The Democrats didn’t have to make our lives more unpleasant, but they can’t stop themselves from doing so with their irresponsible, wasteful spending and their lazy, uninformed, and thoughtless attempts to dictate economic policies by which we must live.
Stagflation is the term used to describe the effects of choosing Joe Biden. The presenter of Bannon’s War Room show, Steve Bannon, compares Macroeconomics to “headwinds, would be a Cat 5” pain that Americans are experiencing.
“Stagflation is the simultaneous appearance in an economy of slow growth, high unemployment, and rising prices. Once thought by economists to be impossible, stagflation has occurred repeatedly in the developed world since the 1970s. Policy solutions for slow growth tend to worsen inflation and vice versa,” according to Investopedia, which reported on the stagflation of the 1970s, adding:
“The stagflation became more severe in the early 1970s but was suppressed by President Nixon’s price controls and wage freeze starting in August 1971 and through 1972.”
According to economics experts, stagflation “presents a dilemma for economic policy since actions intended to lower inflation may exacerbate unemployment.”
It does not appear to be an issue that the Conservatives and MAGA wish to address.
In the United States, a significant political confrontation is escalating over stagflation due to the popularity of the America First movement among those want thriving jobs.
The crew in the War Room has been discussing the specifics of stagflation and detailing what it would imply for the American working class in particular.
Bannon, a former investment banker at Goldman Sachs, warns that this impending catastrophe will affect everyone’s wallets, thus no one is immune to the inept Democratic economic policies.
“The spending was careless. We have to worry about the balance sheet of the United States. This thing is exploding, and it will come back to how we financed this mess,” Bannon, a former key adviser for President Donald Trump, warned his viewers on why we are in this issue. His program guests agree with him.
More on this story via The Republic Brief:
“A destruction of the American economy is the fault of the Democrats, and people are going to go vote on that,” political strategist Boris Epshteyn said last week during a segment on the devastating consequences of Democrat Joe Biden’s economic policies.
“You can see this thing come like a high hard one,” economist Peter Navarro said during the same segment, talking about the patterns of warnings that has come from host Steve Bannon and himself, who have been ringing the bell for the past ’10 months’ about the looming disaster to the American people as a result of the stupid Democrat policies. CONTINUE READING…