Posted on Dec 17, 2022
Steve Forbes: You don't conquer inflation by thrashing the economy
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Some of you don't have the time to look at the video and others think that Fox News is kryptonite. You run away like the scared Knights of my Python and the Holy Grail.
The gist of the video which goes against the stupid Democrat Church of the green New Deal mentality... other comments added by me are from other discussion Kudlow and Forbes have said in prior videos on the same economic dilemmas.
1.Instead of spending like a drunk sailor, instead of raising interest rates,, instead of blaming Maga Republicans. We need to blame all Democrats and some Republicans for not using any common sense.
2.They can't be stupid like President Biden and Gavin Newsom and want to get rid of fossil fuels.
3. They shouldn't put extra regulations preventing oil exploration due to methane emissions, they shouldn't leave the permits sitting on the desks of the Department of the interior and the department of energy which is now basically woke environmental social governance bullcrap.
4.The woke and brokeback anti-American, anti-oil Biden Administration should not be restricting oil production.
5.They should not be raising taxes in a recession and begging other countries to have a minimum tax.
6. They should not be raising interest rates and they certainly should not be spending trillions of dollars in the Church of the green New Deal items such as $300+ Billion for Green Energy hidden in the fraudulent Inflation Reduction aAct which does just the opposite.
7 They shouldn't be passing this heretical Omnibus act which allows for earmarks and special pork projects for both Republicans and Democrats. They got rid of this fraud, waste abuse years ago and now they brought it back!
8. You have a handful of Republicans that are working with the mostly leftist Democrats ruining this country.
7. It's bad enough that you have a stupid president getting rid of title 42 next week and wanting Democrat replacement theory. We're talking about illegal aliens from ALL Races coming into the country and competing with jobs with Americans who are being laid off all because Democrats want to make sure they can get super majorities in Republican states and municipalities by allowing 9-40k illegals in and overwhelming border states. I am glad Republicans are busing some of them to Democrat cities.
8. They want to give permanent child tax credits to people with no income verification. They want Americans to be addicted to government spending and support and this punishes success and adds more inflation to businesses which then hire fewer employees.
9. President Biden is prancing around saying that the economy is doing well. His Federal Reserve is purposely trying to destroy the stock market by demand destruction. That's one way to lower inflation but Democrats have their head up their 5th point of contact and are zealots of the Church of the Green New Deal mentality of wanting to get rid of fossil fuels when fossil fuels can be the answer and increase Supply to lower inflation but Democrats don't want to hear this!
10. The big bad orange man left the US economy within the America First agenda and did not beg Venezuela for dirty oil because the US was a NET oil exporter.
11. Prior to Brokeback Biden assuming office in January of 2021, The US was an economic Powerhouse with low inflation. The US had a 6% growth rate. The Federal Reserve did not purposely want to steer the US economy into a recession. Since we voted in a fake Democrat was actually a socialist president Biden, he has gone left full Rudder into the iceberg of socialism and wants to give money away to people that don't deserve it and wants to punish those who are successful.
12. We now have an ominous bill that will be coming soon to the Senate and Republicans will only have a couple of hours to try to read through 3,000 pages and figure out what's hidden in the bill in the limited time they have. Democrats are doing this by Design just like they're allowing illegal aliens to come in by the millions by design.
13. We have been lied to by this Democrat Administration and now we have Republicans that are going along with the pied Pipers of disaster.
14, I know many of you Democrats call this faux news but I'm sure that you're not doing better off than you were 2 years ago. 2 years ago the economy was not sputtering. 2 years ago orange man was still giving you a legacy. Also, you freaking Democratic Liars in the media, he did give you a plan with three vaccines even if they were not perfect. Both our inept President and Vice President were vaccinated at this time 2 years ago. Also, there was an immigration plan in place called title 42 and remain in Mexico. But this Administration is now part of the Church of the Green New Deal and believes in George Soros open borders Vision which is destroying the United States and endangering our national security by Democrat-appointed Homeland Security chief and other leaders that are destroying our country and lying to the American people and giving talking points that were approved by the brokeback and corrupt President Biden Administration.
15. Fox News and CNN and others have posted stories from Democrat Economist Larry Summers and others who have expressed concern that this brokeback by the administration is not following economic common sense. You can blame orange man all you want but he has been gone for 2 years. The Federal Reserve Personnel are not following their own precepts because there's too much political pressure from the left Administration. They don't have the autonomy and the administration keeps spending like drunken sailors and then blaming president trump, blaming Vladimir Putin, saying that the inflation is transitory when it was all self-inflicted by people at the top who don't care or who don't know anything about Finance or economics 101.
Socialism sucks!
16,We're going back to the era of stagflation. This happened in the 1970s and early 1980s. The prescription could be to allow for Less government, less taxes, more energy Independence and let the businessmen fix the economy instead of following environmental social governance and trashing the economy like what's happening now.
17, The Federal Reserve is trying to just do demand destruction. In most years, we have a Christmas rally in the stock market. If you haven't noticed, Wednesday through Friday has been a bloodbath in the US Stock Market.
18. This was all preventable and self-inflicted. Democrats and some Republicans have nobody to blame but themselves.
Just like a weird track from the sergeant pepper and Lonely Hearts Club Band Revolution number 9 song.
Financial imbalance, the twist, El Dorado.. number 9, number nine, number nine.. TAKE THIS BROTHER MAY IT SERVE YOU WELL...
The gist of the video which goes against the stupid Democrat Church of the green New Deal mentality... other comments added by me are from other discussion Kudlow and Forbes have said in prior videos on the same economic dilemmas.
1.Instead of spending like a drunk sailor, instead of raising interest rates,, instead of blaming Maga Republicans. We need to blame all Democrats and some Republicans for not using any common sense.
2.They can't be stupid like President Biden and Gavin Newsom and want to get rid of fossil fuels.
3. They shouldn't put extra regulations preventing oil exploration due to methane emissions, they shouldn't leave the permits sitting on the desks of the Department of the interior and the department of energy which is now basically woke environmental social governance bullcrap.
4.The woke and brokeback anti-American, anti-oil Biden Administration should not be restricting oil production.
5.They should not be raising taxes in a recession and begging other countries to have a minimum tax.
6. They should not be raising interest rates and they certainly should not be spending trillions of dollars in the Church of the green New Deal items such as $300+ Billion for Green Energy hidden in the fraudulent Inflation Reduction aAct which does just the opposite.
7 They shouldn't be passing this heretical Omnibus act which allows for earmarks and special pork projects for both Republicans and Democrats. They got rid of this fraud, waste abuse years ago and now they brought it back!
8. You have a handful of Republicans that are working with the mostly leftist Democrats ruining this country.
7. It's bad enough that you have a stupid president getting rid of title 42 next week and wanting Democrat replacement theory. We're talking about illegal aliens from ALL Races coming into the country and competing with jobs with Americans who are being laid off all because Democrats want to make sure they can get super majorities in Republican states and municipalities by allowing 9-40k illegals in and overwhelming border states. I am glad Republicans are busing some of them to Democrat cities.
8. They want to give permanent child tax credits to people with no income verification. They want Americans to be addicted to government spending and support and this punishes success and adds more inflation to businesses which then hire fewer employees.
9. President Biden is prancing around saying that the economy is doing well. His Federal Reserve is purposely trying to destroy the stock market by demand destruction. That's one way to lower inflation but Democrats have their head up their 5th point of contact and are zealots of the Church of the Green New Deal mentality of wanting to get rid of fossil fuels when fossil fuels can be the answer and increase Supply to lower inflation but Democrats don't want to hear this!
10. The big bad orange man left the US economy within the America First agenda and did not beg Venezuela for dirty oil because the US was a NET oil exporter.
11. Prior to Brokeback Biden assuming office in January of 2021, The US was an economic Powerhouse with low inflation. The US had a 6% growth rate. The Federal Reserve did not purposely want to steer the US economy into a recession. Since we voted in a fake Democrat was actually a socialist president Biden, he has gone left full Rudder into the iceberg of socialism and wants to give money away to people that don't deserve it and wants to punish those who are successful.
12. We now have an ominous bill that will be coming soon to the Senate and Republicans will only have a couple of hours to try to read through 3,000 pages and figure out what's hidden in the bill in the limited time they have. Democrats are doing this by Design just like they're allowing illegal aliens to come in by the millions by design.
13. We have been lied to by this Democrat Administration and now we have Republicans that are going along with the pied Pipers of disaster.
14, I know many of you Democrats call this faux news but I'm sure that you're not doing better off than you were 2 years ago. 2 years ago the economy was not sputtering. 2 years ago orange man was still giving you a legacy. Also, you freaking Democratic Liars in the media, he did give you a plan with three vaccines even if they were not perfect. Both our inept President and Vice President were vaccinated at this time 2 years ago. Also, there was an immigration plan in place called title 42 and remain in Mexico. But this Administration is now part of the Church of the Green New Deal and believes in George Soros open borders Vision which is destroying the United States and endangering our national security by Democrat-appointed Homeland Security chief and other leaders that are destroying our country and lying to the American people and giving talking points that were approved by the brokeback and corrupt President Biden Administration.
15. Fox News and CNN and others have posted stories from Democrat Economist Larry Summers and others who have expressed concern that this brokeback by the administration is not following economic common sense. You can blame orange man all you want but he has been gone for 2 years. The Federal Reserve Personnel are not following their own precepts because there's too much political pressure from the left Administration. They don't have the autonomy and the administration keeps spending like drunken sailors and then blaming president trump, blaming Vladimir Putin, saying that the inflation is transitory when it was all self-inflicted by people at the top who don't care or who don't know anything about Finance or economics 101.
Socialism sucks!
16,We're going back to the era of stagflation. This happened in the 1970s and early 1980s. The prescription could be to allow for Less government, less taxes, more energy Independence and let the businessmen fix the economy instead of following environmental social governance and trashing the economy like what's happening now.
17, The Federal Reserve is trying to just do demand destruction. In most years, we have a Christmas rally in the stock market. If you haven't noticed, Wednesday through Friday has been a bloodbath in the US Stock Market.
18. This was all preventable and self-inflicted. Democrats and some Republicans have nobody to blame but themselves.
Just like a weird track from the sergeant pepper and Lonely Hearts Club Band Revolution number 9 song.
Financial imbalance, the twist, El Dorado.. number 9, number nine, number nine.. TAKE THIS BROTHER MAY IT SERVE YOU WELL...
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Edited 2 y ago
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Larry Summers sends stark inflation warning to Joe Biden | CNN Business
Larry Summers is urging Washington to tap the brakes on stimulus — or risk unleashing a serious burst of inflation.
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