Inflation worries

[LymphocyteLover]

Yesterday we went grocery shopping and it felt odd. Everyone seemed grim and in a sour mood. Because of the way my brain works these days, I could only imagine people walking around, being upset about the higher cost of food and blaming Biden and the Dems... and this depressed me as a bad omen for the midterms, where our democracy is truly on the line. Hopefully this was more my imagination and my general mood than reality.

But I really worry about inflation and that people are hurting and deciding that electing fascists is some kind of solution.
I wish more people understood that there is terrible global inflation right because of the Russian invasion of Ukraine, climate disaster and the lingering pandemic, and that actually inflation is better here than most places, because of the policies of the Biden administration.

But of course the news media won't emphasize that, and of course treasonous fascist FoxNews will blame Dems and I worry people will think Republican fascists are going to solve their problems. God help us.

[multigraincracker]

1. I've been thru this before, only now I'm on a fixed income.

I've just changed what I buy. Pretty easy to give up eggs until they come down again. Gas is my biggest problem, but I've given up about 25% of the miles I use to drive. because I've seen it all before, I know it'll slow down and we will have a normal life again.
I've been thru Reagan and Nixon too. They went away too.

[Celerity]

2. This is not likely in vast swathes of the US populace:

I wish more people understood

Wilful ignorance is the order of the day for 100 million plus.

[LymphocyteLover]

11. Especially when they watch FoxNews

[Celerity]

20. And News Max, OANN, and then their toxic social echo chamber clusterfucks

on FB, Truth Social, Gab, Telegram,TikTok, Twitter, etc etc

Plus NEVER forget those tens of thousands of shithole RW xianfash churches.

[Dirty Socialist]

3. Inflation IS a problem

But a main driver is monopolies. Biden is trying to bust them up, but the REPUBLICANS won’t let him. Why isn’t this common knowledge?

[jimfields33]

4. Republicans shouldn't say anything

We have the majority in both houses and the presidency. We pretty much can pass whatever the hell we want just as California does. Yes we have two wobbly Democratic senators, but breaking up monopoly might be something they would be cool with. Have we ask them?

[Dirty Socialist]

9. Sinema is in bed with Big Pharma

I am not sure with the meat packers though

[LymphocyteLover]

10. actually we can't pass much as long as the filibuster is intact and it's clear Repugs don't want to

break up any monopolies.

[hardluck]

17. Which monopolies are the administration trying to bust up

Is there actually a concerted effort on the part of this administration to bust up monopolies? I haven’t seen that.

[Dirty Socialist]

19. Some executive orders

https://www.newyorker.com/news/our-columnists/the-biden-antitrust-revolution

[hardluck]

23. Looks like an interesting article

Thank you.

[MichMan]

28. Article is over a year old

Wonder what actions have occurred taken since it was written?

[Amishman]

27. The main driver is how much money was created.

From Jan 2020 to now, we increased the amount of money in circulation by 40%, almost all of that via the federal reserve's QE purchases.

We're fortunate inflation has only been this bad. There is a lot of inflationary pressure because of that gap between realized inflation and the potential from the increase in the money supply.

[David__77]

5. The thing is...

Do people believe that, in general, everything is being done to support economic growth?

I think there are an awful lot of voters who will support the candidates they believe are committed to growth, economic development. It can be green- it better grow.

[LymphocyteLover]

12. Good question... I certainly think this administration is doing what it can

[rurallib]

6. you left out unabashed corporate greed in your list of causes

[bluecollar2]

7. Where in the country are you?... n/t

[LymphocyteLover]

13. Indiana

[bluecollar2]

22. I don't see that so much

I'm in South Florida
It's hard to feel the pulse...so many divergent interests.

[LymphocyteLover]

24. it's certainly possible it was my imagination but my area is 60% red and how they think is not

much of a mystery

[MichMan]

8. If Trump was president, we would be blaming him and Republicans every day

Just how it goes for whomever is in charge.

[LymphocyteLover]

15. Probably though I'd like to think I wouldn't blame them for things that aren't exactly their fault

[leftyladyfrommo]

14. It's all Biden's fault is what I hear here in KCMO.

And you can't tell them otherwise so you might as well not try.

[LymphocyteLover]

16. Kansas City?

[leftyladyfrommo]

18. Yes. Kansas City. MISSOURI

[captain queeg]

21. I don't understand average people believing a rethug government will make their lives better i

It makes some sense for the wealthy to feel that way. Obviously are paying less taxes. The govt has been spending way more than revenues since Clinton. Instead of staying on a reasonable fiscal path the rethugs always want less taxes for the wealthy. We need to hang on to our majorities. And expand them. It’s going to take years to get things turned around but we have to make it thru this next election.

[IcyPeas]

25. and Lara Trump on fox says none of this would've happened under Trump

Ukraine wouldn't have happened

higher gas prices wouldn't have happened

the border would be closed ..... and therefore we wouldn't have rainbow fentanyl coming across the border

and that is what they hear on fox news all day, every day!

repeat

repeat

repeat

[LymphocyteLover]

26. ugh... though I will say if T**** were still POTUS, it's possible Ukraine would have been completely

taken over by Russia fairly quickly and maybe the economic hit on gas would have been less... but OTOH Putin would be much stronger and Ukraine would be run by a fascist and god knows what other havoc the two would try.

The border claims are all crap.