Great ‘toon. If anything will sink the 2024 election for Biden, and help democracy go flush, swirly in America, it’s this. People tend to vote with their pocketbook. Especially those on fixed and limited incomes.
Corporations have to pass on their cost to survive but it is hard to stop them from doing the best they can for their stockholders by charging what the market will bear. That is why not much is still made in the US anymore. I guess the one’s still here believe in making hay while the sun shines. All I can do is boycott overpriced groceries and wait for BOGO sales because the stores have to do something to prevent you from going elsewhere.
Ignoring the little school bus children that would blame Biden if a bee stings them, the genesis of the majority of the initial inflation was the Federal Reserve’s 2020 FAIT plan that declared they would no longer try to prevent inflation with rate increases when unemployment was dropping. They also kept up QE too long and too late started QT. Covid and the Russian War were other major factors. Lesser inflation factors were the money resulting from the 2018 Tax Act and the $2.6 (2020) and $2.4 Trillion (2021) during Trump/Biden. The main factors currently keeping inflation at its higher level are a strong labor market, rising rents, and corporations raising prices more in the last 18 months than they did in the previous decade. That, children, is why consumer prices are higher.
I am speechless. This cartoon, coming from a staunch Hayek Libertarian Economics believer, has sent my cognitive dissonance detector into territory it may not be equipped to navigate.
Well. Maybe if the government spent more, got more IRS agents, raised the minimum wage to a ‘livable’ wage like $500 an hour, we could afford to buy food again? Our great, great, great grand children will be more than happy to pay back the government’s debt, I’m sure.
mr_sherman Premium Member 8 months ago
But unchecked capitalism is a_good_ thing.
Do I have to add the “/s”?
Quixotic1 8 months ago
If we all cheat and take advantage of each other, everyone comes out ahead, see?
braindead Premium Member 8 months ago
At last. A Republican cartoonist who acknowledges market concentration as a factor in inflation.
Well, sort of.
ncrist 8 months ago
victory gardens and community produce trade.
Walter Kocker Premium Member 8 months ago
That’s the wrong finger . . .
Al Fresco 8 months ago
Mislabeled. Bidenomics
sevaar777 8 months ago
Great ‘toon. If anything will sink the 2024 election for Biden, and help democracy go flush, swirly in America, it’s this. People tend to vote with their pocketbook. Especially those on fixed and limited incomes.
knutdl 8 months ago
Eat the rich!
ibFrank 8 months ago
The way to lower prices is not to buy.
Old recluse 8 months ago
Corporations have to pass on their cost to survive but it is hard to stop them from doing the best they can for their stockholders by charging what the market will bear. That is why not much is still made in the US anymore. I guess the one’s still here believe in making hay while the sun shines. All I can do is boycott overpriced groceries and wait for BOGO sales because the stores have to do something to prevent you from going elsewhere.
aristoclesplato9 8 months ago
Bidenomics.
tpcox928 8 months ago
Insiders are blowing the whistle on these CEOs, but no one wants to report it.
thelordthygod666 8 months ago
Ignoring the little school bus children that would blame Biden if a bee stings them, the genesis of the majority of the initial inflation was the Federal Reserve’s 2020 FAIT plan that declared they would no longer try to prevent inflation with rate increases when unemployment was dropping. They also kept up QE too long and too late started QT. Covid and the Russian War were other major factors. Lesser inflation factors were the money resulting from the 2018 Tax Act and the $2.6 (2020) and $2.4 Trillion (2021) during Trump/Biden. The main factors currently keeping inflation at its higher level are a strong labor market, rising rents, and corporations raising prices more in the last 18 months than they did in the previous decade. That, children, is why consumer prices are higher.
cdward 8 months ago
Gotta agree — corporate capitalism is a big part of the problem. There are other, healthier forms of capitalism. Corporations have way too much power.
Retrac Premium Member 8 months ago
Include colleges and universities. And, of course, Taylor Swift, LLC.
lsnrchrd.1 Premium Member 8 months ago
I am speechless. This cartoon, coming from a staunch Hayek Libertarian Economics believer, has sent my cognitive dissonance detector into territory it may not be equipped to navigate.
Stat_man99 8 months ago
Not all is corporate greed. Most is Biden policies.
Nantucket Premium Member 8 months ago
Search for “The Critics of Bidenomics Are Being Proven Wrong”
kaffekup 8 months ago
Where’s Stantis, and what have you done with him? He’d never publish socialism like this!
Rich Douglas 8 months ago
I thought this was Biden’s fault? You mean those people saying that were lying?
AtomicForce91 Premium Member 8 months ago
Yes, it has absolutely nothing to do with inflation and uncontrolled government spending alongside handouts.
Bill.Franklin 8 months ago
Well. Maybe if the government spent more, got more IRS agents, raised the minimum wage to a ‘livable’ wage like $500 an hour, we could afford to buy food again? Our great, great, great grand children will be more than happy to pay back the government’s debt, I’m sure.