The American Rescue Plan gives too much money to those who don't need it.
www.marketwatch.com
Can’t print money forever and now we will get hit with massive inflation. As I said before it would have been smarter to give the full $1.9trn to Americans vs just $422bn and have the rest be bullshit.
Get ready for banks to hold back credit and for a massive recession.
Thanks you Transocrats
The banks we bailed out in 2009?
Those banks?
In a fractional banking system economy, inflation, just like deficits, don’t matter.
The infrastructure bill is coming next, and all of that is going to the people. That many jobs created that fast, will stem any concerns of economic dynamics. I’ll take 2-3% of inflation, and a robust jobs market, that continues to grow for several years, over the alternative.
Remember. We had 75 straight months of job growth, 142% gain in the stock market, with no inflation, and a sustainable tax base under the Obama-Biden administration. And that was with unprecedented Republican obstruction.
It took less than half that time for Trump and his Republican Congress to destroy all of it, with 500,000 dead to go with it.
I could give a rats ass what any spending naysayer has to say about anything.