Ukraine and the recent pandemic being blamed for problems caused by Democrat incompetence

The war in Ukraine and the recently-ended pandemic are being blamed for problems that are being caused by Democrat incompetence.

Rising fuel prices, shortages in the economy, overall rising prices, all of these things Americans are taking notice of. And, to a large extent, they have been caused, and are being caused, by policies enacted by the Democratic Party and the leadership of the Biden Administration. (Yes, I know, "leadership", I hesitate to even use that word in this context)

It seems for the most part the public is just swallowing this and believing it without question.

The government has been running gigantic budget deficits and the Federal Reserve has been printing huge amounts of money to pay for this. This has led to inflation.
Of course Democrats are denying it and trying to blame the price increases on other things.

The effect of inflation has had an extra special effect on the prices of housing and oil. Why would this be?
Inflation has got many large scale institutional investors concerned about protecting their money, so they have been parking their money into real estate, as a "safe place". This has been pushing the price of homes up.
With the US dollar being worth less, other oil exporting countries demand higher prices in US dollars, because the alternative of selling that oil in exchange for alternative currencies is looking more attractive. Oil is still plenty much in demand on the world market and there is plenty of competition from buyers in different countries. This is why inflation has pushed the cost of oil higher up than many other consumer items. (other imported things might not go up in price as much because there are not many alternative buyers outside of the US)
And when oil started going up in price a lot, that attracted a lot of speculators.

It's sort of a chain reaction and multiplier effect, with inflation having an effect on increasing certain prices by even more than the amount of actual inflation.

Many Democrats seem to think government can practically just print all the money they want and it doesn't matter. Or they really don't care. (After all, it's not really "their money", they will take whatever they can get, anyway they can get it)

Of course the Democrat Party will not actually raise taxes to pay for all of this because that would be politically harmful, and cut them off from a large amount of donor money.

The stupid American voters want more free stuff but they don't want taxes to go up. (I know, who could be that stupid? But that's just innate human psychology)
Of course inflation is "an invisible tax".

How long can the public be convinced these price increases are not being caused by inflation? How long can people be convinced the issues in the economy are being caused by outside forces beyond the control of the government, things that "just can't be helped"?


related thread:
For those who think the Ukraine conflict has anything to do with high gas prices

 

Democratic incompetence is one word.

 

It is who and what their leadership and policies are…

 

You are correct about national gas prices. In 2020 the highest national average was $2.94 per gallon. Today it is still over $4, but it has gone down a little in the last 3 or 4 weeks.

I notice that there have been budget deficits every year going back to former Predsident Clinton, the last President to have a year with no deficits. Why is that this was not a problem for the last President, but is for this one? The deficit at the end of 2020 was 3.1 Trillion dollars. The deficit for 2021 was 2.8 trillion dollars. The projected deficit for 2022 is projected to be 1.4 trillion dollars. The deficits are shrinking, not expanding.

The Dow Jones stock average was 31,176 when Biden was sworn in it is 34,705 as of this morning.

The unempliyment rate was 6.3% when he was sworn in; it is 3.8 % now.

We certainly need to concern ourselves with gas prices and inflation, however I thak that our economy is realitively strong.