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Insanity Wrap #203: Is Joe Biden Trying to Make Jimmy Carter Look Good?

Liz Peek has the awful numbers: The most memorable thing about the Carter presidency was that the economy grew at 3.25% on average, not much below Ronald Reagan’s 3.49%, but inflation soared. “Stagflation,” as it was called, devastated the nation. Seniors living on fixed incomes suffered horribly, with their monthly Social Security checks and pension benefits eaten up by rising costs of food, gasoline and other necessities. The economic situation under Carter can best be described by the ...
United States White House District Of Columbia Jimmy Carter Adam Schultz Tina Marie Tinamar

Insanity Wrap #202: Tonight We're Gonna Party Like It's 1979

Mostly because Uncle Sugar is handing out the free money, extended unemployment benefits, etc. It’s like having a job, but without all that nasty work. Employers are begging for workers, and would-be workers are saying, “Maybe next month.” Even so, prices on everything are up, and Insanity Wrap saw a report recently that there could even be gas shortages this summer. So we’ve got runaway government, increasing inflation, an economy choking on expensive raw materials and missing computer...
Capitol Hill District Of Columbia United States United Kingdom Great Britain Ashli Babbit

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