All errors should be reported to

Monday, December 27, 2021

Even a Democrat saw Bidenflation coming

In February, Larry Summers, Clinton's secretary of the treasury, tried to warn Biden about overstimulating the economy with the $1.9 trillion America Rescue stimulus. Summers said it would cause inflation.

Biden not only ignored that advice but later signed another trillion-dollar stimulus, and he is working on his $5 trillion BBB stimulus.

Inflation now is at a 40-year high. The dragon Reagan slew rises like a phoenix under Biden. Maybe inflation bought a couple of paintings by Hunter. Who knows? More likely, the 1%-ers who back Biden (Bezos, Gates, Buffett, et cetera) will rake while the 99%-ers struggle with the aftermath of his stimuluses. The economy is on a sugar high. We are printing up money backed only by the campaign lies of politicians.

The actual prediction of Summers was far from perfect.

He told Bloomberg TV, "I think there is about a one-third chance that inflation will accelerate significantly over the next several years, and we’ll be in a stagflationary situation, like the one that materialized between 1966 and 1969, where inflation went from the range of ones to the range of sixes. I think there’s a one-third chance that we won’t see inflation, but the reason we won’t see it is that the Fed hits the breaks hard, markets get very unstable, the economy skids downward close to recession. And I think there’s about a one-third chance that the Fed and the Treasury will get what they’re hoping for, and we’ll get rapid growth that will moderate in a non-inflationary way."

So two of his three predictions are bad, while one was neutral. No one would take such chances with their own money, but politicians only care about the next election.

Here we are, stuck in the '70s again. (The stagflation was 1976 to 1979. He got the decade wrong.)

Reagan cured inflation by raising interest rates, which hit 20% at one point. That drove down inflation but it also drove unemployment up. Despite this, he became the second president to carry 49 states.

From the Fall of Kabul to inflation, Biden is bound and determined to bring back the 1970s. He has Disco Fever, which means our economy may be headed for pneumonia. 


  1. Sooooo, it appears that we're being taken for a the DUMP? By the Dems...

  2. Like obama, biden believes he's the smartest guy in the room. Like obama, he only has the biggest ego and the smallest intellect. obama was good at reading teleprompter but biden can't even do that. Neither has the intellect to speak extemporaneously.

    1. Sotero has more ers and ums then real words when he speaks off the cuff. Trying to remember his lies and think up new BS. Biden’s words flow freely, but it’s pure BS.

  3. I don't know. There's still hope when you have a President that says, "Let's Go Brandon."

  4. Another one of those smart guys that looked down on the likes of Brandon that he was going to show how he was so much smarter.

  5. Summers threw out so many scenarios, one of them had to be right.

  6. 𝐈 𝐠𝐞𝐭 𝐩𝐚𝐢𝐝 𝐨𝐯𝐞𝐫 $𝟏𝟗𝟎 𝐩𝐞𝐫 𝐡𝐨𝐮𝐫 𝐰𝐨𝐫𝐤𝐢𝐧𝐠 𝐟𝐫𝐨𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝟐 𝐤𝐢𝐝𝐬 𝐚𝐭 𝐡𝐨𝐦𝐞. 𝐈 𝐧𝐞𝐯𝐞𝐫 𝐭𝐡𝐨𝐮𝐠𝐡𝐭 𝐈'𝐝 𝐛𝐞 𝐚𝐛𝐥𝐞 𝐭𝐨 𝐝𝐨 𝐢𝐭 𝐛𝐮𝐭 𝐦𝐲 𝐛𝐞𝐬𝐭 𝐟𝐫𝐢𝐞𝐧𝐝 𝐞𝐚𝐫𝐧𝐬 𝐨𝐯𝐞𝐫 𝟏𝟓𝐤 𝐚 𝐦𝐨𝐧𝐭𝐡 𝐝𝐨𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐚𝐧𝐝 𝐬𝐡𝐞 𝐜𝐨𝐧𝐯𝐢𝐧𝐜𝐞𝐝 𝐦𝐞 𝐭𝐨 𝐭𝐫𝐲. 𝐓𝐡𝐞 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐰𝐢𝐭𝐡 𝐭𝐡𝐢𝐬 𝐢𝐬 𝐞𝐧𝐝𝐥𝐞𝐬𝐬.
    HERE ➤➤ 𝐡𝐭𝐭𝐩𝐬://𝐖𝐰𝐰.𝐒𝐚𝐥𝐚𝐫𝐲𝐛𝐚𝐚𝐫.𝐂𝐨𝐦