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Democrat Economics: Dumping 1.7 trillion in borrowed money will actually help stop inflation


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12 minutes ago, robosmith said:

You must be very dumb to not understand how investment can increase EFFICIANCY, and greater efficiency LOWERS COSTS.

Ummm... there has been TRILLIONS of dollars spent by the Biden administration over the last couple of years...and yet, inflation has been at record levels.

Somewhere along the line, that greater efficiency that was supposed to lower costs, must have gotten derailed.

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6 minutes ago, ironstone said:

Ummm... there has been TRILLIONS of dollars spent by the Biden administration over the last couple of years...and yet, inflation has been at record levels.

Somewhere along the line, that greater efficiency that was supposed to lower costs, must have gotten derailed.

Only the infrastructure bill is called "Inflation reduction," and designed to increase efficiency by investments.

The other spending, including that signed by Trump, was for STIMULUS, to keep the economy from imploding.

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35 minutes ago, robosmith said:

Only the infrastructure bill is called "Inflation reduction," and designed to increase efficiency by investments.

The other spending, including that signed by Trump, was for STIMULUS, to keep the economy from imploding.

There was no inflation during Trump's presidency.  If the ugly truth about fighting inflation is that the economy must be 'destroyed' (as some might put it), then what is accomplished by adding more stimulus or increasing efficiency to now help the economy?  I know that Yellen supports the bill, but i don't understand her reasoning unless the Fed's changed its priorities from fighting inflation to avoiding recession. It's not going to end well either way.

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1 hour ago, ironstone said:

Ummm... there has been TRILLIONS of dollars spent by the Biden administration over the last couple of years...and yet, inflation has been at record levels.

Somewhere along the line, that greater efficiency that was supposed to lower costs, must have gotten derailed.

That's the point tho.. biggest wealth transfer scam from middle class to the ultra wealthy in our history and democrat voters are too dumb to see it

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6 hours ago, ironstone said:

Ummm... there has been TRILLIONS of dollars spent by the Biden administration over the last couple of years...and yet, inflation has been at record levels.

Somewhere along the line, that greater efficiency that was supposed to lower costs, must have gotten derailed.

Inflation in the US is NOT "at record levels." It has been much higher in the PAST.

Inflation has been high WORLDWIDE recently, and it is NOT as high here as elsewhere in the Western nations.

We (US) are BENEFITING from the high JOB GROWTH fueled by an economy that is RECOVERING FASTER than elsewhere.

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7 hours ago, robosmith said:

Inflation in the US is NOT "at record levels." It has been much higher in the PAST.

Inflation has been high WORLDWIDE recently, and it is NOT as high here as elsewhere in the Western nations.

We (US) are BENEFITING from the high JOB GROWTH fueled by an economy that is RECOVERING FASTER than elsewhere.

The way you're describing things, it's the best time ever right now under the Biden administration. You are an optimist, I'll give you that.

Joe Biden Cheers Historic Year: Record Crime, Record Inflation, Record Illegal Immigration, Record Gas Prices, Worst Stock/Bond/Equity Losses Since 1871 (thegatewaypundit.com)

Biden Denies Massive Spending Fueled Record Inflation: ‘The Idea Is Bizarre’ (yahoo.com)

President Biden says the US is NOT experiencing record inflation when it is | Daily Mail Online

I would agree with you that smart spending is a good investment but there is a lot of money earmarked for foolish things in those spending bills. To be fair to Biden, this sort of thing is not unique to him alone, woke governments all over the world do the same thing.

9 Crazy Examples of Unrelated Waste and Partisan Spending in Biden’s $2 Trillion ‘Infrastructure’ Proposal - Foundation for Economic Education (fee.org)

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16 hours ago, robosmith said:

You must be very dumb to not understand how investment can increase EFFICIANCY, and greater efficiency LOWERS COSTS.

You REALLY are stupid. Government spending is NOT investment. It is SPENDING, most of which buys votes from stupid voters.

And when the money market is FLOODED with more dollars (meaning more have to be printed by the Fed) and the supply chain is still in crisis, that winds up TOO MANY DOLLARS CHASING TOO FEW GOODS.

It's called INFLATION, manure for brains. Unelected Joe is RESPONSIBLE for American INFLATION, because of his SPENDING and supply chain crisis. (We didn't have this with LEGALLY ELECTED PRESIDENT TRUMP, you imbecile.)

https://www.foxnews.com/media/congress-1-7-trillion-spending-bill-includes-millions-gender-equity-climate-initiatives

Quote

The bill includes $200 million for a "Gender Equity and Equality Action Fund," which will be used to promote "gender programs in Pakistan,"

Investment?

Quote

"The omnibus bill will funnel MILLIONS of taxpayer dollars to LGBT groups peddling radical gender ideology - many of those $$$ will go to orgs that target YOUTH You won’t believe how ridiculous some of these earmarks are," Rep. Chip Roy tweeted.

Investment in homos?

Quote

More than $2 million is included to fund a "facility infrastructure upgrade" at the National Great Blacks In Wax Museum, Inc. in Baltimore, $750,000 is set aside for "Transitional Housing and Services for LGBT and Gender Non-Conforming" in Albany, New York, $1.5 million for the LOFT or "The Lesbian and Gay Community Services Center Inc.," in New York, $750,000 for the acquisition of a building to create the Brooklyn Center for Social Justice, Entrepreneurship and the Arts and $1 million for Zora's House in Columbus, Ohio, which describes itself as a "non-profit coworking and community space built by and for women and gender expansive people of color."

Tell us AGAIN, how this useless pork barrel WELFARE spending somehow makes ANYTHING efficient?

Better yet, JUST SHUT THE PLUCK UP. 

You're too  stupid to respond.

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10 hours ago, robosmith said:

Just cause FOX tells you ^these fairy tales does not make them true.

It is 100% true. Cranking up interest rates and flooding the market with BORROWED government money only drives the wealth gap. 

Who do you think benefits? People who they are BORROWING from.. ?

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7 hours ago, ironstone said:

The way you're describing things, it's the best time ever right now under the Biden administration. You are an optimist, I'll give you that.

Joe Biden Cheers Historic Year: Record Crime, Record Inflation, Record Illegal Immigration, Record Gas Prices, Worst Stock/Bond/Equity Losses Since 1871 (thegatewaypundit.com)

Biden Denies Massive Spending Fueled Record Inflation: ‘The Idea Is Bizarre’ (yahoo.com)

President Biden says the US is NOT experiencing record inflation when it is | Daily Mail Online

I would agree with you that smart spending is a good investment but there is a lot of money earmarked for foolish things in those spending bills. To be fair to Biden, this sort of thing is not unique to him alone, woke governments all over the world do the same thing.

9 Crazy Examples of Unrelated Waste and Partisan Spending in Biden’s $2 Trillion ‘Infrastructure’ Proposal - Foundation for Economic Education (fee.org)

So to prove your point you post an OBSOLETE story about a bill that never passed?

My claims are entirely predicated on *IF* the money is spent to increase EFFICIENCY as CLAIMED.

Granted it is likely NOT ALL of it will be, but probably the vast majority WILL.

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4 hours ago, West said:

It is 100% true. Cranking up interest rates and flooding the market with BORROWED government money only drives the wealth gap. 

Who do you think benefits? People who they are BORROWING from.. ?

You don't even know WHY interest rates are rising. LMAO.

㊙️ It's to fight INFLATION which is due to a very STRONG ECONOMY.

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3 hours ago, robosmith said:

YOU NEVER POST EVIDENCE, but now you're FANTACISING that YOUR CLAIMS are OBVIOUS.

Ok, Alice. Wish I had your magic looking glass. LMAO

They are obvious.. three years of printing money. 

You don't seem to understand why inflation is high and attribute it to the rich lol

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