Quote:
Originally Posted by Kaveh
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Proposed spending doesn’t cause inflation, actual spending does
PPP and all that other bull shit happened under trump. Larry summers called this inflation based on actions taken in 2020
This is economics. If Biden gets his bills passed, it will make inflation worse. He hasn’t and won’t because of Manchin and Sinema
Still doesn’t matter, the fed did more damage than trump or Biden
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I already pointed out before that Biden injected 2T into The Economy as we were getting out Covid while we were going through supply chain issues and energy costs were skyrocketing because of his policies.
Even Larry Summers said it would cause inflation and it did
Secondly, your reasoning that because Biden didn't get to spend 5T that he wanted to that somehow makes him fiscally responsible?
Are you on drugs?
Quote:
Originally Posted by Kaveh
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The data is reported quarterly genius
We’ll see next quarter, and it isn’t wiped out instantly because that spending is over time
I’m not sure why I argue with you guys. You don’t have even a remedial understanding of how any of this works. Keep pretending you’re not losing elections incelizondo. You support policies so dumb you’re alienating everyone with a brain
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You're assuming it's only going to be 400B in pork. There's literally no cap on the program itself because the Dems worded it that way on purpose. They are going to double dip and create yet another unsustainable entitlement monster disguised as a "Vets HC Bill"
08-03-2022, 01:41 PM
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