Why Do Democrats Wreck the Economy?
Remember the Sixties? Our Democratic friends gave us guns and butter: a war in Vietnam to stop a domino falling in the Cold War and LBJ’s Great Society eye-watering spending on welfare, Medicare, and Medicaid. In 1968 Americans had had enough and elected Richard Nixon as president. Nixon and Kissinger created an opening to China and ended the Vietnam war.
Remember the Seventies? After deep-sixing Richard Nixon, our Democratic friends gave us stagflation in the late 1970s: in other words, a stagnant economy plus eye-watering inflation. In 1980 Americans had had enough and elected Ronald Reagan as president. Reagan killed inflation with eye-watering interest rates, lowered marginal tax rates, and ignited a decade of eye-watering economic growth.
How about those 2020s? Our Democratic friends under the leadership of sharp-as-a-tack President Biden declared war on COVID and on climate with eye-watering spending, and now the economy is mired in stagflation again. In 2024 Americans have had enough and elected….
Stay tuned for the exciting election results on the evening of November 5, 2024.
But how do we understand all this? Why do our Democratic friends keep wrecking the economy?
It all comes down to the binary of gifting your supporters and going to war against the enemy. So every Democratic administration decides to........
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