Our first clue to the key was when-in response to exploding fuel prices, we were told to “just go buy an electric car.”
Wow, just like that-problem solved! We can now move on to the problem of homelessness (“Just go buy a house.”), world hunger (“Just go eat something.”), and our current system of Gum’Ment (“If I only had a brain…”)
I exaggerate frequently for shock value and hooking interest; lately, this job has become a LOT more difficult, as these guys aren’t leaving me anywhere to go…
And what is the answer to prices going into the stratosphere (we have, admittedly, printed almost 80% of our historical M1 money supply in the last year or so…)?
Wait for it…Our Government’s Going to Tackle Surging Prices With… More Free Money!
With inflation reaching 8% and petrol prices in certain regions of the country topping $6 per gallon, the government’s clever minds have devised a solution: send more stimulus checks!
So, HOW are we going to address the additional $5200 the majority of us will have to cough up this year?
Governor Newsom of California wants to spend $11 billion to distribute $400 checks to every car owner in the state.
Maine’s governor will send $850 checks to people, dispersing some of the state’s budget surplus, “in the face of record high inflation and rising oil.”
At the federal level, one legislator has proposed a “windfall profit tax on excessive corporate profits” in the oil and gas business, with the earnings going back to the people of the United States in the form of a tax rebate.
Another law proposes that if gas prices average more than $4 per gallon in 2022, each taxpayer will receive $100 (plus $100 for each dependent).
Not sure how $100 is going to do a lot, but I guess I shouldn’t be mistrustful with the great job their decisions have afforded us up until now.
Strangely enough, I hear NO conversations about reducing the gas tax, or dropping some of the subsidies to the oil/gas conglomerates.
It’s great! Refuse to accept that producing the money required to give nearly $3,000 in stimulus checks to each American between 2020 and 2021 contributed to inflation. Then do it all over again!
Then, when gas reaches $8 per gallon and inflation reaches 16 percent, we may repeat the process.
One warning: much like taking heroin, the first one may be free. But the next one is going to cost you.
Oh, my goodness I almost forgot-you are going to have to increase the frequency of the dose!
And the amount.
Unfortunately, what your body can take isn’t going to change that much-enjoy!