Basic Economics Biden-induced misery

People are

starting to have had enough. And wise Democrats are getting on this train. Those who don’t will get run over. Being associated with Joe Biden is like going swimming in full chain-mail armor!

Again, this is Democrat strategy trying to eventually get rid of Biden and nothing more. It’s just the “battle plan” of the Democrats. They realize the utter electoral toxicity of being seen as a Joe Biden fan.

But it also displays Biden’s amazing economic ignorance!

Basic Economics Current Events

Huh. Russia

defaults on debt. It is a fait accompli. By the time you read this, it will have happened.

Russia is poised to default on its international debts for the first time in a century this Sunday [yesterday], after time runs out for Moscow to make about $100m of overdue payments.

I guess that as a Leftist you DO eventually run out of other people’s money! Whoda thunk? Oh yeah…

BASIC economics tells you that it simply is not sustainable to keep spending more than you earn. The USA needs to learn from that!

A default has looked inevitable for weeks after the US Office of Foreign Asset Control removed an exemption allowing US bondholders to receive payments from Russia – leaving the Kremlin out of options.

It would likely stop Russia from raising money on Western markets, a situation that could become more damaging if the contagion spreads to corporate bonds.

Bad Faith Basic Economics

Utopias ALWAYS

crumble. Always.

The delays, some of which have not been previously reported, range from several months to a year, according to the Reuters reporting.

And if YOU were buffaloed by this, well, I’m sorry. Now external issues may well militate for an electric car. But virtually no intrinsic ones…

Until we get qualitative changes in battery technology, solar and wind are just dogs that don’t hunt!

Basic Economics Epic fail

Well, the Biden

Buffoonery® has left ALL of us looking at alternatives!

Basic Economics

Let’s all take

a moment and thank “Joe Biden” for this!

You understand, right, that the price of everything rises because of this!

That broccoli that is part of your dinner tonight was grown someplace else and shipped to you! So when gas/diesel prices rise and truckers need to be paid more, the price of that broccoli also rises! And your socks, and toothpaste, and…

In other words, inflation. Your salary continues to go down in real terms, all because of “Joe Biden.” Any money you saved also becomes worth less, in terms of buying power.

You scrimped and sacrificed to save $10,000.00. Good for you! But now it will buy only what $7,500 did when you started saving. “Biden” just stole a quarter of your savings!

Oh, and taxes have to rise in order to maintain even a level purchasing ability. So gov’t spending goes up. Which in turn makes inflation go up even more…

Understand what you’ve done if you voted for Joe Biden! Yes, yes, he did indeed win by voter fraud. But there were still numbskulls who voted for him!

Bad Faith Basic Economics

Honestly, do you

have to be a total moron to be a Democrat? I didn’t USE to think so, but Democrats have been spewing some pretty rank bilge, lately!

C’mon! You know how prices work, don’t you?

It’s ALL flaky and downright kooky defensiveness. YOU’re not fooled, are you?

Basic Economics Epic fail

I know how

we can solve the student debt crisis:

Basic Economics Current Events

Want to fix inflation?

Oh, you can. But so far our politicians have no stomach for it! Especially the Left, but also many on the Right. But we better get a grip soon! Because if we don’t change soon, this will just end in bitter tears…

Avoidance and denial are simply not good strategies, here. And “Biden” is busy throwing gasoline on this fire!