Are they delusional?
Inflation is at a four decade high since 1982 when we felt the repercussions of the Carter administration’s failed policies.
The policies of the Biden administration have created delays in the exacerbated supply-chain, rising fuel costs, and extreme shortages in the work force for the transportation of goods and supplies. These factors have increased shipping costs and are some of the major causes for inflation which is currently out-ofcontrol.
Don’t expect the Biden administration to acquiesce and take responsibility for this quagmire. Instead, the administration continues to promote a fallacious narrative.
Last month in December,
President Biden said of the supply-chain problem, “… the much-predicted crisis did not occur.”
Secretary of Transportation Buttigieg stated in December that the moving of cargo containers in the supply-chain is not a problem. And it has increased by 15%; an all time high.
Both Messrs. Biden and Buttigieg made blatantly false statements.
According to the latest report of the Marine Exchange of Southern California, the inbound volume of containers in December at the ports of Long Beach and Los Angeles have decreased by 14%. The queue of vessels waiting to unload hit an all time high of 109.
Recently, President Biden made a vulgar remark about a reporter who was asking a question about inflation. What he said at the beginning of his foibled response was more telling: “That’s a great asset. More inflation.” The Biden administration has always had the mantra that inflation is a good thing.
Is this administration delusional? Or do they purposely spread their mendacious propaganda to deflect the reality that high inflation and the supply-chain crisis is a consequence of their failed policies?
R.D. Smith
Lancaster