Official disruptive influence
- Dec 27, 2017
- Reaction score
- Middle of it all
- Political Leaning
Clearly you do not understand what drives inflation.The inflation numbers would be twice what they are now. Gas would be pushing $12+ per gallon.
Low income Americans would be suffering greatly.
We should all thank Joe Manchin for preventing the disastrous Build Back Better from passing.
Damage? You mean uniting NATO, dealing with Covid as coherent adults, putting Americans back to work?Americans are fed up with the incompetence and sheer stupidity of the dem leaders in Congress and the WH.
Big reckoning coming in November - - most Americans know what needs to be done.
Alas, the damage done by this failed administration could take years to correct.
Nothing is built.
Nothing is back.
Nothing is better.
Take the next step and ask 'Why?' Why was it that 'US economy grows at fastest pace in decades - BBC News'?Not sure what this means. The problem has been is that after the pandemic the economy grew TOO fast: too many jobs coming back at once, too rapid an explosion in GDP. That’s what’s caused the inflation. Not to worry, the fed is on it.
You know, you might be right Grandpappy.Not only the Build back better fiasco, but the student loan debacle and the other freebies.
That's a crapload of funny money.
The alternative to Covid relief would have been unthinkable- perhaps an economy that could not get back on its feet even once reopened fully. Most Americans agreed.Take the next step and ask 'Why?' Why was it that 'US economy grows at fastest pace in decades - BBC News'?
You'll come to the reality that Congress overspent on COVID relief, their excessive spending having inflated the money supply, os more money chasing the same, or fewer amount of goods, is the classic definition of inflation. It is this, far more than any other contributing factors, which is why we have the inflation rate we have now.