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re: WSJ: U.S. Inflation Hit 31-Year High; Worse in the Southern US

Posted on 11/23/21 at 10:16 pm to
Posted by TxTiger82
Member since Sep 2004
33974 posts
Posted on 11/23/21 at 10:16 pm to
quote:

Btw inflation is a lagging indicator. Those of you that want to place blame on Biden are ignorant.


Yep. Half the stuff the try to pin on Biden is largely out of the president's control (e.g., supply chain), and the other half is stuff that Trump did too (e.g., easy money -- Trump literally put his name on the checks, remember?). And through it all, the Fed decided to keep the economy hot so the stock market would keep going up. Now we're all literally paying the price for that.

Posted by Abstract Queso Dip
Member since Mar 2021
5878 posts
Posted on 11/23/21 at 11:47 pm to
All can't be place don Trump but anyone that has studied global economics and that is also plugged in understands the complexities of our economy. Some of which actually began under late Obama. Trumps tariffs and trade while some of them seemed good on paper his boisterous higher than though attitude pissed off a lot of our allies.

The best global policy is backdoor deals with polite arrogance. Gw dub and Obama were pretty good. Trump just pissed everyone off and Biden is a pussy. The best deals are under the table and then fricking over china Russia etc while also understanding that SE Asia as well as Audrey rely heavily on china too. Trump was very binary in though processes. I did like his shakeup somewhat America first I just think there is a better way of going about it.

We need a strong global business leader that is also America first and not a scoundrel. Someone between Bloomberg and Trump that also has a little charm. If you could mesh all the best qualities of our last 4 presidents we would have winner. And Joe Biden is defiy not the guy.
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