Subsidiarity Economics 2026. The Times more or less locally, Part 12, the Deflect and Deny edition.
October 2, 2026.
We are, of course, about one month away from the General Election and it's universally agreed that, at least as of right now, the economy is not doing well, which is to say that it's not doing well for average people. Having said that, all the monkeying around Trump has done with the economy has not resulted in a general collapse, as some feared. This tends to give credence to the assertion that some make that the American economy in general is so strong that it tends to keep on chugging along in spite of everything.
Having said that, prices on many things have gone up, and are now at the paint point for average people. Beef prices, for example, are up about 25%. That can't really be blamed on Trump, as its due to a historically low cattle heard, but Trump's efforts to address it were pretty much non existent at first, and the ineffectual when they were tried.
Beef Imports Haven’t Lowered Prices As Hoped. ‘I Told You So,’ Says Wyo Rancher
Addressing the price can only really come through a recovery of the North American herd. Trump's constant crazy hatred of Canada and Canadians isn't helping this at all, as Canada is part of the North American market. Mexican cattle, which had been banned from coming into the US due to screwworm, which we're not hearing much about, which is concerning, have started to come back in. That is likely to have some effect.
Petroleum prices have shot up enormously since Trump started an ill advised and poorly planned war on Iran for no real discernable critical objective.
Wars are inflationary by their very nature, but attacking a critical global petroleum supplier is definitely going to be inflationary, and this is set to really start hitting home. Everything in the US, whether it moves by truck, by rail, or in the air, uses petroleum. That impacts the price of 100% of American goods. Gasoline, Diesel fuel and Aviation fuel is way up in price. Heating oil is up 50% to 70% just as we're entering the season where it starts to be used on the East Coast. NOAA, which usus science, predicts a warm winter in the East, like last years, so that might not be as impactful as it could be. The Old Farmers Almanac, which I put no stock in whatsoever, predicts a cold winter.
An interesting side impact of the cost of things is that even Wyomingites are looking at electric vehicles. I overheard a conversation the other day in which two people were wishing to get them, and they're both highly conservative individuals. A report on increasing EVs appeared in one of the local online journals today.
Is Wyoming Going Electric? EV Registrations Surge Tenfold In Two Years
There are still a lot of naysayers out there, but there were when automobiles started to become common for that matter.
Anyway, the Trump Administration has handed out its flood of excuses for all of this, starting at first with "it's Joe Biden's fault". Everything is Biden's fault according to Trump, whom while he routinely falls asleep in public still calls Biden, on occasion, "Sleep Joe".
The it's all Biden's fault is no longer selling very well so the "it's not much to pay to keep Iran from getting a bomb" has been tried and is still being tried, but it's not selling that well . First of all, well informed people know that while Iran is a very secretive state, the evidence that it was about to make a nuke is thin. And frankly Israel's major early role in the war made it pretty clear that this was a joint Israeli American adventure in which the Trumpites had been heavily influenced by Israel. That's adding to an anti Israeli sentiment that's been building in the US for several years and you'll even now hear, in response to the suggestion that it's all worth it to keep Iran from getting a bomb, that maybe we don't really care if Iran has a bomb.
We didn't care enough about North Korea having one in order for the US to attack it, and Trump loves the communist leader of North Korea.
So that excuse isn't working either.
So time to distract.
The government just announced that children under 16 years of age are being automatically enrolled in "Trump" savings accounts. The Government, which has no money whatsoever as it's borrowing piles, will place $1,000 of the money it doesn't have into such accounts, but parents need to claim it.
Will this achieve something?
Well, it might, or might now. Truth be known with inflation being what it is, $1,000 that can't be touched until a person is 18 years old isn't going to seem like that big of a deal right now But it might turn out to be.
Trump also promised people $5,000 if the GOP retains both houses of Congress, but then that would require Congress to do it, and Trump earlier promised everyone a $2,000 tariff dividend. The government handing out cash it doesn't have isn't a good idea and frankly I thought it was a horrible idea when President Biden started handing out cash during COVID. I've heard the Trump proposal compared to that, and that was a bad idea.
The Administration also just sent out $500.00 checks as supposed refunds for Obamacare overcharges. They seem rather strategically placed, however.
Anyhow, stayed tuned for coming attractions. The trade war with Canada is just starting, the war is no where near over, and prices are really set to climb. Trump has less than thirty days to address all of this, or even some of it, which won't be easy at all. Voters who are inclined to vote their pocketbooks are likely pretty much set in their opinions by now.
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