Tag Archives: inflation

The Amazing Undo Function

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As word processing software emerged for personal computers, developers introduced the revolutionary UNDO function, transforming how users interact with digital text. Now, with a simple keystroke, I can effortlessly correct any typing error, instantly erasing mistakes and maintaining the flow of my writing. This feature has become an indispensable tool for writers, editors, and professionals across various fields.

If only life were like that. Can you imagine if Trump could press a couple of pseudo buttons and Obama Care would go away? Another one of those sets of buttons, and the errors of Old Joe would be no more.

Even without that undo function, President Trump has made very large strides in undoing the fiasco of the open border. However, it will take decades to address many of the technical and emotional consequences. There is just no magic wand to wave that will make all the side problems generated, likely intentionally.

Of all that was done by Old Joe, the one that will be most difficult to reverse is the inflation. Think about it. If the prices all are lowered back, that would be deflationary. If through some means he managed to do it, it might even lead to a depression. In this case, the fix would be far worse than the problem.

The long-term solution is simple: provide good jobs by bringing exported jobs home, offer good, inexpensive energy sources, and stop giving jobs to those who do not belong here.

There are other tasks that need to be addressed as well. However, in every respect and at every point, the Democrats are doing all they can to obstruct progress. They are attempting to prevent low-cost fuel. They do everything possible to hinder the deportation of illegal immigrants. And, by the way, they are doing all they can to keep criminals lose on the streets. This certainly does not help the economy.

To be sure, any country that spends more than it receives in revenue will have inflation. It is the primary reason for inflation. It means somehow or some way, spending must be reduced. The best way to reduce spending, whether at home, in business, or in government, is to reduce waste. President Trump tried to do that. You remember the uproar that resulted? Yes. The Democrats didn’t like that either. Actually, there were a few Republicans who objected too. It would seem the desire for free money is bipartisan.

You want to decrease inflation, vote for decrease of waste.

Real Inflation

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If this year, I go out and buy a pound of all purpose flour and it cost 20% more than last year, then there was simply a 20% inflation. However, the government does not do things that way. One thing I have found, the government likes to twist things. First, they don’t make comparisons of the same thing from one time to the next. I don’t know how all they do it and I don’t really care.

I don’t go by their announcements of inflation from one year to the next. This is my index. I go by visits to the store. Last year, each time I went to the store, it cost me about $125. Now, each visit cost me about $225. By my calculations, that is not quite 100%. However, my buying has changed. We used to eat steak once or twice a month. We haven’t bought steak at the meat counter once this year.

I used to dream about a nice New York cut. Now, when I get to the meat counter, I just go flying by. I don’t even look. My eyes don’t even go in that direction. We used to go to a steak house once or twice a year. Now, never. That part of inflation cannot be measured.

My best guess, since Old Joe took over, the real inflation has been about 100%, maybe a bit more. Of course it has been spread over four years. The hitch is that it is not 25% per year. At 25% per year, it is more that 100%. Moreover, most of the inflation was in the first year. As election year has approached, they have done as the can to cut down on inflation. What inflation there is, they hide from us.

I’m not even going to try to do the math, but you and I know the real inflation. You and I know that we are not only paying twice as much but we are also buying 15 or 20% less.

The last time the the government made a release about the inflation they said it was something around 2.5% or so. I can’t remember the exact amount. It doesn’t make a whole lot of difference anyway. They just put all the numbers into their little magic formula and come out with any number they want.

However, let’s say it is 2.5%. Four years ago that would not have meant as much as now. However, now it is 2.5% of twice the price. That makes it the equivalent of 5% for the 3 year period.

Besides the fact, they are not likely including as much. Moreover, I don’t think they like to include what we really like to buy. Truth be told, it was more like 3%, which is the equivalent of 6%.

How does it feel to not be able to trust what the government, which expects you to believe it all?

Have You Noticed That Everything Is Costing More?

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It’s called inflation.

It is a way the government has of paying off today’s debts at tomorrows dollars. You see, tomorrow’s dollars, in a few decades will be worth maybe 10 or 15 % less than what they are worth now. At the way things are going, maybe 20 or 25% less.

That is nice and convenient for the government. Not so much for you and me. You see, those dollars will also be worth less for us. My little 401 k is now worth, oh, about 14% less than when I retired, this even though the DOW has basically gone up.

Each time I go to the grocery store, I have to pay more while I buy less. Even the grocer knows it and admits it. If I bring it up, he just shrugged. He can’t help it though he tries. He actually does absorb some of the inflation, which decreases his profit.

Now, let’s look at this thing called inflation a little. While Trump was in office, the inflation was almost negligible. When Old Joe stepped in behind the desk in the Oval Office, it was as if someone threw a switch. You see, the price of oil doubled or more. In case you are not aware, our nation is dependent on energy in general and oil specifically. It was but only natural for the price of all else to go up. It is inevitable. When Old Joe stopped the drilling, he caused the inflation. To be sure, there were other causes too. However, the cost of oil is the one major thing.

Incidentally, with inflation, the cost of running the government goes up too. That’s right. They have to buy stuff too. And they have to pay salaries too. Stuff and salaries have gone up, a lot since Old Joe took over. So he has to raise taxes to pay the extra costs. And, guess what, increases in taxes are also inflationary.

McDonald’s Error

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I noticed on the news is McDonald’s is making changes. I would guess they are having problems, which is no surprise to me. I mean when it takes 15 minutes, literally, to serve a barely warm Big Mac, they are headed for real problems. Marketing is important but it will only go so far.

The company broke into fast food by serving good tasting food fast. Now there are many “nice sit down” places that serve food faster. As a matter of fact, I just visited a good Mexican place that served me a good meal in less than the 15 minutes. It does make me ask, why should anyone go to McDonald’s when we can get a much better meal at not much more cost?

Personally, I have found when I am in a hurry, it’s hard to beat Subway. Unless they have an unusually long line, I’m usually eating within 5 or 6 minutes after entering the door. Chick-fil-A is fast too, but I usually have a long walk across the parking lot. I suppose it is a reasonable price for popularity.

At any rate, it’s sort of difficult for the McDonald’s employees to provide reasonably good service when they are so busy talking amongst themselves. Many-a-time, I have had to wait for the conversation to be completed before I could expect any attention.

Mostly, if people have to wait 15 minutes for less than hot food, McDonald’s will likely just fade away, regardless of any marketing methods.

As an aside, the same thing can be said of other fast food places too. I mean it is basic. People go to fast food places to get food fast.