Joe Biden’s coming Inflation “solution”

At some point Joe Biden is going to have to realize that the Inflation sparked by his profligate spending and deep misunderstanding of the underpinnings of our Economy is causing real problems for the implementation of his agenda, to say nothing of his re-election, and he’s going to decide that he has to do something about it.

Not “fix it” of course, HAHAHA I mean come on, he has no idea how to do that… but he’s going to DO something about it, by God.

Which raises the question, what will he do?

WHEN YOU’RE LOSING, CHANGE THE RULES…

Obama was a master of this technique. We had inflation during the Obama years too, as well as rampant unemployment. And once Obama realized he had no real good ideas about how to fix either one, he decided to embrace changes in the way those statistics were reported, in order to hide reality. They did things like remove the most volatile staple products (ground beef, for example) from the Consumer Price Index to smooth out inflation spikes. Or they would decide that, after a certain period of time, an unemployed person would simply no longer be counted when calculating the Unemployment Rate. It wasn’t that those people got jobs, it’s just they they didn’t “count” as unemployed anymore because… reasons.

In this way the Labor Dept could regularly drop a large number of unemployed Americans from their calculations even as more people rushed in to join the ranks of the Unemployed. What we got out of the deal was an Unemployment Rate that “seemed” more-or-less stable, even though more and more Americans were losing their jobs and staying unemployed for longer (the Labor Particpation rate, which kept going down even as the Unemployment Rate appeared to stay flat, was always a dead giveaway, despite Obama’s subterfuge).

And of course, Obama had a compliant media at his back to blow wind into his sails (and smoke up our asses). They dutifully, and uncritically reported the cooked numbers so as to mask Obama’s continued economic failures.

Look for Biden to try and employ this same technique, and for the lapdog Media to back his play as, in fact, they are already doing. It’s interesting to note, for example, that when the Unemployment Rate dropped into the 5%s under Obama, we were told by the Palace Guard Press that this was a good sign that the economy was improving, while here in the Biden Era, an Unemployment Rate that “unexpectedly” rises from 6% to 6.1%, we are assured, is proof of the same.

Hell, I should start writing the “George Was Right” entry for this one right now… I could wind up needing it sooner than I think.