The OTHER Elephant in the Room

by Robert Archerd, November 6, 2022

I posted a piece two days ago that mainly compares how the U. S. has fared in terms of both crime and the economy under Republican versus Democratic administrations, primarily since WWII.

And the data strongly supports the premise that America generally does better in both areas with Democrats in the driver’s seat. We also looked into some of the likely reasons for this discrepancy. But what we didn’t do is examine data on America’s current economy, under the Democratic administration of Joe Biden — which you most likely noticed . Well, there’s method to this madness. Since inflation is its own stand-alone mega-issue, mixing all those other concerns in with it, important as they may be, leaves them stifled by inflation’s sheer dominance.

I therefore intentionally saved it for its own uninterrupted space. So, about that, economic growth has been predictably slow, domestically as well as everywhere else. According to the Heritage Foundation, the Washington D.C.-based conservative think tank, we nevertheless still have the fastest growing economy among the top global powers. But, best or not, we are nevertheless experiencing the worst inflationary period since 1981, all appearing to have begun with the Covid-19 Pandemic and its related supply chain issues. And of course we have the coinciding skyrocketing gas prices to deal with, which appears to be its own problem (probably due mainly to Big Oil’s greed).