12 Apr 2022 11:23 pm
ConservativeWave » 12 Apr 2022, 9:26 am » wrote: ↑ NOTHING now... HE had a chance when he was elected... by NOT spending TRILLIONS of $$$ that we DID NOT HAVE, and DID NOT NEED..
THEN he could have pressured the Fed to start raising interest rates SOONER...
But NOW? BIDEN can do NOTHING EXCEPT pressure the Fed to raise interest rates quickly... which will CAUSE an economic RECESSION, INITIATE a BEAR Market, and WRING all the excesses OUT of the economy... it will take a couple years, and LOTS of people will lose LOTS of money... and Democrats will have to govern THRU IT... ACCEPT Responsibility FOR IT, and DEAL with the CONSEQUENCES OF IT !!
This can’t be right. Biden spending is but a fraction of Bush spending.. or Obama stimulus spending. Yet those did not drive inflation thru the roof. As for the Fed, they instruct the president, not the other way around..
I don’t think anyone has shown how Biden is to blame for inflation. I feel like he is to blame, but it would be nice to have sound logic to support my feelings. Can anyone help me with some bias confirmation that is really compelling?