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re: Democrats control the House, Senate and White House...
Posted on 10/26/21 at 7:32 pm to msudawg1200
Posted on 10/26/21 at 7:32 pm to msudawg1200
Politifact markes 'Joe Biden causing inflation' as mostly false
This is basic economics.
2/3 of government spending was in 2020.
You're not going to see inflation from any spending Biden's done 3 months after a bill is passed. If spending was the cause of inflation, it would be from spending passed more than a year ago.
Klenow is a professor of Economics at Stanford University.
This is basic economics.
2/3 of government spending was in 2020.
You're not going to see inflation from any spending Biden's done 3 months after a bill is passed. If spending was the cause of inflation, it would be from spending passed more than a year ago.
quote:
"Estimates of the effects of government spending in earlier years typically find a lag of a year or two between the spending and any noticeable effect on inflation," Klenow said.
Klenow is a professor of Economics at Stanford University.
This post was edited on 10/26/21 at 7:33 pm
6
Posted on 10/26/21 at 7:36 pm to AmericanPsycho99
quote:
This is basic economics.
I'm not going to get very deep on this.
You know as well as I do, if Trump was still om office the supply chain would be running great and gas at the pump would be low.
Posted on 10/26/21 at 7:48 pm to AmericanPsycho99
quote:
Klenow is a professor of Economics at Stanford University.
Of course they’re not going to blame their own. You people are mental midgets.
Posted on 10/26/21 at 7:48 pm to AmericanPsycho99
quote:
Politifact
You're an idiot, kid. You don't have the first clue what you're talking about and are clearly incapable of thinking for yourself.
This post was edited on 10/26/21 at 7:49 pm
Posted on 10/26/21 at 7:51 pm to AmericanPsycho99
quote:
Estimates of the effects of government spending in earlier years typically find a lag of a year or two between the spending and any noticeable effect on inflation," Klenow said.
Yet Biden and the Democrats are insisting on doubling down.
And energy prices and prices in general aren't being helped by their hostility to the industry and their central planning
Posted on 10/26/21 at 8:11 pm to AmericanPsycho99
quote:
This is basic economics.
2/3 of government spending was in 2020.
You're not going to see inflation from any spending Biden's done 3 months after a bill is passed. If spending was the cause of inflation, it would be from spending passed more than a year ago.
quote:
"Estimates of the effects of government spending in earlier years typically find a lag of a year or two between the spending and any noticeable effect on inflation," Klenow said.
Klenow is a professor of Economics at Stanford University.
First, "Biden" is a puppet of the radical Left, so when it's said, "Biden did this" - consider it the same as "the radical Left did this."
Second, why are you pretending that gov't spending is the only way a gov't can influence the rate of inflation? There are myriad ways Biden/the Left has brought our current economic situation forward.
Posted on 10/26/21 at 9:19 pm to AmericanPsycho99
quote:
Klenow is a professor of Economics at Stanford University.
Paul Krugman won a Nobel Prize for economics. He’s legit retarded.
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