so in a very short time the poverty rate in venezuela doubled. by 1995, 66% of all venezuelans were impoverished. getting poorer tends to make motors radical so inevitably venezuela got radical politics. you know what happened next, venezuela is now rated one of the most miserable places on planet earth. a few years ago, citizens in caracas were reduced to eating zoo animals. there was no food, for that matter there was no electricity. seven just half a lifetime, an advanced society had returned to the stone age. united states is not in danger of becoming venezuela next week but we are moving closer to it. inflation is a big part of the reason. of all the economic crises a country can face, inflation is the most dangerous. inflation doesn t just make people poorer, it totally destroys their confidence in their leaders, the authorities who issue the now worthless currency they are using for toilet paper. inflation is not an act of god like a drug or hurricane, it is an active
it is proof the people in charge are reckless and stupid. that is why inflation tends to topple governments. once you get inflation there is no pretending you have done a good job, you have not done a good job and everybody knows it. so you can see why the biden administration is very worried about this. joe biden has historically low approval ratings. it voters that inflation is their top concern. the historical facts are directly related. biden s most pressing task righg americans that he understands they are suffering under inflation and under a rapidly worsening economy and that he has a plan to fix it. if he can t convince americans of that it may be a long time before we have another democratic president. thankfully, joe biden has a plan or at least a new publicist, the silver tongued wordsmith/policy guru called karine jean-pierre. it is karine jean-pierre s job to take this message of economic hope to the american people and save the biden administration. she started monday. he
responded. how does raising taxes on corporations reduce inflation? so, are you talking about a specific tweet? tweeted, you want to bring down inflation, let s make sure the wealthiest corporations pay their fair share. look, you know, we have talked about we have talked about this this past year, about making sure that the wealthiest among us are paying their fair share. but how does raising taxes on corporations lower the cost of gas, the cost of a used car, the cost of food for everyday americans? so, look, i think we encourage those who have done very well, right, especially those who care about climate change to support a fair tax code that doesn t change that does not charge manufacturers, workers, cops, builders, a higher percentage of their earnings, that the most fortunate people in our nation, and not let that stand in the way of reducing energy costs and fighting this existential
across every major sector of this economy. axios reporting tonight that inflation is pushing prices higher and higher and some of those costs may never come back down to the levels americans were accustomed to before the pandemic. more than half the ceos in this country publicly predict that recession is imminent. that is what they re saying in public, imagine what they are saying in private. morgan stanley says there is a 27% chance we get a recession in the next 12 months. that is up from 5% just a few months ago. so that is scary, but the scariest fact of all, we appear to be running out of energy. congress never passed the green new deal but we somehow got it anyway. and here are the results. according to the wall street journal, from california to texas to indiana, electric grid operators are warning that power generating capacity is struggling to keep up with demand. that gap could lead to rolling blackouts during heat waves or other peak periods as soon as this year. in ot
kids, your parental authority, why can t we just draw a line at our children, i wonder? well, because children are very vulnerable to ideas, right? if you look at the ecosystem progressives have created, it is a full-fledged ecosystem, and it is not the story is much bigger than just what the legislation will do to insurance companies and the explanation of benefits. what no one is talking about is these schools in delaware all have school-based health clinics, and when parents sign you know they sign the permission slips of the beginning of the year, signing away a bunch of consent forms, they sign a consent form that allows the school-based health clinics to treat their children, and they give away their rights to stop them, and i think most parents think it is going to be ibuprofen or anything like that, but it is much worse. but kids are susceptible to these ideas. especially these little kids with the sex ed classes and gender identity classes. they still believe in santa cl