Funny, the inflation reduction act does not bring down inflation but, lights it up and makes it burn even stronger. On what planet do the Democrats live that they believe that raising corporate taxes is good policy? US companies are not going to absorb the increased taxes but, going to raise prices of most goods and services to cover the increased taxes. On top of that, the sales taxes on everything is based on the price of goods so, sales taxes will be going even much higher. Congratulations Joe Biden voters, this one is on you. No whining and crying now. The icing on the cake coming as that same bill hires 87,000 IRS agents to audit your tax returns. You know they are going to find something on your tax returns because the IRS agents salaries come out of US tax coffers. They have to get paid and your increased taxes will pay for it all!
You're forgetting "complete shit show" Argentina... Here in Brazil we're doing surprisingly well, given the usual socialist crap we always have to deal with...
LOL On request, Argentina - bastion of financial stewardship with only 20 or so defaults in the last 50 years, is rioting again.
Hehe, that's John Q. Public for ya, or in this case maybe it's Juan Q. Publico. "We want wages to rise and inflation to fall!"
Here in Brazil, we have a kind of a saying: "Quando a gente acha que está na merda, a gente pode sempre olhar para a Argentina e ver que a coisa pode piorar muito". "When we think we're fucked, we can always look at Argentina and see that things could be much worse".
But the total shitshow may push people to elect someone who really believes in good ideas, instead of oscillating between the usual morons that people tend to elect... This guy seems to be the real deal... https://www.washingtonpost.com/world/2022/04/18/javier-milei-argentina/