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Thanks, Madam Speaker! Introducing outsider-insider trading
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Before we get to today’s big story, here’s a short video to make you lose whatever little faith you might still have in humanity.
Mom compares unmasked children to “deadly biological weapons, loaded firearms, and homicide”
This is the result of the intentional fear mongering and watching too much CNN pic.twitter.com/h5EJ1llcCf
— Libs of Tik Tok (@libsoftiktok) September 27, 2021
Insanity Wrap shudders to think what home life must be like for the children of a woman who compares kids to “deadly biological weapons, loaded firearms, and homicide.”
George Orwell asked you to imagine a boot stamping on a human face — forever.
Insanity Wrap asks you to imagine a palm slapping a bewildered face — forever.
Only you won’t need to imagine it after reading today’s lead story.
But first, our credentials.
Insanity Wrap has been in and out of the new business for 30 years and blogging for just shy of 20. In addition to all of those political stories, in our 52 years, we have read the poetry of Jim Morrison, the columns of Maureen Dowd, the backs of countless boxes of Boo Berry Cereal, the 1988 Libertarian, Republican, and Democrat political platforms in their entireties, and even the works of various Brontë sisters.
So we don’t need to ask you to trust us when we say we have read some deeply stupid stuff.
But nothing so stupid as White House Press Secretary Jen Psaki trying to explain exactly how economics doesn’t work to the White House Fluff Corps.
White House Press Secretary Jen Psaki claimed during Monday’s press briefing that it would be “unfair and absurd” for companies to raise costs on consumers in response to the Biden administration raising the corporate tax rate.
If Democrats get their way, corporate taxes are about to go up by about 25%. And because it would be “unfair and absurd” for anyone to raise prices on consumers in response to increased costs…
Psaki actually represents perfectly her brothers and sisters on the Left in their belief that businesses are all run by Scrooge McDuck and have secret safes hiding all the money they took away from poor people. With just the right taxes, the money will come out and the poor people will be rich again.
But Insanity Wrap knows — you know — that’s not how any of this works or has ever worked or ever will work.
Running a business is a constant balancing act between ever-changing costs and incomes. And that a business that can’t make a profit doesn’t stay in business for long.
Price of materials goes up? Prices go up. Cost of labor increases? Prices increase. Tax hikes? Price hikes.
A business might eat a temporary cost increase for a short while in order to avoid alienating customers, but only for a short while.
Every dime every business ever paid in taxes was first collected as income from their customers.
Everyone who isn’t an addle-brained leftist like Jen Psaki knows this.
Either that or she’s just a big, fat liar.
YOU make the call!
Story cited here.