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Reply to "May CPI 8.6%"
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[quote=Anonymous][quote=Anonymous]Not sure what anyone can actually do. Energy prices are insane right now worldwide. Supply chain problems persist in many markets, which is driving up cost for the scant resources (also worldwide). The Fed could raise interest rates to try to cool things down, but can't raise them too high and cause an instant recession. I know a lot of people rant and rave about the pandemic money, but MUCH of that was under Trump. Want to talk about a terrible use of money? [b]Why don't we talk about the PPP loans that were handed out like candy and not tracked? So many places that actually needed them didn't get them. It was a damn free for all, and LOTS of fraud was committed.[/b] [/quote] Because those inconvenient facts run contrary to the carefully-constructed Republican narrative that inflation is 110% the fault of Sleepy Joe and the spendthrift demonrats.[/quote]
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