Dec 22, 2021
JAKEMCCNASTYLuv how with that Charlemagne interview Kamala kept saying that the real threat was republicans,
But dems control house and senate and they can’t even get their ”team” on the same page
This is exactly why I don’t consider myself a Democrat anymore. Bunch of pussies. At least Republicans get their people in line
- Dec 22, 2021
La Flama BlancaInflation is at the highest rate in like 50 years and yall want the government to print another 2 trillion
Also agree with this tbh
The constant infighting with Dems is pathetic but I can really see both sides with this issue
- Dec 22, 2021
Synopsisit is his fault when he does nothing to get his party in line
i agree that biden is a s*** campaigner, a s*** leader, and a dogshit negotiator
still nothing he could do on a technical level
and even threats to manchin probably wont mean s*** at this point dude’s literally being hit up by GOP congress members asking him to register as a Republican
so much for a simple majority lol
Dec 22, 2021·edited·1 replyLa Flama BlancaInflation is at the highest rate in like 50 years and yall want the government to print another 2 trillion
I like how you think your so smart about this but literal economists point to BBB helping inflation.
Deficit and inflation fearmongers are the literal definition of rocks for brains.
- Dec 22, 2021
barko milicicThey’re gonna get eviscerated in 2022 because they don’t understand how to incorporate leftist policies with moderate framing. Everything they do has to be framed as some radical shift for the social and economic landscape of the US. Most people are not looking for that right now.
like how f***ing hard would it be to frame progressive bills as moderate????
these ppl r lacking so much self awareness
- Dec 22, 2021
CurlyZGonna end up being one of most pathetic moments in Biden’s whole presidency and an all-time embarrassing moment for Democrats.
Democrats couldn’t even come together to pass an overwhelmingly popular piece of legislation and Biden got overpowered by one guy from West Virginia who just dunked on what was supposed one of the biggest highlights of his time in office. Sheeeeesh.
His time in office is to make himself money from energy companies. He's doing exactly what he and his donors want him to. He was never trying to help any one other than himself.
- Dec 22, 2021·1 replyk dog 99
I like how you think your so smart about this but literal economists point to BBB helping inflation.
Deficit and inflation fearmongers are the literal definition of rocks for brains.
Yeah they also said stimulus checks would be good for the economy
They were for a year or so but now we have $800k houses, $30k used toyotas, $17 sandwiches, and $5 gas
- Dec 22, 2021·2 repliesLa Flama Blanca
Yeah they also said stimulus checks would be good for the economy
They were for a year or so but now we have $800k houses, $30k used toyotas, $17 sandwiches, and $5 gas
The stimulus checks WERE good the economy
Blaming stimulus checks for a literal pandemic is about as moronic as it comes. Go take basic econ and tell us what happens when demand increases and supply doesn't.
yahoo.com/now/effects-stimulus-checks-economy-214858249.html
- Dec 22, 2021·2 repliesk dog 99
The stimulus checks WERE good the economy
Blaming stimulus checks for a literal pandemic is about as moronic as it comes. Go take basic econ and tell us what happens when demand increases and supply doesn't.
https://www.yahoo.com/now/effects-stimulus-checks-economy-214858249.html
idgi u literally just described how stimmies were bad for the economy in the long run
- Dec 22, 2021·1 replyKOLLAPS
idgi u literally just described how stimmies were bad for the economy in the long run
The pandemic was bad for the economy. Nothing I said there described how stimmies were bad for the economy.
The unprecedented demand for some things and the unprecedented supply shortage for those things, leads to oh wait, higher prices. Caused by a pandemic, among other things. The stimuluses are not the problem.
- Dec 22, 2021k dog 99
The stimulus checks WERE good the economy
Blaming stimulus checks for a literal pandemic is about as moronic as it comes. Go take basic econ and tell us what happens when demand increases and supply doesn't.
https://www.yahoo.com/now/effects-stimulus-checks-economy-214858249.html
They were good for the economy if avoiding a long term recession was the goal, but everyone said they would come with consequences
The benefits outweigh the consequences and i would rather be dealing with inflation than a recession. Most agree with this, which is why both parties supported stimmies for the most part. But to say they were “good” for the economy isn’t true, they were just our best option at the time
The market is already beginning to correct itself and more government spending isnt the answer right now
Also the “take an econ course” thing is funny considering i have 2 business degrees
- Dec 22, 2021KOLLAPS
idgi u literally just described how stimmies were bad for the economy in the long run
- Dec 22, 2021·1 replyk dog 99
The pandemic was bad for the economy. Nothing I said there described how stimmies were bad for the economy.
The unprecedented demand for some things and the unprecedented supply shortage for those things, leads to oh wait, higher prices. Caused by a pandemic, among other things. The stimuluses are not the problem.
the stimulus checks added onto the inflation were currently seeing
you literally said it what happens when you have more demand than supply? and a society that can afford that supply?
Dec 22, 2021·1 replyKOLLAPSthe stimulus checks added onto the inflation were currently seeing
you literally said it what happens when you have more demand than supply? and a society that can afford that supply?
Imagine blaming stimulus checks on inflation
As if thats the root of the issue lol
- Dec 22, 2021·2 repliesKAYTRANADA
Imagine blaming stimulus checks on inflation
As if thats the root of the issue lol
No one said that its the root of this issue, just that it made it worse
Also literally no one is arguing against stimulus checks. It was the best option at the time, but injecting trillions into circulation doesnt come without consequences
- Dec 22, 2021·1 replyLa Flama Blanca
No one said that its the root of this issue, just that it made it worse
Also literally no one is arguing against stimulus checks. It was the best option at the time, but injecting trillions into circulation doesnt come without consequences
Why even bring up stimulus checks in the same sentence as inflation if its not the root cause? Thats such a Fox news thing to do
Like literally this is the framing that right wingers use to dissuade ppl from supporting social safety nets instead of increasing the corporate tax rate and capital gains tax
- Dec 22, 2021·2 repliesKAYTRANADA
Why even bring up stimulus checks in the same sentence as inflation if its not the root cause? Thats such a Fox news thing to do
Like literally this is the framing that right wingers use to dissuade ppl from supporting social safety nets instead of increasing the corporate tax rate and capital gains tax
Jesus christ man just get out of this left and right mindset for a minute. Stimulus checks accelerated inflation, period. Are they the root cause of inflation? No. Are they directly correlated to the massive 7% jump weve seen since last year, the highest rate in decades? Yes. Injecting a ton of money into the market increases the prices of goods and services, property, etc. its just a fact that has nothing to do with fox news lol
Were they a necessary evil to stop people from f***ing starving? Of course. But acting like covid relief didnt accelerate inflation is a smooth brain take
Dec 22, 2021·edited·1 replyLa Flama BlancaJesus christ man just get out of this left and right mindset for a minute. Stimulus checks accelerated inflation, period. Are they the root cause of inflation? No. Are they directly correlated to the massive 7% jump weve seen since last year, the highest rate in decades? Yes. Injecting a ton of money into the market increases the prices of goods and services, property, etc. its just a fact that has nothing to do with fox news lol
Were they a necessary evil to stop people from f***ing starving? Of course. But acting like covid relief didnt accelerate inflation is a smooth brain take
stimulus check payouts ultimately totalled $604 Bn
meanwhile, the federal government spent over 6 times that amount (in 2020 alone) on corporate bailouts, with another 2 trillion in 2021
and even then, the reason prices are so high is because of companies making the choice to raise prices because they want to recooperate loss from last year. inflation is entirely determined by prices set by private market firms
the effect of stimulus checks on inflation is, in reality, minimal compared to the sheer amount of money injected to these f*** fatass multibillion dollar firms but the media won't tell you that because they're one of those firms
- Dec 22, 2021La Flama Blanca
Jesus christ man just get out of this left and right mindset for a minute. Stimulus checks accelerated inflation, period. Are they the root cause of inflation? No. Are they directly correlated to the massive 7% jump weve seen since last year, the highest rate in decades? Yes. Injecting a ton of money into the market increases the prices of goods and services, property, etc. its just a fact that has nothing to do with fox news lol
Were they a necessary evil to stop people from f***ing starving? Of course. But acting like covid relief didnt accelerate inflation is a smooth brain take
^^^ what he said
Dec 22, 2021·1 replyLa Flama BlancaNo one said that its the root of this issue, just that it made it worse
Also literally no one is arguing against stimulus checks. It was the best option at the time, but injecting trillions into circulation doesnt come without consequences
Bro they had like a 2 trillion dollar bill just for corporate stimuluses so I hope you mean that part, not the little checks to the common people
- Dec 22, 2021·1 replyamericana
stimulus check payouts ultimately totalled $604 Bn
meanwhile, the federal government spent over 6 times that amount (in 2020 alone) on corporate bailouts, with another 2 trillion in 2021
and even then, the reason prices are so high is because of companies making the choice to raise prices because they want to recooperate loss from last year. inflation is entirely determined by prices set by private market firms
the effect of stimulus checks on inflation is, in reality, minimal compared to the sheer amount of money injected to these f*** fatass multibillion dollar firms but the media won't tell you that because they're one of those firms
I agree w the first part 100%, government spending also refers to the massive amounts of bailouts they gave to multibillion dollar corporations, all while fighting over whether or not we deserve $2000
The second part is mostly incorrect though. Property, cars, the stock market, and other assets are all inflated due to increased money in circulation
- Dec 22, 2021·1 replyARCADE GOON
Bro they had like a 2 trillion dollar bill just for corporate stimuluses so I hope you mean that part, not the little checks to the common people
That was a massive part of the problem, you are correct
- Dec 22, 2021·1 replyLa Flama Blanca
I agree w the first part 100%, government spending also refers to the massive amounts of bailouts they gave to multibillion dollar corporations, all while fighting over whether or not we deserve $2000
The second part is mostly incorrect though. Property, cars, the stock market, and other assets are all inflated due to increased money in circulation
prices don't automatically go up because there's more money. they're set by people in reaction to perception about the market
in reality, there was probably less money in circulation during stimulus checks than there was in 2015/6. people weren't making money, wealth was only being further concentrated at the top, and $1400 was immediately spent on necessities like food, gas, and other inelastic needs by families.
but due to news about "free money" and "more stimulus" leading companies raised prices in reaction to the opportunity to make up for losses and the rest of the market followed
- Dec 22, 2021americana
prices don't automatically go up because there's more money. they're set by people in reaction to perception about the market
in reality, there was probably less money in circulation during stimulus checks than there was in 2015/6. people weren't making money, wealth was only being further concentrated at the top, and $1400 was immediately spent on necessities like food, gas, and other inelastic needs by families.
but due to news about "free money" and "more stimulus" leading companies raised prices in reaction to the opportunity to make up for losses and the rest of the market followed
Come on man, dont be naive. Some people needed the assistance more than others. While some were struggling to pay rent, others were dumping their $600 a week into stocks, crypto, bottles of casa azul, etc
Not to mention the crash of march 2020 resulted in one of the biggest bull rallies we’ve seen in decades due to the massive influx of new investors. There is 100% more money in circulation than there was 5 years ago
Dec 23, 2021·1 replyLa Flama BlancaThat was a massive part of the problem, you are correct
Ask yourself if the problem is spending, why do people focus on the stimulus checks instead of the trillions given to corporations which amount to like at least 4 times the budget for the stimulus checks