U.S. policymakers misjudged inflation threat until it was too late

[Stone]

You have behaved dishonorably, even as you wrap yourself in honor.

Fuck Off.

No problem.....

 

[Geeko Sportivo]

Prices for just about everything Americans buy — gas, groceries, housing, cars, clothes, even TVs — have spiked in the past two years. Inflation, which had been scarcely noticeable for decades, is suddenly the top concern most people have about the economy.

And it all seemed to catch Washington by surprise.


https://www.msn.com/en-us/money/mar...il-it-was-too-late/ar-AAXTk1Z?ocid=uxbndlbing


Thanks Biden a total fuck up

And Biden did exactly what to cause it?

The Truth is Trump downplayed the virus threat so much, the virus only got worse, that the governors of every state had to shut their own economies down.

Now that we are coming back after shutdown- America has suffered worse than any other country- BECAUSE TRUMP DIDN'T DO ENOUGH TO PREVENT THE VIRUS FROM SPREADING AND AFFECTING SO MUCH OF THE ECONOMY!

TRUMP'S Lack of actions IS to blame for that!

 

[Grokmaster]

Prices for just about everything Americans buy — gas, groceries, housing, cars, clothes, even TVs — have spiked in the past two years. Inflation, which had been scarcely noticeable for decades, is suddenly the top concern most people have about the economy.

And it all seemed to catch Washington by surprise.


https://www.msn.com/en-us/money/mar...il-it-was-too-late/ar-AAXTk1Z?ocid=uxbndlbing


Thanks Biden a total fuck up

They're leftover Obama-Adm. marxist Dim-O-Crats...who couldn't run a lemonade stand...what else could we have expected?

 

[dukkha]

there was no "misjudging" there was a 'devil may care -we do what the fuck we wanna do' mentality
we want to flood out money -so we do.. suck on inflation peasants

 

[gemini104104]

Prices for just about everything Americans buy — gas, groceries, housing, cars, clothes, even TVs — have spiked in the past two years. Inflation, which had been scarcely noticeable for decades, is suddenly the top concern most people have about the economy.

And it all seemed to catch Washington by surprise.


https://www.msn.com/en-us/money/mar...il-it-was-too-late/ar-AAXTk1Z?ocid=uxbndlbing


Thanks Biden a total fuck up

Such a troll and an intellectually deficient idiot you demonstrate yourself all the time, and at being a worthless turd on humanity. Now consider some facts versus you trolling bullshit:

The Trump administration was ruining the pre-COVID-19 economy too, just more slowly

Key takeaways:
Long before the COVID-19 pandemic the Trump administration was squandering the pockets of strength in the American economy it had inherited.
Broad-based prosperity requires strength on the supply, demand, and distributive sides of the economy, and Trump administration policies were either weak or outright damaging on these fronts.
Demand: Most of the Trump tax cuts went to already-rich corporations and households, who tend to save rather than spend most of any extra dollar they’re given.
Supply: Business investment plummeted under the Trump administration, despite their lavishing tax cuts on corporate business.
Distribution: The Trump administration undercut labor standards and rules that can buttress workers’ bargaining power."

https://www.epi.org/blog/the-trump-...pre-covid-19-19-economy-too-just-more-slowly/