Kamala Harris, the Vice President of the United States, tried to explain how she plans to tackle inflation in a recent social media ad. However, her ad failed to provide a clear explanation. Harris mentioned fighting against big corporations that supposedly “rip us off.” This term suggests criminal behavior, yet the Justice Department has brought forth no such charges under the Biden administration.
It’s important to note that blaming corporations for inflation overlooks the role of the government in printing excessive amounts of money. Former President Ronald Reagan once highlighted the actual cause of inflation, emphasizing the government’s responsibility. Democrats, including Senator Bob Casey, have been using the term “rip-off” in their ads, indicating a coordinated effort within the party to shift blame onto businesses.
The Biden-Harris administration is directly responsible for skyrocketing inflation, driven by reckless spending, an attack on American energy, and policies that pushed interest rates higher. Kamala Harris’s so-called "economic plan" is nothing more than a scheme to expand… pic.twitter.com/RNibWGwJwq
— Congressman Dan Meuser (@RepMeuser) September 11, 2024
The use of slang like “rip-off” to address a complex economic issue like inflation shows a lack of respect for voters’ intelligence. It also reveals a deliberate attempt to keep the public uninformed about the true causes of inflation. By scapegoating corporations, Democrats are perpetuating a divisive narrative of class warfare, a tactic that has been ingrained in American culture for years.
Inflation affects everyone, regardless of political affiliation. It erodes savings and distorts the economy, yet political rhetoric often oversimplifies the issue. While Democrats propose legislative measures like the Inflation Reduction Act, the fundamental solution lies in curbing government spending and monetary policies that devalue the currency.
Republicans must also be mindful of the dangers of excessive money printing if they regain power. Inflation is not a problem that can be solved through symbolism or empty promises. Both parties need to address the root causes of inflation and work towards responsible fiscal policies to safeguard the economy for future generations.