Just yesterday the Wall Street Journal carried a piece prescribing a practical solution to combat inflation.
We
know that Biden’s catastrophic misgovernance has placed great hardships on
Americans on several fronts.
Crippling
inflation is among the gravest problems plaguing Americans.
It
affects all Americans irrespective of economic status and is particularly
punishing to the working class. For the past two years, the working class has
seen their savings deplete while the cost of living is rapidly risings.
When
Biden was inaugurated in January 2021, President Trump gifted him an
inflation rate of just 1.6%. It has to be remembered that it was when Covid-19
restrictions were still in place causing businesses to either be closed or
operate partially.
In
just two years, Biden not only undid the fruits of President Trump’s sterling
efforts, but he has also made it much worse.
Inflation
currently stands at 6.5%
Under
Biden, prices have gone up 4.3 times worse.
This
number is more troubling considering restrictions across the US have been
eased.
In
recent times, the news media is claiming that the economy is improving. For a
change they are factual, last year inflation was as high as 7.5% i.e.
Biden worsen Trump's economy by 5 times. The inflation was at its highest
in 40 years in January.
Now
it is slightly better, but the darkness still prevails.
Let’s
get into specific stated in the WSJ article by Gabriel T. Rubin
The
price of essential things such as bread, cheese, and meat has increased
anywhere from 10 to 30 percent.
Eggs
have jumped 49 to 70.1 percent more than they cost last year, which is the
largest annual rate since 1973.
Frozen,
noncarbonated juices and drinks saw a 1.5% increase in January compared to the
previous month, and the 12.4% yearly increase is the largest in more than ten
years.
The
price of breakfast cereal is 15% higher than it was last year.
Rubin
blames a 'perfect storm of bad weather and disease outbreaks—and continued
effects from Russia’s invasion of Ukraine.’
According
to Information Resources Inc, the deadliest avian-influenza outbreak on
record caused the devastation of poultry flocks across the country.
According
to the United States
Department of Agriculture, egg inventories across the US were 29% lower in
the final week of December 2022 than at the beginning of 2022.
All
of these factors caused the price of eggs to rise more than any other grocery
item in 2022.
The
rise of juices and drinks was attributed to Florida orange growers witnessing
their smallest crop in nearly 90 years, due to two hurricanes and a citrus
disease that is laying waste to its groves.
The
rising price of cereal was blamed on the elevated global grain prices resulting
from disruptions related to the
war in Ukraine.
Rubin
doesn’t blame Biden for any of these problem.
The avian-influenza outbreak is a
recent occurrence, so was the Florida Hurricane.
But
inflation was already high before that. The war in Ukraine began only when
Biden hastily withdrew from Afghanistan making the US look weak on a global
stage. It emboldened Putin to intervene in Ukraine.
So
the Wall Street Journal provides a solution?
Rubin
has the following solution:
“Breakfast
lovers might be better off just having a cup of coffee—but go with roasted, not
instant. Prices for roasted coffee declined by 0.1% last month, but instant
coffee rose by a 3.6% monthly increase for instant coffee.”
Let’s
look at this ‘solution’ from the health perspective.
Breakfast
is the most important meal of the day. As the name suggests, breakfast breaks
the overnight fasting period.
It
replenishes our energy levels and hopefully, it is balanced enough to provide
the essential nutrients required for good health.
There's
an old saying: “Breakfast like a king; lunch like a prince; dinner like a
pauper.”
Studies
have shown that those who consume most of their calories at breakfast lost
two and a half times more weight than those who had a light breakfast and
ate heavier meals later.
This
is because the energy consumed in the form of a good breakfast is expended
during the day of work.
Also,
starting your day being hungry can never be good. It often leads to hanger i.e.
hunger causing anger.
Hence
it can be safely said that for most people, particularly those with regular
jobs, that begin in the morning and end in the evening, a good not heavy breakfast is
essential.
What
the piece could have stated as viable solutions to deal with inflation.
Perhaps
reducing overall expenditure on recreational activities is the best way to
begin. It doesn’t mean you stop recreation altogether, you just reduce the
quantity. For instance, you visit the cinemas four times a month i.e. once
every weekend, instead of eight times. Perhaps you cancel your WSJ
subscription.
Perhaps
one avoids the number of times dining at a restaurant. Perhaps one cuts down on
the number of adult beverages. If eggs and meat are expensive people opt for
other sources of protein with pulses such as lentils, soya beans, etc., cottage
cheese, Greek yogurt, etc.
Perhaps
the usage of cash-back cards and apps is a good idea. Perhaps switching to
generic or local brands that have a good record is also a good idea. Perhaps
keeping an eye on special offers is a good idea too.
A
long-term way of saving money is to buy food items with long shelf life are
bought in bulk and avail of bulk discount rates.
Now
for the reactions to the preposterous piece
There
was obviously copious ridicule
https://twitter.com/SenJohnKennedy/status/1625896306764918801
https://twitter.com/JudiciaryGOP/status/1625878813920878592?r
https://twitter.com/dougboneparth/status/1625853770835070976
https://twitter.com/RepMarkPocan/status/1625904398265200661
https://twitter.com/bustelo4babies/status/1625908546230530057
What
is amazing is the piece even managed to get published in the WSJ. Clearly a
major publication such as the WSJ must have an intricate approval process for
any article. It is surprising that none in the approval hierarchy thought the
piece was unsuitable.
In
the end, in any country, especially the world’s only superpower, you would
assume that every working person has the earning capacity to afford the
essential meals of the day.
If
the likes of the WSJ are recommending the cutting down of the essentials, it is
time to press the panic button.
Perhaps
this is part of the Democrat project of having a permanent underclass that
remains dependent on the government for essentials and hence keeps voting
Democrat.
Joe
Biden is taking the US into the unchartered territory of suffering and
ignominy where regular people are being ordered to cut down on essentials while
the ruling class dedicates funds to myriad non-essential
activities.
History
has taught us that most popular revolutions are caused not only by rising prices
but the ruling classes’ insensitivity towards those who are struggling.
Some
may advise the working class to eat cake others may recommend avoiding
breakfast.
Also appears on American Thinker
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