The Real Cost Of Living

Washington always finds a way to lie with statistics when it comes to the economy. Limiting the items included in the Consumer Price Index (CPI) is one way to convince Americans that inflation isn’t as bad as it seems and also a way to limit the Cost of Living Adjustment (COLA) of various federal disbursements. However, those fake numbers don’t help Americans deal with the rising cost of food and gasoline.

On Sunday, PJ Media posted an article about the rising cost of living in America.

The article reports:

Perhaps the most misleading government statistic of all is the Consumer Price Index. The CPI is an incredibly important statistic because so many government programs that benefit American citizens are tied to that number.

It’s usually cited as the inflation rate, but it’s not really. The CPI is the rate of increase in a subjective “market basket” of goods and services. The things that concern you and me the most as far as price increases have very little to do with the CPI. The CPI doesn’t track food or gas prices at the pump, so the CPI that we see every month doesn’t tell us anything useful.

Right now, the CPI stands at 3.1%. That’s down from a high of 9.1% in June 2022. But even that doesn’t tell us the whole inflation story because along with skyrocketing food and gas prices, real wages failed to keep pace with the price increases.

According to The New York Sun:

The Bureau of Labor Statistics released jobs numbers this morning that show non-farm wages increased 4.1 percent in the past year, which is above the inflation rate of 3.1 percent. The problem is that inflation-adjusted real hourly wages — those of the average blue-collar or middle-class person — are down 4.7 percent today from when Mr. Biden took office. That’s a weekly earnings decline in real wages to $381 in November 2023 from $399 in January 2021, according to the Bureau of Labor Statistics.

“The reason Biden polls so badly is that there’s a decline in wages and an increase in prices,” a former economic adviser to President Trump, Larry Kudlow, tells the Sun. He calls this the “affordability crisis.”

Americans feel it when they walk into the grocery store. Food prices increased nearly 6 percent in 2023, according to the Department of Agriculture. In 2022, at-home food prices — what one buys in a grocery store — increased more than 11 percent. No matter one’s income, it’s hard not to notice the rising cost of food at the grocery store and at restaurants — even fast food.

Are voters going to believe what they are told or what they see?

The Five Questions That Will Determine The Presidential Election In November

The New York Sun posted an article yesterday by Conrad Black. The article lists the five things that will determine who wins the presidential election in November.

These are the five things listed in the article:

    • Can the President override the Democratic press’s thunderous campaign to terrorize the country over the coronavirus?

    • Can the president successfully connect Vice President Biden’s campaign to the hooligans, anti-white racists, and urban guerrillas who effectively are being encouraged by the corrupt Democratic mayors of many of the nation’s largest cities?

    • Will the economic recovery and the decline in the unemployment generated by the COVID-19 shutdown continue at its recent pace and strengthen the economy as a pro-Trump electoral argument?

    • Will the Republicans make adequately clear to the country the authoritarian and Marxist implications of the Biden-Sanders unity document?

    • Will special counsel John Durham indict senior members of the Obama Administration over their handling of the spurious allegation of collusion between Donald Trump and the Russian government in the 2016 election and Justice Department violations of the Foreign Intelligence Surveillance Act (FISA), and how will Mr. Biden himself come through it?

The coronavirus has given us some insight into what unbridled government authority can do. Some of the regulations put in place by governors and mayors were based on common sense–things your mother told you when you were young like wash you hands, cover your mouth when you cough or sneeze, and don’t hang around with sick people. Other regulations were simply power grabs to prevent Americans from exercising their First Amendment rights–churches in Nevada restricted to a lower percentage of occupancy than casinos, protests to open businesses criticized and shut down while other protests (that included looting and riots) were allowed to continue. We have had a taste of out-of-control government in recent months. A vote for Joe Biden and whoever he chooses as his running mate will give us more of the same. Joe Biden has already stated that he wants to reassemble the Obama team–the group that gave us anemic economic growth, Benghazi where our ambassador was murdered followed by lying about it on television, ISIS, politicization of the Justice Department, and too many other scandals to mention.

The voters will choose. We need to pray for wisdom in voting and an honest election.

The Need To Pay Attention

In a speech in Dublin, Ireland, on July 10, 1790, John Philpot Curran stated, “The condition upon which God hath given liberty to man is eternal vigilance.” The quote has been changed slightly and attributed to other people, but that is the original quote. That quote is particularly applicable right now as there are those (some in our government) who are blatantly attacking one of the pillars of our representative republic.

On July 6th, I posted an article about the Supreme Court decision regarding the requirement that electors in the Electoral College vote for their state’s popular vote winner. That decision was a win for the Constitution. However, that decision is not the last we will hear on the subject.

Yesterday The New York Sun posted an editorial noting the next attack on the Electoral College. Understand that the Electoral College is what stands between the representative republic we now have and mob rule. If you believe that New York, California, and a few other populous states are well run, then abolishing the Electoral College would allow those states to run the entire country. That is a scary thought.

The editorial notes:

Now that the Supreme Court has vouchsafed the power of a state to require its presidential electors to vote in line with their state’s popular vote, a new question glimmers in the constitutional mist: Could a state require its electors to vote against the wishes of the state’s own voters? That might seem a ridiculous question. Feature, though, the National Popular Vote Interstate Compact.

It’s a workaround designed to commit the states to use the Electoral College to deliver the presidency to the winner of the national popular vote. It’s the first thing that came to mind when the Supreme Court today unanimously concluded that states have the power to punish faithless electors. Most justices credited the language in Article 2, which grants states the power to appoint electors.

The key phrase is that each state shall appoint its electors “in such Manner as the Legislature thereof may direct.” The court, in an opinion by Justice Kagan, reckons this gives the states the power to attach conditions to the electors it appoints, such as the requirement that they vote for the candidate their home-state voters prefer. It can punish them if they don’t.

The National Popular Vote Interstate Compact, though, is a scheme under which states agree to instruct their electors to ignore what their own state’s voters want and, instead, vote for the winner of the national popular vote. The compact goes into effect when it has been ratified by states whose combined electoral vote count is 270, i.e., enough to choose a president.

The editorial concludes:

The Cancel Culture Is Beginning To Cancel Their Former Heroes

The New York Sun posted an article yesterday about Princeton University’s decision to remove the name of Woodrow Wilson from its school of public affairs. This reverses a decision made four years ago when the topic was also brought up.

The article reports:

…That was in 2016, when Princeton’s trustees, reacting to concerns within the school community and given impetus by Black Lives Matter, appointed a committee to appraise the 28th president of America, decided to continue to honor him.

At issue then was “the position he took as Princeton’s president to prevent the enrollment of black students and the policies he instituted as U.S. president that resulted in the re-segregation of the federal civil service.” Wilson’s name was on not only the School of Public & International Affairs but also a residential college. The board followed the committee’s recommendation to keep Wilson’s name. It issued what seemed to be an important statement.

“Contextualization is imperative,” it said. “Princeton must openly and candidly recognize that Wilson, like other historical figures, leaves behind a complex legacy with both positive and negative repercussions, and that the use of his name implies no endorsement of views and actions that conflict with the values and aspirations of our times.” As the cancel movement spreads today, that plea for context seems even more important.

The article concludes:

So where does that leave us? Writing in 2016 of Wilson’s views on race, scholar David Kennedy said that “We can wish that he had possessed qualities of imagination and empathy that would have liberated him from those views, but he did not.” Kennedy concluded that “In a world where there is no shortage of evil, it surely seems perverse to highlight the imperfections, rather than the positive accomplishments, of those who tried to do their best.”

Four years after echoing Professor Kennedy’s judgment, Princeton has suddenly zeroed in on Wilson’s imperfections. Whether that will serve the cause of racial understanding at the university remains to be seen. How sad it would be were one of two Princeton graduates to lead America and Princeton’s only Nobel laureate in peace — not to mention the coiner of the motto “Princeton in the Nation’s Service” — confined to the margin of the university’s institutional memory.

We seem to have lost the concept of viewing history in its context. Slavery and racism are part of America’s past, but slavery is gone and racism is not the acceptable order of the day, as it once was. Renaming things and tearing down statues will not change what was. It is time instead to deal with what is and work to make it better.

The Search For Significance

This article has two sources–a New York Sun editorial posted today and an article by Scott Johnson posted at Power Line Blog today. Both articles deal with the ‘surprise’ overwhelming victory of Boris Johnson in the British election yesterday.

The New York Sun notes:

It’s hard to overstate how wonderful is the news that Prime Minister Boris Johnson has won a mandate to, after all these years of struggle, lead a restoration of British sovereignty and independence. We may have been in that fight from the early days, but we don’t mind saying that we’ve had moments of doubt, particularly during the past year, that Britain would prevail. All the sweeter the results being tallied this evening.

This is only partly in respect of Brexit. It was, certainly, the overriding issue in the election. It is the very reason why the election was called when it was. Once again, the polls got it wrong. On the eve of the vote, the gods of polling were predicting that the race had become too close to call. A hung parliament couldn’t be ruled out. Some hazarded that Labor’s Jeremy Corbyn might end up at 10 Downing Street.

In the event, the British people delivered a resounding “no” to all that Mr. Corbyn stood for — the resentment of Jews and Israel, the embrace of socialism, and another Brexit referendum. The result is that Labor’s drubbing stands as its worst since 1935. No less than Jonathan Chait rushed out a column to mark that American leftists thought Corbyn’s inevitable victory would be their model against Trumpism.

Which is one way to mark a phenomenon that has been glimpsed throughout this battle since 2016. The phenomenon can be put this way: “As goes Brexit, so goes Trump.” In a way, the Brexit referendum turned out to be a predictor, or even a precursor, of Mr. Trump’s triumph in the election. The victory by Mr. Johnson and the Conservative Party today could well be a precursor of Mr. Trump in 2020. On verra.

Scott Johnson at Power Line Blog notes:

The election has already produced a ruling cliche to describe the results: Labour’s “red wall” crumbled. (In the UK, the colors are reversed: blue represents the Tories, red Labour.) Among the many seats in its “red wall” that has now crumbled, for example, is Tony Blair’s Sedgefield constituency. The Tories picked up a shocking number of seats that historically belonged to Labour in the industrial and rural north. It overstates the results to observe that Labour is contracting to a metropolitan party, but the tendency seems to be implicit in the outcome.

From a distance, at least, Boris proved himself an ebullient and optimistic campaigner, and not just by contrast with the dour and deceitful Corbyn. Boris staked the election campaign on the theme of getting Brexit done. His performance made me think of Steve Hayward’s observation in Churchill on Leadership: “[F]rom time to time, and especially in a crisis, the genuine leader must simply exert his personal force and summon up his willfulness.” Boris seems to me to have met the moment with some part of this quality in leading his party to its remarkable victory yesterday.

The British people voted for Brexit years ago. The ruling elite chose to ignore that vote. The people removed the blockage. I suspect we are going to see similar things in America next year–those who have blocked the immigration and economic policies of President Trump might find themselves on the unemployment line.