Multi Sport
DA
We ate officially in a recession. Thanks Joe...
President Joe Biden
- Thread starter tenacious
- Start date
It's all Trumps fault...lol
Multi Sport
DA
*are
Multi Sport
DA
President Trump handed Biden a growing economy. This administration is an unmitigated disaster...
Reduces the money supply. Even Izzy gets that right.
Hüsker Dü
DA
Low bar.
It’s the inflation reduction act , of course it will tackle inflation
no need to worry
So you don't know....
Push for Higher Taxes is Misguided During a Time of Inflation and Looming Recession
July 27, 2022
....Indeed, by most accounts current inflation was ultimately caused to a large extent by spending—the federal government spent more than $5 trillion, or 27 percent of GDP, during the pandemic, on top of the usual spending, in the form of stimulus checks, enhanced child credits, and other benefits. The splurge was debt financed, with the Federal Reserve purchasing much of that debt through money creation, without a state plan to repay the debt. .
entire article:
taxfoundation.org
July 27, 2022
....Indeed, by most accounts current inflation was ultimately caused to a large extent by spending—the federal government spent more than $5 trillion, or 27 percent of GDP, during the pandemic, on top of the usual spending, in the form of stimulus checks, enhanced child credits, and other benefits. The splurge was debt financed, with the Federal Reserve purchasing much of that debt through money creation, without a state plan to repay the debt. .
entire article:
Push for Higher Taxes is Misguided During a Time of Inflation and Looming Recession
Some 40 years ago, the U.S. dealt with high inflation and slow economic growth. Then as now, the solution is a long-term focus on stronger economic growth and sustainable federal budgets.
taxfoundation.org
Tax Increases Won’t Cure Inflation
Another bright idea from the folks who brought you Modern Monetary Theory.
The same policy wizards who brought you soaring inflation are now offering what they claim is a solution to inflation: Raise taxes. Our advice is to consider the source and the economic record their previous advice produced.
www.wsj.com
Another bright idea from the folks who brought you Modern Monetary Theory.
The same policy wizards who brought you soaring inflation are now offering what they claim is a solution to inflation: Raise taxes. Our advice is to consider the source and the economic record their previous advice produced.
Opinion | Tax Increases Won’t Cure Inflation
Another bright idea from the folks who brought you Modern Monetary Theory.
www.wsj.com
Janet Yellen...
Do you honestly believe this? I mean in Trump's defense covid did slam the economy, but do you really think he handed Biden a "growing" economy?
thirteenknots
SILVER ELITE
My economy was cranking with T, as was my fav Thai place and so many mom & pop biz. My other friend got fired for not taking the jab so some of us are trying to make rebound. I know you have rainy day fund for life it sounds like or at least a great income with the jab and I'm super happy for you. Not all of us had 3 years of extra $$$ around to use as Hunter & Joe sold us ALL out. I do believe in Karma and I'm starting to see some tables turn.
