Ray From Cleveland
Diamond Member
- Aug 16, 2015
- 97,215
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Lol, gotta love the double standard. “Biden is not responsible for the inflation because of Covid, but trump IS responsible for the bad economy because of tax cuts! Covid played no part in the economy under trump!”
yes, the pandemic cut supply because the left told everyone to stay home, then we had all that money injected into the economy, but nobody was producing anything….and there’s your inflation.
What caused inflation started in March of 2021 when Dementia signed a bill Trump refused to sign that gave unemployed people federal unemployment money on top of what they were collecting from the state. After that expired in September of that year, he worked on expanding social programs to help keep people from working thus causing a labor shortage.
Much higher labor costs, higher transportation costs, higher utility costs are what caused most of our inflation. The spending on vote buying certainly didn't help either.