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Denise McConville

Frolics in Farming

Observations on farm life.

Opinion

We need what Americans want

Thursday, May 18, 2023

INDIANOLA, Neb. - I want to make a heartfelt shout out to our first granddaughter, Ashlin Broz, who is graduating from Hayes Center High School this year.  This darling is sweet, smart, beautiful, athletic, and the nicest person one could ever meet.  Grandma is apprehensive about her going off to a socialistic college campus like so many across the nation today, but I’m confident that she has been instilled with the right stuff to guarantee a successful future.  Good luck to all the graduates and may they find what they are looking for.  

It wouldn’t take a rocket scientist to fix our current economy.  Despite what you see on CNN and MSNBC, the Biden administration’s economic policies are driving our country into a recessionary ditch.  A recession is defined as two consecutive quarters of negative economic growth.  At least that’s what the truth was until the financial press redefined it prior to the 2022 midterms so that Biden’s policies couldn’t be labeled recessionary.  Regardless, his policies mean a lower standard of living, fewer job opportunities, lower wages, and increased American poverty.

In 2019 we had lower taxes, reduced regulation and a higher supply of domestic energy, abundant job opportunities, higher wages, and a historic low of poverty and unemployment.  It should be remembered as the year of the worker.  It wasn’t because of racial reparations, climate regulations, tax increases, or any other redistribution of federal money.  

Just two months after Biden took office, the average prices paid by consumers surged.  When his administration claims that inflation is coming down, they are playing word games.  Our current inflation rate is around 6.4 percent, and it was roughly at 2 percent in 2019.

Secretary Yellen kept insisting that the Federal Reserve’s inflation was “transitory”, but they continue to increase interest rates at a faster pace than in the 1980s.  

This situation was engineered!  When the pandemic ended, all we needed to do was leave policies in place that had worked before the pandemic to create economic growth, because we knew people had accumulated a lot of money with the federal government’s handout of $5 trillion and folks had no opportunity to travel, dine out, or shop, due to mandates.  

We also knew people weren’t working and because of that, the supply was less than demand, so we had inflation.  The Democrats in Congress saw this as an opportunity to remake America.  The $1.9 trillion spending bill called “The American Rescue Plan” discouraged people from working as they could make more money from the government staying at home.  Credit card debt increased from $748 billion before Biden to $986 billion as the federal reserve continues to raise interest rates.

There are at least two areas that could have a positive impact on supply:  the cost of energy and the cost of labor.  These two factors impact everything in our economy.  Thousands of products have petroleum components as well as their delivery which requires fuel.  

Biden said he was going to end fossil fuels. He killed oil pipeline projects, failed to grant federal leases, didn’t approve drilling permits, and limited energy companies from obtaining loans.  He has crippled America’s domestic energy thereby increasing our dependence on foreign communist countries.

The bottom line is keep America’s energy industry producing oil and eliminate work-discouraging programs that are keeping able-bodied Americans out of the work force.  Reduce benefits to those able to work but refusing to do so.  The goal of the current policies is to transform America’s economy and way of life to become a leftist political agenda, using so-called emergencies like climate change as a rationale.  Biden doesn’t want to increase energy production or get people back in the work force.  He doesn’t want American freedom or prosperity.  This administration wants feudal control and dependence on government handouts.  We need more elected leaders who want what the majority of the American people want.  

Have a Good One!

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