Tuesday, September 06, 2022

Are some Democrats trying to help the MAGA Republicans?

Money and politics on both sides of the aisle can be dirty. The intent of Biden's speech against MAGA Republicans has apparently been undermined by a Democratic PAC, led by Chuck Schumer, plowing money toward MAGA Republicans in primary elections.

Seen now as possibly weaker candidates than more moderate Republicans, this strategy is seen as helping Democrats in general elections. If it backfires, we get MAGA Republicans.

I still vote Democrat on of the issues aside from the dirty strategies on both sides.

On the issues, Republicans see today's inflation as a talking point that can get them elected. Few people mention what I think that inflation is nothing new. It predates Biden if one takes into account house value and housing cost inflation. That has been rampant for decades.

Rising interest rates may be tamping down the hot housing market and over priced land values today. That's good news on the inflation front going forward. Yes, higher interest rates may dampen supply by slowing construction, but dampening inflation in land prices could be more significant.

Gas prices are coming down now. Republicans see that as a driving force behind inflation and they tend to call for more domestic oil production. Makes sense not to buy from imports especially given Putin, but Republicans seem to not consider climate change.

We really do need less consumption.

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