Reply to Checked 401K today after not looking in 3 months

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why do so many on the Right just repeat what they’re told. No critical thinking ability. I thought Limbaugh’s “ditto heads” was a joke, but it appears to be true. The Right is mostly a bunch of lemmings ready to follow Trump off a cliff. [/quote]

Right. Like they blame Biden and his policies for inflation, yet inflation is worldwide (thanks China and Russia) and Biden has hardly been successful with getting much through Congress (thanks Manchin and Synema). They say it’s Biden because that’s what the Right’s pundits tell them to think. Ditto heads. [/quote]

You should upgrade your sources of information. I'm in Europe now and credible sources like the BBC and the FT constantly differentiate inflation in the US vs Europe: in Europe the main cause is energy and food, given the war. In the US it's the massive stimulus, both monetary (Thanks Fed!) and fiscal (first with Trump, then much expanded with Biden, most recently with the free money for student loans).[/quote]

Excellent response to the "inflation is worldwide" posters.

Just adding that Both the EU and the US did experience inflation before the war owing to supply chain disruptions.  However, in 2021, the US was running 2.5% to 3% ahead of the EU, an amount a San Francisco Fed paper put squarely on the fiscal stimulus of the 2021 American Rescue Plan Act, that same act that Larry Summers criticized as inevitably leading to a surge in inflation, which it did.[/quote]

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