Dislikes: 0
Originally Posted by slimslob
... this cartoon does not reflect the reality of the US economic boom created by President Biden nor the damaging effects that the COVID pandemic has had on world wide logistic channels causing inflation to rise.
In other words, blame it all on Biden but skip the facts.
... sad that you post this disinformation.
Biden has failed on Covid. (rising numbers)
Record inflation.
Crime up nationwide.
China and Russia are hacking our biggest companies and government.
Pace yourself its only Monday and the Sky is Falling
Fact Check:
Fact Check: Biden Claims ‘No Serious Economist’ Is Worried About Inflation
Claim: “There’s nobody suggesting there’s unchecked inflation is on the way. No serious economist,” President Joe Biden said on Monday.
Verdict: False.
Larry Summers is worried about inflation. He has been the Treasury Secretary under Bill Clinton, director of the National Economic Council under Barack Obama, chief economist of the World Bank, and president of Harvard University. He is one of the most prominent economists in the United States today.
Summers has been warning that the Biden administration’s policies risked inflation and overheating several months ago, a topic he returned to on Twitter last week.
In an interview on CNN, Summers expanded on his worries. The Biden administration’s American Rescue Bill, he said, made the mistake of pumping up demand too much without taking steps to increase supply. That had resulted in inflation.
Summers also criticized the Fed’s position on inflation. Like Biden, Fed chair Jerome Powell has insisted that inflation will be transitory.
“I think the Fed has been wrong for the last six months in its optimism that inflation will be transient,” Summers said.
Summers is not alone. Several other prominent economists are worried that inflation will last longer than the Fed and the Biden administration anticipate.
Ironically, Summers reportedly met with White House officials to discuss his concerns last week.
Whining about inflation Again
Yep nobody cares
What has Biden excelled at besides his ability to make blunder after blunder?
Name one thing he has done except EO's ?
And he shouldn't have touched them!!
Sent from my SM-G960U using Tapatalk
If people don't care about inflation, they're fucking idiots.Whining about inflation Again
Yep nobody cares
Guess you fit in that crowd.
Sent from my SM-G960U using Tapatalk
Thanks: 
Likes: 
Reply With Quote
Bookmarks