John Hinderaker:
The broader point is that, according to the Democrats, we have suddenly been beset by a plethora of capitalist conspiracies, worthy of Chavez/Maduro Venezuela: Big Oil is responsible for exploding gasoline prices, auto companies–according to Warren–are to blame for rapidly rising vehicle prices, semiconductor companies (again, per the eternally clueless Ms. Warren) are behind the chip shortage, and so on.
It is hard to understand why all of these industries would conspire to raise prices at the same time, coinciding–by coincidence, apparently–with the Biden administration’s wild money-printing and spending spree. Hard to explain, that is, if, like Elizabeth Warren, you don’t know a damn thing about economics.
# posted by Ranger @ 12:58 PM
