• MEDIA: Globalist Magazine Admits Joe Biden's Migration Spikes Inflation

    From John D Groenveld@21:1/5 to All on Sun May 12 11:44:30 2024
    Via Breitbart Immigration, Breitbart.COM/immigration, see Neil Munro
    on whether Casey and Ron DeSantis pitched to David McIntosh's Club
    for Growth advertisements on Lachlan Murdoch's FoxNews.COM portraying
    DeSantis as a tribune for affordable family formation for legacy
    American proles and their posterity: <URL:https://www.breitbart.com/immigration/2024/05/01/globalist-magazine-admits-bidens-migration-spikes-inflation/>
    | But the connection between consumer demand, immigration, and
    | inflation is sneaking through the gatekeepers in the establishment
    | media. For example, Bloomberg noted on April 4, "FHN Financial's
    | Chris Low points out that while a bigger labor force puts downward
    | pressure on wages, 'it also puts upward pressure on prices.' After
    | all, 'more people are eating, driving and living here.'"
    | Meanwhile, Biden's deputies are trying to downplay the inflation
    | spurred by his decision to import 10 million illegal, quasi-legal,
    | and legal consumers, renters, and workers into the U.S. economy
    | since 2021.
    | Yet the administration's own reports also admit that housing prices
    | are responsible for roughly half of the nation's inflation that
    | helped push up interest rates:
    |
    || Housing's contribution to inflation has significantly increased.
    || Housing now accounts for a third of the consumer basket of items
    || measured in CPI, so even small increases can have an outsized impact
    || on inflation.[1] Last June, housing accounted for a fifth of
    || inflation, contributing 1.7 percentage points. By March 2023,
    || housing's contribution rose to 2.6 percentage points, making up half
    || of annual CPI inflation. For perspective, before the pandemic
    || housing would typically contribute about 1 percentage point to
    || inflation.

    Does Susie Wiles see signs in her (or Bill Stepien before her (or Brad
    Parscale before him)) polling of legacy American proles that a GOP
    candidate has a path to WhiteHouse.GOV without running to Trump's right
    on the National Question with an immigration moratorium?
    John
    groenveld@acm.org
    --
    "Trump and DeSantis makeup 75% of the GOP base and they're both
    saying that we do not need to commit anymore time and money to
    Ukraine. This is the future of the GOP" - Ryan Girdusky <URL:https://twitter.com/RyanGirdusky/status/1635754854168551425>

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