Build Back Better Will Not Cause Inflation

Take your whine to Moody's and Fitch retard
No retard, you can take your lies and shove them. Too bad for you that real economists (even leftist Larry Summers) have said this will cause more inflation. Continue living in denial lush.
 
Enjoy and spin as you see fit. I even used a liberal news site to avoid any "confusion."

White House deputy press secretary Andrew Bates: "The CBO does not have experience analyzing revenue amounts gained from tracking down wealthy tax cheats who are taking advantage of every honest taxpayer," Bates said.

Biden White House claims CBO doesn't have 'experience' to weigh in on Build Back Better agenda

That has nothing to do with the subject of this thread

That concerns their ability to estimate revenue gained from increased IRS audits
 
And you got your Economics Degree from Trump University?


You uneducated Moon Bats don't know jackshit about Economics.

Do you even know what inflation is?

It is too many dollars chasing too few goods and services.

Potatohead borrowing trillions of dollars from our children to infuse in an already inflationary economy will cause more inflation. Duh!

Then you toss in the fact that the money is nothing more than the filthy Democrats raiding the treasury for their disastrous Progressive policy is even more stupid.

Pull your head out of your Libtard ass. You are embarrassing yourself.
 
"The bills do not add to inflation pressures, as the policies help to lift long-term economic growth via stronger productivity and labor force growth, and thus take the edge off of inflation," said Mark Zandi, chief economist at Moody's Analytics, which operates independently from the parent company's ratings business.
 
The two pieces of legislation "should not have any real material impact on inflation", William Foster, vice president and senior credit officer (Sovereign Risk) at Moody's Investors Service, told Reuters.

The impact of the spending packages on the fiscal deficit will be rather small because they will be spread over a relatively long time horizon, Foster added.

https://eb2.3lift.com/pass?tl_click...20&bcud=8217&sid=66552&ts=1637183767&cb=96652
 
Not according to these ratings agencies. Mostly because it's spread over years. Read the link. You obviously did not
I did read it and you obviously didn't take macro econ in college.
Or know the history about the rating agencies selling out to the highest buyer.
 
Again our Trump University Grad thinks he knows more than Moody's and Fitch


You don't know shit about inflation and the goddamn Democrats are going to make it even worse than they already have in order to fund their disastrous Progressive policies and idiots like you don't give a shit.

In addition to making inflation worse they are going to put our children in debt and there will be nothing to show for it. Just like The Worthless Negro's $10 trillion in debt.
 
That has nothing to do with the subject of this thread

That concerns their ability to estimate revenue gained from increased IRS audits

"The CBO is a nonpartisan body that impartially studies the economic impact of legislation proposed to Congress and assigns bills a score."

They aren't merely looking into whether or not IRS audits will be a net gain, they are looking at the bill in its entirety. Bates chose to nit-pick this one point to try to fool people who aren't paying attention. Looks like it worked on you.
 
If Build Back Better is not causing the inflation, then what policy of the current administration is causing it?
 
You don't know shit about inflation and the goddamn Democrats are going to make it even worse than they already have in order to fund their disastrous Progressive policies and idiots like you don't give a shit.

In addition to making inflation worse they are going to put our children in debt and there will be nothing to show for it. Just like The Worthless Negro's $10 trillion in debt.
Hey genius...are you aware that we don't pay down the national debt? That all we ever pay is the interest (called the debt service)? Do you know how much that even is?
 
"The CBO is a nonpartisan body that impartially studies the economic impact of legislation proposed to Congress and assigns bills a score."

They aren't merely looking into whether or not IRS audits will be a net gain, they are looking at the bill in its entirety. Bates chose to nit-pick this one point to try to fool people who aren't paying attention. Looks like it worked on you.
But that QUOTE is talking about THAT particular aspect.

Keep up
 
Makes you wonder what in it for the commies to lie like that. Someone is engaging in fuzzy math.

.
Its all about completely restructuring society with the Homes ACT.

For the global elites, the point is, getting everyone out of small towns and destroying the suburbs. They plan to do this by the HOMES ACT.

This is the core of the globalization agenda, how they plan to make it so folks will no longer own cars, and will rent smart automated cars, create smart cities, etc. THIS, is the kernal behind the whole technocracy.

I suspect it is why the institutional investors have been buying up realestate, because they have known what is coming. It also would not surprise me if they bribe enough politicos, regardless of party, to get this passed.

Biden’s Infrastructure Package Will Federalize Local Zoning Laws, Displace Single-Family Homes In Suburbs​




 

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