U.S. Economy Slows to ‘Near Standstill’ as Omicron, Supply Chain Delays, and Inflation Surge

You're not.

 

Whatever.

Trump isn't president, the Earth breaths a sigh of relief.

 

the 'national emergency' Trump declared

yep, that will come, I predict in February after the holiday spike

 

Biden has done much better under the Pandemic then Trump

 

U.S. Economy Slows to ‘Near Standstill’ ...​

~ Our economy now matches the Biden administration 's thinking ...

 

Probably because no politician is ever going to say they are giving up on an issue, Biden is taking the steps he can, but to blame him directly is erroneous, it is a demand pull inflation, and until the economy reaches an equilibrium point their isn’t much anyone can do

Any economic indicator will show you the American economy was worse off one year ago than today, and Biden, by enlisting the aid of the Federal Gov’t, has managed to vaccinate sixty five of the population, and those not vaccinated are the Covid deniers, who are perpetuating the spread of Covid today

 

Of course we can blame him for his fiscal policies which had led to this soaring inflation. He was warned back at the beginning of 2021 and all along, he was warned when his staff was spouting the phony "transitory" narrative. And he wants more of the same. He claimed he HAD THE PLAN to rid us of COVID and went on to insult the previous President claiming he would be much better. We have seen his failed results. The supply chain problems were known last January, they did nothing while our SecTrans went on a THREE MONTH furlough.

There is PLENTY he can do, he can announce an end to all COVID related supplemental and direct payments, he can announce a freeze on any tax increases and a support for capital formation and investment, he can announce a furlough on new anti-business regulations, he cannot announce a return to Trump energy policies to make us more energy independent and on and on and on.

 

Biden’s policies didn’t cause this inflation, as I said, it is demand pull, simple economics, demand, silenced previously with Covid, escalated rapidly while supply, production, also lessened with Covid, and now can’t meet the accelerating demand. Nothing Biden could have done to stopped that situation

If you wanted to address inflation, basically, reduce money in circulation, why would you reduce taxes? I have no clue what the “anti-business” regulations you are talking are or how they interplay with inflation. And a lot of your post is just a regurgitation of talk radio rhetoric

 

What's been better with Biden? What's the matter can't come up with anything but bashing Trump again?

 

Bidens economy is in shambles.

 

YES it is a demand problem because of his DEMAND SIDE policies, simple economics. Trickle UP doesn't work it only inflates the economy and puts an inflation tax on everyone's income. The same policies that failed him and Obama coming out of the 2008/9 recession. YES reduce the money in circulation and stop influx more fiat money as Biden did when he first took office and wants to do now. Get us back on a energy independence policy instead of the reversal he instituted when he first took office. Stop having the federal government compete for labor, my paying people not to work, forcing employer to artificially raise wages, his anti-business "green new deal" policies, and on and on and on.

 

sadly Trump passed on this economy, it will be Biden's job to reverse the Trump trend

 

Trumps economy was spectacular until the China virus.

It's why recent polling has Trump and Republicans so far ahead of Biden.

 

Oh well..
That was Then, this is NOW...

At least, Trump LOST...
That is All that really mattered...

 

You mean except not continuing to dump billions into the economy to stimulate growth while simultaneously incentivizing people not to get jobs?

You mean, government taking specific actions to both create demand and limit supply?

 

AJ as Americns experience record inflation, supply issues, high gas prices, and the biggest rise in violence since the mid 90s its turning out that there is a lot more that really matters.

 

Democrat votes have consequences; never good

 

Yup...
Agreed...
The Hangover From Trump's 4-Year Destruction of America is proving to be long-lasting...
Thx for pointing that out.

 

It's Bidens baby, he owns it.

 

So what you're saying is that **** was broken when he took office, and he's "bad" because he cant fix the F' Ups from Trump ?

 

Soon we can be like Venezuela! How woke!

 

JFC. You cant make this crap up with a team of writers

Trump did nothing to help the pandemic, and in fact made it worse. Pandemics are multipliers, and once you reach a certain point, you cannot control them, they must then run their course. Which we are seeing now.

Did you just say that we should freeze payments, but still keep taxes (just "lower them"). Who would be paying those taxes, and who would be consuming anything ? Did you even pass econ 101 ? For you to make this statement clearly shows you dont know the first thing about whats driving inflation. Its driven by DEMAND. The supply chain is directly related to demand. Fix the supply chain, and things get better. But we cant do that because the supply chain issue is GLOBAL. You understand that Trump tariffs on China were a driving factor in what we see today right ? Where will we get these goods that people want to buy, when we didn't have chips for anything for the last 2 years Trump was in office. Hence the DEMAND right now.

Fiscal policies take 6-12-18 months for them to really start effecting an economy. I just showed you where Trumps policies did, now show me which Biden policy made any of this

 

Well, if we had an engaged President he could ask Congress for a freeze on unnecessary spending that has been authorized to help slow inflation.

He could encourage domestic energy production to bring down fuel costs.

He could ask Congress to end extended unemployment benefits to encourage people to get back to work.

He could end vaccine mandates on trucking companies. He could even ask Congress for one-time expenditures to subsidize the training that trucking companies give new driver trainees.

So the guy COULD get involved and try to do SOMETHING, but that doesn’t appear to be in his skill set.

 

Apparently, we both think that problems can be solved. What a concept!