May 12, 2021
Welcome Back, Carter?
By Eric Utter
Welcome back, Carter.
Anyone want to party like it’s 1979? Okay, at least in 1979 we weren’t locked down, masked up, and socially distanced. But, other than that, there wasn’t much to celebrate. The economy was in the tank, inflation was rampant, gas lines were long, daubers were down, and no one in the White House knew what to do about any of it. A new term had to be coined for something thought impossible/oxymoronic…”stagflation.” Yes, even as the economy was slowing down, inflation was rampant, an unprecedented pairing of economic indicators.
And today? The economy is in the tank, inflation is rampant, gas lines are getting long in some areas, daubers are down, and no one in the White House knows what to do about any of it. It may be worse than that. It may be possible that no one in the White House wants to do anything about any of it because it is part of the plan, the Great Reset, the elite’s desire to take the U.S. down a peg while/by reducing greenhouse gases -- and increasing intersectionality, multiculturalism, critical race theory, and other noxious forms of political correctness.
Another unprecedented economic event has occurred: rising unemployment in a time of acute labor shortage. Only leftist policy prescriptions can yield truly miraculous outcomes such as this. Sagging economy and rising inflation, rising unemployment, and severe labor shortage.
more
https://www.americanthinker.com/blog/2021/05/welcome_back_carter.html
