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re: So sick of the price of everything right now.
Posted on 9/18/23 at 11:49 am to Revelator
Posted on 9/18/23 at 11:49 am to Revelator
quote:Do you really think Biden invented inflation? A good portion of it is the massive COVID spending coming home to roost. Another part is, ironic given the name, the Inflation Reduction Act. The last part is the increase in capital costs which can be partially blamed on our current industrial build-out and partially on the retiring Boomers taking their money out of the market.
Did these market forces just suddenly appear once Biden took office
2
Posted on 9/18/23 at 12:57 pm to Tantal
quote:
Do you really think Biden invented inflation?
He didn’t invent it, but endlessly printing money devalues the dollar. And he’s responsible for lots of spending with no stop in sight.
Plus, his insistence on shutting down the fossil fuel industry is wrecking the economy.
quote:
, the Inflation Reduction Act.
And who passed this?
This post was edited on 9/18/23 at 12:59 pm
Posted on 9/18/23 at 1:04 pm to Tantal
quote:
good portion of it is the massive COVID spending coming home to roost.
Trump shouldn’t have signed the democrat led congress Covid spending, he wouldn’t have stood a chance in the election but still. Truth is, no businesses should have been shutdown, if there wasn’t, we wouldn’t have needed all the Covid money, or at least much much less. You can care about people and not intentionally shutdown damn near every small business across the country while leaving the big huge box stores wide open and letting them rake ALL the money in.
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