Mike Huckabee's Commentary On The News

August 2, 2021
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There’s a key difference between how those on the right and the left view the economy and the role of the government. We’re experiencing the stark contrasts as the Biden administration carries out its policies that lean to the left—in some cases to the far left.

Here are some basic truths about how the economy works. The rule of supply and demand says that if the demand is higher than the supply, prices go up. So if a lot of people want a car or a house but there is a low inventory of cars and houses, the prices will go up. The more demand, the higher the price. That’s true for gasoline, groceries, or gravel. Conversely, if there is a huge supply and little demand, prices will plummet. This is true of labor as well. If there are lots of help wanted signs and job openings but not many workers willing to take the jobs, employers will have to bid up the wages and pay more. But they may try to function with fewer employees, which in the long run means fewer jobs.

Another truth is that taxes taken by the government mean less money for a family or a business. We need taxes to pay for essential services and functions, whether having a military, having airports, waterways, police departments, fire trucks, roads and highways, parks, or sewer systems. But whatever the government does for you, it takes FROM you to do it. If they do stuff you don’t want or need, it costs you in real money. That’s money you don’t keep to buy clothes for your teenager, buy food, pay your housing costs or utilities, or put gas in your car.

When prices go up but wages don’t, that’s inflation. Inflation is a silent tax on you. If the cost of your electricity, gasoline, food, building supplies, and the cost of labor goes up, you have less money left to do things you want to do and less money to buy things you want to buy. The decrease in what you can afford to buy leads to fewer things being sold, which means fewer things will be manufactured and transported which means some people who made, shipped, or sold those things will lose their jobs. Everyone gets hurt by inflation and we are seeing a uptick in inflation right now under the policies of the Biden administration and the Democrats in Congress. Those on the left believes that government should do more to redistribute the money in the economy by taking more from the people who have worked and giving it to those who either didn’t work or who didn’t earn as much as others. Sometimes government promises to “do things” for people for providing “FREE college or childcare.” But it isn’t free at all. The government will have to take more of your money to pay for it. And when taxes are higher, you have less money. And your employer has less money. You can’t buy things you want and your employer can’t increase your wages or benefits. And a store can’t afford to put more items on the shelf which means fewer things are ordered, fewer things are shipped, and fewer things are made. Get the picture? Good, because the folks on the left don’t seem to. They truly believe they can spend your money better than you can. If you actually believe that, you will love those who govern from the left. If you believe you’d spend your money better than the government would, then you’ll want to vote for people on the right.

It’s really not that complicated. How you vote will determine how you live. Elections do have consequences. And if you’ve bought gasoline, clothes, food or planned a vacation lately, I hope you’ve noticed the consequences!

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Comments 11-20 of 40

  • Bill Cook

    08/02/2021 07:34 PM

    Dear Gov, how do you communicate, civilly, with folks like Pelosi to the cowards who hide behind masks. I follow your newsletter daily, I do not see or hear any God felt coming together. Greed & Fear seem to be what turns the world now. Would like to know what keeps you inspired. Please keep up the hope amongst us "lacking Kinko's, ie: simple folk". God Bless You & Yours Bill C.

  • George Wadding

    08/02/2021 07:10 PM

    As I listened to this last night, my thought was that it was a great, easily understood lesson in economics 101.
    Since no one in Congress seems understand the truths in this explanation, It would be wonderful if we could get everyone who reads it to send a copy by email to their representatives and senators.

  • Annette Rouse

    08/02/2021 06:56 PM

    At long last some good basic economics explained for those who just don’t get it!! Thank you, Governor Huckabee!! It is this sound reasoning that makes me appreciate your newsletters!!!

  • Michelle Ferrer

    08/02/2021 04:39 PM

    I firmly believe that a qualification of a member of Congress should be the ability to add and subtract. Regardless of sensible math or new math, they should be able to understand that 2-24 equals -22, not whatever they happen to identify with on that day.

    At this juncture, perhaps it would be fruitful to determine the percentage of annual Federal income against annual Federal debt. Apply that percentage to the salaries of the members of Congress and deduct that amount from their paychecks. Which will also negatively impact their retirement pensions as well. Perhaps when they feel the pain, they will turn their brains on again.

  • Ed Thompson

    08/02/2021 04:32 PM

    No more rent protection so the “squad” decides that it’s ok to “camp out” on the steps of the Capital Building, if those people were Republicans protesting all the illegals coming across our southern borders you can bet the farm they all would be arrested and fined for illegally trespassing on Government Property— Nancy’s!! But with the blessings of the Squad everyone there is welcome to stay and sit a spell!! Quote Granny!! Where is all the money allocated for everyone who was falling behind on rent and payments on business? And what about all these free handouts of money to stay at home and not work? What did all those people do with their unemployment checks? Did everyone forget about paying their rent? I grew up knowing that I paid for everything I had and worked for my money! What is going on with America? Where are these stupid ideas coming from? Free everything??? Sorry but all the “Squad” can go back to wherever they came from and America would be better off!

  • Robert White

    08/02/2021 04:02 PM

    The Biden regime has done more to help Republicans get elected than any democrat in the history of the United States.

  • Carolyn S Brunsdon

    08/02/2021 03:43 PM

    Gov. Huckabee, this is the most concise, thorough and clear explanation I've ever read on the economics of our vote. Thank you so much, it is a keeper to share with many others in my life.
    You, sir, do such a service with your news and Godly commentary, your style and humor is unsurpassed! Thank you and God bless you and keep you (and the nation!) safe under His wings as we traverse these extreme and perilous times.

  • Barbara Holstein

    08/02/2021 03:20 PM

    New subscriber long time admirer… saw you speak in NJ at pro-life Bridge Women’s Center Galla.

    I am so scared for our future in this country, I truly am planning to become nomadic and see our country while she is still OURS.

    God Bless you and Sarah I absolutely loved her as Press Secretary!

  • Ronald A Brown

    08/02/2021 03:07 PM

    When I read you previous posting about the Crime state in NYC, It reminded me of what led to the closure of NYC and it becoming a Prison Island in the 1981 Kurt Russel movie "Escape From New York". Is that their vision?

  • Lucinda Ware

    08/02/2021 02:41 PM

    I am a recipient of unemployment and disability benefits. I didn't cause my unemployment (COVID-19 shutdown did that) nor my current disability status (necessary surgery). Prices for necessities are so high now, any additional help from Government (stimulus and food stamps) still doesn't cover my basic necessities. America's free Enterprise system needs to be restored; government handouts need to stop; shutdown needs to end! Thank you, Mike, for spreading sanity in the insane Democrat-run USA.

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