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I always talk about how our democracy is under attack. As I have been reading this week I find that it may actually be more serious than I thought. We have what some will call runaway inflation. We seem to be paying more and more at the pump while the price of oil itself does not reflect the price we are paying. We have many Republicans of course pointing the fingers at Biden saying that this is his fault. I saw one person saying that if Trump was still President his 401K would not have gone down. I think what we have is people not wanting to fix a problem because it is to their political advantage to have things go badly. It seems like they feel if they help things to go bad that it is also to their political advantage. People are made to suffer so people can claim a political advantage. We have “no let’s work together” to fix anything because I want to make the other side look as bad as I can. No matter who wins it is the American people that lose. Politics are what is ruining the American dream and our Republic. 

I have written before that when it comes to our economy everything starts with oil. Oil touches everything that we do from the food we eat to the clothes we wear. That one industry welds a lot of power over our nation and our economy. Too much power in my opinion. Much of that power comes not from American corporations but from foreign countries and many of those countries are not that friendly with us. Because we are so dependent on oil that enables foreign governments and foreign corporations to manipulate our economy and our politics. Saudi Arabia murders a journalist and when they are called on it they just hurt our economy. Remember our prices really started to climb after Russian hackers disrupted the Colonial Pipeline. Our economy, in the hands of foreign governments, is not a good thing in my opinion. So why is this Biden’s fault? Does he really have that much power? Is it his fault because he questioned the Saudi’s on the murder? Is it his fault that Putin hacked our pipeline? What has happened in this country where others mean to do us harm and we blame the other party for political advantage. What is good for America is not always the goal of many politicians especially in the Republican Party and we have to vote those people out of office. Of course the problem is not unique to the Republicans. Look at Joe Manchin and Kyrsten Sinema, two Democrats that do not have the interests of the American people in the forefront of their decision making. We are made slaves to oil and the countries that control the oil by the very people that cry freedom during election time. One of the best things that could happen to our economy is getting all that bribe money out of Washington. 

I remember when we had runaway inflation back when I first entered the workforce in 1971. Nixon had inherited a damaged economy for the Vietnam War and the energy crisis. He passed the Economic Stabilization Act of 1970 that authorized the President to stabilize prices, rents, wages, salaries, interest rate and such. What do you think would happen today if a President had the power that was given and in some cases taken by the Nixon administration today? When I started working in 1971 I was making 2.92 an hour. The Steelworkers Union had negotiated a 50 cent an hour wage and we had to wait 6 months for it to be approved by the Nixon administration. That could never happen today but maybe it should. Biden inherited a mess just like Nixon did but Biden because of Covid not a war. People like to blame our President but he really does not have the power over the oil companies and the economy that were granted to Nixon. This was all predicted to happen, because of Covid and what it did to the world supply chain. Instead of working together for the good of the people, politics are being played and the American people are made to suffer worse. If Republicans want President Biden to do something about our economy they have to help give him the power to act. Instead they want to blame a man that has his hands tied behind his back so they may win more seats. 

When your manufacturing base is sent overseas and you have a worldwide pandemic your supply chain is going to be devastated. That is not rocket science. The fact that so much manufacturing left was not caused by Biden. That happened too many years ago and probably will not be corrected in my lifetime, if ever. We need people in Washington that will help not make matters worse for political gains. I can hear people now yelling “What about those Democrats”. I will admit that some of them should be replaced too but it was the Democrats that warned us that Covid was going to be a worldwide problem and not just something that would go away by April. You say they may have exaggerated the truth about Covid for political gain but did they really? Maybe it was that they gained a political advantage because the American voter was not being told the truth. A million people have died from Covid in America and I think almost 7 million worldwide with over a half a billion cases. 

Do we have a problem with our economy, yes, but blaming the President doesn’t fix a damn thing or identify that the problems will not occur in the future. The people blaming the President don’t want to fix the problem; they only want to win elections and get rich taking bribes. 

 

Economic Stabilization Act of 1970 - Wikipedia

 

Comments

  1. Very well said...

    ReplyDelete
  2. I agree with the majority of what you said.
    I’m tired of the games both sides play. Right now I’m voting Blue. The Corruption seems to lean to one side and it’s not Blue. Not perfect but workable at least there no knife, poison, gun or dangling paper work at my back.

    ReplyDelete

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