It's a weedy path with lots of forks in the road, and we will require multiple administrations to continue "fixing it",... Trump included.
Democrats
- Thread starter IAFB2021Champs
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It's a weedy path with lots of forks in the road, and we will require multiple administrations to continue "fixing it",... Trump included.
I guess I'm at a loss then why Trump was needed to fix it. Certain Harris would continue this pathway, right?
The banking system installed in 1913 created the conditions for inflation. And until they replace the ‘funny money’ with honest money everyone will go on blaming the other side for it.
During election years, incumbent presidents are routinely blamed for every societal ill during the previous four years. And almost nothing is riper for the picking than a significant rise in consumer prices. According to the Bureau of Labor Statistics (BLS), prices are currently increasing at a rate of 3 percent year over year and peaked at 8 percent during President Biden’s term in 2022.
That is significantly higher “inflation,” as the BLS defines it, than American consumers have experienced in decades. But as economically harmful as many of President Biden’s policies may have been, no president can cause prices in general to rise. Neither can Congress or “greedy corporations.”
Incidentally, “inflation” as an economic term originally meant the creation of new money and credit, not rising prices. Those wishing to confuse the public on which is the cause and which the effect has gradually redefined inflation as rising prices. Check any hard copy Merriam-Webster dictionary printed in the 20th century and see for yourself.
Only the Federal Reserve can cause a general rise in prices and only when it creates new US dollars that didn’t previously exist (inflation).
The Fed's Fiat Money Is the Real Cause of Price Inflation | Mises Institute
Politicians say "greedflation," and profits are what fuels rising prices, but the real culprit is fiat money creation fueled by the central bank.
It was 2.3 trillion and some economist say he didn’t go far enough. Trump added 6.5 trillion with 2.3 trillion coming in COVID relief.
Biden added 7.9 trillion to the nation debt.
1/3 of our national debt has come from the two presidents. Those are the facts.
That might be the single most ridiculous thing I have ever seen. How pathetic.
What a pos Mother. They are little kids that should only worry about what they are going to do on the play ground or what’s for lunch. Elections or politics shouldn’t even be spoken about unless to teach them the time lines of an election or that our political leaders are picked by voting for a candidate.
When I was a kid, never heard my parents speak about politics in front of us or about the candidates. They wanted us to worry about being kids and taking care of our school work. And never heard negative or positive about election results, just another day and time to go back to work. Again, what a terrible set of patents.
I don't know that i'd go that far. In fact, i might go the opposite directions. At least in early childhood, kids should be taught that the president, and the presidency, is someone/thing to respect. They can figure out which ones they like and don't like later, but they need to understand appreciate the importance of the office first.
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