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re: Powell no longer believes inflation will reduce

Posted on 5/14/24 at 11:05 am to
Posted by Auburn1968
NYC
Member since Mar 2019
19821 posts
Posted on 5/14/24 at 11:05 am to
quote:

It's kind of both of their faults, considering both signed off on trillions of government spending during COVID that had no economic productivity associated with it, resulting in the inflation we've been dealing with over the last three years.

Why either of these guys is a choice for President blows my mind.


The difference is that Trump would be deregulating, cutting the fed slow-mo strangle hold on business, opening up the oil and gas industries full tilt, cutting taxes, stopping illegal immigration and a host of things to foster business. That's how inflation was 1.4% when he left office.

Biden has done the opposite at every turn under the guidance of his gaggle of Marxist hens.
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