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WARNING!!! Fact-Allergic Trump Trolls may explode. | "EVERY MAJOR WAR IN THE PAST CENTURY BROUGHT INFLATION TO SOME DEGREE. AND SO DID TWO UPHEAVALS IN THE MIDDLE EAST, THE YOM KIPPUR WAR OF 1973 AND THE IRANIAN REVOLUTION OF 1979, WHICH DID NOT DIRECTLY INVOLVE THE UNITED STATES, EXCEPT THROUGH THEIR EFFECT ON THE PRICE OF OIL."--ECONOMIST JAMES GALBRAITH, 2004; RUSSIA'S WAR AGAINST UKRAINE IS THE LARGEST WAR IN EUROPE IN 75-YEARS, DISPLACING TENS OF MILLIONS OF PEOPLE AND TAKING HUNDREDS OF BILLIONS OF DOLLARS OUT OF THE WORLD'S ECONOMY. THE REPUBLICANS DIDN'T BLAME NIXON FOR FIVE YEARS OF RUNAWAY INFLATION BUT BLAME BIDEN FOR ONE YEAR OF PUTIN'S INFLATION. | image tagged in politics | made w/ Imgflip meme maker
113 views 5 upvotes Made by LarryCaird 2 years ago in politics
13 Comments
2 ups, 2y,
1 reply
Biden regime responsible for worst inflation in over 40 years and libs don't care... smh
3 ups, 2y,
3 replies
"One can say without exaggeration that inflation is an indispensable means of militarism. Without it, the repercussions of war on welfare become obvious much more quickly and penetratingly; war weariness would set in much earlier."--Ludwig von Mises, 1919
3 ups, 2y
"If I had intended to cheat, would I have been so stupid?…I value my word above all else."

– Joe Biden
2 ups, 2y
"You know, there’s a uh, during World War II, uh, you know, where Roosevelt came up with a thing uh, that uh, you know, was totally different than a, than the, the, it’s called, he called it the, you know, the World War II, he had the war – the War Production Board."

– Joe Biden
1 up, 2y
Elections have consequences. Stolen elections have catastrophic consequences.
2 ups, 2y,
3 replies
Well, that's because of Biden's policies and his spending of our money like a drunken sailor on his first liberty.
The Worlds economies realize that with this dementia-addled douche in office nothing is going to get better.
His energy policies are also to blame, not to mention his foreign policy vis-a-vis Ukraine, also fuel inflation.
He is doing his dead-level best to get us in a nuclear exchange with Russia.
All this because of his and his son's involvement in the corrupt Zellenskyy government.

Nixon inherited his war from Kennedy and Johnson.
0 ups, 2y,
1 reply
Eisenhower*
1 up, 2y,
1 reply
gesundheit
0 ups, 2y,
1 reply
The American commitment to defend Vietnam against "communism," was made by President Eisenhower in 1954. The South East Asia Treaty Organization happened on his watch. It compelled us to use military force to keep Vietnam free from "commies."
1 up, 2y
yes
1 up, 2y,
1 reply
Worst administration in history?

Real wages under Biden have declined for a record 18 months. This means that US incomes have been below inflation since the start of 2021
0 ups, 2y
"Despite a $200 billion deficit, a $9 trillion debt, $5 trillion in outstanding debt instruments held by the public, a federal budget of $3 trillion, and falling tax receipts in 2001, Bush contemplated a war that has cost $525 billion dollars — or $4,681 per household. Imagine if he had gone to the American people to request that. What would have happened? I think we know the answer to that question. And those are government figures; the actual cost of this war will be far higher — perhaps $20,000 per household."--Libertarian Economist Lew Rockwell 2008

A gallon of gas cost $1,53 in 2001 and $2.64 in 2006. That is about a 70% increase in the cost of gas. Other commodities saw similar inflationary jumps. Bush got a pass from Republicans, also.
1 up, 2y
Nixon got elected the first time because he had a "Secret Plan to end the War." The secret plan was that he had no intention of ending the war. Inflation was so bad, that he instituted the first ever peacetime wage and price control board. For his entire 6-years in office he did nothing but fan the flames of inflation. At least Ford had his WIN (Whip Inflation Now) program. I wish I had kept the WIN button I got as a handout at the store. Carter allowed interest rates to go through the ceiling and inflation was killed. His re-electability was collateral damage.
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"EVERY MAJOR WAR IN THE PAST CENTURY BROUGHT INFLATION TO SOME DEGREE. AND SO DID TWO UPHEAVALS IN THE MIDDLE EAST, THE YOM KIPPUR WAR OF 1973 AND THE IRANIAN REVOLUTION OF 1979, WHICH DID NOT DIRECTLY INVOLVE THE UNITED STATES, EXCEPT THROUGH THEIR EFFECT ON THE PRICE OF OIL."--ECONOMIST JAMES GALBRAITH, 2004; RUSSIA'S WAR AGAINST UKRAINE IS THE LARGEST WAR IN EUROPE IN 75-YEARS, DISPLACING TENS OF MILLIONS OF PEOPLE AND TAKING HUNDREDS OF BILLIONS OF DOLLARS OUT OF THE WORLD'S ECONOMY. THE REPUBLICANS DIDN'T BLAME NIXON FOR FIVE YEARS OF RUNAWAY INFLATION BUT BLAME BIDEN FOR ONE YEAR OF PUTIN'S INFLATION.