It reminds me of the joke about the Lib in the hot air balloon...
A woman in a hot air balloon realized she was lost. She lowered altitude and spotted a man in a boat below. She shouted to him, "Excuse me, can you help me? I promised a friend I would meet him an hour ago, but I don't know where I am."
The man consulted his portable GPS and replied, "You're in a hot air balloon approximately 30 feet above a ground elevation of 2,346 feet above sea level. You are 31 degrees, 14.97 minutes north latitude and 100 degrees, 49.09 minutes west longitude."
She rolled her eyes and said, "You must be a Republican."
"I am," replied the man. "How did you know?"
"Well," answered the balloonist, "everything you told me is technically correct, but I have no idea what to make of your information, and I'm still lost. Frankly, you've not been much help to me."
The man smiled and responded, "You must be a Democrat."
"I am," replied the balloonist. "But how did you know?"
"Well," said the man, "You don't know where you are or where you're going. You've risen to where you are due to a large quantity of hot air. You've made a promise that you have no idea how to keep, and now you expect ME to solve your problem. You're in EXACTLY the same position you were in before we met, but somehow, now, it's MY fault.
I AM DEPLORABLE.
NEVER CRIMINAL HILLARY (S-NY)
"He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
I guess not. Productivity declined l in all sectors LONG before inflation kicked in.
What caused their inflation to shoot to the highest rates in the world is the fact that they started printing massive amounts of new currency.
They started printing because their debt reached unsustainable levels, they burned their creditors, ( sesems to be the Progressive thing to do ) and now no one with any sense will lend them a dime.
Nothing has changed in the real world. In the MMT alternative Universe printing and borrowing grows the economy. But ofcourse its all BS.
I think the real issue conservatives have with the way the government handles the economy is one of ethics. Liberal economics is many times unethical because it concerns itself with growth before people, so in short, it basically uses individuals for economic growth. For me, I happen to agree that ethics should be a part of economics, and the government shouldn't just use people and their property to get the results it wants.
Yes, it's my fault you don't understand what you're doing and you created a bubble. Yes, yes, that is totally my fault. Get lost.