A modern day Marie Antoinette
According to legend, Marie Antoinette, the last queen of France, responded to reports of people lacking bread by saying, “Let them eat cake.” If Antoinette were with us today, she would not only avoid the guillotine but might very well be a top member of the Biden administration. With her attitude and understanding, she would fit right in. No presidential administration in recent memory has proven so inept and out-of-touch.
For example, the grandiosely titled American Rescue Plan Act (ARPA), a blowout-spending bill advanced under the supposed auspices of COVID relief, has done little besides fuel inflation that reduces families’ buying power and quality of life.
The Biden administration’s response to inflation has been less-than-impressive. Transportation Secretary Pete Buttigieg suggested Americans should purchase electric cars so they “never have to worry about gas prices again.”
You read that right. He suggested you buy an electric vehicle (reported average Kelly Blue Book price of $55,676) rather than a new compact car ($25,240) or a new sports car ($44,981) … to “save” money.
The administration’s other idea is to spend trillions more by passing its “Build Back Better” plan. At a time runaway spending is fueling the highest inflation in decades, the Biden administration’s solution is to spend even more and expect different results.
