From WSJopinion: Even with a firm dollar, the cost of bread and circuses continues to rise, writes EconTodd. Biden and his party should be wary as the next election cycle approaches. Voters won’t be satisfied with a political clown show.
Wonder Land: Biden has said, ‘I am a capitalist’ and ‘I am not a socialist.’ Here's why both statements are false. Images: Image Of Sport/Zuma Press Composite: Mark KellyWhen the Roman writer Juvenal penned the adage “bread and circuses,” he warned emperors that they must conjure such distractions to pacify peasants into accepting lousy rulers. This should have President Biden worried—the price of bread in the U.S.
There’s real wisdom in the Roman cliché. Bread is a staple and its cost often reflects worldwide commodity prices. If it isn’t affordable, citizens throw fits and rocks. In 2007 hundreds of thousands from Mexico to Bangladesh to Italy rose in protest when prices of loaves, tortillas and pasta soared. But there’s another point of wisdom in the price of a circus.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden: Nation owes school shooting victims more than prayers“No matter how long it’s been, every one of those families relives the news they got that day,” Biden said in the video. A gunman killed 20 first-grade students and six educators inside Sandy Hook Elementary School in Newtown, Connecticut, on Dec. 14, 2012.
Read more »
Biden Administration Loses Another Ruling on Ending ‘Remain in Mexico’ PolicyThe Trump-era immigration policy requires U.S. asylum seekers at the southern border to stay in Mexico while their claims are considered.
Read more »
Biden travel ban gains less support from Americans than Trump's restrictions on China: pollsAt the start of the pandemic, more than 90 percent of Americans polled said it was necessary to shut down international travel.
Read more »
Tensions with Kremlin over Ukraine pose a test for the Biden administration'Tensions between the Kremlin and the West are locked in a worrying cycle, with no sign yet that Vladimir Putin has been moved by threats of economic retaliation if his troops invade neighboring Ukraine,' writes StCollinson | Analysis
Read more »
Biden aims to cut bureaucratic runaround for gov’t servicesPresident Biden to sign executive order aimed at saving Americans time and frustration when seeking a broad array of federal services, like renewing passports, applying for Social Security benefits and getting aid after natural disasters.
Read more »