Conserve Money for Americans' Needs
18 November 2023 By Abiodun Kareem Giwa
President Joseph Biden and Speaker Mike Johnson
Would prices change if inflation falls, or the cost of goods remains high? Economists say inflation is the cause of the rise in prices; high inflation causes an increase, and low inflation leads to a fall in prices. However, observers doubt the economists' inflationary lesson based on experience. They say prices hardly return to pre-inflationary levels when the latter dissipates. They say rent has been on the rise no matter the inflation level. They opine that inflation pushes the price and remains high.
Many people worldwide pray that the hyper-inflation trend that makes life less livable disappear. But they understand it is a wish and that people will also need to cut their coats according to size by not living above their income because prices hardly drop but are always on the rise. They realize the costs for goods seize upon leaders' carelessness to shoot up and remain in sellers' favor to buyers' detriment.
It means purchasers must exercise restraint to avoid losses capable of leading to bankruptcy. The bottom line is bankruptcy. No one wants it: The dire economic situation and the need for more management force on unwary people. Some people don't buy anything beyond their means compared to careless or impulsive shoppers. Some people are wiser in money management, just as there are nations more prudent than others.
News reports say some student loan debtors are filing for bankruptcy, and others are paying up. While some loan debtors have fallen behind, some strive to pay to fulfill the agreement, and others wait for political leaders' cancellation. And the leaders have lived up to expectations, willing to cancel loans irrespective of the agreement between the giver and the taker. And many people say it should not be the government's business.
All countries have income. No country can exist without it; like individuals, countries need income to meet their needs. They borrow when the earning is insufficient. Every country can only partially depend on a friendly country's gesture to finance its expenditures, not even in wartime. A pleasant nation can help but only partially supply the money needed, not as American leaders try to do in Ukraine. With such impulses, one would think America is at war.
Many people have asked whether America does not require money at home. They talk about mass homelessness in San Francisco and many major cities under the crime wave. They say America is rich and still poor, with a reference to the mass of struggling American workers and slums in the country. America is prosperous, but many Americans are not. American leaders and hardworking Americans have different philosophies about money management.
Americans know how hard it is to save money after paying bills. They work hard for their money and expect the government, which takes tax from their earnings, to appreciate how hard they work to make the money and to spend the tax money wisely. But Americans say these leaders only care about gaining votes, not money management. Governments should be prudent in how they spend money - raising an issue about the tax collection law and the inability to spend wisely.
Americans want a break in the financing of the Ukraine war and not to send any money to Israel. Many observers believe Israel will finance its war with or without America's help. And that protesting Palestinians and their supporters should calm down and not think Israel depends on America to prosecute the war against Hamas. Aside from the economic theory of supply and demand, it will teach Uncle Sam how to conserve money for Americans' needs, aside from the economic theory of supply and demand.
The White House officials are good at defending the government's policy. They say inflation is global, and the Ukraine war causes it. Yet, they have no explanation for taking all the money here to the war, leaving America dry.
Many people worldwide pray that the hyper-inflation trend that makes life less livable disappear. But they understand it is a wish and that people will also need to cut their coats according to size by not living above their income because prices hardly drop but are always on the rise. They realize the costs for goods seize upon leaders' carelessness to shoot up and remain in sellers' favor to buyers' detriment.
It means purchasers must exercise restraint to avoid losses capable of leading to bankruptcy. The bottom line is bankruptcy. No one wants it: The dire economic situation and the need for more management force on unwary people. Some people don't buy anything beyond their means compared to careless or impulsive shoppers. Some people are wiser in money management, just as there are nations more prudent than others.
News reports say some student loan debtors are filing for bankruptcy, and others are paying up. While some loan debtors have fallen behind, some strive to pay to fulfill the agreement, and others wait for political leaders' cancellation. And the leaders have lived up to expectations, willing to cancel loans irrespective of the agreement between the giver and the taker. And many people say it should not be the government's business.
All countries have income. No country can exist without it; like individuals, countries need income to meet their needs. They borrow when the earning is insufficient. Every country can only partially depend on a friendly country's gesture to finance its expenditures, not even in wartime. A pleasant nation can help but only partially supply the money needed, not as American leaders try to do in Ukraine. With such impulses, one would think America is at war.
Many people have asked whether America does not require money at home. They talk about mass homelessness in San Francisco and many major cities under the crime wave. They say America is rich and still poor, with a reference to the mass of struggling American workers and slums in the country. America is prosperous, but many Americans are not. American leaders and hardworking Americans have different philosophies about money management.
Americans know how hard it is to save money after paying bills. They work hard for their money and expect the government, which takes tax from their earnings, to appreciate how hard they work to make the money and to spend the tax money wisely. But Americans say these leaders only care about gaining votes, not money management. Governments should be prudent in how they spend money - raising an issue about the tax collection law and the inability to spend wisely.
Americans want a break in the financing of the Ukraine war and not to send any money to Israel. Many observers believe Israel will finance its war with or without America's help. And that protesting Palestinians and their supporters should calm down and not think Israel depends on America to prosecute the war against Hamas. Aside from the economic theory of supply and demand, it will teach Uncle Sam how to conserve money for Americans' needs, aside from the economic theory of supply and demand.
The White House officials are good at defending the government's policy. They say inflation is global, and the Ukraine war causes it. Yet, they have no explanation for taking all the money here to the war, leaving America dry.
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