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re: Biden claimed on Wednesday that inflation was “skyrocketing” when he took office
Posted on 4/12/24 at 9:14 am to Townedrunkard
Posted on 4/12/24 at 9:14 am to Townedrunkard
quote:
But it wasn’t.
It absolutely was.
Our inflation came from pouring trillions into an economy that was shut down.
Posted on 4/12/24 at 9:18 am to RogerTheShrubber
quote:
It absolutely was. Our inflation came from pouring trillions into an economy that was shut down.
98% or so of elected officials in Washington were for that spending. Monday morning QB or all 98% are arse holes? DeSantis also praised the spending. Is he an a-hole too?
Posted on 4/12/24 at 10:35 am to RogerTheShrubber
quote:
But it wasn’t.
It absolutely was.
It’s nearly impossible to discuss this with you and Ron because you’ll all have a fundamental misunderstanding of what went on.
You were conflating normal spending bills with outsized stimulus bills.
Trump’s trillion dollar normal spending bills did not kick off inflation.
The massive Covid PPP loan bill did contribute to it, which never would have been proposed had there been no Covid.
So if you take out that outlier, no Trump did not kick off inflation. Covid kicked off inflation.
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