{"id":56373,"date":"2021-01-09T09:19:27","date_gmt":"2021-01-09T14:19:27","guid":{"rendered":"https:\/\/olduvai.ca\/?p=56373"},"modified":"2021-01-09T09:19:27","modified_gmt":"2021-01-09T14:19:27","slug":"democrat-control-of-washington-could-trigger-four-years-of-surging-inflation","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=56373","title":{"rendered":"Democrat Control of Washington Could Trigger Four Years of Surging Inflation"},"content":{"rendered":"
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Democrat Control of Washington Could Trigger Four Years of Surging Inflation<\/a><\/h3>\n<\/div>\n<\/div>\n<\/section>\n
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\"Democrat<\/p>\n
Doug Mills\/The New York Times<\/span><\/div>\n<\/div>\n

At the beginning of the first term of a newly elected POTUS, the first 100 days set the tone for what that administration wants to accomplish.<\/p>\n

Joe Biden\u2019s election has been\u00a0certified<\/a>\u00a0by Vice President Mike Pence, so his first 100 days will begin on January 20. The new administration\u2019s economic agenda has priorities that could differ from yours.<\/p>\n

But that\u2019s not all.<\/p>\n

As the\u00a0New Republic<\/em><\/a>\u00a0points out, a newly elected 50-50 Senate \u201cdramatically changes the power realities awaiting Joe Biden on January 20.\u201d Because the new Vice President Kamala Harris will represent the Senate \u201ctie-breaker\u201d vote. Meanwhile, Mitch McConnell will become the\u00a0minority<\/em>\u00a0leader. That means McConnell wouldn\u2019t be able to obstruct proposed legislation as he has been able to do in the past.<\/p>\n

So those first 100 days that set the tone for the administration, what might they look like?\u00a0According<\/a>\u00a0to historian Donald Critchlow, this, among other things:<\/p>\n

Raising taxes; the Green New Deal; expansion of ObamaCare as the first step toward nationalized healthcare; a massive stimulus bill; immigration reform with border security in name only; and appeasement with China.<\/p><\/blockquote>\n

Critchlow added ominously, \u201cThe first 100 Days of the Biden administration might very well go down in the history books as the \u2018100 Days of No Return.\u2019\u201d<\/p>\n

Then there is the potential for an even more alarming shift in the balance of power, according to\u00a0Newsmax<\/a>:<\/p>\n

Capitol Hill observers generally agree that one of the first pursuits of a Democrat-controlled Senate would be admission of statehood for both the District of Columbia and Puerto Rico \u2014\u00a0a move that would guarantee both two senators and a Democrat Senate majority for years to come<\/strong>.<\/p><\/blockquote>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n

 <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Democrat Control of Washington Could Trigger Four Years of Surging Inflation Doug Mills\/The New York Times At the beginning of the first term of a newly elected POTUS, the first 100 days set the tone for what that administration wants to accomplish. Joe Biden\u2019s election has been\u00a0certified\u00a0by Vice President Mike Pence, so his first 100 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[18769,1849,426,1320,535,9931],"class_list":["post-56373","post","type-post","status-publish","format-standard","hentry","category-economics","tag-birch-gold-group","tag-financial-markets","tag-inflation","tag-joe-biden","tag-monetary-stimulus","tag-washington-d-c"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/56373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56373"}],"version-history":[{"count":0,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/56373\/revisions"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}