I just saw a video on Twitter. A very pretty twenty-something is finally realizing what taxation is all about.
First, she talks about how she goes to work and earns five hundred dollars and how every dollar she earns is taxed. Then, she realizes that everything she buys with the dollars she has leftover— is taxed. This would include the things she needs to buy in order to go to work.
As she contemplates further, she realizes that the people she buys things from also pay taxes. In fact, they’re paying taxes on money she already paid taxes on. And the cycle continues indefinitely until finally, she has a eureka moment.
Let her tell you in her own words:
To sum it all up, what she’s realizing, but can’t quite find the words to express (this is my area of expertise) is that a dollar equaling one-hundred pennies, doesn’t disappear, but its value does. We call this inflation. For those people of this young lady’s generation, it is Bidenflation.
PS – I tried to leave a reply, but it seems to have been absorbed into the Twitter void of conservative thought. I can see it on my page but nowhere else. It went something like this:
Eureka!!!! Who says young people don’t understand taxation? You can’t even call it double or triple taxation. It’s infinite taxation.
Last week Joe Biden announced that he was going to release 50 million barrels of oil from America’s SPR (Strategic Petroleum Reserve) to help rein in gas and heating oil prices for Thanksgiving.
YAY! —Joe’s actually doing something.
I went to work the next morning thinking that something didn’t make sense about the SPR release, but… Fortunately, I had ten hours of blissful bus driving to contemplate the ramifications of Joe’s wondrous deed.
One of the first things to cross my layperson’s mind was a question. With the price of oil skyrocketing, why would a president put our collective security (the USA) at risk by squandering the SPR? We need that oil for real emergencies, not those manufactured by Biden’s ineptitude.
Then, it occurred to me that the reason he did it was simple. It’s easy. It’s also meaningless. While 50 million barrels sounds like a lot of oil to you and me, those in-the-know, know that America burns through 50 million barrels every two days, give or take 12 hours depending on things like holidays or weather conditions. When I say those in-the-know, that should include the Biden administration but obviously doesn’t.
So 50 million barrels is meaningless, and the proof is there for all to see. What’s the price of gas today? Hmmm? Biden doesn’t care whether you pay $4 or $5 a gallon at the pump. The important thing for him is being able to say that he did something. Besides, when no one is looking, the Biden administration will just buy back that 50 million barrels and Bob’s-Your- Uncle.
I promised an RBDBE, and here it is. It’s something that I haven’t heard anyone report on, so I’ll do my best to throw it out there myself.
Today, under Biden’s dysfunctional economy, the price of oil is just over $83 a barrel. Back in the summer of 2020, during the Trump economic success story, the price of oil bottomed out at just over $12 a barrel. Folks, I’m not making this up. You can fact-check it for yourself if you need to, but if you drive a car or buy just about anything, you know it’s true.
Under President Trump, we purchased oil for $12 a barrel times 50 million barrels =
Under Joe Biden, we purchase oil for $83 a barrel times 50 million barrels =
Millions to Billions: Biden’s 50 Million Barrel SPR release is meaningless from every angle except one, more inflation.
PS – At this point, we have to ask ourselves an increasingly vital question. Is the Biden administration entirely inept, or is it entirely adept—at being un-American?
*If this is your first time, RBDBE is a Random Bus Driver Brain Eruption.
I just so happened to be looking at an old post I wrote back in October titled The Art of Not Saying when I came across this. Fauci said that the spread of covid wasn’t caused by immigrants. His exact words, “This is not driven by immigrants.”
Again he was referring to the spread of Covid-19, and he was absolutely right. Click on the link above to find out why. Don’t worry. It’s a quick read.
Why am I bringing this up again? I think it’s the same logic being used by the Biden administration when they say the Build Back Better/Hyper-Inflation Bill won’t cost a penny and will actually reduce inflation.
I had two RBDBE’s about this while driving last week, but they turned out to be duds. I never figured out the hook. How are they contorting the words so that it isn’t a lie? They had me stumped. So much so, that I started to worry because maybe, just maybe, there isn’t a hook.
If there isn’t a hook then, Whiskey Tango Foxtrot! Could it be true?
What do you think?
Would you believe any of them?
Where’s the Truth?
PS – Alas, while typing this post, I had another RBDBE, and this one didn’t fizzle. The answer is as terrible as it gets for democrats and the facts.
They simply don’t care that they have to lie about their ideology and policies. So they do. Whether it’s the border crisis, Americans left behind in Afghanistan, inflation, Hunter’s ties to the CCP, just lie about it until something else comes along to lie about.
Shoo….. Thank God for RBDBE’s.
PPS – Democrat Senators, are you smart enough to listen? Your Representative Brethren in the House did not.
A few days ago I was driving my bus by a gas station and the price on the sign caught my eye, $3.31/gallon*. It was one of those local non-affiliated stations with cheap gas and who-knows-what coming out of the pumps. Their price is consistently cheaper by five to ten cents so I was expecting something in the range of $3.21 based on the price at my station the day before. A few moments later things clicked and I had an RBDBE (random bus driver brain eruption).
I said to myself (because no one else was listening), “Damn, it feels like the Jimmy Carter years.”
Then, yesterday morning Maria Bartiromo had Sen. Ted Cruz on to discuss the Biden spending plans and their inflationary impact. I was snapped out of my morning fog when I heard him make the same Biden/Carter analogy. He began by referencing That 70’s Show because of the title, but then he enumerated all the reasons why it feels like Jimmy Carter 2.0.
He started with skyrocketing double-digit annual inflation. Then he continued with, gas lines, a middle-east crisis, middle-east hostages, America surrendering in Afghanistan, and then he made the point that there’s a cause and effect factor. When you push bad policy and spend trillions upon trillions of dollars, you get Jimmy Carter. It all amounts to a weak America, a world in chaos (the way the communists like it), and massive inflation. I’d add to that, massive Stagflation.
For those of you too young to remember the 70’s, massive inflation is supposed to accompany wage and salary increases. But as the inflationary condition metastasizes, wages and salaries stop rising while prices continue to soar. In the end, everything costs more each time you try to buy it, and you never have enough money to pay for it. So you’re forced to do with less, a lot less.
Today, Joe Biden is going to sign the Infras—I mean the Inflation Bill part -1 into law. Stagflation is on the way. It’s the Jimmy Carter 70’s Show all over again. Mark my words.
What’s worse, the Biden administration is doing this with intention. They want you to pay more for everything including gas, heating fuel, and electricity. It’s part of their climate change plan. All this massive spending is intended to expand government control through inflation. If you have less economic power, you’re more dependent on the government and easier to control. The proof is in the pudding. Watch Jen Psaki smile, tell the truth, and then lie about it.
That 70’s Show with Creepy Joe.
*I know there are those who see the $3.31 price for gas and wonder why I’m complaining. They pay $5-$6. These are primarily people in the Northeast and the entire pacific coast.
Why do I complain? Perspective (I should be paying about $1.75). Why are you paying $5-$6? It’s your own fault. Elections have consequences. You have governors like Cuomo (resigned) and Newsom (recall). My governor is DeSantis.