Hello; well it did not take long to have politically charged comments show up. Inflation & vaccines.
First inflation. That scourge has been with us for decades and/or centuries depending on the time frame you pick. As an example back in 1970 I wanted to buy a new Camaro RS. Just got my first job out of college. The Camaro listed for $4,000. However, my salary for that year was $4,500. So I did not get it.
Go back a century or so and $40 a month was a common salary. I do not have a handy comparison for a price on horse. One point can be that inflation is not a big issue if a salary increase can match the increase. Those of you who can make more do not feel inflation as much as those like me on a fixed income.
Another point is the rate of inflation is the bigger factor than inflation exists at all. I try to find analogies which fit but most fall short. Here is one which sort of works. Picture a large basement. I sometimes have used a large ship but lets try a basement. The basement is slowly filling up and as long as it is a mere trickle it is not too much of an issue. Picture your income as the capacity of a pump to almost but not quite keep ahead of the leak. The basement is still slowly filling up but we can live with it.
Then something happens and the rate of the leak increases dramatically. Say the leak increases five fold. To keep up with the leak more income has to be inputted into the pump. But most of us cannot boost our income five fold quickly. So the basement has more and more water in it because the pump cannot keep up with the leak. Every day more and more water in the basement.
Then a plumber comes along and does a decent job of fixing the leak. He slows the leak back down close to the trickle. Now there still is water leaking into the basement but at a much slower rate. Trouble is the big gush of water that got into the basement when the leak rate was high. That water is still there.
OK, that analogy falls short. Going back only a few years the inflation rate was slow from say 2016 to 2020. Then money was printed out of thin air and used for covid handouts, lockdowns and the like. Then soon after another huge amount was printed which mostly funded the green agendas, EV's and the like and not too much infrastructure. All that printed money is the bigger leak into the basement analogy. Led to well over 9% inflation.
Now inflation is back down to much lower levels. Prices are not rising very much currently. However, the prices we had at around 2024 are going to be much like the water standing in the basement. That being the prices are set. The plumber is doing a good job on inflation going forward but cannot change history that caused inflation for around four years.
Just as my salary slowly increased over the decades since 1970, so did inflation. I only got ahead every now and then by being very careful with my spending and taking on extra jobs. Camaros are no longer sold but an equivalent might be a Mustang GT. No surprise that a base Mustang GT costs much the same as my current income.
Vaccines are even more simple to figure out. We were lied to about the Covid 19 vaccine. Lied to many times in various ways. A big difference is even now no one is denied any vaccine. You can take any that are available. You just get to choose now rather than some being mandated. As a child I had measles, mumps and chicken pox.
I think the first vaccine i had was when in the fourth grade. They loaded my school into the back of a produce truck and took us to a school gym. we got the shots en-mass. For decades later I trusted the shots and the medical profession. They broke the trust. I am not yet anti-vaccine, but I will question from now on.
The trust can be won back, but such will have to be earned. No more exemptions from liability for drug companies. No more kickbacks to clinics based on how much product they can administer. No more heads of medical agencies lying on TV and then just walking away without a consequence. No more pardons.