• NeuromancerOPM
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    -109 months ago

    His policies. He handed out a lot of money which drove up inflation.

    https://www.heritage.org/markets-and-finance/commentary/heres-the-truth-about-what-inflation-reduction-act-would-do

    https://thehill.com/opinion/finance/3697972-how-responsible-is-biden-for-high-inflation/

    The main area where Biden has faced criticism relates to outsized government spending. The $2 trillion American Rescue Plan, in particular, has come under scrutiny by economists for contributing to the surge in inflation.

    • @Fal
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      69 months ago

      So the inflation reduction act is responsible for the inflation that started before the act was even written? You’re kidding right? (Your first link)

      Your own article cites

      The effects [of the inflation reduction act] will not be evident for a long time and inflation currently stands at a four-decade high.

      He handed out a lot of money which drove up inflation.

      The american rescue plan is 1.9T over 10 years is the cause of inflation? Which part of the american rescue plan do you disagree with exactly? And why is that the cause of inflation, and not the trillions of dollars handed out under trump

      • NeuromancerOPM
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        -109 months ago

        Did you ignore the second article or only focus on the one? I even cited the relevant section for you.

        The point is that there are multiple things the idiot has done to create inflation.

        • @Fal
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          29 months ago

          I addressed both articles. What would trump have done differently? Which parts of the american rescue plan shouldn’t have been done, and how much did that contribute to inflation?

          • NeuromancerOPM
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            -109 months ago

            Trump wouldn’t have done what Biden did.

            None of it should have been done. There was no need for any of it. Biden just wanted to spend money. COVID cost the country a lot of money. We locked down way too early and destroyed the economy. You don’t solve the problem my borrowing more money for needless things.

            • @Fal
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              59 months ago

              Lol. None of it. So there was 0 benefit, and it was the cause of inflation. Why then was inflation global?

              • NeuromancerOPM
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                -119 months ago

                Zero benefit in my opinion.

                Why was their inflation in the rest of the world? Biden I am sure.

                • @Fal
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                  89 months ago

                  Oh, I see. You’re just trolling. Which I mean is obvious since that’s the nature of conservatives. I mean it’s either a grift or a troll simply by definition

                  • NeuromancerOPM
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                    -119 months ago

                    Not trolling at all but you seem to be asking random questions without acknowledging Biden is the reason we have such high inflation.