Bidenomics Failing Big Time?

bacha29

Well-Known Member
He is in charge. It's all on him and the party in power. If Trump was in office, CNN as we speak would have some Mom crying that she cannot afford a graduation party for her adopted, special needs child, due to inflation. Inflation news would run 24/7!
That's funny. You never took that attitude when Trump and his minions were in charge.
 

Old Man Jingles

Rat out of a cage
The current inflationary trends are in the opinion of the board transitory and they are willing to accept higher short term inflation as a trade off in exchange for improved employment..... and the market seems to agree.
If that is in fact what happens, I will salute the Biden administration in September 2022.
 

bacha29

Well-Known Member
If that is in fact what happens, I will salute the Biden administration in September 2022.
What is happening is exactly what we talked about awhile back. Just exactly who runs the country? The president doesn't run the country. We've known that for a long time. So just exactly who does run the country?..... The Chairman Of The Federal Reserve Board runs the country... Never more obvious than it is right now.
 

Fred's Myth

Nonhyphenated American
Why are republicans trying to will inflation into existence? You guys realize it hurts you, right? Getting your propaganda machine to spin up inflation fears is bad for everyone. But all that matters to you people is “Biden bad!”
Seems you’re suffering from that age old disease-‘what goes around, comes around’.
 

BeefiestMass

Well-Known Member
We're not trying to will inflation into existence. It is here, and yes, it hurts everybody. There is no propaganda machine at work. Inflation is here because of Biden and the Democrats, and their spending.

Here you go. Summers and CNN, as far left as you can go.

LARRY SUMMERS AND CNN, AS FAR LEFT AS YOU CAN GO, LMFAO
 

newfie

Well-Known Member
Why are republicans trying to will inflation into existence? You guys realize it hurts you, right? Getting your propaganda machine to spin up inflation fears is bad for everyone. But all that matters to you people is “Biden bad!”
Republicans willed gas above 3 dollars a gallon? They willed meat to double in price? Odd argument
 

newfie

Well-Known Member
Why wouldn’t prices go sharply up coming out of a global pandemic that stagnated economies and caused prices around the world to plunge?

Seems to me that much of this has little to do with economic policy and should pretty much be expected.
it has everything to do with 6 trillion dollars of stimulus
 

newfie

Well-Known Member
Every economist has expected the same thing for a long time. I expect it. Putting it on one administration or party is disingenuous.
the only counter i would have to that is that each president is doubling the prior one. Bidens on an incredible spending spree and looking to keep piling on.
 

Netsua 3:16

AND THAT’S THE BOTTOM LINE
I love this, man
NOW
After decades of continued negative trends regarding COLA, wages
NOW, conservatives are concerned with inflation! Good! Now let’s fix the wage gap and we’ll be in fuc****g business!!
 

bacha29

Well-Known Member
I love this, man
NOW
After decades of continued negative trends regarding COLA, wages
NOW, conservatives are concerned with inflation! Good! Now let’s fix the wage gap and we’ll be in fuc****g business!!
There has not been a federal minimum wage bill passed since 2007. Completely unjust.
 

bbsam

Moderator
Staff member
If that is in fact what happens, I will salute the Biden administration in September 2022.
Do you think things are possibly different now? I’ve heard political parties railing against policies that were sure to doom the economy and the wealth of the world for decades now. Is it possible that the world economies have grown, diversified, and become so fluid that the old rules simply no longer apply the way they once did?
 
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