- Oct 31, 2012
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The entire world is suffering from inflation. To ignore how the world economy was shut down that caused inflation, is a mistake, so is the worldwide war on fossil fuels that also cause inflation. Spending also is a culprit. You put them all together, and here we are!We have to address the elephant in the room, rent seeking. First, all income is taxed the same. Ronald Reagan was a strong proponent of that very concept. Second, stock buybacks should be eliminated, as they were prior to Ronald Reagan. It is market manipulation, plain and simple, and it needs to be stopped.
Was it all Joe Biden's fault? No, but he is supported by the folks that did this and he supports them. Trump also participated.