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Populism blinds the public from understanding the true root cause of our problems and therefore destines our solutions to fail. In this case, the populism is B
by imapeopleperson 5y ago
Populism blinds the public from understanding the true root cause of our problems and therefore destines our solutions to fail.
In this case, the populism is Biden’s admin labeling inflation as the ‘Putin Price Hike’. This completely ignores the possibility that the American Rescue Plan Act of 2021, $2 Trillion in stimulus that’s largely already spent, could’ve contributed to inflation also. This leaves us vulnerable to repeat our mistakes when making future policy decisions - like whether to waive all student debt.
- jjtheblunt 5y agoI wonder if anyone hears Psaki or others say "Putin Price Hike" without thinking "a bunch of lying politicians" since Putin's craziness came long after the printing of money.
- encryptluks2 5y agoAll they care about is radicalizing their voter base.
- LightG 5y agoObviously it's both, and then some ...
- LightG 5y agoThe problem is an electorate often only willing/able to absorb three-word-slogans.
- jadbox 5y agoFrom what I've read, stimulus in infrastructure building is rarely correlated with inflation, provided the new infrastructure is useful to continued growth/expansion.