Inflation will linger near decade highs until the second half of 2022, Janet Yellen says

Discussion in 'Latest US & World News' started by sec, Oct 25, 2021.

  1. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    It was already explained to you previously in another thread that the government during Obama spent more than during Bush, the government during Trump spent more than during Obama, and the government so far during Biden has already spent more than during Trump.
    It was also explained to you that a President is not always necessarily the one to blame for government spending.

    Now, am I going to hear you spout off this same thing again in other threads?
     
    Last edited: Nov 4, 2021
  2. Natural Citizen

    Natural Citizen Active Member

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    Keynesians gonna Keynes.
     
  3. sec

    sec Well-Known Member

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    I'm heading outside to gather rocks and sell them as pets
     
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  4. FreshAir

    FreshAir Well-Known Member Past Donor

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    yet, the right had the tea party for Obama, then under Trump did not care about the debt, and now with Biden the debt is a problem again... hmmm, see a trend, seems the right only likes raising the debt when they are in power
     
    Last edited: Nov 4, 2021
  5. fmw

    fmw Well-Known Member

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    Everything you said WAS true.
     
  6. FreshAir

    FreshAir Well-Known Member Past Donor

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    still true
     
  7. GeddonM3

    GeddonM3 Well-Known Member

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    Just what the democrats want , forcing more and more people in between a rock and a hard place in the attempt to make their socialist dreams happen by making people more dependent on government to control their lives .
     
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  8. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    Not really true. Previously explained numerous times to you in multiple other threads.

    (It's a little bit too complex to discuss in one paragraph)
     
    Last edited: Nov 8, 2021
  9. fmw

    fmw Well-Known Member

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    Inflation will linger near decade highs until the second half of 2022, Janet Yellen says

    That made me laugh. Inflation has lingered throughout my entire lifetime.
     
  10. Pollycy

    Pollycy Well-Known Member

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    The 'dynamic duo' of Ronald Reagan and Federal Reserve Chairman, Paul Volcker, whipped inflation down from the horrific levels it had gone up to under Democrat, Jimmuh Cawduh. My guess is that you were probably born after ~1990...(?) Me? I'm an old guy... I remember all of this very, very well....

    Reagan and Volcker formulated an economic methodology referred to as "Reaganomics" that included protecting the value of the American Dollar, increased government spending (much of it on defense, after it had been neglected by everybody for over 10 years). The American FREE-MARKET CAPITALIST SYSTEM, the foundation of our economic success from the very beginning, recovered from those years of "Stagflation" and everything was great, more-or-less, all the way up to the '9/11' event. And then, everything began going straight to hell....
     

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