Reply to Is there a "post-truth" majority in the US?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Now are there anti-math democrats, because they don't believe that endless money creation devalues the dollar and causes inflation?

Does money really grow on trees?[/quote]

Who in this thread posted anything about "endless money creation?"  Nobody that I've seen.  I guess the strategy is that when you don't actually have an argument, you fabricate a strawman of your own.

Democrats do not support endless money creation for the sake of endless money creation.

But they do support expansionary monetary policy as needed to keep up with other real-world expansionary factors such as growing GDP, population growth, increase in the numbers of businesses and industries, need for critical infrastructure, and so on.

If you had been paying attention, you would have seen that the Biden administration and Federal Reserve have been coordinating to try and drive pandemic-related inflation back down and as a result, our inflation rates are now lower than those of most other countries.  Biden administration drove inflation down from 9.1% at the tail end of the pandemic to 3.4% as of the latest report, lower than most other countries and [b]the lowest of any G7 nations. [/b] Meanwhile you may have forgotten that it was the Trump administration that pumped the economy full of inflation-driving "stimmy checks" which were phased out by Biden.  You may have also forgotten that it was the Trump administration that threw money around with the fraud-riddled PPP loans, which were significantly reformed by Biden to rein in the rampant fraud.

So, not only is it a strawman, it's a fail in every other way.  And don't even bother coming back at us with a lame retort like "man you didn't even understand the question and you're dim" [/quote]

This assertion is post-truth.  Not only does the US not have the lowest inflation of any G7 country, it has the highest inflation rate. It is 25% higher than the next highest and more than four times the rate in the G7 country with the lowest rate.

Italy   0.8%
France   2.2%
Germany 2.2%
UK   2.3%
Japan 2.5%
Canada  2.7%
US   3.4%

https://tradingeconomics.com/country-list/inflation-rate?continent=america

[/quote]

3.4% is pretty good.  In comparison, Russia's inflation is 7.8%.  Turkey's is 69.8%.  Argentina's is a whopping 289%. 
  [/quote]

I really hope Biden runs with this.  It’s a hilarious talking point.[/quote]

Nowhere near as hilarious as the Republicans who are still running around with ludicrous talking points like Millei's about firing 90% of the government, cutting all services and spending to minimalistic levels.  That's been a smashing success, pushed Argentina to almost 300% inflation.   But there you are with your idiotic Republicans on full display still peddling that broken ideology.  I'll take 3.4% over that ANY DAY OF THE WEEK.[/quote]

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