Article

2022-08-04 Economy

Even Biden's Favorite Economist Says Inflation Reduction Act Won't Reduce Inflation

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Posted by Besoeker 2022-08-04 06:38|| || Front Page|| [13 views ] Top

#1 We are already in a recession. Matters little what the Biden owned economists say.

And it's going to get worse. The big driver is fuel costs. Those costs are the long pole in the tent for the final pricing of everything we need to survive.

Posted by Besoeker 2022-08-04 06:44|| 2022-08-04 06:44|| Front Page Top

#2 Let's see, spend a few hundred billions printed out of thin air by the Federal Reserve to reduce inflation. Got it.

Posted by DooDahMan 2022-08-04 06:56|| 2022-08-04 06:56|| Front Page Top

#3 There will be no significant reduction in inflation until fuel costs come down.
The Fed can say nothing about that in their inflation kabuki dance because strangling investment home construction and car sales is meaningless.
Because fuel and food are burning everyone’s paycheck they don’t have money for cars and homes

Posted by Sock Puppet of Doom 2022-08-04 07:50|| 2022-08-04 07:50|| Front Page Top

#4 Ministry of Truth: Wikipedia Adds Editing Restrictions to ‘Protect’ Article on Recession

Posted by Skidmark 2022-08-04 08:31|| 2022-08-04 08:31|| Front Page Top

#5 It is the only thing the demoncrats know how to do. Spend more money and raise taxes.

Posted by DarthVader 2022-08-04 08:47|| 2022-08-04 08:47|| Front Page Top

#6 When told citizens had enough of Tax and Spend Chuck Schumer was asked what the Democrats would pivot to he said, "Spend and Tax".

Posted by Deacon Blues 2022-08-04 12:12|| 2022-08-04 12:12|| Front Page Top

#7 They're gonna burn him till he drops.

'Look at the facts!' Biden defends Inflation Reduction Act saying it WON'T raise taxes on anyone earning less than $400k – as he loudly clears throat and coughs during speech from COVID isolation

Posted by Skidmark 2022-08-04 15:55|| 2022-08-04 15:55|| Front Page Top

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