May 20, 2022
First World Countries Don't Have Baby Formula Shortages
By A.J. Rice
When Joe Biden became president, the United States was coming out of the worst pandemic in more than a century. The country needed a steady hand who could unify everyone. Biden promised to be that kind of president.
But instead of implementing sound policies, Biden trashed the country. He declared open war on the U.S. energy industry on day one. He also pushed plans to print trillions more dollars and pump them into the ailing economy. It doesn’t take Warren Buffet to predict the impact of just those two decisions. It doesn’t take Jeff Bezos to recognize where this would end up, but belatedly Bezos has. Biden now finds himself lashing out at someone who is merely observing reality.
Squeezing the supply of the energy on which the modern economy depends while demand rebounded from the Democrat pandemic lockdowns would inevitably push energy prices higher. That’s middle-school level economics. Pumping trillions in funny money into the economy would make the dollars already in circulation -- and in your bank account -- worth less than they were worth yesterday.
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https://www.americanthinker.com/articles/2022/05/first_world_countries_dont_have_baby_formula_shortages.html
