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The Clintons perfected the 3-D communications strategy, Delay, Deny, Deceive. The Biden Administration has added a 4th D – Define. For example, look at how the Biden Administration has handled the Inflation issue.
1) Delay – for the first year, inflation was transitory and just the result of supply chain issues… Wait it out.
2) Deny – Its oil prices. The president doesn’t have a magic lever to control the price of oil; there’s not much he can do.
3) Deceive – Biden can no longer stand still and wait for the markets to reach price equilibrium on their own. So Joe Biden must appear to do something. So a fire sale of the strategic oil reserve and a quick trip to the Middle East where he pointlessly meets with pariah heads of state. All efforts in the appearance of reducing the price of oil (with little to no expectation that these ‘efforts’ would ever be successful.) To show how serious the Biden Administration is on lowering the price of oil, the Bureau of Land Management canceled all drilling and exploration leases in Wyoming.
4) Define – The economic contraction you’re experiencing as a result of the mismanagement of the Biden administration is NOT, in fact, a recession.
All economics is theoretical until you experience them, Inflation, Recession, Unemployment, and Poverty are all theoretical until you find yourself in these conditions. That your once generous welfare checks no longer purchase, rent, electricity, and chicken in the same month.
My congresswoman, Seattle Progressive Pramila Jayapal, thinks "inflation is like a theoretical word that economists use."
Send help. pic.twitter.com/83Udsuwu58
— Jason Rantz on KTTH Radio (@jasonrantz) August 12, 2022
If only Frederick Fleet had identified a large runaway mothball instead of an iceberg, the Titanic would have been just fine.Published in