Gary Varvel for April 14, 2022

Sure. Of COURSE anything uncomfortable is all Biden’s fault. Despite any tinge of reality.

Only the most delusional people still believe the lie that Biden is the beginning, middle and end when it comes to GLOBAL inflation.

Must be orders from the RNC. The republicans are getting ready for the midterms, so everything bad is Biden’s fault, and they will take credit for everything good, no matter who is actually responsible.

Wrong on so many levels. As inflation peaks, as it is expected to do in the USA and fall rapidly, are you going to give Biden credit for controlling, and even reducing inflation?

Last January 2020, the US Federal Reserve had around $4 trillion dollars, which is around 40% of US dollars in existence were printed in the last 12 months. Past forward to this day, things have changed drastically as the Fed has accelerated money printing, bringing it to nearly 80% of all US dollars in existence.

No wonder inflation is out of control.

“Let me be clear, inflation is a tax and today’s historic inflation data tells another chilling story about how these taxes on Americans are completely out of control. Hard-earned wages and financial savings are disappearing faster every month as prices continue to climb, while the pain and frustration of spending more on everyday items lingers over us all, especially among those who can afford it the least.” — Senator Joe Manchin

Biden: “Inflation is good. Inflation is transitory. Inflation is because of Wall Street. Inflation is because of Putin. Inflation is a global thing. But it is not my fault even when I set policy”.

Well, never let it be said that Varvel isn’t boring.

Inflation is up, so we need another Tax Cut for the rich.

Most people forget that the last time inflation was this high (but even higher) was during the Presidency of the last Republican Savior Ronald Wilson Reagan (666)

Mr. Potato Head, Dr. Seuss, Governor Abbott’s truck inspections seem to be more important

Varvel, wholly inaccurate and divisive. Not even controversial, just wrong. Not funny or ironic. Shabby, cheap work.

It seems to escape the Slo Joe Worm and his supporters that inflation is cruel in a special, regressive way. It hits low-income families harder than everyone else. Come to think of it, that’s not the only thing that escapes them.

Every decision Dementia Joe has ever made in his life has been wrong, totally incompetent

Varvel continues to peddle the fantasy that Biden is responsible got GLOBAL inflation while also saying Biden hasn’t the power to do anything. Speaking out of both sides of his keister and still only spews crap.

The current inflation situation in the US wouldn’t have anything to do with the former president doling out trillions in Cares Funds to corporations, airlines, energy companies, big timber, big coal and other top feeders during 2020 would it? Inflation is never an immediate result of policy but an effect felt sometimes years later from poor economic decisions and policy. Protect the stock market so it was still strong in November 2020 was the mantra of the former administration, now we all pay with higher prices.

How U.S. Inflation Compares to Other Countries“My sources and more: The Washington Post and Pew Research are a good starting point for a description of the world’s inflation. Then, this European Parliament Report provided more insight while The Economist Big Mac Index gave us a different twist.”

https://econlife.com/2022/02/global-inflation/

Before the monetarists go further with their charges of Biden’s “printing massive amounts of money starting in 2021” nonsense, please look at the M1 chart and explanation of the apparent increase in M1 supply: https://fredblog.stlouisfed.org/2021/05/savings-are-now-more-liquid-and-part-of-m1-money/?utm_source=series_page&utm_medium=related_content&utm_term=related_resources&utm_campaign=fredblog As you can see, the change in definition results in a dramatic increase. If you look at the blue line (M1 with unchanged definition), you will see a very slight increase in supply. And, btw, the change was made during trump’s time in the WH.

8.5 % and probably closer to 15%…………..33% “approval” for quidproJoe 4/13/22

Inflation isn’t just an American problem, it’s a global problem. If you think gas prices are bad here, they are really bad in Europe and Asia. Especially if you consider the fact that in Europe and Asia, gas is sold by the Liter instead of the Gallon. With the economy growing, and people reclaiming their lives, prices are bound to rise. In 2020, gas was at record lows but no one was going anywhere (except maybe delivery people and first responders). Hopefully, Covid rates will start going down again in China and other outsourcing countries and the supply bottlenecks will ease over the next few months.

Remember the last time gas was over $4.00/gal? First Bush then Obama bailed out Wall St. It’s not Biden eating the dollar, it’s the billionaires.

Gee, I didn’t know that Biden had so much power over the world economy. Can’t see beyond the end of your nose can ya

Gary, what would you have Biden do? What would Republicans do if they were in charge?