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re: CPI numbers still hot inflation
Posted on 4/10/24 at 9:40 am to SlowFlowPro
Posted on 4/10/24 at 9:40 am to SlowFlowPro
quote:I would push it back even further. All the way to FDR.
So GWB, Obama, Trump, and Biden all have fault in the matter, as well as their respective Treasury Secretaries and other finance-related appointed bureaucrats.
Our government, and Americans by extension, have become completely unmoored from the idea that a government can spend too much.
That said. There's no getting around that the combination of 2 years of completely idiotic shut downs extended almost exclusively due to liberals coupled with Biden dropping billions like candy in such a short period are magnifying the problem
Yes. I will include what Trump did in terms of recovery spending too but sheesh, the Dems showed up and basically laughed off what Trump did as pennies.
Posted on 4/10/24 at 9:42 am to Wishing Well
quote:
but sheesh, the Dems showed up and basically laughed off what Trump did as pennies
How much difference do you think there is?
I'm talking about money that's actually been circulated in the economy, not 8 years of the infrastructure bill that have had spending earmarked but hasn't hit the market.
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