In a recent interview with CNN, Kamala Harris said that Bidenomics is working and that she is “proud of bringing inflation down.”
However, the Bureau of Labor Statistics published the latest CPI at 2.9%, despite annual inflation being 1.4% when she took office. Inflation is a disguised tax and accumulated inflation since January 2021, when the Biden-Harris administration started, has increased more than 20%.
The reality is that the Kamala Harris plan, like all interventionist governments, creates and strives for inflation. Inflation is a hidden tax. Governments love it and perpetuate it by printing money through deficit spending and imposing regulations that harm trade, competition, and technological creative destruction. Big government is big inflation.
Inflation is the way in which the government tricks citizens into believing that administrations can provide for anything. It disguises the accumulated debt, quietly transfers wealth from the private sector to the government and condemns citizens to being dependent hostages of government subsidies. It is the only way in which they can continue to spend a constantly depreciated currency and present themselves as the solution. Furthermore, it is the perfect excuse to blame businesses and anyone else who sells in the currency that the government creates.
Kamala Harris will do nothing to cut inflation because she wants inflation to disguise the monster deficit and debt accumulation. In the latest figures, the deficit has soared to $1.5 trillion in the first ten months of the fiscal year. Public debt has soared to $35 trillion, and in the administration’s own forecasts, they will add a $16.3 trillion deficit from 2025 to 2034. It is worse. The previously mentioned figure does not include the $2 trillion in additional debt coming from Kamala’s economic plan.
MORE:
www.zerohedge.com/political/why-kamala-harris-will-not-bring-prices-down-her-plan-needs-inflation
No foreign policy experience, no domestic policy experience, no business experience. She offers nothing! pic.twitter.com/yCx63nZ60m
— 🦅🇺🇸Animal🇺🇸🦅 (@animal_600) September 3, 2024
Thank a Democrat pic.twitter.com/J98uBzTlyh
— ATX Irish Gal 🙏🏼🇺🇸❤️ (@Notmyfault99) September 2, 2024
No you are the same commíe that wants to ruin our lives! Plain and simple! pic.twitter.com/jJ1alarR1g
— Kathleen Winchell ❤️🤍💙🇺🇸🇺🇸 (@KathleenWinche3) September 2, 2024
This gentleman understands the issues. Kamala, on the other hand, only cares about abortion! Why dont the Democrats push contraception instead of abortion? Is it because there's more money in baby parts?🤔 pic.twitter.com/NFHxXmlZRL
— 🇺🇸Steve2A🇺🇸God🇺🇸Family🇺🇸Country🇺🇸 (@lakemonstercl1) September 3, 2024
Let’s flush this hazardous Commie waste down the sewer where it belongs!! pic.twitter.com/QZSCJ8DI5I
— 💥Hank💥 (@HankishTwitZone) September 2, 2024
Eww. @KamalaHarris is a giant turd in the punch bowl of America. 💩
— 𝓒𝓸𝓷𝓼𝓮𝓻𝓿𝓪𝓽𝓲𝓿𝓮𝓓𝓲𝓿𝓪™ (@1776Diva) September 3, 2024