw, 480px\" \/><\/a><\/p>\n<blockquote><p>Inflation is kicking just about everyone in the junk here lately, regardless of whether that junk is an innie or an outie. It&#8217;s been rough on a lot of us, but I know just how hard it&#8217;s been on me and mine.<\/p>\n<p>Prices are up significantly over the last few years and my income isn&#8217;t up nearly as much. This creates issues with our finances. The upside is that it&#8217;s forced me to be better with money.<\/p>\n<p>But prices are still higher than Willie Nelson on a SpaceX flight.<\/p>\n<p>Luckily, President Joe Biden has figured out the solution to all our problems. He&#8217;s going to just tell companies to drop prices.<\/p>\n<p><a href=\"https:\/\/reason.com\/2023\/11\/29\/biden-warns-companies-to-bring-prices-back-down-even-as-inflation-persists\/\" rel=\"noopener\" target=\"_blank\">Yes, seriously<\/a>.<\/p>\n<ul>\n<p><em>This week, the White House <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2023\/11\/27\/fact-sheet-president-biden-announces-new-actions-to-strengthen-americas-supply-chains-lower-costs-for-families-and-secure-key-sectors\/\" rel=\"noopener\" target=\"_blank\">announced<\/a> the launch of a Council on Supply Chain Resilience, created with the hope to &#8220;strengthen America&#8217;s supply chains&#8221; and &#8220;lower costs for families.&#8221;<\/em><\/p>\n<p><em>&#8230;<\/em><\/p>\n<p><em>President Joe Biden delivered <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/speeches-remarks\/2023\/11\/27\/remarks-by-president-biden-on-new-actions-to-strengthen-supply-chains-lower-costs-for-families-and-help-americans-get-the-goods-they-need\/\" rel=\"noopener\" target=\"_blank\">remarks<\/a> from the White House on Monday to announce the new council&#8217;s creation. He touted the lower inflation rate and falling grocery prices but admonished American companies for, in his view, not going far enough.<\/em><\/p>\n<p><em>&#8220;Let me be clear: To any corporation that has not brought their prices back down \u2014 even as inflation has come down, even as supply chains have been rebuilt \u2014 it&#8217;s time to stop the price gouging,&#8221; Biden warned, imploring them to &#8220;giv[e] the American consumer a break.&#8221;<\/em><\/p>\n<\/ul>\n<p>Here&#8217;s the issue, at least as I see it.<\/p>\n<p>At Thanksgiving, <a href=\"https:\/\/tomknighton.substack.com\/p\/bidens-thanksgiving-misfire\" rel=\"noopener\" target=\"_blank\">it was noted here<\/a> that prices are nearly 20 percent higher than in 2019. This while inflation has supposedly decreased. Prices are still high because it&#8217;s not so much that inflation has fallen but that the rate of inflation&#8217;s increase has fallen. It doesn&#8217;t mean prices should drop, only that they should increase at a slower rate. <\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Like any lying dog-faced pony soldier would know, it&#8217;s as easy as saying &#8220;Trunalimunumaprzure&#8220;: Inflation is kicking just about everyone in the junk here lately, regardless of whether that junk is an innie or an outie. It&#8217;s been rough on a lot of us, but I know just how hard it&#8217;s been on me and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[831,25,84,28,53,13],"tags":[165,1406],"class_list":["post-86055","post","type-post","status-publish","format-standard","hentry","category-business","category-economics","category-government","category-media","category-politics","category-usa","tag-inflation","tag-joebiden"],"jetpack_featured_media_url":"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2016\/06\/favicon.png","jetpack_shortlink":"https:\/\/wp.me\/p2hpV6-mnZ","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/86055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/comments?post=86055"}],"version-history":[{"count":1,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/86055\/revisions"}],"predecessor-version":[{"id":86057,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/86055\/revisions\/86057"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media\/35193"}],"wp:attachment":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media?parent=86055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/categories?post=86055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/tags?post=86055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}