For John, BLUF: By Publilc School failure I mean a failure of the public school to teach certain topics, thus allowing the now adult graduates to draw bad conclusions about ongoing events. Nothing to see here; just move along.
Listen to the 40 second Tweet.
By MSNBC Host Joy Reid, 4 November 20222.
Here is the Fox News report, lede plus two:
MSNBC anchor Joy Reid joined her colleague Stephanie Ruhle in arguing that inflation is not, in fact, an issue in the economy.So, Ms Reid has never heard of inflation? By the end of Elementsary School I knew that the peace that settl4ed World War One was flawed and led to runaway inflation in Weimar Germany. It was so bad that Academic Hebert Marcuse said: "Abolish the Weimar Republic.  Whatever replaces it has to be better." And what replaced it was Chancellor Adolph Hitler. We all know how that turned out.♠On Wednesday, "The ReidOut" host discussed the growing fears over rising inflation affecting the economy. However, Reid immediately framed concerns over inflation as a Republican talking point.
"So Republicans want you to believe the economy isn’t doing well, that it’s terrible. Unemployment is at the lowest point since the pandemic began. Prices are higher, which is never good, but Americans are spending a record amount of money that was pent up during the pandemic, which economics 101 will tell you drives prices up, aka inflation," Reid explained.
I think Ms Reid's inability to appreciate the issues of inflation are a reflection of a very poor public education. And, indirectly, it reflects on the fct that the MCAS still doeds not cover history as a test topic. What are we waiting for?
Here is a short article on Weimar Germany's hyper-inflation after World War One.
Regards — Cliff
♠ On the other hand, Congressman James CLyburn (D SC) worries we that this Tuesday's Election will move us toward being Nazi Germany: "House Majority Whip: US 'on track to repeat' Nazi Germany, downplays inflation ahead of midterms". But, he does miss the Inflation tie-in.
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