The Democrat Party is sucking wind again after the Nobel Prize Committee astonished the world by announcing that Donald Trump has won a special Nobel Prize in Economics for recognizing the staggering inflation brought on by the Biden Administration’s policies.
“It pains me to say it, but Donald Trump was right all along,” admitted a Nobel Committee member who wishes to remain anonymous for the sake of her family.
The media talking heads are exploding before our very eyes and angry politicians are demonstrating with wailing and gnashing of teeth. In addition, the five economic experts on The View originally planned a march on the Nobel Prize headquarters until they realized it’s located in Stockholm, Sweden. “Oh, that’s too inconvenient and expensive to fly over there,” said host Sunny Hostin, former lawyer and rocket scientist. “I mean, the costs of leasing a private jet and all is just too much in these inflationary times.”
The Committee pointed to several factors weighing in on their unexpected decision.
First, former President Trump warned in a Fox Business article in June 2021 that massive inflation would result from Biden’s policies regarding the destruction of the fossil fuel industry and “purposeful loss of energy independence.”
Secondly, major publications like The New York Times, Washington Post and USA Today are reporting that Americans are “paying the price” for the Biden administration’s ineptness.
According to USA Today,
Biden's top aides admitted missing "the threat of inflation as warning signs gathered." In addition, the Biden administration falsely and "repeatedly assured Americans price increases would be temporary."
According to The Washington Post:
Treasury Secretary Janet Yellen tried 15 months ago to shut down some economists’ concerns that President Joe Biden’s $1.9 trillion economic relief package could fuel rising prices. “Is there a risk of inflation?” Yellen said in March 2021, three days after Biden signed the American Rescue Plan into law. “I think there’s a small risk. And I think it’s manageable.”
In a July 13, 2022 Washington Post article, “Biden says inflation ‘unacceptably high’ but not as bad as it looks.” The article also noted that a “majority of Americans say Biden’s policies have hurt economy.”
A new report demonstrates that prices soared by 9.1 percent in June compared to June 2021. But Biden refuses to accept any blame for the rise in prices.
Paul Krugman in The New York Times accepted blame for missing the severity of inflation caused by Biden’s policies.
Originally, Krugman insisted President Biden would oversee a "soaring, ‘morning in America’-type recovery." He also claimed that "he couldn’t see how bad inflation would be because the 'debate and the way things have played out were more complicated than I suspect more people realize.'"
Also, according to Krugman in the Times article:
"people on both sides of the debate knew inflation was coming, even him, though both sides disagreed on how much inflation would occur. 'Everyone in the debate agreed that deficit spending would stimulate demand; everyone agreed that a stronger economy with a lower unemployment rate would, other things equal, have a higher inflation rate.'"
Obviously Biden, Yellen, Krugman, and many others in Biden’s administration, the Democrat party and the media were wrong. If they recognized inflations was imminent, they lied to the American people for political purposes.
But Donald Trump was right. He deserves the Nobel Prize for Economics.
Trump’s opponents should also get what they deserve, but it doesn’t seem to play out that way in our unjust political system.
Special thanks to Pixabay and Canva for graphics.