One can only hope

[eagle7-31]

The Economic Balloon That May Finally End Progressive Leftism

The Laws of Economics are as immutable as the Law of Gravity, but few leftists grasp this fact. When it comes to the Democrats’ energy policies, I believe this immutability will finally be the Democrats’ downfall. People are reaching a pa...

www.americanthinker.com

but it is a steep price to pay when the demrats run the show and most everything into the ground with help from deep state GOP toads.

 

[eagle7-31]

The Economic Balloon That May Finally End Progressive Leftism

The Laws of Economics are as immutable as the Law of Gravity, but few leftists grasp this fact. When it comes to the Democrats’ energy policies, I believe this immutability will finally be the Democrats’ downfall. People are reaching a pa...

www.americanthinker.com

but it is a steep price to pay when the demrats run the show and most everything into the ground with help from deep state GOP toads.

The Laws of Economics are as immutable as the Law of Gravity, but few leftists grasp this fact. When it comes to the Democrats’ energy policies, I believe this immutability will finally be the Democrats’ downfall. People are reaching a pain point that the progressives can no longer deflect onto others.

Based on the progressive left’s detrimental influence on President Biden’s energy policies, the resulting accelerated inflation and energy-cost rise are very visible to average Americans. The administration acts as if there is no causal connection between the two. But what can we expect from people who work from feelings and not facts? Just like they are amazed when we defund police and don’t jail criminals and then crime rates spike. No connection.

One can postpone the fatal effects of violating the Law of Gravity by jumping from a high building (as opposed to jumping from a low one), but that postponement lasts only until the instant one meets the pavement. Believing you can fly by flapping your arms still ends in disaster. Thinking one can control economies, prices, and the environment by violating the laws of economics is just as mad. I compare economics to a water-filled balloon. When you squeeze the economy’s balloon here, it must pop out over there.

We see this in the Law of Supply and Demand. Shortages initially result in price rises and inflation, and things get even worse. Demand will be filled one way or another. For the right cause, say a short-term need to defend the US against an aggressor to protect us, citizens do make sacrifices, as we saw in World War II with rationing. But sane Americans won’t do it for progressive, leftist, or Marxist authoritarian causes.

The energy policies of progressives and leftists are aimed at cutting fossil fuel use and driving us to alternative sources. Even if we believe there are viable solutions, that transition will take decades. In the meantime, people must drive to work, and trucks still need to stock grocery stores. Interim replacement energy must come from somewhere, so shortages merely increase prices for no good reason, except perhaps to punish us.

 

[pknopp]

Pumping trillions into the markets for years causes inflation. Who is it that can not accept this basic economic principle?

 

[eagle7-31]

Pumping trillions into the markets for years causes inflation. Who is it that can not accept this basic economic principle?

Good question. Seems like most of our DC gang in BOTH parties.

 

[pknopp]

Good question. Seems like most of our DC gang in BOTH parties.

Correct. Economic ignorance has no party preference.