Business
FACT CHECK: Who’s to blame for high grocery, energy, other costs?
From The Center Square
By
With inflationary costs reaching a 40-year high under the Biden-Harris administration, President Joe Biden, Vice President Kamala Harris and others in their administration have repeatedly blamed businesses, livestock producers, grocery stores, oil and natural gas companies and others for high prices.
At the same time, a record number of businesses closed, declared bankruptcy and laid off hundreds of thousands of workers, citing high inflationary costs. In a recent report, nearly half of all small businesses said they won’t survive a second Harris term, higher costs and increased taxes, The Center Square reported.
Despite this, Harris says she plans to implement price controls, increase taxes on businesses and allow the 2017 tax cuts to expire, creating a $6 trillion chasm between her plan and former President Donald Trump’s, the Wall Street Journal reported.
As Americans struggled with increased grocery costs, including the high cost of meat, producers were faced with higher fuel, feed, grain and hay costs, driving up their operational costs that were passed onto consumers, according to multiple reports. In response, in 2021, the White House National Economic Council blamed high meat prices on “dominant corporations in uncompetitive markets taking advantage of their market power.”
The U.S. Chamber of Commerce disagrees, arguing that market concentration in the meat packing industry had been virtually unchanged for 25 years at the time. It then asked “if high prices are the result of corporate greed, why did these ‘greedy’ companies wait two decades to raise prices?” It clarified that increased meat prices were driven by supply and demand and overall inflation, largely created by increased federal spending and debt.
With costs increasing across the board, some companies adjusted by selling less product for more, referred to as shrinkflation, The Center Square first reported in 2022. However, Biden and Harris blamed companies for higher costs, reportedly in response to Democratic operatives advising them to do so, The Washington Post reported.
“What we said is, ‘You need a villain or an explanation for this. If you don’t provide one, voters will fill one in. The right is providing an explanation, which is that you’re spending too much,’” one Democratic operative told the Post. “That point finally became convincing to people in the White House.”
“And thus began the effort to wrongly blame employers for high prices,” the chamber’s executive vice president Neil Bradley said in a report identifying examples of the White House “wrongly blaming businesses for high prices.”
Also in 2022, Biden publicly blamed container companies for high shipping costs. News reports pointed to supply chain issues impacted by worker shortages, changes in customer spending that resulted in more cargo arriving in ports that the ports couldn’t handle, and port fines and fees contributing to higher costs.
The chamber notes that increased prices “resulted from consumers shifting their spending from services to goods” during the COVID-lockdown era, causing increased cargo demand. “Increased demand created backlogs at the ports, raising prices even higher. As supply and demand normalized, prices fell.”
By 2023, the president again publicly blamed the U.S. oil and natural gas industry for gas prices reaching a seven-year high. This was after he took more than 200 actions against the U.S. oil and natural gas industry, U.S. House Democrats introduced a bill that would have added a 50% per barrel tax, and the U.S. Treasury Department proposed a $110 billion tax hike on the industry, The Center Square reported.
But the industry doesn’t control the market, it’s subject to it like everyone else, Texas Independent Producers & Royalty Owners Association President Ed Longanecker said. The Biden-Harris administration could have lowered costs by expediting permits, lifting the federal leasing ban and creating “a more stable regulatory environment that provides certainty to producers and investors,” he told The Center Square. “Overburdensome regulations, increased taxes and anti-oil and natural gas rhetoric” exacerbated high energy prices and raised consumer costs, he said.
The administration has also repeatedly sued the industry and Texas, which leads U.S. production, exports and energy creation. In response, Texas Gov. Greg Abbott has aggressively fought to protect the Texas industry from Biden policies, the governor argues.
Also in 2023, the chair of Biden’s Council of Economic Advisers said grocery sector profit margins “were elevated” and needed to “pass-through” to consumers. Earlier this year, Biden again claimed, “there are still too many corporations in America ripping people off: price gouging, junk fees, greedflation, shrinkflation.”
The chamber refutes these claims, pointing to federal data, arguing that “higher grocery prices are a result of inflationary pressure across the supply chain and basic supply and demand dynamics,” explained by Department of Agriculture and Government Accountability Office economists.
Biden and Harris blaming businesses for high prices is “entirely backward,” Bradley says. “The truth is the Administration’s own fiscal and regulatory policies are driving inflation, and the American consumer is left holding the bag.”
From the Brownstone Institute
The House report on HHS Covid propaganda is devastating. The Biden administration spent almost $1 billion to push falsehoods about Covid vaccines, boosters, and masks on the American people. If a pharma company had run the campaign, it would have been fined out of existence.
HHS engaged a PR firm, the Fors Marsh Group (FMG), for the propaganda campaign. The main goal was to increase Covid vax uptake. The strategy: 1. Exaggerate Covid mortality risk 2. Downplay the fact that there was no good evidence that the Covid vax stops transmission.
The propaganda campaign extended beyond vax uptake and included exaggerating mask efficacy and pushing for social distancing and school closures.
Ultimately, since the messaging did not match reality, the campaign collapsed public trust in public health.
The PR firm (FMG) drew most of its faulty science from the CDC’s “guidance,” which ignored the FDA’s findings on the vaccine’s limitations, as well as scientific findings from other countries that contradicted CDC groupthink.
The report details the CDC’s mask flip-flopping through the years. It’s especially infuriating to recall the CDC’s weird, anti-scientific, anti-human focus on masking toddlers with cloth masks into 2022.
President Biden’s Covid advisor Ashish K. Jha waited until Dec. 2022 (right after leaving government service) to tell the country that “[t]here is no study in the world that shows that masks work that well.” What took him so long?
In 2021, former CDC director, Rochelle Walensky rewrote CDC guidance on social distancing at the behest of the national teachers’ union, guaranteeing that schools would remain closed to in-person learning for many months.
During this period, the PR firm FMG put out ads telling parents that schools would close unless kids masked up, stayed away from friends, and got Covid-vaccinated.
In March 2021, even as the CDC told the American people that the vaxxed did not need to mask, the PR firm ran ads saying that masks were still needed, even for the vaxxed. “It’s not time to ease up” we were told, in the absence of evidence any of that did any good.
In 2021, to support the Biden/Harris administration’s push for vax mandates, the PR firm pushed the false idea that the vax stopped Covid transmission. When people started getting “breakthrough” infections, public trust in public health collapsed.
Later, when the FDA approved the vax for 12 to 15-year-old kids, the PR firm told parents that schools could open in fall 2021 only if they got their kids vaccinated. These ads never mentioned side effects like myocarditis due to the vax.
HHS has scrubbed the propaganda ads from this era from its web pages. It’s easy to see why. They are embarrassing. They tell kids, in effect, that they should treat other kids like biohazards unless they are vaccinated.
When the Delta variant arrived, the PR firm doubled down on fear-mongering, masking, and social distancing.
In September 2021, CDC director Walensky overruled the agency’s external experts to recommend the booster to all adults rather than just the elderly. The director’s action was “highly unusual” and went beyond the FDA’s approval of the booster for only the elderly.
The PR campaign and the CDC persistently overestimated the mortality risk of Covid infection in kids to scare parents into vaccinating their children with the Covid vax.
In Aug. 2021, the military imposed its Covid vax mandate, leading to 8,300 servicemen being discharged. Since 2023, the DOD has been trying to get the discharged servicemen to reenlist. What harm has been done to American national security by the vax mandate?
The Biden/Harris administration imposed the OSHA, CMS, and military vax mandates, even though the CDC knew that the Delta variant evaded vaccine immunity. The PR campaign studiously avoided informing Americans about waning vaccine efficacy in the face of variants.
The propaganda campaign hired celebrities and influencers to “persuade” children to get the Covid vax.
I think if a celebrity is paid to advertise a faulty product, that celebrity should be partially liable if the product harms some people.
In the absence of evidence, the propaganda campaign ran ads telling parents that the vaccine would prevent their kids from getting Long Covid.
With the collapse in public trust in the CDC, parents have begun to question all CDC advice. Predictably, the HHS propaganda campaign has led to a decline in the uptake of routine childhood vaccines.
The report makes several recommendations, including formally defining the CDC’s core mission to focus on disease prevention, forcing HHS propaganda to abide by the FDA’s product labeling rules, and revamping the process of evaluating vaccine safety.
Probably the most important recommendation: HHS should never again adopt a policy of silencing dissenting scientists in an attempt to create an illusion of consensus in favor of CDC groupthink.
You can find a copy of the full House report here. The HHS must take its findings seriously if there is any hope for public health to regain public.
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Business
Taxpayer watchdog calls Trudeau ‘out of touch’ for prioritizing ‘climate change’ while families struggle
From LifeSiteNews
The prime minister told a G20 panel this week that fighting so-called ‘climate change’ should be more important to families than putting food on the table or paying rent.
Canada’s leading taxpayer watchdog blasted Prime Minister Justin Trudeau for being completely “out of touch” with everyday Canadians after the PM earlier this week suggested his climate “change” policies, including a punitive carbon tax, are more important for families than trying to stay financially afloat.
In speaking to LifeSiteNews, Canadian Taxpayers Federation (CTF) federal director Franco Terrazzano said Trudeau’s recent comments show his government “continues to prove it’s out of touch with its carbon tax.”
“Canadians don’t support the carbon tax because we know it makes life more expensive and it doesn’t help the environment,” Terrazzano told LifeSiteNews.
Terrazzano’s comments come after Trudeau told a G20 panel earlier this week that fighting so-called “climate change” should be more important to families than putting food on the table or paying rent.
Speaking to the panel, Trudeau commented that it is “really, really easy” to “put climate change as a slightly lower priority” when one has “to be able to pay the rent this month” or “buy groceries” for their “kids,” but insisted that “we can’t do that around climate change.”
Terrazzano said that the Trudeau government’s carbon tax in reality “impacts nearly all aspects of life in Canada by making it more expensive to fuel up our cars, heat our homes and buy food.”
“The carbon tax also puts a huge hole in our economy that we can’t afford,” he said to LifeSiteNews, adding that if Trudeau really wanted to help Canadians and “prove it understands the struggles facing Canadians,” then it should “scrap the carbon tax to make life more affordable.”
On Thursday, Trudeau, who is facing abysmal polling numbers, announced he would introduce a temporary pause on the federal Goods and Services Tax (GST) for some goods.
Conservative Party of Canada leader Pierre Poilievre this afternoon said about Trudeau’s temporary tax holiday that if he is serious about helping Canadians, he would cut the carbon tax completely.
People’s Party of Canada (CPC) leader Maxime Bernier called the move by Trudeau a cheap trick to try and “bribe” Canadians, noting that it will not work.
“What a ridiculous gimmick. Bribing Canadians temporarily with borrowed money,” Bernier wrote.
“When the real solution is to stop growing the bureaucracy, cut wasteful spending, stop sending billions to Ukraine, eliminate subsidies to businesses and activist groups, stop creating new unsustainable and unconstitutional social programs, eliminate the deficit, and THEN, cut taxes for real. None of which he will do of course.”
As reported by LifeSiteNews, a survey found that nearly half of Canadians are just $200 away from financial ruin as the costs of housing, food and other necessities has gone up massively since Trudeau took power in 2015.
In addition to the increasing domestic carbon tax, LifeSiteNews reported last week that Minister of Environment Steven Guilbeault wants to create a new “global’ carbon tax applied to all goods shipped internationally that could further drive-up prices for families already struggling with inflated costs.
Not only is the carbon tax costing Canadian families hundreds of dollars annually, but Liberals also have admitted that the tax has only reduced greenhouse gas emissions by 1 percent.
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