Quote (thundercock @ 3 Jun 2022 05:33)
This is absurd but I can understand why you would list all these things as "crises" given that you're a Bernie supporter. Ultimately, there are 2 things to worry about: Ukraine and inflation. Ukraine is a legitimate crisis and I think Biden is doing about as well as one possibly could given European weakness. Inflation (which is apparently 5 items on your list) isn't a crisis necessarily but it's something that we should keep an eye on given that we have a lot of financially illiterate people in this country. Personally, I think Biden should increase tax rates by 5% across the board to help solve the issue but that doesn't seem to be popular. Everything else is simply business as usual that we've been dealing with since GWB.
Inflation and Ukraine are the root causes which manifest themselves in multiple different crises. For example, the looming food crisis in Northern Africa and the Middle East as a result of blocked grain exports is not the same crisis as the military situation of Ukrainian forces in the Donbass. Likewise, supply chain issues and soaring gas prices both contribute to inflation, but have different causes. Crime and the border are wholly independent crises which have nothing to do with inflation or supply chain isues, and which were exacerbated by the policies of Democrats and/or the Biden admin. Similarly, Iran and NK have nothing to do with the war in Ukraine.
Generally speaking, inflation might not necessarily be a problem for rich, privileged folks like yourself, but for many poorer people, it is a very heavy burden, in some cases even existential. We've been over the other stuff in previous discussions, e.g. our disagreement about tax hikes. Combatting an inflation which is, in large parts, driven by supply side issues/exogenous shocks this way would only worsen the decline of consumer purchasing power... when maintaining purchasing power is the actual reason why we want to temper inflation in the first place. It's the economic equivalent of a doctor saying "our ICU is overcrowded" and then being told to "shoot half of them in the head to make room".
This post was edited by Black XistenZ on Jun 3 2022 04:30am