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The 6 trillion in government spending, subsidizing labor non-participation with federal money, and canceling federal leases and pipelines and saking banks not t
by google234123 5y ago
The 6 trillion in government spending, subsidizing labor non-participation with federal money, and canceling federal leases and pipelines and saking banks not to lend for fracking didnt help any of that.
I'm not sure how I see how spending a ton more money (UBI) will help with inflation at this point. 100% debt-to-gdb is already a lot.
- astrange 5y agoYou might recall 2008, where we tried not spending money and what we got was a 10-year-long recession. Currently private investors are refusing to invest in oil even without environmental factors in the picture - they think it's a temporary spike and are insisting the oil companies pay them back dividends instead. https://twitter.com/PEWilliams_/status/1506654993633456137 https://twitter.com/PEWilliams_/status/1506654993633456137