The Biden Administration and All Things Politics

[fishonjazz]

Zero because ESG investing doesn't increase or decrease the money supply, which is what causes inflation. Viruses and Putin invading neighbors also doesn't cause inflation. Democrats passing massive spending bills are what causes inflation.

Does it also cause inflation when republicans pass massive spending bills or just when democrats do it?


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[One Brow]

Im in a meeting right now but yes i do. Will post later. May i also turn the question around and ask if you have evidence that it hasn’t?

I would also like to read about this.

 

[Al-O-Meter]

Does it also cause inflation when republicans pass massive spending bills or just when democrats do it?

If the Republicans pass a massive spending bill then it would cause inflation and the Republicans should take the blame. If a bipartisan effort passes a massive spending bill then the blame is bipartisan. When the Democrats pass one on a party line vote with no Republican support then the fault belongs to the Democrats. If Joe Biden issues an executive order to pay off a whole bunch of student loan debt then the Democrats will own that one too. Everyone should be thanking Manchin and Sinema for inflation being only 9.1% right now. As bad as things are, the Democrats tried really hard to make it even worse.

 

[Deleted member 365]

Does it also cause inflation when republicans pass massive spending bills or just when democrats do it?


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LOL. Good pt.

What about countries that are suffering from inflation but aren’t governed by Republicans or Democrats? Is it still Biden’s fault?

I might’ve missed it, but what’s the Republican plan for inflation? I know Hunter’s laptop, history books, and forcing 10 year old rape victims to give birth are priorities, but I haven’t heard them propose anything that’ll address inflation.

 

[One Brow]

If the Republicans pass a massive spending bill then it would cause inflation and the Republicans should take the blame.

How about when they cut taxes without cutting an equal amount of spending?

 

[Deleted member 365]

I’m genuinely curious what proposals people have that would address inflation. Has anyone read anything that’s worthwhile?

 

[Carbon13]

I’m genuinely curious what proposals people have that would address inflation. Has anyone read anything that’s worthwhile?

Recession is only viable option

 

[Deleted member 365]

View: https://twitter.com/olex_scherba/status/1549724510945005569?s=21&t=8ebfHLZMyFusHhAVqLY1zA


“bUt InFlAtIOn AnD gAs!”

 

[Carbon13]

Ukraine exacerbated what was already in motion. But yeah thats horrific and heartbreaking.

The only obvious fix to solve inflation besides crushing demand through interest rates and ending QE is allowing more immigration to ease tight labor.

 

[fishonjazz]

If the Republicans pass a massive spending bill then it would cause inflation and the Republicans should take the blame. If a bipartisan effort passes a massive spending bill then the blame is bipartisan. When the Democrats pass one on a party line vote with no Republican support then the fault belongs to the Democrats. If Joe Biden issues an executive order to pay off a whole bunch of student loan debt then the Democrats will own that one too. Everyone should be thanking Manchin and Sinema for inflation being only 9.1% right now. As bad as things are, the Democrats tried really hard to make it even worse.

Why not just say “passing massive spending bills is what causes inflation”
Oh ya, we all know why.


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[Al-O-Meter]

View: https://twitter.com/olex_scherba/status/1549724510945005569?s=21&t=8ebfHLZMyFusHhAVqLY1zA


“bUt InFlAtIOn AnD gAs!”

"...it depends on what [Russia] does. It’s one thing if it’s a minor incursion, and then we end up having a fight about what to do and not do, et cetera."
-Joe Biden, January 19, 2022

In the best case, Biden projected weakness Putin thought he could take advantage of. In the worst case, Biden greenlit Putin's invasion.

 

[Bucknutz]

Ukraine exacerbated what was already in motion. But yeah thats horrific and heartbreaking.

The only obvious fix to solve inflation besides crushing demand through interest rates and ending QE is allowing more immigration to ease tight labor.

I’m not disagreeing with you but I do have concerns about immigration and who we are taking in. Texas and Arizona have been busing immigrants to NYC and DC where their Mayors are finding it to be a bit overwhelming.


View: https://twitter.com/tom_winter/status/1549404299888922630?s=21&t=9hzFyinu6Hhw97wPpGtZWQ



View: https://twitter.com/nbcwashington/status/1549385333506281479?s=21&t=9hzFyinu6Hhw97wPpGtZWQ


Many jobs that are needing to be filled have requirements that new immigrants will not be available to fill. Entry level jobs have been starting to be filled with automation.

The Robots Are Coming, Eventually. Will Automation Displace Half The World’s Workforce?

Roughly half of tech experts believe that artificial intelligence will displace half of the world's workforce within the next five

allwork.space

“According to The Brookings Institution, worker displacement will likely occur in the highest concentrations among low-wage, entry-level jobs. It is here where worry about widespread job displacement is warranted, as there is no guarantee that anyone will help these workers acquire the needed skills to find new jobs.”

The government has some major issues to figure out in finding a balance in skilled/unskilled immigrants, Social Welfare(UBI in the future), housing (corporate purchasing) and education (cost effective).