If you are a progressive Socialist Democrat and you bought a house, do you want the price of houses to go down? How about if you bought gold or a car? While I have never posed this question to a committed Democratic Socialist, I would assume they might think about what happens to my “investment.”
People rail at costs but want the most for what they sell. This is not new, but the idea is now promoted on a political industrial scale.
“Prices are too high for everything, and if prices were lower, more people would be able to afford what they want. We would all be better off, and the world would be free from hunger, wants or needs and, more, we would have peace in the world.”
This idea of universal happiness seems something we should all be working toward, and while I too would like to see lower prices for everything, this idea of financial Nirvana denies the basic laws of economics at many levels.
The poor have been chasing a better economic life forever. The investor wants to get in on the ground floor; the user of others’ technology wants to use it for free.
The owner of a building wants to rent it at the highest level, and the government wants to receive more than enough money through taxes so they can “give” us toys to play with.
As this missive is not a lesson on economics, one has to see that when prices go up, they do so for a reason.
We cannot flood the market with banknotes and expect prices to remain the same. Nor can we lower interest rates to give the voters a star on which they can hitch their wagon.
All economics has to balance itself out. The only thing the voter has to know is, so long as people are not lining up to reduce the debt, it will not be reduced and, to the contrary, will rise until affordability turns into penury and eating three meals a day becomes a luxury.
We are required to pay 1.4 trillion to service our debt. We borrow money, issue bonds, and then pay off the bonds over time along with interest. It is a straightforward business deal that everyone knows if they have a credit card.
We have bombed Iran. We have lobbed missiles at Iran. We have sent thousands of drones to attack Iran, and while Iran and its government can no longer attempt to make nuclear weapons, preventing that from happening comes at a cost.
Very few know what bullets and bombs and missiles and drones cost, nor are they interested in that cost.
Each of us has a personal demand, and for those who like to eat, the price at McDonald’s is more important than the Mullahs trying to kill Iranian citizens.
America is consumed by demands to be satisfied. Should the left be able to elect people like Abdullahraman El Sayed, his election will not reduce TDS one iota or make the beloved “have it your way” Big Mac any cheaper.
In fact, it might cost more. The left is not consumed with teaching us prudence; they are consumed with teaching us to vote for Democratic Socialists or, rather, Communists.
Their job is to anger people enough to muddle reality into the idea of “winning” without thought of what is proper, legal, or safe.
The price of gas at the pump should not cost what we are now paying, but the price at the pump requires other costs than just filling the tank, and that is something that is decided far away from oil coming from the Strait of Hormuz.
We consumers have a level of expectation, and we love to compare the prices charged previously with those of today. Each consumer wonders why this happens and, when they are informed, are not satisfied until they factor in the “cheating,” “the politics,” “the rich oligarchs,” and Trump.
As long as we have to pay interest to “rent” money, the costs will continue to rise, allowing the political theory that fuels the left, “all government all of the time,” to be considered as a viable alternative.
What once was considered “innocent enough,” the “Liberal” approach to providing government aid, has, over time, been allowed by the Democratic Party to become more and more Socialist over time.
The left has always wanted the government to “give” them all that is asked.
By Dr. Richard Pitz, Senior Blog Contributor