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> Cutting stimulus or raising interest rates won't make this go away I am going to disagree. The last round of stimulus by Biden the $1.9 trillion was complete
by nodesocket 5y ago
> Cutting stimulus or raising interest rates won't make this go away
I am going to disagree. The last round of stimulus by Biden the $1.9 trillion was completely unneeded and not smart. It really tipped the inflation scales. It was a political gesture as Biden wanted to appeal to his base early, but economically and financially a very poor decision and what may end up going down as the smoking gun.
- doomslice 5y agoUnneeded except by the people that you know... needed it.
- nodesocket 5y agoA purely emotional justification is not correct without looking at the data, economics, and financial health. You are the exact type of person it was intended to appease.
- doomslice 5y agoPoint taken. Your statement is equally factually unsupported and I have apparently taken the bait.
- Beaver117 5y agoBut only a small amount of that $1.9T goes to people who need it.