Reply to U.S. Annual Inflation rose to 6.8% in November

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Reply to "U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The economy is doomed.  Biden is literally turning into Jimmy Carter 2.  Markets are tanking. Holy cow.

Please take note liberals and progressives.  See how not so easy it is to inject so much cash, debt, and government spending without having massive consequences?  Good luck with your insane social spending ideas.  BBB? More like Build Back Worse...[/quote]

The final nail is in the coffin - its DDD now. Dead Dead Dead.[/quote]

Yes, obviously the problem was bailing out the little guy so he could eat without having to work 3 minimum wage jobs, instead of juicing the markets for years with easy money so billionaires could become trillionaires. American companies are doing great. Labor prices go up 3%, product prices go up 20%, profit profit profit. [/quote]

What little guy? The BBB doesn't effect 65% of the American population. Literally not qualified to access any of the programs that would enable him/her to 'eat without having to work'.

So you can see why the majority cares less than nil about these dead bills.

[img]https://cbsnews1.cbsistatic.com/hub/i/2022/01/15/1076d0a1-66d8-4d5b-9ea0-65b4644daf9e/38.png[/img]

[twitter]https://twitter.com/YahooFinance/status/1470507656611868687[/twitter][/quote]

BBB never passed. Are you arguing that a failed bill caused runaway inflation?[/quote]

See the problem progressives are having with that arguement - the Child Tax Credit DID pass. In a six-month temporary program so we could see the effect. And unfortunately for them not only did it happen to be the most expensive portion of the BBB legislation, it also occurred or encouraged (either way it looks bad) during the highest peaks of inflation this country has seen in 40 years. You can literally track the start of the CTC payments in July 2021 to the rampant inflation rise all the way through December 2021. [/quote]

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