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re: Who thinks that groceries and crap from Lowes will be cheaper when Trump's elected?
Posted on 4/4/24 at 10:06 am to SlowFlowPro
Posted on 4/4/24 at 10:06 am to SlowFlowPro
quote:
This inflation and economic malaise was going to hit no matter who was President this term. Covid created some major inflation and popped some bubbles created by a decade of ZIRP inflation policy.
I think most people understand this. The problem is that Slow Flow Joe's policies were inflationary on top of the Covid scenarios.
Cancelling the KXL project
Cancelling new oil leases
Proposing to spend $1.5T on paying off student loans
Opening up the borders
Spending money on foreign wars
Laying off workers for not getting vaccinated
Extended unemployment benefits much longer than necessary
All of these policies were ideologically driven and exacerbated the inflationary impact of coming out of Covid.
It didn't have to be THIS BAD...
1
Posted on 4/4/24 at 10:08 am to Jax-Tiger
quote:
All of these policies were ideologically driven and exacerbated the inflationary impact of coming out of Covid.
But none had any major impact.
You did list some LOL-worthy examples though
quote:
It didn't have to be THIS BAD..
We may not even be experiencing the effects of what you listed. We may still be living through Trumpflation only.
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