Oldestyle
Diamond Member
With all due respect, Dragonlady? Your ignorance of basic economics is shocking! Inflation isn't caused by "price gouging"...it's caused by too much money chasing too few goods! When you pump trillions of government money into an economy that you've burdened with supply chain issues that kill supply...then you are going to get massive demand with scant supply...and THAT is the classic recipe for inflation!American corporations are booking record profits for the first quarter of this year. Second quarter numbers are coming out and they're even higher than the first quarter, and yet not once do you Republicans ever blame inflation on the PRICE GOUGING that is going on here.
No, it's all the Biden's fault for putting money in the pockets of working Americans. There is nothing that Republicans hate more than giving money to working people, 8 million Americans fell into poverty when Donald Trump crashed the economy and who did Trump give the bailout money to???? Cruise lines, airlines, and restaurant franchisors.
It's Biden's fault because who ever is running him these days doesn't have the first clue about economics! We're in this situation because of that...something that even someone like Larry Summers was warning about LONG before it happened!