By David Gottfried President Gerald Ford’s 1974 address to the nation on inflation. It was so boring that it’s sort of funny – if you’re smoking a joint. Essentially, he said that all economists agreed that we must “Whip Inflation Now.” This memorable mantra gave rise to WIN buttons which disseminated his uplifting and sage pronouncement that we must whip inflation now.
I’m not sure this will get to you David Gottfried based on the random email address showing for you, but here it goes.
I am so amused when people spout off about something they know little about. It drives me crazy. I am literally dumbfounded by the complete ignorance of these silly humans. Then, I come across you from some random email list I must have been put on. All I can say is that I absolutely cherish smart people. David, I might cherish you more than any other person in the world at this point!!! I was thrilled to hear your voice without giving af (not a mistake) to what people say. Yes, you are correct. There is always a lag between elected presidents. Joe Biden might honestly be the best President of the United States ever. Top (3) no doubt…but we need to wait about 10 years so our hindsight is 20/20. LOL
Please reach out to me. I would like to discuss Federal and State policy. I would really enjoy talking with you and maybe together we can nudge the scale so the America that our WWII veterans so fought for is not lost in the ages. Yah and Washington and Lincoln too....lol
THERE ARE A FEW UNPOPULAR THINGS THE GOV CAN DO IMMEDIATELY TO CUT INFLATION AT THE KNEE. 1. INSTITUTE A VAT TAX LIKE IN THE REST OF THE WORLD 15%-25% ON ALL NON ESSENTIAL GOOD. 2. INCREASE TAXES ACROSS THE BOARD. 3. RAISE THE INTEREST RATE NOT BY A PATHETIC MANSY PANSY .75% WHEN INFLATION IS RUNNING AT 9%. INTEREST RATES NEED TO BE AT LEAST THE SAME IF NOT MORE THAN INFLATION. 4. CUT GOV SPENDING WHICH WILL NEVER HAPPEN. IF WE WERE TO DO ALL OR 1/2 OF MY SUGGESTIONS IT WILL IMMEDIATELY CUT INFLATION, GOV BALANCE SHEETS WILL BE HEALTHIER AND IT WILL REDUCE DEMAND FOR GOODS. AT THE SAME TIME IT WILL PENALIZE THE WEALTHY VIA THE VAT AKA CONSUMPTION TAX. THIS IS A SHIT SHOW THAT STARTED 14 YEARS AGO AND ITS GOING TO GET REALLY UGLY SOON. ON A POSITIVE NOTE MOST OF THE SMART MONEY IS ALREADY IN THE PROCESS OR HAVE COMPLETED THE PROCESS OF SAFE GUARDING THEIR ASSETS WHILE THE REST OF THE MORONS WILL BE LEFT HOLDING THE BAG OF SHIT AND WILL HAVE TO WAIT 3-5 YEARS TO MAKE UP WHAT WAS LOST. I BELIEVE THIS NEXT RECESSION IS GOING TO BE MUCH WORSE THAN THE 2008 ONE. IN FACT IT WILL MOST LIKELY BE CLOSER TO THE GREAT DEPRESSION AND ITS GOING TO HIT WHITE COLLAR WORKERS HARD.
Gerry Ford could really whip up enthusiasm! I remember! WIN buttons were the perfect trinket to coax everyone to whip it, whip it, whip it. But there weren't any instructions on the back to help you whip it - so nothing got whipped for years.
Yes, I agree - as a former college economics major, I too am dismayed at the generally poor grasp of current affairs in the U.S. It's clear that it's producing a palpable strain on democracy.
In the UK we have senior politicians who think we can beat inflation by reducing taxation. 😁
I’m not sure this will get to you David Gottfried based on the random email address showing for you, but here it goes.
I am so amused when people spout off about something they know little about. It drives me crazy. I am literally dumbfounded by the complete ignorance of these silly humans. Then, I come across you from some random email list I must have been put on. All I can say is that I absolutely cherish smart people. David, I might cherish you more than any other person in the world at this point!!! I was thrilled to hear your voice without giving af (not a mistake) to what people say. Yes, you are correct. There is always a lag between elected presidents. Joe Biden might honestly be the best President of the United States ever. Top (3) no doubt…but we need to wait about 10 years so our hindsight is 20/20. LOL
Please reach out to me. I would like to discuss Federal and State policy. I would really enjoy talking with you and maybe together we can nudge the scale so the America that our WWII veterans so fought for is not lost in the ages. Yah and Washington and Lincoln too....lol
THERE ARE A FEW UNPOPULAR THINGS THE GOV CAN DO IMMEDIATELY TO CUT INFLATION AT THE KNEE. 1. INSTITUTE A VAT TAX LIKE IN THE REST OF THE WORLD 15%-25% ON ALL NON ESSENTIAL GOOD. 2. INCREASE TAXES ACROSS THE BOARD. 3. RAISE THE INTEREST RATE NOT BY A PATHETIC MANSY PANSY .75% WHEN INFLATION IS RUNNING AT 9%. INTEREST RATES NEED TO BE AT LEAST THE SAME IF NOT MORE THAN INFLATION. 4. CUT GOV SPENDING WHICH WILL NEVER HAPPEN. IF WE WERE TO DO ALL OR 1/2 OF MY SUGGESTIONS IT WILL IMMEDIATELY CUT INFLATION, GOV BALANCE SHEETS WILL BE HEALTHIER AND IT WILL REDUCE DEMAND FOR GOODS. AT THE SAME TIME IT WILL PENALIZE THE WEALTHY VIA THE VAT AKA CONSUMPTION TAX. THIS IS A SHIT SHOW THAT STARTED 14 YEARS AGO AND ITS GOING TO GET REALLY UGLY SOON. ON A POSITIVE NOTE MOST OF THE SMART MONEY IS ALREADY IN THE PROCESS OR HAVE COMPLETED THE PROCESS OF SAFE GUARDING THEIR ASSETS WHILE THE REST OF THE MORONS WILL BE LEFT HOLDING THE BAG OF SHIT AND WILL HAVE TO WAIT 3-5 YEARS TO MAKE UP WHAT WAS LOST. I BELIEVE THIS NEXT RECESSION IS GOING TO BE MUCH WORSE THAN THE 2008 ONE. IN FACT IT WILL MOST LIKELY BE CLOSER TO THE GREAT DEPRESSION AND ITS GOING TO HIT WHITE COLLAR WORKERS HARD.
I think Biden's just trying to use the hand he's been dealt as best he can and you bring up great points about his predecessor's decisions.
Gerry Ford could really whip up enthusiasm! I remember! WIN buttons were the perfect trinket to coax everyone to whip it, whip it, whip it. But there weren't any instructions on the back to help you whip it - so nothing got whipped for years.
Yes, I agree - as a former college economics major, I too am dismayed at the generally poor grasp of current affairs in the U.S. It's clear that it's producing a palpable strain on democracy.