Tone Deaf Kamala Strikes Again: “Freshens” Up Her Message On the Economy By Ignoring Americans’ Suffering Under Record Inflation
“Harris is putting a bigger priority on what she says could be ahead.”
If there’s one thing that pretty much everyone agreed on prior to last week, it’s that Kamala Harris has horrible, and I mean truly ghastly, political instincts.
Case in point:
Harris freshens up her message on the economy as Trump and Republicans go after her on inflation https://t.co/HAFHgEX5nl
— The Associated Press (@AP) July 27, 2024
The AP reports (archive link):
All of a sudden it’s Kamala Harris ‘ economy — a major opportunity as well as a possible risk for the likely Democratic presidential nominee.
Shortly after President Joe Biden left the race a week ago, Harris began to craft her own narrative around the economy by putting an emphasis on ending child poverty, promoting labor unions, reducing the costs of health and child care and protecting “dignity” in retirement.
Not once in speeches in Wisconsin, Indiana or Texas did she mention the word “inflation” — the overwhelming economic challenge that has dogged Biden’s administration and forced him in remarks to consistently acknowledge voters’ pain as they cope with higher grocery, gasoline, housing and auto expenses.
Harris is putting a bigger priority on what she says could be ahead.
“In our vision of the future, we see a place where every person has the opportunity not just to get by but to get ahead — a future where no child has to grow up in poverty, where every senior can retire with dignity and where every worker has the freedom to join a union,” Harris told the American Federation of Teachers on Thursday.
This is completely tone deaf and absolutely appalling. Americans are very much suffering under record high cost of living. Everything from groceries, to utilities, to rent/mortgages, to homeowner’s insurance, and beyond is so incredibly expensive that many people in America are truly hurting.
To address that with, oh nevermind about such tedious distractions like buying food and having a roof over your head, just imagine my bright Utopian future in which we are singing songs of communal praise from our state-run, state-monitored 15-minute cities/ant houses/panopticon prisons.
Terrible on every single level. It completely misses, even dismisses, the very real pain and suffering that the Biden-Harris economy has caused. It is disdainful of Americans who are struggling, practically telling them that their hunger, their pain is not important at all.
But we are supposed to believe that this same uncaring, unsympathetic, cold shrew has a caring, compassionate plan . . . for some far off future? One that will magically manifest from the ruins of the America Last Biden-Harris economy? Surreal.
Needless to say, people have thoughts.
How do you “freshen up” a 4 year record of massive inflation? pic.twitter.com/IEiU2cI33j
— EducatëdHillbilly™ (@RobProvince) July 27, 2024
Pour perfume on a rotting fish and it still smells like a rotting fish, just perfumed.
Same with Biden-Harris economic policies.
— Phineas Fahrquar (@irishspy) July 27, 2024
Her message on the economy is the same as Biden’s.
She can’t just walk away from this: pic.twitter.com/gPLFFoBpPU
— Kelkat (@Tweetytweeter63) July 27, 2024
That high you guys are enjoying right now? Just know that everyday Americans are still suffering under the Biden-Harris economic agenda, that inflation is kicking their butts, and they are NOT happy having to decide if they want food or to pay their utilities or rent each month.
— Fuzzy Slippers (@fuzislippers) July 27, 2024
Freshens Up? You mean water down and make more palatable so she can get elected then go back to DEI and Equity for all and socialism. Got it.
— Stephannie O. (@Smoke_and_Oakum) July 27, 2024
Hard to powder over her lifelong commitment to being a commie. https://t.co/CSYtVVWOqh
— Anna James Zeigler (@ajzeigler) July 27, 2024
Well, yeah. You typically own what the Administration does when you’re part of it. https://t.co/zOmPUl25kQ pic.twitter.com/wDY8JOcY0o
— Bojac (@HeartlessBojac) July 27, 2024
There's literally nothing about her career that can't be attacked. Horrible candidate
— SAGEofZED (@TheSAGEofZED) July 27, 2024
https://twtter.com/RLee19783678/status/1817209353625092445
And let’s not forget this (archive link):
Fact: She was THE deciding vote for the "Inflation Reduction Act" that blew up the dollar even more.
— Chief Diversity Expert 🇺🇸 (@VTOL_Penguin) July 27, 2024
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Comments
Inflation is a bum rap on Biden anyway. It’s a result of nobody producing and everybody consuming in COVID. Price has to ration the shortfall – stuff has to get “unaffordable” in order to keep people from buying more than exists.
The price has the beneficial effect of coaxing out more supply as well.
So there’s too many dollars chasing too few goods, raising the price of the goods – inflation. The solution is what Biden’s doing, namely remove dollars from the economy. This is done by settling on a higher interest rate target and selling debt and burning the dollars you get until the interest rate matches the higher target. The higher interest rate IS the removing of dollars from the economy.
One thing you WANT to be true: real income falls. That means the demand for newly “unaffordable” stuff falls. So both the higher interest rate and the falling real income are the proper response to inflation.
The Fed’s balancing act is doing it gradually enough so as not to produce much of a recession, which still knocking down inflation. The last time we had high inflation the interest rate had to go to 18% but it killed inflation. The Fed is doing better so far this time.
The deficit has nothing to do with inflation. The government spending gets its money by selling bonds, and those bonds take out of the economy the money that the government then spends. Government spending is not good but it’s not causing inflation.
So Biden is okay on inflation, real wages and interest rate. Maybe it’s not directly to his credit but he’s letting the Fed get on with it correctly.
Biden positively shows he doesn’t understand any of this when he says higher prices are caused by corporate greed. Somebody else is doing the understanding of finances.
And yet I personally know people who parrot that shit like Miley Cyrus songs.
I think you are the only ‘up’ vote on your own posts.
I’ve never up or down voted anything. A down vote would show up as a reply anyway.
What?
If I disagreed with something, I’d reply with a correction not a downvote. What is it, a popularity contest? Sort of like clickbait, right?
None of the votes anywhere on this site are mine. I do them on youtube as encouragement though.
Ah, I see. I thought you were saying that something was wrong with the functions, as in when you hit “downvote,” it doesn’t register or flips immediately to a comment. If something like that was happening, I would need to forward that to the tech people.
Sorry sir, you are incorrect. Biden and the Democrats dumped tons on money (and still do) into the economy, and limit the supply of goods by other policy choices. Also, the money that they have dumped into the country has done nobody any good except for those who feed off the government, and their supporters and organizations that love and support their agenda.
Finally, if they were serious about inflation they would have shrunk the size of government and now prolonged the COVID restrictions on the country. They do not care about anything but their own power and position.
Why borrow instead of printing money? It makes a difference. Money that’s borrowed – that rising debt – first takes that money out of the economy – you can’t spend a Treasury bond – before the government spends that money back into the economy, no net change in dollars chasing goods. That’s why they borrow.
Stupid regulation can limit supply but that’s not spending or printing dollars.
The Fed knows what it’s doing even if Biden does not, nor apparently anybody on the right, unless they’re just pretending for the crowd.
Wrong, the inflation is because the government can’t live within it’s means. More money printed means money is worth less. They keep it up and the money will be really worthless.
Now $2T more spending than income. This is a sugar high economy. With a recession we will be running $3T annual deficits.
Concentrate – very important point – borrowing takes money away before it spends it back, no change in dollars in the economy. The debt does other things, like raising the cost of financing it, but there are no new dollars involved.
This inflation was caused by COVID causing shortages and too many dollars for the number of goods around, and it’s a question of unwinding that dislocation of supply and demand. Reducing dollars is part of it – hence high interest rates, which is the Fed open market operations selling debt and burning the money it gets instead of spending it.
Not beating up on corporations would be the other part, which Biden is getting wrong. They need to be made to think that raising production will produce return worth the risk, instead of threatened.
It’s quite simple: printing money out of thin air with no earned value behind it causes the inflation of prices on everything. On paper it make borrowing & repayment look better, but that is a false perspective. The answer is to stop spending; works every time its tried. Remember the old proverb: “An honest man does not consume more than he earns.”
You’re thinking that money is wealth.
Money is not wealth. It is a ticket in line to say what the economy does next, presumably something for you. Nothing has to “back” a ticket except that it works.
If there are too many tickets outstanding for what the economy can do at once, the tickets bid up prices against each other, and prices rise.
If there are too few tickets outstanding for what the economy can do at once, pieces of the economy go idle for want of able buyers.
The Federal Reserve regulates the number of tickets by creating or destroying them, so that the number of tickets is matched to the capabilities of the economy.
The Fed meets every month or so and decides whether there are too many or too few tickets out there.
If there are too many, it sells Treasury debt for dollars, and burns the dollars.
If there are too few, it prints new dollars and uses them to buy back Treasury debt.
It is not creating or destroying wealth when it does this. It’s just putting out or taking back tickets.
Clever detail:
The way the Fed controls its intervention is through the interest rate target.
The interest rate is an output from the economy. The Fed uses it to regulate itself.
The Fed, if it wants to destroy dollars, moves its target interest rate up a tiny bit. Then, for a month or so, it sells debt when the interest rate below its target, and buys debt when its interest rate is above its target.
The result is slightly fewer dollars out there relative to what the economy is capable of doing than before.
The market is producing the interest rate, not the Fed. The Fed just sets the target.
To increase the number of dollars, the Fed lowers the target instead of raising it.
Technical Detail:
The Fed uses leading indicators of inflation to decide whether there are too few or too many dollars out there.
The leading indicators have to be orthogonal to (=insensitive to) the interest rate, lest the Fed blind itself with its own action.
Implications:
There can be no trust fund for Social Security. The government must instantly put back in circulation every dollar it takes in, lest the money supply fall. Tomorrow’s retirees will be paid by tomorrow’s workers when tomorrow comes.
Money in a mattress is a gift to the treasury. The Fed simply replaces it until such time as you take it out of the mattress and spend it. Then the Fed burns its copy.
Money overseas is a gift to the treasury as well, until such time as it’s spent in the US economy either as purchase or investment.
With an interest rate target, handing out free money to citizens will automatically be offset by issuing debt, to soak up an equal number of dollars from the economy and put them out of circulation. That keeps too many tickets from chasing the available goods.
The problem is not money and therefore cannot be fixed by playing with the money supply.
As you note, money is just a ticket a symbol.
The problem is goods.
There are still too few goods.
This is because supply chains were destroyed by idiotic covid policies, exacerbated by leftist legislation
Ideally those excess dollars should go towards the expansion of production and the maintenance of the supply chain infrastructure.
But they are not– because the idiot leftist ideas of money management get in the way.
The purpose of the fed is not balance, it is control. Control of the economy in fact, without the appearance of such.
Bluntly, the uniparty is not trying to fix anything. The system is working as they desire.
But it is fragile–as one can see by the radical changes that three years of Trump (who, as a person on the ‘goods’ side of the equation WAS trying to fix things) shows.
As in the 30’s…. the government’s borrowing of money left private enterprise without funds for capitalization…. prolonging the Depression.
Where did the money come for all of that consuming? Printed out of thin air with no value to back it up. The Fed uses interest rates to reduce the supply but the damage has already been done. The true value of wealth such as savings has been diminished. If you love living only for the moment, inflation can be offset some with higher wages which spirals the total cost higher.
The COVID lockdown didn’t have to happen. Inflation didn’t have to be this bad. This was directly caused by government action and halting the economy but making it look OK with flooding the economy with printed money. I wonder what your analysis will be when the US slides into Argentinean/Zimbabwian hyperinflation.
No, it’s the result of “creating” trillions of dollars to spend when it doesn’t really exist.
JOE BIDEN FRESHENS UP
Biden says, “I appreciate your support in nominating me. I will speak to you in a moment, but first I have to freshen up.”
He opens the door and steps inside. Five minutes late out comes Kamala Harris all freshened up.
She says, “I appreciate your support in nominating Joe Biden, but your votes don’t count for shite cause I’m the one who’s running.”
“This is completely tone deaf”
Kamala lives in a bubble. As one of the beautiful people, her bubble is plush and soundproofed. She literally has no idea how hard life is for real people.
It’s also harder to hear when you’re under the desk.
The wife and I are retired and on fixed incomes. Four years ago I was able to put $500 to $1200 in savings or our IRA’s per month and we were living in NE Atlanta. When we left Atlanta 9 months ago we were pulling $1000 a month out of savings to make our monthly budget. We moved to a rural south GA town in the largest farming county in GA where my county grows the most onions in the nation among all of the other crops. Our house down here is more energy efficient with about the same square footage without the rider gas bill. Groceries are what they were 4 years ago as I shop at the Commissary on Ft Stewart, I am retired USAF. It is cheaper to live here. We have reached a point where we are living within our monthly income while maintaining our standard of living.
rhhardin will write that you have no worries. Inflation isn’t just money…. it is years of working and saving killed. Say you worked for 40 years… 20% inflation robbed you of all you did for 8 years…. gone and can’t be recovered. The live for the moment crowd don’t understand that inflation will rob them of a later future. Nothing can keep up with the real inflation….
Trump and the Democrats Propaganda Ministry just need to keep her talking.
Well, what’s she gonna say? Oops … our retarded policies fucked up the economy? Not like they’d fix it even if they could.
“every senior retire with dignity”
bet she wants to means-test social security to take from those who have large balances and give to those who have little or no balance. “every senior” includes illegals of course.
SocSec will be a welfare program. A dependable voting group enslaved by the government.
Understand, you there is no account in Social Security with your name on it and a bunch of money waiting for you. It is NOT a retirement account. It is a ponzi scheme where your taxes went to pay for Harry’s retirement, and for Sally’s, and someone else will have to pay into the program when you’re retired for you to get anything.
You do NOT have an account full of the money you paid in. That money was spent as soon as you paid it in. And it’s not just a matter of borrowing – Social Security was NEVER your money. You were supporting Olaf, who had supported Katwana, who had supported Jim, who had… supported nobody because he was 65 when they started the program.
SocSec has been a welfare program from the beginning.
Strike that first “you”. I needed to proofread better.
What an intellectual lightweight, this gal. DEI uber alles!
Trump does not help his situation at all with his usual name-calling, as in recently calling her a “bum”, or “laughing Kamala”. “San Francisco liberal” would be factually demonstrable and far more effective. Let people draw their own conclusions from objective facts that you provide. George Bernard Shaw — ‘Never wrestle with pigs. You both get dirty and the pig likes it.’
“San Francisco liberal” requires too much cerebration for a certain class of voter. You have to know why liberal is a bad thing, and you have to know something about how things are in San Francisco. You don’t want blank stares, you want gut reactions. “Bum” works pretty well.
I like “laughing Kamala”. It is a fact, she giggles when she doesn’t know what to say. She’s done it many times while she a US Senator, and while she was VPOTUS. Giggles, ffs. wtf is wrong with her?
And we can bend the phrase a little to “laughable Kamala”, but that’s for us to do, not Trump.
Harris’ fresh message can be the “new” Camelot.
We’ll call it Cumalot.
Because we will be really screwed by this woman (is it OK to call Harris woman?)
Why are you fixated on Kamala’s sex life? Cumalot? Is it personal for you? Do you dream about it?
That sex life was her basic key to “success” in politics.
Because she’s a whore.
Does that help?
Did your pussy ass ever read Rules for Radicals?
Hold them to the same standards they hold their enemies. We are their enemy. We must hold them to the same standard.
Didn’t the left just put out that JD Vance fucked a couch. But I didn’t see you making any commentary on that.man’s let me remind you that you are sooooo fixated on Donald Trump’s sex life that you get a hard on talking about it.
But you are so Marxist, you lick the shoes of people like Harris.
And Kamala is going to make sure every child is above average.
We’re heading for a combination of “1984,” “Brave New World,” Glenn Beck’s “Agenda 21” books, and possibly “Soylent Green.” This brain dead woman wants to hasten the trip.
.
“every senior retire with dignity”
They’re talking about MAID when they say this. Medical Assistance In Dying
All socialist countries find ways to eliminate expensive old people who no longer serve the state.
Orwell told us this in grammar school –they sold Boxer for glue and the chickens were fed to the dogs.
Look at how many ‘let’s help the old people die quick’ programs have been greenlit in the last few years.