The Werwolfs are Out

The Words say it all: 5% year over year Inflation, with 2.4% Core Inflation, with 0.6% Price increase in May, and 1.1% Price increase in June. Such Numbers would destroy the Mortgage markets, even if they had been stable prior to the Price increases. Walmart and Menard’s might be tempted to alter their Construction schedule due to the adverse economic conditions. The Grocery chains try to dodge the Transport Costs; still, their high-Profit luxury foods are starting to be left on the Shelves. I fear for the Lawn Services, and wonder if Lawnmower Sales are going up. We are a Generation away from the last Inflationary Period of high Order, and we Baby Boomers remain Tired; are We too old to go to the Mattresses? We sure can’t Drive back, Gas being as High as it is!

Democrats are pushing for further economic stimulus, while Republicans are showing resistence. The first Stimulus Package is rightfully being eaten up by Inflation and correction of the economic errors of the flush Period, but there is recognizable Danger of simply feeding Inflation with further stimulus. I fear I must stand against all economic proposals, and seek the death of the Bush Tax Cuts; a Stance which would dampen Inflation, cut most expansionary plans, and bring the Layoffs which are bound to come at this Point. It might seem like a most unnecessary bucket of cold water thrown on the Economy, but We need immediate relief in Commodity pricing, and current Growth schedules are totally unrealistic and inconsistent with current Household Consumption patterns–the quicker We change, the easier will be the Change. We have to redirect the Economy.

Tyler Cowen probably thinks as much of my Answer as this (be sure to Read his commentary section). It is all becoming a Combat between left-wing radicals and black-horde reactionaries! I probably would vote to ‘Do Nothing’ if I were not already on Record (reread the previous paragraph). As the NYTimes and Tyler prove, sudden economic measures are almost always excessive, most impractical, and will not alter the economic condition with the immediacy necessary for Change. lgl