Monday, September 26, 2022

The inflation issue: putting the GOP on the defensive

 The Democrats so far have responded to GOP attacks pinning the blame on Biden for inflation with "Just choose between what the GOP  plans and what  Democrats offer on women's rights and keeping democracy": Biden has also responded with, " well, it wasn't his fault,  it was Covid's, and the Federal Reserve holds the key. He did get legislation passed that will sometime in the future reduce inflation and the deficit and help a lot of people cope in the meantime.". There is more Democrats could do to strengthen their position on inflation by turning the tables and putting the GOP on the defensive by painting them as do-nothings with no plans to fix the inflation problem except to gripe,  that all the GOP  offers an empty bag of hot air. To make matters worse, they have a record of blocking any relief for those on a budget struggling to make ends meet.   Imagine if the GOP had the majority in Congress and the White House in the past four years instead. There would have been no financial relief for small businesses and seniors on a fixed income. The GOP fought against the Biden relief to seniors and consumers for the cost of prescription drugs and lowered Medicare's cost and impact on the deficit and expanded Obamacare. The GOP, as a Congressional block also opposed reducing student loan debt and moving the country from reliance on fossil fuels that will lower costs and provide environmentally friendly alternatives.  When the GOP had the power in Congress and the White House, they gave hefty relief to the super-rich by lowering their taxes, which even increased the debt by reducing the income to the treasury while Biden's initiative reduces the deficit by lowering the cost of prescription drugs paid by government programs and an increase in taxes on those making more than $400K a year, 

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