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Showing Original Post only (View all)"A Gold Mine For Us": Republicans Root For Economic Calamity For The American People [View all]
- GOP Sen. Rick Scott of Florida rehearses a jazzy number for Sen. Mike Lee of Utah.
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- Daily Kos, Nov. 17, 2021. - Edited.
As American families confront higher prices for everyday needs, Republicans celebrate their economic calamity and root for more to come. With eyes aglow, Sen. Rick Scott of Florida, Senate Republicans campaign chief, allowed himself to imagine just how bad things could get for the American public.
You can see whats going to happen next. Were going to continue to have inflation, and then interest rates will go up, Scott told the Wall Street Journal, clamoring for the Federal Reserve to raise rates, thereby making borrowing more expensive for consumers and slowing economic growth, among other things.
This is a gold mine for us, Scott added, clearly unable to contain his glee.
Republicans have been pounding home inflationary concerns for months in hopes that they will spiral out of control and backfire on Democrats in the midterms next year. But Republicans arent just cheerleading for economic calamity; they are doing their level best to make it a reality. Much of todays inflation, which is a global problem at the moment, is being propelled by supply chain issues due to the pandemic.
Among the best ways to ease inflation is to further contain the pandemic, which would lessen inflationary pressure in multiple ways, including the fact that U.S. consumers would start putting more money into the service economy again (eating out, taking trips, etc.) rather than primarily focusing their buying power on goods.
Thats why the U.S. Chamber of Commerce, a longtime GOP booster, is now urging businesses with 100-plus employees across the country to follow Bidens mandate on either vaccinating their workforce or implementing weekly coronavirus testingbecause containing the pandemic is good economic policy. The vaccination/testing mandate from the Occupational Safety & Health Administration (OSHA) has been indefinitely put on hold by the 5th Circuit Ct. of Appeals due to a GOP-driven court challenge. The emergency standard would cover some 84 million employees, about 2/3rds of the private-sector workforce. But Chamber VP Marc Freedman recommended that employers implement the Biden mandate anyway in a statement to CNBC. Ultimately, the courts are going to decide, but employers still need to take this as a live ETS until it is definitively shut down, he said of the temporary emergency standard. They should not bank on the preliminary actions of the 5th Circuit.
In the meantime, Republican politicians are doing everything in their power both legally & politically to jettison Bidens mitigation efforts despite what is being counseled by a dependable GOP ally & one of the top U.S. business lobbies. Along with multiple GOP governors banning local officials & school districts from requiring vaccinations or masking, GOP officials at the state level have joined forces to mount a legal challenge to the OSHA order.. So Republicans are doing more than just rooting for the U.S. economy to tank, taking American families finances & economic security with it. They are also actively combatting the Biden administrations efforts to save lives and get the economy up & running again at full force.
Some might call that supremely unpatriotic, but at the very least it is a huge f-you to everyday Americans trying to make ends meet. ~
https://www.dailykos.com/stories/2021/11/17/2064853/-Senate-GOP-campaign-chief-giddy-over-inflation-hails-it-as-a-political-gold-mine
Comments,
- It smells desperate too. They throwing anything at the wall that they think will stick. This isnt 1980.
- Republicans will be the ruination of this country. Not only are they fascist insurrectionists hellbent on seizing power forever, they dont give two shits about the economic plight of the working men and women of this country. Democrats always have to pull the car out of the ditch when they come into power: Clinton after daddy Bush in 92, Obama after dumb-f**k W in 08, and Uncle Joe after Lord Voldemort this year...
- This isnt the 1st time Republicans are trying to benefit from the fear of inflation caused by their own misguided policies and ineptitude. It happened under Nixon and Ford, which left Carter vulnerable to the claims by St. Ronny Ray-gun, especially when he combined it with conniving with the Iranians regarding the hostage release. It was St. Ronnys team who came up with the so-called misery index to attack Carter after years of abnormal inflation under Republicans which they never, ever began to get under control because of sheer cowardice on their part. It hasnt changed after 40 years...
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