No. of Recommendations: 13
we spent 4 years jacking up prices on anything from your milk to Big Mac to your car......and now we're bragging about how this year we'll only jack it up 2-3%.
Who's we? Government doesn't jack up prices, businesses do, in response to supply and demand. The inflation we experienced in 2022 was due to massive supply chain disruptions, post-Covid. This was a global phenomenon, not just the US. Inflation hit 11% in the UK last year, and it's still 6% YoY this year.
The Fed tries to fight inflation by raising interest rates to reduce demand. Government gives seniors a COLA increase on their Social Security checks every year, so they can keep up with inflation.
The out of touch snobby Wall Street Party - Democrats.
Biden marched with the UAW auto workers, joined their picket line, and they now have a tentative agreement with Big Auto for record wage increases. Republicans have always been anti-union, and I never saw a single one join the picket line in solidarity with the workers.
Don't forget, it was the Obama / Biden administration that saved the US auto industry from bankruptcy. They didn't have to, but they did.
Auto workers know which party looks out for them, and it ain't the Republicans.
Also, it's the Democrats who keep trying to raise the Federal minimum wage, and the Republicans who keep trying to shut it down.
And we now have Republicans saying that they'll need to cut Social Security benefits in future.
Democrats are the best party for the working and middle class.
