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Generally speaking, people thought that government spending led to massive inflation, and the republicans have stronger rhetoric around cutting government spend
by jonfw 7mo ago
Generally speaking, people thought that government spending led to massive inflation, and the republicans have stronger rhetoric around cutting government spending.
- otterley 7mo ago> republicans have stronger rhetoric around cutting government spending All they have is rhetoric, because their record with respect to actually doing it is not strong. Government deficits increased under every Republican administration in recent memory. They talk the talk, but never walk the walk.
- jmye 7mo agoDems have repeatedly ceded that ground and our joke of a "free press" refuses to challenge the notion. So whether it's true or not is ultimately irrelevant. Everyone (including and especially Republican voters) just let's them say it.
- jonfw 7mo agoI totally agree that republicans are irresponsible with the deficit. But americans don't seem motivated by the deficit, they seem motivated by inflation. Inflation and the deficit don't have a 1:1 relationship. For the same dollar of debt, you'll see more inflation from social service spending than you will from tax cuts.
- threatofrain 7mo agoRepublicans are responsible for making their constituents happy in some way at least, directly or indirectly. Voters can say they want cutting, Republicans can cut, but when does that translate to better life? There has to also be spending.
- alanwreath 7mo agoSo true. You can apply this to limiting federal government. The GOP used to all be about states rights to self government. It’s so reversed that it feels like that’s never been the case.
- krapp 7mo agoThe GOP was never actually about that. They were only ever about states rights to govern themselves according to conservative Christian principles. They have always opposed states' rights to support social welfare, abortion, gun control, environmental programs, immigration, etc.
- tsunamifury 7mo agoAnd in reality shifted labor markets and supply chain was the issue and the FED in 22 raised interest rates to 'regress labor back to their natural position'. Never forget: the FED did this more than any republican or democrat and their new stated position is to ensure not the enablement of the population but keeping the labor pool 'in their place.' This, beyond everything else, changed america the most in recent history.
- triceratops 7mo agoI don't know that higher interest rates are necessarily anti-labor. Low interest rates result in rapid asset inflation and labor usually owns fewer assets.
- tsunamifury 7mo agoNo but the direct statements from the FED itself that it was trying to hurt labor and reduce average household spending was very clear
- triceratops 7mo agoFed, not "FED". It isn't an acronym. The point I was making was labor has something to lose in any interest rate environment.
- tsunamifury 7mo ago[flagged]
- triceratops 7mo agoI think it's relevant. If you don't even know "FED" isn't an acronym the rest of your "points" about interest rates are a bit suspect.
- 7mo ago
- readitalready 7mo agoThat had nothing to do with it. Her support for Israel caused her to lose, if you actually look at polls that analyze her election loss.