President Biden and Amazon CEO Jeff Bezos get into a Twitter spat over the White House plan to whip inflation now by jacking up taxes on the rich and spending trillions of dollars more.
Scott Ott, Stephen Green and Bill Whittle create 260 new episodes of Right Angle each year thanks to our Members. When you join, you meet a legion of committed conservatives by unlocking exclusive features of our site. Find out more and become a Member when you click the big green button above. If you wish to donate right now without becoming a Member, use the big blue button to make a one-time or recurring donation with PayPal or credit card. Thank you.
20 replies on “Biden vs. Bezos: Can President Whip Inflation Now by Taxing the Rich and Spending Trillions?”
You really can’t go wrong with any of Thomas Sowell’s books. All are remarkably insightful. I have to thank Rush Limbaugh for my introduction to him. When I started listening, he would always get Walter Williams (another great!) to host an episode over the Christmas holidays. And he, in turn would always spend at least one segment with Mr Sowell as his guest.
I like it that you talked about economics and not about politics. More, please.
Steve’s observation is beyond all honest debate. The harm done by Demonrat policies is not due to stupidity, but to treasonous malice.
Jimmy Carter has now been boosted to third from the bottom of the worst presidents of all times glory totem pole with Obama now boosted up to the second place from the bottom and Joe Biden has scooting in the very bottom, “Worst Of All Times POTUS”!
If you want more detail on how FDR fueled The Great Depression I did some research on the subject back in 2011:
https://www.floppingaces.net/2011/09/06/economics-for-politicians-chapter-4-you-dont-create-jobs-its-time-to-get-over-fdr-reader-post/
And I just re-read my post for the first time in years. There’s actually a link in there to some guy “Bill Whittle at Declaration Entertainment”. I had forgotten that one!
Oops! Wrong place for comments and could not erase. Sorry!
No problema!
It doesn’t matter if you like or dislike the wealthy. If you raise taxes that target them, their behavior changes and you see capital flight. Anyone remeber the jewelry and luxury boat taxes of teh early 90s? Or how about John Kerry docking his yacht in Rhode Island instead of Mass. to evade their taxes?
Too many dollars chasing too few goods. And that is entirely the doing of the government. That is why we should/need to return to Constitutional money, and that is silver and gold.
Maybe we should have listened to Burl Ives
Entirely the governments fault? No. Some supply issues are not our governments fault. (China for example) But making gasoline more expensive and putting us more in debt so we can spend more? Oh yeah baby! Our government at work…. To get re-elected and increase their power that is!
Don’t forget Governor Hair Gel’s role in throttling the supply chain through CA between his banning non-unionized truckers and imposing insane “green” requirements on trucks
Yup. That’s government, but at the state level. Gee, I wonder if there is a particular political party doing this?😏😆
The Democrats love invoking The Commerce Clause for whatever they want to inflict in us. This would be a perfect time for a President to do the same.
I’ve a strong suspicion that behind most of the supply chain issues lurks a government policy, whether ignorant or malevolent.
Embrace the healing power of AND.
Ignorant AND malevolent.
The classical definition of inflation (that is, the one used before our politicians found inflation to be so useful to THEM) ONLY allows for the source of inflation as being Washington, DC. All the nonsense about energy this, housing that, and supply chain the other, are merely where governmental inflation has MANIFESTED itself. When you inject some carcinogenic, or otherwise harmful substance, into a living creature, the lethal effects of that injection rarely impair the entire biology of that creature evenly. Some organs are more damaged than others. Same with inflation.
Don’t sell yourself short, Steve. I’d be willing to bet that an 11th grade Vodkapundit had more sense than most of the Biden* administration’s team
And probably more ethanol as well.