Douglas V. Gibbs ——Bio and Archives--November 25, 2025

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I saw a graphic on Fox News a few days ago showing that the price for Thanksgiving this year is lower than it was last year. President Trump is doing everything he can to try to bring down prices. The man hasn’t even been in the presidency for a year, but the criticisms are sharp and being driven by anti-Trump forces.

Reality dictates that it’ll take longer for prices to come down than a little less than a year--especially when the Democrats and their allies are doing everything they can to obstruct the President’s policies. Next year, as domestic manufacturing increases, and the foreign investments he has secured go into action, I believe the prices will come down more. But, we have to remember, the primary driver of inflation, besides the cost of doing business, is the amount of fiat money in the system.

During the Biden administration the federal government pumped massive amounts of money into the system. The Democrats adhere to Keynesian economic principles which state that economies are consumer driven and the way to fix poor economic conditions is to “prime the pump” with an influx of government-created money. However, the problem is, when dollars increase without value in the system keeping pace, it creates inflation (the dollar’s value is reduced, and it takes more dollars to purchase items as a result).

It is sort of like what we’ve seen with the bachelor’s degree. With the hard push of everyone going to college, and the government using taxpayer funds to encourage it, more people have bachelor’s degrees, but the need for those degrees has not kept pace. As a result, the value of the degree has decreased, and now if one wishes to land a reasonable position in the professional world, one needs a master’s degree.

Too many bachelor’s degrees being added, outpacing the value in the system (number of jobs available requiring the degree) has caused, in a sense, inflation in the job market and that’s why a kid’s college degree in many cases has not gotten them out of mom and dad’s basement, yet.

The Democrats under Obama and Biden, especially the latter, pumped so much money into the system, they’ve in a sense created a one-way ticket to rising prices for a while. When coupled with the cost of doing business also being on the rise, the inevitability of........

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