The first question is how big do the Republicans win? If this is another 2010 election, ie very big, then they will have firm control of Congress. Then they can pass items for Biden to veto. Even if they get bare control, there is one major factor that is overlooked in this thread, with one exception. That's this one.
Nice graph. It clearly shows how discretionary spending surges when parties hold both Congress and the White House. The flip side is that spending reduces when the two are split. we best saw that in the 1990s when Clinton and Gingrich butted heads over every penny. Almost without intending to do anything, a Republican win will help inflation by reducing government spending.
Stop pumping money into the economy, tighten lending, and increase interest rates. None of these are popular politically but reduced spending occurs naturally parties are divided.
It's equal opportunity because both parties are full of it.
Why do they have to win in 2022? Why can't they create and push legislation now that encompasses all their great ideas?
Get rid of those who live on the government teat. That would include Welfare, Social Security and Obama Care. Decrease the minimum wage about to $7. Give more to the rich because we all know it trickles down.
....and what is the plan to get the Bills through the Senate so Biden can Veto them?
While I don't totally absolve the republicans in regards to inflation, the democrats get the lions share of the blame for it. When the GOP takes control of congress, just putting the blocking the enormous amount of government spending the democrats plan will be a good first step to culling inflation.
Bwahahahahahahahahahahahahahahahahahahahahahahahahaha!
The "tax cuts for the wealthy" chants are a childish left wing myth. At least four presidents in my lifetime, three republicans and one democrat, have signed tax cuts, and all have been across the board, All who paid taxes received tax cuts. And as a percentage of income, the Trump tax cut gave less to the wealthy then then did the middle class. Libruls like you are just butthurt that the wealthy are included in tax cuts.
You have no coherent understanding of inflation. The majority of the blame for the present inflation goes to federal fiscal policy and the pandemic, not corporate profits.
You have no coherent understanding of capitalism. Prices are based on market forces Prices are set based on what the market will bear.
Are you under the mistaken impression that democrats do not have just as many big corporate donors? Do you think that Bill Gates gives primarily to republicans? Do you think big tech companies like "Google", Twitter, and Facebook are big republican donors? Ever heard of George Soros? Talk about golden eggs!
Lose the ludicrous "tax cuts for the wealthy chant and ask again. What the GOP does largely depends on their leadership. There are establishment republicans just as there are establishment democrats. Neither gives a shit about anything other then indefinite re-election. Partisan gridlock after the GOP takes over congress will cull the massive spending. Then perhaps if a populist conservative is elected president in 2024, we will see a real plan.
He has it in his inside pocket all on one sheet of paper…Trump will reveal the best plan anyone has ever seen in about two weeks!
I voted for Biden mostly because of my contempt for Trump.
Do you think we end up in a recession in the next few quarters? My guess is the housing market is (again) the first domino to fall but I worry it could be way worse this time with everything else going on. Hopefully any safeguards put in place after 2008 are enough to hold off a major disaster.
What do you want to cut, really asking? I once said the same thing as you said to a congressman and he asked me that question. Then he went on to say that behind every dollar spent in Washington is some group, whether it is for defense or other spending. Each such group is against cutting their budget and in fact NEEDS it to increase. Each such budget item then probably effects some of a congressman's constituent group. To lose any group in an election means probably losing their seat, so,it is hard to vote for actual cuts in budgets. This might be a very good argument for term limits.
It is the reason the country is in such bad shape, few Americans understand this country's economics system and how it operates. They also do not understand each party's position on economics. When the Dems talk about trickle down theory of economics, it has to be dumbed down to the point that it really does not make sense and the GOPers just say that since the GOP is for it, it must work. So this inflation will get the GOP back in power in the congress with no plan to fix inflation and we will probably get another round of tax cuts.
First, it can not be done overnight. Second, let the Feds do their work and slow down the economy. We were all in an alt over the speed the economy and employment grew, but it is part of the inflationary problem. We all complained about the slow growth under Obama, but it was constant growth with very low inflation. Growing at the present rate is part of the inflationary problem. The Feds did not act soon enough and they are supposed to be looking out 6 months to a year in advance, but they dropped the ball. We have to correct the supply chain problems and not make it worse like Abbot did for political reasons in Texas. Then we have to go after the excess profits being made by corporations. We can do that by pressure or if they do not react, then by taxes. We have so few corporations in certain businesses, that they can control the prices and profits. We let them choose to get broken up, limit prices or tax those profits. This will all take time and some political will, but we can control inflation.
Doubtful. Trump handed Biden a well-tuned economy. Even a year of neglect is only dampening it a bit.
Not that I have noticed. You're just close to your party's center. That puts the other party far away.
If the GOP was in control of government that might be a question worth answering, but they aren't, so all that matters is what the DEMs are doing at the moment which affects how I need to handle inflation.
Sorry, not buying that line.
What do you want him to say?
