Yeh, and who came up with the bright idea to pay people to make more money by staying at home. duh. You think that created more less demand for labor. You working for your Biden potato in your rations as usual. Can't fix commie.
The Biden administration has pumped trillions of dollars of fake money into the economy and still wants to do more. There used to be a belief that more dollars chasing the same or even less amount of supply led to inflation but now that certain members of the forum here get all their economic models from AOC that has gone away I guess.
you mean the COVID stimulus checks sent out in April 2020, December 2020 and January 2021.....right.. I forget Biden was made retroactively president in 2020! I forgot stimulus checks were invented magically when Biden took office in 2021 and never existed during trump
Biden's Covid bill $1.9 trillion trump's Cares bill $2 trillion Basically the same... Oh my......but but Biden yeah...
There are two themes going here, one is about Biden and the other is your continual assertion that presidents, congress, fed chair whatever can do nothing just because they do not "set" certain things. I argue and most economists and small business owners etc will argue that paying people to stay home is a massive factor in limiting labor supply which you stated is a driver of inflation. But, as you did when I gave the Carter example, you waffle over now to arguing which president did more of it versus whether it has an impact if done by a president. If you start paying people again to stay home for the next several months, I can guaranty - just as in the past- that that will have an impact on labor supply. Regardless of party of whether one iniated it when needed and the other failed to shut it off when it went on to long or whatever. And that is just one example of how a president can and did impact inflation. Many things were done during the covid emergency that were kept long after needed and massive, massive attempts to make them permanent or overextend them were attempted or done. Again, tomorrow of soon, you will do this same routine on crime, immigration etc. Because the president is not the only factor, therefore to the binary mind he has no influence or connection to them. FAIL. AND FAIL AGAIN. AND FAIL FOR THE OTHER TEN ISSUES WHERE YOU WANT TO UNLOAD THAT LOGIC OR LACK THEREOF.
yeah you didnt state anythin factual in your post so lets just leave it at that...in your binary mind the person who kept it is to blame (biden) and not the person who started it (trump). that proves you only see this political so it has to be Biden man bad.. I dont have any routine about crime or immigration so stop the bullshit got it...your brain can only see which party caused it so you can rail against them.
President Biden insisted Thursday that passage of his nearly $2 trillion spending plan would ease the pain of four-decade-high inflation figures — despite a key Democrat repeatedly insisting the measure has no hope of passing. “Inflation is up. It’s up,” the president acknowledged during an event in Culpeper, Va. “And coming from a family when if the price of gas went up, you felt it … it matters. “But the fact is,” Biden added, “that if we were able to do the things I’m talking about here, it will bring down the cost for average families.” His team is out of touch with reality...