Boys and Girls, ECONOMICS 101.
The law of supply and demand. If supply stays the same and demand goes up, PRICE goes up.
If supply goes down and demand stays the same, PRICE goes up.
And so on.
The Roosevelt welfare state Keynes method (a mentality which by itself gave us TRILLIONS in a national debt) is getting more money into the hands of citizens. Problem is, SUPPLY remained the same. Therefore that supply COST MORE.
More dollars means each dollar is worth less.
If an economy is GROWING and more SUPPLY is made domestically, (and the paying population is increasing) then the money supply has to reflect that.
That basically gave us the REAGAN miracle, which (a) gave America the greatest economy of the 20th Century and (b) brought in an additional TRILLION DOLLARS in extra revenue by 1986, even though Entitlement spending far outpaced all other spending
The Reagan plan was called SUPPLY SIDE.
(The idiots here who were socially promoted out of blue state public schools and useless diploma mills with HUGE student loan debts try to refer to this as trickle down. Once again, showing that liberals everywhere have BAT GUANO for brains.)
