It is tragically ironic that so many Americans can’t tell the difference between a government headed by dictator and one headed by a President. We set up a complicated system of government with three branches to ensure separation of powers, two houses of Congress to pass laws and budgets, a President who is responsible for proposing the federal budget and implementing and enforcing those laws, all based on a Constitution that ensures that government, ‘of the people, by the people, and for the people, stays separate from religion and from business. We created this government because we didn’t want a dictator or king running things to suit himself. And now we constantly complain when our President doesn’t just ignore our system of government and our established laws and ‘do something to fix things’. Right now. He is not a dictator who can act alone and our government does not control business — our Constitution makes sure of that. Our economy is a mixture of capitalism and socialism, embracing economic freedom when it comes to capital use (business 101: the goal of a business is to make money), but allowing government intervention for the public good (e.g., health and safety regulations). Our President and our entire government is somewhat limited in what it can do about inflation. Business has much more power in that regard — it could, for example, put the welfare of people ahead of profit and only raise prices the amount needed to cover costs [postponing their record-breaking profits until it is less insulting to the general public]. It could figure out a more equitable way of paying workers [In 2020, the ratio of CEO-to-typical-worker compensation was 351-to-1; that is up from 307-to-1 in 2019 and a big increase from 21-to-1 in 1965 and 61-to-1 in 1989] so more workers can actually afford to own homes and send their kids to college.
Lou Nattic, né Stan C almost 2 years ago
It’s a real shame that so many voters believe this simplistic cause/effect scenario is a valid representation of reality.
ncorgbl almost 2 years ago
Everyone knows by now that inflation is world-wide, not just in the U.S. Inflation here is much lower than most elsewhere.
nyg16 almost 2 years ago
yeah so what can the GQP do about it?
GreenT267 almost 2 years ago
It is tragically ironic that so many Americans can’t tell the difference between a government headed by dictator and one headed by a President. We set up a complicated system of government with three branches to ensure separation of powers, two houses of Congress to pass laws and budgets, a President who is responsible for proposing the federal budget and implementing and enforcing those laws, all based on a Constitution that ensures that government, ‘of the people, by the people, and for the people, stays separate from religion and from business. We created this government because we didn’t want a dictator or king running things to suit himself. And now we constantly complain when our President doesn’t just ignore our system of government and our established laws and ‘do something to fix things’. Right now. He is not a dictator who can act alone and our government does not control business — our Constitution makes sure of that. Our economy is a mixture of capitalism and socialism, embracing economic freedom when it comes to capital use (business 101: the goal of a business is to make money), but allowing government intervention for the public good (e.g., health and safety regulations). Our President and our entire government is somewhat limited in what it can do about inflation. Business has much more power in that regard — it could, for example, put the welfare of people ahead of profit and only raise prices the amount needed to cover costs [postponing their record-breaking profits until it is less insulting to the general public]. It could figure out a more equitable way of paying workers [In 2020, the ratio of CEO-to-typical-worker compensation was 351-to-1; that is up from 307-to-1 in 2019 and a big increase from 21-to-1 in 1965 and 61-to-1 in 1989] so more workers can actually afford to own homes and send their kids to college.
hoot1 almost 2 years ago
MD…Sage and observant.
FrankErnesto almost 2 years ago
Gosh, darn, we didn’t know prices were up. Thanks, Matt.