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CBO said it wouldn't.I'll nibble .. How did the Inflation Reduction Act "Fix supply lines to lower costs?" Which supply chains?
If you increase revenue, and increase spending .. how have you lowered debt?
The inflation reduction act was focused on climate change, tax enforcement, negotiation of Medicare prescriptions, etc .. ... How was inflation fixed with these provisions that don't tackle inflation?
Trump was handed a nice growing functional and stable economy by Obama.Republicans are always having to clean up the mess left by the democrats.
Conventional wisdom was the only way to tame inflation was through massive unemployment.CBO said it wouldn't.
The fed jacked rates, crushed the housing market, among other things, to intentionally slow the economy.
Biden didn't lower inflation through this act any more than people going back to work was "job creation"
Biden admin is, again, engaging in "Fun With Numbers - For Literal Dummies"
Sure it is. Because it is already over.Conventional wisdom was the only way to tame inflation was through massive unemployment.
This is what’s called a soft landing and is as good of a result as we could have possibly hoped for.
Most economists thought we’d have a recession already.Sure it is. Because it is already over.
Glad you think so. Most economists do not.
And most think we still will, but now I'm repeating myself.Most economists thought we’d have a recession already.
if you constantly predict a recession will occur next year, you’ll be right eventually but that’s not really the point.And most think we still will, but now I'm repeating myself.
Well, I wouldn't look to people that think the IRA actually reduced inflation either.if you constantly predict a recession will occur next year, you’ll be right eventually but that’s not really the point.
Don’t look to economists to predict recessions. They’re terrible at it.
seekingalpha.com
inflation goes up, its all Biden's faultInflation is going down in spite of Biden, not because of Biden.
The Fed is doing a good job so far, and people are working and spending, we'll see how it turns out by the end of 2023.
The Inflation reduction act is working !!
1. Spending too much causes inflation. Look at Biden's budget compared to Trumps.inflation goes up, its all Biden's fault
inflation plumets, it has nothing to do with Biden
Oil goes up because of Putin's war, but its all Biden's fault.
Oil plummets because of Biden's SPR releases and energy policy, but it has nothing to do with Biden.
Trump has no credible evidence of voter fraud at all and loses every single court case across America, but the election was stolen.
Trump is caught red handed with ultra top secret documents, but he did nothing wrong.
Trump incites a riot at the Capitol based on complete lies, but it was just fine and dandy.
Every aspect of a republican is a lie, and republicans are too weak to accept the truth. Republicans just make up lies so they don't have to deal with reality, because reality is too harsh to accept.
www.wsj.com
A day after CPI came in at only a 0.1% inc, which is extremely low, PPI puts up a banger !
PPI is negative !!!!! -0.3% !!!!
PPI is in deflation
prices are going down !!!
Go Joe!
The Inflation reduction act is working !!
The bulk of inflation was due to supply chain problems, Trump's best buddy Putin's war, and all of the mega massive debt and deficit and FED fake money printed under Trump.
Producer price inflation falls more than expected in May
May Producer Price Index: -0.3% vs. -0.1% consensus and +0.2% in April (unchanged).
it doesnt show at the supermarket , the gas station or on the utility bill .. its good news its slowing down but the cost of living has skyrocketed in the past 2 yrs .. everythings up at least 40% ..my bad according to your ppi now everythings up only 39.7% from 2 yrs ago .A day after CPI came in at only a 0.1% inc, which is extremely low, PPI puts up a banger !
PPI is negative !!!!! -0.3% !!!!
PPI is in deflation
prices are going down !!!
Go Joe!
The Inflation reduction act is working !!
The bulk of inflation was due to supply chain problems, Trump's best buddy Putin's war, and all of the mega massive debt and deficit and FED fake money printed under Trump.
Producer price inflation falls more than expected in May
May Producer Price Index: -0.3% vs. -0.1% consensus and +0.2% in April (unchanged).
it doesnt show at the supermarket , the gas station or on the utility bill .. its good news its slowing down but the cost of living has skyrocketed in the past 2 yrs .. everythings up at least 40% ..my bad according to your ppi now everythings up only 39.7% from 2 yrs ago .
