Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Dana Bash: "You've been VP for 3 and a half years. Why didn't you do this?"
Kamala: "We brought inflation down"
She's a walking Trump ad.
Inorder to bring inflation down you would need deflation. We haven't had deflation recently.
they brought down the rate of inflation which means prices are rising at a lower rate. It is now 2.9% which is getting closer to fed target of 2%.
Hmmmm,
Harris/Biden did not do a darn thing to bring down inflation!
Nothing! What did they do? What?
The person who brought down inflation was the Fed. By raising interest rates and cooling down the economy. The inflation rate, although better now, should have been even lower if Biden did not spend like crazy past few years and print and devalue the dollar. One example is printing $800 billion for the IRA that did NOT need to be spent at the time.
Even if the inflation rate now is 2-3%. The prices are Still rising!!!!! The prices are not going down and the previous years of 5-9% inflation are still priced into you cost of milk, eggs, wood, housing products.
For those who are actually interested in policy and economics, rather than reflexively slinging mud at their less preferred candidate, academics say that neither Trump nor Biden was really to blame for inflation.
https://www.cnbc.com/2024/07/11/high-inflation-is-largely-not-bidens-or-trumps-fault-economists-say.html
‘Neither Trump nor Biden is to blame’
Global events beyond Trump’s or Biden’s control wreaked havoc on supply and demand dynamics in the U.S. economy, fueling higher prices, economists said.
There were other factors, too.The Federal Reserve, which acts independently from the Oval Office, was slow to act to contain hot inflation, for example. Some Biden and Trump policies such as pandemic relief packages also likely played a role, as might have so-called greedflation.
Again and again,
There would have been inflation in the USA after Covid period! Supply chain issues and the pandemic were to blame.
But, Biden made it worse than it had to be by passing bills that pumped hundreds of billion DOLLARS into the economy that were printed out of thin air. That devalues the existing dollars in the economy and thus worsened inflation!!! Simple economics.
I remember Trump insisting on signing the checks.
Not that simple.
Trump had the Cares act in 2020 that dealt with the Covid shut downs and then in 2021 Biden has the American rescue plan which was a continuation of that. Both were needed to keep economy going.
After that the massive. Infrastructure bill that was signed by Biden for 1.2 Trillion ( 500 billion as to go into investments for the future) and the 800 billion IRA by Biden that was essentially a green energy bill did. It did not to be SPENT!!!!! That is 2 Trillion, TRILLION printed out of thin air. So yeah, the spending on these 2 bills ramped up inflation so much higher than it should have been, period.
Yes, I guess the country could have waited another two decades for that passage. After all Congress had been trying to pass an infrastructure bill since the 90's. Who needs clean water, safe roads, safe bridges, reliable energy, climate reducing methods, and high band internet for rural areas. Nah, just wait another two to three decades. NBD
Wrong timing. You don’t need to spend 1.2 trillion in the middle of a pandemic and when inflation is through the roof.
Hey, I want to buy a retirement house right now, but I got a kid in college now. When he graduates in 2 years, the. I’ll buy that house when the time so right.
So yeah, infrastructure is needed, but not in the middle of a pandemic recovery and raging inflation.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Dana Bash: "You've been VP for 3 and a half years. Why didn't you do this?"
Kamala: "We brought inflation down"
She's a walking Trump ad.
Inorder to bring inflation down you would need deflation. We haven't had deflation recently.
they brought down the rate of inflation which means prices are rising at a lower rate. It is now 2.9% which is getting closer to fed target of 2%.
Hmmmm,
Harris/Biden did not do a darn thing to bring down inflation!
Nothing! What did they do? What?
The person who brought down inflation was the Fed. By raising interest rates and cooling down the economy. The inflation rate, although better now, should have been even lower if Biden did not spend like crazy past few years and print and devalue the dollar. One example is printing $800 billion for the IRA that did NOT need to be spent at the time.
Even if the inflation rate now is 2-3%. The prices are Still rising!!!!! The prices are not going down and the previous years of 5-9% inflation are still priced into you cost of milk, eggs, wood, housing products.
For those who are actually interested in policy and economics, rather than reflexively slinging mud at their less preferred candidate, academics say that neither Trump nor Biden was really to blame for inflation.
https://www.cnbc.com/2024/07/11/high-inflation-is-largely-not-bidens-or-trumps-fault-economists-say.html
‘Neither Trump nor Biden is to blame’
Global events beyond Trump’s or Biden’s control wreaked havoc on supply and demand dynamics in the U.S. economy, fueling higher prices, economists said.
There were other factors, too.The Federal Reserve, which acts independently from the Oval Office, was slow to act to contain hot inflation, for example. Some Biden and Trump policies such as pandemic relief packages also likely played a role, as might have so-called greedflation.
Again and again,
There would have been inflation in the USA after Covid period! Supply chain issues and the pandemic were to blame.
But, Biden made it worse than it had to be by passing bills that pumped hundreds of billion DOLLARS into the economy that were printed out of thin air. That devalues the existing dollars in the economy and thus worsened inflation!!! Simple economics.
I remember Trump insisting on signing the checks.
Not that simple.
Trump had the Cares act in 2020 that dealt with the Covid shut downs and then in 2021 Biden has the American rescue plan which was a continuation of that. Both were needed to keep economy going.
After that the massive. Infrastructure bill that was signed by Biden for 1.2 Trillion ( 500 billion as to go into investments for the future) and the 800 billion IRA by Biden that was essentially a green energy bill did. It did not to be SPENT!!!!! That is 2 Trillion, TRILLION printed out of thin air. So yeah, the spending on these 2 bills ramped up inflation so much higher than it should have been, period.
Yes, I guess the country could have waited another two decades for that passage. After all Congress had been trying to pass an infrastructure bill since the 90's. Who needs clean water, safe roads, safe bridges, reliable energy, climate reducing methods, and high band internet for rural areas. Nah, just wait another two to three decades. NBD
Wrong timing. You don’t need to spend 1.2 trillion in the middle of a pandemic and when inflation is through the roof.
Hey, I want to buy a retirement house right now, but I got a kid in college now. When he graduates in 2 years, the. I’ll buy that house when the time so right.
So yeah, infrastructure is needed, but not in the middle of a pandemic recovery and raging inflation.
Anonymous wrote:Anonymous wrote:Whats worse - only 18 minutes and sharing the spotlight or not giving your first interview alone so the voters can get to know you?
Neither bother me. What's worse raping a woman or ordering an angry mob to kill your VP?
Anonymous wrote:Anonymous wrote:I hate to have to 100% agree with you. I'm so angry that these are our 2 choices for president.Anonymous wrote:Anonymous wrote:I watched the whole thing. Harris reads as qualified for a city, perhaps state, position.
Her replies didn’t have the depth or nuance I expected from someone who has been part of Biden administration for 3.5 years.
When she talks about spending HOURS in the situation room, I suspect she was being honest—more than one. Less than five.
Okay, she's a mediocre candidate.
But she's still much better than the alternative. Trump is a nearly an octogenarian (and will be part-way through the next presidential term) and is rapidly declining both mentally and physically. This job is one of the most stressful and aging jobs and he will not be able to survive competently for a four year term. Biden was much more stable both physically and mentally in 2020 than Trump is now and look where Biden is. The same will happen to Trump. It is quite likely that should Trump be elected, Vance would have to execute 25A to have Trump removed from office for age-related incompetency and then we would be left with Vance who is even less qualified than Harris to assume the office. At this point, Trump is not fit for office and he will only get worse, not better.
Trump did not pay attention to his daily briefings when he was last President. He will have even less attention span for them now and we would be risking a aging senior who needs to have elder care making uninformed decisions for national and international events and having access to the football. Additionally, an aging senior who has alienated our European and NATO allies, has courted relationships and proudly touted relationships with Russia's Putin and North Korea's Kim. You are risking world-wide political instability entrusting the US international relations to someone in his state of age-related decline.
I'm a never Trumper and will vote for Harris because of the two she's the better (I am in Maryland so even if I was MAGA it wouldn't matter at the voting box). But I wish we had 2 better choices. Walz seems like much better VP than Vance though. MUCH better.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Dana Bash: "You've been VP for 3 and a half years. Why didn't you do this?"
Kamala: "We brought inflation down"
She's a walking Trump ad.
Inorder to bring inflation down you would need deflation. We haven't had deflation recently.
they brought down the rate of inflation which means prices are rising at a lower rate. It is now 2.9% which is getting closer to fed target of 2%.
Hmmmm,
Harris/Biden did not do a darn thing to bring down inflation!
Nothing! What did they do? What?
The person who brought down inflation was the Fed. By raising interest rates and cooling down the economy. The inflation rate, although better now, should have been even lower if Biden did not spend like crazy past few years and print and devalue the dollar. One example is printing $800 billion for the IRA that did NOT need to be spent at the time.
Even if the inflation rate now is 2-3%. The prices are Still rising!!!!! The prices are not going down and the previous years of 5-9% inflation are still priced into you cost of milk, eggs, wood, housing products.
For those who are actually interested in policy and economics, rather than reflexively slinging mud at their less preferred candidate, academics say that neither Trump nor Biden was really to blame for inflation.
https://www.cnbc.com/2024/07/11/high-inflation-is-largely-not-bidens-or-trumps-fault-economists-say.html
‘Neither Trump nor Biden is to blame’
Global events beyond Trump’s or Biden’s control wreaked havoc on supply and demand dynamics in the U.S. economy, fueling higher prices, economists said.
There were other factors, too.The Federal Reserve, which acts independently from the Oval Office, was slow to act to contain hot inflation, for example. Some Biden and Trump policies such as pandemic relief packages also likely played a role, as might have so-called greedflation.
Again and again,
There would have been inflation in the USA after Covid period! Supply chain issues and the pandemic were to blame.
But, Biden made it worse than it had to be by passing bills that pumped hundreds of billion DOLLARS into the economy that were printed out of thin air. That devalues the existing dollars in the economy and thus worsened inflation!!! Simple economics.
I remember Trump insisting on signing the checks.
Not that simple.
Trump had the Cares act in 2020 that dealt with the Covid shut downs and then in 2021 Biden has the American rescue plan which was a continuation of that. Both were needed to keep economy going.
After that the massive. Infrastructure bill that was signed by Biden for 1.2 Trillion ( 500 billion as to go into investments for the future) and the 800 billion IRA by Biden that was essentially a green energy bill did. It did not to be SPENT!!!!! That is 2 Trillion, TRILLION printed out of thin air. So yeah, the spending on these 2 bills ramped up inflation so much higher than it should have been, period.
Yes, I guess the country could have waited another two decades for that passage. After all Congress had been trying to pass an infrastructure bill since the 90's. Who needs clean water, safe roads, safe bridges, reliable energy, climate reducing methods, and high band internet for rural areas. Nah, just wait another two to three decades. NBD
Wrong timing. You don’t need to spend 1.2 trillion in the middle of a pandemic and when inflation is through the roof.
Hey, I want to buy a retirement house right now, but I got a kid in college now. When he graduates in 2 years, the. I’ll buy that house when the time so right.
So yeah, infrastructure is needed, but not in the middle of a pandemic recovery and raging inflation.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Dana Bash: "You've been VP for 3 and a half years. Why didn't you do this?"
Kamala: "We brought inflation down"
She's a walking Trump ad.
Inorder to bring inflation down you would need deflation. We haven't had deflation recently.
they brought down the rate of inflation which means prices are rising at a lower rate. It is now 2.9% which is getting closer to fed target of 2%.
Hmmmm,
Harris/Biden did not do a darn thing to bring down inflation!
Nothing! What did they do? What?
The person who brought down inflation was the Fed. By raising interest rates and cooling down the economy. The inflation rate, although better now, should have been even lower if Biden did not spend like crazy past few years and print and devalue the dollar. One example is printing $800 billion for the IRA that did NOT need to be spent at the time.
Even if the inflation rate now is 2-3%. The prices are Still rising!!!!! The prices are not going down and the previous years of 5-9% inflation are still priced into you cost of milk, eggs, wood, housing products.
For those who are actually interested in policy and economics, rather than reflexively slinging mud at their less preferred candidate, academics say that neither Trump nor Biden was really to blame for inflation.
https://www.cnbc.com/2024/07/11/high-inflation-is-largely-not-bidens-or-trumps-fault-economists-say.html
‘Neither Trump nor Biden is to blame’
Global events beyond Trump’s or Biden’s control wreaked havoc on supply and demand dynamics in the U.S. economy, fueling higher prices, economists said.
There were other factors, too.The Federal Reserve, which acts independently from the Oval Office, was slow to act to contain hot inflation, for example. Some Biden and Trump policies such as pandemic relief packages also likely played a role, as might have so-called greedflation.
Again and again,
There would have been inflation in the USA after Covid period! Supply chain issues and the pandemic were to blame.
But, Biden made it worse than it had to be by passing bills that pumped hundreds of billion DOLLARS into the economy that were printed out of thin air. That devalues the existing dollars in the economy and thus worsened inflation!!! Simple economics.
I remember Trump insisting on signing the checks.
Not that simple.
Trump had the Cares act in 2020 that dealt with the Covid shut downs and then in 2021 Biden has the American rescue plan which was a continuation of that. Both were needed to keep economy going.
After that the massive. Infrastructure bill that was signed by Biden for 1.2 Trillion ( 500 billion as to go into investments for the future) and the 800 billion IRA by Biden that was essentially a green energy bill did. It did not to be SPENT!!!!! That is 2 Trillion, TRILLION printed out of thin air. So yeah, the spending on these 2 bills ramped up inflation so much higher than it should have been, period.
Yes, I guess the country could have waited another two decades for that passage. After all Congress had been trying to pass an infrastructure bill since the 90's. Who needs clean water, safe roads, safe bridges, reliable energy, climate reducing methods, and high band internet for rural areas. Nah, just wait another two to three decades. NBD
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Dana Bash: "You've been VP for 3 and a half years. Why didn't you do this?"
Kamala: "We brought inflation down"
She's a walking Trump ad.
Inorder to bring inflation down you would need deflation. We haven't had deflation recently.
they brought down the rate of inflation which means prices are rising at a lower rate. It is now 2.9% which is getting closer to fed target of 2%.
Hmmmm,
Harris/Biden did not do a darn thing to bring down inflation!
Nothing! What did they do? What?
The person who brought down inflation was the Fed. By raising interest rates and cooling down the economy. The inflation rate, although better now, should have been even lower if Biden did not spend like crazy past few years and print and devalue the dollar. One example is printing $800 billion for the IRA that did NOT need to be spent at the time.
Even if the inflation rate now is 2-3%. The prices are Still rising!!!!! The prices are not going down and the previous years of 5-9% inflation are still priced into you cost of milk, eggs, wood, housing products.
For those who are actually interested in policy and economics, rather than reflexively slinging mud at their less preferred candidate, academics say that neither Trump nor Biden was really to blame for inflation.
https://www.cnbc.com/2024/07/11/high-inflation-is-largely-not-bidens-or-trumps-fault-economists-say.html
‘Neither Trump nor Biden is to blame’
Global events beyond Trump’s or Biden’s control wreaked havoc on supply and demand dynamics in the U.S. economy, fueling higher prices, economists said.
There were other factors, too.The Federal Reserve, which acts independently from the Oval Office, was slow to act to contain hot inflation, for example. Some Biden and Trump policies such as pandemic relief packages also likely played a role, as might have so-called greedflation.
Again and again,
There would have been inflation in the USA after Covid period! Supply chain issues and the pandemic were to blame.
But, Biden made it worse than it had to be by passing bills that pumped hundreds of billion DOLLARS into the economy that were printed out of thin air. That devalues the existing dollars in the economy and thus worsened inflation!!! Simple economics.
I remember Trump insisting on signing the checks.
Not that simple.
Trump had the Cares act in 2020 that dealt with the Covid shut downs and then in 2021 Biden has the American rescue plan which was a continuation of that. Both were needed to keep economy going.
After that the massive. Infrastructure bill that was signed by Biden for 1.2 Trillion ( 500 billion as to go into investments for the future) and the 800 billion IRA by Biden that was essentially a green energy bill did. It did not to be SPENT!!!!! That is 2 Trillion, TRILLION printed out of thin air. So yeah, the spending on these 2 bills ramped up inflation so much higher than it should have been, period.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Dana Bash: "You've been VP for 3 and a half years. Why didn't you do this?"
Kamala: "We brought inflation down"
She's a walking Trump ad.
Inorder to bring inflation down you would need deflation. We haven't had deflation recently.
they brought down the rate of inflation which means prices are rising at a lower rate. It is now 2.9% which is getting closer to fed target of 2%.
Hmmmm,
Harris/Biden did not do a darn thing to bring down inflation!
Nothing! What did they do? What?
The person who brought down inflation was the Fed. By raising interest rates and cooling down the economy. The inflation rate, although better now, should have been even lower if Biden did not spend like crazy past few years and print and devalue the dollar. One example is printing $800 billion for the IRA that did NOT need to be spent at the time.
Even if the inflation rate now is 2-3%. The prices are Still rising!!!!! The prices are not going down and the previous years of 5-9% inflation are still priced into you cost of milk, eggs, wood, housing products.
For those who are actually interested in policy and economics, rather than reflexively slinging mud at their less preferred candidate, academics say that neither Trump nor Biden was really to blame for inflation.
https://www.cnbc.com/2024/07/11/high-inflation-is-largely-not-bidens-or-trumps-fault-economists-say.html
‘Neither Trump nor Biden is to blame’
Global events beyond Trump’s or Biden’s control wreaked havoc on supply and demand dynamics in the U.S. economy, fueling higher prices, economists said.
There were other factors, too.The Federal Reserve, which acts independently from the Oval Office, was slow to act to contain hot inflation, for example. Some Biden and Trump policies such as pandemic relief packages also likely played a role, as might have so-called greedflation.
Again and again,
There would have been inflation in the USA after Covid period! Supply chain issues and the pandemic were to blame.
But, Biden made it worse than it had to be by passing bills that pumped hundreds of billion DOLLARS into the economy that were printed out of thin air. That devalues the existing dollars in the economy and thus worsened inflation!!! Simple economics.
Anonymous wrote:Anonymous wrote:Whats worse - only 18 minutes and sharing the spotlight or not giving your first interview alone so the voters can get to know you?
Neither bother me. What's worse raping a woman or ordering an angry mob to kill your VP?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:As for Tim Walz, “sometimes my grammar is wrong” is a rich excuse for lying.
If Trump said that, it would be mocked
Not really. He's such a fire hose of obvious, demonstrable lies, there's no point.
He used IVF as a term instead of IUI because IVF is something most people have heard of whereas IUI isn't.
He attained a rank and served in that capacity for months, and then retired, at the rank below.
These are not "lies" and certainly not like any of Trump's thousands of obvious lies.
He had "Command Sargent Major" stamped on his Congressional challenge coin. That's stolen valor. He claimed to have "carried a weapon of war, in war". That's stolen valor, not bad grammar.
That isn't stolen valor. He achieved the rank and served in the rank, but retired a rung lower.
He did not achieve e9. He wasn’t promoted to e9 then demoted at retirement. He never went beyond e8. He is a gross liar. You are an enabler.
He served in an e9 capacity for several months, but did not do the coursework to codify the rank, so when he retired, he retired at his previous grade. this is pretty well documented.
Again-being frocked in anticipation that you will attend the SMA is not a promotion. The promotion occurs after successfully completing SMA. He served as an e9, made the e9 list, but was always an e8. That’s facts.
The coursework was attending SMA, which he either declined to do or dropped out of. He doesn’t specify which he did.
You don’t know what you are talking about. You don’t get promoted until you complete the coursework. He was never promoted to e9.
He wasn’t an e9 except in name for a few months. He wasn’t an e9 who was demoted to e8 at retirement; he was an e8 that acted as an e9 for a few months. He was never promoted.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Dana Bash: "You've been VP for 3 and a half years. Why didn't you do this?"
Kamala: "We brought inflation down"
She's a walking Trump ad.
Inorder to bring inflation down you would need deflation. We haven't had deflation recently.
they brought down the rate of inflation which means prices are rising at a lower rate. It is now 2.9% which is getting closer to fed target of 2%.
Hmmmm,
Harris/Biden did not do a darn thing to bring down inflation!
Nothing! What did they do? What?
The person who brought down inflation was the Fed. By raising interest rates and cooling down the economy. The inflation rate, although better now, should have been even lower if Biden did not spend like crazy past few years and print and devalue the dollar. One example is printing $800 billion for the IRA that did NOT need to be spent at the time.
Even if the inflation rate now is 2-3%. The prices are Still rising!!!!! The prices are not going down and the previous years of 5-9% inflation are still priced into you cost of milk, eggs, wood, housing products.
For those who are actually interested in policy and economics, rather than reflexively slinging mud at their less preferred candidate, academics say that neither Trump nor Biden was really to blame for inflation.
https://www.cnbc.com/2024/07/11/high-inflation-is-largely-not-bidens-or-trumps-fault-economists-say.html
‘Neither Trump nor Biden is to blame’
Global events beyond Trump’s or Biden’s control wreaked havoc on supply and demand dynamics in the U.S. economy, fueling higher prices, economists said.
There were other factors, too.The Federal Reserve, which acts independently from the Oval Office, was slow to act to contain hot inflation, for example. Some Biden and Trump policies such as pandemic relief packages also likely played a role, as might have so-called greedflation.
Again and again,
There would have been inflation in the USA after Covid period! Supply chain issues and the pandemic were to blame.
But, Biden made it worse than it had to be by passing bills that pumped hundreds of billion DOLLARS into the economy that were printed out of thin air. That devalues the existing dollars in the economy and thus worsened inflation!!! Simple economics.
I remember Trump insisting on signing the checks.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Dana Bash: "You've been VP for 3 and a half years. Why didn't you do this?"
Kamala: "We brought inflation down"
She's a walking Trump ad.
Inorder to bring inflation down you would need deflation. We haven't had deflation recently.
they brought down the rate of inflation which means prices are rising at a lower rate. It is now 2.9% which is getting closer to fed target of 2%.
Hmmmm,
Harris/Biden did not do a darn thing to bring down inflation!
Nothing! What did they do? What?
The person who brought down inflation was the Fed. By raising interest rates and cooling down the economy. The inflation rate, although better now, should have been even lower if Biden did not spend like crazy past few years and print and devalue the dollar. One example is printing $800 billion for the IRA that did NOT need to be spent at the time.
Even if the inflation rate now is 2-3%. The prices are Still rising!!!!! The prices are not going down and the previous years of 5-9% inflation are still priced into you cost of milk, eggs, wood, housing products.
For those who are actually interested in policy and economics, rather than reflexively slinging mud at their less preferred candidate, academics say that neither Trump nor Biden was really to blame for inflation.
https://www.cnbc.com/2024/07/11/high-inflation-is-largely-not-bidens-or-trumps-fault-economists-say.html
‘Neither Trump nor Biden is to blame’
Global events beyond Trump’s or Biden’s control wreaked havoc on supply and demand dynamics in the U.S. economy, fueling higher prices, economists said.
There were other factors, too.The Federal Reserve, which acts independently from the Oval Office, was slow to act to contain hot inflation, for example. Some Biden and Trump policies such as pandemic relief packages also likely played a role, as might have so-called greedflation.
Again and again,
There would have been inflation in the USA after Covid period! Supply chain issues and the pandemic were to blame.
But, Biden made it worse than it had to be by passing bills that pumped hundreds of billion DOLLARS into the economy that were printed out of thin air. That devalues the existing dollars in the economy and thus worsened inflation!!! Simple economics.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Dana Bash: "You've been VP for 3 and a half years. Why didn't you do this?"
Kamala: "We brought inflation down"
She's a walking Trump ad.
Inorder to bring inflation down you would need deflation. We haven't had deflation recently.
they brought down the rate of inflation which means prices are rising at a lower rate. It is now 2.9% which is getting closer to fed target of 2%.
Hmmmm,
Harris/Biden did not do a darn thing to bring down inflation!
Nothing! What did they do? What?
The person who brought down inflation was the Fed. By raising interest rates and cooling down the economy. The inflation rate, although better now, should have been even lower if Biden did not spend like crazy past few years and print and devalue the dollar. One example is printing $800 billion for the IRA that did NOT need to be spent at the time.
Even if the inflation rate now is 2-3%. The prices are Still rising!!!!! The prices are not going down and the previous years of 5-9% inflation are still priced into you cost of milk, eggs, wood, housing products.
For those who are actually interested in policy and economics, rather than reflexively slinging mud at their less preferred candidate, academics say that neither Trump nor Biden was really to blame for inflation.
https://www.cnbc.com/2024/07/11/high-inflation-is-largely-not-bidens-or-trumps-fault-economists-say.html
‘Neither Trump nor Biden is to blame’
Global events beyond Trump’s or Biden’s control wreaked havoc on supply and demand dynamics in the U.S. economy, fueling higher prices, economists said.
There were other factors, too.The Federal Reserve, which acts independently from the Oval Office, was slow to act to contain hot inflation, for example. Some Biden and Trump policies such as pandemic relief packages also likely played a role, as might have so-called greedflation.