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- Dec 27, 2016
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- Western Bulldogs
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- #31
Here is US Politics - Pt 1
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Biden’s performance in running the economy can best be described as “fiscal irresponsibility on steroids” causing rising inflation AND a cost of living crisis.
In fairness, republicans did warn him the tad excessive stimulus packages might cause inflation to rise.You keep saying this, yet the only policy of Bidens you've been able to critique from Biden is him 'not undoing Trumps trade tariffs which caused the rising inflation and cost of living crisis'.
I guess you're right to some degree. He could have done more in office to undo Trumps woeful economic policies that caused the current mess.
In fairness, republicans did warn him the tad excessive stimulus packages might cause inflation to rise.
Fair post that.Inflation rose largely due to disruptions in supply following on from COVID.
It was a global phenomenon, it happened here and in Europe as well (including in countries without financial stimuli packages).
https://en.wikipedia.org/wiki/2021–2023_inflation_surge
Russias invasion of Ukraine hasn't helped either (disruptions to Oil and food supply)
I was going to have a go but backed off when I saw the Wikipedia link.
Wikimal strikesFair post that.
I was going to have a go but backed off when I saw the Wikipedia link.
Educated people are turning away from Republicans.
Color me shocked.
"Educated people" doesn't mean anything.
Some of the biggest corrupt slime balls are "educated people".
Many of the people with sweet FA use to society are "educated people".
So smart they spent a small fortune on a degree that can't even get them a job.
And whoever said the left are elitist flogs.You... didnt go to Uni did you mate?
You... didnt go to Uni did you mate?
You're hardly one to talk Mal.You... didnt go to Uni did you mate?
Remember when conservatives were all in a tizzy convinced TayTay and whats his face were going to get engaged live on TV while wearing Biden tshirts or something? Good times.If LeBron gives a shout out when he's doing his flag bearing Olympic thing her odds will become very short.
The whole of the western world (excluding Japan) has experienced high inflation. What policies can you point to that Biden has put in place that have resulted in this?One hopes Kamala at least has the ability to appoint people with fiscal acumen.
Biden’s performance in running the economy can best be described as “fiscal irresponsibility on steroids” causing rising inflation AND a cost of living crisis.
Amirite Malifice ?
All of them.The whole of the western world (excluding Japan) has experienced high inflation. What policies can you point to that Biden has put in place that have resulted in this?
Also, rising inflation results in a cost of living crisis, not 'and' a cost of living crisis.
Oh, wait, this is the conspiracy board.....carry on, you are really really good at this.
He then attempted to fix the problem he created by throwing another trillion dollars at it.
The bigger problem is the lack of accountability for how the funds are used.
The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.[3][4]
Unprecedented in size and scope,[9] the legislation was the largest economic stimulus package in U.S. history,[14] amounting to 10% of total U.S. gross domestic product.[15] The bill is much larger than the $831 billion stimulus act passed in 2009 as part of the response to the Great Recession.[15] The Congressional Budget Office estimates that it will add $1.7 trillion to the deficits over the 2020–2030 period, with nearly all the impact in 2020 and 2021.
You still talking about Trump?
https://en.wikipedia.org/wiki/CARES_Act
'But the inflation that followed this is Bidens fault'
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A question of paramount importance, ET.When will the Border Czar outline her plans to secure the border?
Another Wikipedia worshiper.Gee you’ve encountered a pack of DSAs in here. Nicer bloke than me.