The Problem — The Solution

“It’s the economy, stupid!” — James Carville, 1992 to Clinton campaign staffers.

“You can’t tax business. Business doesn’t pay taxes. It collects taxes.” — Ronald Reagan 

“Congress shall make no law abridging the freedom of production and trade…” — Ayn Rand, Atlas Shrugged

Many pundits are focused on issues like the border crisis, the war in Ukraine, the corruption of the Biden family, particularly Hunter Biden, climate change, Iran, and much more.

But what is really important to we the people?

We believe that the defining issue of every presidential campaign is the state of the U.S. economy. Men are inextricably connected to their wallets and women to their purses. The people know when things are getting more expensive.

The question is what’s in your wallets and purses today?

Here is a short one minute video from eleven years ago featuring Sean Snaith.

WATCH: Money Clips: It’s the Economy Stupid:

Teagan Goddard’s Political Dictionary reported,

“It’s the economy stupid” was a phrase coined by James Carville in 1992, when he was advising Bill Clinton in his successful run for the White House.

In 1992, the US was experiencing an economic recession and the incumbent president, George HW Bush, was perceived as out of touch with the needs of ordinary Americans.

Carville told campaign staffers to hammer on the importance of the economy at every chance they got – he even went so far as to hang a sign in campaign headquarters reading, in part, “the economy, stupid.”

The phrase became a mantra for the Clinton campaign.

Since then, it’s turned into a catchphrase which pops up whenever analysts are discussing an upcoming election.

This has not changed. Everything any administration does policy wise impacts the U.S. economy. Every administration’s policies on taxes, spending, government regulation, government mandates, domestic and foreign policy impacts every American citizen’s pocketbook.

This does not change.


The problem is that since Joseph Robinette Biden Jr. was inaugurated prices have gone up 16.6%!

But why?

It’s the policies stupid!

If you believe that fossil fuels are evil and are destroying the planet then you enact government policies that eliminate the use of all fossil fuels such as coal, oil and natural gas.

This policy immediately leads to an increase in the cost to farm, process, ship, store, and distribute food.

This same policy makes the manufacturing of automobiles, trucks, boats and airplanes more expensive.

These policies make it more expensive to build and repair homes, the staple of every economy.

Then the manufacturers, builders, farmers and distributors must pass on these increased costs directly to their consumers, i.e. we the people.

It’s simple mathematics.

When something, or some service, costs more to provide, make or sell then, to stay solvent, businesses must charge more for their products or services.

However, here’s another thing that government policy makers tend to do when their policies increase costs, they either subsidize some companies or increase welfare payments for those that the government, due to its own policies put out of work in the first place, e.g. Covid shutdowns.

Destroy the farming, manufacturing, services and housing industries and you destroy America.

This leads to increased costs for those who work and pay taxes.

Then you have the Federal Reserve raise interest rates in order to allow the government to borrow more and more money as the same government continues to go deeper in debt and the government passes on the cost of its growing interest payments, estimated to be $5 billion a day, on to future generations.

Add to this the rising costs of education at every level and you have the perfect storm.

Add to this the costs of waging a war.

Add to this the cost of an ever growing government.

Add to this the cost of crime, looting, and the destruction of property both businesses and personal properties.

Add to this the freebees given to those who do not work, aren’t citizens or nation states getting taxpayer dollars.

When you add this all up you find your nation $31 billion in debt.

The problem is felt by everyone, perhaps except those in government controlling the purse strings. It seems that government employees, especially union members, from the school house to the White House have a way of enriching themselves at the expense of the rest of us.

When it comes to the economy we the people are always the victims and the government is always the cause.


The solution is simple.

Take away the powers of big government and return the power, and the money, to we the people.

As with every presidential election it is key to know who is focused on the economy and revitalizing it while at the same time reducing the power of the central government.

A real people’s candidate does not support more government, rather he or she cuts the size and scope of government, at every level.

It’s not only good policy it’s good politics.

That candidate is, by definition, the best and only solution.

As Harry S. Truman said, “It’s a recession when your neighbor loses his job; it’s a depression when you lose your own.”

Rush Limbaugh said, “No nation has ever taxed itself into prosperity.”

Choose your candidates with these guidelines in mind and you and your family will prosper or you will lose your job, pension and livelihood.

©2023. Dr. Rich Swier. All rights reserved.

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1 reply
  1. Jim Austin
    Jim Austin says:

    16.6 percent? More likely it’s double that.

    In the 1990s, a “substitution factor” was employed in calculating the consumer price index. It was the brainchild of the late Sen. Daniel Patrick Moynihan (D-NY), If people used to eating filet mignon stake found it too expensive and had to switch to hamburger, the CPI would be unaffected. Similarly, if hamburger became too expensive and people had to switch to chicken or fish, the CPI would be similarly unaffected. Only when substitutes are unavailable would such price hikes be reflected in the CPI.

    Through such methods, CPI deliberately understates the actual inflation.


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