Daily Archives: April 28, 2021

Inflation and Stagflation — the Great Instructors

Stagflation, which reigned during the presidency of Jimmy Carter, occurs during an unusual confluence of events: high inflation, low economic growth and high unemployment. Normally, high inflation happens during periods of rapid economic expansion and low unemployment. On the opposite side, low economic growth and high unemployment normally occur during periods of low inflation. Stagflation, which combines the worst of everything, is particularly hard on the middle and lower classes, whose members face both high unemployment and rapidly rising prices for goods and services. In addition, the lack of jobs often leads to despondency among those unable to find work.

Mass Shootings Pandemic

Growing up in rural South Carolina on my family’s farm, I developed a love, appreciation and, most importantly, a respect for firearms. To this day, I remain a collector of firearms and a supporter of the American right to keep and bear arms as enshrined in the Second Amendment. I was taught that safety is paramount to gun ownership, so I have always encouraged responsible gun ownership and use for all Americans. With that being said, I have noticed a disturbing trend in our country: an ever-increasing number of shootings and gun-related deaths. And while the quick response from some, namely the left-wing mainstream media and liberal politicians, is to ban weapons and become more restrictive, it appears to me that we have serious mental health and poverty issues contributing to gun violence. I don’t believe that banning guns will result in any significant decline in shootings attributed to these two categories.