During the COVID pandemic when everybody was freaking out about the economy our printing presses were issuing money at breakneck speed. Politicians had no idea how, where, what, the long-term effect would be. All politicians wanted to do was shove money in people's pockets immediately and damn the long-term consequences.
Here's the problem. Politicians don't see anything long-term except getting re-elected and holding onto power. Politicians will tell the people ANYTHING to get a vote not unlike a like a guy trying to get a girl into bed.
Here's where I'm going. All this funny money the government issued and distributed has all come home to roost in the form of skyrocketing inflation. I called it a long time ago. Of course, I was called an austere, salty beach. LOL. (exiting soapbox)
On a lighter note, yes, we are all experiencing the pangs of inflation. Our 10% raise sounded GREAT - until inflation swallowed it up like a frog with a June bug. A raise is only a raise if everything else remains constant or prices move lower. What people really want is not a raise, but rather increased purchasing power. There's a big difference. Purchasing power is a lot harder to manipulate and control than throwing money at problems and people.
Here's a little ditty from one of my favorite UNDER rated bands. It's called Low-Budget. I think we all can relate in this inflationary environment.
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