The Biden Economy

[Mark B]

Originally Posted by piece-itpete

Most? Even that article said 60/40 with a ton of caveats.

"The bottom line is both Democrats and Republicans are responsible for growth of the national debt."

A politician never met a dollar he didn't like.

Reminds me of Who's Line Is It Anyway - 'the rules are made up and the debt doesn't matter'

Until it does!

You really need the definition of most?

OK:

"Most" - greatest in amount, quantity, or degree.

[piece-itpete]

Fair enough.

[mpholland]

The problem being when "speaking" in a political forum, terms such as most or least are usually thought of in extremist terms so most could be understood to be above 90% and least under 10%. Such as propagating the idea that most republicans are far right misogynistic racists or most democrats are far left liberal communists. That could lead to the idea that most of the country is extremely politically divided, which I disagree with. I think that most of the population is currently unaffiliated and most of the country is also pretty apathetic when it comes to politics...hence the usual dismal voter turnout. All this hooplah from both sides about voter fraud and voter suppression when the reality is "most" simply don't seem to give a shit.

[Dondilion]

Originally Posted by mpholland

. I think that most of the population is currently unaffiliated and most of the country is also pretty apathetic when it comes to politics...hence the usual dismal voter turnout. All this hooplah from both sides about voter fraud and voter suppression when the reality is "most" simply don't seem to give a shit.

Most just busy trying to secure shelter and put food on the table.

[donquixote99]

Calling 60% 'most' is pretty small beer, as political exaggeration goes. It's not even a lie.

All the exaggeration and lying is a vicious circle. You exaggerate to try to get people's attention, and they tune you out because you exaggerate. So some go for the big whoppers to try to either get some attention, or brainwash the brainwashable.

[barbara]

Dondilion
The major issue now is inflation. Has it peaked?

It seems to me inflation is another name for corporate greed.

[Dondilion]

Originally Posted by barbara

It seems to me inflation is another name for corporate greed.

The Fed's unwillingness to use its tools is a sign of the time. The well-connected have become accustomed to easy money. This guy Powell is a joker; he has been playing. That is why we need a Volcker.

[Dondilion]

Originally Posted by barbara

It seems to me inflation is another name for corporate greed.

Just saw on Youtube the Budget Committee Hearing which was chaired by Senator Sanders.

It revealed the enormous pricing power of very profitable corporations. Such a state of affair is made easy by the lack of competition due to the ever increasing monopolistic, olegarchic character of the US economy.

[Dondilion]

Chairman Powell left .75 in his toolbox, but .5 is not gonna work. Inflation is entrenched.

[piece-itpete]

Or maybe a Perot, complete with charts and a pointer.