April 16, Michael L. Davis, economics professor at the Cox School of Business, SMU Dallas, for a piece calling out the Biden Administration for denying the presence and negative impacts of inflation. Published in FoxBusiness under the heading Biden must stop inflation denial and quit doing dumb things: https://tinyurl.com/bdz6ftkb
So, these three middle-aged guys go in for their annual checkup. They get terrible news. They’ve got high blood pressure, bad cholesterol and if they gain another two pounds, they’ll be officially classified as “severely obese.” The doctor says that even though they feel fine now, the future is not bright.
The first guy convinces himself it’s not so bad. He tells himself it’s just a temporary thing — probably too much time at the all-you-can-eat on that last trip to Vegas — and that once things get back to normal, he’ll be fine.
The second guy goes home and tells his wife she needs to help make things right — maybe save the bacon and eggs for weekends. But then, of course, he sits down in his recliner with a bag of chips, grabs the remote and asks her to bring him a beer.
The third guy pulls out a picture of his 2-month-old granddaughter and promises himself to change. Six months later, he’s at the gym swapping salmon recipes with his workout buddies.
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